Freshman in PE and Boutique?!

he's probably someone's son.

what school

The surprising thing is, his parents work in what bankers consider as lowly jobs. Family is quite poor. This is why it became a big deal. He made juniors/seniors feel dumb.

I'd like to keep the school name confidential.

why not. First, relations mean a lot in financial services industry; second, accept the reality and dont be jealous of others. Some are born lucky while some are not.

here's the interesting thing tho. His parents are POOR!! He's on full financial aid for christ sake. Yet, he's able to beat all the juniors seniors with GS MDs as their dads in this game. That's why it was a big deal among prospective monkeys on the campus.

To address your question of "Is this common?" -- Anything that makes you run to a message board and type "WTF" is probably not likely to be common.

As for this kid's situation, if it is indeed true (which I doubt), then he has connections. It may not be his parents but he definitely knows someone. That or he lied through his teeth on his resume.

If you want your school name to be confidential, probably should take it off your profile man.

Has he done really advanced courses? I knew a few people in my freshmen year who had already done 2years of college courses (university tie ups with HS), and were set to graduate in 2years even. This, coupled with good grades, high intelligence, and strong campus involvement would impress finance professionals, right? Wouldn't this cause them to snap you up early?

CompBanker, its true. All I know is that ppl confirmed it.

that's pretty cool. maybe some kind of program that allows hs seniors to intern at ibanks. i know a kid who did something similar and worked bb starting freshman year even though he went to a complete nontarget.

if it's not through a program like that then i'd be really interested in learning how he pulled it off.

see, even those programs are selective. I.e. Posse and SEO. Those less selective such as INROADS, don't have the capability to place into ibanks and PE.
How did he pull it off? That is a mystery every jealous campus financier is tryng to figure out.

someone is here because he knows someone, someone is here because he wants to become someone

Not to knock Dartmouth or anything, but if Wharton kids had the opportunity to do the D-plan I'm sure you'd see more than a few having the same opportunities.

Do you have more detailed info such as URM or GPA?

There are freshman who did MS S&T

Well S&T cares about different crieteria when recruiting than IB/PE

i know a kid who did special situations investing at DB after his freshman year, then goldman PE, internship with KKR, and then another baller offer for his junior summer.

"i know a kid who did special situations investing at DB after his freshman year, then goldman PE, internship with KKR, and then another baller offer for his junior summer."

Are you serious?

Yes (KKR was during the year)

But that was back in the day when the economy's still good right? Id imagine him as a real baller if he got that in this economy.

WSO is turning into garbage. We really need to ban trolls.

However, I must say, manhattan, I find your example to be pretty bullshit.

So, assuming I'm understanding this correctly, this kid will be doing both PE and IB at a boutique this summer? Do you mind explaining to me how he will find time to fulfill the duties of both positions?

I don't know. But since both firms don't have a structured and standard recruiting process for freshmen, I would imagine that it would be like 6 wk this and 5 wk that. something like that i guess.

PE is $3bill AUM fund.

i have no reason to lie to you dude

if that is true, I feel like a sore loser.

Haha Yeah, I feel like I've failed or something.

I don't know if FTPiper was trolling but I believe there exists a freshman at my school who did MS S&T in high school...lol.

OP - when you say S&T cares about different criteria from IBD/PE, do you mean it's somehow less impressive for a freshman to land S&T? Please explain.

no its not less impressive. It's just apples and oranges. Like comparing McKinsey and GS. Diff criteria for selecting candidates. See what i mean?

HS Senior: BB SA Freshman: PE SA, Boutique IBD SA

The only person i know who beat this is the baller at GS's hedge fund.

theres a kid at my school who did CS Private Equity/DLJ summer after senior year of HS ... top internships before junior year are usually based on connections

I know a kid who did DB IBD and MS S&T in one summer because he got offers for both during recruiting, and decided, why should I take one? Screw it I'll take both.

BEAT THAT

guys stop bullshitting. Im dead serious about the freshman im talking bout.