HF Case Study Industrials (2h)

Time-pressured case study for candidates preparing for multi-manager hedge fund final-round interviews. The 2-hour case study is often offered onsite.  
 
Background: This case study develops the analytical skills for: building quarterly 3-statement models, identifying material drivers under time pressure, and constructing clear investment recommendations. It mirrors the depth and time constraints of professional case study assignments.
 
Sector: Industrials (Airlines)
Time Limit: 2 hours
Format: Multi-file (Excel, Word, PDF)
Usage: Downloadable files. Case study may be completed multiple times
 
What's Included: 
Excel operating model 
PDF investment memo
Case study prompt and instructions
 
Users: 
Hedge fund analysts
Equity research analysts
Investment banking analysts
Graduate candidates preparing for final-round interview