What is your opinion on asking candidates to present a case study as part of the interview stage? I have mixed thoughts on this- I feel like it's almost asking for free labor from the candidate, but at the same time a good way to understand if the candidate knows what they're talking about. I'm personally not a fan of this though.

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I prefer live cases, similar to what I used to do in consulting.

The take home case study is in fact basically a work sample but there’s a few problems:

1. Unless you have a short time limit or monitoring, you can’t verify who actually did the work or if it was reviewed by someone else

2. People have access to different tools and data sources (e.g. equity research, capital IQ, research databases, professional AI, slide and excel macros)

3. People will spend different amounts of time in this. If I want to measure capabilities, a person on a 70 hour CDD or an investment banker might be more capable than the person at a 40 hour per week small company job, but they have less time to devote. The counter argument is that regardless of time commitment, the framing and insight will show up from the people in the first 2 jobs.

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all great points- thanks for sharing

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