Importance of modelling for lateraling?

Hello fellow monkeys,

I’m in one of those rotational development programme within a small bank (UK based), and I’m thinking about my options to lateral at the end of the rotations, as the conversion rate (particularly for IB) is quite low.

Moreover, I’ve been warned that when rotating through IB I will be mainly focused on pitches and auxiliary work (as it is pretty much a long internship) and as such will not have much exposure to modelling. So my question is: how important is modelling work to lateral into BB banks as an analyst? What about for analyst positions in PE? I’m definitely going to practice some modelling in my free time, but how detailed should those models be?

Finally, are there other areas worth looking into? My skillset after the graduate programme might allow me to do some debt-oriented work.

Thanks in advance for any insight.

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