| Topic Name: |
IB or else for HBS and PE? |
| Message Name: |
HBS and Stanford focus on name brands. |
| Date Posted: |
07/13/2004 |
| In Reply To: |
Now that I land myself a summer analyst position in a BB firm, upon graduation I am thinking of working fulltime for a firm that gives management advisories for PE investments. This firm is kind of new. It was founded by a bunch of alumni from my college who have been extremely sucessful in the corporate world(think CEO, COO).
I want to maximize my chance of getting into to HBS/Stanford MBA and later break into PE. I also don't want to be a slave to someone for 80-90 hours a week. Would this be a good idea?
More importantly, how and when should I best approach the firm? Some of the founders sit on the boards of trustees. I want to establish contacts with them but not sure how best to do so since these guys are very senior. Or should I just apply through standard process and hope that my alta mater's name will get my application through.
I am learning the ropes on this kind of stuff and hope you guys can help out. Thanks. |
| Message: |
The most certain (though, nothing is certain) route to HBS or Stanford is to spend time at a top tier IB or M/B/B (and a few other select firms), and spend time developing leadership skills in other capacities. This kind of work experience, combined with impressive academic credentials (undergraduate institution, GMAT, etc.) is the closest thing to a "sure thing" you can develop. The 80-90 hour slave thing is generally seen as a necessary step. But again, nothing is guaranteed. My profile had certain elements from this wish list, but not all of them, and I got in to HBS. Then again, HBS and Stanford turn away plenty of well qualified candidates.
The PE experience you're considering might be helpful for PE in the long run, though it is hard to know. Would anyone of any significance have heard of this firm? How much capital do they manage? And it's too early to determine what their performance is, correct?
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