When a new investment banking analyst fails and is not good at his job - what seems to be some common traits they lack?
Is it: -lack of industry knowledge -poor modeling ability -poor power point ability -poor CIM creating and professional writing
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Attention to detail by far is the most important thing. Just avoid careless mistakes.
Where are instances analysts mess up attention to detail?
Not sure how to respond to that
Pretty self-explanatory, but I'll give some examples:
- Make sure slides are consistent throughout the deck. If some metric like EBITDA is getting adjusted on a slide, make sure the change is made each time it shows up on the deck.
- Spell check and grammar
- Don't get caught with your pants down not knowing where a number comes from, know the model tip to butt.
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