Ferguson guided Peterborough to successive promotions in the last two seasons. Posh finished second in Coca-Cola League Two in Ferguson's first year as a full-time manager, before repeating the feat in League One last season to earn promotion to the Championship.
For the time being it seems the Midas touch is something that runs in the Ferguson family, and Allardyce for one is convinced that a great deal of wisdom has been passed on from father to son.
"It has been absolutely wonderful, he (Darren Ferguson) hasn't experienced failure yet at all," Allardyce said ahead of the Carling Cup tie between the teams.
"For a young man dropping into his first job, it can often be a tough time in terms of making a team with fewer finances, and sometimes your inexperience can cause you a problem. But it hasn't for him and he has obviously inherited a lot of the top qualities of his dad.
"Two promotions back to back is a huge achievement for any manager in any division - very few will have their name in the record books with that. Being such a young manager when he has done it, in his first full-time job, is brilliant."