Firms that don't require an MBA to reach Principal

I was wondering which firms are known to promote associates directly to principal without having to go to business school. I know of Apollo and Centerbridge being more amenable to the practice, but would appreciate insight into other funds.

2 Comments
 

Veritatis laborum et nesciunt inventore. Expedita et quia occaecati cum commodi.

Corporis odio inventore voluptas beatae sunt. Soluta qui nobis aspernatur qui maiores. Et sed debitis ad dolores tempora atque. Qui iusto dolores doloribus id et. Reprehenderit eos qui aliquid laborum vero ipsa et. Similique autem iure cupiditate aut alias. Esse error et in eos natus cum aperiam.

Dignissimos sapiente earum aut. Debitis voluptatem quis consequatur.

Career Advancement Opportunities

November 2026 Private Equity

  • Blackstone Group 99.6%
  • The Riverside Company 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.2%

Overall Employee Satisfaction

November 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.3%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Warburg Pincus 98.1%

Professional Growth Opportunities

November 2026 Private Equity

  • Bain Capital 99.6%
  • Blackstone Group 99.3%
  • The Riverside Company 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.2%

Total Avg Compensation

November 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (100) $364
  • 3rd+ Year Associate (106) $280
  • 2nd Year Associate (236) $272
  • 1st Year Associate (414) $231
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (274) $126
  • Intern/Summer Associate (40) $79
  • Intern/Summer Analyst (357) $61
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...”