30 Minute LBO Test, what to expect?

End of this week I have a 30 minute blank template modeling test and was wondering what should I expect?

I already figured in for the entry valuation/multiples, debt pricing assumptions, operating model and free cash flow projection, then a debt schedule (2-3 tranches), exit analysis.  

It's my first interview/modeling test so I am curious if anyone has tips of what else I should expect? or will it be even more high level then that due to the time frame

6 Comments
 

My guess is something like a paper LBO but a bit more building out of debt schedule and income statement. Likely will tell you a lot of the assumptions so it’s more just seeing if you understand what an LBO model is. 30 minutes is not a lot of time, any real modeling test will be at least 1hr (even then it will still be just seeing if you know how to use excel and build a simple model).

 

Est eos quaerat assumenda ab et nihil. Atque cupiditate nobis expedita consequuntur. Unde nihil corrupti sint.

Commodi perspiciatis error dicta est ut ipsa. Pariatur iste voluptas ipsum aut laborum cupiditate. Eveniet error sed quibusdam praesentium provident eum.

Aut id in consequatur. Quos sunt et fuga est ea quas optio vero.

Career Advancement Opportunities

June 2026 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.1%

Overall Employee Satisfaction

June 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.2%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Starwood Capital Group 98.1%

Professional Growth Opportunities

June 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.3%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • Vista Equity Partners 98.1%

Total Avg Compensation

June 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (98) $365
  • 3rd+ Year Associate (104) $281
  • 2nd Year Associate (235) $272
  • 1st Year Associate (411) $229
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (272) $124
  • Intern/Summer Associate (38) $81
  • Intern/Summer Analyst (355) $62
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

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...”