Originally Posted by fuji
We have thousands of templates from every sector, there's inevitably a model to suit whatever firm it is. Models are always already linked to the statements so you just fill them out and then fill out the assumption sheet and it builds the model. If you need a different template capitalIQ can always make it for you, inputting financial statements is easy, sometimes it's just a bit annoying making little modification so say your EBIDTA is right then again capitalIQ can do that for you too. Powerpoint is significantly harder in my opinion, but even then you can just draw your slide manually and send it to creative and a middle aged women will do it. I don't even know why we have analysts when you can just use some people in manilla from capitalIQ to make your models and some other people in say mumbai to do slides.
Do you even feel the tbol with test and deca?
Interesting. How are the statements already linked to the model? I mean yeah you can create a generic statement for the model, and input the numbers, similar to what you find on Tradeking but for a company it doesn't always tell the full story. For example, we were looking at a boat manufacturer that made the boat and supplied motors from other manufacturers, so their revenue was broken out between these two line items, which was actually an important thing to know for the deal. Wouldn't you have to create line items on your model to take this into account?
Also yeah IDK why banks pay analysts to do so much bitch work it always made more sense to me to just farm it out to a marketing firm or something, way cheaper and easier.
WTF do you do all day if you're not modeling or editing powerpoints?