Should I take the job?

Hey everyone,


Got kind of a weird question here. I am currently working in a Valuations group that solely focuses on 409A valuations. I don't have much experience with financial modeling, as we rely on what management gives us, but I do have a good understanding of comps analysis and DCF. I was offered a corporate and business development analyst role recently, but am worried that I don't have the modeling and Excel skills required to be successful. The last thing I want is for my peers and managers to think that I am a slow worker, don't have the right skills, and regret giving me the offer. I am currently going through WSP's financial modeling and valuation courses, however, they are actually pretty difficult for me and there's a bunch of things I don't have a great grasp on such as modeling a revolver / balancing a model that has issues. 


My question is- should I take the offer knowing that my skills in these areas are lacking (I am willing to put in the time to learn, but as I said, am already finding the content rather difficult since I have never undergone a formal modeling training program and my current role doesn't really require modeling, just basic valuation knowledge), or should I stay in my current role, continuing learning on the side, and maybe another day try and go for corp dev again when I am feeling more confident?


I know it's a bit of a weird question, but I don't want people to think I am incompetent while on the job.

 

Temporibus ab voluptates labore sit ut est. Quo ut saepe adipisci.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
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...”