The Blackstone Group Reviews | Glassdoor

The Blackstone Group Reviews

Updated May 9, 2017
49 reviews

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5.0
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The Blackstone Group Chairman, CEO, and Co-Founder Stephen A. Schwarzman
Stephen A. Schwarzman
26 Ratings

49 Employee Reviews

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Pros
  • Very Smart people in the company (in 13 reviews)

  • Very demanding work enviorment where you learn a lot but cearfully supervised by associates/principals (in 4 reviews)

Cons
  • Long Hours, Tough Work Life Balance, Limited Vacation (in 15 reviews)

  • Tough work life balance with very long hours (in 30 reviews)

More Pros and Cons

  1. "Solid Firm"

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

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

    Pros

    Very solid team, caliber, dealflow, reputation, compensation

    Cons

    Can have long hours, can be hard-driving culture during workflow intensive periods


  2. "the best"

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

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

    Pros

    these are good people who care about their work and the people that work with them

    Cons

    none that come to mind


  3. "A great company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Equity Research Analyst in Boston, MA
    Former Employee - Equity Research Analyst in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at The Blackstone Group full-time (More than 5 years)

    Pros

    Rapid advancement; prestige; resources; salary. Decent hours.

    Cons

    Job not that stable;


  4. "Amazing Place to Start a Career"

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

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

    Pros

    Overall, this is an amazing place to start a career out of college - large amounts of responsibility given to junior employees, interesting work, opens up a network of many other job opportunities.

    Cons

    The different business units are somewhat silo'd. However, management was making efforts to increase the connectivity between different groups, which has been successful.

    Advice to Management

    Blackstone still feels like a very entrepreneurial place to work (despite its growing size). Not many suggestions - continue to hire smart employees and be supportive with career development.


  5. Helpful (2)

    "Summer Analyst"

    Star Star Star Star Star
    • 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
    Recommends
    Positive Outlook

    I worked at The Blackstone Group (Less than a year)

    Pros

    Great exposure, fast-paced learning environment, culture of highly intelligent people who demand the best of themselves and those around them

    Cons

    Somewhat arrogant, overblown company culture - people love to use the phrase "best and the brightest" to describe themselves.

    Advice to Management

    I'll give the advice that you gave to me: never be complacent


  6. "Learned and lots of social opportunites"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern in Boston, MA
    Former Intern - Anonymous Intern in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at The Blackstone Group as an intern (Less than a year)

    Pros

    Pretty good 7 months coop with Blackstone

    Cons

    Provide the chance to rotate if internship length is over 3 months.

    Advice to Management

    Nothing to provide


  7. Helpful (1)

    "Real Estate Financial Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Real Estate Financial Associate in New York, NY
    Current Employee - Real Estate Financial Associate in New York, NY
    Recommends
    Positive Outlook

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

    Pros

    Outstanding place to meet some of the best and brightest people in the industry.

    Cons

    Politics play here and hours are long


  8. "Private Equity Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Private Equity Analyst in Atlanta, GA
    Former Employee - Private Equity Analyst in Atlanta, GA
    Recommends
    Positive Outlook

    Pros

    Great experience if you get the boring work out of the way. Opportunity to do really cool stuff only graduated analysts do. If you do well the managing partner will vouch for you in future internship/job hunts.

    Cons

    None that I can think of


  9. Helpful (1)

    "Financial Analyst"

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

    Pros

    Great culture, really entrepreneurial. People are really nice and extremely helpful. Really flat structure. I work with VP directly and he always answer my questions patiently

    Cons

    For me, I didn't get into Blackstone from the traditional path, so I don't have any peers. Everybody in the team is pretty senior. Since there is no analyst program at my team, I didn't go through any official training

    Advice to Management

    Give feedback to junior people


  10. Helpful (2)

    "Analyst"

    Star Star Star Star Star
    • 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
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at The Blackstone Group full-time

    Pros

    Exceptional senior leadership team that fosters entrepreneurial culture and meritocracy. While the hours can be fairly long, work-life balance as well as vacation are encouraged from the top down.

    Cons

    As the organization has grown, certain processes have fallen behind and need improvement. There could be better coordination and collaboration across business verticals.

    Advice to Management

    Continue to promote entrepreneurial and "big" thinking throughout the organization, and particularly within the younger generation of employees.


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