Gents - I have a 3 day take home I need to do over the course of the next weekend.
Could I get some advice on how to structure my arguments? How did you guys do to get that PC ASO role? I can model just fine, just need some perspectives. I looked around on WSO for a bit but couldn’t really find that much info.
All info appreciated.
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Based on the most helpful WSO content, here are some tips and advice for structuring your arguments and preparing for your take-home credit case study:
Logical Structure:
Framework Development:
Practice and Feedback:
Professional Development:
Resources:
Case Competition Tips:
By following these structured approaches and utilizing the recommended resources, you can effectively prepare for your take-home credit case study and improve your chances of securing the PC ASO role.
Sources: What did you wish you knew when entering consulting recruitment?, Case study interview for MBB consulting - 24 of my best tips on how to get in, Case Prep, Q&A - Consulting interview prep - firm specific questions, Q&A: Recent graduate starting at MBB soon
Every section should tie into your thesis. For example, you're looking at a stressed name and your thesis is that they won't make their upcoming mtys for XYZ reasons so you like the bonds as a short. Your business description section should describe what they do but also show how they are declining - why they're declining... maybe it's a secular or cyclical decline and how that impacts financials liquidity instead of just here is what XYZ business does. Valuation - show how earnings are declining and therefore it's an over-levered business at the new normalized number, so not only does the create looks expensive but also it'll be difficult to refi/get new money unless it's XYZ paper which won't work maybe due to covenants/unsustainable cap structure (this also makes a stronger case for a short).
So instead of looking at each section in a vacuum, tie each section to your thesis. Each section should be an argument for your thesis vs just providing blanket information to the reader.
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