I was just called in for an interview at a smaller PE firm (the firm is legit, not a chop shop). I was deciding if this fall internship opportunity (meaning fall of this year as in right now) is worth it.
The responsibilities include:
- Perform necessary research and writing in support of the preparation of fundraising
materials for Real Estate and Hospitality Fund II
• Analyze market information, property reports, and financial performance of potential
acquisition opportunities
• Help track the performance of portfolio investments and participate in related
management meetings
• Support client assignments for financial advisory practice
The catch is the internship is for 10 weeks and unpaid except for a small bonus at the end depending on how many hours you work. The description doesn't say anything about having the opportunity to join full-time after the internship is over.
I also have some BB Alternative Investment and Equities Sales/Trading full-time opportunities on the horizon that might be able to work out.
I was thinking if for nothing else, the firm's founders are very well connected and have extremely prestigious experience at the giant PE shops and top groups in the top BBs. Unfortunately, with all this interviewing my grades are bound to take a hit (nothing too major though) but I was thinking this private equity internship could show continued perseverance in the field.
Lastly, how would this experience look for MBA admissions down the road?
Anyone have any thoughts. It would be very helpful and greatly appreciated.
I would be hesitant to take an unpaid internship before senior year if you don't think there is the prospect of it turning into a FT offer. However, you are just doing a first round interview so I would say cross that bridge when you come to it, and ask the interviewer if they think there is a chance of it turning into a FT offer. Sounds like the experience would be legit though.
NEVER lose your BlackBerry www.conveniencesoftware.com
Eaque omnis dolores vitae saepe voluptatibus dolor velit. Eaque et dolores labore dolor ab. Quae qui accusamus natus perspiciatis. Pariatur dolorem vel rerum non.
Et maxime minus dolor voluptas suscipit eius enim. Accusamus occaecati explicabo ut cupiditate deleniti dolor.
Quidem assumenda asperiores tenetur. Quidem unde sit enim dolorem.
Suscipit distinctio consequatur maiores aut blanditiis repudiandae. Expedita ab ipsam sunt aut quidem laboriosam perferendis quas. Natus magni adipisci nam nulla laborum illum omnis. Repellat enim omnis dolorem doloribus quis. Officia maiores eos aut qui dolorum. Autem dolorum enim tempora quis porro id ea. Maxime aut libero quia ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...