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Private
Equity Internship Program (PEIP)
2008
Internship Programs
Description
and Requirements
A career
in private equity appeals to many Kellogg students, yet an accurate
understanding of the workings of a private equity firm can be
difficult to grasp. The issue is exacerbated by the number and
variety of private equity firms.
Kellogg offers the Private
Equity Internship Program (PEIP) as a vehicle through which
students gain an understanding of a firm in the industry.
Know that
private equity firms choose to recruit on- and off- campus,
and a select number participate in PEIP. PEIP most benefits
students with non-traditional backgrounds who might typically
be misunderstood in just a quick review by a hiring partner
at a private equity firm.
The PEIP
consists of ten to fifteen first-year students, each working for an eight-week
internship at one of six firms located in the Chicagoland
region. In addition to practical experience, students earn
$1,000.00 per week. The program has several demands from students:
- Students
that accept the internship must enter the program.
- Students
begin and end the internship on the specific dates (June
11-August 3); no adjustments for personal activities is permitted.
- Students
meet as a group with the program facilitator three times
during the summer, in the evening, to discuss what is happening.
The facilitator is available to meet personally with students
at other times.
- Students
prepare a mid-term report at the end of the 5th week
- Students
prepare a slide presentation to Levy Institute faculty in
the Fall Quarter, including an analysis of the host company,
its business and owners, and how the experience affected
the student's career plans.
Recognize
this internship has academic demands in addition to professional
demands. By the end of the program, you will have the education,
experience and confidence to pursue whatever career you wish,
including a career in private equity. |
