Is it possible to get recruited out of college as an associate or higher?
So, I was talking to a Investment Banking hopeful (I want to get into Private Equity myself) online. Obviously, a lot of people lie online, so I'm pretty wary as to what I trust. Something that caught my attention was that he says a guy he knew got hired as an associate right out of undergrad. That got my attention, because if it is possible, I'd very much be interested. I mean, I was under the impression that you had to get an MBA or CFA to become an associate. Assuming you went to a target school, got a 3.5 plus GPA, and got good internships, can you become an associate right out d undergrad? Or is the guy just lying?