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June 30, 2026
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If this is for the academy:
1) it isn’t a stock that you do the case study on. It’s about 2 fictional companies.
2) it’s generally non technical, moreso a 400 word report going over concepts.
3) process after is HR interview and then academy coach rounds. The latter part varies. My friend got an offer after one round and others did 3-4+ and didn’t get one.
surprised they’re still open tbh, p sure they only make 4 offers and it’s been a while.
It's not for the academy. Im applying with 4y of experience from another HF. I had 1 HR interview, 1 PM interview, then separate wonderlic test and stress test (M&A). According to PM this is the last step, but thinking of any further interviews with more senior ppl
I applied for the academy, and got the same thing. Case study on a publicly traded company
Sorry what was the stress test like for M&A, not sure I follow what that is
I've been asked to solve a case study with the same structure, could you pm me? I'd be very happy to know how to structure it (for instance, did you do a pitch why buy one or a confrontation between the two? how many slides did you make?...)
Alrt I'll PM
Hey I am on the same boat. Are you open to DM for further discussion?
I've done one in the past as an analyst lateral. There's really little instruction, which is probably done on purpose. They give you a company and ask you to make a recommendation. In some cases, they'll ask you to touch on specific questions about the company. I submitted an investment memo that was in the 30-40 page range and a model to support my thesis, which included a number of scenario analyses.
Debrief was scheduled for an hour and bled into 1.5 hours and included an analyst who know the name well and the hiring PM.
Interviewed with head of equities after that, then got a verbal and eventually written offer.
Did you end up getting it? that seems like a hell of an amount of work
Yes I did, but I had multiple offers and decided to pursue a different opportunity.
I used the idea to make money in my other role, and the analyst who interviewed me became a good friend and reference for a future opportunity as well, so it certainly ended up being a productive activity at the end of the day.
How long from verbal to receive written offer?
Wow 30-40 pages? I’m guessing mostly consisting of in depth analysis?
I'm currently in a process for the London office. Have just been informed i will have 2 weeks (given Christmas and new years in between) to do it. Could you give me some guidance on what to focus on / expect to do on the CS. Would love to have a chat if possible.
I'm currently scheduled for a similar case study round - is there any resource I could leverage to practice such a case study as I've never done a round like this before. Are you available for a quick chat?
For me the same, how did it end up for you?
do you they give you the ticker of a publicly traded stock and you just have to write up a report w/ a model?
More or less. I think some PMs got a little more exotic but this was my experience. More than likely going to be a company in the sector that you’d be covering and you should be able to comp them to the subsector and have trade ideas.
Im starting next week with the case study. What would be your general advise, e.g key points to focus on?
Is the pod you're interviewing for based on Florida?
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