3 Comments
 

Based on the most helpful WSO content, for a 90-minute model test, it's unlikely you'll be tasked with building a full 3-statement model from scratch. Instead, you should expect something more streamlined, such as a basic LBO build. These tests typically focus on your ability to create a straightforward Sources & Uses table, build out assumptions, and construct a debt schedule.

If you're preparing for an LBO, make sure you’re comfortable with: - Setting up a simple and intuitive template. - Memorizing key debt schedule formulas. - Running basic sensitivities (e.g., IRR or MOIC based on leverage or purchase price).

If the test leans towards a 3-statement model, it will likely be a simplified version, focusing on logical assumptions and key metrics rather than a detailed operating build.

Sources: 2-hour Modeling Test for HF (Fundemental Equities) - What to expect?, Help with 3-Statement Model Test, Guide to Lateraling in 2021, Ask me anything - MM PE Associate, 1 year in, Preparation for 2 hour LBO modelling test

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Corrupti quis sint labore. Quidem minus pariatur laborum reprehenderit. Ipsa quo vitae ea aut.

Quo sit eos quisquam quis. Dicta et unde doloremque alias quo reprehenderit dolorem.

Quidem odio saepe ut rerum. Consectetur nostrum est voluptas minima. Expedita dolores sint mollitia blanditiis. Saepe voluptatum iusto quia.

Career Advancement Opportunities

October 2026 Private Equity

  • Blackstone Group 99.6%
  • The Riverside Company 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.2%

Overall Employee Satisfaction

October 2026 Private Equity

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

Professional Growth Opportunities

October 2026 Private Equity

  • Bain Capital 99.6%
  • Blackstone Group 99.3%
  • The Riverside Company 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.2%

Total Avg Compensation

October 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (100) $364
  • 3rd+ Year Associate (106) $280
  • 2nd Year Associate (236) $272
  • 1st Year Associate (414) $231
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (273) $126
  • Intern/Summer Associate (40) $79
  • Intern/Summer Analyst (357) $61
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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
98.8
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...”