Wall Street Prep

Working Capital: Formulas, Misconceptions and Real Examples

A key part of financial modeling involves forecasting the balance sheet. Working capital refers to a specific subset of balance sheet items. The definition of working capital (shown below) is simple: Working capital = Current ... Read More

Demystifying Financial Restructuring: Free Mini Course

In this 11-part free mini-course, you will learn about financial restructuring. The course is meant to introduce newbies to a high level overview of financial restructuring and set the stage for further more advanced analysis. ... Read More

The 100+ Excel Shortcuts You Need to Know, Updated for Windows and Mac

Excel shortcuts are a fundamental component of efficient financial modeling. Quite simply, it's well worth the time to learn them. Here, Wall Street Prep has compiled the most important time-saving shortcuts for Excel 2016 for ... Read More

Quick Lesson: DCF Model - Build a Discounted Cash Flow Model, Part 2

Learn the building blocks of a simple one-page DCF model consistent with the best practices you would find in investment banking. As a side benefit, the DCF is the source of a TON of ... Read More

Quick Lesson: DCF Model - Build a Discounted Cash Flow Model, Part 1

Learn the building blocks of a simple one-page DCF model consistent with the best practices you would find in investment banking. As a side benefit, the DCF is the source of a TON of ... Read More

Sales & Trading and Equity Research

Institutional investors such as pension funds, mutual funds, university endowments, as well as hedge funds use investment banks in order to trade securities. Investment banks match up buyers and sellers as well as buy ... Read More

Investment Banking Interview Resume Question Lesson: "Walk me through your resum ...

Walk me through your resume. You've created a great investment banking resume and it has landed you an interview.  The next step is to be able to walk an interviewer through that resume effectively. ... Read More

Investment Banking Career Paths

The career of an investment banker progresses along a fairly standard path. Investment banking positions from junior to senior: Analyst (grunt) Associate (glorified grunt) VP (account manager) Director (senior account manager, rainmaker in training) ... Read More

What is Investment Banking?

Several things, actually. Below we break down each of the major functions of the investment bank, and provide a brief review of the changes that have shaped the investment banking industry through the aftermath ... 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 ... 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.