Landed an internship but don’t know shit need help

Landed an internship at very small boutique, I currently don’t have any tasks because I just began working, however, I have been shown the financial model of one of the deals im in and tbh i couldn’t understand much, LBO of a hospital, the excel spreadsheet has hundreds of lines, dozen pages, income, cash flow, balance.

Can anyone give me advice on how to understand these statements and models quickly and efficiently? Would youtube tutorials help? If so can anyone refer me a good youtube channel or anything that could explain LBO models? Thank you

2 Comments
 

They don’t expect you to know anything — especially on how to build a client-quality LBO model. Focus on being curious and being personable. Look at rareliquid’s model building videos and peakframeworks YouTube channels. I’d also advocate for the WSP Financial Modeling bundle but the price is egregious.

 

Incidunt necessitatibus veritatis natus enim. Et eum molestiae iste sit. Impedit autem at ipsa nesciunt. Iste sed eaque soluta molestiae temporibus.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”