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Introduction to Equity Research Modeling & Analysis – Wall Street Prep

November 10, 2020 | 1:00 PM - 5:00 PM

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Cvent Transition Guide

Presented by Wall Street Prep and led by former private equity professionals, this advanced 1 day virtual seminar takes a deep dive into the PE deal process and the day-to-day responsibilities of a PE professional.

What You’ll Learn

Learn how research professionals approach earnings releases and quarterly model updates, how they formulate the investment thesis, what adjustments they make to normalize financial metrics to arrive at adjusted EBITDA, and best practices when working with quarterly models. This is an abbreviated version of the training used to onboard sell side research associates at bulge bracket investment banks.

This power session is NOT AN ACADEMIC EXERCISE: It is taught by Experienced Sell-Side Professionals who explain how it’s done on the job.

CFANY.org: $319.20
Standard Rate: $399


This virtual session goes from 9am-5pm EST


The boot camp focuses on the private equity deal process. Participants will learn about the PE roles and responsibilities throughout each phase of a deal, from the review of teasers and first round bids, to the due diligence process, the LOI phase, and progressing all the way to deal closing.

View Full Syllabus


This boot camp assumes proficiency in Excel. Enrollment includes access to our popular Excel Crash Course for those who need an Excel refresher.


Enrollment includes lifetime access to the following online course(s): Financial Statement Modeling, LBO Modeling

Additional Details

Who is this boot camp for?

  • Sell-side analysts and associates
  • Buy-side analysts and associates
  • MBA students and business undergraduates
  • Anyone looking to get a better understanding of research

Boot Camp Details

Led by experienced sell-side professionals, this boot camp is an introduction on how equity research professionals use financial models to provide research & insights in order to drive investment decisions. Specifically, trainees will learn how ER professionals use earnings releases and quarterly model updates, how they formulate investment theses, adjustments made to normalize financial metrics to arrive at adjusted EBITDA, and modeling best practices.

What You’ll Learn

  • Understand various factors that make up investment thesis.
  • Learn how to approach earnings releases and quarterly model updates.
  • Gain practice in analyzing earnings reports and normalizing them to arrive at adjusted EBITDA.
  • Learn how to adjust quarterly models and “wrap” quarterly into annual forecasts while handling reconciliation challenges.
  • Research considerations
    • Types of reports research professionals develop
    • Typical research workflow around earnings releases and quarterly model updates
  • Research process
    • Formulating of investment thesis
    • Developing research best practices
  • Analysis of earnings reports
    • Moving from extraction of key financial metrics to the normalization of financial metrics and adjusted EBITDA
  • Quarterly model considerations
    • Adjustments to quarterly models
    • “Wrapping” quarterly into annual forecasts and handling reconciliation challenges

This virtual training session is scheduled for 1-5p (ET). The session will use interactive exercises as learners move back and forth between classroom lecture and small group breakout rooms.

Comprehensive training materials, reusable modifiable Excel model templates, unlimited e-mail support for content-related questions for 12 months post-seminar.