Advancement Prospects
Traditionally, pre-master’s degree in business (MBA) associates and analysts have been hired for two or three years, and then required to leave the firm to earn their degrees. According to the Wall Street Journal, some major firms are dropping this policy and promoting those without an MBA.
Talented associates and analysts can advance to become senior associates/analysts, then principals and vice presidents. Some become junior partners, general partners, and managing partners. Others start their own PE firms.
Related Professions
- Investment Underwriters
- Private Equity Accountants and Auditors
- Private Equity Business Development Directors
- Private Equity Chief Dealmakers
- Private Equity Compliance Professionals
- Private Equity Financial Managers
- Private Equity Investor Relations Specialists
- Private Equity Lawyers
- Private Equity Marketing Specialists
- Private Equity Risk Managers