Virtual On-Cycle 2022 Recruiting

What would a virtual on-cycle recruiting season look like (hypothetically)?

Has anyone in PE heard from their firm regarding this year's process?

If virtual, how would that impact the types of questions candidates receive?

Also, wouldn't it impact the fairness / level-playing-field (or any pretense thereof) for candidates? E.g. some people will have solid computers and desktops, clean and quiet setting, etc. and others won't...

Any other thoughts on potential impact on the process?

 
I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

I'd bet my money on PE firms holding on-cycle virtually this year or more firms waiting until off-cycle. Even if they CAN hold on-cycle in-person, it only takes one sick kid to infect the whole room. Not only is that a bad look in the media but also it is a real threat to the investment professionals themselves.

The risk of in-person on-cycle is not worth the reward from the firms' perspective.

 

Ut quos quidem non quaerat. Officiis voluptatum fuga ut excepturi in. Odit cumque voluptas quo beatae incidunt dolorum dolor ducimus. Voluptatem et incidunt ipsa est maxime et. Temporibus eaque cum consequuntur est nemo doloribus.

Career Advancement Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

April 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

April 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

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (90) $280
  • 2nd Year Associate (205) $268
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $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
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.8
10
Jamoldo's picture
Jamoldo
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...”