9 Comments
 

Based on the most helpful WSO content, specific details about MIRA's London office, including associate compensation, culture, and hours, are not explicitly mentioned in the provided context. However, insights into similar roles in London suggest the following general trends:

  1. Compensation: Private equity roles in London, especially at megafunds or large-cap firms, typically offer competitive compensation. For associates, total compensation often includes a base salary and a significant bonus component, but exact figures for MIRA are not detailed here.

  2. Culture: London offices of large firms often have a professional yet demanding culture. Work-life balance can vary, with some firms emphasizing collegiality and others being more performance-driven.

  3. Hours: Hours in private equity roles, particularly at large firms, are generally long. Associates can expect to work 70-90 hours per week during busy periods, with some variability depending on deal activity and team dynamics.

If you're specifically targeting MIRA, it might be helpful to connect with current or former employees for firsthand insights.

Sources: London Investment Banking Culture/Hours, I think I’m being underpaid, Q&A: European PE professional at a Large-cap Megafund, London IBD Associates: hours?, Seeking Info on PE-focused, T2 consulting firms

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Great shop if you can survive the very sharp elbows and politics. Culture is quite bad and they have the tendency of mass firing every year with no real apparent reasons just to re-hire 2 months later.

Another thing I dislike quite a lot is that you will be put in a vertical very quickly and you don't have a say so you can end up in a vertical where you have ZERO interest. Have a friend who ended up in the utilities vertical and have been hating his life ever since with limited scope to move.

 

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