PE Interview Modeling Test

Based on the most helpful WSO content, here are some insights regarding remote modeling tests for PE interviews:

1. Remote Modeling Tests:

   • It is common for firms to administer modeling tests remotely, especially if you are interviewing from out of state. This allows firms to assess your skills without requiring you to travel.

2. Using Your Own Template:

   • Typically, for modeling tests, you are expected to start from a blank Excel file. This means you won't be able to use your own pre-built templates. The goal is to evaluate your ability to build a model from scratch and demonstrate your understanding of the underlying financial concepts.

3. Administration of Tests:

   • Modeling tests can be administered in various ways. You might receive a prompt via email and be expected to complete and return the model within a specified timeframe, often 24 hours. Alternatively, you could be placed in a virtual room with a set time limit to complete the task.

4. Preparation Tips:

   • Familiarize yourself with building models from scratch.
   • Practice common financial models such as DCF, LBO, and 3-statement models.
   • Ensure you understand the key financial metrics and how to derive them.

For more detailed experiences and tips, you might want to explore specific threads on WSO related to modeling tests and case studies.

Sources: Case Studies & Modeling Tests: How Exactly Are They Administered?, Any tips for job hunting out-of-state?, Modeling as a professional vs. as a student, Q&A: Barclays IB to MM Private Equity, Modeling at work vs modeling tests