Graduated Early - Questions about preparing for On-Cycle and the GMAT

I graduated from undergrad in December and will be joining a BB as an analyst in the summer. Until then, I am working at a lower middle market PE firm and planing to do some preparation for PE On-Cycle recruiting and study for / take the GMAT. Would love any advice as to how best to use my time ahead of recruiting and any recommendations for courses / study materials for the GMAT.


Thank you!

 

Based on the most helpful WSO content, here are some tips to prepare for On-Cycle PE recruiting and the GMAT:

On-Cycle PE Recruiting Preparation: - Understand the Process: Familiarize yourself with the timeline and expectations of on-cycle recruiting. It's a fast-paced and highly competitive process. - Polish Your Resume: Ensure your resume is impeccable and that you can discuss every detail on it confidently. - Behavioral Prep: Refresh and polish your behavioral interview responses. Practice them out loud and consider doing mock interviews with peers. - Technical Skills: Sharpen your financial modeling and case study skills. These are critical and can be the differentiator in the recruiting process. - Networking: Start building relationships with headhunters (HHs) as they play a crucial role in the PE recruiting process. - Investor Mindset: Develop your ability to think like an investor. This mindset is key in PE interviews and case studies.

GMAT Preparation: - Study Materials: Consider reputable GMAT prep courses like Manhattan Prep, Kaplan, or the official GMAT study guides. - Practice Tests: Regularly take practice tests to gauge your progress and become familiar with the test format. - Time Management: Develop a study schedule that allows for consistent study without burning out. Balance is key. - Focus on Weaknesses: Identify areas where you need improvement and allocate more time to those sections.

Remember, while a high GMAT score can help, it won't completely make up for a poor academic history. It's one component of your profile that demonstrates your abilities and work ethic. As for courses, Wall Street Oasis offers various courses that could be beneficial, such as the WSO Networking Guide, Investment Banking Prep, and Private Equity Interview Prep. These resources can provide you with a structured approach to your preparation efforts.

Good luck with your preparations, and remember to focus on what you can control and put your best foot forward!

Sources: A Guide on How to Navigate On-Cycle PE Recruiting, https://www.wallstreetoasis.com/forum/private-equity/a-guide-on-how-to-navigate-on-cycle-pe-recruiting?customgpt=1

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

Earum quae tempora ab in rerum laborum. Animi voluptates eum ex dignissimos laborum nisi. Nobis debitis rerum ducimus ex maxime. Exercitationem rerum cum temporibus.

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

Career Advancement Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $266
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $59
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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
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...”