Getting into VC

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Getting into VC

by geodude » Fri Feb 15, 2013 10:25 am
Hi,

Would you have any advice regarding what area to study for an MBA? I am interested in working in VC (particularly early-stage). What type of MBA would lend itself to best preparing me for VC and put me in the best position to work in VC after graduating? Do VC groups favor a particular type of work experience (such as private equity)?

Thanks!!
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by milimbamission » Tue Feb 19, 2013 7:27 pm
Hello,

Great question. VCs value two kinds of practical experience: successful start-up experience (as in, you founded a company (or several) and ran it (or them) successfully for some time, ideally with an exit), or tech-focused investment banking. You should know that the odds of becoming a venture capitalist are pretty slim, especially if you've had neither of these experiences.

So as far as what to study during the MBA, the answer is: it depends. If you have zero finance experience, I would study finance/investment banking/venture capital and I would also be very involved in entrepreneurial activities/organizations on campus. The latter will expose you to the entrepreneurial process and help you meet with industry professionals(being on the organizing committee/team for your school's bplan competition is one great way to meet these folks). If you're a successful entrepreneur, study finance to balance out your skill set. If you have an IB background, focus on tech and entrepreneurship and more specifically on venture capital classes/networking. If you have no practical experience in either of these fields, be prepared to embark on one after school. Becoming a VC is usually a second career that follows one of the two I mentioned. Also, be sure to consult with your school's career services team - they will offer great help on what courses to take, etc.

Hope this helps! Good luck!
Mili

Mili Mittal
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Mili Mittal

https://www.mbamission.com

Read the mbaMission Insider's Guides (16 individual school titles)

Download [url=https:// https://info.mbamission.com/MBA-Personal ... ent-Guide/]mbaMission's Free Personal Statement Guide[/url]

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