I haven't been an analyst for awhile. How fast are you expected to produce these deliverables at your group? Assume you have all the client info you need:
- Teaser
- 50 contact buyer log with email addresses
- 3 statement model + DCF
- CIM
Curious about different expectations across groups.
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The assumption of readily having all the client info you need has never happened in the history of mankind - so this question is kind of like asking how fast you could run if gravity didn’t exist.
Of course but without that assumption this question is even more difficult.
I’d say if you have everything available 1-2 weeks. 9/10 clients are always slow to send stuff and you have to beg them to send you documents
1 week is far too little time for model + cim for a single analyst
On one with a simple model it’s possible
If you’re making a CIM and model in 2 weeks both are gonna suck. If it’s a 60+ page CIM, and you’re iterating with comments from a VP, MD, and client, it’ll be closer to a month unless no one is giving feedback (in which case it will suck).
Same on model - an analyst can easily bang out a 90% done model pretty quickly (probably a week), but fine tuning the outputs and getting buy in from both internal deal time and client always takes longer.
Is it just me who kind of likes when clients are slow to send stuff? Buys me more time. Maybe it’s just because I’m an intern idk
In due diligence consulting not IB, but in practice transaction processes involve more than just your client, so a procrastinating client does screw things up for you. Plus if they send you stuff like 30h before you need to get things out welp there's an all-nighter right there, entirely avoidable if only your client was on the ball.
Also, your managers will be pushing you to get things done, and there's only so many times you can explain you're waiting on the client for everything outstanding before they start blaming you for not managing the client better, and/or make you do meaningless busywork to fill in the gaps that becomes obsolete as soon as your client actually sends you the stuff you're waiting for, though it won't stop them from inspecting your busywork with a fine-toothed comb or making you stay late to adjust formatting and graphics. This may depend on how toxic your group is granted.
4 weeks for a good CIM + robust model. That includes review/comments by deal team and client.
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