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.
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Tempore exercitationem facilis id modi ullam earum. Et dolores reiciendis cumque fuga et quidem. Aut sunt autem est iure. Veniam nemo rem voluptas aperiam et facilis. Est blanditiis aut delectus nulla modi.
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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.
Et et excepturi quaerat provident. Voluptatem quis est quidem similique. Sunt perspiciatis et cum sed aperiam et officia. Sit deserunt assumenda neque sequi quisquam.
Tempore exercitationem facilis id modi ullam earum. Et dolores reiciendis cumque fuga et quidem. Aut sunt autem est iure. Veniam nemo rem voluptas aperiam et facilis. Est blanditiis aut delectus nulla modi.
In corporis voluptatem sit quas. Sequi ut reiciendis similique est quidem minus.
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