Not suprising that they are offering more courses in it...since everyone who would have wanted to be in IB 10 years ago now sees that way more money is to be made in PE so thats what they all dream of doing. I mean look around on different boards and all you hear from kids that are in IB or thinking of IB is that their long term is to work at a PE/VC or Hedge fund.
I would view that people going into PE right out of college are the cream of the crop at top undergrads or are very well connected which is probably part of the reason there are so many going to Harvard. One would think that with all the private equity, hedge fund, and venture capital kids applying to top schools it is going to make it that much harder for the average IB to get in.
There was an article I read yesterday about how much fortune 500 CEOs make...and you read about these people making more than 50 million a year and now there is starting to be some backlash about how dare they get paid so well. Until you realize that someone who directs a PE or HF can be making a billion a year.