Gap Year Recruiting

Wanted to ask for help on my recruiting situation: I am finishing up a 2 year contract in IB. I didn't recruit for PE last year, and I won't be getting an offer for a third year. I am in discussions with a Top MF-PE for summer 2020.

This would cause me to have a gap year between now and when I start there.

What is the best way to spin this? Do I have a shot at this fund? I do have a some entrepreneurial things I want to accomplish/begin/assist on (several circumstances), in addition to studying for the GMAT, but would that be seen as a good excuse?

Thanks, TS

1 Comments
 

Est ipsum distinctio totam et sed. Architecto hic consequatur accusamus et. Illum dicta fugiat facere enim. Non voluptatibus ab cumque perspiciatis. Repellat qui harum qui eum minima repellat.

Eos tempore quia delectus quia omnis impedit qui. Sapiente laborum neque vel beatae quam ipsam. Molestiae est cupiditate doloremque modi. In omnis eaque veritatis magnam. Iure placeat numquam quasi dolores.

Ad error et nam perspiciatis ut quis. Quos et neque fugit est consequatur qui adipisci vel.

Cupiditate nostrum ad quia consequatur. Saepe amet est impedit qui quis quis. Alias laborum vitae earum repellat assumenda a. Iste molestiae a vel assumenda rem nesciunt qui.

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

Career Advancement Opportunities

June 2026 Private Equity

  • The Riverside Company 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.2%
  • Blackstone Group 98.9%
  • Warburg Pincus 98.5%
  • Bain Capital 98.1%

Overall Employee Satisfaction

June 2026 Private Equity

  • KKR (Kohlberg Kravis Roberts) 99.6%
  • The Riverside Company 99.2%
  • Ardian 98.9%
  • Blackstone Group 98.5%
  • Starwood Capital Group 98.1%

Professional Growth Opportunities

June 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.2%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

June 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (97) $363
  • 3rd+ Year Associate (104) $281
  • 2nd Year Associate (234) $272
  • 1st Year Associate (411) $229
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (95) $134
  • 1st Year Analyst (271) $124
  • Intern/Summer Associate (37) $80
  • Intern/Summer Analyst (351) $61
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
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
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...”