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model room

A benchmark for financial modeling that grades the workbook, not the description of it.

SECTORInvestment banking
TIMELINE2026 — ongoing
SCOPE
Evaluation HarnessDocument Generation
Model Room — cover art
01 — THE BRIEF

Modeling is where analyst work stops being prose. A model can write a fluent paragraph about an LBO and still produce a workbook that does not foot, points at the wrong cell, and breaks the moment an assumption moves. Public evaluations graded the description, not the file.

02 — WHAT WE BUILT

103 modeling tasks authored and peer-reviewed by practitioners, each shipped with a gold-standard workbook and a grading rubric, across seven categories from LBO and DCF through comps spreads and dataroom summaries. Submissions are graded by recalculating every formula in a real spreadsheet engine, in two modes: fill a provided skeleton, or build from nothing.

03 — WHAT CHANGED

Failure became legible. Numerical accuracy, formula correctness and presentation are scored apart from one another, which is how a team learns that a model can wire a workbook correctly and still get the numbers wrong. The categories built on long chains of linked calculations sit lowest every time — something no single headline score would ever show.

103PEER-REVIEWED MODELING TASKS
7MODEL CATEGORIES
100%TASKS WITH A GOLD-STANDARD WORKBOOK
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