Is it normal to take a hit on the base comp to pivot to PE Associate? (Even if it’s a $25k+ base hit) At the post-mba role in my T2 consulting firm, but want to pivot to PE. (HH are mostly reaching out about LMM opportunities, $2–4B) Total comp for year 1 could slightly increase due to bonus.

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I came from post MBA consulting to PE as associate. First year comp was flat. Now on 3rd year and slightly above where I would have been on cash comp - much higher if you factor in carry. It’s not a no brainer to move from a comp perspective and more a question of what you’re looking for.

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Didn’t get an MBA - just got the post MBA promotion. I’d say in general yes it’s very hard to make the jump without pre MBA PE experience.

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PE comp is always calculated as base + bonus. Then throw in any additional upside (carry, coin vest) as an option upside that you don’t factor in yet. Most reputable funds will pay at least the total comp of a consulting firm (~200k) through base and bonus. Majority pay more

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It should exceed consulting every step of the way, with the gap widening as you move up.

You keep saying base and I think the confusion on your end is that total comp in consulting and PE is always base + bonus. For example at BCG the split is ~170 + 30 = 200K. In PE, my split is 130 + 170 = 300K. So yes my “base” is lower, but it’s a meaningless comparison as total comp is 50% more

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If your reason for doing PE is short-term cool related, your thinking about it all wrong. You might as well do IB if that’s the case

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Pivoted to UMM pe after post mba promotion in consulting and took a base hit but TC is higher. So yes

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Of course base might be less. That should not be an issue

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