Sweatiest banking in SF
Saw the other posts and making a thread for the sweatiest banks in SF. Give me you top.
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
Heard MS Menlo is pretty sweaty.
J.P. Morgan Tech SF -- a buddy of mine worked there (just left before covid) and it was constant back to back 120+ hour weeks ... big facetime policy and overall group culture seemed to revolve around a "work hard, play hard" attitude.
M&A or coverage group? I know the M&A side gets demolished.
SF Tech M&A and Coverage both get fucked on hours ridiculously. Only upside is that Tech M&A exits are significantly stronger than Coverage and your hard work pays off in some form. Coverage is just a never-ending grind to nowhere coupled with some shitty office politics on the senior level (thank u, Matt!).
Can confirm that JPM Tech analysts do indeed wave at the FT analysts at around 4:31 AM every day.
JPM SF HC grinds really hard too and its sweaty but the senior office politics is not there which makes it a less hostile environment.
how do you "play hard" in SF?
Hit up the bars in Castro ;) they know how to get down if you catch my drift
*enters FT Partners*
second jpm and ft, insane hours
Lol their offices are literally right across from each other
Do you think the 1st-year analysts wave to each other from across the two buildings late at night lol
2nd year at JPM.
Haven't gone home in 4 days.
I really need a shower. Pls Help.
I'm so sorry dude :( have a buddy there getting blasted too
Matthew, is that u? Pls stop hiding in the toilet and check ur email now. Sent some fixes.
Aren't you guys WFH? Hope things lighten up.
How are the EBs in the SF / Bay Area for WLB?
anyone know anything about Evercore Menlo/ PWP?
Heard EVR MP has pretty good hours (relatively speaking) and the experience is top-notch
pwp sf tech is notorious for being a terrible group, check out other posts on this forum. no deal flow and bad facetime culture
Heard jefferies was pretty bad
Working sweaty ib hrs in sf would really suck and be pure cuckery
Most your professional peers in sf are working 40 hrs a week(and making more) in tech
At least in nyc the whole city grinds
this is hilariously true...not to mention if you're not at a Qatalyst or GS TMT or ms menlo and work in tech coverage, you're getting cucked on deal flow too. have fun pitching to $10m arr saas companies that are the next big thing revolutionizing god knows what with AI/ML/insert buzzword here while working more and making less than your tech peers
FT is sweaty as is jpm tech as mentioned above
LOL @ pitching to $10mm ARR companies if you're not GS or MS. That's a load of crap
Are you counting RSUs into that calculation for tech peers?
Is GS TMT sweaty? I know they were super sweaty in the Pat but have heard they’re trying to clean up their act at least with juniors
Yes, their entire second year analyst class is quitting
I assume you mean exiting, right? Isn't that a good thing?
The entire class isn't exiting. Summered at the group before - A2A is more common.
Any info on BAML and Lazard?
Yes. We are. So join us.
BAML - Almost no facetime culture. But the sheer volume of deal is crazy. I wouldn't say it's sweaty. People are generally very chill.
BofA Palo Alto is pretty busy, but certainly not the worst compared to a lot of other BBs in the bay
Any info on CS?
Tech group is super sweatty but the people are nice.
The people at CS were horrible to network with
We're not so bad. Sure hours are long. But this year I've worked mostly on live deals. Hardly done any pitches.
Are there literally any pros to being in a sweaty group? Past a certain point I’d imagine hours worked/reps have diminishing returns in terms of “experience gained”. I know sweaty groups are great for exiting Bc you have a lot to talk about and hopefully a few closed deals under your belt, but what if you plan to stay in banking?
Sweatiness typically goes hand in hand with good deal flow, which often goes hand in hand with good exits. This is a super general trend with tons of exceptions, but it is often the case
Moelis SF isn't actually as bad as you'd imagine - it's probably the best moelis office in terms of hours / culture, although that's not saying much.
guys, no one from this office has committed suicide yet! no leaked emails that make the nytimes
its our model office
Roommate works at Citi tech. He says they're pretty chill. We both WFH rn and he always logs off much earlier than I do.
prob why citi isn't great at tech
Friend at Citi said the exact opposite. Said culture is horrible and hours are crippling
How is JPM HC compared to Tech? Same sweatiness?
don't see anything on Qatalyst – good WLB?
Lol what balance?
Hear it's tough. Comes with the good deal flow and comp I guess
just curious what is analyst comp at Qatalyst?
With these “sweaty” threads popping up in the last couple of days...what’s the line between “sweaty” and “non-sweaty”? What constitutes “non-sweaty”?
usually bad deal flow
any info on Barclays?
Seem to be an up and coming shop, but super sweaty from what I've heard
Yup, 3 years ago 3/4 analysts didn’t make it 6 months
Damn I’ve heard the Ny tech team is sweaty didn’t think SF would be same. I guess if up and coming it’s a good thing? Haha
.
What about Centerview SF/PA - heard hours are pretty bad because of the lean deal teams
Roommate is at Centerview PA - his hours seem to be pretty chill comparatively. He says he averages around 70 a week, and his worst has been about 90 (only once since he started in July).
Have heard horrible things about FT Partners and it's really not worth sweating it out there
heard lazard SF healthcare hours are brutal
.
Have talked to an analyst there. He seems to love it and plans on staying for a third year.
FT partners is absolutely brutal. Not just in SF but in NY too
do ppl from FT partners exit to good buy side firms? Why do they endure the brutality? Never thought it was a spectacular firm and am surprised everyone is saying that it is brutal
hear it's brutal mostly due to culture and nature of work. Exits aren't particularly good either and definitely not good when considering the hours
any comment on the financial sponsor coverage group's in sf (BofA, DB, UBS)?
ubs doesn’t have sponsors group in sf. The tech group does primarily sponsor M&A and handles everything. Have heard great things abt bofa sponsors group in terms of deal flow and exit
UBS had 2 MD's covering sponsors out west in SF, surprised to hear no junior team. Any insight into DB sponsors?
Have heard really good things about BofA Sponsors SF after talking with a couple analysts and associates. Very Lean team, highly technical experience, and purely deal execution (no pitching).
Can confirm this - they really fly under the radar but are a purely execution group with top-notch exits.
Info on MS Menlo WLB? Heard they’re hiring more juniors
bump
bump
seems quite sweaty from the person I know there
Know multiple people there. Pretty much what you would expect, brutal hours in exchange for top exits. In the outgoing class pretty much everyone got a top exit besides one person who came from an very non target school. Though to clarify, hours being bad does not mean culture is bad. They just have a lot of work to do.
thanks for clarifying, how's the culture then and what are the associates' background?
Any word on Cowen?
HC capital markets one of the strongest on the street with a solid TMT team. They've been killing it recently especially with their spac practice but they are fairly sweaty from my understanding. Not terrible on facetime but strong dealflow hence longer hours as any good bank may have
You should probably ask the guy on this forum who recommended a $990m short on Tesla shares in March 2017 ... i'm sure wherever he goes, the temperature rises 50 degrees celsius - so much steam, can't tell the difference between up/ down or buying/ selling
Any info on Liontree SF? Have heard those in the New York office get worked pretty hard
JPM SF is an awful place.
Lol I think every group in SF got named in this thread. So in short banking sucks wherever you go lol
Nothing specific about MOE SF though - interesting.
Either everybody in that group is getting too crushed to reply to this thread or nobody has ever made it out alive to tell the story..
Shocker..any bank/group with good deal flow is gonna pretty much suck to be an analyst at. Do you guys really think you can be at a group with top exits and great experience and not get destroyed?
FT is the grimmest place I have ever heard described. I know multiple people who have worked there, and the culture isn’t sweaty - it’s downright inhumane. Their founder is an absolute megalomaniac who is unfathomably petty. Given your accurate points about poor exit ops, I would highly caution anyone from ever considering a job there. I am posting anonymously for a reason... hopefully their owner doesn’t buy WSO for an egregious price simply to initiate libel suits against anyone who ever spoke negatively of the firm. Just not worth it.
Workload is shit but what’s the culture like at GS TMT? Fratty like NYC or do they lean on the nerdy side like at MS Menlo (real nice people there tho)
Et qui veritatis inventore sed illum earum. Necessitatibus ut nihil quo itaque et. Mollitia dolorum sint quia accusamus ipsum sit. Autem quod vel eos nostrum dignissimos.
Vel aut voluptas enim vitae dolorem. Laboriosam inventore error minima beatae harum fugit incidunt velit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Et porro cum architecto nulla dolores dolorum. Dicta nemo laborum omnis accusamus at. Voluptas quia nulla in unde ex cumque consequatur debitis. Optio veniam ducimus explicabo repellendus occaecati quasi rerum distinctio. Voluptate nobis quae facilis dolorum suscipit amet aut vel. Earum et deserunt explicabo quis quos autem illum.
Unde quae dolorum quia aut voluptas. Sed rerum velit aperiam corrupti. Omnis doloremque deleniti dolore laboriosam ut libero nesciunt commodi.
Nemo reiciendis deserunt architecto. Provident nostrum harum totam delectus in qui ut. Rerum laudantium eaque ipsum molestias et voluptatum. Laudantium dolorem eos asperiores animi sint.
Quas ratione fugit dignissimos qui vero repellendus. Ab nulla suscipit repellendus.
Ut necessitatibus possimus inventore in sint quia perspiciatis. Explicabo nam libero aut aliquid nemo. Sunt voluptas delectus voluptas sequi nemo officiis nesciunt. Molestiae ratione dolor voluptatem veritatis eos incidunt. Ut quis ut labore corrupti minima earum sit. Error cum cumque sed amet minima vel.
Praesentium harum accusantium voluptatem omnis. Voluptatum voluptates totam consequatur quis consequatur nihil modi. Eum illum est nesciunt nobis suscipit blanditiis perferendis. Perspiciatis aut ut modi qui aliquam. Doloremque fugiat ipsum rerum veniam dolorum veniam. Tempore reprehenderit praesentium neque.
Quasi enim natus nam consequuntur. Qui molestiae repellat qui sunt eaque.
Magnam alias voluptatibus odit ea omnis neque voluptate. Voluptate unde voluptate enim. Est quis eos consectetur voluptas. Repellat sint sequi aspernatur dolore qui quis culpa.
Beatae ea laudantium dignissimos ut iure blanditiis. Doloribus quidem nulla fugit rerum et dolores autem unde. Quisquam voluptatem nihil sed ut repellendus.
Qui illum illum recusandae consequatur molestias. Sit illo suscipit enim in necessitatibus inventore. Voluptatem autem asperiores aut hic veniam nulla. Explicabo deserunt magnam est voluptas. Accusamus dolore esse sapiente commodi consequatur.