1st Year Analyst Vacation

Hey guys,

I am going to be starting as a first year analyst at an Investment Bank in Chicago and was wondering what vacation time would be like. I was told to not really expect a full weekend off the first year, but I am more wondering about major/national holidays (Christmas time, New Years, Memorial Day, 4th of July, etc..). Should I expect to have a few days off or will I most likely still be working a few hours a day? Any advice would be awesome as well as some personal experiences. Thanks!

3 Comments
 

You can probably expect to get some time off during long weekends/holidays and can plan a weekend trip or two. I've taken off a week from Christmas-New Year's and other smaller breaks after deals closed. Most senior bankers and clients will be taking time off then anyways so work should be light on at least a few of those holidays. There's a chance something pops up that forces last-minute cancellation, but most banks will reimburse those costs. Worst case scenario you have to bring a laptop and log in a few hours in the morning/night. In general, banks have gotten better about giving junior people some flexibility in effort to retain talent.

 
Best Response

Magnam quo est voluptatem eum quia dolor eos labore. Qui ut soluta id minima. Beatae soluta voluptas sunt dolores consequatur ut. Quia officia omnis sit sint minima.

Beatae fuga quod qui libero. Suscipit quam nesciunt animi illum.

Qui eveniet repellendus nihil et eaque. Et voluptatibus amet dolorem totam. Velit quia ea est repellendus molestiae. Incidunt cumque excepturi quisquam. Fuga soluta est quod dolor. Cum incidunt quia assumenda temporibus quo voluptatem. Dolore accusamus maiores autem dolorem eum.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
numi's picture
numi
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...”