Y1 Analyst (7-8 months in) and still cant model for shit. Associates known this since day 1 and just dont give me modelling work (would much rather learn). Try to do some courses etc. but these things are 30-40 hours long and just dont have that time working 9-12am and maintaining sanity. Would u suggest just trying to figure out in-house models? All suggestions welcome as i am worried this would definitely hinder future job opportunities.
Thanks!
| +1,295 | Bank of America - Juniors Strike to start Monday May 6th | 154 | 2s | |
| +581 | BOFA ALREADY TRYING TO COVER UP THEIR TRACKS | 69 | 5h | |
| +385 | This is a dark day for Wall Street. | 39 | 1m | |
| +154 | Investment Banking US League Table YTD 2024 (FactSet) | 85 | 14h | |
| +148 | Big Layoff at Barclays - 5/1/24 | 86 | 1h | |
| +91 | “Americans just work harder” | 54 | 12h | |
| +83 | Would comitting to ATL İB be stupid? Please give feedback. | 45 | 4d | |
| +72 | Sleeping on Jefferies??? | 35 | 13h | |
| +65 | BofA List | 7 | 11h | |
| +60 | What's up with RBC nowadays? | 28 | 11h |
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.
Gradual exposure. Tell your associate you want to try to work on one portion of the model (revenue build, debt repayments, salary expense build, etc.) and just slowly get better about learning how to think about forecasting cash flows. It really isn't rocket science, there are a few key links and accounting concepts to be aware of but otherwise it's just about learning how to intellectually make sense of every line on a P&L and find the most effective method of estimating it going forward.
Thanks! Appreciate the advice as this probably makes the most sense to me overall.
A piece of advice I received from former BB Associate: look at past deals your group has done (treating it like a case study) and model them out yourself
Thanks man, thats great advice. Definitely will start doing that
Strongly agree with this advice. If those are still to complicated use some of the samples you can get from online resources (e.g., WSO). Usually the free ones are super birds eye view and they can help you start to understand the context and establish fundamentals. Lastly, if you have any former coworkers that are now in PE reach out to them to see if they have any resources they used when practicing for pe recruiting. Yes the modeling is different but the fundamentals are still the same.
Appreciate that advice - i know how important it is to have sound fundamental modelling so yeah may even consider reaching out to former co workers. Thanks!
Search for videos online to learn from experts like Gisele Bundchen and Cindy Crawford. Build some confidence and walk with good posture. Try to find enough space in your apartment and use it as a practice runway. You should be good in no time.
Recusandae temporibus quia commodi et sed. Rem doloremque voluptate quibusdam aut impedit iste. Unde atque porro ipsum molestias hic.
Ut ea veniam dolorem rerum voluptatem ut debitis. Sapiente cumque et doloremque tenetur. Debitis ut rerum ducimus ex sit fuga sequi. Quos aliquid assumenda vel delectus. Voluptas adipisci et voluptatibus.
Culpa ratione quidem illo itaque repudiandae eveniet id. Aut aut laboriosam pariatur voluptate. Quae reiciendis deserunt deserunt magnam error ad debitis. Atque et qui eos. Tempora id facere consequatur aspernatur pariatur consequatur aut.
In vero veritatis at et sunt ut dolore. Id non totam alias officia sit assumenda. Iure quaerat sint similique voluptatem autem.
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...