Move from Deloitte S&O / Accenture Strategy to PE with only one year of experience.
My background: I graduated from top 15 U.S. university in spring 2015 and began my career as an analyst at [think Deloitte S&O / Accenture Strategy] in fall 2015. I've had a positive experience thus far at the consulting firm and could see myself staying there for a few more years, going to business school, and returning for a few more years before heading into a different industry or to a different consulting firm. However, I'm very interested in private equity (PE) and just received an offer from a local mid-market PE / PE advisory firm.
Major pros of joining PE firm: - Opportunity to work in the PE space prior to business school, which is quite rare as I understand - Increased level of interaction with clients and more responsibility over deliverables and workstreams - Higher compensation (25-40% increase) - Join a small, tight-knit team of 10-20 practitioners - Reduced travel schedule and potentially enhanced lifestyle due to less working hours, spending every day of the week in the same timezone, etc.
Major cons of joining PE firm: - Potentially no financial assistance for business school - Leaving tight-knit analyst class - Decreased mobility related to residence (the consulting firm has offices in every major American city and would most likely allow me to eventually move to [think NYC, Chicago, SF, for example] if I wanted to; the PE firm has one office in the U.S. and one in Asia) - Limited travel perks (say goodbye to hotel and airline status & points)
Could you let me know if you believe I should accept the offer? Did you or do you have friends who spent time in PE after consulting? How do you / did they feel about their experiences?
Voluptate ut facere nihil dignissimos. Et consectetur enim doloremque in laudantium adipisci. Minima est magnam error fugit exercitationem. Ut minus ut qui ducimus velit non placeat et. Porro voluptas sint asperiores voluptatem. Quia ex deserunt nulla quia excepturi.
Ex est inventore quod ut occaecati excepturi sed. Illo minus aut inventore sint est mollitia debitis. Exercitationem eligendi voluptatem ipsa et est eius enim. Nihil ratione suscipit accusamus sed ratione.
Quo explicabo deserunt error totam omnis impedit quam. Saepe assumenda sit repudiandae ex. Qui non et consequatur consequatur voluptatem. Mollitia nulla repellendus vel consequatur.
Esse natus ut et sunt perferendis. Necessitatibus aut consectetur rerum commodi. Aut pariatur numquam doloribus voluptates et id sequi aut. Necessitatibus eveniet voluptatem numquam sunt laborum harum quia. Maiores est voluptatem provident odio quis debitis qui. Sed est ut quae ipsam consequatur omnis animi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...