PE firms and MBAs - 2021 Update

While 15 or 20 years ago, it may have been a necessity, or just general understanding, to get an MBA prior to advancing a career in finance, it seems like that trend has generally unwound today. 

Could anyone provide insight into firms that they know do still require MBAs? Street word is that some of the old line, middle market firms still might, whereas the major MFs have stopped doing so. But, any specific names, either that do, or don't, would be greatly appreciated. 

Cheers

5 Comments
 

From my understanding, it's a hit or miss. It seems that largely having an MBA is becoming less important as:

1) MBAs are taking in less people with the IB/PE experience, which means that less deal experienced people are available to hire from MBA schools -or-

2) There are a ton of very talented people that aren't seeing the value-add of 2 years of networking / hanging out when they could close 2-4 more platforms and/or get some real operational experience that are looking to lateral early = plenty of good talent coming to your doorstep without having to train from scratch.

It depends on your goals, but for me the value prop is dropping. Curious what other people think.

 

Officiis rerum libero et aperiam qui quidem delectus. Aut harum occaecati non sit incidunt non laboriosam. In veniam omnis nemo nulla.

Omnis quasi et atque quos eligendi quidem rerum repellat. Aut ab harum nesciunt aliquid cumque architecto consequatur.

Omnis dolores eligendi corrupti ratione. Inventore voluptas ea voluptates at. Velit vitae earum velit occaecati.

Career Advancement Opportunities

June 2026 Private Equity

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

Overall Employee Satisfaction

June 2026 Private Equity

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

Professional Growth Opportunities

June 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.3%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

June 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (98) $365
  • 3rd+ Year Associate (104) $281
  • 2nd Year Associate (235) $272
  • 1st Year Associate (411) $229
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (272) $124
  • Intern/Summer Associate (38) $81
  • Intern/Summer Analyst (355) $62
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

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...”