Get Real Investment Banking Experience
A four-week bootcamp exclusively for Investment Banking Analyst candidates, providing hands-on training and education—directly from investment banking professionals.
Next Cohort: January 6, 2025
Deadline to register December 6, 2024
The PTB Analyst Training Program was shaped & advised by executives from top investment banks and private equity firms:
Why PTB’s Analyst Program is Unique
We’ve taken the best elements of investment banking prep courses & remote internships—and combined them into a single experience.
The program is designed for aspiring investment banking & private equity analysts, providing practical, hands-on experience through a series of learning modules, interactive exercises and live PTB deal activities, with access to a team that is actively navigating the complexities of real estate finance, structuring, and capital markets.
We teach the skills and mindset that differentiate top performers, making sure you stand out when competing for that internship or full-time role, and ensuring you’re fully equipped to excel from day one. We aim to cultivate the talent we want to see in the industry—professionals who are prepared, confident, and ready to hit the ground running.
The PTB Analyst Program
Over a 4-week period, participants will complete a series of learning modules and activities based on an interactive case study following a real estate developer seeking to raise a $100 million joint venture (JV) from institutional investors.
Week 1: Investor Targeting and Investment Structures
Learn about different investor types (e.g., PERE firms, family offices, institutional investors) and the various investment structures commonly used in real estate (e.g., equity, debt, joint ventures).
Students will create an initial investor list, identifying potential partners for the mock deal.
Week 2: Financial Modeling
Learn the fundamentals of building financial models for joint ventures, focusing on assumptions for real estate development and key metrics (IRR, equity multiples, cash-on-cash return).
Students will use a template to build a financial model for the developer’s pipeline of deals.
Week 3: Marketing Process
Learn how to run a capital-raising marketing process for institutional real estate transactions, including deal positioning, pitch deck creation, and investor outreach strategies.
Students will create a mock investor pitch deck and draft an outreach strategy.
Week 4: Negotiating the Joint Venture
Learn about the negotiation process for joint venture agreements between developers and institutional investors, covering terms like promote structures, waterfall returns, and control rights.
Students will negotiate a term sheet for the mock deal based on their JV structure.
Each week students will get access to a new online learning module and interactive activity—then join PTB executives and a cohort of their peers for live discussion and Q&A.
Upon the successful completion of the program, students will receive a PTB Training Program Certification and case study package for distribution to potential employers.
Price & Logistics
The PTB Analyst Training Program is an online program spanning 4 weeks and requires a weekly commitment of 4-5 hours to interactive learning and exercises, along with 1-hour live discussion and Q&A sessions held on Thursdays and Fridays.
Total cost of the program is $1,200.
Apply Now
Complete the form below and we’ll be in touch with more information.
ABOUT PTB
PTB is a boutique investment bank focused on joint ventures, capital raising, and M&A advice for innovative real estate sponsors.
PTB provides to sponsors bespoke capital solutions for projects, portfolios and platforms—from a curated network of private equity real estate firms, family offices, hedge funds and other institutional real estate investors. Senior leadership has led real estate joint venture, capital raising and M&A transactions in excess of $20 billion.