The competition

Compete on the work that opens doors.

Mavara brings students and employers into one competitive arena. Students turn their skills into real, measurable results. Companies see what candidates can actually do, helping them identify exceptional talent before the rest of the market.

RegistrationOpen

Registration is open

Create your account, verify your e-mail and enter the competition from your participant hub.

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Season
Mavara 2026
Announced
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Who the competition is for

Built for students who want to be measured.

The competition is open across Europe. If you are ready to be challenged and grow, this is written for you.

Students and recent graduates

Bachelor's, master's, and MBA candidates at European universities from the first year onward. No prior deal experience required.

Finance, strategy and M&A tracks

Anyone targeting investment banking, consulting, private equity or corporate finance who wants to prove his skills and get in touch with companies relevant to his track.

Candidates without a warm pipeline

If your school is not on a bank's core campus list, the competition is the pipeline: performance is the only introduction you need.

Teams across Europe

Enter solo or with a team from any country. Everything runs remotely, in English, alongside your studies.

How it works
Step 01

Select your competition

Choose the discipline that matches your profile. Each track uses live case data and is calibrated to the same assessment standard.

01

M&A / IB

Sell-side advisory cases from active deal teams.

02

Strategy

Market entry, growth and turnaround briefs.

03

Private Equity

Diligence and value creation on real portfolios.

04

Corporate Finance

Restructuring, capital allocation, FP&A.

Compete against the best in Europe

Two weeks, live cases, one cohort. You are working on the same brief as students from HEC, Bocconi, LSE, and 15+ other institutions.

Live case dataTeam or soloPractitioner briefs

Evaluation across five dimensions

Every submission is read by AI, checked by ex-MBB and IB practitioners, and scored on a 100-point scale across five weighted dimensions: diligence, valuation rigour, strategic judgement, commercial insight and executive communication.

AI assessmentBlind review100-point scale
Learn more

Get discovered

Top performers receive a verified Mavara Record, work sample, competency scores, and cohort percentile released to partner firms only with your consent.

Verified recordConsent-gatedPartner shortlists
Structure of the competition

One case. Three rounds.

Create your pitch.

Work a live brief, build the analysis, and make a recommendation. Normally, a maximum of 25 slides (appendix excluded). Deliverables and submission windows vary by competition; more Information will be provided on the Mavara Arena.

01
Live brief
02
Model + memo
03
25 slides max
Learn more

Project Orion

European industrials · 100% acquisition

Redacted

Revenue (LTM)

€340m

+18% YoY

EBITDA Margin

11.2%

Post-synergy

Entry Multiple

8.5x

EV / EBITDA

Strategic alignment

Strategic fit88%
Market capture64%

M&A thesis

  • Platform acquisition with clear cost and revenue synergy case.
  • Defensible market position in Western European industrials.

Key risks

  • Customer concentration (top 3 = 48%)
  • Cyclical end-market exposure

Decision required

Final recommendation

PassAcquire
Deck · Model · MemoDue 18:00 CET
End of the season

Congratulations!
You are on the record.

Three rounds behind you: a real case from a partner firm, a pitch you defended in front of industry professionals, and an interview with a firm you chose yourself. You leave with more than a line on your CV, you leave with a verified Mavara Record, a clear position within your cohort, and connections with people who have seen what you can do.

Mavara Group Certificate of Achievement showing score and cohort percentile
The assessment model

Five stages. One rubric. One hundred points.

01 / 05 — AI assessment

Every submission.
The same standard.

AI checks the numbers, tests the assumptions and traces every score back to the evidence behind it.

Pitch deck
Financial model
1
2
3C12
…F27142.3
AI assessmentEvidence linked 92% confidence
Preliminary score
84 / 100
Arithmetic
Verified
Ref: C12, F27
Consistency
Verified
Ref: B8, C15, D22
Sources
Verified
Ref: S3, S7, S12
Risk
Verified
Ref: R4, R9, R16
Evidence
Verified
Ref: E5, E11, E18
02 / 05 — The five metrics

Five metrics.
One comparable result.

100 points, allocated across the same weighted rubric for every submission, in every round.

100/ 100 points
Assessment focus
Diligence & Accuracy

Accuracy · source quality · internal consistency · material risks

Same rubric. Same weights. Every round.
03 / 05 — Professional validation

Machine consistency.
Human judgement.

The top 20% are re-scored blind by experienced practitioners using the same five-metric rubric.

AI score
82.4

Consistency · scale · objective checks

Professional score
78.8

Industry judgement · context · quality control

50% AI50% PROFESSIONAL
Final shortlist score
80.6
AI scoreFive-metric comparisonProfessional review
84.0Diligence80.5
79.1Valuation76.3
88.6JudgementModeration required · +9.279.4
81.2Commercial77.8
78.8Communication76.9
Blind review Reviewer 01 Reviewer 02
04 / 05 — Final defence

The recommendation
has to stand up live.

Finalists defend the analysis, explain their assumptions and respond when the facts change.

Live defence · 27:18
Project Atlas
Final recommendation
Base case
Enterprise value (EUR m)
142.3
115.7 low168.9 high
Key assumption
Revenue CAGR 8.5% (2025–2029)
Q&A trail
Q
What breaks the base case?
02:31
Q
Why this valuation range?
03:48
Q
What changes your recommendation?
01:57
Ownership
Strong
Understanding
Strong
Challenge
Strong
Reasoning
Strong
Adaptability
Strong
Shortlist score
80.6
→
Final score
84.2
Final 84.2
Confirmed final score & cohort rank
05 / 05 — Explainable scorecard

A result you can
understand and use.

Every participant sees where they stand, why they scored that way and what to improve next.

Verified

Comparable evidence of real-world performance.

Verified Mavara assessment report Verified
Overall score
84 / 100
Percentile ranking
Top 8%
Performance tier
Distinction
Cohort average
61
Five-metric profileSTRATEGIC JUDGEMENT16 / 20FINANCIAL ANALYSIS21 / 25VALUATION RIGOUR21 / 25RISK & JUDGEMENT22 / 25COMMUNICATION14 / 15
Your scores
Diligence & Accuracy22 / 25
Valuation Rigour21 / 25
Strategic Judgement16 / 20
Commercial Insight11 / 15
Executive Communication14 / 15
Strengths

Strategic framing is rigorous and insight-led.

Compelling valuation with strong support.

Executive summary is crisp and persuasive.

3 pieces of evidence
Development priorities

Deepen downside scenario analysis.

Expand on integration and execution risks.

Strengthen working capital assumptions.

3 pieces of evidence
Evidence behind every score

Explore the evidence that supports each of your scores.

10 pieces of evidence
View evidence Download scorecard
RegistrationOpen

Put your judgement on the record.

Compete on live cases, be assessed against the European cohort, and leave with a verified performance record recruiters can read.

Registration closes in
--
Days
--
Hrs
--
Min
--
Sec
Season
Mavara 2026
Announced
LinkedIn · Instagram