Wall Street Prep

Does Wall Street Prep’s Certification Matter?

Trainees that complete Wall Street Prep’s Premium Package or live seminars, are eligible for Wall Street Prep’s Certification in Financial & Valuation Modeling. Certification is issued only upon passing an online examination (70% is the passing score) which tests the concepts taught in the Premium Package and live seminars.

Why is certification important?

Wall Street Prep’s Premium Package includes foundational financial modeling courses and the Wall Street Prep Certification Exam.

Certification enables trainees to place this credential on their resumes, since simply enrolling in a program does not signal to recruiters that one actually completed the program.

Do recruiters really care?

In a nutshell, some do and some do not. The primary determinants of whether a candidate will get an interview are GPA, reputation of the undergraduate or MBA program, networking prowess, and past work experience.  If you do not have those things in place, a certification will not help you.

However, when those other elements are in place, the certification can help “round out” the profile.  The reason is that since Wall Street Prep works directly with corporate clients, the certification is a “seal of approval” of sorts that hinge on the reputations of the training providers.

At Wall Street Prep we consistently receive calls from employers to validate certification claims on candidates’ resumes – employers would only do this if the certification mattered. For international students and students that come from a liberal arts background, certification is a highly effective way to demonstrate basic competence in financial concepts and modeling.

Is there a downside?

It should be noted that some have argued that such a credential may potentially be counter-productive because it will expose the trainee to more challenging technical questions.  This is a red herring; it is true that the more candidates represent that they know during interviews, the more they will be challenged. But this is not unique to candidates who complete a program like this: A finance major will undoubtedly receive more challenging technical questions than a music major.  But stronger resumes are also more likely to lead to an interview in the first place. From our experience, if the candidate is careful about not “overselling” the experience, the advantages of using such a Certification as a credential far outweigh any perceived risk.

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Zaman Dubey
Zaman Dubey

Does the Premium Package access expire? How long do I have before I must complete the exam?

Haseeb Chowdhry
Haseeb Chowdhry

Zaman,

You typically have an annual license for the Premium Package – hope this helps!

Es Kim
Es Kim

Would you recommend taking the online premium package course first and then also taking the boot camp in-person course for F & V modeling or is that essentially the same curriculum and redundant?

Haseeb Chowdhry
Haseeb Chowdhry

I think that’s a good approach – the live course gives you a flavor of some time pressure, and you benefit from the instructor’s perspectives on modeling/valuation. The premium package offers more courses than the live instruction, but it depends on how disciplined you are in watching online videos. 🙂

Gagan Patel
Gagan Patel

Is training program is good or online program? Do both provide certificate

Haseeb Chowdhry
Haseeb Chowdhry

Gagan,

Passing the WSP certification exam will help you obtain the certificate. Going to the class will help you get an in-class experience of the content that you will be tested on in the Certification exam. It depends on how well you learn in a classroom, or on your own – hope this helps!

Gagan Patel
Gagan Patel

Hi,
How many retakes can we take in total?

Haseeb Chowdhry
Haseeb Chowdhry

Gagan,

You have 2 attempts per exam – thanks.

Gagan Patel
Gagan Patel

That means 1exam and 2 additional attempts?

Haseeb Chowdhry
Haseeb Chowdhry

Gagan,

It means 1 exam and 1 additional attempt – thanks!

James
James

I am intersted in Bank & FIG Model but I have some doubts.
What is the material provide it¿ how long is the guide provide it¿ how long it takes the course.
? Is there an exam or certification at the end of the Course?

Thanks

Haseeb Chowdhry
Haseeb Chowdhry

James,

1) You will get access to our self study materials. Currently we do not have videos produced for this course.

2) As mentioned, this course is self-paced – you should assume about 2-3 days of time to devote to the course to fully complete it

3) Please email support@wallstreetprep.com to discuss any certification related to this course.

Thanks,
Haseeb

Patrick Dunne
Patrick Dunne

Which courses are the most important to pass the Excel exam? Will the test cover all of the courses, or only a select few?

Haseeb Chowdhry
Haseeb Chowdhry

Patrick,

For the Excel exam specifically, I would make sure I go through the Excel Crash Course thoroughly. Hope this helps.

– Haseeb

Zaki
Zaki

Hi Haseeb,

Another question. Do you train on Interview Questions and Answers. If so , which program is that? I could not find it in any of the packages. Thanks.

Haseeb Chowdhry
Haseeb Chowdhry

Zaki,

We do have a private tutoring program – if you are interested please email support@wallstreetprep.com to find out about our private services – thanks!

Zaki
Zaki

Hi Haseeb,

I have graduated from Masters in Economics in Canada and I went back to my country and it has been almost years since. But I want to find a job in Toronto. You can say I am not a recent grad. Do you think Wall Street Prep only caters to fresh graduates, MBA and students ? Would it be helpful in finding jobs in boutique IB banks, brokerage research companies, etc?

Haseeb Chowdhry
Haseeb Chowdhry

Zaki,

WSP is a great continuing education / re-tooling resource – the topics discussed here will definitely help in recruiting for boutique IB banks or sell-side research companies – thanks!

– Haseeb

Samuel Low
Samuel Low

Hi, Where can I have the re-take of the examination?

Haseeb Chowdhry
Haseeb Chowdhry

Sam,

After you take the exam and don’t pass, there is an automatic link available for a re-take. Let me know if you are having trouble with this – thanks.

Best,
Haseeb

Samuel Low
Samuel Low

Hi Haseeb,

I do not see the link available for a re-take. Is there any other alternative that I can re-take?

Haseeb Chowdhry
Haseeb Chowdhry

Samuel,

Please reach out to support@wallstreetprep.com regarding this matter – thanks.

– Haseeb

George
George

Would the Premium Package benefit someone desiring to go into corporate finance, or is it mostly geared toward investment banking?

Haseeb Chowdhry
Haseeb Chowdhry

George,

The premium package would definitely help someone going into any field within corporate finance; either at a company or at an investment bank.

– Haseeb

Dylon
Dylon

Would you say obtaining this certification helps when I’m applying to a top tier MBA program? Especially for someone who is not a finance major.

Haseeb Chowdhry
Haseeb Chowdhry

Dylon,

It definitely demonstrates your desire to become more proficient in finance, so yes, it would help.

– Haseeb

Adam Aguilar
Adam Aguilar

Hi,

If we are needing to retake the exam, do we have to request to retake it, and if so how do we request to do so? There doesn’t seem to be an option under the “Exams” tab.

Thanks,

Haseeb Chowdhry
Haseeb Chowdhry

Adam,

If you’ve finished an exam and do not pass, you will get a prompt for a re-take. We allow 1 re-take per user. Hope this helps!

Best,
Haseeb

Cathy
Cathy

How many hours the exam and do I needs to pay the course and exam?

Haseeb Chowdhry
Haseeb Chowdhry

Cathy,

We recommend you go through all courses in our Premium Package before you take the certification exam – thanks.

– Haseeb

Nicholas Paley
Nicholas Paley

Hi,

I was curious as to what happens if you do not pass the exam? Whether it be on your first attempt or additional attempts.

Thank you,
Nick

Haseeb Chowdhry
Haseeb Chowdhry

Nicholas,

You have a maximum of two attempts to pass the exam – hope this helps!

– Haseeb

Amaan
Amaan

Hi. I would like to know the format of the exam. How many attempts we get and is the exam taken online? Thank you.

Haseeb Chowdhry
Haseeb Chowdhry

Amaan,

The certification exam consists of multiple choice and fill in answers. You get two attempts to pass the exam, and yes, the exam is administered online.

Lin Shi
Lin Shi

I’ve purchased the 3-day Financial and Valuation Modeling Boot Camp package – will this give me access to the exams? Thank you.

Haseeb Chowdhry
Haseeb Chowdhry

Lin – please reach out to support@wallstreetprep.com for this question – thanks!

hasmit
hasmit

Thanks Haseeb

hasmit
hasmit

Can we only appear for the examination without enrolling for the premium package?

Haseeb Chowdhry
Haseeb Chowdhry

Hasmit,

You cannot get access to the exams without purchasing the premium package, so it’s in your best interest to review the materials in the premium package before taking an exam. Hope this helps!

hasmit
hasmit

Well i just want to appear for the exam as am well versed with the content ,as i am a financial modeler.It would be great if am able to just give exam or almost by paying something am at-least able to appear for the exam

Haseeb Chowdhry
Haseeb Chowdhry

Hasmit,

As this is a very specific request, please reach out to support@wallstreetprep.com – thanks!

celia
celia

I am willing to work with the team . thank you

Rola
Rola

Hi, guys

Once i fall the exam, would the second exam be same as the first?

Haseeb Chowdhry
Haseeb Chowdhry

Rola,

The exam will test the same content areas, but it will be different from the first.

Haseeb

Yu Song
Yu Song

so how long is the exam , how come some says 3 hours some says 90 minutes ?

Haseeb Chowdhry
Haseeb Chowdhry

WSP provides guidance that you should budget approximately 90 minutes to complete the exam.

Stacey York
Stacey York

I didn’t receive the excel shortcuts PDF. How do I get that with my premium package order?

Haseeb Chowdhry
Haseeb Chowdhry
Bashar Abu Hwaij
Bashar Abu Hwaij

Hi,

im planning on taking the wallstreetprep exam , how should i prepare myself? i just finished watching the financial modeling lectures and was wondering do i have to watch the entire video listings ? LBOs etc … should i prepare myself by watching the videos or i should also review the materials?…

Best regards,

Haseeb Chowdhry
Haseeb Chowdhry

I would say you should review all courses that have “Premium Package” labeled on them – taking these courses will best equip you for the certification exam – thanks!

Bashar Abu Hwaij
Bashar Abu Hwaij

thanks Haseeb passed the exam on the 30th dec

best regards,
Bashar abu hwaij

Haseeb Chowdhry
Haseeb Chowdhry

Bashar – great job – apologies for the late response!

Ali Ghaith
Ali Ghaith

Hi Just had a few questions about the exam:

1. Is the exam timed?

2. Will I be able to view the correct answers once I complete the exam?

Your response is eagerly anticipated

Haseeb Chowdhry
Haseeb Chowdhry

It will be very applied – 50 MCQs – you will have more than enough time to complete the exam.

Rania Sherif
Rania Sherif

How many questions will be asked in the exam? and what is the expected allocated time? is it 50 MCQ questions or 24??
and how will the exam will look like one or few cases? and will there be theoretical questions?

alaasalah@ayadyegpt.com
alaasalah@ayadyegpt.com

Hi,

Can you elaborate more on how the exam is going to be like? what kind of questions should I expect? Will it be based on a case? Will I be tested on concepts or will I have to build a model?

Shannan Wilson
Shannan Wilson

Hi George,
The course is intended for newbies! We don’t expect you to have any working knowledge of the subject matter before starting the course.
Shannan

George
George

How much financial knowledge is required before starting the Wall Street Prep course?

Shannan Wilson
Shannan Wilson

Hi Matome,
We quizzes in some of our courses, but no we do not have any practice exams. The lessons themselves are hands-on practice and should be more than enough to prepare you for the certification exam.
Shannan

Shannan Wilson
Shannan Wilson

Kshitij,
The exam also includes LBO topics.
Shannan

Matome Tsholetsa Malema
Matome Tsholetsa Malema

Hi. I am based in Botswana in Southern Africa and would like to know if you have practice tests that one can use to prepare for the exams upon finishing the course.

Kshitij Harve
Kshitij Harve

Hi,

Another Question i had:

Does the exam cover topics that were taught in the advanced LBO modeling as well or only up till the M&A course?

Shannan Wilson
Shannan Wilson

Hi Kshitji,
Absolutely not, you have access to your package indefinitely!
Shannan

Kshitij Harve
Kshitij Harve

Dear Team,

Will i lose access to all the videos and materials of the premium (online) package if i pass the certification test?

Thank you for all the hard work you are putting into this educational platform.

Shannan Wilson
Shannan Wilson

Mukaddas,
Wall Street Prep’s Certificate of Financial & Valuation Modeling is awarded to those who complete the Premium Package or a Wall Street Prep Financial and Valuation Modeling Boot Camp and have passed the Certification Exam by scoring 70% or above. The 3 hour examination in administered online, and users may attempt to take it no more than 3 times within 24 months from the date of enrollment. Proof of certification is available for users to download upon passing the exam. There are no additional fees.
Shannan

Mukaddas
Mukaddas

hello i would like to know how much is it cost?

Shannan Wilson
Shannan Wilson

Hi Manuel,
With our courses you can start from ground zero with no knowledge in finance or accounting. I recommend our basic Accounting, Corp Fin and Excel courses to start and then moving in the financial modeling courses.
Shannan

Manuel Canario
Manuel Canario

What previous college or technical knowledge in finance should I have before enrolling in your program?

Shannan Wilson
Shannan Wilson

Nikunj,
I’m not sure how you want to expand your career, but our courses are typically used by people across the globe that want to move into investment banking or equity research or similar careers. Please read my response above in regards to our course and certification and their uses. I’ve provided a link (https://www.wallstreetprep.com/self-study-programs/premium-package/) that provides course details, including the cost. The Certification Exam is included in the course package and consists of 50 multiple-choice questions that focus on major modeling topics covered throughout the self-study course.

Shannan

Nikunj Sharma
Nikunj Sharma

I am working with a Broking House as a dealer from past 3 years and I have done my PGDM in Marketing. I have very good knowledge about stocks, commodities and derivatives. Do you think this certification will help me to take my career globally. And what is the fee structure in INR and how long is the course. It would be kind of you if you can send all these details.

Shannan Wilson
Shannan Wilson

Aris,
Our courses do not replace formal degrees such as a MS in Finance. But, our courses do give you hands on, practical, real-world modeling skills that you can use immediately in interviews and on the job. You can think of them as a bridge between what you learn academically and what is required “on-the job”. They cover such things as modeling best practices and valuation methodologies used at investment banks and are geared towards helping you interview successfully.

Aris
Aris

Hello everyone. Just one question. I am a chartered accountant in an audit firm and i want to break in the financial sector, mainly the investment banking sector. I do have a BA in Economics, a Msc in Development economics (a mainly theoretical degree) and, of course, proven expertise in financial accounting, auditing and whatever it is that a chartered accountant does. The question is whether these seminars offered by this organization (Financial modeling, loan restructuring) are really going to help me to find a job in the aforementioned sectors, or whether i should proceed with an Msc in Finance.… Read more »

Haseeb Chowdhry
Haseeb Chowdhry

1) You will be able to view and print the certificate from your My Courses page as soon as you pass the exam.

2) Keep checking back at our website – we’re always introducing new materials, including webinars, that will provide you with additional skills to broaden your horizons!

Rania
Rania

1-Once I pass the exam, will you send me the certificate by express courier if I am outside US?

2- Do we get access to cases so that we practice modelling and keep improving our modelling skills?

Haseeb Chowdhry
Haseeb Chowdhry

1. Yes

2. Please contact Scott Humphries at shumphries@wallstreetprep.com for this question – thanks!

Haseeb Chowdhry
Haseeb Chowdhry

Amit – it is online – you can take the exam from anywhere in the world, provided you have an internet connection – thanks!

Arkady Libman
Arkady Libman

Once you enroll in our online courses, you will have lifetime access to them, and can access them anytime.

Haseeb Chowdhry
Haseeb Chowdhry

The certification exam is included in the fee

Haseeb Chowdhry
Haseeb Chowdhry

Thanks!

g2go1818
g2go1818

Two questions:

1. Can I access the premium package on multiple computers (ex, work and home?)
2. Do I have to already be a CFA Charterholder to receive the 35 PD credit hours, or can these be applied prospectively once I receive the Charter?

Thank you

Amit Jain
Amit Jain

Hi,

Can I write my certification exam in India?

Is it online or offline?

Thanks.

Aakash Kumar Gupta
Aakash Kumar Gupta

What is the validity of a premium package account once I register? I mean is there a maximum time limit for course completion once I enroll?

Usman Ayub
Usman Ayub

Is there a fee for taking the certification exam or it’s included in the course fee?

Arkady Libman
Arkady Libman

You have up to three attempts to pass the exam. Every time you do not pass the exam, you would need to wait 1 month before being able to retake it. The passing score is 70%.

Fahmy Cader
Fahmy Cader

Could anyone enlighten me whether we can have more than one attempt to complete/pass the Certification Exam ? just as a matter of precaution .

Haseeb Chowdhry
Haseeb Chowdhry

It’s a great item to add to your resume – look at the other responses below as well – thanks!

Daniel
Daniel

Is an MBA necessary to break into the industry? Would the combination of sell side experience and being a CFA charter holder/candidate suffice?

Haseeb Chowdhry
Haseeb Chowdhry

I think the latter would suffice if you want to get into investment banking as an analyst. If you want to join as an associate, it’s almost guaranteed that you should get an MBA if you haven’t had prior investment banking experience.

Daniel
Daniel

That is helpful. Thank you very much.

Shyaam Sundhar Rajamadam Srinivasan
Shyaam Sundhar Rajamadam Srinivasan

This is indeed useful. I was wondering the same, since I come from a tech background (planning on moving into Finance background).

Haseeb Chowdhry
Haseeb Chowdhry

Ali,

Yes and yes – 90 minute exam and you can review the questions after you take the exam – thanks!

guru
guru

HOw many questions will be asked in the exam?

Arkady Libman
Arkady Libman

The Certification Exam consists of 50 multiple-choice questions and focuses on major modeling topics covered throughout the self-study course.

X

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