Interview at CBRE and have to take test, advice?

jaanders's picture
Rank: Monkey | 64

Hello, I have to take a test for an interview as a financial analyst at CBRE. Does anyone have any advice on what is asked in the test? It's a "real estate and finance" test, while I'm comfortable with both areas, this is a very broad description and I was hoping someone could help me narrow down what I should refresh myself on. Thanks!

Comments (67)

Jul 12, 2016

What asset class does the group cover? That will help us narrow down what might be on it.

    • 1
Jul 12, 2016

Investment properties - commercial real estate. Is that specific enough?

EDIT - they also advised the test should take 1 hour.

Jul 12, 2016

Not really, it is likely a modeling test. It will likely be an apartment or hotel model where they ask you to model certain major metrics. I'll pm you a multifamily one.

    • 6
Feb 27, 2017

Hey can you post the test you took?

    • 2
Best Response
Jul 12, 2016

Make sure you refer to them as "The Big Green Machine" at every opportunity. Guaranteed bonus points.

    • 13
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Jul 12, 2016

The test will involve questions in regards to calculating CAPs, IRR's, and other PV/FV questions. It will also most likely comprise of a small case study at the end and require you to write an analysis on it. I'm sure there are a few variations of it, but these sections will be the core part of it.

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Jul 12, 2016

Thanks for the information. Do you know of a case study that should be similar to what I'll test on?

Jul 13, 2016

NA

Jul 12, 2016

Apologies if I am piggybacking on this thread but are these types of tests feasible for someone who has no analytic experience, no RE experience but has a CRE financial certificate from a CCIM financial course?

(Yes, I am referring to myself but may pertain to others)

Jul 14, 2016

HandsOfMidas what did the course generally cover? I would assume since this came from CCIM it went over cap rates (entry and terminal), IRR, PV of cash flows & FV, NOI, ect. If that's the case then you should be able to navigate that kind of test.

If you're interviewing for a financial analyst position with a brokerage (also note CB does more than just sell and lease shit, they also manage investments/properties so the analytical work can get much more extensive depending on the group your interviewing for inside CB) then a basic understanding of the fundamentals is what they're looking for, you can build and teach on that.

Jul 14, 2016

@TheCREHermes the course was 101 Financial Analysis. It did cover cap rates (not sure entry/terminal), IRR, PV of cash flows, FV, and NOI. However, they never broke down the equations, so I was essentially using my financial calculator's PV, IRR, FV etc. buttons.

Jul 14, 2016
HandsOfMidas:

@TheCREHermes the course was 101 Financial Analysis. It did cover cap rates (not sure entry/terminal), IRR, PV of cash flows, FV, and NOI. However, they never broke down the equations, so I was essentially using my financial calculator's PV, IRR, FV etc. buttons.

Honestly, 99% of the time you will never use the equations anyhow and the fact that you can do the problems on your HP12C (in addition to Excel I assume) makes you more than capable.

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Jul 14, 2016

Thank you for the response(s)!

Jul 14, 2016

100% agree with CRE on 99% it is not used in that most of the time I already have some sort of model made for this. What's important is to understand how these formulas work and their different parts. This really helps when you're evaluating someone's cash flow model and if somethings broken/wrong and you can quickly fix it.

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May 16, 2017

do you go in the office to take the test or is it an online module?

Jul 14, 2016

OP make sure to ask what your cut is going to be

Jul 15, 2016

Is your test with the Financial Consulting Group or a brokerage team within CBRE?

Nov 4, 2017

I have an assessment test for the financial consulting group coming up on nov. 17, 2017. Any tips for studying?

Please DM me for specific criteria on the assessment.

Nov 5, 2017

I don't know what's on the test. I always saw kids in the conference room be given a test on paper and a financial calculator. Probably very standard finance and real estate concepts.

Jan 24, 2018

Hi @brandon123, did you take the test? Can you pls share some information?

Jul 26, 2016

@jaanders Did you take the test? What was it on?

Mar 28, 2018

Theres some good content on the REFM website, you have to pay for it but it is asset class specific and walks you through all the steps

Apr 2, 2018

Have to take a financial assessment test for the financial consulting group, described to me as basic math functions related to real estate that can be performed on a financial calculator. Any insight on what the questions actually were would be huge.

Apr 2, 2018

I assure you it will cover at least the following: Cap Rates, Debt Payments (Interest & Principal), NPV, IRR (Levered/Unlevered). Did they say it will have to be performed on a financial calculator or in Excel?

Apr 3, 2018

Financial Calculator, I wish it was excel.

Apr 5, 2018

It's tough to find a salary range for the FCG analyst position online. Does anyone have any insight?

Jun 18, 2018

When I interviewed I believe they said 48-50k

Oct 14, 2018

Jesus Christ man, and no wonder the people in the other thread about why so few get into RE were alluding to the pay.

Oct 18, 2018
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May 14, 2019
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