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Comments (5)

Oct 29, 2006 - 1:41pm

you need that MBA, its my understanding that the main way to get into PE is from an Investment Bank, since PE firms want you to have the skills from the get go.

And since IBs tend to focus thier efforts on recent grads, you'll have a hard time getting in.

Disclaimer: The post above has been made by someone who is not currently employed in IBD...follow the advice at your own risk

Oct 30, 2006 - 6:08pm

i was able to break into PE with a non-finance background (was a science major) straight from undergrad, but i had one banking internship, come from a top 3 ivy, and had to use mad connections... i mean, it is theoretically possible, but it wasnt easy. i turned down a bunch of pretty good consulting offers in order to wait for the "right" finance position. it was really stressful seeing all my peers securely employed while i kept interviewing and intervieiwng.... the process took about 8 months.. i wouldnt recommend it unless you have a strong stomach.. not to mention a ton of connections and an equally large amount of luck

Oct 30, 2006 - 7:39pm

Thanks for the replies. I know it's a long-shot scenario, but I just wanted to get some feedback from outside my immediate circle of connections.

Are you with one of the mega-funds (Blackstone, TPG, et al) or a more average-size fund? What has your experience been like from a training standpoint? (It's my understanding that most PE firms are far too small to invest in a training program - they expect their analysts to come fully-formed from BBs.)

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