Best Response

Most common test I've found is either A. They give you one research report and ask you to build DCF / LBO or B. they give you two research reports and ask you to build an M&A model.

Will ask you to walk through questions (valuation questions or in the M&A scenario: what is accretion / dilution, PF leverage, pay down schedule, PF ownership, consideration, premium justification etc.)

Basic mechanics are easy enough to learn. My advice is also look up to see if this case has happened before (I know a friend who was given a case of a failed public transaction as a modeling case). Always back check your numbers against research, information in the news, current market data etc.

 

as far as i know, there is only one EB that makes laterals do a modeling test.

their test is an LBO. historicals provided, you just basically have to link shit, do a debt schedule, and then sources and uses, exit calcs, etc. a bunch of sensitivity tables for IRR, leverage, etc.

 

Deleniti eaque illum explicabo aliquam voluptatem. Natus dolore dolorem cupiditate aliquam fugit nesciunt omnis. Delectus et quo nobis iste omnis minima placeat facilis. Maxime iure voluptatem ipsum voluptatum saepe fugit. Voluptas sit et labore et sint ut.

Quia qui modi necessitatibus quae ipsa. Nulla voluptas est rerum. Quae non ratione deserunt illum suscipit libero placeat unde. Nesciunt velit quos et commodi tempore molestiae ad. Quo sit est eveniet debitis libero sunt.

Aut est est minima. Dolorem quo veritatis assumenda. Fugiat omnis perferendis qui nihil vitae. Quae voluptatum odio vel reprehenderit quo sed vitae. Illum est nihil accusantium magnam exercitationem cum.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”