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Subject Expert
We can help more with some clarifying questions:
Why not go straight to MBA now?
Why not go straight to a PE associate position at another fund?
What specifically would you be doing in this “BD” role?
What have you done as an analyst? Is it analogous to what the associates do or is it more limited?
Subject Expert
My honest feedback would be to still try to get an associate gig now. Or lateral to an analyst program that is more of a feeder to associate if you really can’t succeed.
If your goal is to go to PE investment team, and your obstacle is that you don’t have the technical skillset, then doing BD or MBA isn’t going to solve that problem.
Is this a sourcing / IR role? If so be mindful of the fact that (a) the work will be different from what you are doing now and possibly less interesting depending on what you enjoy (I.e. modeling component is gone and a lot more cold emailing) and (b) yes PE firms can suss out this shift
Thanks.. yes it will be more sourcing.. and Investment thesis generation
Not sure why you'd want an MBA - you're already in the industry. Different if they're paying
True.. it is something I considered. I am still working through whether an mba is the right next step