Should I leave PE after a month and go back to my MBB?Subscribe
Just started my Associate gig at a PE fund on the west coast. Before that I did two years at MBB where I was a top performer. For context, I've also been admitted to the Deferred Admissions program at Stanford GSB so I already have B School locked down.
To be honest, I'm not loving the new job. I think I underestimated the stress of PE in general, specifically being staffed on multiple things at the same time vs. just focused on one project in consulting. I also miss the team culture/environment of my MBB, as PE feels much more like a lone wolf type role. I'm performing well to date, (as well as you can a month in, but I've been getting praise from MD's) but I'm pretty sure this isn't something I want to do long term. Looking ahead at the next role, my VP is up at 2am answering my emails and combined with the stress and the lack of team component that's not a lifestyle I really want.
On the flip side, I really loved my MBB and it was tough to leave. I was top rated in my class, genuinely enjoyed the experience, and they would love to have me back. If I go back for one more year they'll pay for my MBA, and I could see myself progressing beyond my two year commitment on the back end because I like the way the consulting role changes as you progress.
My real question is: Should I go back already? On the one hand I'm only one month into PE, so it's really early to make that decision. Plus, it's just a difficult situation to explain away in the future. On the other, if I know I don't want to do this job for more than 2 years and I can go back to a top tier firm that will pay for my MBA and offer me the opportunity to advance doing work I know I enjoy, shouldn't I just do that now?
Many thanks in advance!