Regrets After Switching From IB to PE?
Is PE really more lucrative than banking? Comp. for PE associates is lower than that of IBD associates at EB's. I imagine most non-MF PE VPs are making less than EB VPs as well. Plus, having to get an MBA after 2 years erases a significant portion of your savings from ~4 years of work. I understand carry is when the money truly starts to hit the bank, but factoring in the insane competition for spots, and time it takes, is it really worth it? I know there are other merits to PE (slightly better lifestyle, more "interesting" work), but I suspect that they're exaggerated on WSO.
So, I'm curious if anyone has regretted making the switch from IB to PE. How did PE miss your expectations? What are your plans now (return to IB, switch to CorpDev, etc.)?