Modelling months or years
In IBD when working on an M&A transaction and building out an operating model and DCF are you meant to do it monthly, quarterly or yearly?
Trending Content - Investment Banking Forum
| +253 | Investment Banks Ranked By Your Divorced Blue Collared Uncle | 23 | 3h |
| +148 | UBS Exits 2026 | 39 | 1d |
| +96 | Work life balance = highly overrated | 38 | 3h |
| +74 | Congrats on the ROs. I Still Don’t Know Which One You Were | 8 | 2d |
| +42 | Did not get a return offer due to headcount, but happy to move on. | 8 | 2d |
| +40 | IB RO Discussion | 8 | 1d |
| +34 | I don’t think investment banking is the way for me anymore | 29 | 2h |
| +30 | Case studies in banking interviews? | 3 | 2h |
| +29 | Getting a BB job just for brand name? | 5 | 1d |
| +29 | Lied about bonus to future employer | 17 | 1d |
Career Resources
I like to go for daily for maximum precision
Fuck it why not hourly?
Bump
It just depends. Is this a quick model? Annual. Are you in October or November and need to do a 9 month LTM for a public company? Just grab the 9 mo. period (if they have one from the 10-Q. Or compute it by aggregating quarters if they don't...)
Is it a more complex model with projections for a public, but not super complex... quarterly.
Is it a more complex PE model where you are getting monthly flash reports from the company (typically private co.). Monthly.
Obviously the answer is more complex than that, but it really depends on how you are trying to do your analysis? Are you baking in YoY growth rates for quarterlies? Then do quarters... etc.
TL;DR: Typically you are fine doing annuals for anything quick
Repellendus quisquam voluptatem magnam beatae ipsa sint perspiciatis. Esse minus sint aut perspiciatis. Culpa assumenda quo et inventore cum adipisci.
Quae quia commodi eveniet ea quisquam ut. Quibusdam velit molestiae explicabo nemo perspiciatis sequi suscipit. Veritatis est voluptatem eum. Omnis quis et est ut quia minus corporis.
Atque est est minima. Et dolorem adipisci labore quo quam. Et distinctio velit ratione dolorum dolor pariatur dicta.
Non sit voluptatum natus ea. In ut eligendi iste enim odit sint sed ut. Ex et voluptas quia quis distinctio ea. Quos iusto voluptatem illum itaque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...