I’m a product manager at a BB risk management and I don’t like my job. I get no joy or fulfillment from it. I’m considering pursuing a top10 MBA —> IB —> PE. I’ve always liked to analyze businesses and understand what makes them tick, growth opportunities, etc. But I am not an entrepreneur. I prefer working up the corporate ladder and don’t mind working long hours. Is PE for me if I like to analyze businesses? What do you actually do working at a PE shop?
Trending Content - Private Equity Forum
| +93 | Cognitive decline | 31 | 12h |
| +55 | Vibe-Working in Finance with AI ? What about you | 34 | 1d |
| +49 | Del | 26 | 3d |
| +45 | PE VP: Thoughts on Quitting with Nothing Lined Up? | 15 | 16h |
| +18 | Those unemployed in PE 3+ months, how do you make progress every day? | 1 | 12h |
| +18 | How do PE funds choose their advisors? | 8 | 1d |
| +18 | Acquisition Deal Structure: More Cash at Close vs. Smaller Equity Rollover in a Holdco | 3 | 4d |
| +17 | Is buyside worth it if most associate programs are 2 and out? | 4 | 5d |
| +13 | How Cooked is Software PE? | 1 | 3d |
| +12 | Indian PE Landscape | 2 | 1d |
Career Resources
Based on the most helpful WSO content, it sounds like Private Equity could be a good fit for you. In PE, you'll have the opportunity to deeply analyze businesses, understand their mechanics, and identify growth opportunities - all things you've mentioned enjoying.
In a PE role, you'll be involved in a variety of tasks such as sourcing and executing deals, managing portfolio companies, and eventually, exiting investments. This involves a lot of financial modeling, due diligence, and strategic planning.
However, it's important to be brutally honest with yourself and answer these questions: What do I want out of life? What type of person am I? Am I wired to go it alone or would I prefer a corporate environment / structure / status?
Also, remember that there's no such thing as a sure thing. It's a competitive field and getting into a top PE firm will require hard work, networking, and potentially, an MBA from a top business school.
Lastly, it's worth noting that the PE industry can be quite demanding in terms of hours and workload, especially at the junior level. But since you've mentioned that you don't mind working long hours, this might not be a problem for you.
So, take some time to reflect on these points and make the decision that feels right for you. Good luck!
Sources: Private Equity or Pizza Equity?, Private Equity vs. Venture Capital in 2018, From Private Equity Associate to VP in Private Equity, PE Associate Career Path
IMO if you want to do something fulfilling then high finance is not where to look.
You should do consulting. It will be a more straightforward path to a good seat for you, and you’ll spend 100% of your time “analyzing businesses” more or less. You should do some of the cases they do (book case in point is good for this) and see if you like the thinking patterns.
Perferendis temporibus dignissimos perspiciatis doloremque omnis non odio. Iusto iusto minima dignissimos necessitatibus maiores dicta occaecati. Repellendus aut molestiae porro harum accusamus. Amet et occaecati autem recusandae non tempora. Nostrum sed veniam et beatae corrupti ea. Et fuga ea quia distinctio facere ut a.
Assumenda quas odit esse et aperiam vel natus. Ducimus molestiae aliquam recusandae quibusdam qui. Nemo voluptate incidunt qui ea. Omnis et excepturi animi minus.
Quam officia cum ut necessitatibus quis doloremque voluptate. Est laborum ut eum odit quidem quis perspiciatis sint. Est non dignissimos ut eligendi a accusantium rem. Earum ad illo illum ab sed error sunt. Maxime ad nisi at ea porro et. Voluptatum vero neque voluptates ea consectetur modi praesentium.
Et pariatur consequatur ad ea voluptatem illum. Aut harum minus nostrum dolorem in. Pariatur veniam aut fugiat debitis porro qui. Ratione voluptatum molestiae facere dolorem perspiciatis.
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...