MBB vs BlackRock
Hi everyone,
I'm wondering which option would be the best for a first full-time job between BlackRock (Private debt analyst) and MBB (Junior Associate at McKinsey or AC at Bain). Location: Western Europe
Private debt work at BR consists of financing private equity deals; the work consists of:
- LBO modeling
- Writing Investment memo
- Portfolio companies reporting
I would love to hear about the following:
- Exit opp after 2-3years + which is best for PE
- Salary evolution, especially for private debt as I couldn't find that much info
- Move from one to another later (from BR to MBB VS from MBB to BR)
Appreciate every reply!
Can offer unique insight as I worked in one of the investment teams at Blk Private Credit. Overall the work is fairly monotonous at most of the private credit funds at Blk (excl. GCO) and the investment process at the firm is rudimentary and underwhelming imo. Really good people in the various teams however mostly people settling down looking to work sub 70 hour weeks.
On your Qs
1. After 2-3 years at Bain / McKinsey, starting as a Jr A or AC, you'd gun for a (Junior) Associate-level position at PE funds
2. Don't know anything about private debt
3. If you trust aggregate LinkedIn data: BR to MBB = ~230-240, while MBB to BR = ~ 190-200 (McK: ~50%, BCG: ~30%, Bain: ~20%, -ish)
MBB way better. Not even close
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