Practice
4 corrected modelling exercises under real interview conditions
Financial modelling exercises are often the hurdle that eliminates strong profiles in TS interviews. This module provides 4 corrected exercises — simplified LBO, QoE bridge, net debt, working capital — built to reproduce exactly the deliverables tested in real TS interviews.
Thomas A.· 5 mesi fa
Molto professionale
Molto professionale, lo consiglio senza esitazione.
I nostri candidati sono assunti presso
LBO, QoE, NWC: these models are tested live — no safety net, no pre-built Excel
Some M&A boutiques and PE funds require live modelling during the interview: build a normalised NWC analysis or a net debt reconciliation table from raw data. Without having practised these exercises under real conditions, failure is almost certain.
Dato chiave
4/5candidates who have never practised live modelling exercises freeze in the first 10 minutes of an Excel test during an M&A boutique interview.
4 corrected modelling exercises under real interview conditions
4 exercises targeting each key TS deliverable
Simplified LBO (sources & uses, leverage, equity return), earnings quality bridge (accounting EBITDA to normalised with justified add-backs), net debt construction (debt-like items, IFRS 16, earn-outs, restricted cash) and normalised NWC (12-month rolling): each exercise isolates the reasoning specific to one key TS modelling deliverable.
Progression from guided exercise to blank sheet
The first two exercises are guided step by step with pre-filled cells and methodological guidance — ideal for understanding the structure. The last two require building from a blank sheet with raw data and minimal instructions — exactly the conditions of a live modelling test in an M&A boutique or PE interview. You move from reproduction to creation under pressure.
Targeted feedback on the most penalising Excel errors
The corrections highlight the Excel errors that eliminate technically competent candidates: hard-coded links to unsourced cells, EBITDA calculated from net income, NWC at year-end without seasonal smoothing, earn-out omitted from net debt, IFRS 16 effect double-counted. Each error is corrected with the expected professional practice and its quantified impact on valuation.
Des résultats mesurables
500+ candidats préparés, 100% en stage ou CDI. Transaction Services Training, c'est une méthode éprouvée.
Il nostro team
Il nostro team è composto da ex analisti e manager Transaction Services, recruiter Big 4 inclusi. Ti trasmettono direttamente ciò che viene valutato in colloquio — perché sono stati dall'altra parte del tavolo.
Perché Transaction Services Training
piuttosto che un altro corso?
 ✦ Consigliato |  |  |  | |
|---|---|---|---|---|
| 100% specializzato in Transaction Services | Esclusivo | |||
| Casi di studio completi con correzioni | 8+ | 1–2 | 1–2 | |
| Aggiustamenti EBITDA / Net Debt / NWC documentati | 150+ | Alcuni | Rari | |
| Modelli Excel TS riutilizzabili | 4+ | Limitati | ||
| Colloquio simulato con recruiter Big 4 | Incluso | |||
| Team reattivo entro un'ora | Incluso | Limitato | ||
| Aggiornato mensilmente | Sì | Occasionale | ||
| Community privata di studenti | 500+ membri | |||
| Prezzo unico senza abbonamento | Sì | Abbonamento | Abbonamento | Abbonamento |
Confronto basato sulle offerte pubbliche disponibili nel 2025. Dati soggetti a evoluzione.
Domande frequenti
Which Excel modelling exercises are tested in Transaction Services interviews?
How do you pass a live Excel test in a Transaction Services interview?
The key is prior practice under time pressure. Transaction Services Training modelling exercises replicate real conditions — raw data, timer, no visible solution. The exact format of expected deliverables is taught so that structure becomes instinctive on the day.Do you need to know VBA or macros for TS modelling exercises?
No. TS interview modelling exercises do not require any macros. Formulas used are SUMIF, INDEX/MATCH, VLOOKUP and some conditional formulas. The challenge is execution speed and structural rigour — not technical sophistication.Do Transaction Services Training modelling exercises match the level expected at M&A boutiques?
Yes. Transaction Services Training exercises are calibrated to the level required at M&A boutiques and Big 4 firms for a junior profile. Difficulty is progressive — from guided exercises to real-conditions cases — to build the fluency and execution speed expected.What Excel level is needed before tackling Transaction Services modelling exercises?
An intermediate level is sufficient. Transaction Services Training exercises use standard functions — SUMIF, INDEX/MATCH, pivot tables — with no macros or VBA. The value is in structural logic and execution speed, not formula sophistication. The training explains every step.How long does a Transaction Services Excel modelling exercise take in real conditions?
Transaction Services Training exercises are calibrated to 30 to 90 minutes depending on complexity level — matching the time allocated in a real live test interview. Regular practice builds the speed needed to complete a full EBITDA bridge under pressure.Why does Transaction Services Training modelling prepare you better for interviews than practising Excel alone?
Self-practice produces models without a professional reference. Transaction Services Training exercises teach the exact expected format — tab structure, comment level, formatting — and provide corrections that identify presentation errors, not just calculation errors.
La prossima offerta TS è per te.
500+ candidati hanno preparato i loro colloqui con questo programma. Coloro che hanno ottenuto il ruolo hanno una cosa in comune: hanno lavorato sui casi prima di entrare in stanza.
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