Preparation for 2 hour LBO modelling test
Invited to an AC for a boutique advisory focusing on aerospace and defense (in London). Told that i will be doing a 'simple' 2 hour modelling test on Excel that is likely to be either an LBO or Merger Analysis test. Have only ever done DCFs on Excel before and even though i know the theory behind LBOs and/or Merger Analysis, I have never done one starting from a clean sheet. Any ideas on how complex a 'simple' 2-hour test can be expected to be?
I have some material from my school on creating an LBO but it is quite convoluted. Any advice on what/how I should focus my preparation?
Many thanks. BTW, I have 9 days.