Private Equity Research Analysts and Associates

High School

In high school, take accounting, macroeconomics, microeconomics, and other finance classes, as well as statistics and mathematics. Database management classes will help you learn how to collect and manage information. Any class that teaches you how to conduct research and assess information will be a good building block for a career in private equity. Strong communication skills are necessary to write reports and effectively debate the merits of potential investments, so be sure to take as many speech and English classes as possible. Participation in mathematics, finance, and debate clubs and contests also provide good hands-on experience.

Postsecondary Education

A minimum of a bachelor’s degree in finance, business, statistics, economics, accounting, mathematics, computational finance, or a related field is needed to work in the research department, but many research professionals (especially managers) have graduate degrees (typically MBAs or degrees in consulting).The London School of Economics and Political Science offers a master’s degree in private equity.

Other Education or Training

Another way to improve your skills is to participate in continuing education classes, webinars, workshops, seminars, and other educational opportunities that are offered by professional associations such as the Alternative Investment Management Association, CFA Institute, Financial Management Association International, International Association for Quantitative Finance, and RIMS—The Risk Management Society.

Certification

The Chartered Alternative Investment Analyst Association offers the Fundamentals of Alternative Investments certificate program, which covers topics such as hedge funds, private equity, real estate, risk management, due diligence, and portfolio construction. Visit https://caia.org/programs/fundamentals for more information.