ER modeling + writing test, am I missing something?
I have an ER modeling test (3 hours) and a writing test (1 hour) coming up early next week.
They gave me a pretty specific description of what to expect and I'm a little confused.
For the model, he said I will be asked to input the missing data from the most recent quarter, and if I can't find a specific data point I should highlight it.
This doesn't sound like it would take 3 hours? Is there going to be additional layers? Is this a trick? He specifically outlined that as what to expect from the model but three hours seems like a generous amount of time for that work.
In terms of the writing, he mentioned I'd be given a press release and be expected to summarize the most important parts of the press release in three paragraphs (this sound a lot like a standard note an Analyst might put out but please let me know if I'm off base there)
Overall looking for insight on the modeling portion as it sounds easy? But I don't want to under prepare.
You’ll probably have to build out the 3 statement model with some form of valuation as well by forecasting beyond the additional quarter.
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