Stage 3 (2021) “Speed It Up – Starship”


This is an actual case from the Financial Modeling World Cup 2021, Stage 3 (Mar 26-29) competition. This case covers such topics as Cashflow forecast, Hedging with options, Financial modeling of daily operations, Corporate bonds and Expected returns.

The downloadable file consists of the following:
Task: PDF file with Case Materials; PDF file with Questions.
Solution: Excel file with the full Solution Model; PDF file with correct Answers in Bold.

This model awarded 150 points, while the whole 2h Stage allowed to earn 1,000 points.

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