Wall Street Prep Premium Package - Worth It?

jogro778's picture
Rank: Senior Monkey | 99

Hi everyone,

Like many others on this site, I am looking to break into Investment Banking. I have a business background that is focused in operations/supply chain (I am ~2 years out of undergrad), but I have minimal finance experience. I plan on pursuing an MBA or MS in Finance in the future, but in the meantime, I am looking at financial modeling courses online.

Wall Street Prep's Premium Package (~$425, with WSO discount) caught my eye. Has anyone taken this course? Is it worth the money (i.e., did it help get you a finance/IB analyst role even if you didn't have a finance/accounting background?)

Any insight is appreciated. Thanks in advance.

Comments (20)

Best Response
Mar 13, 2017

Never worth it. Save your money. There are plenty of free modeling & accounting resources online - try the simpler operating model on macabacus to start. Wall Street Prep is a scam.

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Jul 31, 2018

Then which one would you suggest?

Mar 13, 2017

If you can split it, I actually think it's worth it if you don't have much modeling experience. Macabacus is a fantastic resource but it's so detailed that it's easy to miss the forest for the trees. I found that WSP teaches the mechanical aspects a lot more easily and it's nice to have someone doing it on a video so you can replicate it until you understand/rewind to see it again. I went from knowing essentially nothing about modeling to being able to churn out a three statement model in time and then I learned how to do M&A and lbo models.

Did it directly get me a job? No, but I would absolutely say it was beneficial in being able to hit the ground running.

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Mar 13, 2017

Not worth it. Veto this reply. You should never have to pay for basic modeling materials. Ask an older friend for basic resources, or use many of the free online resources...

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Mar 14, 2017

Thank you everyone - I'm definitely going to look at free options before WSP/BIWS. I'll check out the simpler operating model on Macabacus. Anyone else have any good sites/resources they used that were free?

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Mar 14, 2017

It depends what specifically you're looking for... What are you trying to brush up on...?

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Mar 14, 2017

I would second the comment on trying to split it. The videos are actually pretty useful and you can watch them at your leisure.

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Mar 14, 2017

Bullshit. This is poor advice. Beware monkeys. Save your precious dollars.

Mar 14, 2017

did you every find an answer out to your question would love to know?

Mar 14, 2017

also, how does WSP premium compare to BIWS? if you already have BIWS is it worth purchasing WSP?

Mar 14, 2017

Does anyone have learning materials that they'd like to trade? I have gathered quite a few from my own ibanking training sessions and would be happy to exchange as I am always trying to learn and improve. Please PM me. Thanks. -MagicMonkey

Mar 14, 2017

pardon the bump...

Mar 14, 2017

Why do you keep posting multiple threads?

Mar 14, 2017

I got this sponsered to me by my school and and its amazing I am taking it now.. I am trying to join to join the investment banking program at our school and I havent taken an accounting class even. Buy it! You also get a certification at the end ( if you do well in the exam)

I want a lady on the street, but a freak in the bed,

Go Bucks!!

Mar 14, 2017

well here look at the resumes of students in our investment banking program :
http://fisher.osu.edu/offices/career-management/st...
Once u get in the program our school sponsors us ( I got it early cuz I am the youngest member to join)

Kids for our program go all FO ranging from GS IBD and GS ER, JPM IBD, UBS IBD, CS IBD, Barclays IBD and KeyBanc IBD

I want a lady on the street, but a freak in the bed,

Go Bucks!!

Mar 14, 2017
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