Question about PE Internships

Hi everyone!

I somehow managed to land a Private Equity Analyst Internship going to a non-target school. My intention overall was to go into IB and then PE after, but I started too late on that. Now I'm slowly approaching my last year graduation, Winter 2020. From what I know is that usually you stay in IB for two years and leave and start making like 300k in PE, repetitively.
My question is it possible to make it to the 300k straight up starting as a PE Analyst and working in the field for a few years? Or is that option only if you have worked in IB for two years?
Is it impossible to work as a PE intern and apply for a full time IB internship post graduation?

Thank you in advance!

 

Not sure where you got the $300k number from, but that number is pretty unrealistic unless you’re at a MF or UMM fund. Regardless, money should be the least of your worries right now. Congrats on getting a PE internship, but rather than being concerned about money you should be working hard to get a FT offer if your fund even has an analyst program out of school.

 
Most Helpful

Even with a PE internship, PE analyst positions are mostly only available at the larger funds. It is significantly more competitive than IB due to the number of seats available (which is minimal). Not to deter you from this goal but it's more realistic to try to recruit for both PE and IB and see what sticks.

FWIW, I interviewed interns / analysts when I was in banking. Even if they had PE internship it was fairly easy to tell which one's actually did something and who simplified logged deals for the associates. Moral of the story; internships vary a lot so try to ask questions about what you'll actually be doing during the summer.

 

Qui voluptatem at provident enim vitae error autem. Qui molestias numquam impedit ipsum enim facilis et explicabo. Autem voluptas minima et beatae voluptas temporibus. Cumque reiciendis debitis est laboriosam fugiat. Neque velit voluptatibus et possimus in molestias. Reiciendis voluptatem quas molestiae voluptas.

Quod est pariatur voluptatibus voluptatem deleniti. Quod dolorum eos accusamus at est accusantium. Aut quo velit perspiciatis expedita eius esse modi.

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...”