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$$$ Careers for Career switchers

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After MBA which is the most $$$ industry that a career switchers can go to, where he/she can expect $300K+ salary.

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rhyme
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[#permalink] New post   07 Mar 2007, 19:11
smudge wrote:
does anyone know how many employees a private equity firm will typically have?


Not many. Depends on the firm, but they usually only hire maybe 2 or 3 people a year.
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gmatclb
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[#permalink] New post   07 Mar 2007, 19:29
smudge wrote:
does anyone know how many employees a private equity firm will typically have?


They hire when someone leaves the firm. My old rommate was the only analyst at his shop and every other employee was either a partner or secretary. Of course, this was a small firm.
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mba07
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[#permalink] New post   08 Mar 2007, 01:45
gmatclb wrote:
smudge wrote:
does anyone know how many employees a private equity firm will typically have?


They hire when someone leaves the firm. My old rommate was the only analyst at his shop and every other employee was either a partner or secretary. Of course, this was a small firm.

Do the big PE shops like Blackstone, Carlyle, KKR even hire on campus? I had an impression they recruit from places like McK, Bain, BCG. Can someone throw light on this?
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diegmat
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[#permalink] New post   08 Mar 2007, 02:10
mba07 wrote:
gmatclb wrote:
smudge wrote:
does anyone know how many employees a private equity firm will typically have?


They hire when someone leaves the firm. My old rommate was the only analyst at his shop and every other employee was either a partner or secretary. Of course, this was a small firm.

Do the big PE shops like Blackstone, Carlyle, KKR even hire on campus? I had an impression they recruit from places like McK, Bain, BCG. Can someone throw light on this?


Yes they definitely do. Know several Wharton grads who had offers from Blackstone, Carlyle, etc.

My guess is that they target W and H. Maybe Tuck and Chicago too...
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venky1979
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[#permalink] New post   08 Mar 2007, 02:42
rhyme wrote:
I really cant even begin to tell you the number of people I've met who want to do IB or want to do MC but you ask them why, and they really really dont have a good answer.

Venky,

If all you want in life is money, go do IB. It pays very well. If you want a bit more of a life and still get paid a helluva lot more than whatever your getting paid now probably, go into MC. If you want to make a little less than your peers for a few years, but when they are sitting in New Jersey at 10pm at night, you are at home watching the Simpsons, go into something corporate.


Yes what good is money if you dont have a life and are not happy :)
MC sounds like a good option.
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gauravgoyal_g
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[#permalink] New post   09 Mar 2007, 04:58
I maybe way off base here, but based on the profiles of the the people working at top private equity firms, it looks like most of the people in private equity were at one point in Investment Banking.
Morever the job description of someone in Private equity seems very similar to that in M & A/IB.
So from a lifestyle point of view, is working in private equity really different from working in M&A or IB?

On a slightly different track, would early 30s be late in life to switch to IB or other finance related roles such as equity research/financial planning etc?
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kidderek
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[#permalink] New post   09 Mar 2007, 08:44
gauravgoyal_g wrote:
On a slightly different track, would early 30s be late in life to switch to IB or other finance related roles such as equity research/financial planning etc?


Good question. I will be 31 when I graduate; which is slightly old, but I don't think it's too old.
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Keerthi23
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$$$ Careers for Career switchers [#permalink] New post   21 Apr 2022, 04:36
hii,
After completing MBA, I recommend to do data science course.
Data science is a very good career with tremendous opportunities for advancement in the future. Already, demand is high, salaries are competitive, and the perks are numerous. The average salary for a data scientist is Rs. 698,412 per year. With less than a year of experience, an entry-level data scientist can make approximately 500,000 per year.
Learnbay provides the best online data science and advanced AI Programme course institute in Pune. They are providing 6 to 8 certificates and 14 live projects. They have well-experienced faculties that will help them build their technical skills and enhance career opportunities. for more information, visit Learnbay.co
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LuisCarlos
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Re: $$$ Careers for Career switchers [#permalink] New post   26 Mar 2024, 21:38
Ah this is me!

Luck played its part, but the real game-changer was strategic maneuvering post-MBA. I transitioned from a finance department's "Excel monkey" to making over $300k in Tech within a few years. It was about seizing the opportunity in Tech within finance, teaching myself to code, and changing roles mixing experiences from both.
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gmatclubot
Re: $$$ Careers for Career switchers [#permalink]
26 Mar 2024, 21:38
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