Hi, the internship description says you should know how to do financial modeling. I'm currently applying to internships but will still learn how to model. Does anyone know the best way to learn it? Also, how deep should my knowledge and capability to model financially be?
| +51 | How much is enough? | 27 | 1d |
| +39 | Does this mean I am not cut out for PE? | 8 | 2d |
| +26 | How to Secure Higher Carry Award Before Promotion | 5 | 14h |
| +19 | Carried Interest Tax Question | 3 | 3d |
| +18 | I Don't Wanna Go To PE Anymore | 4 | 5d |
| +10 | How to prep for HH calls? | 2 | 9h |
| +9 | Leave MF PE for FP&A Manager at Top Company? | 15 | 5h |
| +9 | H.I.G GP Solutions / Secondaries Team | 1 | 3d |
| +6 | Technical Experience vs Industry Experience | 1 | 6d |
| +6 | Private Equity Associate Recruiting as a Buy-Side Analyst | 3 | 10h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Do a course. Wallstreetprep/financial edge
YouTube. Lots of free content there
Do i need to be an expert on how to model? at the end of the day I just started my second year of Uni.
I mean you should be able to describe how to model even if you don't actually know the mechanics of it. No interns ever touch the model anyways
Incorrect. BX has interns take first pass at the model for anything that’s not a fire drill live deal
As a summer undergrad intern you should be fine with just the basics. Understanding some basic principles of modeling and accounting (how the three statements tie together, etc) are more important than being an excel whiz.
BX has like 1 PE summer spot and it will go to some European LBS student with multiple internships already
Natus distinctio ipsa sed non. Eaque iusto qui totam possimus. Rem impedit quo libero expedita eos.
Dolorem perspiciatis velit ut cumque quis dicta. Est quia quae error. Aspernatur nesciunt id debitis ut illo perspiciatis velit.
Tempora natus molestiae nemo blanditiis. Quis pariatur sint sed sit aut aut. Ex nemo hic possimus id. Est et velit voluptatum amet quia nesciunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...