FMWC 888 Battle (June 8, 2021) “Cake to Bake”


This case was premiered during the Financial Modeling World Cup 888 Battle. Cake to Bake is a funny name for a company that manufactures cakes, sweets and other tasty goods. They serve exactly 8 export markets – countries like the US, UK, Malaysia, South Africa and others, exactly matching the countries of the battle participants.

To solve the model, you have to do the revenue and production cost modeling, as well as, converting foreign currency sales into Euro. There are 21 questions worth 1000 points in total. The case is designed to be solved in 40 minutes or more.

No specific knowledge is required to solve the case, so actually, anyone can try it themselves.

The downloadable file consists of the following:
Task: PDF file with Case Materials; Excel file with Case Assumptions and questions
Solution: Excel file with full Solution Model

For your questions/suggestions/consideration please reach out to the Organizing Committee of the Financial Modeling World Cup at