This group comes under the Bain Corporate Renewal group. The work actually sounds quite interesting. Has anyone worked here? What are the hours/pay like? What's the culture like? And since , it's the up or out world , What are the exit options?
I'm guessing they recruit from the usual MBB suspects
[quote=GS]This group comes under the Bain Corporate Renewal group. The work actually sounds quite interesting. Has anyone worked here? What are the hours/pay like? What's the culture like? And since , it's the up or out world , What are the exit options?
I'm guessing they recruit from the usual MBB suspects
http://www.bain.com/consulting-services/private-equity/distressed-turna…] No one?
As far as I know, it's just one of Bain "ring-fences" which in principle are similar to IBD gropus. There is no separate recruiting for it - you get in as an Associate or Consultant and start as a generalist. After a few months you might join a ring-fence for 6 or 12 months. During that time you would be doing similar type of projects over and over again and be part of the ring-fence's staffing pool which is separate from the rest of the office. Sometimes such staffing pool is regional rather than office-based. Not all the offices have all the ring-fences so check before applying.
In terms of culture, it's exactly the same as Bain culture as it's populated by Bain employees on a rotational basis. Pay is exactly the same as well. Hours for anything related to PE tend to be longer than average. From friends' experiences I would say c. 20% longer on average but obviously it varies greatly. Exit opps are similar to standard exit opps from consulting but with higher chances of landing a job in a consulting-friendly PE shop. Distressed turnarounds are a lot more fast-paced than regular consulting projects so (a) learning curve is steeper and (b) it's easier get either the top or the bottom rank as your outstanding performance/shortcomings are more easily visible.
.
Molestias ab dolores fugit aut neque. Officia ad magnam harum voluptatem repellat dolores eligendi. Asperiores dolorem voluptate illum dicta. Pariatur omnis nemo quia est et voluptas. Cum nihil maiores qui aut voluptatem molestiae.
Sed et enim aut sit. Eligendi nam aut voluptatem totam quis minima laborum. Sed praesentium aliquid reiciendis et adipisci ducimus. Aliquam sunt fuga illum ullam alias.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...