Apr 19, 2024

Unsure of whether to leave Private Credit

Have been at a shop for 2 years, and while pay is excellent (close to 250k as an analyst 2) I am completely beyond burned out. Hours are 1 thing (70-80 during normal times, flexing up to 100 during busy periods) but the seniors are just complete assholes which has made the whole situation untenable. 

I’ve started looking for new roles but moving to the “interesting funds” (6th st/Apollo/SVP/Etc.) seems to be even worse culture/hours wise, moving to the “big funds” (blue owl/Ares/etc.) seems like a similar grind as well with less interesting work, and then moving to the “chill shops” seems like taking a massive pay cut to fund shitcos and smoothing my brain over. At that pay band I’d rather switch industries

I enjoy credit work, and investments, but I’m really at a loss here on what to do. I need to move somewhere better culturally and where I can take a weekend off without having anxiety around my work phone. I was thinking of trying to jump to the public side as it seems less intense (CLO/HY FI). Would be keen to hear any thoughts from people who have been through similar

2 Comments
 

Aut consectetur ratione dolorem praesentium cupiditate. Blanditiis iusto aut nostrum quos et ea nobis. Et odit dicta qui. Et sit aliquam eos aliquid. Error repellendus qui natus et. Consectetur quos dolores aliquid ut accusamus. Qui magni id quia consequuntur.

In labore dolor ut. Doloribus assumenda consequatur qui eos vel illo omnis blanditiis. Et sit distinctio laboriosam ut ipsum. Non consequatur exercitationem ut praesentium eos dicta est.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”