7 Comments
 

Based on the most helpful WSO content, here are some insights on asking for an early start at a PE firm:

  1. Firm's Need for Labor:

    • It depends on the firm's current need for labor. Some firms may welcome an early start if they have immediate needs, while others may prefer you to start at the originally planned time.
  2. Communication:

    • When you receive an offer, make it clear that you are interested in starting early. Be upfront about your situation and explain why you would like to start in January 2025.
  3. Precedents:

    • There are instances where individuals have successfully negotiated an early start. For example, one user mentioned that their group at a BB didn't want them to start early, but another friend at the same BB was allowed to start early.
  4. Potential Concerns:

    • Leaving your current role early might raise questions down the road, especially if it appears you didn't complete your full tenure. However, if you communicate effectively and have a valid reason, it can be managed.
  5. Example Approach:

    • You could say something like: "I have an existing project that took longer than originally expected. I believe it'll be wrapped up by January. I absolutely want to accept the offer, but because of my situation, would it be possible to start in January 2025 or find another alternative that is more amenable to you?"
  6. Flexibility:

    • Be prepared for different responses. Some firms might be flexible, while others might have strict start dates. It's important to gauge their reaction and be ready to negotiate.

By following these steps, you can effectively communicate your desire for an early start and increase your chances of a favorable outcome.

Sources: Very Tough Decision - Short-term Comp vs. Long-term job, On Cycle 2025 Advice, Did on cycle just start?, Chances of starting full time in December, On Cycle 2025 Advice

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Yea at a similar stage where feel like learning as flattened and just want to prioritize starting in the new seat above all else. Also feel like I'll be a stronger value add spending the next 6 months starting early and getting a head start rather than sticking around - just based on personal observation but seems there is usually very little learning in the last 6 months of a 2yr program anyways, but not sure how others view that.

 

I think this is incredibly situation specific. Things to consider:
1). What is the relationship between your bank and the firm you are joining? Personally I would not accelerate a hire coming from a key banking relationship.
2). They have hired based on a specific start date. Unless they have early departures, there may not be an opening.

I do know of some exceptions, but 90%+ the expectation is for you to finish your analyst program. If you look at the bigger picture, there is a complex dance between top PE firms and banks right now.

 

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