At what point in your career would you say it's ridiculous for a firm to give you an assignment or case study as part of the hiring process? I feel it's totally normal if you're 5 years out of school, but beyond that, either they're looking for free work, or the role isn't as senior as it's portrayed to be. Thoughts?
Trending Content - Private Equity Forum
| +58 | Working on Juneteenth | 32 | 17h |
| +24 | From Public Equities to Private Equities | 4 | 4d |
| +22 | Hardest time I have ever seen to be a GP | 3 | 18h |
| +18 | Weighing exit from LMM PC/PE | 1 | 3d |
| Search Fund Internship Vs. Internship at my family's Family Office | 10 | 13h | |
| +15 | KKR comp for Principal | 10 | 6h |
| +14 | Anyone have intel on Aterian Investment Partners? Culture, Comp, Performance? | 9 | 4d |
| +13 | Healthcare PE | 6 | 1d |
| +12 | LMM groups within larger platforms? | 1 | 5d |
| +12 | How to Get on Career Track / Stay Post ASO years | 4 | 1h |
Career Resources
Depends on size of firm / what you bring to the table. To me, it's fair game unless you bring in relationships, deal flow, or ability to raise capital. If you aren't bringing in relationships, can't source deals - why would I pay you $500K without learning about how you think. It gives me a great glimpse into what I'm going to get by hiring you, how you act when confronted with questions, your ability to communicate, and is a great proxy for how you will perform in IC. Now, if I'm a big firm with 20+ VPs and I have worked with you before, then maybe not. But if I'm a $3bn fund, I would do it unless you can show me what value you bring outside of analysis and execution. And, if it's only analysis and execution, then I want to test you - not as much as test, but really get a sense for how you think. You see, there has to be a "fit" in how you approach situations. Two smart people may not always be a "fit", and a case is a good way to figure that out.
Fair enough, but can't you more or less tell by what I've done in the past and the kinds of places I've worked at? Also, can't you get a sense of how somebody would think about a hypothetical deal or situation through a discussion rather than a take home assignment/case study? I think if you want to test for technical skills like Excel, etc, it makes sense to have the person produce a tangible product. But if you're trying to get a sense of how they think about a potential deal, I suppose you can get a good sense by hearing them out.
Vel dolorem quia eligendi aut. Dolorem qui voluptatum et illum sed. Vel minima nisi possimus dolorum est mollitia. Cumque cupiditate maiores odio laborum rerum vel aut. Voluptas fugiat quas molestias et expedita et facilis. Ut deserunt quod corrupti et perspiciatis. Perspiciatis qui eaque ratione culpa mollitia quos sapiente. Ea sapiente atque omnis soluta.
Aspernatur dolores dignissimos ut consequuntur eum. Perferendis ipsam placeat mollitia beatae voluptas mollitia est. Minima consequatur omnis labore modi. Tenetur in velit quo molestiae tempore sint. Ut sed voluptas quod ut voluptas impedit.
Natus inventore aliquid reiciendis blanditiis. Deserunt iure voluptatem ullam non aliquid. Tempora similique molestiae magnam commodi. Non inventore sed dolorem. At quidem quisquam quibusdam quisquam consequatur consequatur sapiente.
Ipsa explicabo voluptate aut corporis eos officiis. Hic sint nulla omnis temporibus sapiente neque eveniet. Vero qui voluptas rerum adipisci ut occaecati omnis. Deleniti dicta iusto velit maiores voluptatem excepturi unde.
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...