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tth7's picture

Buy side entry to the street. Will you get the credit training

I'm about to begin looking for my 1st year MBA summer internship. So far I've been focused on sell side investment banks. My rationale being that the IB's are a good platform to get the credit training needed to expand in other directions.

However, a recent MD friend of mine recommended looking at some Mezz and PE funds.

Has anyone worked as an analyst or associate for any of these funds? Does the buy-side due dillegence give someone an equivalent level of training?

Treavor

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junkbondswap's picture

Sell-side training is almost

Sell-side training is almost always more intensive (relative to Mezz/PE funds) and that is why the buy-side snatches up sell-side guys who have already built a valuable skill set through analyst training programs. In reality, the skill sets can all be acquired while on the job and that is when the real training occurs.