Should I just do the nepotism path?
So I’m an An2, 1.5 years in to TMT M&A at the moment. I was grinding for PE and got close to superdays and then I thought about it more about the vision for the next decade of my life, and talking to friends and working with people on that side of the table doesn’t seem that great outside the pay.
My dad is a C suite for a public company in a tangential vertical (tech generally), and I’m confident I could come in for a strategic finance/ops role (corp dev also is possible), do that for 2-3 years and then go for an MBA. This seems like a path that could lead me to corporate executive leadership in a shorter amount of time, while also being less painful than gunning for PE senior roles. I also could do MBB consulting after my MBA potentially. I thought about why I was hesitant, and I realize my reasons are not really rational and this is a pretty great path for me unique circumstances. I want to stay in banking for 2.5-3 years though to show I had enough of a brain to survive independently before getting hired by my dad. Also would present me the opportunity to rotate globally given the scale of the company most likely. Thoughts?
I would if I were you. The goal is to grow in your life / career, not just stick to the path that everyone else is following in my opinion. Many other people here probably would if they were in your shoes so why waste the chance. Sounds fun.
Based on the most helpful WSO content, here are some insights and considerations for your situation:
Career Path and Vision:
Experience and Credibility:
Rational Decision-Making:
Exit Opportunities:
In summary, leveraging your dad's position for a strategic role, followed by an MBA and potential consulting opportunities, seems like a well-thought-out plan. It balances gaining independent experience with utilizing available resources to accelerate your career.
Sources: https://www.wallstreetoasis.com/forum/consulting/should-consultants-get-an-mba-8-scenarios-to-consider?customgpt=1, Corporate Finance/Strategy jobs with great repuations?, Am I Thinking About an MBA Wrong?, Checking in 6 years later [IB to MBB transition], Q&A: MBB, BB S&T+IB, Top MBA, US/Global
bump
If you're having doubts about it and are more focused on having a solid lifestyle than maxing total career EV, yes, you should do this.
Really you should just ask your dad what he thinks you should do - "Hey dad, I'm considering how to go about getting the best learning experiences now to set myself up to have your level of impact in my career. What do you see as the pros/cons of sticking in high finance vs. getting operating experience in the tech industry at this stage?"
You have to play the cards you're dealt, and I (and anyone sane) would do the same if they were in your shoes. If the c-suite route is the one you want to pursue, don't let the "nepo baby" tag deter you, that's a label created by jealous people who would do the same exact thing if given the opportunity. Make your life the best it can be
The nice thing here is it’s actually not completely nepotism, it sounds like you have a couple of years of extremely relevant experience so why not
Ea nostrum id nihil enim maiores quam. Distinctio perspiciatis non ab sit est. Eum repellat sit adipisci voluptas sapiente soluta explicabo dolorem. Porro rerum aliquid veritatis nihil corrupti. Rerum quo praesentium cumque et.
Est incidunt animi itaque excepturi corporis illum. Numquam veniam facere ipsa et quibusdam placeat. Id consequatur veritatis magni sint est. Cupiditate quos nostrum autem error.
Consequuntur sunt quia id consectetur excepturi ut alias. Quisquam ex et ut officiis. Eum atque inventore repellendus facere. Pariatur eveniet corporis voluptatem et vitae vero. Sunt ut quia occaecati repudiandae itaque enim. Facilis ipsum aliquam sed dolorem. Pariatur corporis sapiente vel rerum qui ipsum sit.
Aut non voluptatibus nesciunt ratione repellat. Sit eveniet velit ex quas nobis quia. Sunt molestiae aliquam quisquam iste voluptates. Itaque repellendus cumque et voluptatem ratione. Fugiat nesciunt aspernatur ullam quia voluptatem voluptates. Corrupti beatae veritatis ut ratione natus.
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...