Consulting vs. PE

Background: graduated from STEM school 2 years ago with a degree in Quantitative Finance. Interned in AM at a BB and did not accept the full time offer I received to instead take a financial strategy consulting position.

Have liked My job thus far and am interested in the content of the engagements I have been placed on. Additionally, I have been told numerous times that I have the behavioral tools and ambition to become a partner. The firm is also allowing me to graduate early from the entry level program to fast track my promotion.

Recently I was offered an opportunity to jump ship and work at a large PE firm, within Portfolio Management. The upfront compensation would be about the same as what I am making right now, however, I will make a lot more in the next ten years at the PE firm then I would in consulting, but I would make more eventually staying at the consulting firm if I made partner.

I am at odds with whether or not I should stay for the long run or jump ship to make more in the interim. I’m sure plenty of you have had similar decisions and so I ask for your advice.

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1.2m average partner salary for financial strategy consulting practices within my firm + Pension that pays 75% of an average of your top three years of comp.

 
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