So I feel like the most common path if you want to stay in PE is: 2-yr PE associate>B-school>PE Sr. associate/VP.
What if I don't want to get my MBA? Do I lateral to another firm and be an associate again for 2 more years? Then hope for promotion to senior levels? Correct me if I'm wrong, but I feel like most funds will not hire sr. associates/VP's after only a 2-year associate program.