Modelling Test
Hi all,
I have an hour modelling test with RBC soon - has anyone done it before in LN?
Would love to get some insights
Thanks for helping in advance
KR
Hi all,
I have an hour modelling test with RBC soon - has anyone done it before in LN?
Would love to get some insights
Thanks for helping in advance
KR
Career Resources
Based on the WSO Dataset, the modeling tests at major banks like RBC typically involve a variety of financial modeling exercises. While the specific details of the RBC modeling test in London (LN) aren't explicitly detailed in the provided context, we can infer from similar scenarios that you might expect tasks involving financial statement modeling, DCF, M&A, LBO, or Comps.
For a one-hour test, the scope is likely to be limited to one or two of these areas, possibly focusing on a streamlined version of a financial model or a specific aspect of an LBO or DCF analysis. It's advisable to be proficient in Excel and familiar with making quick and accurate assumptions based on limited data, as these tests often do not provide all the information you might wish for.
To prepare, you might want to: - Review financial modeling principles, especially focusing on the types of models mentioned. - Practice with time constraints to enhance your speed and efficiency. - Ensure your Excel skills are sharp, particularly shortcuts and formulas commonly used in financial modeling.
Remember, the key is to use logical assumptions and keep your models as simple and clear as possible within the time limit. Good luck with your modeling test at RBC!
Sources: Preparation for 2 hour LBO modelling test, 2-hour Modeling Test for HF (Fundemental Equities) - What to expect?, RBC phone interview questions, Has anyone heard back from RBC NYC Superday, I just went 3 days without sleep to see what i-banking felt like...honestly I don't believe ANY of you! (My hourly breakdown)
Hope your modeling test went well, I have mine upcoming for likely a different group. Would you please mind sharing any information you can.
Also, how long was the full process for you?
Which team? and position?
DM
Quam voluptatum explicabo voluptatum non et ut fugiat. Recusandae dolorum eum facilis ducimus repudiandae. Ipsum rerum aliquam sapiente vero qui animi consequatur. Aut mollitia accusamus dicta dolores. Blanditiis velit dolor eum temporibus reiciendis autem maxime mollitia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...