What undergraduate education do PE firms look for?
When looking at BBs/EBs, I noticed there are a lot of Maths grads. When looking at PE firms, there are literally no maths grads - only economics/finance.
Do PE firms favour these degrees, or is it just a case of Maths grads not being interested?
Cuz the bank people still contain the future hedge fund/ quant people. At the PE stage, things have reached the terminal value - only the people who want to do PE are in PE
Ahhh okay I see. So subject doesn't matter.
Do you think this also applies to PE groups that hire from straight from undergraduate?
Subject doesn't matter for PE - it's basically an extension of banking where you're just an Excel monkey and need business acumen - none of which you need a degree in.
PE undergrad recruiting hasn't been around for long enough to have a robust sample to see significant factors, but no reason to believe they would look for different degrees than the typical IB recruiting pipeline. Only caveat I can think of is that, for IB on-cycle, group strength and deal experience can play a role, but for undergrad recruiting you don't have those. So you can reasonably expect them to look into other aspects more seriously, but then still no reason to believe that you need to study certain subjects because PE is just monkey business
Above answer is correct - a lot of the math people will move onto HF after banking.
For PE, finance is preferable if your school offers it but no one really cares much about major. GPA is the most important metric
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