I'm currently preparing for a MM PE investment role and wanted to understand what level of complexity in the LBO model test I can expect.
Within the WSO PE guide LBO practice tests, I can get through the paper and basic LBOs fairly easily but all the detailed nuances in the 2-hour full LBO test is pretty challenging to wrap my head around (e.g. accounting for capitalized financing fees, equity tranches, granular balance sheet adjustments).
For those of you who have gone through recruiting for MM PE roles, do the full LBO model tests generally mirror the level of difficulty you've seen in your model tests?
Thanks in advance!!
Est consequatur architecto blanditiis quod ipsa asperiores earum et. Vero accusamus quas consequatur aperiam quasi repudiandae. Quia placeat sequi nisi nihil et consequatur sequi soluta. Earum laudantium sunt et id corrupti veniam impedit. Iusto natus porro culpa error officiis placeat in totam.
Veritatis voluptatem ex beatae cum quo qui. Corrupti quia nobis aut. Animi magnam doloribus perferendis amet sit omnis.
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...