Off-Cycle and LBO Model Struggle

Hi all,

i am currently in a mid-tier BB looking to do off-cycle probably.

however, I am confused on some model stuff and the off-cycle process. If someone could please help clarify, would be grateful.

1) I am building out LBO models from scratch, but holy fuck it feels impossible to do this in one hour. I was told I have 1 hour to do a full 3 statement LBO model? Takes me 2 hours easily. It literally feels impossible, writing out all assumptions, building out everything. Am I being lied to or do people overexaggerate?

2) in an off-cycle process, what is the biggest component that makes it a lot different than on cycle?

3) how long does it usually take to get comfortable with modeling? 
 

thank you

3 Comments
 

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