Hi Monkeys,
I will have the Silver Lake analyst (out of graduate) recruitment process in early August and they told me I will have to go through 2 tests before the AC:
- 1 LBO case
- 1 Accounting case
Did somebody already go through this?
What should I expect (particularly for the accounting case)?
How could I train? Do you have websites to recommend me?
Thx
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Out of curiosity: Is it for London or NYC/MP/US offices?
London office
Oh interesting - thx. As for websites I only know: macabacus and street of walls but I believe that this kind of test are excel based and not a paper lbo.
Thx
Hello! So at the end how this ended up? I have similar interview with a PE fund, can you tell me more what they could ask?
Modeling and accounting test as a first round, as already mentioned. Pretty easy and straight forward.
super day at the end of this week
Curious, how did it go and what happened in subsequent rounds?
Out of curiosity, does the "accounting" test focus on merger accounting? (I dont necessarily see the relevance for that in a PE firm , please correct me if I'm wrong). Or is it rather a type of "Company X does Transaction(s) Y, how does it impact the three financial statements" in Excel?
LBO test is a basic lbo model, for which they give you all the assumptions and all you have to do is go through the motions. If you have access to the WSO job prep, there is a Technology PE case presentation that is very similar. The accounting test is literally a series of transactions that you have to account for and then make sure the balance sheet balances.
Sorry to revive an old thread. But what are the target schools in London for the Analyst process? My understanding is essentially all of the undergrad analyst hires, regardless of office seem to come from Wharton. Do they recruit from any top tier MSc Finance programs? Also, is there any OCR or is it accelerated recruiting for those who are summering at top tier BBs?
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