Time it took you to get your head around the modelling!?

Just completed my first week as a SA in London. Just wanted to know how long it took you guys whether previous SA's or normal Analysts to get your head around the concepts, valuations and modelling.

It seems like a lot of information to take in, process and remember (especially as I have done no finance modules at uni).

Just wanna know how underprepared I am, or whether I am in a similar position to others (if you remember your first week). My exams at uni finished a week before i started, so didnt have much time to prepare..

 

like a 2nd tier investment bank, like RBS/ABN AMRO/BNP paribas


"The future belongs to those who prepare for it today" - Malcolm X

--------------------------------------------------------------------- "The future belongs to those who prepare for it today" - Malcolm X
 

I think the more important thing is to understand the underlying logic in the model: that is, it is more important that you understand the three statements, cash flows, discount rates, premiums and discounts, etc. etc.

After that, it's about building a model that encorporates all these things. That's just understanding how these things change and are related. Think about what you have trouble with: is it the underlying logic, or just the VBA/assumptions/complexity of the sheet that's giving you trouble?

 

Corporis blanditiis dolorem soluta mollitia. Voluptatem saepe voluptatem ab alias fuga sunt aut sapiente. Illum ut adipisci fuga assumenda. Est in iste dolor molestiae laboriosam. Pariatur iusto numquam sed facilis omnis voluptatem. Occaecati nobis rerum aut cumque corporis ut. Est deserunt soluta esse vitae.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
98.8
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...”