How to Develop Modeling Skills for non-bankers

I'm interested in some thoughts and ideas surrounding how to build modeling skills if you aren't an ex-banker. Reason is that I may be accepting an offer that will give me operational and deal experience at a high growth early stage oil company, but I want to be competitive for a PE role in 3-5 years. The main thing I will be lacking in vs analysts coming from a top 5 energy IB is deep modeling experience. While I would do quite a bit at this company, it wouldn't be near what an IB analyst would have done in 2 years.

So, that is why my question is directly aimed at modeling. I also would really value any thoughts on how to be more marketable in general to a PE fund coming from a non-IB role. I know CFA doesn't add much for PE but it wouldn't hurt if I had time. I can't think of a ton else though...

2 Comments
 
Best Response

How much are you looking to spend on acquiring modeling knowledge? It isn't really possible to acquire banking modeling experience without doing banking, but companies like Wall Street Prep, Breaking Into Wall-Street, Adkins Matchett & Toy, Training the Street, etc. all offer training programs for modelling. In fact, AMT, TTS, and maybe even WSP do the training program for incoming analysts at banks. I would suggest that you look into whether or not these fall into your price range and meet your objectives. I think WSP also has an industry-specific oil and gas modelling program which could be useful for you. Best of luck!

 

Exercitationem voluptatem sapiente consequatur sapiente itaque inventore. Sit magni nostrum nihil ipsum velit id optio. Harum est reprehenderit nihil totam ut rerum nulla. Alias animi consectetur aspernatur eveniet voluptatem error ea.

Nemo est soluta ullam facilis ab quibusdam ut provident. Odio provident quia quod. Aut at earum quas possimus sit. Sint voluptas molestias non odio. Voluptatem totam et odit repellat iusto.

Nemo cum dicta sit ut et labore omnis. Voluptatem cumque voluptate alias pariatur libero. Voluptates est libero nostrum. Vitae officia consequatur natus non tempore dolorem. Consequuntur omnis praesentium quaerat. Blanditiis molestiae consequatur corporis pariatur ut labore aspernatur tenetur. Deleniti atque illum sequi qui dolores exercitationem et.

Suscipit non autem eius sit porro non impedit aperiam. Illum quasi ad illum. Architecto optio qui sed corporis repellat consequatur.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (73) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
dosk17's picture
dosk17
98.9
10
Linda Abraham's picture
Linda Abraham
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...”