Rating: Grandes Ecoles students’ favorite direct investment funds

An investment bank or specialized fund (so-called “boutique”) is still the Holy Grail for some Grandes Ecoles students. For the second year in a row, Essec junior and Alumneye, a consulting firm for students preparing for an interview, are publishing a rating of the funds with the best score in the eyes of 591 students surveyed.

The most authoritative Grandes Ecoles have targeted both trade (HEC, Essec, ESCP, Essec, Emlyon and Edhec), engineering (Centrale Lyon, Centrale Paris, Mines Paris, Ponts et Chaussées, Polytechnique and Télécom Paris), and two universities. with hybrid status, Dauphine and Sciences Po Paris.

Ranking of direct investment funds in the order of preference for students of Grandes Ecoles.

Ranking of direct investment funds in the order of preference for students of Grandes Ecoles.

More striking fact: Eurazeo jumped to four places. “The fund has become prominent in various investment segments, thanks in part to excellent agreements with French Tech”says Ann-Gabriel Mangeret, headhunter at AE Search, a recruiting firm owned by AlumnEye, a research partner.

To form an opinion and focus their research on internships, research shows that students certainly want to understand the fund’s strategy and assess its prestige, but above all it is a positive response from the former intern, which remains important for their choice. candidacies.

Reward, reason number one

In terms of motivation criteria, reward comes first, followed by interest in the job. Although they rank first among the two population types studied, the order of these criteria is not exactly the same between engineers and salespeople.

Motivational criteria for entering the field of direct investment according to students of business and engineering schools.

Motivational criteria for entering the field of direct investment according to students of business and engineering schools.Junior Essec Conseil / AlumnEye

Long working hours and congestion of the sector private capital as if not scaring students, on the contrary. Seven out of ten answer that when it comes to internships in the fund, they would prefer to have a very intense pace, rather than a balance of healthy living.

“During the six-month internship, these students want to learn, but they know they will learn more if they keep up the pace.”, watching the bounty hunter. Evidence is that of the five funds best rated by trainees for work-life balance (namely L. Catterton, Blackfin Capital Partners, Gimv, LBO France and PSP Investments), none is in the top 10. above.

General decrease in interest

Another lesson from this study: almost half of the students surveyed (46%) are not interested in it at all private capital and 35% say they are simply interested, unaware of it or concerned about selectivity. Only 19% say they are really attracted. The figure fell by 13 points per year!

How to explain such a lack of love in one year? Anne-Gabriel Manger of AlumnEye first mentions a factor related to methodology: in 2022, a larger proportion of engineering students surveyed are, on average, less involved in finance. But that doesn’t explain everything. The recruiter also sees a generation factor in the technology sector and startups, which is gradually gaining an advantage over what are considered more prestigious sectors.

As the pool shrinks, investment banks are forced to make their choices more flexible. If previously only students of the first business schools and engineering schools could apply for this, the recruiters gradually integrated schools that are not among the top three. “More and more Edhec students are finding jobs in private equity. However, we see that among the directors of the foundations that joined a few years ago, there were very few graduates of this type of school. »