If you ONLY worked on live deals, with no pitching, how many hours per week would you work?
I was having this discussion with someone this evening and thought it was interesting. Hypothetical question: if, as an investment banking analyst in your current role, you had absolutely zero pitch responsibilities and only worked on active engagements, how many hours do you estimate you would work per week?
I estimated that this would be around 50 hours a week at least but someone else insisted it would be less than 40. Obviously it depends on the number and complexity of deals you are staffed on.
Depends entirely on management. With a bad VP or MD, I've had live deals that take up 85 hours a week on their own. A great VP/MD combo who know what they want can get a pitch finished and polished in under 80 hours total across the whole team.
Also is this one live deal or many? You rarely have bandwidth so in this scenario all the time you would spend pitching you will just spend on live deals. Live deals are more demanding than pitches so it would be worse.
You and your friend have clearly never worked on a live deal.
I haven’t worked on a pitch in two months and am at 90 hours a week on average.
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