Why do Analysts take time post-IB to PE gig?
Why do analysts say finish their two year stint in July or August but then don't start their PE job till October or November? Why would you leave early, wouldn't you just want to keep working and earn a few more months of salary? Or do the groups make you leave if they know you are leaving for PE?
Also how early do you have to tell groups you want to stay on to be promoted A2A versus leaving?
You get a good bonus and then travel/do whatever. You get really tired after 2 years of IB and PE is a similar experience.
Makes sense, thanks for this. I guess a few months of salary in the long run is probably not even worth it, better to just take time off and chill out for a bit
No problem lol I talked to a few people who didn’t do this and went right to PE and basically only did an mba for 2 years off lol. Crazy how people work so hard for $ to spend it so they don’t have to work
It’s worth trading a bit of comp to feel human again for a few months
Lol seems to be the trend I guess
because the 5-10 grand you will make working those months will yield no where near the fulfillment and happiness of taking some time off and traveling/spending time with family friends/doing whatever the fuck. I’m sure there are people who look at it as a missed opportunity cost, but quite frankly you only get so many days in your 20s, and why spend them staring at excel
I quit to travel for 1 year. I had saved up a lot of money doing 2.5 years in IB and living at home with my parents. So for me the choice between a couple extra bucks and some time off to reset was a no brainer.
I booked a one way flight to Asia and just chilled hard. Volunteered at hostels, taught English for a few months and met a lot of cool people. Lot of professionals who were in the same boat. They were travelling before MBA, before law school or post Masters etc.
It’s a lot more common than you think.
That's awesome sounds like the dream
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