BofA Assoc who died had sought to leave, citing long hours
https://www.reuters.com/business/finance/bank-ame…
Milana Vinn delivers.
https://www.reuters.com/business/finance/bank-ame…
Milana Vinn delivers.
+217 | A Guide to HK Investment Banking - 10 Most Frequently Asked Questions (2024) | 65 | 1s | |
+54 | What were traits of your favorite summer analysts? | 25 | 2s | |
+51 | Wharton or Dartmouth/off the waitlist | 56 | 2s | |
+50 | Best associate opp — GS or CVP? | 11 | 1d | |
+47 | Internship 101 | 6 | 1d | |
+43 | GS should remain the top choice for all undergrads interested in finance | 20 | 20h | |
+40 | Should I move back into IBD for salary? | 21 | 9h | |
+40 | Why does everyone shit on Houston/Dallas-What’s so special about NYC(genuinely curious). | 21 | 12h | |
+37 | EB Return Offer Rates | 30 | 2d | |
+35 | MS & GS vs JPM | 23 | 7h |
Career Resources
Good article getting at the truth and bringing BofA hours to light
Bump man that makes me sad
So sad… “I would trade a few hours of sleep for a 10% pay cut”
Very sad. We know that trapped feeling he had, many of us have been there.
A little confused by this - what boutique offers less hours and less pay than a BB? Maybe less hours by his standards? But I always thought pay at boutiques was better, not worse, with the expectation that hours would be potentially worse or more variable, and job security also lower.
-VP at a BB
Probably referring to regional boutique firms ie. Lower middle market investment banking. Not “elite boutique” or the major independent advisory shops
Definitely this
My friend was in RX at an EB in nyc, I don’t want to say the name cause it might be a dead giveaway but it’s a lower tier 1/ upper tier 2 since teams are lean but he told me he only pulled more than 70 hrs a week twice a year. His average was more like 65 hrs a week. It’s also common for people to internally switch to ECM for less hours if ib is too much for them.
Dude spill wtf
f
This begs the question… are there really groups out there working ~60 hours per week?
BofA really sucks if so… paying 1/2 bonuses compared to other banks and still somehow grinding juniors 80+ hours/week on ridiculous pitches and MDs who bring in no deals
Great article, well written. Thanks Douglas for speaking out.
Aliquam ullam voluptatem modi omnis. Dolorem velit est sit omnis autem. Vitae nobis quos aut recusandae inventore. Sit ad nobis fugiat. Repellat quidem perferendis soluta consectetur a repellendus consequatur.
Molestiae voluptas pariatur labore facilis deserunt. Odit incidunt repellendus rerum rerum quisquam consectetur sed. At occaecati pariatur aut sed minus. Ut cumque voluptas voluptates provident sapiente doloremque numquam quia. Aut consequatur rerum odio qui culpa voluptates assumenda.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...