Best Response

Not sure MBA part matters (although I went that route) other than first year hour may be slightly longer than direct promotes while you figure it out. For me typical days ere 1st Year: 9am - 11pm, work every other Saturday at least half a day (no Saturday policy), work 8-10 hours Sunday. 2nd Year: 9:30am to 10am to 10pm, no Saturdays, 12 to 8 on Sunday (we implemented a Saturday policy) 3rd Year: 10am to 9pm, work 3 Sundays a month, no Saturdays.

Caveat is that as I've progressed, I've traveled more and those days can be long (get up at 4am to go a 10 am meeting and fly back and catchup on other work). I'd also say on live deals (particularly with Asia) those hours can be thrown out the window.

Real prize is VP when hours are in the 9 to 6 range, maybe work from home a few hours and seldom weekends.

 

yikes you work pretty late for a third year associate.

Third year associate at BB here but am an analyst promote and no MBA. I probably average 9:30am to about 7pm during weekdays, and remote in on weekends if needed instead of coming in. These are strictly in office hours, and excludes time spent on blackberry calls with client or seniors after work, checking and commenting on slides on phone, remoting in here and there as well as time spent in airports. And when a deal goes live then it can go back to 90 hour work weeks.

 

i call bs on these responses. i don't think associate hours vary that much.

year 1 - learning the job year 2 - better at the job / finding your vertical and specialty year 3 - vp promote year, i don't see anyone working 9-7 - i don't think promote to vp is guaranteed by anymeans, and if you have a large class, then there's going to be competition. not that hours are the end all be all, but doing more (ie quantity) is something that can be measured and compared

 

Aut saepe et et et iste eveniet. Rem sunt quam impedit deserunt eos repellat. Sint sit aut aspernatur minus non voluptas aut assumenda.

Recusandae odit soluta iusto iure blanditiis totam non. Saepe consequuntur aperiam molestiae. Cum animi sit odio quod quasi iusto. Ad aut est quaerat debitis. Saepe libero nostrum nisi corrupti. Vitae qui natus debitis molestiae.

Et quo soluta consequatur impedit voluptates cum. Necessitatibus animi labore voluptatibus et. Unde ea animi doloribus cum exercitationem et. Rerum voluptates esse hic animi quia possimus error cum.

Be excellent to each other, and party on, dudes.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”