Students - Blackstone (2024)

FAQs

How much do Blackstone interns get paid? ›

Average Blackstone Consulting, Inc Intern hourly pay in the United States is approximately $23.20, which is 21% above the national average.

This translates to a selection rate of less than 0.3% and means that getting an entry-level job at Blackstone is 12 times as tough as getting accepted to Harvard, Schwarzman noted. “I doubt I would be able to be hired today; not sure that's a great thing,” he said during the call.

Blackstone considers candidates from schools across the globe. Candidates eligible for full-time opportunities are completing their final year of college or graduate school.

BlackRock focuses extensively on passive investment vehicles such as ETFs and index funds which cater to a wide range of asset classes. BlackStone excels in the private equity sector, emphasizing acquisitions and direct management to boost asset values.

As of Jul 9, 2024, the average annual pay for a Blackstone in the United States is $241,295 a year. Just in case you need a simple salary calculator, that works out to be approximately $116.01 an hour. This is the equivalent of $4,640/week or $20,107/month.

As the highest paying consulting internship out of the Big Four (Deloitte, PwC, KPMG, and EY), the KPMG internship offers masters students a significant $17,000 to learn the ropes. Not far behind, PwC pays its interns up to $41 per hour ($34 per hour for sophom*ores), while also offering a signing bonus of $3000.

Requirements: You must be attending Hight School or an accredited university as a full-time student, or have graduated from an accredited university within the past six months. You must maintain a minimum 2.5 GPA.

1. Blackstone. Blackstone is renowned as the world's largest alternative asset manager, boasting over $1 trillion in assets under management (AUM). Serving both institutional and individual investors, Blackstone excels in building strong businesses that deliver lasting value.

With 29,000 applying this year, only 125 got in. That means an acceptance rate of 0.7% has dropped to about 0.4%.

In addition to Blackstone's poor track record as a landlord in Southern California, the private equity firm is currently embroiled in labor disputes with workers of two Los Angeles hotels. Blackstone has failed to sign contracts with striking workers at the Aloft El Segundo and the Fairfield El Segundo.

What is the average tenure at Blackstone? ›

Indeed, most of the firm's 11 management committee members are homegrown talents, with an average tenure with Blackstone of 18 years.

Seven months later, it seems Blackstone's hiring might encompass people at BoA, Citi, Morgan Stanley, Deutsche Bank and maybe even Commerzbank too.

Fintel reports that Vanguard Group has filed a 13G/A form with the SEC disclosing ownership of 46.99MM shares of Blackstone Group L.P. (The) (BX). This represents 6.7% of the company.

Fink wanted to share equity with new hires, to lure talent from banks, unlike Schwarzman, who did not want to further lower Blackstone's stake. They agreed to part ways, and Schwarzman sold BlackRock, a decision he later called a "heroic mistake."

Stephen A. Schwarzman (1985–)

Blackstone Inc. / CEO

Intern employees have rated The Blackstone Group with 4.5 out of 5 stars, based on 24 company reviews on Glassdoor. This indicates that most Intern professionals have an excellent working experience there.

Average BlackRock Intern hourly pay in the United States is approximately $40.27, which is 110% above the national average. Salary information comes from 7 data points collected directly from employees, users, and past and present job advertisem*nts on Indeed in the past 36 months.

Average Blackstone Products hourly pay ranges from approximately $12.88 per hour for Janitor to $22.00 per hour for Shift Manager. The average Blackstone Products salary ranges from approximately $50,000 per year for Industrial Designer to $120,000 per year for Content Manager.