Wall St Prep Restructuring Modeling

Has anyone tried the WSP Restructuring Modeling Package? If so, do you think it is worth the money? I will be a summer analyst in RX looking for the best ways to prepare, and was wondering if this would be a good product.
Thanks

 

I have it, got it a few years ago when the courses were like 5 dollars on sale. I've done it, so many errors in the videos (the dude can't read financial statements properly, so the inputs in his model are wrong) he also miscalcs some simple ratios)...it was good to see the overall process, but honestly not worth it if you don't know how to model in the first place

Why get your own coffee when you can get an intern to do it for you?
 

Another vote for saving your money: I can't imagine you would need to know somewhat advanced / specific modeling skills for an internship, and I can't really see any benefit to doing it.

- If you think hiring a professional is expensive, wait until you've hired an amateur
 

Thanks all for your comments. I have heard conflicting things about preparing vs not preparing for modeling. I've heard that having some background in it will definitely make retention much easier once you're doing the work itself. I tend to agree with that, and can totally see how having some info beforehand can make the learning process a little easier. As for my background, I'm pretty comfortable with standard 3-statement models, Accretion/Dilution, and am decently comfortable with LBO modeling.
If the RX package really is a subpar product though, I don't want to waste my time. I am in the position that if something will help even marginally, I'm willing to shell out for it, but basically don't want to waste money on something totally useless.

 

bump anyone willing to split the cost with me for this?

I'm an M&A lawyer playing with the idea of breaking into the restructuring scene (having decent knowledge of bankruptcy law and basic 3-statement / DCF modeling experience) and this course seems like a good first taste of what the restructuring modeling process would be like.

 

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