What can I expect from a private equity internship?
Table of Contents
- 1 What can I expect from a private equity internship?
- 2 How difficult is it to get a job at Blackstone?
- 3 What does Blackstone look for in employees?
- 4 Why do you want to pursue a career in private equity?
- 5 What services does Blackstone offer employees?
- 6 How do I apply for a Blackstone summer analyst position?
What can I expect from a private equity internship?
A typical day of a PE Intern: Assist in the reporting and operations of existing portfolio companies, develop presentation materials for the firm and portfolio companies. Assist in due diligence for potential new investments, including market research and analysis of industry trends, financial modeling, and valuation.
How difficult is it to get a job at Blackstone?
The firm had more than 15,000 applications for 100 analyst positions, co-founder Steve Schwarzman said on a conference call with analysts and investors. “It’s six times harder to get a job as an analyst at Blackstone than getting into Harvard, Yale or Stanford,” said the 68-year-old billionaire.
How much do PE interns make?
While ZipRecruiter is seeing salaries as high as $187,281 and as low as $19,662, the majority of Private Equity Intern salaries currently range between $49,155 (25th percentile) to $98,310 (75th percentile) with top earners (90th percentile) making $132,719 annually in California.
Is it hard to get a private equity internship?
Managers in a private equity firm have to sell their investment strategy to HNIs and other investment companies to attract more money to increase the value of that fund. It is tough to get an internship in this profile since most senior managers with tons of experience only are a part of this team.
What does Blackstone look for in employees?
However, just 16\% of respondents who voted for Blackstone said that manageable working hours would be a strength. Private equity requires a lot of travel, and the hours are not perceived to be exactly easy, but it’s supposedly a change of pace from the 80+ hours required of investment banking juniors.
Why do you want to pursue a career in private equity?
You prefer PE because it’s a blend of both operations and finance and because you can help Founders with well-established businesses make them even better via solid analysis and research rather than just guesswork.
What is the interview process like at the Blackstone Group?
Interview candidates at The Blackstone Group rate the interview process an overall positive experience. Interview candidates say the interview experience difficulty for The Blackstone Group is average. Some recently asked The Blackstone Group interview questions were, “Tell me about yourself? ” and “1.
What is it like to work at Blackstone as a young banker?
It’s no secret that young bankers are queuing up to move into private equity, but if they want to secure a job at Blackstone they’re in for a culture shock. While junior bankers are indoctrinated into a hierarchical structure and beholden to associates and MDs alike, Blackstone employees are will be thrown into deals from the get-go.
What services does Blackstone offer employees?
In addition to recruiting, hiring, integrating, assessing, training, recognizing and rewarding our employees, we provide a wide range of services and counsel – from Benefits to Employee Relations – that ensure Blackstone is the employer of choice for top talent.
How do I apply for a Blackstone summer analyst position?
Students in their junior year of college, third year of university, or first year of business school may apply for our Summer Analyst and Associate positions. Interested candidates may apply to multiple groups within Blackstone. Our campus positions will appear on the Blackstone website January through March.