Maybe you are interested in an internship? The duration of an internship is usually 3 to 6 months. What your main tasks will be? Supporting the analyst or associate in monitoring portfolio companies, cold acquisition to source new deals and building financial models.
Where you will assist the analysts and associates depends on the stage of the deal:
There are differences within the PE sector, such as type of deals, working hours, and the focus on specific sectors. Do your research before you apply for an internship. Candidates should have an affinity with finance related subjects like finance, econometrics, or accounting. And I repeat, affinity. It is not a requirement that you study finance to work in Private Equity.
The thing is unfortunately that PE companies don’t usually hire candidates without any experience… The moral of the story is that prior experience in other fields of finance, for example Corporate Finance/ M&A, will get you a long way.
Investing in multiple internships and extra-curricular activities during your studies will help you stand out and will give you the chance to start an internship or maybe even an analyst position at a private equity.
Our tip? Take your time and invest in your resume.
- Invest in extra-curricular activities during your bachelor
- Take your time for your Masters and finish it in 2 years instead of 1
- Do an internship in Corporate Finance
- Finish your Masters with an internship in Private Equity
- Rock your internship and get an offer as an analyst
- Or, invest in a career in Corporate Finance or Strategy Consulting and switch to Private Equity after two years