“Here’s How to Master Accounting, Valuation, and Financial Modeling So You Can Dominate Your Investment Banking Interviews and Succeed On The Job”
Introducing the course that members are calling ‘Deal Experience in a Box’… The Breaking Into Wall StreetFinancial Modeling Mastery Course is so close to the “real thing” it’s uncanny.
No other investment banking or financial modeling course on the market today – at ANY price – arms you with the same conceptual and practical expertise.
You’ll quickly gain ‘virtual deal experience’ with 10+ comprehensive, real-life investment banking, private equity, and hedge fund case studies from around the globe so you can beat out other candidates in interviews and rapidly move up the ladder.
Ensure Your Competitive Edge in Today's Market. Get dozens of video tutorials, notes for each lesson, transcripts, and 15+ in-depth, practical case studies from around the globe. Achieve the deep conceptual understanding that bankers are looking for, but rarely find - and discover how to use financial modeling to outperform your peers on the job.
Dominate Your Interviews. The Financial Modeling Mastery lessons take you from A to Z in accounting, valuation, and financial modeling - and you'll get to test your knowledge by completing practice exercises and written case study questions at the end of each module.
Prepare for IB, PE, and HF Case Studies. Everything in the course is based on case studies of real companies – including firms in North America, Europe, Asia, and Australia - to ensure you gain a truly global perspective. You’ll know exactly what interviewers are looking for in case studies, and you'll learn how to set up your models and answer questions successfully.
Learn by Watching with Video-Based Training. Video learning is more engaging, and there’s no substitute for watching over the shoulder of an IB veteran as they work through real-world Excel models. But it’s also helpful to have the written version, so you'll get notes in the Excel files for each lesson, along with detailed written guides and the full, word-for-word transcripts.
Learn Accounting, Valuation, and Merger and LBO Models. These are the fundamental skills you'll need in investment banking, private equity, and hedge funds - and you'll be ahead of the game by mastering them before you start working.
Complete Practice Exercises. You'll get "Before" and "After" Excel files for each lesson - follow along with the lesson, complete the exercises, and then check your answers afterward. You can use these exercises to learn, measure your progress, and review the material quickly whenever you need it.
Test Yourself with Quiz Questions. Hundreds of quiz questions test your knowledge, guarantee your engagement, and support quicker mastery of the concepts. You'll also get full answer keys and explanations for all these practice questions.
Track Your Progress and Take Notes. You can check off each lesson as you move through the material and take notes throughout. It’s easy to return and refresh your knowledge whenever you need to do so. Plus, you can create Playlists of the key lessons you need to watch and review.
Get All Your Questions Answered. You get world-class support - experienced bankers will answer your questions, comments, and emails 365 days per year, for a full 24 months after purchase (Yes, even if you get a case study and you have questions on Christmas Day or New Year's).
Course Certifications. After completing the course, you'll be eligible to take our Certification Quiz. Once you pass the quiz, you’ll receive a Certificate that you can add to your resume/CV and refer to in interviews as evidence of your knowledge and skill set.
What You Get – And What the BIWS Financial Modeling Mastery Course Will Do for You...
When you’re interviewing for internships and full-time positions at investment banks, you’ll always get a few questions over and over…
How much do you know about accounting?
Can you walk me through a valuation?
What happens in a merger model or LBO model when you adjust the assumptions…
How would you describe your financial modeling skills?
When you master real-world techniques and case studies, you have a significantly better chance of landing prime jobs and internships with the top investment banks, private equity firms, and hedge funds.
The Financial Modeling Mastery course helps you gain all that real-world knowledge via video-based training created by investment bankers.
You’ll get a total of 308 videos – everything you need to beat the competition in interviews and get a head start before you start working. You’ll also get detailed written guides and word-for-word transcripts to make it easier to scan and review the topics.
MUCH MORE THAN THEORY
We base everything in the Financial Modeling Mastery course on what investment bankers and other finance professionals actually do in real life:
To gain the proper background, you’ll start by learning key accounting and finance concepts with examples based on real companies, such as Target and Best Buy; you’ll learn how the financial statements link together and how you can analyze them with key metrics and ratios.
Then, you’ll move into the “global case studies,” which include companies such as Toro (U.S.), Atlassian (Australia), EasyJet (U.K.), Vivendi (France), Steel Dynamics (U.S.), Jazz Pharmaceuticals (U.S.), Builders FirstSource / BMC Stock Holdings (U.S.), SunPower / Maxeon (U.S. and Singapore), Fortum / Uniper (Finland and Germany), NichiiGakkan (Japan), Great Canadian Gaming Corporation (Canada), Viridor (U.K.), Cars.com (U.S.), Kakao / Daum (Korea), and Netflix (U.S.).
In each case study, you’ll analyze a company or deal, build a model, and then make an investment recommendation or recommend the proper price and deal structure – and you’ll answer written questions about each one. This is the type of work you do all day in investment banking, private equity, and hedge funds.
Through these case studies, you’ll discover how to:
Build 3-statement projection models and answer accounting questions in interviews.
Understand Equity Value and Enterprise Value at a deep level – way beyond whatever the paid monkey army on Investopedia or Wikipedia says about these concepts!
Value a company – including how to find public comps and precedent transaction, how to build a DCF model, and how to use the valuation output in a stock pitch, a pitch book, and an equity research report.
Create merger models – including how to combine and adjust the financial statements, evaluate accretion/dilution
and other metrics, and how to use the model to advise clients on their best options.
Build LBO models, from the transaction assumptions to the debt schedules, financial projections, cash flows, and calculations of the IRR and money-on-money multiples – and the investment recommendation at the end.
The information you’ll find is so detailed and so thorough that our customers regularly come from top-ranked universities, investment banks, and business schools.
Once you’ve completed the training, here’s what you’ll be able to write on your resume or CV:
Financial Modeling Mastery (BIWS)
Completed modeling tutorials based on case studies of companies and deals in North America, Europe, Asia, and Australia
Built 3-statement projection model for EasyJet (U.K.) based on airline’s key drivers for revenue, expenses, and cash flows; concluded that company could not use 100% Debt for future financing needs and would have to use 50% Equity and 50% Debt instead
Valued Jazz Pharmaceuticals (U.S.) based on drug-by-drug financial projections and Public Comps, Precedent Transactions, and 10-year DCF analysis; concluded that company was overvalued by 50-70% and made Short recommendation
Completed LBO model for Bain Capital’s $1 billion USD leveraged buyout of NichiiGakkan (Japan); recommended deal due to high chance of 30%+ IRR even in downside cases due to acquisition at historically low EBITDA multiple
Received Course Certification by passing end-of-course quiz with score of at least 90%
Gain Official Recognition of Your Training With BIWS Certifications
After completing the course materials, you’ll be eligible to take our challenging Certification Quiz. Once you earn a score of at least 90%, you’ll be issued a personalized Certificate of Achievement with your name, the course name, and the date you passed the quiz:
Your Certificate of Achievement can be added to your resume/CV and/or presented in interviews to set yourself apart from other candidates.
We also make sure employers know how challenging the certification process is: Your certificate will contain a link where prospective employers can review what’s on our exams and what you must master to receive certification.
Unlike other training companies that “issue certifications,” our process is completely transparent: you can point to the exact questions you had to answer to pass the quiz and become certified.
Take a Look at What You’ll Get Immediately After Signing Up...
Module 1: Modeling Overview and Core Concepts In this introductory module, you’ll learn what "financial modeling" means, how you use it in real life, and the core concepts required to understand the rest of this course, including the time value of money, Present Value and Net Present Value, the Discount Rate, and the Internal Rate of Return (IRR).
Module 2: Accounting Concepts, the Financial Statements, and Interview Questions We’ll explore accounting from a business perspective, and we’ll drill down using examples of our online business to teach you how and why the financial statements work the way they do. You'll also learn how to answer common interview questions, including both single-step and multi-step scenarios, and how more advanced items, such as Operating Leases, Net Operating Losses, and Deferred Taxes, work.
Module 3: More Advanced Accounting You'll learn about the Book Value, Face Value, and Market Value of Debt here, as well as Issuance Fees and Original Issue Discount (OID); other topics include Equity Investments and Noncontrolling Interests, the tax treatment of Stock-Based Compensation, Unrealized Gains and Losses, FIFO vs. LIFO for Inventory, and Pension Accounting for defined-benefit pension plans.
Module 4: Projecting the 3 Statements (Toro and Atlassian) In this module, you’ll complete 60-minute and 2-hour case studies based on 3-statement projection models for Toro, a landscape maintenance equipment company, and Atlassian, a subscription-based enterprise software company, and you'll make investment recommendations based on the output of both exercises.
Module 5: More Advanced 3-Statement Projections (EasyJet) In this module, you’ll complete a 3-hour 3-statement modeling test for EasyJet, a low-cost carrier based in the U.K., with routes all over Europe. You will then use the output of this model to advise the company on its proper mix of Debt and Equity. You will build revenue and expense projections based on drivers such as ASKs, Load Factors, and Passenger Yields, and you'll add a Debt & Equity Schedule to the model to support the company's financing needs.
Module 6: Equity Value, Enterprise Value, and Multiples (Target, Vivendi, and Zendesk) In this module, you’ll learn how to calculate Equity Value, Enterprise Value, and Valuation Multiples for companies that follow U.S. GAAP and IFRS, as well as the core concepts everything - including how items like Equity Investments, Noncontrolling Interests, Pensions, Leases, and Net Operating Losses factor into the calculations.
Module 7: Valuation and DCF Case Study (Steel Dynamics) In this module, you’ll complete a 2-hour valuation and DCF case study based on Steel Dynamics, a leading steel manufacturing company in the U.S., and you'll learn how to project Free Cash Flow, calculate the Discount Rate, estimate Terminal Value, and use Public Comps and Precedent Transactions.
Module 8: More Advanced Valuation and DCF Case Study (Jazz Pharmaceuticals) In this module, you’ll complete a 1-week “take home” valuation and DCF case study based on Jazz Pharmaceuticals, a specialty pharmaceutical company based in the U.S. that develops orphan drugs. You'll project revenue for its existing and pipeline drugs, add stub periods and the mid-year convention to the DCF, and complete Public Comps and Precedent Transactions using corporate filings.
Module 9: Valuation Interpretation and Real-Life Usage (Jazz Pharmaceuticals) In this module, you’ll learn how to apply and interpret a valuation in real life by creating a short stock pitch (for hedge fund and asset management roles), equity research report, and investment banking pitch book for Jazz Pharmaceuticals based on the valuation and DCF analysis from the previous module.
Module 10: M&A Concepts and Full Merger Model (Builders FirstSource and BMC Stock Holdings) In this case study, you’ll analyze Builders FirstSource's $2.5 billion acquisition of BMC Stock Holdings and complete both 60-minute and 3-hour versions of the model. You'll also learn about fundamental M&A concepts in the first few lessons, such as deal types, payment methods, public vs. private company assumptions, and Equity Value and Enterprise Value in M&A. The last few lessons of the more advanced case study cover M&A valuation, contribution analysis, and value creation analysis.
Module 11: More Advanced Merger Models (Multiple Case Studies) You'll complete a more advanced version of the Builders FirstSource / BMC model here, including quarterly projections and stock vs. asset vs. 338(h)(10) treatment, and you'll complete additional case studies on SunPower's spinoff of Maxeon and a Sum-of-the-Parts valuation for the deal and Fortum's acquisition of a majority stake in Uniper (including variable close dates and stub-period financial statements). Each case study includes a presentation or questions and answers at the end.
Module 12: Leveraged Buyouts and LBO Models (Multiple Case Studies) You'll complete multiple case studies in this module, ranging from a simple LBO model to a paper LBO model to 60-minute, 90-minute, and 3-hour modeling tests based on a variety of companies and deals (including a private company in Germany, Bain's leveraged buyout of nursing-home operator NichiiGakkan in Japan, and Apollo's buyout of the Great Canadian Gaming Corporation). You'll learn how to build models quickly and efficiently, answer case study questions, and complete modeling tests starting from scratch and starting from templates.
Module 13: More Advanced LBO Models (Viridor and Cars.com) You will build a more advanced LBO model based on KKR's buyout of Viridor (divestiture from Pennon Group) in the U.K., with features such as stub periods, a dividend recap, and management earn-outs; you'll also make investment recommendations to both the equity investors and the lenders. The second case study is an open-ended "take home" one based on Cars.com, in which you complete industry research, build your own model, and make an investment recommendation at the end.
Module 14: Private Companies, IPOs, and Reverse Mergers (Kakao / Daum) In this case study, you will learn all about private company valuation and financial modeling via Kakao’s reverse merger with Daum Communications (two Internet/mobile companies in South Korea). You'll learn how to make adjustments for private companies, how to model an initial public offering (IPO), and how to advise the company on a reverse merger vs. traditional M&A deal vs. IPO.
Module 15: Debt, Equity & Convertibles (Netflix) In this case study, you'll advise Netflix on the best way to secure the $1.5 billion it needs to fund its international expansion efforts. You'll build a 3-statement model for the company with multiple scenarios, analyze its credit stats and ratios and covenants, and analyze bond yields, duration, convexity, call and put options, make-whole calls, refinancing options, and more. You'll also value a possible convertible bond, analyze its payoff profile and dilution, create a follow-on equity proceeds analysis, and draft a credit memo and longer advisory presentation for the company.
Our Customers Love Breaking Into Wall Street
At last count, over 48,569+ students, entry-level professionals and career changers have used Breaking Into Wall Street to master financial modeling, win interviews, and break into high-paying jobs in investment banking, private equity, hedge funds, equity research, and more.
Take a look at what some of them have to say (these are actual unedited email screenshots… a few details have been blacked out to protect customers’ privacy.)
“Great news, I just got a full-time offer in IB J.P. Morgan in London!! Your courses have been absolutely key in achieving this.”
“I used your course to build up my financial skills and then wrote my own research and finanical model on Ryanair. I sent this off to a VC, who hired me soon after. I was then transferred to a hedge fund, where I find myself working now - applying the skills you have taught me.”
“I purchased the Financial Modeling and Bank Modeling coursework, and was blown away at the depth of the material. In particular, the accounting material helped me the most. Especially since it was all brought into the context of M&A, as opposed to an Accounting 101 class.”
“I moved from being a tax accountant/lawyer with a Big4 accounting firm to now working in the investments team of a PE fund. This would not have been possible without the core grounding I got from your practical courses in financial modeling.”
“I worked in this role for a little over a year and I was recently offered a position at a PE firm in NYC. I had modeling tests and case studies that I passed with ease because [of] everything that I had done in my down time with BIWS, especially the merger/LBO tutorials.”
“I managed to get a Leveraged Finance internship offer at BNP Paribas thanks to your Excel & Fundamentals course.”
“Three months later, I'm an extremely happy chappy!”
“Your method of training and how focused you are on the necessary techniques to be productive in the office is what makes these courses genuine and unique, and is precisely what I need.”
“I just landed a job in a private equity fund, and I could not have done it without this course.”
“To make up for my lack of financial work experience I listed Modeling Fundamentals on my resume as I was doing it, with a few highlights of case studies completed. So far it has piqued [the] interest of Lazard in Paris, HSBC in London, among others.”
Our Interactive Learning Portal Is Your Roadmap to Fast Understanding and Quick Answers from Our Expert Support Team
Here's a sample video from the Financial Modeling Mastery course so you can see for yourself exactly what you'll get:
Plus Expert Support From Current And Former Investment Bankers
Just moments after you enroll, you’ll receive Instant Access to the entire course.
But that’s not the best part.
The best part is expert support, for a full 24 months after purchase!
If there’s anything at all you don’t understand, just go to the “Question/Comment” area below each and every lesson, and ask your question there.
These comments are monitored and responded to by our expert support team – every one of whom has personal experience working on deals at investment banks, private equity firms, and other finance firms.
That ensures that you’ll get responses from people with deep experience in the field – not a clueless high school temp clutching the “Help Desk” manual.
This personalized, expert support is one of the things that sets Breaking Into Wall Street apart and gets you to your goals more quickly.
You can often learn just as much from reading other customers’ questions and our responses, as you will from the lessons themselves!
Our 1-on-1 coaching rate is $200+ per hour. But when you invest in the BIWS Financial Modeling Mastery Course, personal support is included for FREE.
NOTE: There are some limitations to these support services. For example, we cannot complete models, case studies, or homework assignments for you.
We also cannot provide play-by-play support with an earpiece during interviews.
We’re happy to answer career-related, qualitative, and technical questions that are related to the course materials.
And when the strategies and techniques you learn in the Financial Modeling Mastery course help you land an internship or a six-figure full-time job at an investment bank, you’ll recoup the investment within your first day in the office.
Our 90-Day, No-Questions-Asked, Money-Back Guarantee Means You Take No Risk
Take 90 days to evaluate everything inside the program, and if you’re not 100% satisfied, simply contact us via the ‘Contact’ link displayed on every page of our website and ask for your money back. We’ll refund your investment, no questions asked.
There is absolutely no risk to you at all, and there never will be.
Here’s What Will Happen Within Minutes Of You Signing Up
Once you sign up, you’ll immediately have access to the 308 instructional videos, the detailed written guides, the complete transcripts, all the Excel files, and the complete curriculum. And you’ll have access to our expert support team to ask whatever questions you need, for a full 24 months after purchase.
A Simple Choice...
You can hope that an investment bank hires you without accounting, valuation, and financial modeling skills… good luck to you there…
Or you can confidently tell banks you’ve invested in dozens of hours of financial modeling training based on 15+ global case studies authored by investment bankers who have worked on dozens of deals.
P.S. If you are seeking to gain an edge in your interviews, during your summer internship, or even during your first few years in IB, PE, or hedge funds, this course will give you that edge.
It will give you everything you need to master the accounting, valuation, and financial modeling required on the job without spending 3 years as an Analyst or Associate first. Nothing beats real deal experience, but this course is the next best thing. Enroll now, and you’ll have access to everything in just a few short minutes.
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