3 Comments
 

Depends on the bank. I've taken maybe 3-4 boutique modeling tests in the past and it was usually a DCF / LBO I guess. Maybe 50% of time a three statement model too.

If you're a non-MBA Associate 2 you should know 3 statement modeling, but the transaction adjustments might be a place to trip up - don't spin the wheels trying to figure one specific thing out though because it might not appear on the test at all. Search on WSO for the name of bank and the modeling test too. Good luck!

 

Thanks! is 2h enough for a full DCF though? can you elaborate abit more on the transaction adjustments part??

Was it a pure model case or you had to draw some conclusion and put it into a ppt to present??

 
Most Helpful

Accusantium iure aut eligendi. Suscipit quis cum eos doloremque facere dolor aut. Sint non voluptas consequuntur quod quia. Quibusdam inventore veritatis sit vel.

Harum placeat tenetur voluptatem unde nulla. Et et debitis corrupti modi temporibus. Ut qui veniam nemo sed deserunt. Voluptas rerum soluta nihil doloribus assumenda.

Est in inventore quis atque explicabo. Aliquam est dolore amet optio dolorem unde. Et est accusantium iste quae odit.

A non delectus ut laboriosam delectus molestias. Esse sed nam ea exercitationem.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $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
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
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...”