Breaking Into Wall Street vs Wall Street Prep Comparison

Wall Street Prep vs Breaking into Wall Street

Job candidates are increasingly expected to have hands-on experience, whether or not they’ve interned or worked in the field. One of the best ways to get real-world experience without working in a firm is enrolling in a financial and valuation model training program. Breaking into Wall Street is one, and Wall Street Prep is another.

This short article does a side-by-side comparison between Breaking into Wall Street and Wall Street Prep to help you make an informed decision.

Admittedly, this article is written with a bias toward BIWS, however, we’ve focused on facts. Our aim is to make it easy for you to see the differences between the two programs and decide which one best fits your needs, learning style, and schedule.

See the comparison chart below and make sure to ‘hover over’ to get additional detail.

 
BIWS Logo
Wall Street Prep Logo
 

BIWS Premium

Premium Package

Price
$497
$499
Learning Platform
Online

Personalized interactive learning allows you to focus on exactly what YOU choose

Go at your own pace, work from any device

Includes multiple methods for studying and reviewing information, accommodating every learning style and student

Track your progress, monitor your improvement, build your confidence

Online

Personalized interactive learning allows you to focus on exactly what YOU choose

Go at your own pace, work from any device

Includes multiple methods for studying and reviewing information, accommodating every learning style and student

Track your progress, monitor your improvement, build your confidence

Teaching Format
Hands On Electronic

Interactive. Doesn’t use lectures that only teach rote memorization

Interactivity encourages deeper learning – real and permanent knowledge you ‘own’ and can demonstrate

You’ll be able to show what you know as opposed to regurgitating facts and being unable to answer in depth follow up questions posed by interviewers

Your knowledge and ability to demonstrate what you know is a by-product of interactive learning and is easily recognized and highly regarded by interviewers 


Online videos of classroom lectures

Interactive. Doesn’t use lectures that only teach rote memorization

Interactivity encourages deeper learning – real and permanent knowledge you ‘own’ and can demonstrate

You’ll be able to show what you know as opposed to regurgitating facts and being unable to answer in depth follow up questions posed by interviewers

Your knowledge and ability to demonstrate what you know is a by-product of interactive learning and is easily recognized and highly regarded by interviewers 


Over the Shoulder Walkthroughs
Step by Step step thumb

Interactive learning is a game changer

You’ll gain actual hands-on experience by creating models YOURSELF (not prepared for you that you have to study to decipher and understand)

You gain the confidence that can only come from deep understanding and actual practice


Lecture Format

Interactive learning is a game changer

You’ll gain actual hands-on experience by creating models YOURSELF (not prepared for you that you have to study to decipher and understand)

You gain the confidence that can only come from deep understanding and actual practice


Models and Templates
Written version of all course content in PDF format. Download or read on any device

Modeling templates using case studies of well-known companies and deals

You develop real-world working knowledge that deepens your understanding of the concepts you’re learning

Supporting documents detail the processes so there are no gaps in your knowledge or understanding

Physical Reference Manuals

Modeling templates using case studies of well-known companies and deals

You develop real-world working knowledge that deepens your understanding of the concepts you’re learning

Supporting documents detail the processes so there are no gaps in your knowledge or understanding

Interactive Tests and Quizzes
Quizzes to test your knowledge as you progress

Discover immediately whether you’ve fully grasped content and concepts or whether you need more time and focus on a particular area

Quizzes can be repeated as often as you choose

Self-pacing allows you to put your time and effort where it’s needed most

None

Discover immediately whether you’ve fully grasped content and concepts or whether you need more time and focus on a particular area

Quizzes can be repeated as often as you choose

Self-pacing allows you to put your time and effort where it’s needed most

Global Perspective
Case Studies on American, Australian, European and Asian Companies

The world is changing rapidly. The United States is no longer the dominant player on the financial stage

Investment bankers from every country are expected to understand the global marketplace

If your focus and future is on the U.S. alone, the knowledge you’ll gain from Wall St. Prep might be enough

75% of our customers recognize the importance of global perspective, right now and in the future

BIWS delivers global perspective and understanding

Case Studies based on American Companies

The world is changing rapidly. The United States is no longer the dominant player on the financial stage

Investment bankers from every country are expected to understand the global marketplace

If your focus and future is on the U.S. alone, the knowledge you’ll gain from Wall St. Prep might be enough

75% of our customers recognize the importance of global perspective, right now and in the future

BIWS delivers global perspective and understanding

BONUS Case Studies
20+ Hours video tutorials, stock pitch and investment recommendation templates

You gain a real world depth of understanding and practical knowledge

Interviewers look for, value and often, base their hiring decision on this exact knowledge

BIWS case studies are literally worth thousands of dollars

The advantage case studies give you is priceless and we’re proud to say, you only get them from BIWS

None

You gain a real world depth of understanding and practical knowledge

Interviewers look for, value and often, base their hiring decision on this exact knowledge

BIWS case studies are literally worth thousands of dollars

The advantage case studies give you is priceless and we’re proud to say, you only get them from BIWS

Reference Database
Extensive reference database of questions (answered by IB experts) and conversation threads with other students

You have access to our extensive and easy-to-search database of previously asked and answered questions

Students tell us this is an invaluable resource that in many cases is actually worth the price of the course itself

Comprehensive physical manuals that can be used as desk reference after program completion

You have access to our extensive and easy-to-search database of previously asked and answered questions

Students tell us this is an invaluable resource that in many cases is actually worth the price of the course itself

Access to the Course
Lifetime access to the course, including updates

The course becomes your permanent reference tool

Many of our students refer to the course over and over again – even once they’re hired

You’ll get lifetime updates – at NO charge, so you’ll always have the most current material and case studies we release

Access to course for 24 months

The course becomes your permanent reference tool

Many of our students refer to the course over and over again – even once they’re hired

You’ll get lifetime updates – at NO charge, so you’ll always have the most current material and case studies we release

Support
365 Day Email 365 day email

Support is personalized and speedy

Even your most complex questions get detailed and prompt answers specific to your needs and situation

You’ll never receive a canned answer and we won’t keep you waiting and wondering

Available 365 days/year at no extra charge

Email

Support is personalized and speedy

Even your most complex questions get detailed and prompt answers specific to your needs and situation

You’ll never receive a canned answer and we won’t keep you waiting and wondering

Available 365 days/year at no extra charge

Access to Former & Current Investment Bankers
Former & current investment banker tutors available 365 days via email no additional fee

Experts – retired and currently working in the field are available 365 days/year to answer your questions

Every single response comes from people who have personal experience working on deals at IB, PE and other finance firms

This ‘on demand access’ from mentors with deep experience in the field vastly accelerates your learning curve

Former & current investment banker tutors available for $199/hour

Experts – retired and currently working in the field are available 365 days/year to answer your questions

Every single response comes from people who have personal experience working on deals at IB, PE and other finance firms

This ‘on demand access’ from mentors with deep experience in the field vastly accelerates your learning curve

Industry Use
Used at Investment Banks to Train Analysts and Associates. Click here.
Yes
Educational Sector
Used at the following schools. 
Click here.
Yes
Excel Macros
NO

If having already built macros is critically important to you Wall St. Prep might be your best choice

We’ve built tremendous value into our self-paced learning that walks you through each step of the process so you learn to build macros yourself

You’ll have a deeper understanding and ‘own’ an essential skill

Boost Excel Add-In: The essential macro suite for power Excel users.

If having already built macros is critically important to you Wall St. Prep might be your best choice

We’ve built tremendous value into our self-paced learning that walks you through each step of the process so you learn to build macros yourself

You’ll have a deeper understanding and ‘own’ an essential skill

Certification
YES certificate

Once you complete the course, you’ll be eligible to take our certification quiz

Once passed, you’ll be issued a certificate of completion that you can add to your CV/resume and share with interviewers

Most interviewers will not only be familiar with our certification, but will be impressed with your commitment and credentials

YES

Once you complete the course, you’ll be eligible to take our certification quiz

Once passed, you’ll be issued a certificate of completion that you can add to your CV/resume and share with interviewers

Most interviewers will not only be familiar with our certification, but will be impressed with your commitment and credentials

Refund Policy and Guarantee
BIWS: 12 month full
refund, no questions
asked gurantee
Pro-rated refund up to first 30 days and 15% restocking fee

Let’s Take a Deeper Dive into Key Differences
Between Wall Street Prep and Breaking into Wall Street

First, there’s Theory vs. Practice

First, there’s Theory vs. Practice

It’s critical that you gain experience building actual models and working hands-on with data. Theoretical, formula-focusing learning is good in the classroom, but you don’t want to look like a ‘deer in the headlights’ when they ask you to pull out your laptop and demonstrate your knowledge during an interview.

Requiring conceptual explanations in interviews has become the norm and you can’t answer interview questions without understanding the concepts. A lot of candidates have been memorizing responses from interview guides and modeling courses... so interviewers are asking more and more questions related to the concepts rather than specific facts or formulas. In order to land your dream job, you need to…

Succeed in Your Interviews

Succeed in Your Interviews

You’ll fare much better in interviews if you’re able to crack open a real study you’ve built and discuss the pros and cons like an experienced professional. You retain concepts better when you understand them through experience. For just this reason, we’ve designed Breaking into Wall Street to be as hands-on for the student as possible. It might take a little more time and effort, but mastery wins the day (and often the job!).

And, since the global economy has shifted significantly in the last decade…

Global Perspective Matters

Global Perspective Matters

The world is changing rapidly. The United States is no longer the dominant player on the financial stage. Candidates who have a global perspective and have studied companies in Asia, Australia and Europe as well as American ones, will come out ahead. Bankers know where we’re headed and international knowledge demonstrates your competitive edge. Breaking into Wall Street focuses on key U.S. and foreign companies so your knowledge base is up-to-date and well rounded. Wall Street Prep is more focused on the U.S. alone.

Granted, Wall Street Prep offers in-person training and Breaking Into Wall Street. And while that may be important for some people, our sophisticated and comprehensive online platform is the exact right fit for many others.

Our Goal for Our Clients

Our Goal for Our Clients

At Breaking into Wall Street we want to give you hands-on experience, the kind of experience that impresses interviewers and leaves other candidates in the dust. Theory is one thing, practical application of that theory is what will not only sets you apart, but gives you the confidence that signals competence and preparedness.

For example, Wall Street Prep offers built-in Excel macros, which some people really appreciate. At Breaking into Wall Street, we provide step-by-step instructions for building macros as opposed to providing “before” and “after” Excel files for each lesson. We feel you learn more by doing. Not only do you build confidence, the learning ‘sticks.’

Wall Street Prep is primarily a classroom-based program and that method of education focuses heavily on theory as opposed to practice. Videos of classroom lectures are even one-step further removed.

At Breaking into Wall Street we realize the future is online and we’ve built a robust interactive platform that we believe educates students more thoroughly and comprehensively. Lifetime access to the course (including updates) allows you to use the course as a resource once you’re working in the field.

Breaking into Wall Street has more content than similar courses offered by any other company and while we believe Wall Street Prep offers good content, you get much more content and hands-on experience for your money – and your future - with Breaking into Wall Street.

The Extras

Yes we do over the shoulder training, and yes, we provide models. But what set’s our training apart is the bonus 8 case studies. These case studies ‘peal back the curtain’ and reveal the details behind deals that are well known in the industry.

When you can demonstrate your thorough and intimate understanding of the industry by referencing what you learned from these case studies; you’ll be recognized as an industry insider and stand out as candidate.

Theory is important, but when you can cite facts from actual deals that your interviewers recognize, they’ll sit up and take notice – guaranteed. You’ll also feel a confidence that comes from understanding the details intellectually, which is very different from memorizing facts and then looking like a ‘deer in the headlights’ when you’re asked to elaborate on them, or are asked for your opinion. In our estimation, the case studies, which are literally worth thousands of dollars, could well turn out to be your secret weapon in the job hunt.

You Also Get 8 Bonus Case Studies Based On
Real Valuations, Stock Pitches, and M&A and LBO Deals.A $650 Value - Yours Completely Free.

Many students and professionals learn most effectively with "real life" practice case studies. So we've made it even easier for you to practice to your heart's content with these 8 bonus case studies.

Picture this...

You step into the interview room at a top bank.

You’re feeling nervous, but also a little excited and confident of your knowledge.

The other candidates are good... some of them come from the top schools, they have perfect grades, and they have impressive work experience... but you have a secret weapon.

When the interviewer asks you about a deal you've followed or worked on, you respond without hesitating and quote facts and figures from Silver Lake's $24.0 billion leveraged buyout of Dell.

He asks you for your recommendation on the deal, and you whip out the 20-slide presentation we give you in the course (with your own tweaks included) and you walk him through each slide in detail.

Then you show him a printout of your entire model and offer to walk him through the revenue and expense projections, how you used channel checks to inform the numbers, and even why the mainstream thinking about the company was wrong.

The interviewer is stunned and thinks to himself...

“It’s like this guy/girl has been working in the industry for years!”

...and then he tells all your other interviewers that you're an easy "Yes" decision.

Nice one! And here’s how you can get to that level of mastery – with these bonus case studies included in the BIWS Premium program.

These case studies represent an additional 10 hours of video in total - equivalent to another entire course.

Each case study comes with full transcripts, Excel files, slides/Word documents and comprehensive model answers.

Here are the 7 case studies that ALL members receive:

Major Bonus

Case Study #8 is an In-Depth Analysis of
Silver Lake's $24.0 Billion Leveraged Buyout of Dell
(Covers Revenue and Expense Projections, an Advanced
LBO Model, and Post-Buyout Acquisitions)
(Worth $250)

It’s not an exaggeration to say this is really an entire new course. You get:

In fact, this case study alone delivers more value and instruction than what you would get in a $5,000 in-person seminar. We can do that here because there simply isn't enough time to teach all these concepts, even in a week-long seminar - especially when you spend half your time waiting for other people in class to catch up, or waiting on them while they figure out how to use Excel.

If it’s not clear by now, my mission and goal is to totally OVER-deliver and blow you away with value. I could legitimately charge more for just the bonuses than the asking price of the entire course.

But instead, I would rather give away the bonuses for free so that this course delivers even more value than anything else out there - and so that you get even more chances to practice everything you'll learn in the lessons.

As a Member, you will also get FREE access to new bonus case studies as we add them in future.


Compare Wall Street Prep Vs. Breaking into Wall Street for Yourself

Why not sample the two courses and see which suits you better – the interactive, built for online self-study course with more content and lifetime access for reference – (and by the way, you can also view BIWS quizzes before buying to see how you will gauge and track your progress)…

Or, the course that focuses on live learning (which may be right for you) and whose online presence consists primarily of video recordings of their classroom training.

Below is just a small selection of schools and firms where individual students and professionals currently use our courses (Note: In some cases, groups or classes at the organizations below have signed up for official group licenses; in other cases, individuals at these organizations have signed up on their own.):

A partial list of schools where BIWS courses are in use…

  • Amherst College
  • Barnard College
  • Baruch College
  • Bentley University
  • Birmingham - Southern College
  • Boston College
  • Brown University
  • California Polytechnic State University
  • Canisius College
  • Carleton College
  • Carnegie Mellon University
  • Claremont McKenna College
  • Colgate University
  • College of St. Scholastica
  • Columbia Business School
  • Concordia College
  • Cooper Union
  • Cornell University
  • Cranfield University
  • Dalhousie University
  • Dartmouth College
  • Drexel University
  • Duke University
  • Emory University - Goizueta
  • Business School
  • Fordham University
  • George Mason University
  • George Washington University
  • Georgetown University
  • Georgetown University - McDonough
  • School of Business
  • Ghent University - Vlerick Leuven
  • Gent Management School
  • Hampden-Sydney College
  • Harvard Business School
  • Harvard University
  • Imperial College London
  • Indiana University - Kelley School
  • of Business
  • Johns Hopkins University
  • Lehigh University
  • London Business School
  • London School of Economics
  • Marquette University
  • Massachusetts Institute of Technology
  • McMaster University
  • Michigan State University
  • MIT - Sloan School of Management
  • Monash University
  • Mount Holyoke College
  • North-West University (South Africa)
  • Northwestern University - Kellogg
  • School of Management
  • NYU Stern School of Business
  • Ohio State University
  • Pennsylvania State University
  • Princeton University
  • Queen's University
  • Regis University
  • Rice University
  • Ryerson University
  • Sewanee, The University
  • of the South
  • Southern Methodist University
  • Stanford University
  • Stockholm School of Economics
  • Syracuse University
  • Texas State University - San Marcos
  • The College of New Jersey
  • Tulane University
  • UCLA - Anderson School
  • of Management
  • University of Alberta
  • University of Arizona
  • University of California, Berkeley
  • University of California, Berkeley -
  • Haas School of Business
  • University of California, Irvine
  • University of California, Los Angeles
  • University of California, Santa Barbara
  • University of Cambridge
  • University of Chicago - Booth
  • Business School
  • University of Colorado at Boulder
  • University of Connecticut
  • University of Delaware
  • University of Denver
  • University of Edinburgh
  • University of Exeter
  • University of Florida
  • University of Georgia
  • University of Illinois at
  • Urbana-Champaign
  • University of Iowa
  • University of Lethbridge
  • University of Michigan
  • University of Minnesota, Twin Cities
  • University of Nebraska - Lincoln
  • University of New Hampshire
  • University of North Carolina at
  • Chapel Hill
  • University of Notre Dame
  • University of Pennsylvania
  • University of Pennsylvania -
  • The Wharton School
  • University of Pittsburgh
  • University of Richmond
  • University of South Carolina
  • University of South Florida
  • University of Southern California
  • University of Technology, Sydney
  • University of Tennessee, Knoxville
  • University of Texas - McCombs
  • School of Business
  • University of Texas at Austin
  • University of Texas at Dallas
  • University of Toronto - Rotman
  • School of Management
  • University of Tulsa
  • University of Virginia
  • University of Western Ontario
  • University of Western Ontario -
  • Richard Ivey School of Business
  • University of Wisconsin - Madison
  • Vanderbilt University
  • Villanova University
  • Virginia Tech
  • Washington University in St. Louis
  • WHU - Otto Beisheim School
  • of Management
  • Williams College
  • Wofford College
  • Yale University
  • York University
  • York University - Schulich
  • School of Business

A partial list of firms where BIWS courses are in use...

  • Accenture
  • Alpine Investors
  • Anders Nyman
  • Arkas Corporate Finance Advisory
  • Arqaam Capital
  • Avondale Partners
  • Bank of America Merrill Lynch
  • Barclays Capital
  • BlackRock
  • Blue Sky Group
  • BNY Mellon
  • Boone Opportunity Lenders
  • Capital Partners
  • Cardinal Capital Management
  • Carlisle Development Group
  • Carpenter Hawke & Co.
  • Century Management
  • CIT Group
  • Citigroup
  • Credit Suisse
  • Energy Invest Group
  • Energy Transfer
  • FTI Consulting
  • GenNx360 Capital Partners
  • Global eProcure
  • Gold Key Realty
  • Grisons Peak Merchant Banking
  • Harris Williams & Co.
  • HDFC Bank
  • HSBC
  • ICE Canyon
  • IHG Capital
  • Jadwa Investment
  • Koru Technologies
  • KPMG
  • La Financière Patrimoniale
  • d'Investissement
  • Lazard
  • Lloyds TSB
  • M&T Bank
  • Mirae Asset Global
  • Investments Group
  • Morgan Stanley
  • New Island Capital
  • Pilgrim Bank
  • Pricewaterhouse Coopers
  • Princess Three
  • QBE Insurance Group
  • Quantek Asset Management
  • Raymond James
  • Reaud Capital
  • Regent Natural Resources Co.
  • Royal Dutch Shell
  • Schroder Investment Management
  • Sindicatum Sustainable Resources
  • Société Générale
  • Somerset Capital Management
  • TD Bank
  • Tesoro Corporation
  • Value Advisors
  • Vector 9 Strategies
  • World Fuel Services

Why not Judge for yourself and try it for FREE?

  • Receive a Free, 3-Part Tutorial on How to Build Your First Merger Model, based on the $16B United / Goodrich deal.
  • Receive another Free, 3-Part Tutorial on Advanced Merger Model Additions based on the same $16B M&A deal.
  • See how 3 of our students (at the undergraduate, MBA, and working professional levels) won 6 IB and PE offers with limited finance experience.
  • Plus, you'll get several bonus modeling tutorials - you have to sign up first to get the details on those!

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