Current State of PE recruiting 2024 -Feb

Making a thread to see which firms have run their processes and which ones havent to see where the cycle is. Been seeing some silence since mid last month and wondering if the recent wave was the last big one or if it seems like there will be another wave of recruiting again this year before on-cycle in the summer for 2025 start

2 Comments
 

Based on the most helpful WSO content, the state of PE recruiting can vary from year to year, but traditionally, the main recruiting cycle for PE roles has started in the first half of the year. For instance, in previous cycles, it has kicked off around March or April for the following year's associate classes. However, there have been instances where it began in January or February.

Given that it's currently February 2024, if there has been a silence since mid-last month, it could indicate a lull in the recruiting activities. This could be a temporary pause before another wave of recruiting begins. It's not uncommon for there to be multiple waves of recruiting, especially as firms assess their needs and as candidates go through the interview process.

For those targeting a 2025 start date, it's important to stay vigilant and keep networking, as some firms may still be in the process of running their recruiting cycles. Additionally, off-cycle recruiting can happen at any time, so it's beneficial to maintain connections and be prepared for opportunities as they arise.

If you're looking to get a better sense of the current cycle's status, it would be wise to reach out to your network, stay active on forums like Wall Street Oasis, and possibly connect with headhunters who specialize in PE recruiting. They can provide the most current information on which firms have completed their processes and which ones may still be looking to hire.

Sources: 2025 PE Recruiting (Post On-Cycle), Basic Questions About PE Recruiting Answered, Undergrad Full-Time 2022 PE Recruiting?, 2025 PE Recruiting (Post On-Cycle), PE Recruiting Timeframe and Recommendations

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Dolores aperiam non cum consequatur earum. Placeat corporis rem possimus cum mollitia. Id ipsum fuga eum aliquam autem omnis. Est ducimus recusandae nobis possimus possimus et amet.

Modi tempora libero ea quia rerum quaerat quod. Quasi quia sunt architecto enim aliquam nisi. Nobis alias et qui aut. Et totam possimus deserunt et.

Voluptatem provident assumenda et voluptas. Velit vitae vitae placeat est alias. Similique minima ut fugit voluptatem consectetur ea incidunt. Et nemo qui iure laudantium. Eaque ad tempora et asperiores adipisci voluptatum qui. Reiciendis nesciunt quaerat ullam possimus. Eum cumque molestias beatae quo.

Quia labore aspernatur cum eaque quaerat dolores sint. Porro quo non sequi fugit totam. Maxime placeat numquam sit tempore.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”