Here's a question for all you Analysts in IBD.
Why is everyone so obsessed with exit opps of IBD, group placement, and moving into PE? Why don't people want to stay on with banking and move up to the Associate position? From what I hear, the hours average out to about the same (70-90 hrs/wk) and the pay is more or less the same as well (~200k-250k). I just don't see why everyone is so crazy about moving into PE. What's the appeal of it?
Correct me if I'm wrong...the info above is just from what I've read/heard. I'm just curious on the topic.