What does the title “Principal” typically indicate outside of consulting firms? Do these titles exist in other industries? How senior are the roles?

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Education would be one.

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Good one

My school had a principal when I was growing up…

funny

In Product Management and Engineering, it’s an individual contributor role, usually one step up from a senior role.

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At my company, principal is equivalent to senior manager level and Senior principal is almost-director level but not quite since we have Directors here too (but very rare title unless you’ve been here 10+ years).

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In engineering orgs, principal engineers are group/product line level technical leaders. Extremely rare position for lifelong engineers

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It’s a role in Private Equity, typically one step below the actual rainmakers.

Varies greatly. Could be a very senior person. Or could be someone who is simply an individual contributor, yet has experience.

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