DCF and Comps on Resume - How can you survive the technicals?
Hi! I wanted to know if there was a way for a student to list DCF and Comparable Trading Multiples skills on their resume and NOT get screwed by technical questions. I know a lot of you will say "don't put it you're going to get killed yada yada", but let's say I am dead set on having that line on the "skills" section and going full kamikaze (or not?) into the interview, could I self study enough to be able to defend myself against any questioning? I have a few courses (think WIBS, WSP, etc.) and models to practice, but I doubt this will be enough, so any advice is welcomed.
Also, I haven't yet touched LBO Analysis from the Rosenbaum books or any other technical source, and I assume it is levels above DCF and Comps in terms of "difficulty", but the same questioning applies, is there a way to self study enough that I won't have to fear the technicals?
Any advice is appreciated. Thanks.
This made me laugh. What sort of doomsday questions do you think bankers ask about comps?
I don't know, hence the post. It's just that I don't want to get caught off guard, and I read in another thread that intervievers will grill you if you list any modeling skills as....well, skills.
I think it’s fine to list both. Interviewers will ask questions but rarely questions that go significantly beyond the scope of what is in interview guides. As long as you’re conceptually familiar with each and understand the what questions as well as the why questions, you will be fine. And in case they push the limits of what you know, it’s ok to say you haven’t learned that or aren’t sure.
Understandable. I kind of imagine they won't go too "in depth" with a student anyways.
On the other hand, what would you advice regarding LBO Analysis (learning and preparation)? and would it be wise to put a "(basic)" right after it? I know this model is more complex than the others, so I was a little hesitant.
Usually at a banking level, interviewers are interested in your understanding of what an LBO is, why it makes sense and what type of companies would make good LBO candidates. Given you’re a student and they can see your experience / lack of experience, it would be unusual for them to expect extremely advanced concepts (and I’ve never asked or seen this be asked at an IB analyst level)
Great! Good to know, i'll prep on all three and prioritize DCF. Thanks mate.
Yeah man no need to fear technicals. Sounds like you are already giving them enough attention. Just stick to guides, try to understand why the answers are what they are, and do mock interviews and you’ll be fine. Put in some work and they are easier than you think!
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