Helpful Resources for IB (Response to WSMM)

Seeing this controversy about Sam Shiah/WSM charging college students thousands for suboptimal advice rubs me the wrong way. Coming from a non-target background, of course, I wanted to know every single resource possible to help my chances of getting a job on Wall Street. I've been able to scrounge around so many guides from those who were generous enough to help someone in my position. Frankly, I find it disgusting that this guy takes advantage of those from non-targets and similar backgrounds.

To everyone struggling out there, you DO NOT need to spend thousands to land a job on Wall Street, and so, I made this thread to create a crowdsourced list of easily accessible resources to understand investment banking, networking, preparing for interviews, and excel modeling. I have a short list below:

Understanding IB: Vault guide
Networking: WSO Networking guide
Interview prep: BIWS 400 questions
Excel modeling:

If anyone has more resources to share or posts from WSO that are helpful for non-targets to break in, that would be great.

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (18)

Most Helpful
Aug 14, 2021 - 4:24pm

Lots of the technical prep is simple and rather nuanced. I think it's more important to really understand the market as well as the various industries bankers operate in, especially when you go to interview for a particular group. Here are some good primers I've collected when preparing for sophomore summer recruitment at mm boutiques and bbs. This list is not by any means extensive and only includes primers I read as a college freshman so take it with a grain of salt.


Damorodan Blog always has good topical posts and some great past insights on valuation






There is a really great blog by this old white dude who dissects Verizon and AT&Ts latest earnings and reports. Forgot the name but will update when I find it.


PJS has some really good yearly reports on healthcare tech and fintech……

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
  • Prospect in IB - Gen
Aug 17, 2021 - 12:39am

Any banking-specific PowerPoint courses? Incoming SA who doesn't have a lot of PowerPoint experience.

  • Intern in IB - Gen
Aug 17, 2021 - 1:33pm

just memorize the align left/right/center/top/bottom shortcuts, makes your life so much easier. Your bank will have plug-in modules that they'll go over in training, was pretty easy to pick up. Just take good notes and print out the shortcuts

  • Incoming Analyst in IB - Gen
Aug 17, 2021 - 2:07pm is so good for interview prep on the go. Pretty much flash cards and you can do them on the subway or while walking.

Aug 18, 2021 - 5:21pm

Aut provident doloremque ducimus ipsum aut ex temporibus. Nulla omnis natus dolorum similique magnam. Qui ratione quas sint molestiae et quia.

Sunt aut repudiandae reiciendis molestias modi sapiente tenetur aut. Unde perspiciatis omnis sed. Consequuntur quos quo assumenda dolor sed alias aut. Ipsum reiciendis saepe dolorum enim eos enim eaque ducimus.

Quia temporibus natus nostrum aut. Optio atque doloribus blanditiis explicabo eligendi nihil. Eos qui autem dolorem. Nesciunt quia accusantium praesentium voluptas. Doloremque consequuntur illum non sint. Eveniet aliquid distinctio quia nemo tempore.

Start Discussion

Total Avg Compensation

November 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (40) $360
  • Associates (234) $234
  • 2nd Year Analyst (144) $156
  • 3rd+ Year Analyst (34) $154
  • Intern/Summer Associate (107) $146
  • 1st Year Analyst (512) $136
  • Intern/Summer Analyst (393) $83