This may be wildly off topic for this subforum but I figured someone might be able to lend some advice...
I had diner with a friend the other night and he encouraged me to expand my options as far as programs go. I briefly described some of the things I like and he suggested to me to look into private equity, which I knew nothing about. In researching I think what I find interesting specifically would be like LBOs focused on value creation through operational changes. For example I stumbled across this paper and couldn’t stop reading.
https://www.scm.ethz.ch/publications/Aca ... eation.pdf
It seems like the umbrella of private equity is quite a bit broader than that though. If you went into the field of private equity would your job function be higher level, like evaluating companies for their value, or would you get to do things like suggest operational improvements in process or management changes at key organization points for the most impact? I like the idea of making operational improvements while being in control of the company. For one it actually gives you the permission to make change when, as a consultant or just an employee you don’t have that level of control. And two it puts some skin in the game; your compensation is commensurate with your performance. But I would also enjoy searching for targets (not really sure how they do that...).
Would the private equity path still fit with that? Are there schools that focus in this specific of an area? And are there companies that specialize in LBOs with a focus on operations change?
I had diner with a friend the other night and he encouraged me to expand my options as far as programs go. I briefly described some of the things I like and he suggested to me to look into private equity, which I knew nothing about. In researching I think what I find interesting specifically would be like LBOs focused on value creation through operational changes. For example I stumbled across this paper and couldn’t stop reading.
https://www.scm.ethz.ch/publications/Aca ... eation.pdf
It seems like the umbrella of private equity is quite a bit broader than that though. If you went into the field of private equity would your job function be higher level, like evaluating companies for their value, or would you get to do things like suggest operational improvements in process or management changes at key organization points for the most impact? I like the idea of making operational improvements while being in control of the company. For one it actually gives you the permission to make change when, as a consultant or just an employee you don’t have that level of control. And two it puts some skin in the game; your compensation is commensurate with your performance. But I would also enjoy searching for targets (not really sure how they do that...).
Would the private equity path still fit with that? Are there schools that focus in this specific of an area? And are there companies that specialize in LBOs with a focus on operations change?
