How difficult is it to learning the PE modelling tests for oncycle PE recruiting as a first-year analyst? Incoming FT at a top NYC EB and wondering if this is something I should learn on the side before hitting the desk this summer.
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Modeling not that hard if you’re quantitatively minded. What’s harder is being able to talk intelligently about a business/deal which requires reps
Agree, once you understand the mechanics, making the link to the business model is a good skill to develop.
Agree with the above posters, but the answer to your question is yes. You should absolutely learn how to do it from blank excel to 3-statement model with LBO within 2 hours (though some tests are templated). The recruiting calendar can be unpredictable but each year it typically happens very early into the analyst stint, so it'll be valuable for you to start practicing early.
has this years recruiting kicked off yet? for class of 2020 guys
f
uh oh...
Not till the fall from what I heard.
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