WTF will OCR expectations for incoming A1s be???? #thisisabsurd #crisis
Incoming first year currently having a slight crisis about OCR.
What are the expectations for LBO case studies? I've heard everything from no LBO test to your standard 3 hour LBO test during last year's OCR. This range makes it very frustrating to prepare.
Generally, will the LBOs have components like drawing from revolver, dividend recap, excess FCF sweep, add-on acquisitions, etc? How high will the expectations be if OCR kicks off as early if not earlier than it did last year?
Also, are we expected to talk about deals we did as an intern? I am doing my best to prep, but I don't have access to my work computer (still taking series exams lol) to study the deals I was staffed on as an intern.
Feeling very overwhelmed and the more I prepare, the more I realize just how little I actually know. I've managed to grind through paper LBOs, basic behaviorals / technicals, and make a list of opportunities that interest me and their corresponding HH, but no matter how much I do, it feels like I'm behind.
Thanks in advance, I appreciate any and all guidance through this shitstorm!
Bump— in a panic!
Stop being such a hardo and chill out my god.
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