The Classic Sell Signal: MBAs want in to private equity

Not just the ahead-of-the curve ones, but all of them apparently.

Business schools are bullish on private equity.

Amid the recent flurry of deals to take public companies private, M.B.A. programs are offering more intensive private-equity courses and strengthening their connections with buyout firms to help students land jobs. At the same time, schools are trying to lure junior employees of buyout shops to their M.B.A. programs to groom them for higher-level positions in private equity.

"Private equity is the sexy industry where the money is being made and where many of our applicants want to be," says Rose Martinelli, associate dean for student recruitment and admissions at the University of Chicago Graduate School of Business.

Full article in the WSJ Career Journal

Posted on June 14, 2007 and filed under Finance.