Should I switch???
deeel
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I'm a first year and hours were a big concern for me. My advice, do banking. If you REALLY cannot handle it, leave. But, if you quit before even starting, you will always regret it and second guess yourself.
Yes, working 70 - 80+ hours a week can be rough, but you get used to it. Staying in the office until 10pm - midnight becomes routine. You learn to balance your time and make the most of your free time. People are also way too quick to say "yeah I average 90-100 hours a week." That is most likely not going to be the case all the time. People in this industry like to "brag," for lack of a better word, about how long they work. The reality is that you will work a lot, but it ebbs and flows. Some weeks will be horrendous, some will be tolerable. If you've got good work to do (read: transaction work), you'll be alright. I also cannot stress enough how important it is to communicate with your staffer(s) and people more senior to you to make sure you don't take on too much so that your work product suffers.
I personally hit a wall at about the 6 month mark, and I'm finding myself getting over it. It's about keeping things in perspective. Yes, parts of the job suck, big time, but the benefits of a solid analyst stint on your resume makes up for a whole lot of the pain.
Not to mention, the salary and bonus (well, hopefully the bonus, haha) allow you to live a halfway decent lifestyle for someone right out of school.
im curious as to how interviewing with a firm would be interpreted if you already had accepted an offer? not only bc youre not sure if the lifestyle is for you, but also if youre simply not sure if your bank will still be around/honor its offer by July? have any of you been in that situation? how does the new firm handle itself? how do you handle a (potential) offer?
del
well....i think its different now though. if a bank goes under or just pulls an offer, no one will call you to apologize and ask if you're feeling ok today. it will be a cold business decision. not looking out for your best interest in an environment like today is foolish, at best.
its definitely unprofessional, if you do it, dont admit to it. no matter the job market/economy, it would reflect poorly on ur character.
can you see?
do u really think anyone's going to ask so directly? they might ask where u r in the process and if u have any offers exploding soon (mostly for their information so they know how fast they have to make an offer if they choose to do so). just claim u havent accepted the offer, and dont give the firm's name. say IB analyst NYC and be vague.
del
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