How do people figure out their titles?

Just accepted a summer analyst role with a PE firm in SF. In my offer letter it's mentioned that I'm an "Analyst", but I'd prefer to call myself a Private Equity Analyst in my resume and linkedin. Can I just do that? do people just do that? or would you go to ur recruiter/hiring manager (or in my case the principal cos for some reason he gave me my offer) and ask them if thats allowed?

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