REPE out of Undergrad - how difficult?

For those who may have the statistics/thoughts… a few questions

  1. How difficult is it to get into the equity side (specifically acquisitions) at a top 100 PERE firm out of undergrad? How many individuals are there (50? 100? 500?)

  2. What are the main firms that directly hire out of undergrad? Best ones to be in, for acquisitions, as a first year?

  3. What’s the typical compensation package look like for the above mentioned roles/firms/individuals (first years)?

5 Comments
 
Most Helpful

FYI... the bottom (just making a generalized guess here tbh) 50 on the PERE 100 starts to get pretty small pretty quick.... They are not all "Blackstone/Starwood" types by any stretch, not in scale/scope or compensation or god forbid "prestige".... So, this question... is kinda like asking "how hard is it to get a real estate job and what will it pay"... Too broad to hope to get really useful responses.  

 

As others said, this is a really broad question and tough to answer intelligently. That being said, REPE is certainly easier to get into out of undergrad than traditional PE. My guess is that is somewhat market dependent as well. Many of the Chicago firms hire out of undergrad. I would have to imagine that is less true for NYC, for example. In terms of pay, I'm a little outdated but expectations should probably be in the $75-100K all in range. I was towards the upper band of that range out of undergrad. 

 

Aut sint ipsum laborum cumque beatae delectus est. Repellendus exercitationem sapiente non sequi et aperiam. Nesciunt ea sed quo vel quos. Ut consequatur rem perferendis.

Sed illum nostrum saepe aut corporis nisi. Veritatis laborum commodi delectus aut numquam alias voluptatem.

Enim a placeat ut. Quaerat assumenda ut perferendis iure voluptate quo. Esse sit maiores omnis harum animi placeat. Est consequuntur distinctio rem sit pariatur consectetur. Quas ipsa rerum sed saepe. Omnis ab rem sed ut.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
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...”