Time spent traveling for a full time startup position is 35%, which is above the average 26% that other MBA graduates experience. MBA graduates in venture capital can expect to work an average of 45 hours per week, which is 10 hours less than the average for all other full time MBA positions. As an MBA graduate progresses to higher positions within the VC fund, “carried interest” tied to fund performance may also be awarded. However, an average performance bonus of $35,000 ranks in the 80th percentile, and helps bump total starting compensation to $174,580 (63rd percentile). Average signing bonuses, miscellaneous compensation, and stock compensation are subpar – all check in below the 50th percentile mark. The average salary for an MBA graduate in venture capital is $126,000 (83rd percentile). Opportunities in venture capital can be few and far between, and less than 1% of MBA graduates move to a full time position in the industry. A senior associate at a VC firm cites their reasons for transitioning into the industry from investment banking as: having access to innovative thinkers, implementing a vision, asking critical questions, and helping entrepreneurs mitigate risks. While private equity or investment banking works with established and large firms, venture capital allows you to get involved in the earlier stages of a company. An analysis our 250,000+ data points offers a peek into the fast-paced world of venture capital. Have you considered private equity or investment banking, but worry it won’t “scratch your entrepreneurial itch”? If you aren’t ready to start your own company just yet, working in venture capital may be the perfect way to combine your interests.
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