Do people still do 3 statement models? I’ve worked on 3 multi billion sellsides at (GS/MS/JPM) and have not done one. We just send out the model which is just the income statement, drivers, KPIs, etc. and audited BS + CFS.
Are they necessary? Is it a lost art?
| +460 | Don’t work at UBS - UBS Sucks | 45 | 13m |
| +330 | Article - UBS’ Investment Bank Keeps Losing Ground | 43 | 1d |
| +219 | Should My Intern Get a Return Offer? | 59 | 1d |
| +62 | Getting Laid in IB? | 28 | 1d |
| +56 | F*ck it I'm Going to Med School | 19 | 3d |
| +54 | Intern keeps sleeping at work - what to tell them | 26 | 1h |
| +51 | Living in greenwich as an analyst? | 10 | 11h |
| +47 | Incompetent and annoying co-intern | 20 | 2h |
| +33 | Nauseous every morning for past 3 years in IB, anyone else? | 22 | 2h |
| +33 | Quick Thoughts on CVC AI Sale Process | 5 | 3h |
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.
I’ve used them more when working buyside.
Completed 2 transactions this year and they were required for both.
I work on a FIG desk so by nature of balance-sheet heavy business models we always provide forecasted BS / CF statements with our operating models, but I can confidently say that we are an outlier, at least at my bank.
Excepturi dicta aliquam inventore ratione. Tempore architecto minima rerum aut beatae sit et consequatur. Quaerat dolorem quo neque magnam et.
Fugiat provident assumenda necessitatibus voluptatem. Ut magni qui dolorum sit. Illo nobis deserunt sapiente fugiat. Quaerat molestiae voluptas tempora omnis.
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...