Contrary to what one might think, recruitment for private equity investment professionals often begins in the first year of their undergraduate courses on investment banking, consulting, or other domains. This requires the candidates to be ready for an interview fairly early in their academic journeys if they wish to land plum jobs. They need to approach headhunters, as against post-MBA candidates who can depend more on the career centers of their graduate schools.Get this part right, and candidates can be assured of a great start to a career in private equity. The move from banking to private equity is a prestigious one, with firms making a beeline for top candidates. Hiring for the summer cycle of a particular year is often complete by July-August of the previous year! It is also true that recruitment continues at other firms all the year-round, so there will be more chances.Interviews at US private equity firms can take from a few days to a few weeks, depending on various factors. The duration of an interview can vary, though it tends to be much shorter than in investment banking.Aspiring private equity investment professionals can expect behavioral and technical interviews, as seen in investment banking too. In addition, they could be tested for:Investment acumen: broad case studies similar to consulting, or detailed investing exercises requiring perusal of filings and preparing an investment memoLeveraged buyout (LBO)-specific technical competence: financial modeling test or one stretching over a few hours.As with most job offers, firms may not allow candidates much time between making an offer and accepting it. Candidates must resist the temptation to kickstart a career in private equity by jumping at the first offers they get and must do the right due-diligence to avoid any future disappointments.Here are the top questions to ask:How many product lines or\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Contrary to what one might think, recruitment for private equity investment professionals often begins in the first year of their undergraduate courses on investment banking, consulting, [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/2739"}],"collection":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/comments?post=2739"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/2739\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/media\/2740"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/media?parent=2739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/categories?post=2739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/tags?post=2739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}