How do I prepare for a Career with top Private equity Firms in India?
First things first. Let’s start with getting to know private equity. Private equity is the class of equity which trades in debt and equity securities which are meant for companies which are not publicly-traded. It works in a way where finance is accumulated from rich individuals and institutions with idle money and investing in different companies with a profit in between for everyone involved. This work is carried out by private equity firms.
With the rise of a culture of innovation, startups and economic boom, a career in the top private equity firms in India are the rage these days and individuals are clamoring for a space in these. As India becomes a hot spot for important economic activities with the slowdown of China’s economic bull run and optimistic credit ratings by Moody’s and S&P, a move into the top private equity firms in India is a plan worth investing time in.
Coming to the case in point- to prepare for a career with top private equity firms in India, private equity certificate gives you the push of a catapult. The private equity certificate covers operations, analytics and valuation, portfolio management, fund marketing, private equity knowledge, and due diligence to the internationally set parameters of frameworks. The duration of the private equity certificate can range from weeks to several months depending on the complexity of the program.
The individuals must decide the level of expertise they want on the subject. They can start from the basic level of certifications and go on achieving them as their career moves ahead and they get a hands-on experience of what really the private equity industry needs. For a basic certification- video tutorials or a general course will be sufficient and for advanced knowledge in the field- a rigorous certificate program of three to six months of duration becomes critical.
The right set of private equity certificate at each step of the career path will take you easily through the complexities of the career. The different positions available at the different private equity firms are Associate, Senior Associate, Vice President, and managing Director with required corresponding experience of 1-3 years, above 3 years, above 5 years, and above 10 years. While the entry-level positions involve analytical work, senior level job positions cater to the responsibilities of relationship management and investment decisions.
The private equity industry is smaller than the investment banking industry and as there are very few levels of hierarchy, juniors have immense possibilities to learn and gain expertise directly from the seasoned professionals within the firm. This career is meant for people who love working with others, conducting market research, doing analysis, giving presentations, and managing finances. Those individuals who can easily handle all these specifications and are in possession of a portfolio consisting of certificates in private equity and a master’s degree in management, economics, finance or business administration can have a rewarding career in the domain of private equity.
