DCF in School vs. DCF in Banking
So far, we've learned the basics of DCF's and all the concepts behind them. However, this is my first time in a higher level finance class that requires us to build a full model for a private company. Although I've done quick models where the information was all given to us, I've been completely overwhelmed with gathering the relevant information from the gigantic variety of sources and making sense of everything
Since I have a SA role coming up, what are the processes for actual DCF modeling at actual investment banks. What information are we expected to generate on our own, and how do you go about even starting a real life model from scratch? I know it varies between banks, but just in general.
Thank you all in advance :)