Thanks a ton Inquisitor. (I am so sure this is not your real name )
Ruchir

I was also asking from a case study point of view. I am imagining that he may give me a case study like how they do in consulting interviews. In that case, what would be a potential way of plodding him.

-Interviewer generally looking to see you have good deal experience, know all the financial basics that you learned in banking and can think through and make rational investment recommendations based on logic. But honestly fit goes a LONG way, especially at smaller places.

-I would start with an overview of your recommendation (invest/no invest) with a few brief points on why/why not. Then go into what the business does, the market/industry overview, management, competition and financial overview with valuation if you have comps etc. Present a model that shows potential IRRs from the investment (keep it simple). And finish off with your conclusion and re-iterate the points you made at the start.

My email is inquisitor@mergersandinquisitions.com

i wanted to understand the following:
- What is the interviewer looking out for - i understand he would like to see me do some analysis, mathematical knowledge, inquisitive thinking and honestly some smart questions
- What is the structure one should follow in such interviews. My personal structure is to go into Management, Business and the Industry and try and get out the unique things about the business and subjective reasons for investing. For the objective part ie valuations try and understand the comps, if he has the data ofcourse.

Does this make sense? Also do mail me your email id.

Cheers,
rj

Unfortunately I don’t have much in the way of sample case studies… that’s one thing I’m working on for the site but probably won’t be ready anytime soon.

Generally it’s pretty basic - usually a CIM or something similar on the company, then you recommend an invest or no-invest decision. There’s not much more to it than what I wrote above. If you have more specific questions feel free to email me.

just got a call for a PE interview and i am told that they have case studies… any idea or sample or case studies that you may have.. will be very helpful

regards
ruchir

Once I finish up in June, though, I’ll be devoting a lot more time to this and will be announcing some exciting stuff come August or so!

This is a really good post… i am really finding it useful… hope the guide is coming out soon. i can help you out with building a model… let me know..

cheers,
ruchir

I’d like to but unfortunately I don’t know as much about equity research… perhaps I’ll have a guest writer cover this.