{ "media_type": "text", "post_content": "Very behind on on-cycle prep, should I be expecting 1hr long lbo modeling tests for consultant friendly shops or will paper lbos suffice?", "post_id": "6136b378a245100020d82a05", "reply_count": 3, "vote_count": 3, "bowl_id": "5b7c3919448e9300186d3deb", "bowl_name": "Private Equity and the Buy Side", "feed_type": "bowl" }

Very behind on on-cycle prep, should I be expecting 1hr long lbo modeling tests for consultant friendly shops or will paper lbos suffice?

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For some but most shops will still give an excel test. Also, I found that mastering a LBO helped me become much more fluent in articulating an invesment thesis

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Yes so I only have data points to two funds but I was given an easy excel model test for both in earlier stages

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