ARGUS Certification AE Enterprise

So I am studying for the ARGUS Certification and feel good about 2 out of the 4 case studies. The last two in the book are a little challenging but am getting help from ARGUS in reference to my mistakes. My questions are:

1) Are the MC Questions similar or even word for word the same as in the University Certificate book?

2)For the modeling portion how complicated do the models get? Are there a few curve balls which you may not have learned in the book previous? It seems each case study I do has 1 or 2 more curve balls which make you think.

3) For the model do they have mixed use properties or are they simply retail or office? How in depth do they go.

Thanks for the time guys.

 

Does anyone have any AE specific advice on how the test actually is?

I got DCF (the old version) certified and remember almost failing the test because it had almost nothing to do with how you actually model in Argus, which I was quite good at for a beginner, and everything to do with regurgitating irrelevant factoids from the study guide.

AE may be different, so I don't want to give bad advice, but if it's the same type of thing I would study the guide front to back a couple times.

Commercial Real Estate Developer
 

Same regurgitation - analysts are just as clueless coming in certified/pissed upon realization that they studied for nothing as they were in DCF days. I don't know anyone who's taken both, but I've been told the pass rate is higher so it's even more regurgitation from study guide.

This will be an unpopular hot take, but I know I'm not the only one in I-sales that feels this way. Anyway, does anyone interview harder on the kids who got certified prior? There's nothing worse than the "this is how i was taught" response when shit goes wrong, and the only ones who say it are the certified ones. I know our associates tee off the second they see it on a resume - i know i did...

 

CRE

Does anyone have any AE specific advice on how the test actually is?

I got DCF (the old version) certified and remember almost failing the test because it had almost nothing to do with how you actually model in Argus, which I was quite good at for a beginner, and everything to do with regurgitating irrelevant factoids from the study guide.

AE may be different, so I don't want to give bad advice, but if it's the same type of thing I would study the guide front to back a couple times.

AE is completely different. Nigh unrecognizable.. which is crazy b/c all the fundamentals are exactly the same.. It's just presented in the most asinine and complicated way.. I'd say if you know DCF well it'd probably take ~2mths to get basic AE down... having said that, some new advanced AE functionality is actually pretty helpful (e.g. portfolio modeling is completely revamped and super-useful; scenario modeling - which lets you do macro stressers to certain assumptions - is a nice new feature). I provide cheap training btw ($100 for 5hrs of vids, $50/hr for one-on-one)

 
Most Helpful

To pay it forward, I passed the certification.

Almost all the exam questions are similar to the ones in the University Certification package, however there are a lot more of them. I had to google search a lot of them but I found it easy to answer above 70%.

However, it's quite easy to fail the model portion of the test. One simple number or issue with the market leasing profile can throw it all off (office vs retail). That was the issue that I had and it took me 7 minutes to figure out why my revenue was off (a costly mistake in a timed test). Make sure to do as many case studies as possible as I found the biggest issues for me to be the general vacancy override for a specific tenant, minor mistakes with the market leasing portion, expense recovery small errors.

I found it wasn't so much an issue of not knowing how to pass the model but mistakenly typing the wrong number or clicking the wrong button. A one second mistake can make you fail the entire portion.

 

you should dig this thread out in two years and let us know if you think the certification was worth it. I took the certification class at their conference three or four ago but didn’t get much value out of it since I was already using enterprise daily. it would be interesting to know if it helps you get a job.

 

Anyone know if the Argus Enterprise Bundle for $1350 includes the test? I've had people who take it say to make sure you download the test too and according to the website the test seems to be another $350 on it's own - seems pretty ridiculous. Also, I've heard of getting a student discount, say I'm out of school but still have access to my school email. Does using that give me some sort of discount? If I'm being honest $1350 is a lot of money and was hoping there's some sort of discount for the certification.

 

The AE bundle ($1,250) includes access to the certification test as well as training/practice test.

You should definitely try and email Argus through your student email for the discount.

If your school/friends/work has access to the software I’d recommend self studying through the manual (you can find it for free or ask someone nicely) because AE is actually super easy to learn and then you’d only have to pay $200 to take the certification.

 

Hi all - I provide Argus Enterprise (AE) training in either vid form ($100 for every 5hours of videos) or one-on-one ($50/hr). I work in the industry in acquisitions for 5+ years and the focus of the training is getting you up and running and able to build a CF soup-to-nuts, as well as audit Brokers' Argus models. Glad to discuss in greater detail... I'm best on email at industrytrainingla at gmail dot com, or PM me and I'll give you my phone number. Looking forward to connecting soon. 

 

Voluptatum explicabo sit ex quia eos optio qui. Reprehenderit modi maxime sit sunt doloribus suscipit. Commodi maxime veniam necessitatibus ducimus totam ipsa.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”