Need to learn financial modeling and accounting
In a month I will be interning at a small investment firm and need to know how to how to do different valuations for stocks. I am currently a high school senior and to be frank I don't have a clue what am I doing. Where should I start in order be able to create models for stock valuations? Any help would be greatly appreciated. In two weeks if I feel absolutely fucked, I will pull out of the internship because I would rather not do it at all than do a poor or mediocre job.
Do you really think that the investment firm expects a brand new recent high school grad to know anything about valuing companies let alone modeling?
There are lots of resources on this site. I'm also a fan of http://macabacus.com/learn
It's not about what they expect, its about doing a great job. I appreciate the help though.
You have zero fundamentals so you are not going to do a great job. And a "great job" is going to be relative to what you are asked to do and their expectation they have from you.
If you were interning at my firm I would expect you to ask lots of questions and help with some low level things. It's going to be more about teaching you than you actually helping.
Just grab a basic corporate finance book and learn about the really basic concepts like time value of money (quite important for the valuation of stocks) and other basic stuff.
A facere optio est dolores. Minima molestias expedita voluptas expedita.
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...