Wall Street Prep

Wall Street Prep (WSP) vs Wall Street Oasis (WSO)

Comprehensive side-by-side comparison

Wall Street Prep pioneered the Financial Modeling Self Study Program in 2003 for students and professionals pursuing careers in finance. The program is now used widely at the world's top investment banks, private equity firms and MBA programs (see list).

Since 2003 several other companies have emerged to offer similar programs, including Wall Street Oasis (WSO) in 2020. In this article, I will try to lay out some of the differences and similarities between the programs and explain why Wall Street Prep remains the best choice.

Wall Street Prep vs Wall Street Oasis: Selecting a program that is right for you

While WSP and WSO offer multiple products, both have a version of a “complete” flagship product that includes what typically represents the “core” investment banking financial modeling skill set.

When considering in which financial modeling program to enroll, factors such as price, support, content format and access to a macro toolkit are all important. But perhaps the most critical factor of all is quality of the content – a financial modeling program is useless if it does not teach material effectively.

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Product Premium Package Elite Package
Price $499 (See deals) $497
What you get Videos + PDF + Excel Templates Videos + PDF + Excel Templates
Primary Content Author Matan Feldman:

  • Founder @ Wall Street Prep (est 2003).
  • One of Wall Street's most sought-after trainers (clients below).
Various:

  • Bios not disclosed by WSO and appear to be freelancers
Program Structure

Full Comparison

  • 31 Courses
    (6 core + 25 bonus courses)
  • Last Major Update: 2020
  • 5 Courses
    (no bonus courses)
  • Last Major Update: 2020
Can You Download Lessons? Yes Yes
Other Benefits 6-Months Access to Macabacus Excel Add-In 12-Months Access to WSO Company Database & Video Library
Support E-mail & Phone Email
Used at investment banks to train analysts and associates? Yes No
Does company run live training at investment banks? Yes No
Years in business as online trainer Since 2003 Since 2020
Certification available?(Details) Yes No
Does program qualify for CPE Credit? Yes No

Course Quality

Given the considerations stated above, Wall Street Prep’s program provides the highest quality training out there.  Wall Street Prep invests heavily in ensuring that materials reflect current best practices and are taught in a way that is intuitive. Training follows a very clear, step-by-step approach where trainees build models essentially from scratch, starting from a blank excel spreadsheet and working sequentially through a model.

You'll be learning directly from Matan Feldman, one of Wall Street's most sought-after trainers of new analyst and associates.

Course Samples

There is no better way to determine which approach works best for you than to actually sample the programs.

WSO provides a few video previews for free to put their best foot forward. Below we’ve provided comparable WSP videos that allow you to compare teaching approach, the level of complexity of the model (is this a real-life model?) and how concepts are covered.

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View WSO Samples here (scroll downpage).

 Which program(s) do investment banks use to train their analysts and associates?

Investment banks, private equity firms, and top business school programs hire Wall Street Prep to conduct analyst and associate training in-house. This enables our instructors (all former investment bankers who are also involved in the development and refinement of the self-study program) to receive continuous feedback about materials and integrate the latest best practices into the training material. Below we lay out how all three firms compare to one another:

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Partial list of live classroom training:

Investment Banking: Goldman Sachs, RBC, JP Morgan, Lazard, Guggenheim, Centerview Partners, Evercore, Perella Weinberg, William Blair, Harris Williams, Piper Jaffrey

Private Equity: KKR, Carlyle Group, Bain Capital, Summit Partners, Advent, Thoma Bravo, CVC, GTCR, Roark, AEA, CDW, Ares Management

Investment Management and Other Firms: Point72, Blackrock, PIMCO, Eaton Vance, Bloomberg, American Express, the World Bank, KPMG, Deloitte, PWC, T Rowe Price

Academic Institutions: Harvard Business School, Wharton, Stanford, University of Chicago, Columbia, Cornell

Partner Organizations: Girls Who Invest, Sponsors for Educational Opportunity (SEO), CFA Society of NY

Firms do not hire Wall Street Oasis for live classroom training to our knowledge.
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