Tuesday, September 28, 2010

How do you start on a career in private equity?

How do you start on a career in private equity?
I am about to qualify as an accountant in the UK with an ACA. I am increasingly interested in working in PE and investment management. I currently work in audit and so am looking to take the transferrable skills elsewhere. I am very keen to get away from 'accountant roles' and find more comercial work in these lucrative sectors.
Investing - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Get certified as a personal financial planner.
Answer 2 :
The qualifications to work in private equity and investment management are quite different, so first you should decide whcih you'd like to focus on. A CFP would be useful if you wanted to work with individuals and small businesses, and a CFA would be more useful for institutional portfolio management and research. PE jobs generally look for broader backgrounds - MBAs from top schools. Both industries are notoriously difficult to break into, even for those with excellent credentials - with your background, my suggestion would be to seek an accounting-type position at a PE fund or invesment management firm and try to transition into the role you want from there. Hope this helps

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