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WSO Free Modeling Series - Now Open Through
June 30, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
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+Bonus: Get 27 financial modeling templates in swipe file
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I haven't been on a job hunt in years, but in my experience it's pretty standard on the acquisitions/development side. They vary by shop - some just do a quick 2-3 hour in-person modeling exam, others do take home cases (ranging from over the weekend to a week long) where you're expected to build a full/detailed model and either an IC memo or deck and present.
There are definitely quite a few places that don't do any sort of case study and stick to behaviourals and maybe a simple excel proficiency test as well though.
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