What do people mean when they say "LevFin doesn't do much modeling"?

I've heard that LevFin does less pitching and more execution, but at the same time, I've heard people say LevFin doesn't really do much modeling. I thought execution involved more modeling? Could someone help me understand? Thanks!

3 Comments
 
Most Helpful

when you work on a buy side M&A deal - you help the buyer build his model, usually. When you work on a sell side - you might put together a sell side model (usually a lot less complex)

When you work on a financing - there are two instances where you might build a model - syndication model to share with lenders (this is a very simple LBO) - model for internal credit processes including several sensitised cases; this one is usually the most modelling you do

On the latter - typically industry teams do the operating model and Levfin teams link this to their LBO model. In some banks, industry teams hold the pen on both the operating and LBO model. This is what they mean with modelling vs not modelling

The reality is that even for the teams who model, it is usually not very complicated modelling.

hope that’s helpful

 

Ipsa rerum est et error voluptates quos est. Aliquam animi reiciendis quaerat qui. Nisi et nobis quae ex sit quo consequatur. Eos quidem dolorem et sit ad fugit fuga nostrum. Vel sed veniam fuga ipsum corrupti mollitia quia aut. Aut rerum mollitia rerum vel. Aut repudiandae commodi nesciunt porro eum et.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (81) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
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...”