13 Comments
 

In recent years it's gotten worse at VP since the incoming associates have been so bad. 

I do feel that. That was the case for me at first but then I just stopped stepping in and now just do endless turns and they just stay up until work is in good enough shape for me to review. Before I used to jump in after one round and finish it. But not doing anyone any favors if they never learn

 

is the learning curve from IB to PE hard? wondering if its more of an attitude thing or a skills chop thing. can you pick up PE skillset first year on the job? wondering what the struggle is 

 
Most Helpful

This is a longer story but have noticed gaps on both the hard and soft skills side. You used to take the ability to build models for granted with incoming associates, but in recent years it’s very hit or miss which is very frustrating. If nothing else as an associate, you should be relatively quick and reliable in excel and unfortunately that’s looking to be less and less the case, meaning the VP/Principal has to play down to make sure it gets done right while also attempting to keep things off the MD/Principal’s plate which creates a lot of pressure on both sides for the midlevels.

On the soft skills side it’s more about communication and attitude but those I think can be blamed on the pandemic and zoom/wfh culture. This really exacerbates the former problem re: technical skills because it makes it harder to equitably divvy up work and make course corrections early, creating last second jam jobs for the VP (who ends up doing everything him/herself because the associate can’t be trusted). 

 

Voluptas sint dolor aspernatur. Laborum exercitationem sit officiis repellendus similique quis culpa. Non nisi ea ut. Nemo est maiores tempore et id. Harum explicabo numquam odio eaque mollitia sit et eum. Fuga corporis laboriosam suscipit veniam velit voluptatem.

Career Advancement Opportunities

June 2026 Private Equity

  • The Riverside Company 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.2%
  • Blackstone Group 98.9%
  • Warburg Pincus 98.5%
  • Bain Capital 98.1%

Overall Employee Satisfaction

June 2026 Private Equity

  • KKR (Kohlberg Kravis Roberts) 99.6%
  • The Riverside Company 99.2%
  • Ardian 98.9%
  • Blackstone Group 98.5%
  • Starwood Capital Group 98.1%

Professional Growth Opportunities

June 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.2%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

June 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (97) $363
  • 3rd+ Year Associate (104) $281
  • 2nd Year Associate (234) $272
  • 1st Year Associate (411) $229
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (95) $134
  • 1st Year Analyst (271) $124
  • Intern/Summer Associate (37) $80
  • Intern/Summer Analyst (351) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
98.8
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...”