Yeah, it's definitely a real PE firm since they do actually buy up companies and acquire/merge them with others. They have a portfolio of companies as their website describes. My official job would be to "do market research on one of their portfolio companies" and basically I would be scouting out a lot of firms in a specific industry that meet a specific requirement that they need for an acquisition. Cold-calling.

I could spin it in a good way, but I am a little disgusted by unpaid work despite the fact that these guys are definitely well off (some of their closest colleagues have wikipedia pages).

I guess the positives outweigh the negatives since I can learn a lot about an industry, potential for very high-up connections, and have PE on my resume as a freshmen, but I don't want to be looked upon as a bitch.

 
Best Response

Given that you want to do IB after undergrad, I would for sure do either the PE internship or both. PWM doesn't have as many transferrable skills for IB as would a PE internship. However, you shouldn't be "disgusted" about unpaid work.

As a freshman, you don't have any phenomenal skills that will really add value to the firm. You should be thankful for having a PE internship opportunity at all, as I'm sure there are thousands who would kill for even an unpaid opportunity.

But yes, given that the skills you will learn from PE are very similar to those needed in IB, it makes the most sense to do the PE one; especially with the connections you'll gain from it.

 

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