Seems like everything I read about training is "best time of my life during my analyst years" "go out every night" "get hammered before work starts" so on and so forth. I am going to be going through one of these structured 'rigorous' trainings this summer for 6 weeks (3 weeks for Series exams and 'social' events & soft skills training, then 3 weeks of everything else). While I very much look forward to partying my A$% off...
I honestly feel like the 'training' aspect would help me to hit the ground running on the job (i.e. acc/fin, ecn, modeling, etc). My firm wont be using TTS, but bringing in some other modeling modeling instruction program. Sure most of it is learned on the job - but who here would say that training definitely benefited them and was a big value add to the start of their analyst years? It can't possibly all be just fun and games - who actually benefited and thought it was immensely helpful?
Haven't been to my training program yet (I am going in July as I joined off-cycle), however I had similar questions towards my colleagues who had done it and the answers were fairly similar. The training program is generally thought of as helpful to everybody, and extremely helpful to anybody without a formal education in finance and accounting as they cover the basics thoroughly but then also move into more advanced stuff. They also tend to be fairly rigorous with ~9 hours of class a day with homework and tests given throughout and the marking being taken pretty seriously. Most often you will also be required to start work to some degree after training ends for the day. With that said, if you pay attention and understand the material, you can go out pretty much every night and on weekends and have a good time. There will also be social events i.e company-financed drinking binges at least a couple of times during the program. All-in-all you shouldn't shrug the training off as unnecessary and useless (as some people do in the beginning), but also don't expect to sweat blood as long as you pay attention and do the required work. You can have plenty of fun during those few weeks and learn a lot as well. Hope this helps!
How do you squeeze in study time for the Series 7/63 if you're drinking all the time? My prep book says I will need 80-120 hours to prepare...
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interested as well
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