Build the model. Get graded line by line.
Fresh finance, investing and consulting cases, with adaptive drills and feedback on the reasoning behind every answer.
How it works
Drill it. Then say it.
The deal, in four sentences.
A firm buys a company using mostly borrowed money, the company itself carries that debt, and the cash the business earns pays it down year by year.
Five years later the firm sells, and what it gets back is the sale price minus whatever debt is left.
So there are three ways to make money, and each case asks what they are worth on one deal: grow the profits, pay down the debt, or sell at a higher price per dollar of profit than you paid.
The first two are work; the third is mostly luck, and counting on it is how people lose money.
One easy question on what you just read.
Watch a model move: change one driver, see every line it touches.
A DCF, in two sentences
A DCF values a business as the cash it will hand its investors in the years ahead, each year's cash discounted back to today at the return those investors expect, the WACC.
Add a terminal value for every year after the forecast, take off the debt, and divide by the shares to get a price for each one.
A merger model, in two sentences
A merger model asks what buying another company does to the buyer's earnings per share, once you count the new shares, the new debt and the cash spent.
If earnings per share go up the deal is accretive, if they go down it is dilutive, and the model says how much in cost savings it would take to break even.
The words, in learning order
Next steps
Pick a case to build.
One Excel file: brief, blank sheet, worked answer.
What else should it test?
Each adds a step to the brief. Unticked items are not graded.
Practice on a real deal.
Enter figures from a press release or filing. We build and grade it like any case.
Paste from your AI
Give your AI this prompt and the filing. Paste its JSON below. Nothing is sent to an AI from here.
Drills
Mental-math mechanics, checked instantly.
Lesson
Say it out loud.
Marked on the points you make, not your words.
Mock interview.
Questions, follow-ups, then a scorecard.
Open the case well.
Clarify the objective, build a tailored framework, and make the recommendation.
Ask what you need before you build a structure, one question per line. Three to five is plenty. You are graded on how much of what you need you actually get.
Lay out three to five buckets, each with a question or two indented under it, and say where you would start and why.
A candidate gave this structure. What is the one thing wrong with it?
The partner walks in: what do you recommend? Answer first, back it with the findings that matter, name the risk and a next step. Two minutes, under 150 words.
Trade the uncertainty.
A timed arithmetic and probability screen, followed by a five-round market-making game.
Once the placement screen is done, isolate one decision skill at a time.
Who needs what.
One row per graded student. Stays in this browser.
Grade a model.
Any LBO, DCF or merger model, any layout. We mark the formulas, not just the figures.
How grading works
- Our case: marked against its answer key. Any other model: checked for consistency, plus a deal read for an LBO.
- Only what the brief asks for is marked. Extra work never costs you.
- Formulas are marked, not outputs. A right formula fed a wrong input is not counted against you.
- Wrong lines and missing lines are reported separately.
- Signed out, nothing is stored. Signed in, only the score.
Pick a clock.
Answers stay sealed in the file. The clock stops when you hand it in.