24h Case Study for internship
Hi monkeys,
I am currently an undegraduate student and have a 24hour case study upcoming in two weeks.
I already have read multiple threads on WSO for 48hour case studys for entry level positions - however I am expecting things to be a little different since I am just applying for an internship.
Few informations about fund (don't know if this matters for case study though):
- Young Fund (First fund was launched just before financial crises)
- EUR 5bn under management
- Currently 2 active funfs (EUR 1bn (growth fund) and EUR 500m.(special situation))
- Strategy (acquisitions usually financed with low debt rate 20%-40%)
Information from fund regarding case study:
Time Limit:
24hour
1 hour debriefing
Materials:
Info Memo (15-20 pages)
Financials
Goal:
Investment thesis and presentation
Financial Model and Analyses
Any advice (e.g. most important things, required detail of model, lenght of investment thesis) would be massively appreciated
Thanks
Not from EU but had something similar. I would assume a pretty standard case with a relatively simple LBO model. For the presentation, I would have slides focusing on background of case, assumptions, model, results, and next steps if needed. Most important things that they were looking for when I went through this was justification of assumptions and modeling skill. For the model, they didn’t want anything crazy, just the ability to show that you know how to do an LBO.
Holy Shit. I read your post as something saying you needed to create a 15-20 page investment memo on the company and just about lost my shit at how ridiculous it is to ask a PROSPECTIVE intern to do that.
However, I started mapping out a template for you of what would be typical in the industry for people who have done this before. It won't be easy, but I almost guaranty you that if you can follow this template below and not do anything stupid, you'll get the job. You'll be EXTREMELY short on time though, so you need to have the basic template of an LBO model prepared and adjust accordingly for this transaction.
For KPIs you don't want to waste your time formatting shit. Screenshots are fine.
If you run low on time cut out the comparable transactions because those take fucking forever to find and you need bloomberg/factset/capIQ. Not sure what you have access to as a student.
Hello,
Thank you so much for your advice - I really appreciate it and it is definitely helping me prepare for the case study.
However, I would like to apologize as I think my original post was a bit unclear.
-> But I think to stick to your template
Thanks again
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