FP&A to PE...really?
I've read on a seemingly-reputable finance careers site that "approximately 10%" of FP&A analysts eventually transition in to either IB or PE, but I can't see much evidence of this elsewhere. How common is this, and would a FP&A background only qualify you for the back office of a PE firm or is front office a possibility?
bump
I've seen select FP&A roles where the description covers corp dev activities, which I would assume gives you a better toolkit to pursue IB/PE.
So it's not the standard budgeting/forecasting/reporting that's useful for transitioning, but the M&A exposure in certain FP&A roles? That makes sense, thanks.
I could see FP&A --> IB --> PE, but not sure I could see a direct jump. Especially if it's not more of a corp dev type role.
Not a snowball’s chance in hell that 10% of FP&A analysts end up in PE… I’m sure it happens on occasion, but the PE industry is far, far less than 10% the size of the FP&A industry, and it has to be a tiny share that ends up in the field
That's why I was sceptical, surely every mid-to-large company will have FP&A roles but there's precious few PE jobs to go around.
The full quote from that site regarding FP&A was:
How much of that do you think holds water?
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