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No one models anymore. All you have to do is post 🔥stock memes and get people to comment with 💎 and🚀. That is the way
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Financial modeling is the skill.
I’m in BizOps at a startup and have never had to do any financial modeling. We have a FP&A team to do that.
Healthcare. When it comes to finance related work, we’ll typically work on models that impact a line item(s) on our financial statement. FP&A is responsible for taking those inputs and using them in the company wide financial model.
M&A financial modeling is handled by Corp dev, with similar support from BizOps.
I think general understanding of financial concepts is important but it’s not like you need to be an expert.
But then again, BizOps varies pretty widely across companies so you could end up landing in a more FP&A type role.