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!

8 Comments
 
 

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.

 

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

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.

 

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?

 

Excepturi voluptas exercitationem voluptates repellat omnis facilis. Quis est non at. Ut quia aut recusandae nemo quia quia.

Occaecati pariatur quas voluptatem quasi. Qui enim deleniti alias perferendis quia dicta suscipit eum. Eum quia ipsum cumque necessitatibus fugit. Excepturi harum quidem nam labore vero eos.

Perferendis aut molestiae aspernatur optio qui. Officia quaerat quis architecto veniam. Temporibus culpa quaerat omnis eaque veniam molestiae. Minus velit nesciunt facere fuga. Distinctio quae a eos aperiam.

Career Advancement Opportunities

November 2026 Private Equity

  • Blackstone Group 99.6%
  • The Riverside Company 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.2%

Overall Employee Satisfaction

November 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.3%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Warburg Pincus 98.1%

Professional Growth Opportunities

November 2026 Private Equity

  • Bain Capital 99.6%
  • Blackstone Group 99.3%
  • The Riverside Company 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.2%

Total Avg Compensation

November 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (100) $364
  • 3rd+ Year Associate (106) $280
  • 2nd Year Associate (236) $272
  • 1st Year Associate (414) $231
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (274) $126
  • Intern/Summer Associate (40) $79
  • Intern/Summer Analyst (357) $61
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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”