Economic Consulting at engineering firm > Infra PE/Project Finance?

Hi All, have received an offer for an economic planning consultant at Arup a pretty large engineering/design firm in the infra space. My question is where can I go with a few years experience here? The job description seems quite good but would love to hear thoughts:

“City Economics projects include economic appraisals of individual large-scale transport and housing investments, regeneration and economic development strategies, ex-ante policy appraisals, funding studies, development of infrastructure plans, business cases and economic evaluation studies. As part of our work, we work in collaboration with urban planners, landscape architects, urban designers, transport planners and sustainability experts, for instance in feasibility studies, business plans for major new urban infrastructure and masterplans.
From your first day, you'll join an unrivalled community of experts, where everyone is supported in their career path and provided with great training opportunities. You'll help us to deliver effective and professional services for a range of varied and high-profile clients. While you'll have a great deal of responsibility from day one, we'll give you the chance to take on more as you progress and broaden your skills. Working as part of a team, your role will be to advise city-focused clients on a range of strategic, policy, economic and financial issues. Across the public and private sectors, you will help manage client relationships with public sector agencies, project and property developers, infrastructure operators and other organisations. This will involve primary and secondary research, data analysis, economic and financial modelling, information design and report writing skills”

 

Based on the most helpful WSO content, transitioning from an economic planning consultant role at a firm like Arup, which specializes in infrastructure, to Infrastructure Private Equity (Infra PE) or Project Finance could be a viable career path. The experience you'll gain in economic appraisals, development strategies, policy appraisals, and infrastructure plans is highly relevant to Infra PE and Project Finance roles. Here's how your experience could align with potential career paths:

  1. Economic and Financial Modeling Skills: Your role in economic evaluation studies and financial modeling is directly applicable to Infra PE and Project Finance. These skills are crucial for assessing the viability and potential returns of infrastructure projects.

  2. Cross-disciplinary Collaboration: Working alongside urban planners, transport planners, and sustainability experts will give you a holistic understanding of infrastructure projects. This interdisciplinary experience is valuable in Infra PE/Project Finance, where understanding the broader implications of projects is key.

  3. Client Relationship Management: Your involvement in managing relationships with a variety of stakeholders, including public sector agencies and infrastructure operators, will be beneficial in Infra PE/Project Finance roles, where stakeholder engagement is critical.

  4. Strategic and Policy Advisory: Advising on strategic, policy, and economic issues for city-focused clients equips you with the ability to evaluate and contribute to investment decisions in the infrastructure sector from a strategic standpoint.

  5. Professional Development and Training: The emphasis on career path support and training opportunities at Arup can enhance your qualifications for Infra PE/Project Finance roles. Continuous learning and development are highly valued in these fields.

  6. Broadening Skills and Responsibilities: The opportunity to take on more responsibilities as you progress at Arup can prepare you for the demanding and multifaceted nature of Infra PE/Project Finance roles.

While your experience at an engineering/design firm in the infrastructure space is not a traditional path to Infra PE/Project Finance, the skills and knowledge you'll acquire are highly relevant and can make you a strong candidate for such roles. It's also beneficial to network within the industry and possibly pursue additional qualifications or certifications relevant to Infra PE/Project Finance to further enhance your transition prospects.

Sources: Economic Consulting Q&A - Past experience at major firms, Economic Consulting Q&A - Past experience at major firms, Q&A: I grew up in Consulting and reinvented my brand 3 times, Q&A: Former MBB Consultant

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

Based on the most helpful WSO content, transitioning from an economic planning consultant role at a large engineering/design firm like Arup, especially within the infrastructure space, to Infrastructure Private Equity (Infra PE) or Project Finance could be a viable career path. Here's how your experience at Arup could position you for such a move:

  1. Skillset Development: Your role at Arup will likely involve a lot of quantitative and qualitative analysis, including economic and financial modeling, which are crucial skills in Infra PE and Project Finance. The ability to appraise large-scale investments and develop business cases are directly applicable to evaluating potential investments in the PE space.

  2. Sector Knowledge: Working on infrastructure projects gives you a deep dive into the sector, understanding the risks, opportunities, and financial structures that are unique to this area. This sector-specific knowledge is highly valued in Infra PE and Project Finance, where investments are made in similar large-scale infrastructure projects.

  3. Network and Exposure: Through collaborations with urban planners, landscape architects, and other professionals, as well as managing client relationships across the public and private sectors, you'll build a network that can be invaluable. These connections can open doors and provide insights that are beneficial in Infra PE or Project Finance roles.

  4. Project Management and Advisory Experience: Advising clients on strategic, policy, economic, and financial issues equips you with a consultancy mindset. This experience is beneficial in Infra PE and Project Finance, where you'll often need to assess and advise on the viability and strategic direction of investments.

  5. Broadening Your Skills: The promise of great training opportunities and the chance to take on more responsibility as you progress at Arup suggests that you'll be in a position to continuously expand your skill set. This ongoing professional development is crucial for making the leap to more specialized roles in Infra PE or Project Finance.

To make the transition smoother, consider focusing on projects at Arup that have a clear overlap with Infra PE or Project Finance, such as those involving investment appraisals or financial feasibility studies. Additionally, networking with professionals in your target field and possibly pursuing further education or certifications relevant to Infra PE or Project Finance could enhance your profile.

Remember, while the skills and experiences you gain at Arup can be highly relevant, transitioning to Infra PE or Project Finance will also depend on market conditions, your networking efforts, and how you position your experience and skills to potential employers in these fields.

Sources: Economic Consulting Q&A - Past experience at major firms, Economic Consulting Q&A - Past experience at major firms, Q&A: I grew up in Consulting and reinvented my brand 3 times, Q&A: Former MBB Consultant

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

London office, thank you for your response what are your thoughts on the role in terms of exit ops down the line?

 
Most Helpful

Deleniti quibusdam quasi quisquam tempora debitis veniam. Assumenda eveniet placeat vero eum non fuga minima. Odio tenetur debitis labore.

Reprehenderit vel laudantium maxime quibusdam ipsa totam. Facilis voluptas et occaecati voluptas aliquam aliquam occaecati. Voluptas voluptatem laudantium voluptas voluptatum voluptas. Excepturi sunt id dolore est. Perferendis reiciendis qui quod assumenda dolorum sint ea.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
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...”