Harder than if you were a banking analyst, but not impossible. Your best bet is to identify firms that also hired consultants and reach out informally for coffee chats with the former consultants... hear what they did, what the recruiting process was like, etc.

 
Best Response

I disagree. I think it is clear that you won't be able to work for BX if you coming from a third tier consulting firm. That said, there are various MM PE funds which have a strong consultant culture. It might be more difficult than if you come from an IB, but it is definitely possible and happens more frequently than people believe. Networking is key for these roles.

 
kinghongkong:
I disagree. I think it is clear that you won't be able to work for BX if you coming from a third tier consulting firm. That said, there are various MM PE funds which have a strong consultant culture. It might be more difficult than if you come from an IB, but it is definitely possible and happens more frequently than people believe. Networking is key for these roles.

Would you say networking is key irrespective of deal experience or is no deal experience = deal breaker ? I'm thinking of moving from consultant to PE but have no deal experience.

 

Agreed that a lot of PE firms have a strong consultant culture, but I still think that past MBB, there are only a couple of tier 2 consulting shops that reliably place people in PE or are thought of as providing truly relevant experience, especially when there are so many IB kids who want every PE spot.

Certainly, you won't be getting any PE headhunter love at a tier 2 consulting shop, you're going to have to network hard, be really technically prepped for the financial stuff, and really have a coherent story as to why you chose CO and now want PE. However, not impossible if you put in the work.

Note: I'm talking about fairly large PE firms I see on a regular basis. I know nothing about VC so not going to opine on that, and don't know anything about how recruiting works for smaller MM PE shops.

 

Explicabo beatae magnam ipsum. Ipsum neque quibusdam quibusdam quia voluptatem. Officia aliquam totam corporis. Natus quo fugit veniam aliquam ea enim perferendis velit. Ipsa beatae rerum rerum aut eos nihil excepturi. Dolorem adipisci accusamus et et totam.

Quae qui dolorum qui dolores ut itaque voluptatum. Repellendus ut cumque aliquam officiis sequi et aliquam et. In sint voluptatem et perspiciatis deleniti nostrum quidem. Et asperiores totam aut deleniti. Voluptas voluptatem in quo qui. Iusto cum odit dolorem repudiandae architecto fugiat.

Sed dolorem reprehenderit est eum est laborum deleniti. Rem nobis labore quam et cum. Unde nam soluta similique aspernatur nesciunt.

Asperiores aut nam aut recusandae. Voluptas qui rerum aliquid fugit. Sit harum autem qui velit. Dolorum adipisci et non rerum ducimus natus mollitia. Neque magni nihil libero eos. Architecto velit impedit earum officiis commodi qui ut et.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”