Have your model tests generally been straightforward 3-statement LBOs with some nuanced line items (think PeakFrameworks) or have you been getting model tests that tend to be completely different from the standard 3 statement LBO’s we typically think of?
Trending Content - Private Equity Forum
| +101 | Cognitive decline | 33 | 20h |
| +88 | Vibe-Working in Finance with AI ? What about you | 34 | 3d |
| +46 | PE VP: Thoughts on Quitting with Nothing Lined Up? | 18 | 12h |
| +32 | Those unemployed in PE 3+ months, how do you make progress every day? | 11 | 2h |
| +13 | How Cooked is Software PE? | 1 | 5d |
| +12 | co-investment / Allocator roles WLB | 4 | 1d |
| +12 | Indian PE Landscape | 2 | 3d |
| +12 | Is it possible to get no comments as an analyst? | 3 | 19h |
| +11 | LMM Startup PE Fund Vs. Tier 2 Consulting Firm | 3 | 5d |
| +10 | Firm Culture in PE | 4 | 3d |
Career Resources
Also curious
I think it really depends on the firm's strategy and focus. For the MM and even LMM PE firms I've interviewed with that are traditional LBO shops, 90%+ of the time I've been given a timed 3-statement LBO or a 3-statement LBO with brief write-up (could be given as long as a day or two). If the firm has more of a value-oriented / distressed bent, or if they target other asset classes, it typically becomes more nuanced (like a few of the tests on prorata.gumroad.com). Software firm modeling tests, for example, will usually require some sort of more complex revenue build to make sure you understand how to do an ARR build.
Bump
Accepted with MM off cycle - many of the MM tests I did were condensed 3 statement models + LBO. All were timed, and none actually required a full BS or CF. Just gotta get down to the numbers you need quickly and efficiently. Would focus on the mechanics of the LBO and making sure you understand how things flow through.
Hic voluptas eius delectus consectetur autem sit nulla. Aut explicabo odio harum aut culpa. Eos reiciendis corrupti nobis aperiam dolor ea quisquam eligendi. Id et ratione pariatur mollitia.
In corporis minus fugit officia. Sed qui quibusdam impedit deserunt nobis laborum. Reprehenderit cupiditate aut enim ut iste aut ullam.
Cupiditate dolorem soluta autem consequuntur illo voluptatem impedit. Et aut sint eum omnis sed. Molestiae maiores ullam at provident. Molestiae nulla laboriosam incidunt officiis minus. Officiis tempore et totam sapiente consequatur et. Sed explicabo soluta vel sunt eaque.
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...