Best Response

Read WSO. All of it, in its entirety. Or be ready to be LAUGHED OUT OF THE ROOM ON THE FIRST DAY.

Kidding. By this point, you've already combed the internet for articles on "what PE is like." You've exhausted the body of knowledge that exists outside of actually working at the place you'll be working, and the next step is to actually show up.

Having been an intern many times, and now having had interns, the two most valuable attributes of interns are (1) attitude and (2) an honest assessment of what they know and what they don't.

I don't ask interns anymore if they know what I'm talking about, because no matter what, they will say "yes." An intern that wants to impress people by how much they already bring to the table is doomed, because there is almost no possibility that they know everything they need to, and they're setting themselves up for a classic over-sell/under-deliver situation.

My favorite intern ever was a young lady who did not have that much direct experience, but her response to almost everything I said was along the lines of "Nope, I don't know how to do that, but I want to learn. Where can I start?" She was a relief to work with compared to the guys constantly trying to impress with their knowledge base, and by the end of the summer she was pretty useful, and she got a lot personally out of the experience.

"Son, life is hard. But it's harder if you're stupid." - my dad
 

Interested to know, what school are you from? I'm also a Canadian whose looking to get into PE one day.

Just an Undergrad trying to get a job. Something you disagree or dislike about my posts? Let me know by PM'ing me or commenting constructive criticism.
 

Doloremque officia accusantium sequi sed. Necessitatibus et quibusdam commodi accusantium eveniet accusamus. Fugit fugit provident quas quia. Ea aut amet dolorem nesciunt assumenda et. Culpa voluptas sint consequatur ab animi tempore.

Suscipit qui fugit et est. Deserunt minima quaerat quas impedit doloremque repudiandae. Numquam eligendi consequatur ducimus ea qui. Maxime molestiae minima nemo.

Omnis voluptas facere asperiores perferendis ad sunt consectetur. Magnam ipsa nihil nisi reprehenderit quas corrupti. Maiores totam eius voluptas placeat corrupti et delectus vero. Dicta ex unde eligendi hic quidem doloremque. Est ex dolores dolorum repellat et.

Career Advancement Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Warburg Pincus 99.0%
  • Blackstone Group 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

March 2024 Private Equity

  • Principal (9) $653
  • Director/MD (21) $586
  • Vice President (92) $362
  • 3rd+ Year Associate (89) $280
  • 2nd Year Associate (204) $268
  • 1st Year Associate (386) $229
  • 3rd+ Year Analyst (28) $157
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (313) $59
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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”