When I was in IB in-person I usually had at least Saturday off. However, with WFH I rarely had any free time and almost all of it was used to catch up on sleep. However, I now spend my newly found free time with my fiancé (we love going out and trying new foods, exploring zoos, and literature), family and working on some side projects (fiancé has a youtube channel, I publish books and research). I don’t consider exercise a use of free time because it’s something you should do if you have the time, and I’m not a competitve bodybuilder or anything so it’s not like I have to dedicate 40+ hours a week to inhaling chicken breast or anything so it generally doesn’t get in the way of any other aspects of my life in terms of the time commitment.

 
Most Helpful

IB analysts love to stretch their hours and make it seem like they work so hard and their life is so hard.

As an actual IB analyst, the job has waves, yes there are weeks where you will be up till 1-3am everyday and work weekends, but that’s not the norm. There also are weeks where you might end work at like 7pm or 5pm, or where you will get actually 0 accomplished during the day.

I would say good rule of thumb would be expecting Monday-Thursday to work 9am-11:30pm. For Fridays, banks are starting to try to make an effort to allow analysts to have Friday’s off, so expect a majority of Friday’s to be done by 6:30pm, knowing that you likely will work a few Friday’s. Saturday is the same where I think most places, a majority of saturdays you won’t work, but you will work maybe every 4th Saturday averaged out (even at places with protected saturdays). Sunday’s are like a school night, where you more likely than not will be able to do some 2 hour errand, but the rest of the day you will work. 

To answer the hobby question, really your free time is Friday’s 6:30pm-1am, all Saturday, and 2 hours Sunday, in addition to random days where you might unexpectedly work less than normal. This is pretty limiting and makes creating any sort of regular group based hobby very difficult/ Rec sport leagues, game nights, trivia, etc. is all pretty impossible I think with this job. You just don’t have enough control of your schedule/ life to commit to anything. I personally choose to lift weights, run, and get drinks with friends when I can, I can’t do any as much as I’d like, but it helps deal with the job.

 

I start in September. I just wanted to know if I should leave my girlfriend now 😂

 

When I was in the Santa Monica office, would hit some early morning surf, lay out at the beach, or do some beach runs/bike rides. Miss that spot and out here in the MidWest now.

Hoping to have some beach time here in Chicago this summer, and also finally had my clubs shipped here so need to get some range time. Otherwise was able to get my hands on a PS5, so been getting through my backlog game library, spending time at the dog park with the pup, and cooking. 

 

How early would you surf? I’ve wanted to learn but not made the time for it

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 

Malta

How early would you surf? I've wanted to learn but not made the time for it

Going at sunrise is legit. It’s glassy at dawn sometimes.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Reiterating what Isaiah_53_5 said, up before sunrise and in the water as the sun crests the horizon is such a peaceful thing to start the day with. Some of the best waves too. Not hard to fall in love with surfing once you try it out, plus you can easily pick up a used board, wetsuit on sale, and head out on the weekends if weekdays are too busy.

 

Banging cougars in Long Island. 

*ON Long Island

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 
Funniest

Unde inventore harum nihil fugit. Ut deleniti in voluptatum molestias ut reiciendis quam.

Quia cumque sed voluptate ut officiis quia. Nisi et molestiae pariatur sed commodi expedita modi. Perspiciatis suscipit fugit quae adipisci odio nihil praesentium. Dolor dignissimos neque iure dicta. Voluptatem itaque laboriosam laborum aut minima aspernatur vel. Magnam praesentium qui nesciunt asperiores dolores voluptatem autem.

 

Consequatur sequi animi et dolorum harum. Nisi ipsa est nemo officiis. Labore nemo aut atque vel consectetur ab aut libero. Consequatur in et provident voluptas officia molestiae nemo. Debitis tempore sit laudantium rerum laborum.

Veniam hic omnis eos qui. Sint saepe soluta deleniti qui occaecati qui. Nihil eum officiis voluptas accusantium et. Consequatur voluptatibus maiores aperiam. Repudiandae aut culpa molestias. Quo sed architecto quaerat nihil.

Voluptatem veritatis doloremque odio. Excepturi in quisquam molestias et quae. Et ut laudantium aut praesentium quos nostrum sit. Occaecati voluptatibus sit sit fugit omnis. Voluptate odio amet repellat facilis.

Quae magnam eligendi sequi omnis voluptate sit. Veritatis magni et dolorem ab porro vero nesciunt. Animi voluptas esse animi autem maiores culpa inventore. Quia dolor sit similique et.

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 (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
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...”