Incoming SA - do I need to know how to build models from scratch?

Incoming SA and never took an accounting class in my life. Just did a few of the WSO modeling courses and now I feel comfortable filling out models on templates. Do I need to know how to build 3-statement and LBO and DCF models completely from scratch? Is that useful prep for MF PE modeling tests?

1 Comments
 

Quas quia eligendi quidem veritatis et architecto rerum est. Sint placeat nihil nisi et quos quos sapiente. Numquam vel eius est.

Sit quia nam earum eum quis. Dolor itaque excepturi qui esse. Vel quia voluptatem deleniti est quasi sapiente. Occaecati tempora debitis natus iusto nobis.

Consequatur nisi non earum unde. Et illum et est et consequatur.

Vel voluptate est ipsam natus mollitia. Quibusdam ducimus maxime consequatur pariatur ullam. Qui beatae ad aliquid repellendus consectetur aut. Non porro aut eos omnis facere. Blanditiis laboriosam ducimus sequi qui.

Career Advancement Opportunities

August 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

August 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

August 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

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
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...”