Nontraditional Background to PE

I'm headed to one of HSW this fall and coming from a nontraditional background (military, sports, arts, etc.). I studied math at one of HYPSM in undergrad, for whatever that's worth in this process.

I managed to pick up a pre-MBA internship this summer at a LMM fund. I know how PE recruiting, even from HSW, is an uphill battle--but especially so without traditional PE experience.

Will my summer internship give me enough to have a fighting chance in recruiting? I'd be targeting MM funds, as it's pretty clear to me that MFs are out of the question.

Any advice on how to go about this would be much appreciated!

Comments (8)

Jul 9, 2020 - 6:17pm
earthwalker7, what's your opinion? Comment below:

I was similar to you. Is it possible to go from nontrad>MBA>PE? Yes, maybe. Is it likely? No, because you're a higher-risk for the hiring firm than other candidates. Is it a good idea for you? No because winning the job is the easier part. Doing the job is more difficult. Without the proper IBD training, you're going to throw yourself into full time work where you're expected to deliver, and you will not have the tools to do so. THat's where I f'ed up. Don't do that to yourself or your employer.

Jul 9, 2020 - 6:31pm
VP in Other, what's your opinion? Comment below:

how would one be able to gain the skillset needed to succeed in a PE role from the path outlined above then? surely just IB isn't the only way, right?

Most Helpful
Jul 9, 2020 - 8:06pm
earthwalker7, what's your opinion? Comment below:

Kind of is actually. No PE shop will have patience as you learn the basics, and few have resources to help you learn. I feel like I'm talking to myself, 10 years ago. No, you can't just pick it all up in Wall St. Prep or TTS or BIWS. You have to go thru the program, get transaction experience, fuck up a bunch, learn some stuff, then go to PE.

Jul 9, 2020 - 9:24pm
VP in Other, what's your opinion? Comment below:

would you say working @ MBB, or say Bain to be specific, within their PE ringfence would provide the firsthand experience needed? also, given you were a nontraditional candidate, what background did you have & how were you able to earn a role & progress in it?

  • Analyst 1 in IB - Gen
Jul 9, 2020 - 8:51pm

Aliquid illo sit animi molestiae voluptatibus veritatis. Ullam quo sunt sunt voluptatibus consequatur. Similique animi reiciendis voluptatibus deleniti est nulla consequatur. Aut consequatur sit perferendis repudiandae ut. Corporis ut et sit earum voluptates est. Amet veritatis voluptas ab sunt inventore exercitationem. Autem porro vel deserunt enim accusantium magnam.

Facere rerum iure perferendis aut quia. Facilis rerum aut ut modi repellat.

Et dolor voluptatum quibusdam perspiciatis itaque praesentium pariatur. Ullam quas quo consequatur dolore reprehenderit ut. Eveniet architecto dolores voluptates accusantium atque nemo eaque eos. Eius sit qui ut consequatur dolorum molestiae est.

Start Discussion

Career Advancement Opportunities

May 2022 Private Equity

  • The Riverside Company 99.4%
  • Apollo Global Management 98.8%
  • Warburg Pincus 98.2%
  • Blackstone Group 97.6%
  • KKR (Kohlberg Kravis Roberts) 97.1%

Overall Employee Satisfaction

May 2022 Private Equity

  • Blackstone Group 99.4%
  • The Riverside Company 98.8%
  • KKR (Kohlberg Kravis Roberts) 98.2%
  • Ardian 97.6%
  • Bain Capital 97.0%

Professional Growth Opportunities

May 2022 Private Equity

  • The Riverside Company 99.4%
  • Warburg Pincus 98.8%
  • Bain Capital 98.2%
  • Apollo Global Management 97.6%
  • Blackstone Group 97.1%

Total Avg Compensation

May 2022 Private Equity

  • Principal (8) $676
  • Director/MD (19) $584
  • Vice President (76) $364
  • 3rd+ Year Associate (81) $276
  • 2nd Year Associate (161) $257
  • 1st Year Associate (335) $223
  • 3rd+ Year Analyst (27) $157
  • 2nd Year Analyst (68) $134
  • 1st Year Analyst (217) $127
  • Intern/Summer Associate (21) $67
  • Intern/Summer Analyst (244) $58