Looking to make the switch from M&A Consulting at a Big 4 to IB in the next few months. I have CPA / accounting background along with recent M&A experience. My biggest concern is not knowing how to build a model from scratch. Any tips on resources to learn these skills / do most MM firms even make you build a model during interviews?

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Transitioned from big 4 m&a consulting to IB recently, feel free to Dm me

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What’s hard about building a model? With accounting background, u know how the 3 financials link with each other. U know the excel formulas. U prob only need something simplified cuz the model for every industry can be a lil diff. So leaning the generic simplified model would be enough

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What helped me learn was choosing a public company, going to their investor relations site and going through quarterly reports. You can use the income statement, balance sheet and cash flow statement as a reference for the skeleton on your model. You can use this skeleton to forecast 4-8 quarters out. If modeled correctly, things should flow through.
Use historic AR/AP days to model out balance sheet and other relevant metrics and ratios.

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