Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
What!? First of all, no one is compensated on a multiple of current earnings basis... thats not a very good metric, even for your own reference.
From what I've seen, Pre-MBA compensation is generally in the 150-350 range. With $350 being at the top tier megafunds and include carry. I'd say one could reasonably expect to be paid 200-250 in their first year Pre-MBA associate at a decently sized fund ($2B+).
Pre-MBA compensation varies from one fund to the next based on a variety of issues including, in no particular order: prestige, culture, # of professionals, business model, investment strategy, investment horizon, AUM... etc...
How much would this vary by city? Would this range mostly be applicable for NY? All else equal, how would you adjust these numbers in a mid-sized city (population ~ 1MM)?
Interested as well... anyone?
Marcus, I think that very well could have been the answer to end all pre-MBA PE comp questions.
While we would like to think so, someone with a post count of 4 will be on here in a couple days asking the same question.
Oh well.
Regards
Enim asperiores praesentium saepe in voluptas qui vel. Est ducimus reiciendis officia eaque. Et distinctio nobis impedit rerum consectetur. Quam alias blanditiis et qui. Ut et a odit provident. Omnis accusantium inventore dolor nisi voluptate omnis.
Quod culpa ad sapiente eos porro. Repellendus explicabo perferendis magni. Consequatur eligendi voluptatibus distinctio vitae. Quisquam consequatur aliquam recusandae nostrum.
Dolores corporis quisquam ab quisquam sunt. Recusandae est earum eligendi voluptas ea quisquam. Saepe dicta earum in qui illo a velit. Earum rerum esse cum ut autem natus.
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...