Private Equity
Master LBO mechanics, deal analysis, and PE interview questions. From accounting foundations to investment committee presentations.
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Modules
Accounting Foundations
29 questions
Build a rock-solid understanding of the three financial statements and how they connect. This is the foundation for all PE technical questions.
Valuation Fundamentals
30 questions
Master enterprise value, equity value, and the key valuation multiples. Learn to think about what drives company value.
LBO Mechanics & Intuition
33 questions
The core of PE interviews. Understand how LBOs work, what drives returns, and how to think about leverage and value creation.
Deal Process & Due Diligence
31 questions
Move from pure modeling to practical PE work. Learn about deal sourcing, due diligence, and the investment committee process.
Returns, Risk & Fund-Level Thinking
27 questions
Think like a GP. Learn about portfolio construction, fund mechanics, and the balance between risk and return.
Market & Commercial Judgment
28 questions
Develop partner-level commercial instincts. Learn to evaluate markets, competition, and business model sustainability.
Invest / Don't Invest – Final Cases
30 questions
The ultimate test: evaluate real investment scenarios and make defensible decisions. Practice making investment committee-level judgments.
What to Expect in Private Equity Interviews
Private Equity interviews are rigorous and multi-faceted. Expect a combination of technical questions, deal discussions, and commercial judgment exercises.
- LBO mechanics: Walk through an LBO, sources and uses, returns analysis
- Valuation: Enterprise vs equity value, multiples, DCF considerations
- Accounting: 3-statement linkages, working capital, cash flow impacts
- Deal experience: Detailed walkthrough of transactions you've worked on
- Commercial judgment: Market analysis, competitive dynamics, investment thesis
- Case studies: Paper LBOs, investment memos, and live case discussions
Private Equity Interview Guides
Frequently Asked Questions
What questions are asked in a Private Equity interview?
PE interviews focus on LBO mechanics (walk me through an LBO, what makes a good LBO candidate), valuation (EV vs equity value, multiples), accounting (3 statement linkages), and commercial judgment (market analysis, competitive dynamics). You'll also face deal experience questions and case studies.
How do I prepare for a PE technical interview?
Focus on mastering LBO mechanics, valuation concepts, and accounting fundamentals. Practice building paper LBOs, understand the three drivers of returns (EBITDA growth, debt paydown, multiple expansion), and be ready to discuss deals you've worked on. Our platform offers 2,000+ practice questions with instant feedback.
What LBO interview questions should I expect?
Common LBO questions include: Walk me through an LBO, what makes a good LBO candidate, how do you calculate IRR and MOIC, what are the sources and uses in an LBO, how does leverage impact returns, and explain the debt paydown schedule. Expect follow-ups on entry/exit multiples and sensitivity analysis.
How long does it take to prepare for PE interviews?
With consistent daily practice of 30-60 minutes, most candidates feel prepared within 2-4 weeks. Focus on technicals first, then commercial judgment and deal experience. Our platform tracks your progress and identifies weak areas to optimize your study time.