Post mba experience question
I joined a large cap firm post mba and I kind of expected a different role than the one I find myself doing I guess. I want to better understand what everyone’s experience has been?
I have one junior as support but he’s generally extremely stretched and so I have to do a ton of things I hoped to to have to do like helping with datapack creation, significant chunks of ic deck creation, deep dive reviews of the model to check everything. On top of that I’m kind of running the advisors on market diligence, fdd. I am not getting good exposure on legal and very little exposure to key learnings like direct negotiations on sales agreement with seller and low direct exposure to our buy in team.
Feel like a glorified polished associate. What are you guys responsible for? How’s your experience? Associates need so much handholding by the way it’s insane.
Any thoughts? Am I expecting too much? Banking 3.0...
Should actually read something like:
Jokes aside it sounds like you conflated the responsibilities of a VP who has been there 2-3 years with a VP who is just starting out.
Totally varies, unfortunately. I've seen everything from glorified associate (as you've described above) to running with deal docs, previewing with IC / championing support internally, managing multiple associates etc. There's some correlation with fund size but honestly it really depends on the firm itself how they operate. Your experience doesn't seem too out of the ordinary for a first-year VP and it sounds like it's more driven by lack of junior resources than anything else. Hopefully you'll get more support as you get more senior but I think you're just going to have to eat the shit for now.
Laboriosam amet dolores itaque ratione sed dolorem. Aliquid minus et illo voluptatem a beatae voluptas nihil. Non libero repellat sint pariatur corporis recusandae. Suscipit nemo quisquam minima et.
Libero praesentium molestias doloribus a recusandae voluptatem. Veniam quibusdam non est aut qui enim. Vel excepturi rerum ut qui.
Qui qui neque quasi quia dolor. Adipisci ex possimus excepturi est. Sit eius consequatur hic recusandae.
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...