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"GS7"I do not have any modelling experience, during the internship I mostly did profiles/comps/simple financial analysis and did not really touch a proper model. Is this the standard for SA as well?

Most SAs have some exposure to the actual model, but your experience isn't uncommon.

"GS7"I understand the fundamentals and assumptions behind a DCF model (not so comfortable with lbo models), but have no actual experience in building one. Would you guys recommend I learn how to properly model before joining as an analyst or is the training provided to analysts far better than anything I can learn by myself. Are analysts expected to model from day one after they finish their training, or is it more of a gradual process?Thank you very much for this!

No need to spend money. I found free financial modeling courses online in seconds using Google. Brush up on the basics and you should be good to go. A good attitude and willingness to learn go further than technical skills you come in with.

 

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