3 Comments
 

Based on the most helpful WSO content, meal reimbursement policies vary significantly across firms and regions. Some firms, particularly in the U.S., offer generous meal stipends for late-night work. For example:

  • JPMorgan: $25 after 7pm, with an additional $25 after midnight.
  • Morgan Stanley: $35 after 7pm.
  • UBS: $25 after 8pm, with weekend allowances for breakfast, lunch, and dinner.
  • BMO: $35 on weekdays and $75 on weekends.

However, some firms, including Goldman Sachs, Citi, Barclays, and Credit Suisse, reportedly do not provide meal stipends while working from home.

If your fund/team does not currently offer a dinner reimbursement policy, it might be worth raising the issue with HR or your manager, especially if late hours are a consistent expectation. Highlighting how other firms provide such allowances could strengthen your case.

Sources: Meal Stipend Benchmarking, Are interns eligible for free food and cab if working late after 8pm?, How can we do better?, IB LIFE HACKS, "Here's What Consultants Actually Do All Day"

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Magnam omnis dolorem officiis ea repellendus eligendi eum. Fuga distinctio unde quos sapiente non. Est nihil sunt eligendi ea. Et dolores voluptas autem sed nulla. Voluptatem quo quia ab sunt sit quo.

At vitae libero autem qui voluptatem quasi ullam et. Suscipit vitae optio perferendis in sint magni architecto. Eum qui impedit et qui saepe quis beatae.

Autem quaerat numquam illo praesentium ea similique excepturi. Vel est hic iusto tenetur quos et quia. Porro suscipit quis qui et cupiditate eveniet. Delectus rerum facilis voluptatem dolorum recusandae atque rerum.

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.2%
  • Magnetar Capital 95.2%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • Millennium Partners 98.1%
  • D.E. Shaw 97.1%
  • Blackstone Group 96.1%
  • Citadel Investment Group 95.1%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.1%
  • Point72 98.1%
  • D.E. Shaw 97.2%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.3%

Total Avg Compensation

June 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $192
  • Analysts (240) $181
  • Intern/Summer Associate (28) $146
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”