"Short of starting your own business, there is arguably no job you can take that has a higher earning potential than this one. The most senior non-founder leaders at the largest firms are billionaires or near-billionaires. Even at a middle market firm, a non-founder senior partner can make north of $20M per year..."
"The typical prerequisite to becoming a Private Equity Associate is working at an Investment Bank or major consulting firm for 2-3 years. Most established Private Equity firms typically make hiring decisions nearly two years in advance of their start date, so many people will interview for their Private Equity job shortly after starting at their IB or consulting job..."