Work through real case studies, drill interview questions with flashcards, and follow a step-by-step learning path — built for Accounting, Valuation, M&A and Private Equity.
Your learning path
Pick a topic and work through its modules in order, from the basics up to advanced concepts.
Apply what you've learned to case studies modeled on real finance interviews.
Lock it in with spaced-repetition flashcards that track exactly what you've mastered.
As a private equity fund analyst, you are asked to walk through how a distribution waterfall works — comparing the European (whole-fund) and American (deal-by-deal) waterfall structures, explaining the GP catch-up mechanism, and identifying when a clawback provision is triggered.
Read more →
AdvancedAs an associate at a private equity fund, you are evaluating a secondary buyout: acquiring a portfolio company from another sponsor that has already owned it for five years. Quantify what the first sponsor earned, determine what you can realistically earn as the second sponsor, and explain why a second sponsor can rationally pay a higher entry multiple than the first.
Read more →
AdvancedAs a private equity associate at a value-oriented turnaround investor such as Aurelius, you have just signed the carve-out of an underperforming industrial business, and the investment committee wants the operational improvement plan quantified. Walk me through how you would size the working capital release, the procurement savings, the headcount reduction and the pricing action, then translate that plan into an EBITDA bridge and an equity return.
Read more →
Create a free account to save your progress across cases and flashcards.
Tips for safely preparing for interviews and financial tests.
Everything you need to know to excel at PE interviews.
DCF, multiples, LBO — learn the key valuation methods.