NEW Financial Modeling Training Courses
We are super excited to announce 6 new WSO courses to help you develop the most critical skills to succeed in your finance career! We are offering a major package discount with lifetime access for all 6 courses.
New WSO Courses:
- Excel Modeling Course ( available now )
- Financial Statement Modeling Course ( available now )
- LBO Modeling Course ( available now )
- Valuation Modeling Course ( available now )
- M&A Modeling Course ( available now )
- DCF Modeling Course ( available now )
WSO Elite Modeling Package (6 courses above) - Learn More
For over a decade, we have partnered with two great training providers and we endorsed their courses as a great way to help anyone looking to gain an edge and improve these critical skills…so the obvious question is...
Why create -- yet another-- Financial Modeling Training package?
It really came down to three primary reasons:
-
Access to Elite Pros.
Given 1 million+ visits each month, the 750,000 registered members, and the 700+ mentors already working with
WSO
, we knew we could cherry-pick the best rock-star pros to develop and teach each course. ---- For example, instead of
one
person trying to teach
all
of the courses, we selected a megafund private equity pro to teach
LBO
modeling and a bulge bracket M&A investment banker to develop the M&A course and an M&A
Director from
an elite boutique to deliver the content. ---This allows our instructors to always give real-world context to the modules and lessons. On top of that, we lean on WSO's network to also surround each instructor with a team of 3 co-instructors (other rock-star professionals in that niche) to help vet each lesson. These pros
come from Morgan Stanley
, Goldman,
MDP
,
Barclays
,
Moelis
,
KKR
,
Evercore
(+ more) with direct relevant experience to the course material.
-
Better learning experience.
- No more long boring lessons -- all microlessons, each with its own distinct learning outcome (well researched to help with retention) - Gamification (bananas!) to work toward real-life rewards (real incentive). - High-quality post-production on every video to help you focus on critical concepts and stay alert - Max the monkey! Alongside our expert instructors, Max will make the lessons a lot more fun.
- Community and Mission. At the core, WSO is and always will be a community -- what better place to learn than in a community of like-minded students and professionals? One of the 3 missions we highlighted 14 years ago for WSO was...
To help every student and professional around the world, regardless of their background, develop superior career skills and access the same opportunities as those with the most privilege.
We truly believe that these courses are a critical step so that we can meet this final mission with more purpose. Our first announcement on this front was the launch of the WSO Financial Aid Program just a few weeks ago!
If you have any questions, we are happy to answer them in the comments or feel free to click through to the course descriptions below to get a better feel of what's included.
New WSO Courses:
- Excel Modeling Course ( available now )
- Financial Statement Modeling Course ( available now )
- LBO Modeling Course ( available now )
- Valuation Modeling Course ( available now )
- M&A Modeling Course ( available now )
- DCF Modeling Course ( available now )
WSO Elite Modeling Package (6 courses above) - Learn More
As always, thank you to all of the WSO members that make this community so strong and we look forward to serving all of you in this next exciting chapter! The WSO Team
UPDATES [March 2021]: The team has been hard at work and we have the following updates...
- PowerPoint Course is done! ( available here )
- Accounting Foundations Course is done! ( available here )
- Venture Capital Course is done! ( available here )
- Real Estate Modeling Course is done! ( availabe here ) ...beta pricing ending any day now
PACKAGE CHANGES : The WSO Foundations Package changed slightly. We replaced the Financial Statement Modeling Course ($197) with the Accounting Foundations Course ($97) so we also lowered that price by $50 to reflect a bundled discount. We felt like less overlap with the Elite modeling package made sense and Accounting truly is a foundational skill along with Excel and PPT, so it fit the package better.
ON DECK : An Advanced Accounting course is in the works, ETA July 2021
RELATED : Public Training Bootcamps are now LIVE (insanely discounted compared to what else is out there so they are selling out) and WSO is coming to a bank near you as we roll out more live corporate training. Interestedin helping your employees get more efficient? Book a Call
Comments ( 149 )
congrats on the release Patrick!
thank you! It has been a LOOOONG road, but I'm very happy with how they are coming out :-)
and thank you to all of the beta users that helped us improve the LMS over the past few months! We've made a ton of minor changes over the past 8 weeks... when combined actually make a big difference in the UX:
...those are only a few and more improvements coming.
-Patrick
WSO Elite Modeling Package | PE Interview Course | IB Interview Course | All WSO Courses
UPDATE: All Courses in Elite Package are 100% Complete AND now offer Certificates for Students!
Update on courses [11/1/20]:
1. All 6 courses in the Elite package are 100% complete. M&A Modeling, Excel Modeling, Financial Statement Modeling, LBO Modeling, and Valuation Modeling DCF Modeling Course!
2. Professional Support from IB / PE pros - we've successfully scaled up this team and implemented a process so now that any technical comments about the course/material will quickly be answered by qualified pros that still work in the industry. We are super excited about this and think that it's a HUGE value add for students and one way we are leveraging our MASSIVE team of amazing WSO mentors (over 700 members now!)
5. Courses on the Docket ... We are currently pre-selling a PowerPoint for Finance course, a Real Estate Modeling Course (this already has 4 modeling tests/cases live and counting) and a Venture Capital Course I'm super excited about (better material than VC bootcamps that charge $6,000/head) ...we expect to have more announcements coming soon for those. Course development for a Basic Accounting and Advanced Accounting Course have also started and will be 2021 releases.
We are still on the hunt for several instructors to start development on a Bond Course - Fixed Income and a Restructuring Modeling Course...if you and/or anyone you know you think would be a great person to help develop these, please reach out!
Stay tuned!
Patrick
ps - we also aren't resting with our more famous older courses -- we have leveraged the WSO community reach to make the Private Equity Interview Course even more of a powerhouse. We just crowdsourced over 10 more modeling tests from top PE firms and we are in the process of scrubbing and uploading these to the course (some of them we'll walk through and add additional modules to help make sure students see the best way to approach them)...
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Hey Patrick, Just a couple questions
1) Once I pay for the Elite Modeling Package, is it accessible for 12 months from the billing date?
2) Once all the content is ready & available for this package, would I have to pay anything extra or the amount I pay now covers for it?
3) Do I get a certificate or so as well?
Thank You!
Any chance of releasing a package without the LBO and M&A modelling course for ER? The other four would be super useful, but paying for the full thing when using only 4/6 is overkill
300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.
Learn moreWe also have the WSO Foundations Package option which is currently discounted since PPT for Finance is still in development.
It includes 1) Excel Modeling Course 2) Financial Statement Modeling and 3) PowerPoint for Finance...but if you get that for $247 now and then wait for the Valuation + DCF courses to be released, even if we make a less expensive bundle (say $247 instead of $294), when you add those it will undoubtedly be more than the current package price -- already heavily discounted since 3 of the courses are in still process.
I can say in terms of release schedule, we're likely looking at late June/early July on the Valuation, mid-late August on DCF , M&A and PPT.
WSO Elite Modeling Package | PE Interview Course | IB Interview Course | All WSO Courses
Thanks! Is the PPT for Finance a part of the Elite package or is that going to be sold separately?
Congratulations on the launch, WSO Team!
Thank you!
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Congrats Patrick. I recall WSO used to partner with Wall Street Prep ('WSP') as course provider, is this no longer the case? Also how does this course compare with others such as WSP, the screenshots look kinda similar so I'm just wondering if this is a joint offering or something separate entirely. Thanks
That's correct, we partnered with WSP for almost a decade (and BIWS before that)! I think they both (and several others) offer a great program, we just thought there were ways to improve upon them. This is a separate package entirely.
It's probably first easier to say how we are similar:
What is different in the WSO package:
The instructors were selected based on specific niche expertise to make sure real world context was included across all of the lessons. In the other packages, often there is just 1 teacher (the CEO) across all (or most) of the courses -- LBO or M&A courses, for example, taught by somene that never worked in private equity or M&A and/or has been out of the industry for a while. We think this matters.
The delivery of the courses is very different. We thought we could significantly improve the way the courses were delivered to help increase student engagement/retention including:
No more long boring lessons = all microlessons, each with its own distinct learning outcome (well researched to help with retention)
Gamification (bananas!) to work toward real-life rewards (real incentive).
High-quality post-production on every video to help you focus on critical concepts and stay alert
Max the monkey! Alongside our expert instructors, Max will make the lessons a lot more fun
Hopefully that makes things more clear... Thank you for the questions! Patrick
https://www.youtube.com/watch?v=z6RnsPXDlHM&feature=youtu.be
WSO Elite Modeling Package | PE Interview Course | IB Interview Course | All WSO Courses
How does the LBO modeling course compare to what is included in the PE interview course?
Great question. The PE Interview Course has 9 LBO modeling tests and a long section on LBOs in the PDF textbook that comes along with the course, but it is much more focused on reps and acing these tests in an interview context rather than developing the full-blown LBO modeling skills needed for an associate at a top PE fund.
This is also why in the PE interview course we also have audio recordings we provide of actual PE pros walking through previous deals in the context of a PE interview (with cheat sheet templates we provided them and you can use).
While the LBO modeling tests are great for landing the job, they do not have detailed dives on 1) how to deal with 2017 Tax reform in a modeling context 2) how you would model in a dynamic dividend recap 3) how you would model a roll-up strategy dynamicly with add-on acquisitions... The LBO Modeling course does all of those (+more) and also goes into a lot more depth on LBOs from a *modeling* context (theory as well, of course) -- it is simply a badass course and one that covers more than any other LBO modeling course out there (the benefit of spending $$$ and hiring several top private equity professionals to help develop it :-)
Hopefully that helps! Thank you for the question.
Patrick
WSO Elite Modeling Package | PE Interview Course | IB Interview Course | All WSO Courses
Congrats on the roll out Patrick, this is fantastic. Having already purchased the PE interview guide, I am definitely interested in the discounted LBO modeling course. Sounds like the email will contain instructions on how to add on, but let me know if easy to upgrade off the website.
Thanks again for all the help, WSO was huge in both locking up my IB job and my next PE job. Can't say enough good things.
great job Patrick! is there the option to buy the full package but defer the database subscription? I would like to use the modelling now, but realistically would't want to use the database for a year or two. Is this an option?
yeah, that's fine. You can just ping support once you checkout and we can defer that no problem.
WSO Elite Modeling Package | PE Interview Course | IB Interview Course | All WSO Courses
congrats to the team! This is going to really help a lot of people.
Thank you! We think so too :-)
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Damn if I had waited on buying the WSP package a week I would've gone with this... I did use the WSO referral code so hopefully you guys got something out of it.
Pat/Team; How would you say your course is similar/different/better than what WSP has to offer?
Go all the way
For those of you that have been trying to purchase today, of course because of Murphy's Law, Paypal limited our account earlier today (we really need to switch payment processors)...I think because of the higher volume of new purchases at a new price point. (so dumb)
Anyways, we are back OPEN FOR BUSINESS. :-)
-Patrick
WSO Elite Modeling Package | PE Interview Course | IB Interview Course | All WSO Courses
Thanks Pat, I glanced over that.
Are you able to say how many hours the 6 courses total? Or a break down of hours of content per course would be great too.
I'm already ~5 hours into the WSP course... I'll have to hop on the phone with them and see if I can work something out. This package is a deal for me haha.
Go all the way
You mentioned above there is a RE modeling course in the works. Is there RE specific version of this package WSO is thinking about putting together eg excel, accounting, RE modeling, etc.? I'm interested, but don't see much value in the current package given the DCF , LBO and M&A courses don't do much for me. Currently working at a debt shop and if I left would be looking to make the jump to REPE.
Hi EBITDA - while there won't be a "package" per se, there are discounts offered to previous clients so it will be easy to build your own (or just get in when we first announce the courses because that is the lowest price)... so lets say you purchase the Excel (standalone) and the RE modeling course once it's available (not saying accounting because we don't have that in dev yet)...then you'd have a RE oriented package.
That being said, just keep an eye out for the RE Modeling Course announcement because we are going to make it dirt cheap to start (probably $97) and the ratchet it up significantly as more and more tests and video lessons are added (and then even more once the full blown modeling course is built out inside of the LMS, not just the tests). I'd expect the final price to be closer to $497 for that course within ~6-9 months, so if you get in at $97, that's a great deal.
Stay tuned! Thank you for the question. Patrick
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Just a heads up that the RE modeling course is selling in beta and is discounted right now with 4 modules/modeling tests included and more coming before year-end... so price will be going up again soon.
WSO Elite Modeling Package | PE Interview Course | IB Interview Course | All WSO Courses
not sure if you bought, but the RE modeling course is wrapping up (1 main module left), so the price is going to jump way up soon fro $197 to $497, so if you don't have it now I'd get in :-)
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Hello Patrick, I'm really interested in this package. However I have some basic questions. I'm just a sophomore in Europe planning to study 2 years more of master's degree so please keep this in mind. 1º Until when is this package discount available? 2º Once I get this package, will I have free access to all the resources "forever"? 3º Is there any disadvantage in the package content for those who study and want to work in Europe? 4º Regarding the resources like the database, may I have a code in order to use the 1st year of the bonus content and also for the Elite Support whenever I want? 5º Will the content of this package be renewed or updated with the time? 6º How important is the Coronavirus economic crisis in the content of the package? Seems a really promising package. Thanks again.
Thanks for considering! Patrick
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Hi Fabian - more info from one of our main instructors on the LBO course and how relevant it is for countries outside the USA:
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I get an "Access Denied" page when I click on any of the highlighted "Available Now" or the Excel course
Please try now...some KW links were injected by mistake. fixed now.
WSO Elite Modeling Package | PE Interview Course | IB Interview Course | All WSO Courses
apologies, pls check again -- for some reason the Excel Modeling Course landing page had been unpublished.
WSO Elite Modeling Package | PE Interview Course | IB Interview Course | All WSO Courses
Congratulations on the new addition to the platform. My uni ends in the beginning of July and starts again in September. I was hoping to smash out a modeling course over the summer. Do you perhaps know when in August the M&A and DCF modeling course are released? (Beginning, mid or end.)
I don't want to promise early Aug because I think it's a bit optimistic (even though we're aiming for that we don't want to rush the process). It is more likely mid or late Aug, although we may end up releasing version 1 of the videos for Valuation, M&A and DCF (before a lot of the animation and post production work is finished) into the LMS to help with timelines.
This way, students in a rush can start those as the final editing and details are added over the following 2-3 weeks. Valuation will definitely be the next one released since its being recorded now (I think early-mid July release), but the exact timing of M&A and DCF (as well as PPT and Real Estate) are a bit harder to predict.
Thanks for the question! Patrick
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Hi Patrick First of all congrats on putting out this project!
I'm interested to purchase the whole package, but I'm not sure if I should rather pick BIWS or WSP .
Is there a recommendation from anyone or from you which would be the most suitable for someone who has very little M&A experience, is about to graduate already and might lack fundamentals. Would like to use one of these courses to land some internships. Thanks
Hi SmallEyedMonkey -- Our course bundle includes a very foundational Excel course so I would think that if you have less experience (in M&A or modeling in general), ours might be a good fit for you.
In my response to LDNFinance above, I outlined how we are similar and how we are different to other financial modeling packages out there so you can get a better feel of what we tried to improve upon compared to what is out there already.
I hope that is helpful. Whatever you choose, good luck! Patrick
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Thank you Patrick! I have one more question, how many case studies do the packages include ? Are we modelling with real cases/companies?
Hello Patrick
I'm a 2020 Spring intake-MS Finance student at Stevens Institute.
I was going through various online courses available & recently joined the WSO community.
I am seeking a future in Investment Banking/Venture Capitalism & wanted your inputs on what course/package do you recommend?
Since TTS , WSP are considerably expensive & I can get the early discounted rates at WSO , I was wondering if WSO courses would cover all the necessary knowledge required to seek an internship over next summer & a potential job later? (especially since the course doesnt cover Accounting & PPT) I just want to confirm since I'm fairly new to this & want to ensure the correct path.
I believe that the Elite Modelling Package would be a good fit but since I'm just a semester through my degree, I wanted your input.
Thank You.
Take Care (Go Bananas!)
Parth H. Somayya.
If you are looking for specific guidance on how to land a job in IB , you are better off likely purchasing the IB interview course. The financial modeling courses are great to also help prep you for interviews, but they are obviously more focused on the actual skill developement (when the function of whether or not you can land an internship is still really much more of who you know = networking and your performance in the interviews).
Yes, none of these "packages" include Accouting or Powerpoint as part of the modeling bundle, however, if you do decide to invest in one of these, I would push you to get one that has Excel as part of the main package since it is so foundational to make sure you are an expert in that program (no matter what finance career you follow). To be honest, given the IB / VC range of outcomes, I think you'd be much better served to try and figure out what you want because those two paths are VERY VERY different. While I think developing these skillsets is incredibly important to succeed on the job, given that you're coming from an MS Finance that I've never heard of, I'd say it's likely much more important you learn how to start meeting 10-20 people per week in these industries, now. If you're already aggressively networking then you can ignore the advice above and yes, I think we'd be a great option for developing your financial modeling skills (just an FYI, there tends to be much less modeling in VC and we will likely be releasing a VC course in the next ~3-4 months as well).Good luck with whatever you decide! Patrick
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Hi Patrick, thank you a couple quick questions on the new lbo model being released. - does it include IPO as an exit? - does it include earnout optionality - are there lessons on how to merge balance sheets for add-ons with the platform acq - what about more idiosyncratic toggle features like convertible preferred debt, liquidation preference, warrants and equity co-invests. Will these be included in the model? Thank you
Thanks for the questions.
Does it include IPO as an exit?The assumptions of a sale at exit in functionally very similar...either way shareholders are cashing out, so I'm not sure what additional value that brings the student to assume it is an IPO .
does it include earnout optionality No, although we do plan on adding a discussion (and potetially modeling this out as part of our M&A Modeling course) with regard to earnouts. With other rare idiosnycracies, we had to balance length of the course with value. Adding a few additional hours to the course that can distract from the understandings of the core LBO we think could be detrimental. Students and IB professionals should understand earnouts and it may be something we add in as another bonus module, but for now given how long and how detailed the course already was, we decided it's a better fit for M&A.
are there lessons on how to merge balance sheets for add-ons with the platform acq The bonus module with the add on acquisition have flexible toggles based on year, size of acquisition and models out a representative acquisition target which flows into the model in a waterfall structure (based on timing). The balance sheet impact treats it as an asset acquisition as a simplifying assumption since it doesn't make a difference for calculating returns. If you had a specific acquisition with all of the specific balance sheet data, you could replicate the equity purchase price accounting that was done at entry for the LBO (the goal of the roll-up bonus module was more to be able to toggle add-ons and show the impact of buying down your multiple on returns)...
what about more idiosyncratic toggle features like convertible preferred debt, liquidation preference, warrants and equity co-invests. Will these be included in the model? Yes, we have a preferred stock + mezz stock structure (dilutive which we model out) with PIK toggles. There are endless numbers of other structures we could include...for example, we could we have a bonus modules showing the returns and sensitivities with a 2x liquidation preference on the senior debt or preferreds with a base/downside scenario-- I think this is great feedback and something we will strongly consider building out in additional bonus modules....that being said, the current course and what is included will really get you 99% of the knowledge base for a job in private equity.
Like all the WSO courses, we expect to continue investing to improve them over the years to help add more of these wrinkles. We will definitely keep everyone updated as more features are rolled out throughout the rest of this year!
Thanks, Patrick
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Hi! first, thank you for offering such a great course! there's one thing I want to know. Does it includes some kind of certification after the completion? I'm a 1st year student at uni, so without any relevant experience, I think it would help me a lot to show my interests in finance.
Thanks for the question D.K.!
This is definitely on the product roadmap and will be released sometime in the next ~3-6 months. If we have a simple certificate of completion it is much easier to implement and something that we could add sooner (and may do that).
However, I think it is more valuable to have a respected certification alongside the financial modeling training packages that tests the students for modeling mastery with an actual proctor so that the "certification" is not just a simple multiple choice exam that someone can keep taking until they pass. (this is obviously a much bigger lift but one I think we can pull off with enough time and I think it's important enough to warrant the investment).
So short answer is yes, it's coming and will be part of the package.
Thanks! Patrick
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Certificates are now LIVE!
WSO Elite Modeling Package | PE Interview Course | IB Interview Course | All WSO Courses
Hey Patrick! Congrats on the course release. Interested in the course but was hoping to know the reaction of people who might have tried these beforehand. Did you run a pilot and do you mind sharing the experience/ comments from the test group. I understand that I can try the course myself and with the no questions asked return policy, i'm not risking a lot. But just wanted to hear the review in general.
Thanks again for the course and also your podcast rocks!!
Hi Aaron - thanks for the questions!
Yes, on top of having multiple "co-instructors" and many of the relevant professionals in our mentor network review the courses in detail, we also ran a very extensive pilot with ~30 beta users going through all of the courses and telling us anything/everything they liked and *, more importantly,* anything they felt was missing or could make the courses better (we plan on doing this for ALL courses).
The feedback was overwhelmingly positive -- many raved about the clarity of instruction and the context the instructors were able to deliver (how things were used on the job)...that being said, they definitely helped us get the platform to the next level before launch including:
1. Close captioning across all lessons to make them more accessible [done]
2. Improved navigation with countdown + autostart at the end of each lesson [done]
3. Speed with pre-load caching system so that the next lesson loads lightening fast after one finishes (this is out for Chrome, coming soon for Safari as well) [done for chrome, coming for Safari]
4. Better lesson labeling for easier navigation [done]
5. Scroll anchoring on left lesson bar for easier navigation within lesson views [done]
....among other small things (all put together they do add up to a major UX improvement)
They also helped us validate the benefits of a lot of interactive exercises and our product roadmap. One of our main priorities in the next few month is to add a lot more short quizzes throughout the courses to just reinforce the learning objectives of each module. (as mentioned above, this is also the precursor to adding a more robust certification that actually means something)
Thanks for listening!Patrick
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Just bought the course along with Rosenbaum 's book (Investment Banking). It's looking like a scholarly summer--wish me luck!
Started listening to the podcasts as well. Everyone's calling to "Patrick," so I'm guessing that's your name, right?
Keep it up Patrick!
yup, that's me. Thanks for the kind words!
FYI survey coming out soon to all of the monkeys to try and make sure our course development map is hitting the courses you all want to see :-)
-Patrick
WSO Elite Modeling Package | PE Interview Course | IB Interview Course | All WSO Courses
Exciting! Can't wait ro check it out
Patrick,
I have a subscription to the PE prep interview course and have done some courses on financial modeling before (Financial Statement Modeling, DCF , Comps, M&A , LBO) but find that they lack content on how to develop assumptions or the basis for projections. I am interested in WSO's Elite Modeling Package and would to ask a few questions:
1) Would you rate the level of the WSO courses (DCF, Comps, M&A , LBO) as Intermediate or Advanced? Reason for asking as I am looking for a more advanced course.
2) Will the course content contain any tips or best practices on modeling?
A few days to go before the discount ends, so wanted to find out the above before I make a final decision.
Thanks!
Thanks for the questions:
1) I would say they can take a beginner and bring them up through the advanced levels. You could call the Excel Modeling Course...a "beginners" course since it starts out very basic, however, by the end we are doing very complex work...so I hesitate to call any of them "intermediate" or "advanced". It is expected that there is at least some foundational knowledge in accounting (we are working on a foundational accounting course but that is likely a 2021 release)
The goal is that is a student or professional spends the time to go through these courses that they will come out on the other end with a much better grasp of how to build financial models in a variety of contexts...some people may call that intermediate...others may call it advanced, so I think it really depends on your perspective.
If you are looking for a very deep dive on how to develop assumptions, I don't think you would classify it as advanced since we are using the case-based methodology (Nike) to build out our projections and the focus on most of these is on the mechanics of the actual modeling, not in debating whether Nike's China division will grow at 6% or 7.5%...at the modeling level, your job will more likely be to build a flexible model that can dynamically adjust without breaking to a variety of different cases/scenarios...this is the focus.
2) Yes, absolutely...our instructors are really good at bringing in real world context into the lessons since we only hire top pros from top firms to teach these courses and I push them to ground the lessons -- this means a lot of tips on best-practices are included throughout the lessons/courses.
I hope that helps! Patrick
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**Update: All 6 courses in the Elite package are complete!**
WSO Elite Modeling Package | PE Interview Course | IB Interview Course | All WSO Courses
Hey Patrick, really been enjoying the course so far, the team has outdone themselves.
Quick bit of feedback about something that would really improve the interface/usability though. The scrollbar on the left where you scroll through the videos always resets up to Module 1 in a course when you go onto a new lesson even if you may be on Module 12. This can get really annoying if you want to quickly check out a video that's a few ahead/behind, or go back to a previous module. Scrolling from Module 1 all the way back to the current module you're on can get tedious if you're frequently jumping between videos that aren't directly preceding or next.
Overall though, it's been fantastic, but a small change like that would really improve the user experience so thought it'd be worth letting you know. Thank you!
Yes, we pushed this left bar scroll anchoring (we thought) several weeks ago so I'm surprised to hear about this... can you share what browser/system you're using and I'll send to the devs ASAP? Also, thanks for the kind words... I think people are going to be blown away by the depth of the Valuation Modeling Course once it's fully up :-)
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Chrome on Windows 10, thank you that'd be a big help. I have no doubts at all, looking forward to it!
@Wallstreetoasis.com" How many hours of content is there total in the 6 courses?
Hi Mr. Rogers - thanks for the question. From my response above to FlyingKiwi...
We don't have an exact hour count because several are being recorded right now, but I would expect between ~45-55 hours across the 6 courses (so I'd budget ~70-100hrs to complete and review it properly unless you like watching at 1.5-2x speed which could bring it down).
I'd be careful just looking at total time though because (for example) our LBO modeling course is a similar length to the other courses out there but 1) some are very dated and 2) almost none of them are taught by a professional with private equity experience and thus you see there are some gaps (same issue with M&A course).
Some examples just for LBO include (but not limited to) 1. not showing how 2017 Tax reform should be modeled dynically into an LBO to account for the rule changes through 2023 (pretty major) 2. not showing how to model in dividend recaps dynamically so you can quickly toggle assumptions to different years 3. not including dynamic modeling lessons on add-on acquisitions or roll-up strategies which are fairly common nowadays to "buy down your multiple."... among others...
Also, the Valuation Modeling Course which is now ~90% uploaded into the LMS is by far the most robust Valuation modeling course on the market with a ton of comps spread and detailed discussions on very nuanced adjustments and the rationale behind each and every one (but I think it's not much longer time wise, even at 170+ lessons and counting!).
I hope that is helpful! Patrick
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Hi,
Just going through the first course in my boundle. So far it looks very useful
Is it normal that every lesson starts muted and I need to click the speaker in the top right-hand corner to unmute ?
Thanks for the kind words!
The muting shouldnt be happening but it could be browser-specific (ie settings on your side). Do you mind emailing support and giving them details about what browser you are using so we can see if we can troubleshoot?
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https://wistia.com/learn/product-updates/muted-autoplaying-videos
looks like in some browsers we can't enable autoplay with sound "Likewise, Apple announced future policy changes for autoplay. It all boils down to creating a better experience for the average consumer. Based on a viewer's past behavior, browsers will decide whether or not autoplaying videos should begin playing with sound. Because autoplaying videos shouldn't startle your audience and shout at them""
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It works!!!
Many thanks for the course and help.
Keep it up Patrick!
Hi,
I've recently just finished the Excel Modelling and Financial Statment Modelling courses and I must say that they were quite informative and conveyed information every well: not difficult to follow at all.
I do have a few questions however.
Is there a specific order to complete the courses in?
Could we get an ETA on the M&A and DCF course release date if thats possible?
For the Valuation course,do we have to build our own comps analysis table in excel? There doesn't to be any resources for the course and I'm about 50% through it
Hi Joshua! Thanks for the kind words.
No specific order, however, I think Excel and FSM would definitely be the first two, followed by Valuation + DCF since those are the more fundamental modeling and valuation courses. LBO and M&A are a bit more advanced so I'd do those last if possible.
ETA on M&A and DCF ...I'd expect DCF+ M&A course to have videos in the LMS by end of August...That means final animations + post production work likely by mid/late Sept, but you should be able to dive in before end of August.
Valuation is up but we haven't announced it yet because there is still a lot of work going into it and the videos are still getting edited, coure materials still getting added, etc. No, you will not have to build your own -- specific to that, we'll make sure to get those course materials up by tomorrow EOD for the people that have started that one already.
Thanks, Patrick
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Fyi, course docs for valuation are now up!
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Thank you Patrick!
When do you think powerpoint will be available? Is it part of the elite package?
I'm happy with the courses so far. They teach the no mouse method, which is nice, and its easy to understand.
Keep up the good work,
A customer
Thanks for the kind words!
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I bought the course as well mainly because Patrick seems really kind & helpful in his emails.
Thanks for the trust, please let me know if we can improve the experience in any way!
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time to get a job at Multi National United
Bump
What would you like to know? 😁
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Update on the remaining courses since we are now in early September:
1. 95% of the M&A modeling course has been uploaded ...this will be finished this week so that students in a rush can dive right in. Final post-production work on the videos like animations, etc will be completed throughout the month
2. ~50% of the DCF modeling course has been uploaded for students... this will be finished by mid-Sept with final post-production work following the 2-3 weeks after that.
Once these final two courses of the Elite package are finished (ie post production done), they will also be available for individual sale.
We have some exciting announcements coming for the PE interview course as well as new courses getting announced soon, including a Venture Capital Course, a real estate modeling course and a PPT for finance course. We're super excited how these are turning out with the talented team of instructors we've put together.
Stay tuned!
Patrick
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Congrats on the release
Hi,
This looks excellent and I'm really tempted, I just have a couple of questions (apologies if these have already been addressed somewhere).
1 - How much explanation of the theory is given in the videos? I.e. is it assumed that people taking this course already have a solid understanding of accounting etc. or is there an explanation of the principles as the lessons go along?
2 - How long would you expect each of the 6 courses to take to complete approximately? I'm looking at doing this to fill the time since I deferred an exam from December to May but would probably only be looking to dedicate a few months to the modelling course before returning to my normal studies. Would it be realistic to complete the first 2 courses in this time then refer back to the remaining 4 in the future?
Thanks very much for any help and for putting out such useful content,
G
It is helpful if the student knows basic accounting, however, the financial statement modeling course still starts our very basic and gradually gets more complex as you link up the 3 statements. So while we would recommend at least doing a simple online course in accounting (we have that course coming out in 2021 but you can get one anywhere), it is not absolutely required to get through these courses and develop important modeling skills. What I will say is before diving into LBO and M&A, you should start off with Excel + Financial Statement Modeling and then go to Valuation + DCF and save M&A and LBO for last since they are the most advanced.
Yes, this is absolutely realistic. If you spend ~2 weeks dedicated and drilling doing ~30hrs per week you could not only get through the courses, but likely get through them in a lot of detail with drilling. Depending on your familiarity with the material, each course can take anywhere from 3hrs (if you are already familiar and are doing playback speed of 1.5x, for example) to up to ~15hrs if you are playing at normal speed, repeating/drilling exercises (which we recommend if you're not fast or need to listen to a lot of lessons 2 or 3 times). An estimate of the time for each for someone with a decent understanding going in but still relatively new to most of the concepts would be:
1. Excel - 10hrs (critical to develop the proper habits first)
2. FSM - 8hrs
3. Valuation - 12hrs
4. DCF - 8hrs
5. M&A - 5hrs
6. LBO - 10hrs
No problem, thanks for the questions!
Patrick
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Patrick congratulations on the release. Seriously, you and Tim did an absolutely fantastic job and the quality of content is excellent.
The M&A model needs work, but I am certain you and your team will provide a top-tier M&A course in the near future.
Way to go WSO team.
Exciting new bonus announcement for the Elite package....
On top of the...
We've released and packaged an additional 18 mini-courses that automatically get added to your Courses when you purchase the Elite package ($486 value alone)
On top of this, over the next few months you can also expect:
That being said...pricing is going to bump soon with all of these extra bonuses.
Any questions, fire away!
Patrick
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Is there any update on when the PowerPoint course will be released? I just pre-ordered!
looking like closer to year end...we've had some hiccups and I want to make sure it's awesome when it comes out. I'm hopeful for earlier but don't want to promise anything. As we get closer to recording lessons you'll see the course start to populate with the videos (hopefully that starts in ~4-6 weeks) with the final wrap up likely closer to the 8-12 week range.
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Got it, thanks! Excited to see how it turns out
Does anyone else see the same course three times?
All my courses are like this.
Thanks for this...put dev team back on. I think we thought we had solved that last week...back to top of priorities, stay tuned.
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It's fixed! Thanks
Hi Patrick! I was wondering if the financial modeling and dcf courses can be used in Europe? I have seen a comment about this but he specifically asked about lbo . Thank you!
Hi! Yes, the DCF and financial modeling courses can be used in Europe. The main benefit of the courses is not the currency the courses are taught in but the practice of modeling. There may be some purchase price accounting differences ( short file expaining some of the differences here ), but overall your job is less about accounting and more about Excel skills and being able to link up the 3 statements properly. Good luck! Patrick
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Thank you! Just a favor, kindly resend the file as the link does not work. Thanks again and excited to learn!
Hi, I just bought the elite package and I'm excited to finish it. However, the link you gave me does not work. Mind if you resend it? thanks!
Hi Patrick - I was told that the M&A course was in the process of being revised and/or redone...do you have any guidance on timing for that to be completed? Thank you!
Yes, likely by end of Q1 2021. Ideally, we can get to it in January but I don't want to over-promise on timing. Thanks
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Great, thank you.
We likewise have the WSO Foundations Package choice which is right now limited since PPT for Finance is as yet being developed.
It incorporates 1) Excel Modeling Course 2) Financial Statement Modeling and 3) PowerPoint for Finance...but in the event that you get that for $247 now and, at that point hang tight for the Valuation + DCF courses to be delivered, regardless of whether we make a more affordable group , when you add those it will without a doubt be more than the current bundle cost - as of now vigorously limited since 3 of the courses are in still cycle.
I can say regarding discharge plan, we're probably taking a gander at late June/early July on the Valuation, mid-late August on DCF , M&A and PPT.
Sorry, I don't understand what you are saying here?
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thank you for share it
Hibaly inc
What is driving a redo of the M&A course this quickly?
The model, presentation and material will be largely unchanged, so it's not a complete redo, but the instructor narrating the videos did not give sufficient context when walking through the model so I don't feel like it's up to the standard of our other courses. For this reason, we're going to get it re-recorded it with one of our top instructors that recorded our LBO modeling course and has gotten rave reviews. Stay tuned :-)
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It sound nice
Is there any timing update on when we can expect the revamped M&A course and the PPT course to be fully uploaded?
PowerPoint course videos are already getting uploaded to the LMS, expect all to be done end of Feb at the latest including editing of the videos, post production work, etc...along with that, the real estate modeling course just got some more modules and will likely get a new one every 3-4 weeks until it's fully done (likely in Q2). The Accounting Foundations course we also expect to start preselling soon with release in Q2 as well.
M&A course re-recording is still TBD... I'm still looking for someone to help with that but I'm being very picky so we deliver top quality so I'd prefer not to commit to timing on this (yet).
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Hi Patrick, congrats for launching new courses.
Will you bundle/offer the power point course together with the elite modeling package someday (of course with higher price)?
Will you also offer student rebate/coupon code for student for your self study progammes in the future?
Hey Patrick thanks for offering these new courses. I was wondering how the 1 year WSO database access will work if I already have access. Will it just add on to what I already have? Let says I have 6 months originally and then I purchase this. Will I have 18 months or will I just have 1 year. Thanks!
You can delay the 1-year access to the company database to whenever you want it (just shoot support an email)...so that means if you still have 6 months of access based on an annual sub to WSO Premium, you can ping support in 6 months and ask them to grant the year access starting then from the Elite modedling package purchase...so 18 months is the answer. Good question.
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I was also wondering if there would be a way to add the powerpoint course to the WSO Elite Modelling Package. Would there be any discounts?
[WallStreetOasis.com] Any course which has some mock/sample case studies for IB lateral interviews.
All of the interview courses (including the IB one) include access to the wso video library which has a lot of cases... Any type of case in particular you are looking for?
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Thanks!
Basically looking for some advanced practice case studies to prepare for interview rounds.
So, the WSO library would have them?
[WallStreetOasis.com] what order would you recommend to go through the courses?
I have the following below:
Accounting Foundations Course
Powerpoint for Finance Course
I'd go almost in the exact order you listed above, but I'd move DCF and Valuation above LBO and do them back to back. Good luck!
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UPDATES [March 2021]: The team has been hard at work and we have the following updates...
PACKAGE CHANGES : The WSO Foundations Package changed slightly. We replaced the Financial Statement Modeling Course ($197) with the Accounting Foundations Course ($97) so we also lowered that price by $50 to reflect a bundled discount. We felt like less overlap with the Elite modeling package made sense and Accounting truly is a foundational skill along with Excel and PPT, so it fit the package better.
ON DECK : An Advanced Accounting course is in the works, ETA July 2021
RELATED : Public Training Bootcamps are now LIVE (insanely discounted compared to what else is out there so they are selling out) and WSO is coming to a bank near you as we roll out more live corporate training. Interestedin helping your employees get more efficient? Book a Call
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Hi I was wondering if I could get an update on the Advanced Accounting course?
still in course dev, but I don't want to give an estimate on timing until we are closer... it may end up being a 2022 release
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As an upcoming undergraduate student, just finishing high school studies, what is the suitable order for me to take these courses?
I would like to take Accounting Foundation/PowerPoint first, then modeling package. Is this right?
Yes, I would do Excel, Accounting and PowerPoint first, followed by FSM, DCF , Valuation, LBO and M&A. (that is a good order in terms of establishing a strong foundation first)
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Is there any difference of the Accounting course between elite modeling package and foundation package?
The Accounting course is not in the Elite Modeling Package. The only overlap between the packages is the Excel modeling course (Which is the same across both). Elite modeling package includes: Excel, FSM, DCF , Valuation, LBO and M&A.
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Hi Patrick,
Loved the LBO course and now looking to do the M&A course, however, I've read above that you are getting it re-recorded.
Do you have any update on the proposed re-recording of this course, and can you confirm that for those of us that purchase the course prior to the re-recording, we will get access to the new M&A course when it is ready for no additional cost?
yeah, we're making a heavy push right now to find the right person, but my guess is it won't be re-recorded and edited until end of July 2021.
Yes, anyone who purchases it will get the updated videos when they come out at no additional charge -- they will just replace the current ones there.
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Hey Patrick, just wanted to see where you were on the M&A course update. I was reading that you were planning on re-recording that and wanted to know if you have an estimated date that you'll have it finished.
hi, good question. We are actually going for a full rebuild so it's taking us a bit longer but I'm super excited with how it's turning out. My estimate it is will be done sometime in November now. Thanks
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Awesome, thanks for replying. Looking forward to the rebuild! I've done the DCF /Fin statement modeling so far and they've been amazing.
M&A course update is complete! We are very proud of this iteration and I now think it is one of our best yet!
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Nice post, thanks for sharing...!!
Sounds like a very interesting course.
Hi. I'm matriculating into an MBA program this fall. I'm contemplating buying Elite package. Do you think this is helpful? I have no finance background and thinking of learning modelling by August. Thanks
If you are targeting IB or any career where financial modeling , valuation, etc is a big part of the job, then yes I think it would be helpful (especially with no finance background).
Good luck!
Patrick
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Is there a financial modelling course on Insurance companies? WSO does not reference it directly.
No, not at the time of this comment (March 2022)
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