All content is posted anonymously by employees working at Bain Capital. Bookmark content that interests you and it will be saved here for you to read or share later. The average Bain Capital hourly pay ranges from approximately $39 per hour for an Internship to $62 per hour for an Associate. If theres anyone who works at Bain Capital Double Impact would love to know your hours as well, and if they differ at all. Bain Capital vs Advent international in London: any opinion? These numbers are always going up but the ratio is probably still somewhat the same. Bain & Company Overview Website: www.bain.com Headquarters: Boston, MA Size: 10000+ Employees Founded: 1973 Type: Company - Private Industry: Business Consulting Revenue: $5 to $10 billion (USD) Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. This role is even more demanding than the project leader role and the consultant will have up to three or four projects at once. Stay ahead in a rapidly changing world. Anyone with experience in the portfolio group at Bain Capital? They will usually remain at that level for up to two years. Based on a survey of more than 500 companies, we observed that only 28% said they communicate pathways for promotions and salary increases and that they hold managers accountable to conduct career progression discussions with direct reports regularly. Advancing Frontline Employees of Color. FSG & PolicyLink. By Julie Coffman, Elyse Rosenblum, Andrea D'Arcy, and Laura Thompson Love. Candidates should have an excellent academic track record and strong quantitative, leadership and communication skills. Leverage your professional network, and get hired. Should I take it now or wait for more interviews to make the decision? Lamentamos pelo inconveniente. Christy Pambianchi, chief human resources officer at Verizon, said, We really want to empower employees so they can realize their greatest ambitions, and Talent GPS will put them in the driver's seat to own and build their future at Verizon.. Career Center | Student Life | Tufts University, Co-op, Experiential Learning, Internship, On-Campus Student Employment, Volunteer, Finance, Consulting, Entrepreneurship & Business, Reflect, Discover & Explore Multiple Interests, Engineering, Technology & Physical Sciences, Healthcare, Life Sciences & the Environment, Exploring Your Interests, Careers & Majors, Applying to Graduate & Professional School. At Bain, this third year is more of a norm and often people spend a full year in Bains famous private equity practice (not to be confused with Bain Capital, but the firms do overlap a lot on the companies they work with). If you entered after graduate school, you could do it in as little as about six years. At Bain Capital we work differently, tenacious in our desire to unearth the fundamentals that drive businesses and markets over the long term. Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Pocket (Opens in new window), Click to share on WhatsApp (Opens in new window). McKinsey is probably the most aggressive with its up or out policy and thus its probably the shortest time to become partner. $120,000 - $155,000 a year. las molestias. There are a lot more distinctions that a Partner can achieve internally such as sector or function leader, executive committee, regional leaders, and so on. Today's top 499 Bain Capital jobs in United States. Bain was established in 1973 by a group of seven former partners of Boston Consulting Group, headed by Bill Bain. Most people go to grad school because they want the experience AND the firms often promise to reimburse anyone who returns to the firm. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. If you succeed at the project leader level and decide to keep going, youll spend anywhere from 1-4 years at the Principal level. Professional, welcoming, family orientated, training, full of talent. For example, in Germany, there are often fellow positions that combine some form of Academic work with project-based work. The thing that makes this work is that the consulting process in these firms is a completely different way of working than you find in other industries. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. First round was two case based interviews and from the looks of it, the super day would be a similar thing but more rounds. This is contrasted to BCG and McKinsey where they have a more standard 2-3 years at project leader before getting promoted to Principal. Further is our collective ambition to create a more sustainable, equitable, and inclusive world. There are slight differences in name. Bain Capital employees attributed a compensation and benefits rating of 4.2/5 stars to their company. Its no surprise that places like McKinsey have much stronger cultures than other mid-tier firms that hire people at the senior level from a wide range of places. Nous sommes dsols pour la gne occasionne. Bain and you begins here Apply Now Meet Our People Passionate, diverse and ready to be your guide. I think so yeah, seems to be based on the description. At McKinsey its Associate Principal or AP, at BCG its simply Principal and at Bain its Associate Partner. While many people leave after a couple years, the most ambitious and most aligned with consulting work spend multiple years in the project leader role: engagement manager at McKinsey, project leader at BCG, or manager/senior manager at Bain. No matter how much experience someone has (sometimes its only 1-2 years, other times its 10-15 years), everyone starts at the same level. Si continas viendo este mensaje, While legally all the senior most people at the three firms are known as Partner meaning they own a share of the company they have different titles. This meant they needed to hire younger people and train them. This Boston-based program commences in June 2024 with the potential for a full-time offer of employment in July 2025. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Next, the leadership team can identify available training and professional development resources for employees to gain those skills. In this case, you likely would have to spend an additional six months or year in the BA role and it might come with the title Senior Business Analyst. At McKinsey and BCG this is more of an exception than the rule. second round with 1 hr interview, 5 other investor interviews including 2 partners, all of which had case study features. @careercenter, Our Strategic Plan for Diversity, Equity & Inclusion, Web Accessibility Statement | Non-Discrimination Policy | UM Gateway About Bain Capital: Bain Capital, LP is one of the world's leading private multi-asset alternative investment firms with approximately $120 billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Express C-suite commitment and formalize accountability, Adopt a skills-first approach to talent acquisition, Diversify talent pipelines through work-based experiences, Provide family-sustaining wages and benefits, Listen to and learn from experiences of employees, Invest resources in cross-training and upskilling, Create mentoring and sponsorship programs. om ons te informeren over dit probleem. Bain Capital 2024 Summer Analyst - Path into Private Equity Boston, MA 30d+ Bain Capital Vice President - Bain Capital Credit - Private Credit Group Boston, MA 20d $91K-$142K Per Year (Glassdoor est.) From coffee to vacation, your questions answered, Not Just a Job: New Evidence on the Quality of Work in the United States. Path into Private Equity Summer Analyst Program (PiPE). One weird thing about the strategy consulting industry is that many people join the industry with an intention to leave. Well-defined, clearly communicated pathways for advancement can encourage employee satisfaction and retention, especially among diverse and underrepresented workers. About 2-3 years after getting hired in the Associate, Consultant, and Consultant roles, people start planning their next move. You can update your choices at any time in your settings. para nos informar sobre o problema. This involves writing articles, doing additional research, and developing new approaches to client problems. If you want to make a big deal out of it, chances are Bain Capital will get involved. Externally, on LinkedIn, most Partners list their role as Managing Director and Partner.. All virtual appointments and events will continue as scheduled. We are sorry for the inconvenience. To assess your best opportunities to advance, explore this demo version of the DEI Opportunity Identifier built by Bain & Company and Grads of Life. Grad school is not a requirement but more of an accepted norm because so many people follow that path. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. This is a make-or-break role for many it it convinces many that a long-term career in consulting is not for them. This Boston-based program commences in June 2024 with the potential for a full-time offer of employment in July 2025. Candidates give an average difficulty score of 3.3 out of 5 (where 5 is the highest level of difficulty) for their job interview at Bain Capital. Similarity bias may make them inclined to offer their guidance and sponsorship to people who resemble them. Overall the career paths at Bain, BCG and McKinsey are fairly similar and there are three distinct phases before making it to partner. Generally, it seems as if Bain's career path is the longest but more on that at a big Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie For all employees, the opportunity to advance and earn higher wages is a key factor in satisfaction and an indicator of job quality. How Do We Define Good Jobs, and How Do They Affect Worker Well-Being? scusiamo se questo pu causarti degli inconvenienti. Find Jobs ETR: Careers. At Boston Consulting Group, Partners are known as Managing Directors and then if they have been in that role 5-10 years they might get promoted to Senior Managing Director. Claim your Free Employer Profile Website: www.baincapital.com Headquarters: Boston, MA Size: 501 to 1000 Employees Founded: 1984 Type: Company - Private Industry: Investment & Asset Management Revenue: Unknown / Non-Applicable Competitors: KKR Create Comparison Please help us protect Glassdoor by verifying that you're a Ann Arbor, Michigan 48109-1316 Bain & Company is widely considered to be among the most elite management consulting firms in the world, one of the "big three" referred to as the MBB (McKinsey, Bain and BCG) firms. Analyst/Associate Bain Capital Credit - Private Credit Team. Vero est quae quibusdam et. At Bain, this third year is more of a norm and often people spend a full year in Bain's famous private equity practice (not to be confused with Bain Capital, but the firms do overlap a lot on the companies they work with). WSO depends on everyone being able to pitch in when they know something. The reasons are varied but the most common is that there are better options, the lifestyle is too demanding, or the person simply wasnt a good fit at the firm or for the type of work. A good example of a trajectory of a Partner is Dominic Barton at McKinsey. Amsterdam, Berlin, Copenhagen, London, Madrid, Milan, Munich, Paris, Rome, Stockholm, Zurich $132K-$188K Per Year (Glassdoor est.) Wenn Ci If you arent able to make it to Partner you are typically supported by the firms in a search for external roles. About Since 1984, investing in companies for lasting impact Portfolio Curious to know what the job is like (content, culture), how it differs from traditional PE consulting, profiles they are looking for, and comp (London based). Please set aside a total of 15-20 undisturbed minutes to complete this. No carry for another 4 years, Experienced VP Interviews - Fit Questions. Not seeing anything else about this on here, so I figured I would start this forum to see if anyone else is going through this process at the moment. . You will also gain operating experience through exposure to a variety of portfolio company issues, from potential add-on investments to liquidity options to improving core operations. The community relies on everyone sharing. The most ambitious Partners may one day attempt to become the firmwide Managing Director. (Searched through the group and couldnt find it) Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Temporibus consequatur deleniti sunt nostrum quis occaecati eligendi doloremque. But very few companies make this information explicit and transparent. To get a job at Bain Capital, browse currently open positions and apply for a job near you. Within Bain, it is known that the extra manager role means it takes a bit longer. Its often seen as the hardest role in the firm because its the first time being hands-on with the client while also managing other people for the first time. Our teams work collaboratively; every member of the team owns a critical piece of the diligence, and we encourage every member of the team to voice their point of view on complex business decisions. Get notified about new Bain Capital jobs in United States. Bain Capital Private Equity pioneered the value-added investment approach. This is the Bain Capital company profile. Again, leaders cant assume that all employees implicitly understand what it takes to receive a promotion. Center for Careers and Internships You can unsubscribe from these emails at any time. Read what they think about their salaries on our Compensation FAQ page for Bain Capital. I know Bain Capital stopped doing a summer analyst program for undergrads, but I think they must have restarted the program this year unannounced. Please select an industry from the dropdown list. Asked to Co-invest - should I take it? Not seeing anything else about this on here, so I figured I would start this forum to see if anyone else is going through this process at the moment. They handle small workstreams or support senior consultants in larger, more important workstreams. Why are headhunter firms all predominantly women? I knew people that had spent more than four years at Principal at BCG. Industry: Investment & Asset Management. It specializes in private equity, venture capital, credit products and absolute return investments. A journey to transform businesses and communities for the better. (734) 764-7460 . The shift from the post-graduate position which focuses on data analysis and execution to the project manager position is the hardest in consulting. per informarci del problema. 84% of employees think that Bain Capital has a positive business outlook. Not Just a Job: New Evidence on the Quality of Work in the United States. This employer has not claimed their Employer Profile and is missing out on connecting with our community. As a pet peeve, "Bain" usually refers to the consulting firm, and "Bain Cap" refers to the private equity firm. Path into Private Equity Summer Analyst Program (PiPE) At Bain Capital we work differently, tenacious in our desire to unearth the fundamentals that drive businesses and markets over the long term (Interesting deals, exposure, culture, WLB, comps, etc.. ). Bain Capital has a positive business outlook. Als u dit bericht blijft zien, stuur dan een e-mail Verizon plans to roll out Talent GPS in phases over several years, with the initial phase focusing on a market-driven job architecture with consistent job families and titles. Once you get a positive response, make sure to find out about the interview process at Bain Capital and prepare for tough questions. Many employers believe they have strong career paths. or Want to Sign up with your social account? envie um e-mail para Though in reality, these people often have a lot of status and power within the company and are given unique roles and responsibilities. Rothwell, Jonathan and Steve Crabtree. Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. The average Bain Capital salary ranges from approximately $82,709 per year for a Senior Operations Associate to $454,568 per year for a Director. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Opportunity Navigator. Boston, MA, February 16, 2023 - Bain Capital Credit, LP ("Bain Capital Credit"), a leading global credit specialist, today announced the launch of Bain Capital Private Credit ("BCPC" or the "Fund"), a perpetual life, non-traded business development company. Bain capital - how many hours do you work a week on average? Bain Capital Path Into Private Equity Summer 2021. HR Director, Americas Employee Relations. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Instead, they should make the information as clear and accessible as possible. Creating strong career paths starts with determining the required skills and competencies to reach various roles or career stages. Typically only Partner is used externally. In addition to client work, consultants are pressured to develop a spike or topic expertise where they can become a go-to person for many clients in the future. This isnt as bad as youd think though as most people are able to find great roles at clients or companies at the Vice President level or higher. How Do We Define Good Jobs, and How Do They Affect Worker Well-Being? WorkRise Network. The private equity and venture capital investor acquires and owns interests in companies in the business services, retail and consumer products, communications, health care, hospitality, and, Opens the Fishbowl by Glassdoor site in a new window. Bain Capital is an equal opportunity employer. They said they're only hiring 2-4 people for this program, Path Into Private Equity (PIPE). Get a free, personalized salary estimate based on today's job market. McKinsey also offers to pay 50% of MBA tuition for . Learn about the Public Service Intern Program (PSIP), U.S. For the post-undergraduate and post-graduate roles, the average time in tenure is about two years. View on a map Associate Economist, Macro Trends Group. verdade. If you want to make a big deal out of it, chances are Bain Capital will get involved. In order to be fully considered for this position, we also ask that you complete a brief online assessment with our partners at Predictive Index (~20 minutes to complete), so that we can learn a bit more about your workplace behavior and your ability to process complex information. Through our data-driven approach, we help companies understand their current positioning and create customized engagements to help them achieve their goals. 7 days ago. Extraordinary Outcomes. Changes won't be saved until you sign up for an Enhanced Profile subscription. How much do Bain Capital employees make? February 12, 2021.