Once in a while, I see consultants mention that they do "complexed modeling" in projects. For post MBA roles, what would be a consultant's required excel skill and financial modeling skill in these 2 different circumstances: (1) generalist role (2) Corporate Finance / M&A practice?
I'm curious how complexed the model would be in consulting, as I would imagine many projects (such as quantifying synergy, assessing an acquisition's impact, etc) wuold also be quite quantitative and the impact needs to be quantified.
Also, as consultants join from different background, how do they develop excel / financial modeling skill on the job?