The pathway
How you actually get there, here
How you become one varies far more by country than what one does. This is the UK route. Most people take one of these ways in; the right one depends on where you're starting from.
- 1
Investment Banking Analyst/Associate
3-5 years in IBSkills to master
- You'll have the financial modelling and valuation chops down. You'll need to adapt to the early-stage, high-risk nature of venture, and learn to build relationships with founders rather than just clients.
You're ready to move on when
- Consistently led deal execution for M&A or capital raises.
- Built complex financial models independently.
- Demonstrated ability to distil large amounts of information into concise presentations.
- Strong interest in technology and startups beyond traditional corporate finance.
- 2
Private Equity Associate
2-4 years in PESkills to master
- You'll be strong on diligence and deal execution. The shift will be from later-stage, cash-flow positive companies to earlier-stage, often pre-revenue, high-growth ventures. You'll need to embrace more ambiguity.
You're ready to move on when
- Managed due diligence processes for multiple transactions.
- Comfortable with detailed financial analysis and legal documentation.
- Experience with portfolio company monitoring and reporting.
- A genuine passion for disruptive technologies and early-stage company building.
- 3
Management Consultant (Senior Consultant/Engagement Manager)
4-6 years in consultingSkills to master
- You'll bring strong structured problem-solving and presentation skills. You'll need to quickly learn financial modelling specifics for venture and develop a deeper understanding of deal mechanics and investment decision-making.
You're ready to move on when
- Led client engagements and managed project teams.
- Developed strategic recommendations for C-level clients.
- Strong analytical and research capabilities.
- Demonstrated interest in the investment side of business, perhaps through pro-bono work or personal investments.