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some of the questions I got asked by the EBs were much more "one off" questions, rather than straight out of the 400 question bible. Rather than "Can you explain a DCF" it was "What happens to a company's WACC in a stock market crash and can you walk me through your logic on why?"

I also had a somewhat comprehensive case study that covered just about every aspect of that you prepare for, but it was applied in a "real world" setting.

I believe I recently saw a post by VP of an EB confirming that they are gravitating towards more conceptual understanding, rather than rote memorization. I don't know how much an updated study guide will help with this, but it is definitely worth noting the [perceived] shift.

 

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