Private Equity and LBO Modeling Training Course

Private Equity and LBO Modeling Training Course

Andrew C.

Are you planning to interview for private equity jobs in the near future and are nervous or anxious about the LBO modeling test during the interview?

Private equity firms typically require candidates to take a financial modeling test as part of the interview process, where candidates are asked to build a working LBO model under time pressure, analyzing a company / potential investment opportunity.

The stakes are high, because compensation for private equity associate positions can be very lucrative — often ranging from $200,000 – $350,000 or more annually. That’s 4 – 7x the national household median income by the time you are 24 or 25 years old.

The good news is nailing the LBO modeling test is a highly trainable skill. Unfortunately, many Wall Street LBO modeling courses cost thousands of dollars for a couple days of classroom instruction. 

But our Private Equity Training Videos provide the same hands-on, step-by-step training — at a fraction of the price — on how to build both complex and rapid-form LBO models that the live classes offer. Moreover, there’s no risk of “falling behind” in our course, because you can watch and learn at your own pace and review our examples as many times as you need to develop a strong understanding of how to model PE transactions.

Our LBO modeling course provides tactical knowledge and training on how to nail your LBO modeling test, making it the perfect solution for candidates who have no previous private equity experience, as well as candidates who are looking for a PE modeling refresher.

Our videos will show you how to:

  • Think intuitively about the mechanics of LBO finance
  • Model leveraged buyouts efficiently in Excel
  • Communicate your results effectively with a PowerPoint presentation

All of our training video packages grant you access to all the videos in that package for 1 full year.

 

Check out our Private Equity Training Videos!

Check out our course syllabus below and watch the first training video here!

We also offer LBO + DCF discount combo packages.

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New 3 Statement and Discounted Cash Flow (DCF) Financial Modeling Online Training Videos

New 3 Statement and Discounted Cash Flow (DCF) Financial Modeling Online Training Videos

Andrew C.

 

Looking to break into investment banking? Anxiously preparing for corporate finance interviews? Want to jump start mastering financial modeling so you can hit the ground running in your new job?

The stakes are high, because salaries for entry-level analysts and associates in banking and finance are lucrative — often $110,000 – $230,000 or more annually when combining base and bonus. That’s 2 – 5x the national household median income coming straight out of college or grad school.

Succeeding in finance requires strong analytical skills in analyzing and valuing companies. This demands a strong understanding of the mechanics and business judgment involved in modeling financial statements and discounted cash flows.

The good news is: financial modeling and discounted cash flow (DCF) analysis are highly trainable skills. The bad news is: Wall Street modeling classes can cost thousands for just a one-day class.

That’s where our training videos come in. 

Using a well-known public company as our case study — Chipotle Mexican Grill — our 3 Statement and DCF Modeling Video Training Course provides hands-on, “roll-up-your-sleeves,” step-by-step training — at lower cost than competing courses.

We teach you how to build fully integrated financial and valuation models, just like the live classes. But there’s no risk of “falling behind,” because you can learn at your own pace and watch our examples as many times as you need to master financial modeling.

Our training videos focus on critical tactical knowledge and skills, making it the perfect solution for fast learners with no prior finance experience, or experienced candidates who need a financial modeling refresher.

We will teach you how to:

  • Build a fully integrated 3 statement financial model in Excel
  • Build a DCF analysis using both perpetuity growth and EBITDA multiple methods
  • Build detailed supporting schedules linking back to the 3 statements
  • Analyze a public company 10-K filing to efficiently extract data needed for your model
  • Troubleshoot your model accurately and efficiently when accounts don’t balance or reconcile
  • Understand key concepts related to depreciation, amortization, goodwill, circularity, unlevered vs. levered cash flow, terminal value, weighted average cost of capital, capital asset pricing model, and enterprise vs. equity value
  • Think intuitively about financial statement mechanics, analysis, and corporate valuation
  • Model very efficiently using Excel shortcuts
Watch 3-Statement and DCF Modeling Training Videos Now

Check out our course syllabus below and watch the first financial modeling training video here for free! We’ve now also made our second training video free as well.

We also offer DCF + LBO discount combo packages.

 

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Paper LBO Model Example: How to rip through a paper LBO in 5 minutes

Paper LBO Model Example: How to rip through a paper LBO in 5 minutes

Andrew C.

Alrighty campers. Today, I’m gonna teach you all about paper LBOs.

I’ll show you how to develop a gut instinct for whether a PE deal is attractive or not.

If you follow along and practice a few times on your own afterward, you’ll soon develop an instinct within 5 minutes of looking at a deal / company.

Why is this important?

Because you WILL be asked to do this on the fly in interviews by just about all PE firms.

So developing this instinct and judgment on your own and searing it into your brain is critical. Read more →

Welcome to the Official Private Equity Interview Guide

Welcome to the Official Private Equity Interview Guide

Andrew C.

Our new Private Equity Interview Guide teaches you step-by-step strategy, technique, and mindset of the distinctive private equity / venture capital job interview candidate. It provides a clear step up in comprehensiveness and quality over typical finance careers websites and buyside investing blogs because of its focus on:

  • Recruiting at the hardest, most elite private equity firms in the world: Bain Capital, TPG, Blackstone, Carlyle, GS Capital Partners, KKR, Warburg Pincus, Apollo, Clayton Dubilier & Rice, Huntsman Gay, Golden Gate, Silver Lake
  • Candidates with no previous buy-side experience, with or without investment banking experience, or no formal finance training at all
  • Hard, complex investment scenarios / questions – not vanilla questions found in commercial corporate finance prep guides
  • How to think flexibly on your feet in difficult interview situations
  • Key insights about the mindsets and motivations of private equity interviewers
  • In-depth breakdown of structure, format, and questions asked by brand-name, blue-chip LBO firms, and general advice for venture capital / growth equity interviews

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Private Equity LBO Modeling Tests: The Interview Presentation, How to Practice, and How the Test is Evaluated

Private Equity LBO Modeling Tests: The Interview Presentation, How to Practice, and How the Test is Evaluated

Andrew C.

Let’s continue our conversation (from the last post) about the private equity LBO modeling test. The LBO modeling test is used by many, perhaps most, PE firms both large and small as part of the interview process to test 3 things:

  • Finance knowledge
  • Excel modeling skills
  • Executive presentation / communication skills

This is a short series that covers the “who” and “what” of the LBO modeling test, the specific components of the LBO modeling slide presentation, delivering the oral presentation to your interview committee, how to practice for the LBO modeling test, and how the modeling test is evaluated in the context of other recruiting considerations.

This post is about how to deliver the oral presentation of your investment thesis to the interview committee, how to practice for the LBO modeling test, and how the modeling test is evaluated in the context of other recruiting considerations. You can see other posts in this series here:

In the last post, I covered the specific components of the LBO modeling slide presentation. Next comes the oral presentation to the investment / recruiting committee.

Read more →

Private Equity LBO Modeling Tests: Key Components of the LBO Modeling Test Presentation

Private Equity LBO Modeling Tests: Key Components of the LBO Modeling Test Presentation

Andrew C.

Let’s continue our conversation (from the last post) about the private equity LBO modeling test. The LBO modeling test is used by many, perhaps most, PE firms both large and small as part of the interview process to test 3 things:

  • Finance knowledge
  • Excel modeling skills
  • Executive presentation / communication skills

This is a short series that covers the “who” and “what” of the LBO modeling test, the specific components of the LBO modeling slide presentation, delivering the oral presentation to your interview committee, how to practice for the LBO modeling test, and how the modeling test is evaluated in the context of other recruiting considerations.

This post is about the key components of the LBO modeling test presentation. You can see other posts in this series here:

In the last post, I covered what you are expected to show when you present your findings to the interview committee. But what should you cover in each of the specific components of the LBO modeling slide presentation?

Read more →

Private Equity LBO Modeling Tests: Who gets them? What are they?

Private Equity LBO Modeling Tests: Who gets them? What are they?

Andrew C.

Let’s talk a bit about the private equity LBO modeling test. The LBO modeling test is used by many, perhaps most, PE firms both large and small as part of the interview process to test 3 things:

  • Finance knowledge
  • Excel modeling skills
  • Executive presentation / communication skills

This is a short series that covers the “who” and “what” of the LBO modeling test, the specific components of the LBO modeling slide presentation, delivering the oral presentation to your interview committee, how to practice for the LBO modeling test, and how the modeling test is evaluated in the context of other recruiting considerations.

This post is about the “who” and “what” of the LBO modeling test. You can see other posts in this series here:

Read more →

How Do You Get a Private Equity Job? (Series)

How Do You Get a Private Equity Job? (Series)

Andrew C.

The Recruiting Process for Private Equity Jobs 

Let’s talk a bit about the recruiting process for private equity jobs end-to-end.

Big mega-cap PE funds like Blackstone, Carlyle, and TPG have hiring needs that are pretty stable and predictable, and the recruiting pools for talent are well-known. Consequently, they have a fairly standardized process not unlike the recruiting process you would find in bulge-bracket investment banks or brand-name consulting firms — it’s just at an order of magnitude smaller scale.

By contrast, middle-market and smaller PE shops and specialty firms may have more extended processes or take longer to make decisions.

Part of that is because they are waiting to see who is left over after the mega-cap funds have had first pick of the litter (as they tend to enjoy given their prestige), and part of the reason is also because their hiring needs are less predictable and uniform year-to-year. One year they might hire 4 associates, another year 1, and another year none at all.

I’m going to spend the next few posts talking about the who / when / where / how of landing a private equity job.

You can read all the posts in the series here:

Read more →

What Do Private Equity Investors Actually Do?

What Do Private Equity Investors Actually Do?

Andrew C.

There are four basic things private equity investors do to earn money.

  • Raise money from Limited Partners (LPs) like pension and retirement funds, endowments, insurance companies, and wealthy individuals
  • Source, diligence, and close deals to acquire companies
  • Improve operations, cut costs, and tighten management in their portfolio companies
  • Sell portfolio companies (i.e., exit them) at a profit

Let’s look at each of those things in turn.

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