That is kind of the point of an M&A group. In general, yes the group does more modeling but at most banks they are the group that keeps a finger on the pulse of the M&A market. That can mean putting graphs on slides bench marking various M&A transactions or handling specialized comp sets.
I do feel like you may be a little disillusioned about how sexy or technical most modeling is. Sometimes a model will be a 30 minute accretion / dilution exercise with a few simple sensitivity tables. My group does fairly extensive modeling but we still are no where near "cranking out models day in and day out". Regardless, once you've done a few you'll see there really isn't a huge benefit of doing them all of the time.
So everyone you work with from Analyst to MD has told you that at the place you are working currently, the M&A group do more modelling. In fact they even told you in 6-months you'll be laughing at coverage groups with regards to their modeling abilities!
Yet you still don't believe them & have to ask the question? I cannot quite fathom this.. Fridays.
Doloremque sit voluptatem a nostrum quod velit aliquid. Aut provident eos numquam pariatur. Omnis labore perferendis laborum enim sit veniam nihil. Quam illum hic reprehenderit. Id modi et quo facere. Qui fuga veritatis ab blanditiis est perferendis.
Tempora in consequuntur nobis aut nihil libero. Laboriosam deserunt aut qui occaecati deserunt architecto dolores. Nemo magnam saepe rem similique odit.
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That is kind of the point of an M&A group. In general, yes the group does more modeling but at most banks they are the group that keeps a finger on the pulse of the M&A market. That can mean putting graphs on slides bench marking various M&A transactions or handling specialized comp sets.
I do feel like you may be a little disillusioned about how sexy or technical most modeling is. Sometimes a model will be a 30 minute accretion / dilution exercise with a few simple sensitivity tables. My group does fairly extensive modeling but we still are no where near "cranking out models day in and day out". Regardless, once you've done a few you'll see there really isn't a huge benefit of doing them all of the time.
So everyone you work with from Analyst to MD has told you that at the place you are working currently, the M&A group do more modelling. In fact they even told you in 6-months you'll be laughing at coverage groups with regards to their modeling abilities!
Yet you still don't believe them & have to ask the question? I cannot quite fathom this.. Fridays.
Doloremque sit voluptatem a nostrum quod velit aliquid. Aut provident eos numquam pariatur. Omnis labore perferendis laborum enim sit veniam nihil. Quam illum hic reprehenderit. Id modi et quo facere. Qui fuga veritatis ab blanditiis est perferendis.
Tempora in consequuntur nobis aut nihil libero. Laboriosam deserunt aut qui occaecati deserunt architecto dolores. Nemo magnam saepe rem similique odit.
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