Do you want PE or HF? They are very different jobs
For PE...can't go MBA -> PE without prior PE experience. Generally think getting PE experience in Europe would be your best move - probably won't be at the US MFs, but start by getting into PE and then lateral to a US-based fund's European team, even if it's a bit smaller. Work for a few years and then ask to move over to the home office.
If you attend a top 5 school, the HFs should recruit there - definitely not a guaranteed path like MBA -> IB is though, definitely a risk you end up at a small shop with limited optionality out of there. You need to be really sharp and attuned to the public markets. HFs also care a lot about prestige... if you are an analyst at a top group at GS and land HBS, that is a lot different than coming from a mid group at DB and going to CBS.
Alternative is to lateral internally into equity research, which is an excellent HF training ground and they tend to pluck juniors out of those seats. Can skip the MBA there. Might even be able to move over to the US immediately on the L-1
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Do you want PE or HF? They are very different jobs
For PE...can't go MBA -> PE without prior PE experience. Generally think getting PE experience in Europe would be your best move - probably won't be at the US MFs, but start by getting into PE and then lateral to a US-based fund's European team, even if it's a bit smaller. Work for a few years and then ask to move over to the home office.
Thanks!! Helps a lot!
Do MBAs have added value with regards to joining a HF compared to a non-MBA investment banker?
If you attend a top 5 school, the HFs should recruit there - definitely not a guaranteed path like MBA -> IB is though, definitely a risk you end up at a small shop with limited optionality out of there. You need to be really sharp and attuned to the public markets. HFs also care a lot about prestige... if you are an analyst at a top group at GS and land HBS, that is a lot different than coming from a mid group at DB and going to CBS.
Alternative is to lateral internally into equity research, which is an excellent HF training ground and they tend to pluck juniors out of those seats. Can skip the MBA there. Might even be able to move over to the US immediately on the L-1
I owe you one mate 🫡
I've seen many people break into MFPE through an M7. Just shoot for the top MBA program if you have relative work experience.
Without prior PE experience? Not happening.
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Repellendus corporis cupiditate corrupti aut autem recusandae. Distinctio quis dignissimos quis rem ducimus nam asperiores. Nihil eaque sapiente omnis accusantium ex quis perspiciatis. Suscipit eum odit qui voluptas est ipsa molestiae.
Cupiditate quis consequatur autem quae et. Autem voluptates aut aperiam laudantium. Dolorum amet dolorem molestiae sit numquam aperiam tempora. Temporibus omnis veniam nemo nam magni eum.
Possimus commodi quidem quia ab tenetur eos consequatur. Eos explicabo iusto voluptatem iure. Odit sint quia dolorum vitae delectus consequatur.
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