FP&A to PE...really?

I've read on a seemingly-reputable finance careers site that "approximately 10%" of FP&A analysts eventually transition in to either IB or PE, but I can't see much evidence of this elsewhere. How common is this, and would a FP&A background only qualify you for the back office of a PE firm or is front office a possibility?

 

That's why I was sceptical, surely every mid-to-large company will have FP&A roles but there's precious few PE jobs to go around.

The full quote from that site regarding FP&A was:

"A majority of corporate financial analysts remain in the industry but pursue new challenges (and higher salaries) by moving from one company to another. Approximately 10% of corporate financial analysts eventually transition themselves into the fields of either investment banking or private equity. Another 10% move into some other area of corporate management, such as sales and marketing or human resources. About 20% of financial analysts end up going into business for themselves, becoming private business consultants."

How much of that do you think holds water?

 

Architecto culpa fugit dolorum rerum beatae omnis. Doloremque eligendi ad et dolorum. Quos minima suscipit deserunt dolorum nobis. Dolor omnis ut deleniti optio non.

Repellendus asperiores mollitia reprehenderit libero voluptatem. Exercitationem praesentium quod et quae.

Voluptas debitis pariatur velit et quod perspiciatis voluptas perspiciatis. Et aperiam debitis facere repudiandae quia ex tempora. Optio facere dignissimos dicta nihil qui quas doloribus. Molestiae in repellat facilis libero alias beatae cupiditate illo.

Career Advancement Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Warburg Pincus 99.0%
  • Blackstone Group 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

March 2024 Private Equity

  • Principal (9) $653
  • Director/MD (21) $586
  • Vice President (92) $362
  • 3rd+ Year Associate (89) $280
  • 2nd Year Associate (204) $268
  • 1st Year Associate (386) $229
  • 3rd+ Year Analyst (28) $157
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (313) $59
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...”