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Demo case file · Technical

Asset management firm

Equity Research Associate

Finance Technical Medium 45 min

This is a demo case file: a realistic example written from commonly known interview formats, not a real candidate's interview experience.

Questions asked

  1. Pitch a stock you would buy, and the single biggest risk that would prove you wrong.
  2. How would you value a fast-growing company that has no earnings yet?
  3. Why might you use price-to-book for a bank but EV/EBITDA for a software company?

What to expect

The stock pitch took most of the time and they pushed on what the market was missing — "everyone knows it's growing" wasn't enough. They respected picking a less-covered company and knowing its numbers cold.

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