News

Training the Street gives students a leg up on the job market

November 2013

For the last four years, the Finance department has invited "Training the Street" to campus to help students navigate the ins and outs of Microsoft Excel and how it can be used in the business world.

Training the Street (TTS) is a program founded by experienced investment banker Scott Rostan. It educates students and professionals worldwide in the use of Excel spreadsheets and finance theory. The program offers three workshops on three separate weekends: Financial Modeling, Corporate Valuation, and Mergers & Acquisitions & Leveraged Buyouts.

Farmer School students who participate in this event have definitely seen results. Bo Heitz, who participated in the TTS workshops in the inaugural session in 2010, is confident that he strengthened his skills and added marketability to his name by learning the Excel program. "When starting your first job, information comes at you like water from a fire hose," he said. "The TTS session helps by making the Excel component one less thing to worry about, and it gave me a noticeable leg up in relation to my peers (some of which had honestly never opened Excel before). Knowledge of Excel allowed me to ask the right questions and address problems more efficiently." Bo was recently hired by a global private equity firm called The Riverside Company in Melbourne, Australia.

Finance professor, David Shull, the main coordinator of the event, is pleased with the turn-out for the past few programs, and he cites TTS as part of the reason that finance students land great jobs. "High-quality placements have improved in part because of the students' participation," he said. "We are fortunate to have such a high number of quality students to sign up for this. Most of our placements in our upper-level jobs have taken Training the Streets or the equivalent."

"The job market continues to become more and more competitive, and resumes are getting stronger across the board," Bo said. "As a result, it is becoming more important for students to really need to prove their interest and commitment to a career through things like internships, club involvement, and case competitions. As a result of programs like TTS, you are seeing more companies looking at Miami students and companies increasing the amount of Miami students hired."