How much of the stuff learned in school do you actually apply in real life IB?

We are learning about DCF, LBO and other financial models and they seem pretty cluttered. It’s a class to get into the workshop so it seems confusing since the actual finance classes start in junior year at my college and they start from basics of course but this class isn’t . So I was wondering how much of what you learn in college is applied in real life ? Thanks

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