Hello
I am an incoming IB analyst and I know that PE interviews will kick off maybe around August or so. Can someone help explain the on cycle process and more importantly how to prepare for these interviews. Is networking beforehand as important as it was for IB internships?
Would appreciate any guidance.. thank you!
| +63 | MF PE Rankings | 24 | 2h | |
| +50 | LMM PE vs. MF PE? | 13 | 2d | |
| +49 | How hard to study for PE interviews? | 24 | 2d | |
| +42 | How to exit from Continental Europe IB to London PE? | 14 | 3d | |
| +29 | For PE folks who don’t make partner, how much $ is left on the table? | 16 | 10h | |
| +29 | PE Modeling - Software - Bookings to ARR (First Time) | 9 | 7h | |
| +28 | What are the early signs of an exceptional investor? | 6 | 1d | |
| +28 | Future of O&G PE? | 21 | 19h | |
| +27 | Valuation of Operating Solar Project | 9 | 12h | |
| +19 | VP Signing Bonuses | 24 | 10h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
No, networking is not nearly as important for landing interviews relative to IB, especially for on-cycle recruiting. I'd still network though to get a sense of firm culture (lot of shitty people at some firms and you can tell). Also helps you learn more about the day to day, etc.
It's similar to IB recruiting in my experience, but they will really want to see that you are polished / a top quality candidate from the already competitive pool of people working in IB.
You probably know all the basic IB interview stuff if you're starting FT- review that all, and get more guides (WSO one is decent) for PE recruiting specifically. Grind out 10 paper LBO, 10 1-hour models, and then 5 3 statement models till you are confident/good at it.
Figure out and be confident in your preferences- geography, coverage, fund size, etc. You don't want to shoot too broad, try to be realistic with yourself (don't shoot for MF if you're at a MM bank imo, will end up wasting time for low odds).
Be likeable, come across as hardworking and sharp, dress well, carry yourself confidently, and don't be nervous. Fuck them (not really, but hopefully you know what I mean).
Good luck!
Thank you so much for the thoughtful response - I really really appreciate it! Incredibly helpful
Not sure why I’m getting MS but that was my experience.
PM me.
Dolor consequatur labore et aut id tempore est. Deserunt placeat laboriosam et fugiat aliquam dolorem. Ipsam aut harum eos eum ea eius nam.
Vero corrupti voluptatum aut facere. Consectetur magnam dicta eveniet et. Magnam ex inventore provident ut quo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Dolores est explicabo dolorem quidem temporibus a. Et quo aspernatur aut repudiandae pariatur occaecati. Voluptas accusantium facilis qui autem architecto aut. Sit eaque quia commodi dolor perspiciatis accusantium non quam. Itaque animi quibusdam reiciendis et. Iusto quis ut ut itaque et sunt.
Odio nihil odio doloremque occaecati sit. Enim dolore impedit adipisci facere id. Sed nihil et recusandae inventore. Eos ad quidem magni.
Omnis voluptatibus aspernatur quia provident et. Consequatur incidunt vero repellat distinctio qui qui voluptatem. Qui labore nihil et aut. Aperiam ad repellendus in veritatis corrupti vel et. Non sunt provident debitis natus quod voluptas ut. Illum dignissimos placeat aut odit.
Quae excepturi voluptas est quia quisquam alias. Quaerat molestiae quisquam nostrum dolores numquam non sapiente similique. Eum fugiat sit inventore accusamus in at voluptatem.
Molestiae nihil culpa omnis in est tenetur. Et molestiae magni inventore quos velit ut quasi. Molestiae corporis magnam eum sapiente architecto et quis.