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private equity classes
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Frequently Asked Questions
Where are the courses held and how long are they?
Classes are held on Saturday and Sunday at a private club in mid-town Manhattan from 9AM - 5 PM. The exact address will be given to students in the days before the class.

How much does the course cost? Is there a difference between the cost of the two courses?
The price of both the Private Equity Intensive Training and Fund Creation courses are the same. For in-class students, the price is $1,295 for professionals and $990 for students. For web-based students (both professionals and students) the price is $495.

Can I just take the AnyTime On-Line Class?
Yes. The cost is $245 and you can enroll by clicking here.

Will there be any difference in the course content for professionals and students?
No. The class and content are the same. We just offer a lower price point for students who can prove they are currently enrolled in a college or graduate level program.

Why do your classes cost less than your competitors?
Our three primary competitors charge $1,795, $2,495 and $3,500 (as of January 2008) for the equivalent in-class training. Our prices are lower primarily because our instructors are professionals from private equity funds and companies who generally donate their time because their firms are looking for employees to hire from the students who take the class.

What will I learn in this class?
A student in the Private Equity training course will learn how to:
  • Design and write a Private Placement Memorandum.
  • Structure and write a Term Sheet or Memorandum of Understanding.
  • Calculate a weighted average cost of capital.
  • Analyze a Leveraged Buy-Out (LBO).

What activities will I participate in during the course that are different for in-class students versus web-based students?
Students participating in class will able to:
  • Interact better with the professionals teaching the course.
  • Work in groups with other students on case studies and work assignments.
  • Network with students and job opportunities in New York.

What's in this for me?
A graduate of the Private Equity training course will be able to:
  • Review and apply for the opportunities in PEI's Job's database.
  • Connect with professionals teaching the class via Linked-In.
  • Work with companies to raise capital in Private Equity Stock Evaluation (www.pese.us).
  • Receive a diploma and use the PEA designation after completing their profile, feedback and testing.

Who teaches the classes?
The classes are taught by professionals who work in private equity firms. The professionals are from firms who donate one day per week for instruction in return for the ability to meet students who take the course as potential hires. The Fund Creation class are taught by professionals from private equity funds that have a history raising assets.

Why shouldn't I just take the web-base course since it is cheaper?
Most students who live in the tri-state New York area tend to take the in-class option because it allows better networking and interaction with the professionals during breaks. In the past, about two thirds of our students have been in-class participants, including many who have flown in from London. That being said, the web-based course is probably a better option for those who would have to take a plane and rent a hotel room to take the class in person.

How to I participate in the class over the web?
We use the latest GoToMeeting technology that allows you to see everything on the instructors screen. This includes the movement of the instructors cursor which makes the teaching of the financial models much easier. Furthermore, we use Polycom conference speakers which gives excellent audio quality to hear the instructor plus allowing you to hear questions from other students in the class.

What is the difference between your class and the Investment Banking Institute?
We know and like the people who run the Investment Banking Institute and think they offer a good program. Our class has several important differences:
  • We have a long history of helping students find employment through our job placement database.
  • We have an internship program that helps students find work at investment banking and private equity firms.
  • Our program is a very intensive, 9AM - 5PM two day course, which allows us to graduate students in one weekend.
  • Our program costs about half the price.
  • Our program has a web-option which costs even less and eliminates commuting costs.

Most importantly, all of our graduates are given access to www.pese.com and allowed to work on private equity and investment banking deals.

Will I get a diploma when I graduate from the Private Equity Institute?
Graduates are asked to complete their profiles (so we can help them get jobs), complete a feedback form (so we can improve our course), and take a test on each of the four sections of the class (so we can help employers evaluate you). After completing these three steps, we will mail you a Private Equity Institute diploma and encourage you to use the PEA designation.

Will you guarantee that I will get either a job or an internship if I take your course?
Of course not, and we generally dissuade individuals who have these types of unreasonable expectations from taking the class.

What type of job and internship placement rates do you have for your graduates?
It is hard to calculate because graduates who have found jobs tend not to remember to tell us! We do have many testimonials posted on our web site from students who have taken the course and found either jobs or internships.

Will you teach me skills so that I can be an investment banker?
Private equity and investment banking are very similar. The primary difference is that private companies don't register with the SEC while public companies file quarterly registration statements. This makes private equity more challenging, but most of the skills such as valuation and model building are the same.

What is Private Equity Stock Evaluation and how will that help me get deal transaction experience?
Private Equity Stock Evaluation is a web site that private companies use to raise capital from private equity funds. There are over 20,000 accredited investors qualified to use this site. Graduates of PEI will be able to work with companies on this site to raise capital. However, you will not be able to search for investment unless you qualify under the SEC's regulation D as an accredited investor.

What is your refund and rescheduling policy?
Refunds are available up to six months after you have made payment. If you have paid for a course and change your mind, we will give you a 75% refund. However, if you have registered, and therefore gained access to our databases and Anytime Online Classes, and then change your mind, we will give you a 50% discount as long as your decision is made at least one week prior to the date you have selected for your classroom training. If you wish to cancel your training in the week before the class we will refund only 25% of your payment because of the problems this can cause in scheduling classes. If you fail to attend the class and want a refund we will also return 25% of your payment.

What if I want to reschedule a date for classroom training?
There is no charge to reschedule a class as long as the request is done by email more than one week prior to class. If you wish to reschedule in the week before the class, a 10% charge will apply. If you fail to attend a class you are scheduled to attend and still wish to reschedule, a 25% charge will apply. Please understand that we limit the size of our classes and most sell out. Therefore, last minute changes affect our ability to offer other students their desired class dates.

If I sign up for a specific date for classroom training...am I guaranteed that date?
Yes, but only if you complete your Anytime Online Classes at least one week prior to your classroom training date. You may take each of these online classes as many times as you wish, but you must achieve a score of at least 70% on the quizzes associated with each of the individual online classes at least seven calendar days before the classroom date you have chosen. We implemented this policy based on feedback from some students who thought that the their classroom training had been impeded by other students who had not adequately prepared for class. We sometimes send emails to graduates in the final days before a classroom session allowing them to audit the training for free to fill the classes to ten students.

What do I do after I have completed the Anytime Online Classes?
Just send us an email and we will respond with an email confirmation that you are confirmed for the class. While we try to be proactive in reaching out to students as they complete their Anytime Online Classes, please make the effort to email us to confirm a classroom date. We cannot guarantee you a spot in a class during the final week before the class.