The Exercise Book for Private Equity

VCI Institute · Practice platform · Certificate of Completion

12 books 70+ interactive exercises 3 long simulations 12 months of access

What you are investing in

Reps, not slides.

Most finance education asks you to watch. This one asks you to answer. The drills generate fresh numbers every time you open them, so you can sit the same page twenty times and never memorise your way through it. Every answer is marked and explained in red pen.

What changes for you

You stop memorising and start doing

Paper LBO trainers, capital stack builders, auction rooms, waterfall sandboxes, covenant countdowns and index card decks. Fresh numbers on every attempt, unlimited repeats.

You learn why an answer was wrong

Every exercise marks itself and explains itself in red pen, line by line, so a miss tells you what to fix.

You work a whole deal

The Deal is a capstone in five chained rounds: source it, price it, structure it, sell it. It then tells you the return you left on the table, decision by decision.

You practise anywhere

Nothing to install, nothing to download. It works on a phone, and your access runs for twelve months because reps take a year, not a weekend.

Twelve books, in three arcs

Books 1 to 4

The three statements, ratios, working capital and quality of earnings

Books 5 to 8

Valuation, DCF and cost of capital, the LBO, returns and fund maths

Books 9 to 12

The deal process, value creation levers, board judgement and exit

The Deal

Capstone in five chained rounds

Plus three long simulations. Build the value over twelve quarters, buy a business end to end, and sell one over eight months. Around 100 hours of practice if you use it properly.

Everything included

✓ Twelve books, each opening with its own vocabulary✓ More than seventy interactive exercises
✓ Red pen marking and explanation on every answer✓ The Deal capstone, five rounds end to end
✓ Three long simulations, 25 to 45 minutes each✓ An A to Z glossary of every term
✓ Fresh numbers on every attempt, unlimited repeats✓ Certificate of Completion once you finish the capstone

Terms, in short

USD 99 in one payment, twelve months of access, and a full refund within seven days of purchase while the course is unused. Your login arrives by email within a few minutes of payment. You confirm the full terms when you pay.

Questions before or after you enrol: [email protected]. A person at VCI Institute will reply.