Any adequate financial modelling training to suggest?

Question

Hello,

I am applying to strategy consulting from an Economics & Political Science background. I would like to take a financial modelling training to help me in my current work as part of the projects I work on and help me in my applications. I know it is not something consulting firms really expect but it may have some value.

What kind of trainings could I take? I do not want to overshoot but I still want to do something that gets recognized as serious.

Thanks!

Answer 1

I had the exact same background btw, Politics & Econ.

Honestly, I recommend against investing in that.

Or rather, I believe there are better things to invest in.

Fin modelling training is something you'll learn anyway on the job. And when you're in one of these firms, you can go on trainings that are dedicated to learning these skills. Or you just learn them as part of project work.

Would knowing modelling help? Yes. It might make the first few months in the firm smoother.

But I think it's more important to invest in actually getting into a good firm.

And I know this will sound like a sales plug, but you might want to invest in coaching instead, specifically coaching that is tailored to helping you develop consulting skills. So, in that sense, it's not coaching to just help you get an offer, but rather coaching that is meant to develop great consulting skills in you and help you get a consulting offer as a byproduct of those skills.

Feel free to reach out if you have any questions.

Best,
Cristian