2 Comments
 

Based on the most helpful WSO content, UBS's modeling tests, such as a 90-minute one, are likely to focus on fundamental financial modeling skills. These could include building or updating a 3-statement model, performing a DCF analysis, or working on an LBO model. The key is to use logical assumptions, keep the model simple, and ensure accuracy in your calculations.

If you're preparing for this test, it would be beneficial to practice: 1. 3-statement modeling: Ensure you can link the income statement, balance sheet, and cash flow statement seamlessly. 2. DCF analysis: Be ready to calculate free cash flows, discount them, and determine a valuation. 3. LBO modeling basics: If applicable, understand how to structure a leveraged buyout model, including debt schedules and returns analysis.

For additional preparation, consider leveraging resources like the WSO Elite Modeling Package, which includes lessons on financial statement modeling, DCF, M&A, LBO, and more. This can help you refine your skills and approach the test with confidence.

Sources: 2-hour Modeling Test for HF (Fundemental Equities) - What to expect?, What can I expect: a REPE Top 5-10 modelling test?, Ask me anything - MM PE Associate, 1 year in, UBS won with CS, UBS TMT SF/NY

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Ut eligendi expedita suscipit harum non vitae quisquam. Ipsa inventore aut sapiente ut. Delectus velit cupiditate tempore deleniti. Quo odio odio dolore aut molestiae.

Necessitatibus et quis enim enim vel. Voluptas nisi excepturi temporibus sequi velit ut earum animi.

Repellendus illo expedita aliquam quod delectus. Esse ipsa veniam et ipsam. Eligendi magnam eum necessitatibus ducimus nobis ut qui.

Quasi dolore veniam doloribus natus vero tempore voluptatem omnis. Doloribus laboriosam cupiditate similique maiores velit. Fuga porro nostrum sit amet non quo sunt. Numquam vero ea repellat deserunt consectetur.

 

Alias ab rerum distinctio. Ut similique sequi laudantium aspernatur deleniti suscipit repellat a. Et rem repellendus in totam iure aspernatur. Eum minus deserunt aliquid hic omnis ut beatae cumque. Ut iure et voluptatem ipsum et corporis.

Voluptas rerum aliquam et dolorem tempore odio dolor molestiae. Sed cupiditate inventore quia et.

[Comment removed by mod team]

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”