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Wall Street Prep (WSP) vs. Corporate Finance Institute (CFI)

Comprehensive Comparison of Wall Street Prep (WSP) vs. Corporate Finance Institute (CFI)

Wall Street Prep vs. Corporate Finance Institute (CFI)

Wall Street Prep (WSP) pioneered the Financial and Valuation Modeling Self-Study Program in 2003 for students and professionals pursuing careers in finance.

WSP’s program is now used widely at the world’s top investment banks, private equity firms, asset managers, and MBA programs.

Since 2003 several other companies have emerged to offer similar programs, including the Corporate Finance Institute (CFI) in 2015.

While WSP and CFI offer multiple products, both have a version of a “complete” flagship product which includes what typically represents the “core” investment banking financial modeling skill set.

In this article, I will try to lay out some differences and similarities between the programs and explain why Wall Street Prep remains the best choice.

Wall Street Prep vs. CFI: Full Comparison of Course Offerings

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Product Premium Package FMVA
Price
  • $499 for Lifetime Access (Including Course Updates)
  • $497 for 1 Year Access (Subscription-Basis)
Training Materials
  • Videos + PDFs + Excel Templates
  • Videos + PDFs + Excel Templates
Course Access
  • Lifetime
  • 1 Year (Recurring Billing)
Primary Content Author
  • Matan Feldman
  • Founder @ Wall Street Prep (est, 2003).
  • One of Wall Street’s most sought-after trainers.
  • Tim Vipond
  • Founder @ Corporate Finance Institute (ext. 2017).
  • Does not train in person to our knowledge.
Used by investment banks to formally train analysts and associates?
  • Yes
  • No
Program Structure
  • 46 Courses (7 core + 40 bonus mini courses)
  • Last Major Update:
    2024
  • 24 Courses (9 core + 14 bonus courses)
  • Last Major Update: 2019
Can You Download Lessons?
  • Yes
  • No
Other Benefits
  • 1-Month Access to PitchBook
  • “Meet Your Instructor” Kickoff Class
  • 6-Months Access to PitchBook
Support
  • E-mail & Phone
  • Email & Phone
Years in Business
  • Since 2003
  • Since 2015
Certificate
  • Yes
  • Yes
Qualifies for CPE Credit
  • Yes
  • Yes

Wall Street Prep vs. CFI: Course Quality Comparison

You’ll be learning directly from Matan Feldman, one of Wall Street’s most sought-after trainers of new analysts and associates.

Given the considerations stated above, Wall Street Prep’s program provides the highest quality training out there.

Wall Street Prep invests substantial resources, time, and energy to ensure that materials reflect current best practices and are taught in a way that is intuitive.

The training structure abides by a clear, step-by-step approach where trainees build models essentially from scratch, starting from a blank Excel spreadsheet and working sequentially through a model.

Step-by-Step Online Course

Everything You Need To Master Financial Modeling

Enroll in The Premium Package: Learn Financial Statement Modeling, DCF, M&A, LBO and Comps. The same training program used at top investment banks.

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WSP vs. CFI: Illustrative Course Samples

When considering which financial modeling program to enroll in, factors such as price, support, content format and access to a macro toolkit are all important. But perhaps the most critical factor of all is the quality of the content – a financial modeling program is useless if it does not teach the material effectively.

There’s no better way to determine which approach works best for you than to sample the programs.

Below we’ve provided some sample videos that will allow you to compare WSP’s vs. CFI’s teaching approach, the level of complexity of the model (is this a real-life model?) and how concepts are covered. (CFI does not offer samples without email registration).

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  • CFI does not offer samples without email registration.

Which Program Do Investment Banks Use to Train their Analysts and Associates?

Investment banks, private equity firms, and top business school programs hire Wall Street Prep to conduct analyst and associate training in-house.

This enables our instructors (all former investment bankers who are also involved in the development and refinement of the self-study program) to receive continuous feedback about materials and integrate the latest best practices into the training material.

In closing, we’ve listed out a partial list of Wall Street Prep (WSP) clients compared to that of Corporate Finance Institute (CFI).

Ultimately, the decision is yours: Wall Street Prep (WSP), the industry-recognized, global training provider with 200+ corporate clients, 125+ university clients, and 300k+ paying customers — or Corporate Finance Institute (CFI).

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  • Investment Banks: Goldman Sachs, RBC, J.P. Morgan, Lazard, Guggenheim, Centerview Partners, Evercore, Perella Weinberg, William Blair, Harris Williams, Piper Jaffrey
  • Private Equity Firms: KKR, Carlyle Group, Bain Capital, Summit Partners, Advent, Thoma Bravo, CVC, GTCR, Roark, AEA, CDW, Ares Management
  • Investment Management and Other Firms: Point72, BlackRock, PIMCO, Eaton Vance, Bloomberg, American Express, the World Bank, KPMG, Deloitte, PWC, T Rowe Price
  • Academic Institutions: Harvard Business School, Wharton, Stanford, University of Chicago, Columbia, Cornell
  • Partner Organizations: Girls Who Invest, Sponsors for Educational Opportunity (SEO), CFA Society of NY
  • Firms do not hire Corporate Finance Institute (CFI) for live classroom training to our knowledge.
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yogi
August 27, 2021 2:19 am

So Informative!

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