No Finance background but got into Big 4 CF
I am a BBA final year undergrad with essentially zilch formal financial education, yet I am starting at Deloitte (US) Corp Fin. in a couple of weeks.. talk about hitting the jackpot.
60/40 Public Private engagements. Expected to deal with analysis, statements, cash flow modeling, valuation.
Now, I am doing an advanced financial modeling course (so I know about things - it doesn`t mean that I can do them and fully understand stuff...), yet it seems very unguided and shallow since I cannot connect the dots together. Almost possibly, it is because of the lacking accounting background and all.. What do you guys suggest where should the focus point be ? Nailing the relationship between the three statements ? Understanding the cash flow ? Or being able to use excel properly ?
As an undergrad CF intern, probably not much is expected, but what is absolutely crucial for me to know ? When does a big 4 company say that OK since you can do this and that so we won`t need our money back! :)
Please be so kind as to name things that should be nailed as opposed to referring to a course that has it, since I am already doing one..
Much appreciated folks,
how does one complete a BBA program with 0 finance background? genuinely curious
Read Rosenbaum and pearl
Obviously I have had all the 101s but lets be honest that hardly prepares you for anything. TY Ill see that one.
Any idea as in what specific aspects I am required to know when sitting down at day 1 ? Doing a debt sweep, depreciation schedule then integrate them already etc ? Or something below that ?
Read a 10-k, it'll help you understand companies in general. Then try to take that and put it into ur modeling course
Was in a similar situation... I wouldn't sweat it to much since there will be on the job training as well. They don't expect you to know everything once you start.
Sure, thank you guys.
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