Extremely frustrated with 3 statement financial modelling.
Hello everyone I'm 23 just got done with school, and got an opportunity to intern inside a big company inside their Corporate M&A team.
I wanted to learn the foundations from scratch, and have always been interested and studied finance and investing throughout my whole school yrs.
I kept looking through forums and realized that 3 statement modelling is the best way to get started, and unless u master them u cant move forward confidently to Valuation methods and the advanced stuff.
So i did the Kenji explains video, it was nice to get the general idea. But then i had to move to more serious things, i then did the M&I free 1h30 3 statement model vid.
And then i wanted to take the challenge and practice on a real company that is not so difficult, i took walmart and got the 10k's and started building, and i asked Claude and other ai tools and googled a bunch stuff whenever i got stuck.
I have built all the statements and schedules.
And at the end it didnt balance and i just couldnt figure it out despite asking ai and everything, mind u the process took me around 20 hrs and i honestly feel so frustrated rn, and wondering if this is even a career for me....
Honestly the amount of assumptions, plugs and stuff i tried to make sense of it was a great learning experience but the fact that public co's dont offer extensive info around their financials, some stuff just has to be sorted by a plug.
Idk if this is normal, can someone with more exp pls guide me and be as honest as they can... is it over? Or do i just keep going ?
Should i keep trying to balance it, or do i start over with another company.
What do u think is the right next step ?