What to do with your career when you're not particularly great in Financial Modelling

Hello fellow monkeys.


As title states, I am a senior analyst working at CBRE/JLL working on the usual package - deal modelling, teasers, IMs. Lately I have been thinking that my financial modelling skills are average at best. I've been doing a certain model for a certain region, and I can get the job done, but i keep finding myself making mistakes (which i will troubleshoot eventually, but i would rather just not make the mistake in the first place) or having trouble explaining how the overly complicated model works to other people - likely because of 3 lines long formula - which means I probably don't understand it too well myself either. I've been working close to 2+ years, though not a lot of it on modelling, at the beginning i thought it was a matter of practice and I'll get expertise sooner or later. But recently, starting to doubt myself.


Originally, like everyone else on this forum, I had been aiming for REPE roles, acquisitions analyst only! as it seemed to be the holy grail of real estate career paths. But I have had second thoughts - what if i actually really do get the job as an investment analyst and totally suck at modelling it? Short of the actual modelling skills, I've been doing great at my current workplace due to skills in organisation/proactivity/getting stuff done attitude and generally getting along well with everyone. I still want to stick to my goal of going to REPE, but I wonder what other types of roles should I strive for if not acquisitions? I don't believe that if you suck at modelling, your future is bleak - there's a dime a dozen senior brokers who don't know modelling and still get into senior positions earning good dough. But the view on exit opportunities, should i remove acquisitions, is slightly narrow and tunnel visioned from where I'm standing at.


Has anyone else had a similar problem? Do let me know how you dealt with your situation.


 
Most Helpful

Voluptas consequatur doloremque a consequatur vero repellat. Rem et animi ut numquam explicabo. Exercitationem voluptatum sunt eos exercitationem asperiores voluptatem et. Aspernatur quidem fuga ut fugit sed alias. Ex minus inventore quia occaecati.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”