KKR PE straight out of undergrad vs top BB?
Have an offer to a/MS top group. Have to respond to them by end of next week otherwise I lose that group.
Just got invited to aearly next week. Let's assume that I ll get the offer otherwise this discussion is moot.
For those who don't knowout a PE analyst program this year. It is a 2 year track with no guarantee of promotion to associate at the end. Let's just assume that this will be a 2 and out program.
Which offer would you recommend? I don't have a lot of time to decide so I thought to post this as soon as I could. A bit of context - my goal has always been to go to PE but I saw myself joining as an Associate rather than an analyst so that I could go to b-school right after. Secondly I asked about what the work would be like as a PE analyst in my first round at KKR, and they said analysts would be very involved in the process just like Associates. When I asked about technical and modeling exposure - the answer I got was less convincing. I asked for a's PE analyst program, they said it would be less technically intensive and more 'diversified'. To me that sounds like I might be stuck doing a lot of qualitative, administrative and due diligence type work?
I like my toptop group offer. But at the same time it is KKR (holy grail of PE) and I wonder if passing up on a KKR PE offer will be a huge mistake. It definitely seems to me that breaking in now will be easier than breaking in later.
Sorry for the long post, but the end question is this. Should I go the safe route - 2 years of top banking experience? Or should I go with 2 years of the KKR PE analyst experience? If I go with KKR, what will I do after 2 years? Will it be hard to find a job as an Associate at another top MF without having banking experience? Will it limit my exit opps? Would it be risky to join the first ever class of KKR PE analysts without any clear idea of whether the program will be successful? I am not sure if KKR has a clear vision for this program.
Just wanted to hear everyone's thoughts (). Thank you!