Post-MBA PE/Buyside Recruiting from Wharton (with megafund background)

robes's picture
Rank: Baboon | 120

Hi guys -

Can folks help me get a sense of what post-MBA buyside recruiting looks like at Wharton (and Columbia too)? I understand that HBS/GSB typically has the the most representation at megafund PE (at least where i work), but for someone who has the "right" background (i.e. top tier banking at GS / MS, megafund PE at a BX/KKR/TPG with closed deals on resume)?

My goal will be to target primarily MM and MF PE roles post MBA, and selectively also target hedge fund roles. I'm most likely ending up at either Wharton / Columbia for school so wanted to get a sense of any uphill battles i might face given it's not HBS / GSB.

Comments (17)

Oct 24, 2017

Columbia has a much stronger presence in hedge funds/Asset Management/public equities than it does in PE. People do make it to PE, but it's a real slog, and I think it's pretty rare for someone to make it to a megafund post-MBA out of there.

I'm pretty sure Wharton will position you better. I don't know of many people with megafund experience who went to Columbia though, so maybe you would do better than the typical candidate.

Booth might be a solid option as well if you can't make it into HBS/GSB.

Oct 24, 2017

H/S >>> W/B/C for buyside recruiting but with the right background, you should be able to accomplish your goals from any of them. Just a lot more on campus recruiting at H/S

Oct 24, 2017

Wharton does get on-campus recruiting from several MFs, I know several people that have scored jobs out of their MBA. It's probably a step behind H/S but definitely above Booth/Kellogg/Columbia. Depending on location, Booth and Kellogg might position you better for MM PE than Columbia. Obv the NYC location is a benefit for networking, but IMO the Chicago schools are generally better regarded in the rest of the US, especially for non public equities.

Oct 24, 2017

my sense so far is that most megafund associates who do end up going to b school usually only go to H/S...W is not something they would consider (at least based on my experience at my current fund).

For those who are in Wharton, is most of the competition for PE recruiting coming from former MM PE associates? My 5 min linkedin search doesnt seem to indicate there is a large MF PE associate population at Wharton but just trying to understand the "lay of the land" for Wharton PE recruiting

Oct 25, 2017

That seems somewhat true. Curious to hear, with that type of background, i.e GS / MS -> BX / KKR / TPG, my understanding is that it's a typical to get into H / S, no? Do you have a bad gmat, bad undergrad school name, gpa and is non-traditional in anyway? Not trying to undermine or anything, tremendous achievement but guys like you usually go to the top 2.

Oct 25, 2017

lol my undergrad, GPA and GMAT were all fine....i suspect it had to do with being a white, cis-gendered male, and / or only having weekend drinking as an extra-curricular post-college

Oct 25, 2017

Did you actually apply or are you just assuming you're more W/C/B?

Oct 25, 2017

already applied and got dinged from H and S so hoping for W / C

Oct 25, 2017

My sibling is a Wharton MBA alum with your type of background - from what I have heard from him, the population of former megafund associates at Wharton is extremely small. Most TPG / KKR types have a HBS / GSB or bust mentality and won't even consider Wharton, so if you end up there your competition might be less since you're one of the few handful of MF guys who "settled" for Wharton.

Oct 26, 2017

I am all too familiar with that mentality where i work - i think in the last 2 years we have sent 8-10 people to HBS alone. I suspect those who don't make the cut end up skipping b school altogether.

Oct 26, 2017

Could you try again next year and start volunteering like, tomorrow?

Oct 26, 2017

the thought of spending my time on the weekends volunteering and "helping the community" for the next year just to marginally increase my chances at H / S makes me cringe....maybe that's why I am not H / S material and would fit in more at W ;)

Nov 4, 2017

Bump for color on Wharton recruiting. Same boat as above except I also volunteered for 2.5 years now.

Nov 12, 2017
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