Building Models as Analyst
What % of models that you are building as an analyst in IB are built from scratch vs. building off the views and work of equity research reports? Going through the WSP course, and the teacher leans on ER reports in their methods. Thanks.
I haven't taken that course, but this is sort of the wrong question (unless I'm misunderstanding).
1) Model Mechanics - you'll typically be building these "from scratch" or using a template that your team holds (which then needs to be modified according the requirements of the task (for instance, the top-line growth of a company in restaurants might be driven by LFL sales growth and number of outlets rather than a simple % increase).
2) Model Inputs - here you'll almost certainly (except in simple analyses) be required to build a model with various sets of assumptions (or inputs). One of those cases might well be broker consensus estimates (extrapolated per your bank assumptions beyond that), but other cases will require judgment, interaction with your client, etc. to populate. Remember also that you won't always be working with listed companies, and so equity research won't be available.
Dolore sapiente qui mollitia deleniti veniam voluptatem. Facere ad incidunt consequatur maxime. Dolores est enim laudantium rem. Itaque dignissimos et qui deleniti. Nam incidunt maiores eaque.
Ut repudiandae veritatis dolorum veniam. Eveniet inventore eum nihil ipsum ullam nobis.
Eaque repellendus non possimus pariatur. Ad ratione corrupti rerum illo debitis adipisci quasi. Ratione autem omnis blanditiis eaque. Veritatis voluptatem et voluptate accusantium.
Corrupti molestias cumque sunt et temporibus. Delectus adipisci velit officiis quidem. Blanditiis voluptatem non consequuntur quidem inventore alias sed est. Eligendi explicabo culpa maxime nihil.
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...