How to Get Into Private Equity ($300K+ 2 years out of college) | Process & Study Materials

The private equity 2021 on-cycle process is right around the corner. Hopefully this video offers some helpful context on the entire process. If you're interested in the course from Financial Edge, use my code ANGELA25 to get 25% off your purchase: bit.ly/3bqBcge
Good luck and comment down below with your thoughts / any questions!
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[@LilAngel1447]

Learned a lot about private equity timelines. Thanks Angela!

[@angelasunx3]

I'm glad!

[@gosnowowls7]

This is an awesome video! Thanks Angela :))

[@angelasunx3]

Thank you for watching!

[@BS-le4dk]

Another great video!

[@angelasunx3]

Thank you!

[@ashijain1463]

hello I am trying to find your video regarding wall street prep just found your channel and loving it so much knowledge addition many new learnings

[@angelasunx3]

Thank you! It should be available in the description box of many of my older videos

[@ashijain1463]

@@angelasunx3 ok thankyou

[@edward2009]

Thanks a lot for sharing!

[@angelasunx3]

Thanks for watching!

[@amalsoo6596]

Great video 😊

[@angelasunx3]

Thanks Amal!

[@tyronemidzi2457]

Quite informative!

[@angelasunx3]

Glad you think so!

[@rhyssharp9673]

This is good info, thanks for sharing! Do many ppl in DCM go to private equity - with the debt capacity analysis, acquisition finance + merger modelling etc, it seems very aligned to what DCM bankers do already? From what I read I see mostly those in an M&A group tend to focus on private equity / the exit opps

[@angelasunx3]

Generally not as many in DCM since the work involved less modeling compared to other groups like M&A, Lev Fin or industry groups

[@J.a.x167]

Thank you so much!!!

[@angelasunx3]

Of course!! Thank you for watching

[@jessefranckowiak]

Great video

[@angelasunx3]

Thanks Jesse :)

[@ashjes6807]

fantastic video!

[@angelasunx3]

Thanks Ash!

[@jasonmileshko2706]

Thanks for sharing

[@angelasunx3]

Thanks for watching!

[@wilsonwambugu1572]

Hi Angela, thank you so much for this informative video. I was wondering if one just does the Investment Banking course from Financial Edge, can it prepare them a private equity role. I have seen that the course modules for the IB course and the private equity associate micro degree are sort of similar

[@angelasunx3]

Yep it'd prepare them well enough on the technicals aspects

[@wilsonwambugu1572]

@@angelasunx3 Thanks for the feedback, much appreciated🙏

[@acch999]

Hi Angela, thanks for the video, may I know if financial edge is better or wall street bootcamp is better? Many thanks!

[@angelasunx3]

Both are great! It's hard to go wrong

[@magarwal867]

I was wondering which prepping materials were best for PE recruiting? I know you mentioned Financial Edge but what is the most worth it that your analyst class had used?

[@angelasunx3]

FE's PE course is helpful - oftentimes if you ask people who'd been through the process they'll have practice models as well

[@belid1235]

Can I get into investment banking with just a business degree but not finance? So for example first an internship and then move forward? Do they accept just business degrees with not finance modules? Thank you

[@angelasunx3]

Yes - you don't need a business or finance degree to get into investment banking

[@belid1235]

@@angelasunx3 thank you so much for answering! Do you know what would be best to start? I applied to an internship and will have a hirevue interview but I have no idea how to pass it. I don’t have a lot of Finance Knowledge that’s why I want to start with an internship at J.P. Morgan london and then hopefully get a full-Time job

[@Carter1297]

Once you’re in the space how hard is it and how stressful is this type of work? I’m a 19yr old majoring in finance and I took some interest in the private equity space along with VC and I’m curious on the type of work you do, the hours, etc.

[@angelasunx3]

Hours and stress vary based on the job / firm. VC will generally have better hours while PE and IB generally have longer hours. Usually the higher the pay the longer the hours / stress at a junior level at least

[@ekko5597]

In terms of hours, 60-80 hours per week is typical, which is well above most financial fields but significantly less than Investment Banking. In terms of difficulty/stress, it depends mostly on the individual and partially on the team. PE is freeform, fast-paced, and requires highly motivated individuals with the intuition to derive their own path forwards. If you prefer structure, stability, direct orders, etc. then Private Equity isn't for you, but if you enjoy complex problem solving, relationship building, and highly independent work, then PE is perfect for you.

[@vssnav]

I joined a BB a few months back as an experienced analyst but have not seen any email communication from PE recruiters (only for other IB roles) that you mentioned in your video. Do these recruiters typically only target those who are right out of school or would it take more time for them to reach out?

[@angelasunx3]

They often get email addresses from previous year analysts who will pass them on, and send those emails to both your work and school emails. They'll generally target analysts regardless of which year they're in.

[@vssnav]

@@angelasunx3 That doesn't sound right to me. Previous analysts are allowed to provide the emails of the other analysts in their group?

[@celdricliamchua2109]

Hi I was wondering graduating from a target school is essential or atleast extremely comman among private equity and if I didn't graduate from a target school what are my chances of going into such a position

[@angelasunx3]

Your role prior to PE probably matters more than what school you went to but I would say many people who go to PE went to a target school (more so than in IB even). Definitely not essential though, just more difficult without

[@SoCalBrian]

Hi again, I watched your other video on investment banking video and I commented on it there and you replied back. Are you working in investment banking or private equity? I know you recommend Financial Edge for learning about investment banking and private equity, but are these courses enough to get an entry-level job in either profession? You also have a link for financial courses from Wall Street Prep, which are less expensive than Financial Edge, can the Wall Street Prep Private Course get you an entry-level job in either profession as well?

[@angelasunx3]

Both are good! I personally had financial edge when it came to training for full time. The info they teach is plenty enough for entry level (even more than you'd need to know going inh

[@jaykwan7932]

I just start my full time IB analyst position at a middle-market investment bank at San Jose. Because my firm is a relatively small form, is this something(email from headhunter) I’m going to get?

[@angelasunx3]

It's hard to say - they oftentimes get the email addresses from the class above you so depends if many from that class went into PE

[@prithvireddy8431]

I am an analyst in investment banking and in on cycle process I got into pe firm will they promote me to VP or more without MBA.If yes which company does that.

[@angelasunx3]

Analysts in investment banking would become associates in PE.

[@prithvireddy8431]

Is MBA required to get promoted to VP or senior associate

[@chibiyaten15]

i’m 22 and a biochem major, is it too late to change my major and career path?

[@angelasunx3]

Not at all

[@ameekasif]

Hey Angela Question if I am branch manager for bank can I break into PE firm ?

[@angelasunx3]

Would need other relevant experience or courses likely

[@diondion2020]

Belid 123, asked a good question and mine is very similar. I have a business degree in accounting from a non traditional school. How could I get into investment banking? Even if it was with an internship first. I just thought it was harder because they recruit younger individuals versus someone older

[@angelasunx3]

If you're still in college, you won't need a finance or even a business degree. However, if you've already graduated and are trying to lateral in, you'll need a job relevant to finance to some degree (accounting major is fine)

[@diondion2020]

@@angelasunx3 okay, so before COVID I was supervisor for FCA. What is the best was in? Again your content very informative

[@diondion2020]

@@angelasunx3 no, I graduate back in 2014

[@anaaaa7016]

Are there target unis you should have attended in order to land a job?

[@angelasunx3]

They often recruit more from your typical target schools like the ivies, but otherwise nope

[@cesarcordova2235]

Could I get into private equity if I have no investment banking experience but I do have the private equity certificate from Financial Edge?

[@angelasunx3]

It's possible but also depends on what your prior experience was as well if not ib

[@dead5064]

It is possible to get salary for entry level associate base 150k+ bonus 150=300 (total compensation)... private equity bonus 100 to 150%?

[@angelasunx3]

Yep depends on the firm!

[@matgame2]

What do you think about FMVA?

[@angelasunx3]

Don't know much about it

[@davontawilliams3958]

Do you have a video on “how to get into hedge funds” ?

[@angelasunx3]

I don't but I can film one if it's of interest!

[@Adam-pv4qn]

What did you major in that helped you get selected for investment banking?

[@angelasunx3]

Finance and Economics

[@Adam-pv4qn]

@@angelasunx3 cool, thx

[@prithvireddy8431]

I am an associate in investment banking will I get recruited as senior associate in pe firm.I’ve done a dual degree bachelors/MBA with 0 zero experience now.Is there any opportunity for me in on cycle process.

[@angelasunx3]

You'd likely also get recruited as an associate in PE if you're an associate in IB

[@jaya.1610]

Can a comp sci major work in finance??

[@angelasunx3]

Yes definitely

[@jmag2778]

What about GCSP? It’s not on your list

[@angelasunx3]

I've never worked with them but looked at their website and seems solid

[@lazuligrotto5674]

I don’t know u but I love you🥴🤣

[@angelasunx3]

[@frankgleon]

Is it too late to use your code one year later?

[@angelasunx3]

Nope there's no time limit!

[@poopydoopy7062]

Wow 300k… that’s crazy!

[@angelasunx3]

Insaaane

[@dac8939]

What about real estate private equity?

[@angelasunx3]

Interview questions / modeling will be more specific to real estate, but rest is pretty much the same

[@dac8939]

@@angelasunx3 Thanks

[@gary2835]

The “promised land”

[@angelasunx3]

🌈 🌈

[@fakeapplestore4710]

so do you make $300k+ ?

[@angelasunx3]

I'm not in PE!

[@leonmozambique533]

stuy alumni are all the same

[@angelasunx3]

How so

[@kaory5290]

Hello Angela, would you be willing to share your email with me. I am an aspiring PE analyst and am wondering if you would be willing to join me in a 15-20mins informational interview.

[@angelasunx3]

Check out my description box for email / other ways to contact me