Preparing for the buyside

Question

Hello,
I am currently a consultant (MBB) and have accepted an offer to join as a Pre-MBA associate for a lower middle market PE fund next summer.  What do you you think is the best way to prepare for the modeling component for my new job?  Since I am a consultant, this is what worries me the most; I still have a ton of time until next summer though.  Are there any websites / modeling guides you all would recommend?
Additionally, if there's any other advice you all have for preparing for a job on the buyside as a consultant, it would be most helpful.  Thank you!

Excelling · Accepted Answer

Congrats on new job!

abb5134 · Answer

https://www.wallstreetoasis.com/financial-modeling-trainingWall Street Prep is pretty good. https://www.amazon.com/Investment-Banking-Valuation-Leveraged-Acquisiti… A good book to use - get the course pack and go through everything. Read a few books about the industry just as a whole, Kings of Capital, Barbarians at the Gate and Masters of PE and VC. Learning the lingo and whatnot will help you hit the ground running. Are you going to be on the deal team or more supporting the portfolio companies? Feel free to PM me if you want to take offline.

genghis1 · Answer

Hi there! I’m an undergrad senior with an offer for MBB after graduation who’s also interested in PE down the line. If you don’t mind me asking,

What sort of industry/functional project experience did you have in consulting? Did any specific projects help you stand out in the PE recruiting process, or prepare you for your coming job?
What was the PE recruiting process like for you? Did you get outreach about these opportunities, or did you have to be more proactive in finding these positions on your own?

Appreciate any insight you could offer!

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Preparing for the buyside

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Preparing for the buyside

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