I'm a second year analyst. I just had a recruiter ask me if I can perform a DCF..😑😑😑. I wouldn't be in banking if I couldn't do that shit. Standard IB interview question.

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Posting as :
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Depends where you work 😂

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DCF?

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What is that?

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@ KKR Discounted Cash Flow

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But wtf doesn't know that..every training program covers that

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Cash flow? What's that

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Perform a DCF?

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Perform it? Like, via the medium of interpretive dance?

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😂😂😂

I just interviewed a second year analyst from GS who couldn't do a DCF. They worked in DCM. Was absolutely shocking.

DCF can be a bad tool for valuing companies due to its tremendous reliance on assumptions. In banking it's pretty much tweaking Ke and beta to get the output the MD wants

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