I have my first day as an analyst intern at a boutique investment bank coming up and I want to be prepared so I don't look like an idiot in front of the other interns who have already started. My main concern is what (if any) types of models I'll be expected to build on my own already? Should I already know how to build an entire integrated financial statement from scratch? Focus on DCF? I'll be working with the M&A team i believe.
Anything helps, Go Cougs!
| +247 | CVP 2025 Summer Analyst Class Is A JOKE | 100 | 58m | |
| +98 | The "Not So Obvious" things that get you a return offer? | 10 | 9h | |
| +94 | PJT Best EB in the next 5 years? | 46 | 9h | |
| +57 | Ex-JP Morgan analyst awarded $35M decade after NYC building’s glass door suddenly shattered on her | 15 | 20h | |
| +34 | Georgetown Placement for 2024 and 2025 | 20 | 16h | |
| +31 | Pros and Cons of the BB coverage groups | 16 | 4d | |
| +29 | Best IB group on the Street | 14 | 5h | |
| +28 | Barc vs WF for IB (Generalist) | 7 | 10h | |
| +28 | How to deal with egotistical team? | 6 | 7h | |
| +26 | BIG FOUR ARE PARADISE | 4 | 9h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
You will not be expected to build any models on day 1 of an internship. And I'd be surprised if you get to build a model by day 90 (or whenever your internship is over).
Yes there is no expectation for you to know any model. There are plenty of templates in each team anyways
That is certainly a relief. However it leaves me wondering what I do need to be prepared for? I've read several forum topics about what to be ready for during an IB internship, but to be honest for such a daunting career it seems like anyone could perform the duties of an intern and maybe even an analyst.
Well yeah. pretty much. Get good at taking lunch orders :p
But in all seriousness, study up on VBA (for excel) and how to properly build pitch books
You'll learn everything you need to know on the job. Chances are this boutique does things differently in their own way, so don't bother spending too much time learning how to put together a pitchbook or even modeling, because you'll learn how to do so, if you ever get to create a model.
Nesciunt doloribus iure saepe est. Totam nobis ex eaque modi. Ea amet necessitatibus veritatis laborum esse. Dolorem magnam enim aut consectetur alias voluptatem officiis.
Et enim quisquam sunt quos vel officiis. Nemo assumenda a sint illo quis consectetur et libero. Animi quasi consequatur est explicabo non quis. Dolores quisquam ut vel impedit laboriosam in nobis. Sint repellat voluptatem ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...