A private equity professional may perform one of a number of roles depending on the skills that the hiring company requires. Candidates may work with institutional investors including mutual funds, insurance companies, hedge funds and university endowments if the job is based in the corporate investments department.
Or the role may require the private equity professional to work as a valuation analyst, aiding senior management in evaluating companies in which the firm is considering investing. Alternatively, the role may be fulfilled in financial accounting, in the preparation of financial statements.
This role requires a minimum of a bachelor's degree in finance, accounting or investment analysis. A major in the arts may be accepted if practical training has also been undertaken. Private equity employees may have a doctorate in mathematics, investment analysis, financial engineering or econometrics if the role holds major managerial responsibilities.
The average salary for this role is C
$87,000 to C
$102,000, with potential for a bonus of between C
$10,000 and C
$51,000. This salary varies depending on the size of the company, the position within the sector, and the employee’s length of service and qualifications.