The Blackstone Group Reviews

Updated June 30, 2015
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3.7
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Recommend to a friend
Approve of CEO
The Blackstone Group Chairman, CEO, and Co-Founder Stephen A. Schwarzman
Stephen A. Schwarzman
33 Ratings

Pros
  • Smart people awesome resources, great team work (in 6 reviews)

  • Great career advancement opportunities both internally and externally (in 3 reviews)

Cons
  • work life balance is poor, long hours long travel (in 12 reviews)

  • Poor work life balance and difficult to advance higher as most hires are lateral from outside the firm (in 5 reviews)

More Pros and Cons

52 Employee Reviews

Sort: Popular Rating Date
  1. Project Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in Alpharetta, GA
    Former Employee - Project Manager in Alpharetta, GA

    I worked at The Blackstone Group (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great place to work. The best.

    Cons

    Not a lot of room for growth unless you attend an ivy league school.


  2. Manager, Financial Analysis

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at The Blackstone Group full-time

    Positive Outlook
    Approves of CEO
    Positive Outlook
    Approves of CEO

    Pros

    Very smart, hard-working people, collaborative atmosphere, decent hours compared to deal-side teams.

    Cons

    A fraction of the pay that deal-side teams make, not as interesting work as deal-side.


  3. Summer Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Summer Analyst in New York, NY
    Former Employee - Summer Analyst in New York, NY

    I worked at The Blackstone Group

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    - Some of the brightest minds in the industry
    - Great salary/benefits
    - The group I worked with was fantastic, incredible people
    - Strong corporate culture
    - Immense brand value
    - Great name

    Cons

    - Though my group kept a great work-life balance, most other groups didn't follow that. Summer Analysts/Analysts/Associates -- all worked insane hours (15-16 hours/day)
    - The culture is very type A, a lot of people would find it too fast-paced and intimidating
    - In core groups like PE, Real Estate -- Harvard and Princeton grads got respect and everyone else were thought of as "others" (But that doesn't mean they can't make it to the top, they can at Blackstone)

    Advice to Management

    You're doing a great job and take a lot of time to make young hires feel welcomed, keep it up. One of the finest senior management team!


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  5. blackstone

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at The Blackstone Group

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    smart colleagues
    work is interesting most of the time

    Cons

    hours are long
    hierarchy - long path for career advancement

    Advice to Management

    senior and junior level people are great, but midlevel people are subpar


  6. Assistant

    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at The Blackstone Group full-time (More than 5 years)

    Pros

    Flexibility exists depending on who you support-- quality of life is definitely possible. Benefits are pretty good.

    Cons

    Difficult for assistants to move up the rank, away from the "support" role; need to hire from within more.


  7. Fund Accounting

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at The Blackstone Group

    Pros

    Great Name, Nice People, Good Bonuses

    Cons

    Huge Company to get lost in


  8. Amazing

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst, Private Equity in New York, NY
    Current Employee - Analyst, Private Equity in New York, NY

    I have been working at The Blackstone Group full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good pay, relatively fair hours, good exit opportunities

    Cons

    Too competitive, always constantly under a lot of pressure

    Advice to Management

    This is a great company, keep doing what you are doing


  9. Great overall experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at The Blackstone Group

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Access to high level employees.

    Cons

    Long hours and demanding work.

    Advice to Management

    None


  10. Helpful (3)

    Great place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at The Blackstone Group

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Absolutely top of the line name brand

    Cons

    Can be a hectic work life


  11. Helpful (3)

    Back office

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY

    I have been working at The Blackstone Group full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    down to earth people here
    Competitive salary

    Cons

    hard to move up
    Office politics
    No proper training

    Advice to Management

    need to foster growth with developmental programs



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