Genuine question for former consultants — is PE Ops intellectually more fulfilling bc of the ownership over advising? Typically better work place environment? Smarter/brighter peers? Better benefits and perks?

Or is it about comp, when you boil it down?

like
Posting as :
works at
You are currently posting as works at

If you’re asking about differences, it’s highly dependent on firm and seniority. In general total comp will generally be at least the same or higher (gap widens more as you get more senior), work is more fulfilling because you see things through end to end (also a great learning opportunity if you’ve only ever advised as a 3rd party), hours are the same but you have more agency over them, average coworker is smarter, less breadth of benefits, but the ones that are offered are all great.

If you’re asking for the main reasons that consultants switch to PE ops, it’s typically 1.) comp and 2.) professional dev e.g., fulfillment / getting more ownership / seeing things through end to end

like

PE is more stable as it is more driven in the near-mid term by the funds life cycle, rather than the broader economic cycle.

That being said, your personal job security at the PE firm is in some ways less secure. Fewer chances to mess up vs. consulting. You disappoint the wrong PE partner you will be out looking for a job tomorrow. Consulting is more a democracy in that sense.

You have more ownership in PE ops than in consulting, but at the end of the day you are still ultimately working in an advisory capacity (that was my experience, at least). If you want to truly feel ownership, go be an operator. Going from PE ops to a senior role at a portco is typically a pretty attractive path

like

The other thing, and I can’t stress this enough, is there’s so much less of the political bullshit, bureaucracy and pointless initiatives

At my fund, it’s pretty much all output based, you still work a lot, but there’s no 20 turns on a board deck, no pointless internal initiative or last second RFP. You work hard, do good work and learn a shit ton and get paid well

like

Yes. Having to live with the consequences of your decisions brings a level of intellectual honesty that is just not present at all in consulting, where the objective is to sound smart and get your clients to like working with you.

like

Related Posts

I have been recently selected in Virtusa and in the compensation there are components like Internet reimbursement, LTA, food reimbursement.
Could anybody please help me to understand will these components be paid out to me monthly or will be only provided if i submit the proofs for the particulars.
Also is the food reimbursement offered in the form of monthly Sodexo coupons?

PwC Bangalore hasn’t provided the hike o promotion letter yet. Is there a way to see the performance bonus and the hike??

like

What is the salary range for application development senior analyst in Accenture.

Salary for PwC Revenue Cycle SA? 4.5 years experience, CPA?

likehelpful

What’s the general comp for EM level at Strategy&? Assuming a Chicago or comparavle COL

like

What does the long-term career progression look like, both salary and title-wise, for someone looking to get into FP&A-type roles? Can you at some point land roles that involve financial/corporate strategy? One test away from getting the CPA and looking to get roles outside of standard corporate accounting.

like

🔥How much Annual hike(%) & bonus (%) bny Mellon technology employee getting every year? BNY Mellon BNY Mellon Corporation BNY Mellon | Pershing

like

Please help me with the in hand salary

Post Photo
like

Getting ready to leave my role - looking for community ops, comm ops, member support, account management - anything in those customer facing roles that is paying minimum 75k. Remote preferred, based in Chicago. Background in freight/logistics and healthcare.

like

We have three new members! Welcome to the bowl! What is your over under on bonus season?

like

I am a clinical research coordinator working in Austin, Texas. I have my Masters in Cell & Molecular Biology and have a year of laboratory research experience.

I’ve been in my position for 5 months now. I make $27 hourly which amounts to about $51,000 yearly. Am I being under paid? Are all coordinator positions hourly? As a laboratory researcher I was salary :(

How do I go about asking for a raise or should I explore other companies or medical schools that have clinical research?

like

Where does Accenture Interactive's salary band start with 2 YOE?

like

General question: Is there any room in corporate America for real, actionable DE&I discussions and initiatives? I've observed so many corporate versions become an advertising strategy (SM posts, diversity reports) without doing the actual work (increasing representation in senior leadership, salary analyses, having an effective reporting system for bias). Is this just how it is?

like

Why are so many moving from CSR to CSP. I get that the fee is significantly higher for the former, but how are benefits better for the latter?

like

How to calculate in hand salary and how much will be tax and how to save taxes? Old or new tax regime?

Having a PPF invested for 1.5L IBM

Post Photo
like

Looking for advice on business trips. My boss kindly asked me if I want to go meet a client out of state along with business folks. It will be my first visit to a client. What do you think are the benefits of these trips? I’m fairly new in my career and in-house so would appreciate any thoughts. Thanks!

like

Jr. Cw Salary in LA?

like

What salary should i expect for PwC SDC- Associate in Cloud Engineering with almost 2years of experience in IBM as System Administrator role?
Current CTC- 4.34 LPA.

like

More Posts

Anyone interested in practicing casing? Please feel free to drop a burner.

like

Hi! Anybody knows of federal agencies hiring that are offering fulltime telework/remote?
I currently work for an agency based in DC and my boss is forcing us to come back into the office fulltime after we’ve been remote for nearly two years. Majority of my coworkers have already left for the private sector but I’d like to remain in the public.

likehelpful

DO YOU JUST ASSUME THE COST OF YOUR MARKETING ACTIVITIES? I am looking to allocate their cost in the marketing budget in a way that won't rely on several layers of assumptions. How do you reliably estimate the cost of different marketing activities (email, social, web, etc) when you don't have specific people or tools allocated to each function and costs are spread across many channels? Ads seems the easiest, but even then there's time and overheads... I've been looking for a reliable model.

like

Anyone interested in below Job profile, please share your email I'd.

Post Photo
like

With the market pushing higher to mostly ath this week, are you keeping cash reserves for a slight pull back or putting money in the market today?

like

I don't want to be a manager anymore.

like

Anyone in MUC next Thursday thru Sunday?

like

Hi there,

I am currently working in Capgemini as a SAP PP QM consultant and looking for job change... Can anyone here refer or suggest anything so that it will help me out to find suitable job..

YOE - 6 years
Relevant - 3.5 years
Skill - SAP PP QM

Thanks in advance....

like

Recommendations for websites or newsletters to subscribe to, to stay informed on anything finance related or deals related? Any podcasts too. Thank you

likehelpful

I just accepted a corporate counsel role with a large Fortune 500 company. Any advice or thoughts on make the transition from a firm to in house?

like

Hi Fishes,
Those who recently joined Accenture or got OL from Accenture, what's thr work location status. Accenture giving permanent work from home to anyone or hybrid mode has started?? I need this information as on the basis of this I am gonna decide whether i will join Accenture or not.
Thanks in advance

I think the Matrix is broken, I just had a déjà vu.

funnylike

Could be a silly question — i am beginning to look for a new apartment in the city and ideally want to rent from private landlords rather than going thru Apartment People / @ Properties / Compass, etc. How do you find private landlords?! I have good credit and am very clean! A landlord would love me lol

like

Hello Guys, Welcome to this group. Here you can post all available Salesforce freelance opportunities.

like

New to this....best place to buy a Rolex submariner for under 9k online. Also, really like the look of the Rolex explorer II, but have always wanted a sub. Any thoughts or recommendations on submariner or explorer II?

funny

What's the point of Delta drink vouchers when they serve alcohol on request anyway? (Even in economy)

like

Guys,

What is senior software engineer 3 designation in legato?

like

What are you planning to implement this school year to focus on equity in your own classroom or campus wide?

Is a cover letter necessary?

like

Additional Posts in Private Equity and the Buy Side

I’m applying to some PE funds (currently a BA at a top consultancy). I want to know, assuming I get in, when can I buy myself a Ferrari and a yacht?

funnylike

Currently an EM at McKinsey, joined as a lateral hire after 6yrs in consulting (strategy boutique) and a short stint at a lesser known PE firm. What prospects would I have pivoting back to PE?

like

Who are the HH in London working with CVC?

like

What does comp look like for PE ops associates?

like

Is there any stigma to saying no to an offer without another in hand? I landed an off-cycle offer at a decent fund but after thinking through, want to take a shot at some of my other funds as well

like

During a 90 minute model test are you typically expected to build out the full pro forma B/S?

like

I left an investment bank to join a private equity firm about a month ago. I am now working on a deal that I previously worked on when I was on the sellside (I literally made the entire CIM). Any tips on how to handle this? Is it fine to tell my current firm everything I know about the company?

like

What was your final round interview like? Have two coming up with two MD’s at the same firm and trying to be easy breezy about it.

like

Anyone with insight on Tenzing Private Equity? Everything notable is appreciated!

Anyone working in family offices? Boutique investment firms

like

Do PE firms validate GMAT or SAT scores for offers ?

like

Currently in ibanking as an associate and want to see if I can make the move to PE. Is the CAIA viewed favorably at all?

like

What do people in PE investor relations do day to day?

like

What sort of equity stakes do management teams at PE-backed companies typically get?

like

Is the CVA exam worth pursuing?

like

Any tips on how to get started on prepping for VC interviews

like

Do PEs offer singing bonus or relocation fee?

like

Management consultants that have/are looking to move to investment team PE, if you had the time to do CFA , would you? Why/why not?

like

Should I take this offer? Current salary: 150k at Deloitte as a manager. Offer: Well respected software PE firm in their operations group. Salary: 160k, bonus: 40k, carry: 150k

like

For ex consultants without finance backgrounds who transitions to PE or Growth do you have any recs on podcast books to read that helped you build your PE/Investing knowledge?

likehelpful

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal