KKR 2021 Analyst Program
I've heard KKR has started reaching out to people on Handshake about opening up their applications for 2021 soon. Has anyone heard anything yet?
Trending Content - Private Equity Forum
| +79 | The Peanut Portco | 7 | 3d |
| +53 | Seeking External Perspectives | 16 | 3h |
| +21 | Rejoining old firm - Guaranteed Promotion? | 1 | 15h |
| +21 | Reneging on an offer | 8 | 4h |
| +19 | Cold Pitching an Investment Idea for a VP Seat | 3 | 1d |
| +19 | American PE VP who needs to move to London for personal reasons - how should I go about it? | 8 | 1d |
| +19 | Negotiating sale economics with CEO? | 4 | 2d |
| +18 | Career Advice | 1 | 2d |
| +18 | LMM PE to PE-backed Corp Dev? | 2 | 5d |
| +16 | GP Associate 1 Comp | 5 | 2d |
Career Resources
There was a virtual presentation last night about it sent to target school's career sites. The program is looking to take 1-2 analysts per group. It seems super competitive. What I've heard is most of the analysts last year were from H/W/P with BB IB junior internships. Interviews will start in May with offers given late June or early July. They want to lock in analysts for 2021 before summer internships are done.
Did you recieve an email with the application? I attended the webinar series this past week but did not get it yet.
Same, I was registered by haven't gotten anything yet.
Specificall, the application is to targets opening April 10 - 26. First round is call/skype in May and will be wrapped up beginning of June (I'm pretty sure I heard June).
They understand if your internship is cancelled. They said a junior internship isn't mandatory but take it with a grain of salt
They're taking 10-15 pp
I don't remember hearing that junior year internship is not important but I feel that they will understand the current situation.
they said it wasnt mandatory
be realistic. unless your last name is Kravis, junior year internships from EB/BB matter a lot. if you can’t get a banking gig good luck with getting a kkr one
.
My last name is Kohlberg - FUCK
Damn you sound like the kid who puts "Incoming Investment Banking Analyst" on your linkedin. It’s called leveraging. Also are kids just not allowed to apply to shit? Just because someone can’t get with Dua Lipa doesn’t mean they’re not allowed to dm her.
My first name is Robert - what’re my chances looking like?
Did they say anything about whether the application will be released online in an open capacity or if it will be an invite only thing (i.e. only emailed to certain individuals)?
wondering the same thing.. are we automatically excluded if we dont go to H/W?
they are releasing application to everyone registered on the webinars
Does anyone know if they’ll be hiring for a London role, or if this is just for a US role? Thanks!
Only US. They said they are also hiring for Asia on an as need basis.
is anyone going to be on the webinar tonight? i signed up earlier today and have not received a link yet.
How did you sign up for the webinar?
.
delete
That's easy: target school, blue chip junior year summer internship, high GPA, leadership in finance extracurriculars
Hey, getting ready for this process for next year - have a blue-chip internship but don't want to be one of those people that puts it up as incoming on Linkedin. How did you market your blue-chip internship to them? Just a line on the cv/cover letter or was it Handshake/linkedin that did it for you?
Has anyone gotten the application invitations yet (After the webinars)?
Nope, but the app should be coming out sometime today
Weird because it’s 7:29 PM EST and I still haven’t gotten the application (I attended the PE webinar). Did anyone else registered for the webinars get it?
Haven't gotten an invitation to apply yet
Has anyone gotten the app yet? They said in the webinar they'd send it to the participants the 10th.
Got it few hours ago
Really? I attended the webinar and I haven't received anything
Can somebody else confirm this? ^
Haven't received it either (attended webinars).
Have not received it either
it went out this morning
I’m going to a top BB this summer but come from a non-target so wasn’t able to attend the webinars/network with people in the firm. Does anybody know if the program will be extended to non-targets?
it won't
The app doesn't even include most of the Ivies. Looks like they are targeting top B-schools + Harvard + Stanford.
Haven't received.
has anyone received ??
came in for me today (Monday) morning
Same. The Application is live for those who attended webinars
GUYS FOR THE LOVE OF CHRIST DO NOT SHARE THE APPLICATION LINK, IT ONLY DECREASES YOUR OWN CHANCES.
Does anyone know how their returns in Americas have been? I know the 2006 fund wasn’t great, but does anyone have a sense for how the more recent funds are doing / how fundraising for their next fund might go?
There’s a lot of info in their investor presentations and public filings. Recent funds tend to be inflated by things that haven’t gotten fully marked down yet, but that’s true across all funds.
Got the invitation today, at a target. Idk if it is even worth applying to -- have a 3.7 GPA and in a good group at a top BB. Seems like its basically only H/W/S 4.0 GS TMT/MS M&A types
I really don't think that's true. 3.7 from a target with top BB should make you a very competitive candidate. I really think you need to remember that the difference between GS TMT/MS M&A and other groups may be overhyped on this forum. At the end of the day, it gets you an interview, but they will definitely take you over someone like that If you do better on the interview. Just my 2 cents.
What about 3.9 from Brown/NU/Duke, 2 IB internships going to EVR/PJT/CVP this summer?? I know those aren't the target KKR schools, any chance of an interview?
The program's focus is to attract talent different from the typical pipeline to stay competitive. Usually 1-2 students are given FT offers per school they are targeting. My view is that white guys working at EBs and BBs doing IB is not the candidates they are looking for as they can get an endless supply of these candidates through traditional PE recruiting during Fall 21'. I think it is really anyones game
Can shed some light on this, but the majority of students are from H/W - KKR took 3-4 analysts last year year from Wharton and roughly the same from Harvard, which would total for more than 75% of all analysts hired. They look at GPA and junior internships, even in this covid environment. From those they hired at H/W/S, at least half were from PE (BX and Bain Cap). Others included PJT RSSG and other EB's, not many Bulges.
That being said, go apply. Anyone has a chance. Don't think there's ever been a strict mandate that KKR has to take from top targets, but usually the top kids there naturally perform well. Alumni network through clubs and classes is strong, so the few analysts at KKR will pull hard for their alma mater, especially if they know someone good.
Any idea how much networking matters? Is it as much as BB/EB recruiting or would it be less significant since there weren't any on campus/virtual events with representatives from all/most groups? (Webinars had 1-2 people max)
They're also super busy. It's tough getting them to respond and book a time within the timeline when this app is due
Less so - more merit based off of your resume. There's little benefit in networking tbh, but you can do it to get a feel for the firm culture.
mind if I ask if the 3-4 ppl hired are all going to PE? or spread across different business lines?
Does anyone know what the timeline looks like for the recruiting process? Are they planning on offering people before they even start internships this summer?
They said in the call that the applications are NOT rolling, they close on the 26th and interviews start in May over Skype. They want to wrap up the process by end of June/early July so yes, most internships won't have started yet
just wondering if you guys think the analyst program will be more competitive than on cycle recruiting for first year banking analysts? on one hand I feel like I will be better prepped for recruiting by on cycle but this program seems to have a smaller pool.
It will be more competitive in terms of number of spots available, yes. But the interview process will likely not be anywhere near as rigorous as a KKR associate interview. With that said, those I know who have gotten this offer (and i'm sure there are exceptions that I do not know of) all had multiple years of internship experience at GS/MS and/or Apollo/Bain/Blackstone AND were either ethnically or gender diverse. So my guess is, if you're a white guy, your chances probably look better applying as an associate. But you got nothing to lose by going for it. Best of luck!
can someone explain the MS? any take / relevant info would be appreciated.
this is accurate
Do they not need a transcript? I dont see it listed on te application
Also I dont get grades back till at least May, what are you guys doing about that?
I'm pretty sure they request the transcript during the background check phase, which happens after you accept the offer, if you even end up getting an offer of course ;)
Can anyone shed light on what global macro and asset allocation refers to? Is this a FO position? Thanks in advance!
Anyone know?
Did anyone get that email 'advice from analysts' which had little advice?
Yes I'm sure everyone got that
I read "Thank you for your interest....." on the first line of the email and thought they rejected me before I even applied :'(
what sort of questions do they ask in TMT Growth interviews?
idk the specefics, but from my conversation with an incoming analyst at the firm, NGT has a more straightforward interview process than the rest of the platforms.
what do you mean by straightforward?
Was told NGT interviews won't happen until the fall
Delete
also wondering how different it will be from on cycle interviews, especially given how on cycle is literally taking place during ft training these days.
following^
Any idea when BX/Vista/Carlyle release FT 2021 apps?
.
Any chance you could share a source?
BX mid July iirc from last year
" We won’t start recruiting for our full time process until July/August this year. We wait to see how many of our summer analysts accept their returning offers and review our hiring needs at that time. Our jobs will also be posted on our website at that time."- BlackStone Recruiter
I just have a few Q's if anyone can help:
1) Does KKR have a central recruitment team - or are resumes reviewed by members of the teams we apply to?
3) Does anyone know how many schools this got sent out to?/if your school was not on the list if you will be auto-dinged?
second q is dumb i hope u didnt ask that
KKR has a central recruitment team. Given how competetive the pool is going to be, going to a " Target School" will help you immensely.
Apps closed last night.
When does everyone expect to hear back? I can't imagine it will take long, since only applications endorsed by an employee are being reviewed most likley
how do you know only apps endorsed by employees are reviewed?
+Following this - where did you hear this?
lol that is 100% cap, spoke to 2 incoming analysts, and neither of them were endorsed.
Does anyone know how KKR is doing? Know the pre financial crisis fund didn’t do so hot, which hurt them a bit; have the more recent Americas funds done better? Would people anticipate any issues fundraising for the next Americas fund?
Bump
Anyone know if they will interview all the applicants seen as they already pretargeted people?
lmao "interview all the applicants" do you think this is kindergarten?? Not everyone gets an interview, at the very least they probably got hundreds of applicants for ~15 spots. Unless you are a lesbian, black women out of Harvard with a top internship and a top GPA, there's no guaranteed interviews, hate to break it to you buddy.
I think this is a valid question....
Nah dude. If Kravis himself didn’t reach out to you before the deadline, then you have no chance. such is life
How many of you guys applied for the Infrastructure opening. They had a pretty lack luster webinar and I’ve heard they are a lower tier group, but I’m kinda wishing I’d applied to their team right about now.
I put it as second choice. I feel the process is so competitive that any choice outside of first choice is an auto-ding?
I wonder what the spread of applications is per group...surely PE most popular...then how will the rest rank
I'm 100% sure traditional PE was the majority pick, followed by REPE, followed my NGT, and idk about the rest tbh lmao
yeah me too, i think ngt may not have been as popular as maybe the macro team or whatever it is...who knows
Anyone have any ideas on timelines?
when will we hear back i wonder
Timelines vary by team.
do you have any idea of said timelines?
Anyone get the predictive index quiz?
yup
yes. do they send it to everyone?
+1 I think it's sent to everyone per the 2019 thread.
do they judge you heavily on your results here, or is this a "check the box" type of thing.
when did u submit the application? haven't received test :(
did you submit after 26th?
Have you taken the quiz yet? I got an email saying I need to finish behavioural and then this quiz
i wish they'd stop saying 'thank you for your interest' as every email opening.
my heart cannot beat any faster
i wonder how weighted these will be...surely just a screening process
Has anyone done the assessment yet?
^
on that note did anyone not get the link to the assessment?
what do you guys think the interview process will be like/what they will ask for for NGT and client partners group? any specific way to prepare for those if an interview just so happens to be offered? someone previously mentioned NGT is more straightforward? good luck everyone!
probably depends on experience...were you TMT at a BB? VC? etc...
interested in this as well...specifically NGT
are they posting on every school’s handshake? I go to a super non target and I applied through handshake
I guess so, did you get the assessment?
Yeah. I received an email for behavioural and will get a Quiz after completing the behavioural.
Took the assessments. Expect to do a lot of quick arithmetic and pattern recognition exercises.
do you know how they are weighted? or does anyone else??
Been in communication with KKR recruiter abouu the program, was informed that candidates will be informed about their application " either by end of May or Early June".
Hope that helps !
You really think they're going to notify us THAT late? I guessed first rounds mid-may
if they interview us earlier, what will we even talk about :( most internships start mid may if not june
first rounds or offers given out end of may/early june?
first rounds
Anyone know the policy on changing our preferences on the application? Do you think it is too late to do that?/Would it be a bad look if I reached out to HR to switch them?
which one are you trying to switch to lol? Also, I don't think it will look great because they emphasized that we should choose our preferences thoughtfully before submitting the app.
Is there a way to see the Cognitive Test score? curious, was pretty hard lol
Did you finish all the questions?
what was it like...pattern recognition/mental math/etc...?
Yes ! Imagine an IQ test combined with the SAT.
i didn't, but they also noted that most ppl don't
hot damn i got ACT/SAT flashbacks on that predictive quiz. finished it but who knows how much was right lol
How is it similar to the SAT/ACT? Are they making you read a passage and do reading comprehension or something?
damn the test was pretty hard....wish i didnt even bother taking it lol...pretty sure itll auto-ding me
how many questions did people manage to do?
All of them but guessed on a ton
Was a calculator allowed in the test-- do they record you on camera?
I legit got to like page 6 I think when it cut me off. Damn this was bad.
got through 49, but Jesus Christ, those shape sequences made me feel autistic
Was a calculator allowed in the test-- do they record you on camera?
Optio voluptas id magnam voluptatibus deleniti sequi in. Doloremque aut beatae inventore sunt.
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...
Ratione quod est quis nihil vitae autem omnis. Explicabo quo neque asperiores. Cumque et quia ea quibusdam.
Quasi officiis optio perferendis libero aut voluptas quod. Officia dolores rem quia rerum et hic numquam. Laudantium qui ad consequatur molestias. Tempore iusto doloremque quaerat est quasi explicabo officiis expedita. Sint et voluptas quisquam. Dolores beatae optio error labore impedit explicabo quisquam.
Voluptate debitis veniam aut soluta. Harum aspernatur numquam veniam sint error modi molestias. Officia ex ratione et repellendus architecto voluptatem. Quia quae odio maiores quam quis beatae. Error dignissimos asperiores pariatur.
Nisi animi ipsam quis ipsam non eius. Et autem facilis impedit et. Quas officia voluptatum autem.
Nihil neque doloremque est ut aut voluptates. In perferendis in ut ab quibusdam earum. Quia nam eligendi consectetur pariatur hic amet.
Temporibus tempore dignissimos voluptates qui totam aut qui ipsam. Inventore commodi eos ab consequuntur ut quis fugiat. Cum fuga consectetur quas praesentium. Magnam voluptas accusamus sit assumenda tempora consequatur eaque a.
Eius et commodi amet odit. Ipsa sequi eum cumque vel quis aut. Sapiente dolor voluptatem vel libero. Nihil corporis repellendus consequatur porro iste itaque. Nisi eos amet exercitationem earum enim. Maxime culpa voluptatem delectus earum itaque.
Labore magni neque voluptatem voluptatem id ratione. Vero et facilis occaecati id quis. Autem dignissimos at quibusdam a qui qui possimus. Magni occaecati fugiat perferendis corporis sit ut.
Omnis voluptas est quisquam a sed et voluptatem. Accusantium quo voluptatem est. Consequatur ad iste at reprehenderit architecto sint aspernatur.
Qui esse iure enim minima sequi fuga iusto. Ut et ut esse quo error dolores adipisci est. Rerum et est aut harum vel. Sequi est et mollitia qui exercitationem placeat porro.
Et exercitationem aperiam enim dolorem et. Dolores voluptas qui cumque voluptas ut. Dolor aut nesciunt dicta quidem ullam molestiae qui. Doloribus voluptatem quo quam aut id aut.
Nulla consequuntur non recusandae hic sunt corporis quas. Neque eos dignissimos molestias libero pariatur. Animi quod quia corporis reiciendis consequuntur ducimus voluptatum quo.
Ea in quidem commodi facilis rerum dicta. Quia et incidunt dolores dolor molestiae dicta sapiente.
Accusamus id optio sed ex. Quia facere iste minus est sit consectetur eos. Deserunt repudiandae fugit consequatur.
Sunt non aut laborum voluptatum dolore. Deleniti dolorem qui nobis. Ipsam numquam quaerat reiciendis in.
Vero dolore voluptas occaecati ducimus. Deleniti doloribus quo sed corporis cumque. Temporibus aperiam tenetur id quis voluptatem qui.
Molestias rerum soluta officiis autem non. Modi sapiente qui pariatur adipisci aut quam. Qui commodi officia consectetur explicabo ducimus esse autem ea. Saepe placeat fugit error consectetur. Voluptates quod corrupti eos rerum ab veritatis aut.
Consequatur quibusdam placeat earum. Est non eius fugit possimus est ad. Temporibus error quasi velit aut ut sint enim a. Et perspiciatis quos voluptatum nisi iste.