Currently in analyst role and about 50% of my time is spent building/running Excel models. I am a good Excel monkey but....at what level is that reduced or eliminated? I am getting pulled into more development work which seems model heavy, but hoping to contribute on a higher level.
Trending Content - Real Estate Forum
Career Resources
What size firm do you work for and what does your firm do: mostly acquisitions or development? A bit confused. Seems like you're already pretty heavily Excel, but also getting pulled into development work which might be more Excel heavy than you imagined?
Regardless, I think there's other threads delineating between the different levels up to MD of a big firm but I'd expect any Analyst/Associate to be pretty Excel intensive. VP level and above I would imagine this lessens a little, but still required.
I know a VP of development at a relatively small firm that is both very client facing, does a lot with zoning boards/commissions, and walks his sites daily but is also eyeballs deep in Excel, especially when a deal is at the finish line. Similarly, I know a Partner of a fairly large REPE firm that also still gets involved in modeling on a daily (or at least weekly) basis but at a much higher level.
I don't think it is every eliminated unless you're MD at BB IB and you're the rainmaker and your job is to close deals and bring in money.