PE Model Tests

Based on the most helpful WSO content, here are some actionable tips and resources for preparing for your 90-minute PE modeling test:

1. Practice Building an LBO Model from Scratch:

   • A highly recommended approach is to take a blank Excel sheet, select a relatively simple public company, and use its 10-K and a research report to build an LBO model from scratch. Aim to complete this within 90 minutes to simulate test conditions. This method has been highlighted as a great way to prepare for most modeling tests.

2. Leverage WSO's Financial Modeling Resources:

   • The WSO Elite Modeling Package includes courses like the LBO Modeling Course, which is specifically designed to help you master private equity LBOs. This package also provides templates and step-by-step guidance, which can be invaluable for your preparation.

3. Engage with the WSO Community:

   • Users on WSO forums often exchange modeling tests and case studies. For example, a user named "innoutfan" mentioned being open to exchanging a modeling case (including the prompt and Excel model answer). Engaging with such threads could help you access relevant practice materials.

4. Simulate Test Conditions:

   • To ensure you're ready, practice under timed conditions. Focus on accuracy and efficiency, as these are critical in a 90-minute test.

5. Explore Free Resources:

   • WSO offers free financial modeling lessons, including LBO, DCF, M&A, and more. These lessons are taught by experienced professionals and can provide a solid foundation for your test.

If you're looking for specific tests or templates, consider reaching out to the WSO community directly through their forums, as many users are willing to share or exchange resources. Good luck with your preparation!