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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Michael
Michael

I highly recommend WSP. I did their self study program and learned an incredible amount of information you would never see at the university level in such detail. It’s not a waste of time if you truly learn and figure out how to market the information. Basically, you have to… Read more »

Bandar
Bandar

I have 16 courses on my courses page, which ones are included in the certification exam? and can I know the weights for each course in the exam

Jeff
Jeff

Bandar: The certification exam consists of 50 multiple-choice questions and focuses on major topics covered throughout the self-study course; each of the major areas (financial modeling, DCF, Comps, M&A, and LBO) is fairly equally represented on the exam. It typically takes 2.5-3 hours to complete the exam, which must be… Read more »

Mridul
Mridul

Hello! Can I download the videos once I pay for the premium package?

Jeff
Jeff

Yes,

There is a download icon above each video that you can use.

Best,
Jeff

Pranav
Pranav

Hello,

What is the average number of hours in total needed to complete the Premium Package?

Jeff
Jeff

Pranav:

The premium package consists of 6 modules with around a total course material time of 45 hours, so I would assume a total time required of about 50-60 hours including the exercises and quizzes.

Best,
Jeff

Zaman
Zaman

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

Haseeb
Haseeb

Zaman,

If you purchase the Premium Package you will have lifetime access. Access to the Certification Exam will not expire. You can take the exam at any time.

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
Haseeb

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
Haseeb

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… Read more »

Gagan Patel
Gagan Patel

Hi,
How many retakes can we take in total?

Haseeb
Haseeb

Gagan,

You have 2 attempts per exam - thanks.

Gagan Patel
Gagan Patel

That means 1exam and 2 additional attempts?

Haseeb
Haseeb

Gagan,

It means 1 exam and 1 additional attempt - thanks!

Egoicochea
Egoicochea

users may attempt to take it no more than 3 times within 24 months from the date of enrollment.

Jeff
Jeff

This is correct. But there is a one month grace period in-between attempts.

Best,
Jeff

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
Haseeb

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… Read more »

Patrick
Patrick

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
Haseeb

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
Haseeb

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… Read more »

Haseeb
Haseeb

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
Samuel

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

Haseeb
Haseeb

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
Samuel

Hi Haseeb,

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

Haseeb
Haseeb

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
Haseeb

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
Haseeb

Dylon,

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

- Haseeb

Haseeb
Haseeb

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
Haseeb

Cathy,

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

- Haseeb

Nicholas
Nicholas

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
Haseeb

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
Haseeb

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
Lin

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

Haseeb
Haseeb

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
Haseeb

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
Haseeb

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
Haseeb

Rola,

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

Haseeb

Yu
Yu

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

Haseeb
Haseeb

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

Stacey
Stacey

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

Haseeb
Haseeb
Bashar
Bashar

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… Read more »

Haseeb
Haseeb

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
Bashar

thanks Haseeb passed the exam on the 30th dec

best regards,
Bashar abu hwaij

Haseeb
Haseeb

Bashar - great job - apologies for the late response!

Ali
Ali

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
Haseeb

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

Rania
Rania

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?

Alaa
Alaa

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
Shannan

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
Shannan

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
Shannan

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
Kshitij

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
Shannan

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

Kshitij
Kshitij

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
Shannan

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… Read more »

Mukaddas
Mukaddas

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

Shannan
Shannan

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
Shannan

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.… Read more »

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… Read more »

Shannan
Shannan

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… Read more »

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… Read more »

Haseeb
Haseeb

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
Haseeb

1. Yes

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

Haseeb
Haseeb

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

Arkady
Arkady

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

Haseeb
Haseeb

The certification exam is included in the fee

Haseeb
Haseeb

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
Arkady

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
Haseeb

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
Haseeb

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
Shyaam Sundhar

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

Haseeb
Haseeb

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
Arkady

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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