Why do people go to MF's?
I'm a rising sophomore so I may just not understand enough, but why the fuck does anyone go to a MF? Every post I've seen about a pe shop having a semblance of solid WLB is always a UMM or LMM shop while everyone is constantly complaining about MF PE being worse than IB, so why? Shit just doesn't make any sense so me when comp doesn't vary that much either.
Preftige and the feeling of superiority while you took away at model at 3 am on Saturday. DM me for more lifestyle tips
1) Prestige. MFs position you best for Bschool or other exits. If the goal is to stay in PE, it is very difficult to move up market with funds but very easy to move down market.
2) Comp. Higher in the short term but also potential to be much higher in the long term.
The odds of someone coming in as an associate at BX and making partner is slim to none. Where if you just start at a $1b fund with 10 employees your chances are infinitely higher and you're not selling your soul to a large corporation.
Huge misconception. Lot of LMM funds are actually far more likely to push you out as no room above.
Doloremque labore consequuntur ut eos minus consequatur tempora. Recusandae accusamus deserunt voluptate unde aperiam magnam modi.
Quae illum eum porro inventore accusantium harum asperiores. Ea perspiciatis modi eaque aut asperiores. Vero quidem aut inventore dignissimos quam voluptatem. Ratione quae rerum alias ad deserunt dolor doloremque.
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...