With the competitive nature of the investment banking industry, proper training and preparation are crucial for aspiring bankers looking to break in. Online courses have become an increasingly popular way to gain the necessary knowledge and skills before applying for investment banking roles. Here we will explore some of the best investment banking courses recommended on Reddit as of 2020, focusing on their content, format, and value for money.
Wall Street Prep premium package provides comprehensive training
The Wall Street Prep premium package is frequently mentioned on Reddit as one of the best options for investment banking courses. It provides over 60 hours of video lessons, 400+ concepts, and lots of practice questions and exercises. The course covers financial statement modeling, valuation models, pitch books, trading comps, DCF models, transaction comps, M&A analysis, LBO models, and more. Even experienced bankers recommend Wall Street Prep as a refresher. The package includes access to an Excel crash course, interview guide, resume guide, and discounts for other courses. With its breadth and depth of content, the Wall Street Prep premium package aims to fully prepare students for the demanding work in investment banks.
Breaking Into Wall Street has tailored courses for different roles
Breaking Into Wall Street offers tailored courses focusing on different investment banking roles like the Investment Banking Networking Toolkit, Investment Banking Interview Prep, and Financial Modeling courses. These courses teach step-by-step processes like how to craft a compelling story for your background, how to structure the perfect answer to any technical question, and how to build financial models from scratch. The instructor Andrew Gutmann has extensive investment banking experience and provides useful industry insights. Though some modules overlap between the different courses, students praise the detailed content and find the role-specific courses very helpful in targeting the knowledge needed to break into investment banking in specific positions.
Udemy courses offer affordable options for entry-level learning
For budget-conscious students, Udemy offers some highly-rated investment banking and financial modeling courses for under $20 when on sale. These courses focus more on foundational concepts like accounting, valuation, corporate finance, Excel shortcuts, and financial statements. The courses won’t go into the same level of advanced modeling as Wall Street Prep or Breaking Into Wall Street but provide a more gentle introduction to finance. Many Reddit users suggest starting with more affordable Udemy courses to gain core skills and knowledge before doing more advanced paid programs. Beginners find these useful for learning terminology, basic Excel skills, and getting an overview of the industry.
The Wall Street Prep premium package, Breaking Into Wall Street role-specific courses, and affordable Udemy options are among the best investment banking courses recommended on Reddit. All provide valuable training to help aspirants break into investment banking by building technical skills, industry knowledge, and interview preparation.