Math needed for private equity?
I am a undergrad thinking of going to PE for work. Does anyone know what are the math levels needed for landing a PE job? I've got univariable calculus and business stats. What else would I need?
Addition, subtraction, multiplication, and division are all good to know. Sometimes you'll need to put things in parenthesis or use exponents too.
I gave it an SB to even the score. 99% of PE math is the four basic operators. Occasionally you'll have to google a formula (like predicting inv/ar/ap from days, or remembering how to calc CAGR, etc), but the math of it isn't particularly difficult.
I will say that it's good to have a college level understanding of statistics, if only because it helps you interpret data in an intellectually honest way.
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