Capital 3hr Fundamental Associate Modeling Test

Hi All,

Does anyone have insight on Capital's 3 hour case-study modeling test? I am specifically interested in knowing:

1) what is the general format of the test and most important factors to consider

2) is there is a DCF portion

3) in terms of model structure, is there a preference on using unit economics vs. simpler growth assumptions

4) should I consider stress testing and looking at comps given the time constraint


What are the best prep/learning sources for practicing (paid or unpaid)? 

I am coming from an ER background, but have no experience creating DCF/LBO models. So any pointers would be appreciated.

 

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