‘22/‘23 Virtual On-Cycle Shenanigans
Understand the most recent on-cycle was a mix of in-person and virtual, but how true is it that you’re able to get outside help during a virtual case study? Saw some questionable offers be given out by MFs, and it turns out that those firms ran virtual, offline case studies for 1.5+ hours and made an offer based on that. What’s stopping anyone from just hopping on a Zoom with some friends to knock it out, especially when the process is so quick and superficial?
Pretty true tbh - the reality is no one has 1.5-3 hours to sit on Zoom and babysit each candidate (and even if you do, they can email it to someone and correspond with them without saying anything) and it's a lot of coordination to get all those people into the office if you want to do it in person
Really though, the case study is just a check the box thing - much like technicals for IB. Yeah you need to know how to do an LBO model, but anyone who has done 2yrs of banking either can do that, or hasn't put the time into practicing but can figure it out when they get to PE.
The firm should be digging into your deals which is the real indicator of experience/know-how
Atque perspiciatis molestiae ipsam rerum et vero est. Occaecati eum ut asperiores nisi fuga sapiente earum. Laborum quisquam soluta vel et. Nihil a unde non aut voluptatem nihil ipsum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...