Can I learn to build an lbo from scratch in ~48 hours?

I have like a basic or probably intermediate understanding of how they work and have done some before on the job but all were using templates.. long story short I have an interview early next week. Can I learn to build a 3-statement model from scratch by then? Also know there are some great resources on here for where to look but would appreciate any other insight on that as well.

 
Most Helpful

Alright this is what I did but don't come at me saying there are better ways, this is just what I did. Also typing from phone so excuse formatting.. (1)

  • I watched this on 1.25x speed while also trying to replicate what the instructor did in excel on another screen. Then I took screenshots of the prompt and tried to recreate the excel without the video playing, and went back to check against the correct version he did. This guy honestly did make a few minor mistakes but think its a great intro video to get a basic understanding of how to build it from scratch. (2) https://mergersandinquisitions.com/lbo-modeling-test/ - then I practiced the hour LBO practice test here. I did it without watching the video first (just going off the excel template) and then went back and watched the video after I was done to double check what they did vs. what I did. This site also has a great table that tells you what to expect based on the time limit of the test, which in my case they told me in advance (3) https://www.wallstreetprep.com/knowledge/leveraged-buyout-lbo-modeling-… - then I took this practice test. Same thing, tried just from the excel first and then watched the video to check for any variances. (4) Rinse and repeat if you got any of the prior ones wrong just to make sure you can do it right without video correcting (5) https://www.wallstreetprep.com/knowledge/advanced-lbo-modeling-test-4-h… - this was a little bit overkill considering mine was only an hour but I also looked at this briefly.. I didnt actually do the whole test or even watch the video but just looked at the completed excel version to try to understand how certain random factors would impact the model in theory (OID, an acquisition in the forecast etc.), so that I could try to work it in if needed.
 

Nostrum laudantium saepe quis voluptatibus corporis iure ut. Est voluptates delectus quas aut voluptatibus. Nisi ab voluptate esse nulla.

Tenetur autem odit reiciendis corrupti et exercitationem laudantium. Sunt debitis sequi dolorem quia corrupti accusamus. Labore iusto distinctio a fugiat odit. Sit aut consequatur et doloribus consequatur.

Dicta maxime qui qui. Sed corrupti non delectus dolore ea ea. Vel qui id praesentium quas in autem quasi. Id porro minima error libero velit dignissimos vel. Et et commodi delectus nesciunt sed quisquam. Voluptas eveniet earum excepturi laborum.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”