MBA Asso Doing Admin All Day
I’m a MBA associate 9 month into the job. I’m on a live deal right now. My job is schedule calls with buyers, manage dataroom, and request list etc. So very admin related tasks.
Whenever we get a request to pull some new data or build new mini models, my VP work directly with analyst to get these sorted. I’m rebuilding the model my analyst did whenever I have down time to quickly ramp up. But in the meantime, doing all these admin related scheduling calls etc pure execution related work, I feel like I’m an EA and sometimes think myself is useless as anyone can do these admin work.
How can I be more engaged?
BB , EB, MM?
EB
You started at your EB in Jan this year?
Yeah, started late due to some personal reasons
Large part of a live deal is admin work. In your first year as an MBA ASO for better or worse you have to prove yourself by handling all the minute tasks. Par for the course.
>I sometimes think myself is useless as anyone can do these admin work.
Your masters degree, sir.
EA can definitely do these admin work, don’t need a master degree
Pretty normal for a first year tbh. If you’re still doing this stuff a year from now would be not ideal
Welcome to the show. It doesn’t get better! Hope this helps
What do you mean not getting better
You are an MBA associate dawg, act accordingly
I’ve been in finance for 5 years before mba, excel stuff is easy
Obviously not if the VP doesn't trust you with the model. You must've done something that was taken as a huge red flag if the VP is wasting time out of his day walking through the model directly with the ANL.
>50% of live deal work is admin work, welcome to the show. The modeling stuff will come with time… the VP is probably spread thin and taking the path of least resistance giving it to an experienced analyst who has done it before. Modeling is also insanely overrated… you basically just take a template and plug in numbers. The real value adds are the industry folks providing insights around industry trends etc that flow into the rationale of the projections.
The job of an associate (particularly an MBA associate) is to be a competent, professional adult who is available at all times and understands the financial/commercial/strategic elements of what you're working on. Getting super in the weeds on data pulls and the model is not your job (but you need to understand that work and should feel confident subbing in if the analyst gets sick or something). Shepherding the process along in an efficient way adds a lot of value. It can feel dumb at times but if it's not done well the whole process goes to hell.
Pretty natural for first mba associate deal. Doing a good job on this stuff still got me recognized and more interesting work on the next one
Thank you. Very helpful!
You do know your job at VP level is to run the process and woo clients, not be balls deep in some v90 model right? You should be clamoring for more client face time, reading the materials and versions your analyst runs through so you can understand the main financial levers / financial engineering that needs to be done get the deal over the finish line - and using your insight to suggest insights to your seniors. Because you’re in an an analytical seat, you should be drafting pages on your own to see if it’s helpful based off the work your junior has done, asking for opportunities to walk through the materials with the client directly to sharpen your presentation skills etc.
You’re thinking entry level when your eyes need to be senior level. What does your director do all day? Those are the skills you need to be worried about.
“MBA Asso doing” wow that’s a first!
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