Trending Content - Private Equity Forum
Career Resources
WSO Free Modeling Series - Now Open Through
June 30, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
Audax is very solid IF you know you want to be in PE for the long run
Bad advice. BB IB for sure. Will open doors to better shops, more established training pipeline (and probably better brand), bigger network, etc.
People get tricked into taking roles like Audax right out of undergrad, because they see the "PE" label, but you're better off in the long-run doing your 2 analyst years. PE will still be there, especially if you're good enough to hack it in IBD. If you don't think you're up for it, probably weren't going to succeed in PE anyways...
Audax is actually one of very few PE firms that recruits heavily from undergrads with a decent-sized analyst class and therefore has (i.e. can afford to invest in and implement, due to economies of scale) a well-structured analyst program with proper training. They also do tons of transactions so you will certainly develop deal experience there. Really not a bad option if you know for sure that you want to do PE.
Not a bad option, but not a great option, and not as good as traditional BB IB. That's all I'm saying.
I would take the BB for the optionality post-internship. The hope being that you get an offer back and that towards the end of summer you have already networked with the MFs you are trying to approach. A GS/MS/JPM internship is very typical before going to work for Blackstone/KKR/TPG/Warburg/Silverlake full-time as an analyst. So something to consider if you want to keep your options open and swing for the fences.
Also the attrition rate for Audax interns is high. Go to LinkedIn and search internship and audax as previous company. A lot didn't go back for whatever reason and ended up at "worse" places for FTE considering they were trying to break into PE. Suggests that quite a few didn't get an offer back.
Impedit reiciendis totam vel voluptates dolor maiores. Est enim porro voluptatibus assumenda. Soluta saepe nobis itaque eveniet. Nostrum qui accusantium hic. Iste reiciendis id porro molestiae.
Sapiente facere et quidem nesciunt consectetur autem nobis architecto. Consequatur explicabo consequuntur qui quod sunt ut perferendis. Placeat itaque harum sit deserunt dolores laudantium. Ad ea quasi quisquam eum eligendi. Vel corporis eos numquam ratione quis voluptas.
Aut ducimus exercitationem possimus blanditiis cupiditate aut asperiores. Ut dicta quaerat omnis provident nemo. Nihil praesentium explicabo maiores at consequuntur. Vel odio odio sunt quas.
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...