The Blackstone Group Reviews | Glassdoor

The Blackstone Group Reviews

Updated January 4, 2018
126 reviews

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3.9
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The Blackstone Group Chairman, CEO, and Co-Founder Stephen A. Schwarzman
Stephen A. Schwarzman
74 Ratings

126 Employee Reviews

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Pros
  • Very Smart people in the company (in 16 reviews)

  • Extremely intelligent, hard-working colleagues, interesting projects, a lot of collaboration across departments (in 7 reviews)

Cons
  • Don't expect much of a work life balance (in 20 reviews)

  • Long hours, management doesn't care about you, some office politics (in 33 reviews)

More Pros and Cons

  1. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Smart people, good pay, prestigious name

    Cons

    Long hours, management doesn't care about you, some office politics


  2. Helpful (2)

    "Business Analyst"

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

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

    Pros

    - Lots of responsibility early on
    - Creative and hardworking company culture
    - Everyone is brilliant but no one takes themselves too seriously. They're fun colleagues that you want to get a beer with.

    Cons

    - You will be working some very late nights, but mostly you'll know when you'll be in and out of the office.

  3. Helpful (1)

    "High-performing teams, talented colleagues"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst
    Former Employee - Analyst
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at The Blackstone Group full-time (More than a year)

    Pros

    Extremely intelligent, hard-working colleagues, interesting projects, a lot of collaboration across departments. The firm has a well-recognized, very prestigious brand, but it remains small enough to feel familial and for senior people in your group to all know your name, which is great. It's a high pressure environment with long hours, but an ideal place for a fresh college grad to spend a few years learning, and offers an amazing launch pad for a career in finance.

    Cons

    At least one of the partners I spent time with was quite abrasive and volatile to deal with, while the others were fine. He had done some good deals for the firm, so his treatment of people (yelling, getting junior people involved in more senior level politics) was overlooked until after my time there. Could do a better job disciplining people who contribute to a bad work environment, but it wasn't that bad.

    Advice to Management

    Continue to attract the top talent out of the best colleges, and you'll be able to maintain the brand prestige and caliber of the analyst pool. Continue to keep the firm small and familial even as you grow AUM - the culture of having a small # of people accomplish a lot has always been a differentiator.


  4. Helpful (1)

    "Fund Accountant"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at The Blackstone Group full-time

    Pros

    Boot camp culture will get you prepared for any role you want to go to after Blackstone

    Cons

    Every day is a fire drill.


  5. "New Employee - enjoying their experience."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at The Blackstone Group full-time

    Pros

    Smart coworkers with interesting backgrounds.

    Cons

    Work-life balance policies could be better. Hire more women into senior positions.


  6. "VP"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at The Blackstone Group full-time

    Pros

    Very intelligent, hard working colleagues.

    Cons

    Depending on your role can be long hours.


  7. "The best job out of college"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at The Blackstone Group full-time (More than a year)

    Pros

    Some of the smartest people working on Wall Street

    Cons

    Don't expect much of a work life balance

  8. "Investment Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at The Blackstone Group full-time

    Pros

    The best thing about Blackstone was working with some of the smartest people and on challenging deals that pushed you intellectually. Culture is intense but overall great.

    Cons

    Work-life balance is difficult at Blackstone, and the culture varies by team. I was fortunate enough to have a great team but this is not always the case.


  9. Helpful (1)

    "Assistant Vice-President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in New York, NY
    Current Employee - Assistant Vice President in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Good pay, good people, good learning experience

    Cons

    Poor life/work balance; many jobs being moved to India

    Advice to Management

    Be mindful of losing good talent to save a few bucks.


  10. "Excellent company culture!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Global Corporate Services in New York, NY
    Current Employee - Global Corporate Services in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at The Blackstone Group full-time (More than 3 years)

    Pros

    Blackstone's benefits packages and 401k plans are amazing. PTO/maternity/wedding week leave are great. You are surrounded by the best minds in each field and the culture of accountability and excellence runs deeply through all levels.

    Cons

    It can be difficult to move up in some groups. New upper level VP and director positions are added almost every few months

    Advice to Management

    Streamline it, reassess consultant companies


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