Hi everyone,
I just made it through first rounds with Evercore in London and they told me the final stage will include a technical case study. I’m a bit nervous because I come from a non-target school and my only internship so far was in corporate finance at a mid-sized manufacturing firm, not in investment banking.
I’ve practiced DCFs and LBOs on my own, but I’ve never had to do one under time pressure in an interview setting. I’ve read some places that Evercore tends to push candidates hard on sell-side style case studies, where you have to analyze a CIM and come up with valuation ranges, but others say it’s more like a standard modeling exercise with a 2-3 hour time limit.
For those of you who actually went through the Evercore process, how detailed was the case (full model, or just high-level valuation)? And did they care more about the exact numbers or about how you explained your assumptions?
