Breaking into Wall Street - Financial Modeling training

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Hey,

For the ones that bought the Breaking into Wall Street Financial Modeling Training package, what are you guys thinking about it so far??!?

Good content?? Or it is only good marketing??

Some friends saying it is way too basic and were expecting more...
Any thoughts??

Comments (33)

 
Apr 23, 2009 - 9:14am

I bought the program this Monday when it launched and I've been very impressed with it so far. For what I paid ($147), the program includes everything you could possibly need for summer and fall recruitment interviews. The material is straightforward and covers a wide range of topics (from accounting fundamentals to basic LBO modeling). The program may be too basic for someone with experience in IB already, but its target audience is clearly undergrads and non-industry professionals looking to make the jump to banking. At this price point, compared to everything else out there, I highly recommend it.

 
Apr 23, 2009 - 12:09pm

To respond to your concerns: it shows you how to create projections, valuations, and merger/LBO models from the ground up.

As I said in everything leading up to this, it is not for you if you already know how to do all that. If you can already create all those models starting from nothing, then it's not for you. There's a full outline to exactly what is covered in the links listed above.

There will be additional content, case studies etc. added over time as I've already received some really good ideas/requests.

If you're not happy, I do provide the money-back guarantee as I do with everything else offered on the site.

 
Jan 15, 2015 - 1:19pm

BIWS Modeling (Originally Posted: 06/25/2013)

How many days or how many hours does it take to complete the basic modeling program? (For anyone who has tried it or knows anything about it). It goes through learning accounting, corporate finance, an M&A model and an lbo model. Could the program be completed effectively given two weeks?

 
Jan 15, 2015 - 1:21pm

It says on there that there is 43 hours of training... My friend (who is a complete finance geek) said he fell asleep when watching one of the videos. Not sure if it's worth it...

Array
 
Jan 15, 2015 - 1:22pm

Have signed up for the complete package myself. Very detailed and in-depth programme with everything made clear and well-explained. The basic package includes Excel Fundamentals and Financial Modelling Fundamentals, with a combined 43 hours of video as Waymon3x6 stated.

However, only recently there has been an updated New Excel Fundamentals course which I think is even more detailed than the previous version. You get access to both the old and new versions when signing up, but probably only want to cover the newer version for modern versions of Excel.

Would definitely recommend signing up to the courses, but they certainly take a fair amount of time to complete. Also note that although there is around 40 hours of video to sit through, each video involves an exercise whereby you pause the video, complete the exercise and then resume the video to watch the walkthrough. This can add on anything from 2mins to 30mins for the standard exercises depending on the difficulty.

As a rough estimate, I'd say you would have to dedicate at least 6 hours per day Mon - Fri to complete the course in 2 weeks, provided you only studied the newer version of the Excel course.

Hope this helps out.

 
Jan 15, 2015 - 1:26pm

If you do nothing else for 8-12 hours a day, I think that 2 weeks would probably be feasible.

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

See my Blog & AMA

 
Jan 15, 2015 - 1:34pm

I bought the fundamental courses, and now I am reading R&P. thereafter, I am going to buy the advanced course. I figure this should be a really good foundation.

I've also bought the PP and excellence with excel course, and I have been very satisfied with everything.

"They are all former investment bankers that were laid off in the economic collapse that Nancy Pelosi caused. They have no marketable skills, but by God they work hard."
 
Jan 15, 2015 - 1:36pm

CountryUnderdog:
I bought the fundamental courses, and now I am reading R&P. thereafter, I am going to buy the advanced course. I figure this should be a really good foundation.

I've also bought the PP and excellence with excel course, and I have been very satisfied with everything.

Do you have a link to the excellence with excel course? I'm looking to brush up on my shortcut skills. I didn't see it on their site. Or is it part of one of their packages?

 
Jan 15, 2015 - 1:38pm

The only portion I didn't like about the course (the advanced modeling one) was that the example was a bit too specialized and difficult to reproduce for other companies.

The basic modeling one I thought was a good intro...but again, it's quite different from how banks actually do their models these days. Still, it's helpful for understanding the concepts.

 
Jan 15, 2015 - 1:41pm

JustADude:
The basic modeling one I thought was a good intro...but again, it's quite different from how banks actually do their models these days. Still, it's helpful for understanding the concepts.

That's interesting. What are banks doing differently these days?

Business, always business.
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