Wall Street Prep

Investment Banking vs Equity Research

If you're considering a career in investment banking, you should definitely consider banking's slightly less glamorous cousin, equity research. Equity research analysts closely analyze small groups of stocks in order to provide insightful investment ideas and recommendations to the firm’s salesforce and ... Read More

M&A Analyst Day In The Life

In a prior post, we posted an actual pitchbook so you can see exactly what they look like. Below, a new investment banking analyst describes a typical day in his own words. 9:30am - Arrive to work and check email ... Read More

Operation Twist and The Ben Bernank

With interview season in high gear, you guys are bound to get questions like "what is your take on the economy?" You should be familiar with the Fed's current monetary campaign, called "Quantitative Easing 3" or "Operation Twist." Below is ... Read More

Wall Street Prep Partners with Blue Chip Career

Wall Street Prep is excited to announce that we have partnered with Blue Chip Career (BCC) to offer personalized finance career guidance to our customers. Founded in 2009, BCC enables anyone to get customized interview prep, job consultations, industry insight, and ... Read More

The Calculus of Investment Banking Compensation (The Deal)

For thousands of investment bankers who toiled on Wall Street during the heady days of the mid-2000s, 80% of success, to borrow a line from Woody Allen, was just about showing up. In those precrisis, high-profit times, almost every banker ... Read More

A summer internship is the best way to break into investment banking

If you are a finance student without a summer internship offer, you’re “behind the eight ball” according to an article by efinancialcareers.com. For a prospective investment banker, this means that landing a summer internship as a Junior is even more ... Read More

Investment Banking Pitchbook

Below is an example of a real investment banking pitchbook, in all its mundane glory. Since we sign NDAs with our clients, it has always been difficult for us to share a real pitchbook example.  Well, the good news is ... Read More

Common Finance Interview Questions (and Answers)

With the start of a new academic year, we know that finance interviews are again at the forefront of many of your minds. Over the next few months, we’ll be publishing most frequently asked technical finance interview questions and answers across ... Read More

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 ... Read More

Overview of Current M&A Accounting Rules

M&A Accounting rules changed dramatically in 2001 under FAS 141 and FAS 142. EG8NB8T4PTHQ In addition to the elimination of pooling, goodwill would no longer be amortized for book purposes.  In 2009, an important revision to the 2001 changes became ... Read More

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The Wall Street Prep Quicklesson Series

7 Free Financial Modeling Lessons

Get instant access to video lessons taught by experienced investment bankers. Learn financial statement modeling, DCF, M&A, LBO, Comps and Excel shortcuts.