Related Posts
More Posts
Bowl Leader
AlixPartners I am expecting an offer for VP in financial crime/compliance and risk. I need to give them my compensation expectation. Currently working in Bank with 7+ YOE including 6 yrs in Big4 non-MBA (Masters in Finance). What is the total comp (base+bonus) that I can ask for? What is the general sign on bonus? Thanks in advance
Additional Posts in Finance
Most expensive expensed dinner?
Happy 2017 everyone!! How's everyone feeling?
"VCs" in the bay are truly a dime a dozen
Have you ever yelled at your coworker in public?
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
Because analysts burn out and become extremely jaded
Because the good analysts go to PE. Analyst title does not automatically equate to competence.
^ iba1 is delusional; agree with iba2
@iba1 You have 5 years experience, got an MBA and you are only an associate...Sounds like ur a scrub bro
Job is not just modeling, although obviously crucial skill. Analysts forget this.
Because I'm way better than the average A2A.
IBA1 what are you smoking? Any A2A crushes associate counterpart if only because of years on the job.
Ok boys (mostly I presume). The truth is as follows.
A2A’s are often technically very strong and they know the job inside out. However they tend to be younger and often less mature. MBA associates are less good at actually doing the job in the first years, but are more mature and often have other skills (leadership?) and they tend to do very well over the longer term (3-5years +).
Why limit yourself if you truly want to hire the brightest?
^ I have 5 years of pre-MBA experience. Fight me.
CS1....I'm pretty sure that we've met in person. If so then you probably know who I am if I say I'm also am Army guy.
In addition to the above here is another reason I would posit: MBAs also have a network in their class. Firms know that in 10-15 years those classmates will turn into deal mandates won. It's like anywhere else. You need both technical experts to make the product and social experts to sell the product. In practice that's rarely the same person because each requires opposed personality traits.
LOL run away? He's talking shit about my experience with no insight into what I did, not to mention it doesn't disprove my argument that MBA associates can perform as well as A2As if not better in many instances because we have a unique perspective that glorified analysts don't always do. If you think banking is about good your are in Excel, you're incredibly shortsighted (and still worse than me.)
If you are edging up on 30 I would hope you perform better than an analyst lol
MS1 that's not true at all. I spent five years in the military before becoming an analyst. I deployed to Afghanistan and saw plenty of good and bad leadership. Two years in and in general MBA aso's don't show exceptional leadership. Quite the opposite sometimes. They're often petty and consumed with office politics over actually leading their analysts. Just my 2 cents. The analyst promotes that I've worked with have taught me more and demonstrated themselves much more capable of leading on several occasions.
There are exceptions in both cases, but overall I find MBA's aren't demonstrably better at leadership or managing analysts (although they're absolutely convinced of this fact).
CS1 - I think you’re the exception. Most A2As start young and have less experience in my experience.
Also - look at corporations, the folks running them were bankers' b-school classmates...
Did iba1 run away after its client TPG scolded him? Classic