Investment Banking &
Private Equity Fundamentals
If you’re ready to take your career to the next level – whether you’re already on the desk or preparing to break in – this curriculum delivers the technical skills top investment banks and private equity firms demand. From accounting and valuation to three-statement modeling, M&A, and LBOs, you’ll get the full deal toolkit used by professionals at the highest levels.
Unlike other programs, this isn’t outdated material from 20 years ago. As co-hosts of The Wall Street Skinny, a top 10 careers podcast, we bring in real-time insights from the industry’s top dealmakers and investors. Because Wall Street doesn’t stand still – and neither should your skill set.
Peek Inside the Self Study
No Powerpoint
17 hours of dynamic, visually engaging videos that will walk you through everything you need to know without your eyes glazing over.
The Basics...and Beyond
Build full-blown financial models in Excel, including a DCF, M&A and LBO model with cash flow waterfalls, multiple debt tranches, and free cash flow sweeps.
Hands-on Learning
Apply what you’ve learned along the way and practice your skills with knowledge checks and exercises, including: spreading actual comps, running analyses, and building models in Excel.
Finance x Pop Culture
Fun case study based on Waystar Royco from Succession, along with analyses of actual companies and deals using real filings, including Fox Corp and Disney’s acquisition of Twentieth Century Fox
Interview Prep
Build intuition and get reps in with a paper LBO that will help you crush a Investment Banking and Private Equity interview like an experienced practitioner.
Learn More with Your Besties
Access to additional video learning modules: “IPOs 101: The PE Exit” and “Private Equity vs. Hedge Funds” and more.
Part 1
Accounting Essentials
As Warren Buffet puts it: “Accounting” is the language of business; it is the foundation for all our topics that follow, like financial modeling, LBO analysis, and valuation. In this section we cover everything you must know to be weaponized to value companies and analyze deals.
25 hours of content
9 different models
Module 1
Accounting Introduction
Overview of what we will be covering in Part 1.
Module 2
Overview of Key Documents
We paint a picture of the two different situations you might find yourself in: working with and analyzing a private company or working with a public company, and we arm you with the information you will need in both situations.
Module 3
Public Company Documents
Get an overview of the 10K, 10Q, Earnings call transcripts, S1, S4, 8K and more.
Module 4
Navigating the 10K
When using a company’s filings like their 10K, you should absolutely not read starting from page 1 until the end. You should go in with a plan. In this video we dive into the strategy.
Module 5
Complications with Private Companies
Private companies present a unique set of challenges… namely they don’t always keep diligent records and the information is often just that… private. If however you are hired to advise on a private company you will have access to documents via a CIM and a data rooms… so what can you expect?
Module 6
Overview of the Financial Statements
The foundation to all banking analysis requires an understanding of these big three financial statements, the Income Statement, Cash Flow Statement and Balance Sheet. This video goes through how these three statements tie together in a diagram that will continue to pop up throughout the remainder of this course and into our financial modeling course.