career paths and salaries from IB to PE

Hi,

So I hear a lot of chatter about the MF of the world, and as someone just penetrating finance, now my brain is wired to think KKR or bust or Carlyle or bust or apollo or bust, etc. in the long-term. Yet, as of rn, my most feasible option is to join a MM bank that has a strong presence in tech, and I'm wondering what salary and career paths are available for me through that decision. If I were to work two full-time years at the bank, and then go to a top b-school, could I switch over to a PE firm that pays well, even if it's not a MF? Sorry if that's a stupid question. And what would that salary progression look like over the next 10 years in a non-MF PE place (say I enter the PE firm at 26), assuming I'm not a total doorknob and am like a 70-80 percentile worker? The end game here is to be a 38-yr old millionaire, married and not divorced, have exactly four kids, be a soccer fan who can afford those roundtrip tickets to London for the weekend matches, and not hate my life; is that feasible with this plan?

Thanks

 

Et a aspernatur deserunt est consequatur. Exercitationem autem aut blanditiis et. Ex velit et officia est doloremque expedita. Quia a ipsam fuga similique tempora. Provident consectetur tempora sit praesentium nemo cupiditate assumenda. Aut commodi in sed possimus voluptatem iure consequatur.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (94) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $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

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...”