The first step in choosing the investment banking course that is best for you is to evaluate carefully your current circumstances, in order to best determine what sort of training is right for you. The first factor that must be considered is how much time you have to devote to training, and how that time is scheduled.
- Do you have several free hours each day during business hours?
- Do you only have free time for a single hour in the evening?
- Do you have small amounts of free time throughout the day?
Determining where available time can be found in your schedule will help you decide what kind of training best suits your preferences.
Another important factor to consider is location. Are there facilities where one can take an investment banking or financial modeling course in your area? Knowing where training centers or universities are located relative to your home or workplace will help to determine if you can get there by walking, driving, or taking public transportation, and whether distance and traffic will allow you to make this trip in enough time to attend classroom-based training. If there are transportation issues standing between you and taking investment banking courses in a classroom setting, online or self-study programs may be a better alternative.
Understanding your personal learning style will also help you to choose the best training for you.
- Do you learn best when allowed to learn at your own pace, or do you benefit from having an instructor guide the pace of learning?
- Do you absorb information more efficiently when you read it, or when you hear it, or when you see it communicated via diagrams?
Each of these considerations will tell you whether a classroom environment or a self-study arrangement will be more useful to you, and whether books, audio recordings, lectures, videos, or classroom attendance will maximize the benefit you are able to receive from training.
A fourth factor to consider in evaluating your personal situation is how much money you can invest in training. The cost of an investment banking course can vary from twenty dollars, in the case of some introductory textbooks, to tens of thousands of dollars in tuition for a degree from a top business school at an accredited university. Knowing the status of your budget, and figuring out how much you can spend on investment banking classes without negatively impacting other areas of your life, is a key consideration in determining the type of training that best suits your circumstances.
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