2-Hour Final Round REPE Interview – Should I Expect a Modeling Exam?"

I'm currently in the later stages of recruiting for an Acquisitions Analyst role at a small REPE firm. I've already had interviews with the VP and MD, and my next interview is a 2-hour meeting with multiple members of the team. The email invitation didn't mention a modeling test or any technical assessment.

For those who have gone through REPE recruiting, do firms typically tell candidates in advance if there will be a modeling exam, or is it common for a modeling test to be incorporated into an interview without prior notice?

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