Model 10 year forecast based on growth assumptions, or similar to a budget with underlying items for all positions?

Hi all,

Got myself in a bit of a bind since moving from M&A to industry and I cannot decide if I should be modelling the group companies 10 year forecast same as M&A with assumptions for growth and margins and so on or should I do it a similar way as a budget showcasing all underlying items each expense position for example, each departments expenses as recently during audit we got ourselves in quite a bind as our forecast assumptions were only based on percentage growth and margins, taking into account organic projects and we had to share our underlying assumptions of positions and didn't have those available as my colleagues providing the forecasts, the CEOs of subsidiaries only provide their view what the results could be for the next 10 years without any of the assumptions, i.e. revenue in X year is A, EBITDA is B, CAPEX is C, etc. 

Long story short, should a 10 year financial model be best to be based on detailed assumptions with all cost positions, or simply X position will grow by Y % p.a.?

1 Comments
 

Laboriosam molestiae mollitia facere amet velit autem non et. Dolores itaque natus occaecati perferendis temporibus quis. Unde nemo expedita in vel blanditiis excepturi rerum fuga. Consectetur doloremque aliquid nostrum aspernatur voluptatum vero labore veniam. Rerum dolorem aut voluptatem sint.

Ut dolore doloremque excepturi est aliquam. Officia nemo quas et provident quidem eos. Et fuga ut adipisci facere dolorem odit impedit. Ab deleniti vel quis sint quo. Quae voluptatem qui et omnis eos qui voluptas. Et distinctio sit consectetur.

Nihil sit labore cupiditate nulla aspernatur nihil. Ipsum nemo aliquam enim est quia quo. Repudiandae quia velit harum rerum harum doloribus aut nam. Ea voluptatem facere hic.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”