I have an offer for a senior associate role at a $1B private equity. Currently a manager though, so a downgrade. Getting pay rise. Pros and cons of losing title?

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

Are you kidding me?

likefunny

Pros: more money, better experience, great exit opportunities

Cons: you’ll be looked down on by society as a failure for no longer having manager in front of your name

likefunnysmart

Fork titles. Take that money. Your kids can’t eat the letters behind your name.

likefunny

*snaps* to you sir.

Post Photo
like

Titles are meaningless.

Value is: comp, responsibilities/experience, and exit opp

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Don’t take it. Pwc > pe

likefunny

So glad we're no longer tied to big PwC, they refused to invest in their public sector practice, but now we are free!

like

Titles are cheap. What’s the role and how much will they pay you? Even in consulting, say at Booz, then Manager used to be called Senior Associate.

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Is it Veritas Capital?

likefunny

Lol got it, thanks G1!

hierarchy is different everywhere
Look at pay and growth!

like

Your first year will likely be humbling - there’s a ton of learning that needs to happen before you’ll feel at all comfortable / qualified to manage a process (which is why the only way into the space is starting at the bottom). If they’re giving you a senior associate title and path to VP, that’s a pretty good opportunity

like

Have you tried pushing for the manager title? If not, you should negotiate for it.

I don’t think PE fund title hierarchy works the way you think it works

likefunny

Can I take that PE role instead?

Titles are meaningless

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