Corporate Development - Interview Case Study Help

I'm a 2nd year IB Analyst, I have a virtual case study for a corporate development job interview at a prominent media company. The only context I have is it will be a "4-hour block for case instructions, analyses, short break and presenting." This corporate development team is essentially the M&A execution team. Has anyone had similar case study circumstances? Given the length I doubt they expect a ton of modeling but more so analysis and deck crafting but any opinions or experiences would be helpful for what I should expect! Thank you!

4 Comments
 

Based on the most helpful WSO content, here's what you need to know to prepare for your corporate development case study:

  1. Understand the Role of Corporate Development in M&A: Since the team is focused on M&A execution, your case study will likely revolve around evaluating potential acquisition targets, analyzing strategic fit, and presenting recommendations. Be prepared to think like a strategic buyer, focusing on long-term value creation rather than just financial metrics.

  2. Case Study Structure:

    • Case Instructions: Pay close attention to the instructions provided at the start. They will outline the key deliverables and expectations.
    • Analysis: Expect to analyze qualitative and quantitative data. While heavy modeling may not be required, you should be comfortable with basic financial metrics (e.g., EBITDA multiples, revenue growth, synergies).
    • Deck Crafting: A significant portion of your time will likely be spent creating a presentation. Focus on clear, concise slides that highlight your analysis, key findings, and recommendations.
  3. Key Areas to Focus On:

    • Strategic Fit: Assess how the target aligns with the media company's goals (e.g., filling product gaps, expanding into new geographies, or acquiring new capabilities).
    • Valuation: Be ready to discuss valuation metrics and whether the target is a good deal.
    • Risks and Synergies: Identify potential risks (e.g., cultural integration, market competition) and synergies (e.g., cost savings, revenue growth).
    • Presentation Skills: Your ability to communicate your findings effectively will be critical. Use a logical structure: Executive Summary, Strategic Rationale, Financial Analysis, Risks, and Final Recommendation.
  4. Tools and Techniques:

    • Excel: You may need to perform basic financial analysis or create a simple valuation model.
    • PowerPoint: Craft a professional and visually appealing deck. Use clear headings, bullet points, and charts to convey your message.
    • Research: If provided with industry or company data, leverage it to support your analysis.
  5. Time Management:

    • Allocate your time wisely. For example:
      • 1 hour for understanding the case and gathering data.
      • 1.5-2 hours for analysis and crafting the deck.
      • 30 minutes for finalizing and practicing your presentation.
  6. Tips from WSO Threads:

    • Leverage Industry Knowledge: If the case involves identifying targets, think about how the media company can differentiate itself in a competitive landscape. Use insights from operations, marketing, or product development to strengthen your argument.
    • Be Proactive: If asked to identify targets, consider how you would source them (e.g., internal teams, industry reports, or external advisors).
    • Stay Structured: A clear and logical approach will impress interviewers. Break down the problem into manageable parts and address each systematically.

Good luck! Remember, the goal is to demonstrate your ability to think strategically, analyze data effectively, and communicate your findings clearly.

Sources: CorpDev to PE prospects - creating a long-term map / success stories, FDD / TAS Interview and Case Study Mini Guide, Corporate Development: My Experiences and Background, Knowledge Sharing: Corporate Development / M&A, Corporate Strategy vs Corporate Development

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

You’re probably right. I would encourage you to try and look up any acquisitions they’ve made before and the rationales for those, to get a sense of their M&A strategy. The case study will probably be on evaluating a potential target, so will be good if you have some evaluation frameworks ready and bear in mind that in corporate development, the target should always be assessed in conjunction with the strategic’s capabilities, footprint and client base, and not as an independent company (I.e it could be a shit company but would make sense as an acquisition due to their technology and client base, or, more often, they could be a really good company on their own but have barely any synergies with the strategic).

On the modelling, don’t write it off as it might still be the focus since this is THE deal execution team. Prepare for LBO modelling (sources and uses - how are we funding it is an important question in M&A), valuation modelling and synergies analysis (identify and calculate revenue and cost synergies).

All the best!

 
Most Helpful

From my experience, the best prep for this type of corporate development/M&A case is similar to management consulting case prep:

  • Use a structured approach: Books like Case in Point by Mark Cosentino or Case Interview Secrets by Victor Cheng are great for practicing frameworks and structuring your analysis.
  • Practice M&A-style cases: Focus on synergies, high-level valuation logic, and strategic rationale along with detailed modeling. Excel is your main tool for analysis.
  • Deck crafting matters: In a 4-hour format, clear, concise slides that tell a story are key—think like a banker presenting to execs. PowerPoint is your main tool for presentation.
  • Rehearse with mentors or peers: Running through practice cases with someone else helps simulate timing and presentation pressure and gives feedback on clarity and assumptions.

Treat it like a mini-consulting case with an M&A lens—analysis + recommendations + storytelling.

 

Quis ad eum reprehenderit ratione illo non cum. Aliquid eius iste deserunt amet deleniti dolores ducimus et. Corporis ut facere nulla enim. Beatae tempora reiciendis qui est.

Itaque hic velit possimus animi labore nobis. Voluptatem fugit est voluptatem officia. Qui sed dignissimos quia tempore.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (77) $151
  • Intern/Summer Analyst (71) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”