Do SAs in IBD get free dinner like full time analysts?
assuming for a very large established investment bank where full timers get 25-30 for dinner
assuming for a very large established investment bank where full timers get 25-30 for dinner
Career Resources
Yes
You get the same allocation, however sometimes the FT analysts will "tax" your allowance.
meaning theyll use up their allowance and use part of yours as well?
^Yes they will. More often though the analysts just pool their allowances together and we get sushi by the boatload or something
We usually do order stuff as a group, but everyone is trying not to be "that guy". Usually what happens is this helps the firm save money- and (I'm guessing) gives our boss a few extra K to allocate at year-end, since it's money that's not getting applied against his P&L.
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