Financial Statement Modelling and DCF

Hey guys, I'm a rising sophomore and I figured I could teach myself some financial modelling using Wall Street Prep considering that I'm done with my internship.

I was running through the course and when I arrived at the beginning of the DCF tutorial, I found that a lot of the numbers for future predictions were taken through something called a financial statement model (FSM), such as when trying to predict unlevered FCF.

I was wondering if an IB analyst is expected to know how to do this? Also, does he usually run this model himself or does someone else in the firm usually run this model and pass it on to the team?

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