We know why you go to pe from mbb/t2 consulting, what are the cons noone really talks about?

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

Giving up your weekends is a massive hit to quality of life

like

Potential hours could be crazy, on average much more

like

Hours are worse, feedback is less systemic, promotion is more opaque/competitive, culture is more top down

like

The chance of making partner in PE is significantly less certain than making partner at MBB. And the pay isn’t that much higher for LMM/MM PE.

like

My peers in PE are cooler/more interesting than my peers in consulting were.

like

To answer your question though, the risk of getting fired is much higher in PE

like

What is something you’ve missed from consulting when you moved to pe? Besides things like weekends off, but thinking about stuff like your peers, the type of work, etc.

Related Posts

What is one piece of advice you would give someone considering a career in marketing?

like

I dnt want to tell anybody in real life that I got offered a new job bc it’s not 100% finalized yet but I am absolutely bursting w excitement and had to share somewhere. After a full year of job hunting and facing rejection after rejection after rejection , I just landed my dream in house position! Not only is the company and role perfect for me but I’m getting an $80k salary increase. For those facing career disappointments, dont give up! Better things are coming your way!

likeupliftinghelpful

Currently doing tech strategy/implementation at a big 4 and headed to an M7. Is PM at a FAANG going to be much different? Trying to see if I should consider that as a post MBA career path but I also want to gain a net new skill set.

like

Lots of heavy hitters here. But I’m curious about the long term career path.

If you were making >$200k before the age of 30 and you are >40 now, where are you in your life? Still making the big bucks? FIRE’d? What are your remaining goals?

like

Have been in banking for close to 4 years and I’ve gone from Analyst to Associate, but think I’ve hit the point of no return wrt IB burnout. Thoughts on quitting and focusing on buy-side recruiting?

like

Calling all previous providers who transitioned to healthcare tech jobs: can you tell me your job title, brief description of what you do on a daily basis, and if you’re content on where you currently are or focused on climbing into another position? I’m currently stuck in an enterprise implementation position at an EHR company and looking for growth…all suggestions welcome!!

like

Is service ops viewed as “lesser” in any way to the generalist track at mck?

likesmart

Hi 🐠, what is the difference between Deloitte GPS and Commercial? In terms of WLB,salary,career growth,and culture?

like

is it possible to exit consulting to become an art director or creative director? is anyone that has done this willing to chat? I’m interested in creative strategy

like

Hii all,
I am a Masters student in Big data analytics. I wanted to be a part of some good projects or either do a remote internship(since i have still college going on). Can anyone please tell me if any internships are available for data analysis and also what is the procedure for it? Also I would be highly grateful if anyone could recommend me for the same.
Thanks

like

Background: work primarily with preparing c/o financial statements for divestitures (CMAAS)

I like the work, I don’t like the culture.

What exit ops could I look for, with assumption I leave after making senior?

What was your journey like landing your first internship? Any advice to someone looking for their first internship?

like

How does one start a tech career in Canada? My wife who's a Maths PhD has been applying for entry level tech roles for months but no responses as yet. Either they ask for relevant experience or they hire directly from the universities. No way for anyone to switch careers? Not even internships?

like

🚩 I eventually want to transition to Investment banking or Investing world in some capacity. I hear a lot of chatter though about different fields like PE M&A VC and buy vs sell side. What are those environments and daily work actually like?

I have an AA and three years of Revenue Strategy/Management experience with startups. One of which is about to IPO and the other will make $5m+ this year between me and one other person.

Do I need a bachelor's to get into Wall Street?

like

Hello! I have a two part question: 1) is it worth it to obtain an SHRM specialty credential if I don’t have the broader SHRM certification? 2) has anyone gotten the People Analytics or Talent Acquistion credential? If so, how valuable was it from a learning perspective? Do you feel it significantly contributed to your knowledge in either area? Thank you!

like

For international students, can your work in a full time role under CPT? I have 1.5 YoE at GS, now pursuing masters. Im skeptical if I should look for an internship or direct full time roles. Im moving from finance operations role to data analyst role for context. Wondering if doing an internship after full time experience would look bad or not

like

I’m in tax but sometimes I feel like I would have been better off in data analytics. I dived right into the automation stuff and now I am working on learning SQL. Any advice? I feel like I could get paid more elsewhere. I’m tired of looking at tax returns.

like
like

Is it possible to get into IB with consulting experience, or am I wasting my time?

Realised I chose the wrong career and getting up to speed with technicals/ modelling, but haven't got past the CV screening for anything yet.

Happy to share my profile over pm

like

I work as an officer in HAL, 12 CTC.
I see growth is low i.e increment of 3 % every year.
Planning to switch into MNCs, is it a right decision to leave a public sector unit?

What salary would be ok to leave my current job?

like

More Posts

Well that’s a first 😂

Post Photo
like

Thoughts about Piaget Polo S?
I am shopping for a luxury sports watch and the market is currently … crazy.

like

I have offers from Broadcom and SSIR. Salary of Broadcom is higher than SSIR but mostly dependant on Rsu. Any idea about wlb and quality of work in both companies? YOE: 3.5 with M.tech from tier 1 college. Working in hardware domain. @Broadcom @Samsung @Nvidia @Qualcomm @AMD @Intel Corporation

like

Hello Everyone,

I am looking for referal in WIPRO,Tech Mahindra,LTI.
Skill: SAP ABAP developer with OData and Abap on Hana experience
YOE:3.4 years

Can you guys help me with referal??

Thanks and regards.

like

What are some of the main things you wish your seniors or managers had told you when you started out as an associate?

like

In my 5th year of H1-B with visa expiring next fall.. Given Deliotte has halted the GC process, do you’ll think it’s safe to switch jobs in near future and request the new company to file? Or it’s too risky given timeline and should stay put. Thoughts?
<In the recruitment phase but DT stopped doing it>

like

Any one here a part of Oracle practice in LTI?

like

Landlord is raising my rent from 2,300 for a 1 bed/ 1 bath to 4,200/ a month; this bowl is more for networking, but if any professionals need a roommate February 1st in Brickell or Downtown, please let me know.

like

Best area credit unions?

like

Hi Fishes, Any idea how long does it take in PwC India to issue an addendum for a revised joining date. It has been more than 2 weeks and after several follow ups I am yet to get it. My joining is in another 14 days.

like

Hi fishes, what's the usual annual hike percentage in altimetrik?

When you don’t care about the rules and/or are too lazy to go to the store for more beef and hot dog buns, have a hamburdog!

Post Photo
like

What does a senior associate at Alvarez and Marsal make in the restructuring and PEPI groups respectively?

like

What would a cmc statistician with 2 years experience with masters degree pay level be at GSK?

like

Has anyone had experience with JPmorgan chase’s robo-advisor for investing?

like

What is AR and ARS in salary

like

Which will be good between JPMC and Nagarro ( permanent wfh)?
Both are providing almost same package.

Please suggest.

like

Is it a good time to switch jobs

like

9/29 check in! Dynamic push day, emphasis on shoulders with a jump rope & battle rope circuit to end it. Currently ~219, working to hit 235lbs by mid February. Trying a different approach this year and putting a high emphasis on VO2 max while gaining weight. We’ll see how it ends.

Post Photo
likeupliftingfunny

What are some good 1-2 month rental companies for places in California? Airbnb / Vrbo is either showing too expensive options or low availability, Facebook groups have a lot of noise. People who have done it, what did you find to be helpful?

like

Additional Posts in Private Equity and the Buy Side

What resources would you recommend for building one’s personal investment thesis in the VC space?

like

Which course would you recommend for Private equity on Wall Street Prep. I am considering (1) Premium package (2) Private equity masterclass?

like

Better to stay in consulting or join a firm on the portfolio side, with hopes of transitioning to the deal team eventually?

like

Anyone know what vc pay at the associate level is in Canada?

like

Linkedin premium (career plan) worth it for recruiting? I’ve just been applying directly or through recruiters and do get a lot of call backs but don’t have a strong network.

like

Heard on cycle kicks off next week. Highly reputable source

like

Tips of surviving and thriving as An analyst in PE? I especially need to get better at being more detailed oriented :(

like

What type of projects at MBB require market research? How is it used to create a strategic roadmap for clients?

likesmart

What are the top Investment Book of Record (IBOR) systems used today at top investment management firms? I’m interviewing later this week for a position that would implement an IBOR system. Any insight would be helpful.

like

Anyone have any insights into ICONIQ (hours, culture, comp, etc.)? Have heard mixed reviews so far - specifically that new joiners today have less runway (more of a pyramid today while the folks who joined 5-10 years ago had faster paths to MD / Partner and are sitting pretty). I’ve been hearing that comp is decent (i.e., I did see on a H1B salary database that base for a PE senior associate is $175K, but who knows what cash bonus / carry looks like). No datapoints on culture yet

like

Anyone familiar with back office work at a PE firm? Specifically pay/hour/if work is interesting.

Example job in description thanks!

like

I’m looking to place an offer for some shares in a private but loosely held company where the company has first rights. Can I make a conditional offer of $75 (much more than “market value” of ~$50) stating if the board chooses to not allow me to become a shareholder (which is the trend and very likely, meaning they have to buy the shares at offer price of $75), that I want a $10/share return to me from the seller?

like

What comp should I expect for an FP&A associate role at Black Rock with 4 YoE?

like

Honest thoughts on best qualifications to go after to break into PE from consulting - should I go after ACA/CFA/CAIA? I feel I’ve only got the patience to do one of these 😂

like

Why is VC pay so low at the Associate level?

like

How does sourcing work in VC from a junior perspective? Do you pretty much just smile and dial and network your way to founders? How soon do you get more senior members involved? Would being at a T3/T4 fund put you at a significant disadvantage when it comes to sourcing?

like