Infrastructure Modeling Tests

For preparing for infrastructure/project finance modeling tests, here are some highly recommended resources and strategies based on the most helpful WSO content:

Courses and Guides

1. Corality's Advanced Project Finance Modelling Course:

   • This is a paid course that is highly regarded for its depth and practical application in project finance modeling.

2. F1F9 Resources:

   • F1F9 offers free materials, including an e-book on model optimization, which is considered on par with expensive paid courses. You can access it here: https://www.f1f9.com/resources/essential-model-optimisation</a">F1F9 Essential Model Optimisation.

3. WSO Elite Modeling Package:

   • This package includes six courses covering financial statement modeling, DCF, M&A, LBO, and more. It’s a comprehensive option for mastering modeling skills.

4. WSO Free Modeling Series:

   • Includes nine free financial modeling lessons taught by experienced private equity professionals and investment bankers. Bonus: 27 financial modeling templates are included.

5. Ed Bodmer’s Project Finance Exercises:

   • A great free resource for project finance modeling exercises. You can explore it here: http://edbodmer.com/project-finance-exercises/a-z-project-finace-on-lin</a>…">Ed Bodmer Project Finance Exercises.

Tips for Practice

• Modeling Tests:

  • Many equity investors and PE funds require modeling tests during recruitment. If you can access past tests, practice building simple models from scratch to improve your skills.
  • Reach out to peers or forums to trade completed cases or tests for additional practice.

• Dynamic Sensitivities:

  • Focus on mastering techniques like utilizing VBA User Defined Functions (UDFs) to solve circular references (e.g., interest during construction and DSRA modeling). This is a skill even experienced modelers may lack.

• Networking for Materials:

  • Engage with professionals or peers in the space. Some individuals on WSO forums are open to sharing materials, including modeling tests they’ve built for recruitment purposes.

If you’re open to trading completed cases, consider reaching out to others in the WSO community via private messages or forum threads to exchange resources.

Sources: Q&A - Infrastructure PE & IBD, Q&A - Infrastructure PE & IBD, Project Finance/Infrastructure in DC, Books on Infrastructure Finance.