Modelling test map for your target firms
Banks, private equity funds and corporate development teams test modelling in very different ways: a paper LBO in a first-round interview, a one-hour LBO on a firm laptop, a three-hour build from a case pack, or a take-home case due in a few days. Knowing which format each firm on your list uses tells you what to practise first and stops you spending a month on merger models for funds that only ask for a paper LBO.
First tasks
- List every firm and role you are applying to in one sheet
- Ask two alumni or analysts which modelling test each firm used last season
- Mark each firm as paper LBO, timed build, take-home case or unknown
- Choose the format that covers the most live processes and practise it first