What to do - advice needed for incoming 27 associate
Hi there,
I’ll keep this post short. Current about one year in consulting at a T2 firm. Most of my day now is literally massaging ChatGPT. I don’t feel like I’m learning concrete or technical things besides just general industry knowledge from different cases I am staffed on (they’re short). I
I know this may sound arrogant, or maybe it’ll sound like I’m humble, I don’t really know. But take my words literally:
A private equity associate position basically fell into my lap and I accepted the role like 5 months ago to start in fall 2027. Aka I have one more year at the consulting firm. I did no private equity modeling prep, no industry prep, nothing. I somehow got the interview without even applying and got the role at a pretty decent rep UMM/MM firm. It’s also a sweatshop and does a lot of deals.
I feel entirely unprepared. I know I have a year but
My consulting hours aren’t very generous. I plan to take a month or so off in between to travel etc.
My main question is…what can I do an hour or two a week to even
Begin preparing? I never took an accounting course. I don’t know how to model. I don’t really even know what the associate position looks like. Where can I even begin? I know the basics of everything, basically, but just the serious bare bones basics. I couldn’t build any sort of model from scratch for 1mil or evaluate QofE. What can u do to start?
Please help. I don’t want to have even worse hours next year plus be super grind my JPM and Goldman start class plus be worried about being fired haha
Thanks!