Report: #421371

Complaint Review: Private Equity Institute & Matthew Murray

  • Submitted: Sat, February 07, 2009
  • Updated: Sat, February 07, 2009
  • Reported By: New York New York
  • Private Equity Institute & Matthew Murray
    New York, New York

Private Equity Institute & Matthew Murray Garbage instruction, no use in landing a private equity internship or job, charlatans New York New York

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I wasted $1000 for this course. I wanted to break into private equity and was assured by the owner, Matthew Murray, that private equity institute had great contacts and after I finished the course I should be able to land a PE internship.

The course instruction was complete garbage. A total joke. They bring in guest instructors who are hacks that work at unknown "chop shops". Think JT Marlin type firms (from the movie Boiler Room). No legitimate private equity professional was an instructor. By legitimate I mean Blackstone, KKR, etc. No one from a reputable investment bank was an instructor either. YOU CAN LEARN EVERYTHING THEY TEACH YOU BY READING ARTICLES ON INVESTOPEDIA! The teaching was at such a basic and elementary level. If a professor tried to teach this in a college finance course he would be laughed at and shown the door. In short, the teaching was a sham.

The "internship" that you'll get offered is a chance to debug Matt Murray's website. That's it. You'll be out a $1000, wasted your time, and be NO BETTER OFF IN TERMS OF LANDING AN INTERNSHIP OR JOB.

Matt Murray was fired from his last job. He can't get a legit job on Wall St. so he started the private equity institute. PEI is his main source of income. Would you want to be taught by this charlatan? He's not a nice guy and will try to bully and threaten you if you ask for a refund.

Do this: ask him for the names and contact info of 10 former students who have taken the course and have landed a job or internship in private equity. He won't give this to you because he can't, i.e., not even 10 students will vouch for him! All the testimonials on the website are from former employees of PEI. STAY FAR AWAY FROM THIS COMPANY!!

New York, New York

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