Wall Street Prep: Financial Modeling Course
The story of the course isn't told in the video lectures. It is told in the mistakes .
He had built his model. Revenue growth was 5%. COGS followed historical averages. Depreciation was linked to PP&E. But when he added the revolver (a type of short-term loan), his Interest Expense exploded. Interest Expense ate Net Income. Net Income reduced Retained Earnings. Retained Earnings broke his debt covenants, forcing him to borrow more on the revolver, which raised Interest Expense again. wall street prep financial modeling course
He clicked Enable Iterative Calculation . He set the max iterations to 100. He pressed F9. The story of the course isn't told in the video lectures
The numbers shuddered, trembled, and then… converged. The revolver balanced. The cash flow turned positive. The bottom line was green. Revenue growth was 5%
By Week 4, the course shifted from survival to sport. The Leveraged Buyout (LBO) Model .
The story ends not with a certificate, but with a meeting.
“Learn this. Don’t embarrass us,” she said.