Ashvar is a case study given out by Apollo.

What makes Ashvar unique relative to other private equity cases is its focus on testing a candidate's ability to analyze the qualitative aspects of a business, instead of financial modeling. When this case is given to candidates, they are not allowed to use excel and must keep their answers constrained to a one page hand written document.

This case study is perfect for those seeking to bolster their business analysis abilities and gain a better understanding of the types of qualitative questions that could arise during an interview.

Does not include solutions

  • Apollo Price: $27 (Selected via Custom Plan)
  • All Case Studies Price: $97 (Grants access to all 77 cases)


Asset Class

Private Equity



Case Type

Memo Only


2–5 hours

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