Do lateral modeling tests provide a template?
As stated above, looking to lateral and know that many banks have modeling tests. Do they usually provide a template or do you have to build from scratch?
Thanks!
As stated above, looking to lateral and know that many banks have modeling tests. Do they usually provide a template or do you have to build from scratch?
Thanks!
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They provide the entire working model, you just have to fill the historical financials into the labeled boxes.
Wow did not realize it was that simple. What kind of bank?
I was just joking...the point of the exercise is doing the modeling, not typing in the numbers. Modeling tests are more of a PE thing than IB, however in a true modeling test, you'd be expected to create the model itself, not just fill in the financials.
Lmao
I did one where the three statements were mostly built out, then the DCF portion was barebones, and the LBO portion was a blank sheet except for the assumptions they wanted you to use.
Thank you for that, was this for a lateral move? May I ask which bank?
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