Midcap Financial?
My twin sister is applying to Midcap. Does anyone know about this firm and it’s culture? What is associate comp approximately?
Trending Content
| +196 | PE Recruiting Prep Guide - 2024 | 22 | 5h | |
| +67 | No hispanics in PE | 36 | 6h | |
| +29 | Is Thoma Bravo fucked? | 17 | 2d | |
| +27 | Private Equity in Japan | 10 | 4d | |
| +24 | MS M&A/MC/Menlo vs MF PE Analyst | 27 | 5d | |
| +23 | MF PE Analyst Programs Ranked | 20 | 1h | |
| +20 | PE and Balance Sheet Heavy Businesses | 6 | 2h | |
| +18 | Down after rejection | 8 | 3d | |
| +16 | Leverage Lateral BB Offer to Speed Up Buyside Processes? | 5 | 13h | |
| +15 | Banking Exits - CS Degree or PE | 2 | 13h |
Career Resources
Comp was pretty low (way below average) at least two years ago..I think they get away because the lifestyle there is much better with almost no weekend work.
Thanks. What does “way below average” mean?
From what I heard Associate 1 making IB Analyst 1 all-in comp
Interested to learn more here as well
Twin sister's @?
I have former juniors who work there.
I believe the pay is equivalent to the hours, meaning actual work is like 40% less than normal banking hours and pay reflects that. At least that’s what they told me. So if an associate 1 at a normal bank works average 80 hours a week and makes 400k, mid cap kid works 48 hour work week and gets paid around 240k.
However, at the small random places, I’ve noticed once you make director level and above, you can make great money.
Associate 1 was indicated $125k to $140k, +20% bonus
Thanks for the data point. That does sound remarkably low.
Bumping for more thoughts.
Pretty much what other commenters said - comp is low, WLB and culture are generally good. Turnover has increased as the company's grown, but a lot of people stay because on balance it's a stable / sustainable place for an upper middle class income with a chill lifestyle. Just a matter of what you prioritize but definitely doesn't check most WSO boxes. Wouldn't say there's a well worn path for exits for juniors - have been all over the place (business school, LMM PE, some upmarket moves in PC, corp dev, family offices) etc.
Thanks for the info everyone. Bumping to see if any others want to share their thoughts.
Quos rem quasi quia inventore eos totam. Officia doloremque beatae aut vitae expedita. Provident quisquam quae sit est ab totam. Quia quasi laborum tempora ad.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...