MBA News: Private Equity Firms Are Getting Younger

The New York Times reports that private equity firms are battling for top Wall Street talent—a battle that just may be a war, as major firms are recruiting investment banking analysts before they have finished their first year on the job (and possibly before they have even had a single performance review, given that analysts start with six months of training). Meanwhile, some firms are not even waiting for analysts to gain experience, recruiting them right out of college. Soon, private equity firms just might be roaming the halls of high schools trying to find the next superstar analyst. If you are doing well in ninth grade math, you may just have a “hot” pre-MBA job waiting for you…