Wall Street Oasis logo


  • Recent
    • All Recent Content
    • Top WSO Bloggers
    • WSO Chat Room
    • Hot Topics - Week
    • Hot Topics - Month
    • Hot Topics - Year
    • Hot Topics - All Time
    • Top Comments - All Time
  • FAQs
    • Best Interviews
    • Common Questions
    • Industry Specific
    • WSO 101
    • Education
    • Recruiting
    • Life in Finance
    • WSO Company Database
    • WSO Finance Dictionary
  • Forums
    • Post Forum Topic
    • Best Interviews
    • Best Comments
    • WSO Chat Room
    • Job Search Advice
    • Investment Banking
    • Private Equity
    • Venture Capital
    • Trading
    • Consulting
    • Hedge Funds
    • Corporate Finance
    • Real Estate Finance
    • Equity Research
    • Asset Management
    • WSO Success Stories
    • Other Careers
    • Business School
    • Resume Forum
    • Wall St. Fashion
    • New User Intros
    • Monkey Around
    • WSO Products
    • Site Suggestions
  • Groups
    • Browse Groups
    • Create Group
    • My Groups
    • Non Target Networking
    • Energy Trading
    • State your salary
    • Read the Footnotes
    • Proprietary Traders
    • WSO Investment Forum
    • CFA
    • The Restructuring Group
    • Economics
    • RE Finance/Investments
  • About
    • About WSO
    • Press
    • Contact Us
    • RSS Sitemap
    • Advertise on WSO
    • WSO Discounts
    • WSO Store
  • Login
  • Sign Up!
  • Hot Topics
  • My Profile
  • Company Research
  • Modeling
  • Resume Review
  • Events
  • Interview Guides
  • Job Board
  • Intern Positions

6 Free Financial Modeling Lessons...and More.

Enter your e-mail below to get our new Free Modeling Tutorials ($200+ Value).

What are the perks of working in finance?

There are a number of perks that come with a job in finance. They do, however, vary greatly from industry to industry and firm to firm. The list below is by no means comprehensive, but to give you a better idea of what the perks are for a couple of the industries.

Investment Banking Analyst

  • Free car service home after a certain hour
  • Free dinner and/or other meals if you're in the office for a certain amount of time or past a certain hour
  • Discounts on financial services (checking accounts, savings accounts, credit cards, etc) in addition to the standard services (401k contributions, health coverage, etc)
  • On-site gym, childcare, or cafeteria

Management Consultant

  • Large amounts of frequent flyer miles, eventually enough to earn special designations by airlines, depending on the firm
  • Large numbers of rewards points, depending on the firm
  • 401k contributions, health coverage, and other standard services

This is just to give you a general idea of what the perks of your job may include. For industries that don't work as long of hours or travel as much, the perks may be less, but there will undoubtedly still be some little things the firms do to make your lives easier. Also, keep in mind that at a small or newer financial services firm or consultancy, the perks may not be nearly as good as they may not be able to afford them. For a better idea of what firms offer, see the Relevant Discussions on Wall Street Oasis below.

Relevant Discussions on Wall Street Oasis:

  • Perks of Working in Financial Services
  • Jobs w/Best Perks
  • Perks Differ From Bank to Bank?
  • Additional Resources:

  • Compensation & Perks: How much will I make if I pursue a career in finance?
  • Compensation & Perks: Check out our Compensation Database for 2008, 2009, and 2010
  • Search WSO for: "perks"
  • Relevant WSO Guides: A Look Behind the Wall - An Overview of Six Wall Street Career Paths
  • Relevant WSO Services: Wall Street Mentors' Career Coaching and Mock Interviews
  • Return to Main FAQ Page

    See my other WSO blog posts>
    •  
    Tags:
    • Lifestyle & Exit Ops
    • perks
    • Investment Banking
    • finance
    • Expenses

    Don't Miss This Awesome Related WSO Content

    • Return to Main FAQ Page There are a number of perks that come with a job in finance. They do, however, vary greatly from industry to industry and firm to firm. The list below is by no means comprehensive, but to give you a better idea of what the perks are for a couple of the industries....
      FAQ: What are the perks of working in finance?
    • Investment bankers are, essentially, middlemen. Bankers connect the sellers of a company with a buyer and advise them through the deal process. Your responsibilities as a junior member of the deal team will mainly revolve around creating pitch books and financial models. You will occasionally...
      What is a day in the life of a Wall Street Banker like?
    • I am currently a high school senior, and I will be, hopefully, accepted into UMich, Emory, and NYU. I'm pretty confident that I will be. My majors will be French and Finance. I love the idea of working in IB, PE, HFs, or corporate finance; however, everyone tells me that the lifestyle is...
      The Finance/Corporate life. Please respond!!
    • Hello, I want to know; how does the spread get decided, just curious about it; for example the spread in glencore/xstrata deal ($36 billion merger) for is 140 million pounds; basically, what are the expenses associated with the banks; -one of the shareholders of Xstrata (qatar investment...
      How is the spread decided in ibanks - eg glencore-xstrata/ facebook ipo and what are associated expenses?
    • Hi All, This morning, Mergers & Inquisitions published Part II of their two-hour interview with me. It is entitled "Equity Research: A Day in the Life, Pay, and Exit Opportunities – Got Hedge Funds?" You can see it here: A Day in the LIfe Many of you have questions about what...
      M&I Article: Equity Research -- A Day in the Life, Pay, & Exit Opps
    • I've been active on this site for a few months now. It is clear that the demographic range is large in a myriad of senses. Ever so often there is a college freshman or the occasional high school student posting questions about recruiting, interviews, targets, etc. I always found those posts...
      At what point in your life did you get interested in finance?
    • Here we have a young man who is greatly enjoying his time working for an investment bank. He's got a Porsche, goes to hot clubs, hangs with some (kinda, I guess) hot models, and doesn't mind blowing a bunch of cash. Is there a problem with that? Not at all. Should someone broadcast...
      What shouldn’t I do in my life of finance? What about models and bottles?
    • Hi monkeys, So the WSO mag idea had some holes in it that didn't make it a viable idea. I still think that it would be resourceful for prospective applicants to have a downloadable collection of summer internship diaries/day in the lifes that won't clog up the boards. If anyone is...
      Summer Internship Diaries & Day/Week in the Life

    Forum Topics

    • New
    • Active
    • Rank
    • Comments
    • I'm a rising sophomore looking to revise and update my resume for this coming fall and spring. Now that I'm no longer a freshman I'll ge betting rid of all of my high school stuff, except maybe one internship that I wasn't sure about. I was 17 and still a HS student when I...
      High School Stuff on Your Resume?
    • Hey...
      Debate of the Legends: "Anatomy of a Corporate Takeover"
    • Been a trader for 7 years in prop, the game is pretty much over. Commissions have went up, fees are up, strategies are dying out. Where can one go that will provide a base+commission on the institutional side in trading (futures, fixed income, etc)?...
      Where to go after prop trading
    • F'd up in highschool, humble beginnings all that crap, didnt go to a university though I went to a school (BCIT) that is known for a rigorous curriculum with 8 classes per semester. No classes transfer over because universities where I am located take the classes I took as "not academic...
      Guidance, please for the love of......
    • ...
      -
    • I am starting a undergrad internship with BNY Mellon Asset Servicing. I am guessing I will be doing valuations on company performance, stocks, mutual funds, processing transactions in excel. Since this is my first IB job what do I actually do, and how many hours will I...
      What does a Asset Servicing Intern do and what are the hours?
    • This is the reaction any analyst who has ever worked in banking has when you say you want to leave banking for business school then come back as a post b school associate... <img src="http://epicpinterestfail.com/wp-content/uploads/2012/11/how-i-met-your-mother-barney-why.gif"...
      Why You DON'T Leave Banking for B School Just to Come Right Back...
    • I started off at UC Berkeley as a Math major but I did terribly and I didn't enjoy any of my classes. Now at the end of my sophomore year, I have a GPA of 2.8. I realized I was doing my major for the wrong reasons, and I am changing my major to Economics. I have done well in the economics...
      Had a bad GPA but now changing major
    • Hi guys, I've been checking out WSO for a while now and currently deciding at which universities I would like to pursue a masters in finance for 2014. Currently, I'm an undergrad at a non-target in the Netherlands (not that there are any target schools in NL). Now, most US...
      Masters in Finance, realistic chances of getting in
    • This is a NYT piece on the hunt for buy-side jobs now going on, as reported in http://dealbook.nytimes.com/2013/05/23/a-rush-to-recruit-young-analysts-only-months-on-the-job/?smid=pl-share. [quote]“Every year recruiters get hold of full lists of analysts in the top groups at the top banks,”...
      The stomping killing grounds for a buy-side job
    • Anyone able to tell me something about secondary loan trading, exit ops, etc? I may have an opportunity for an internship in this and I'm wondering whether it is worth pursuing. Long term goal is working at a Hedge fund...
      Secondary loan trading? Secondaries
    • Similar to the Anatomy of a 10-K thread I was hoping someone could walk us through how they dissect CA and indentures and explain what parts are most important and/or relevant when looking to...
      Anatomy of a Credit Agreement and a Bond Indenture?
    • Macquarie, after cutting bonuses for many of the analysts has now cut Seamless allowance. Crossed the line, guys. “Macquarie is making further cuts to analysts. Weekend Seamless is now $25/day, cut from $40. All analysts are trying to leave. Morale is extremely...
      Bonus cuts are one thing, but now Seamless cuts?
    • Was curious if anyone has any idea what National Sales group does at BB PWM. Obviously it involves sales, but how do BB National sales groups stand out from different more regional teams within the BB PWM groups. Anyone have any experience with these types of...
      Group placement
    more

    Upcoming Events

    • New York School of Finance: Summer Session 2013
      Jun 3 2013 - 9:00am - 11:00am
    • Financial and Valuation Modeling Seminar (Washington DC)
      Jun 6 2013 - 9:00am - Jun 8 2013 - 5:30pm
    • WSO NYC Happy Hour: Fri. 6/7, 7pm
      Jun 7 2013 - 7:00pm - Jun 8 2013 - 2:00am
    • Advanced Excel for Finance Professionals Webcast
      Jun 11 2013 - 6:00pm - 9:00pm
    • Financial & Valuation Modeling for the Oil & Gas Industry (New York)
      Jun 13 2013 - 8:00am - Jun 15 2013 - 5:00pm
    more

    Highest Ranked Content

    • Week
    • Month
    • Year
    • All Time
    • Comments
    I was writing an email to a fellow monkey who is about to start as a banking analyst in the summer. It's been a little over 5 yrs now since I was a wee young first-year analyst in restructuring for one of the Moelis/Houlihan/Evercore type firms (I call them the firms where most people will...
    15 things I wish I knew as a first year banking analyst
    This is the reaction any analyst who has ever worked in banking has when you say you want to leave banking for business school then come back as a post b school associate... <img src="http://epicpinterestfail.com/wp-content/uploads/2012/11/how-i-met-your-mother-barney-why.gif"...
    Why You DON'T Leave Banking for B School Just to Come Right Back...
    I get a ton of emails and answer a ton of posts asking similar questions so I thought I would answer the most common ones I get here and allow others to post their questions so everyone can see them and the subsequent answers. Hope this helps. <strong>Summer Analyst...
    MSF Question and Answer
    Inspired by comments from this: http://www.wallstreetoasis.com/forums/basic-guide-ramping-up-on-a-company-with-public-information-part-1-of-3 Lets just jump in. <strong>Technology:</strong> In this space there are really two metrics that matter the most, sales growth and EPS...
    Beginners Guide to Valuation and Metrics By Sector
    I work as a currency volatility trader and manage one of the bigger G10 blocs in London. I've been lucky enough to get responsibility early in my career. I started off managing a single currency book a few months into the job, and have steadily been granted more responsibility to where I am...
    Ask Me Anything: I'm a Currency Volatility Trader
    I'm currently a Private Equity Analyst in Shanghai, China. Academically, I graduated from a target school majoring in Economics and Chinese. I also spent my time at college as the president of an on-campus student organization related to Finance and Economics and a volunteer for a local...
    Ask me anything… I'm a Private Equity Analyst in Shanghai
    <em>Mod note: Best of Bankerella - this was originally posted 10/1/12</em> I occasionally get PMed by people at colleges I’ve never heard of before, asking if they have a shot at IBD. Folks, why IBD? The finance world is broad and varied, and there are a million ways to...
    My Biggest Career Mistake to Date: Prestige
    For better or for worse, there’s a very unique feeling when everything goes completely according to plan yet nobody seems to care or notice. Such is the case with our favorite company of the moment, Tesla Motors. For those unaware, TSLA has rocketed upwards since its Q1 earnings release,...
    A Perfect Storm
    I work as a long/short equity analyst at a large hedge fund. I've been lucky enough to be more than just a model monkey early on in my career, but have also been exposed to the stress of being measured on returns. I primarily cover consumer and TMT names. I went the typical path (target...
    I'm a Hedge Fund Analyst - Ask Me Anything
    Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a...
    WSO is Looking for Campus Reps For Summer/Fall 2013 (and beyond)
    more

    Recent Jobs

    • Family Office looking for Summer Intern (with option to continue part-time in fall semester)
    • Portfolio Manager - Immediate Mandate
    • Quantitative Portfolio Manager-Immediate Mandate
    • Immediate Hire - Quant Trader
    • WSO Test Job - Do not apply
    more



    Sell Tickets Online through Eventbrite

    Poll

    Why would you NOT go to the 2013 WSO Conference? :
    View the current poll results.

    Silver Banana Rankings

    • Silver Banana Leaders
    • Soiled Monkeys
    UserSilver Bananas
    Edmundo Braverman1125
    TNA1106
    CompBanker873
    happypantsmcgee742
    IlliniProgrammer726
    UFOinsider635
    TheKing622
    BlackHat566
    rufiolove424
    Nouveau Richie420
    more

    Top WSO Members

    • Total Bananas
    • Active Monkeys
    UserBanana Points
    Edmundo Braverman14409
    TNA13543
    WallStreetOasis.com12074
    UFOinsider10349
    happypantsmcgee9621
    IlliniProgrammer9244
    CompBanker8508
    Siberian Husky5862
    AndyLouis5831
    monty095405
    more

    New Groups

    • McCombs Monkeys (University of Texas at Austin)
    • Denver Professionals
    • Minneapolis Bankers
    • Non-Target Networking in NYC
    • Prep School Bankers
    • Commercial Real Estate
    • University of London
    • University of Cambridge
    • Atlanta Monkeys
    • German Monkeys
    more

    © 2006-2012 WallStreetOasis.com | All Rights ReservedAdvertise | About Us | Contact Us | FAQs | Site Map | Privacy Policy

    As Seen In

    Sister Site