Any updates on Evercore Houston?
Is it still a sweatshop? Buddy of mine said it’s improved slightly. Is this true? 80-100 hour weeks still the norm? What about reputation and deals? Still one of the better groups?
Trending Content
| +170 | How to stop feeling like shit for not making it in IB? | 64 | 19m | |
| +124 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 59 | 14h | |
| +85 | Updated LA Banking Scene (2024) | 61 | 11h | |
| +40 | Ranking banks that went under | 24 | 13h | |
| +39 | Burnt Out M&A ASO | 22 | 5h | |
| +37 | Relevance of A-Levels for U.K. London recruiting | 25 | 10h | |
| +33 | A strategy for SA applicants late to the game like myself | 17 | 10h | |
| +32 | Intern Ettiquette | 6 | 12s | |
| +27 | Series 79 Help / Tips to Pass The First Attempt | 11 | 3d | |
| +23 | What are hours like at BBs in London? | 47 | 1d |
Career Resources
Based on the most helpful WSO content, it seems that Evercore's Houston office has indeed faced some challenges, particularly with its energy team. There have been mentions of upper-level departures and a lack of balance sheet affecting the team's performance. Despite these challenges, the group was still considered one of the brighter spots in Oil & Gas (O&G) recently. However, it's also noted that the Houston team has fared particularly badly in recent times, becoming a shell of what it was in its heyday.
Regarding the work environment, Evercore, like many investment banking firms, has been known for demanding hours. While specific updates on the current average weekly hours aren't provided in the context, investment banking roles, especially in active offices like Houston, typically involve long hours, often reaching the 80-100 hour mark you mentioned.
As for the reputation and deal flow, despite the challenges, Evercore remains a reputable firm with strong deal flow, especially in sectors where it has traditionally been strong, like O&G. However, it's important to note that the situation can evolve, and the experiences can vary significantly within different groups or offices of the same firm.
In summary, while there have been some challenges, Evercore's Houston office has been recognized for its performance in the O&G sector. The demanding hours are part of the investment banking industry, especially in high-performing groups or offices. For the most current and detailed information, it would be beneficial to reach out directly to professionals in the Houston office or keep an eye on recent discussions on platforms like Wall Street Oasis.
Sources: MBA SA Goldman vs Evercore, Evercore Has Gone Downhill, Evercore Layoffs, How Do You Deal With the BB Sweatshop Hours?, How the hell do you stay healthy in sweat shop groups?
friend who interned there last summer was consistently 90+ hours
Is it the same for VPs/4th year associates?
I really don’t know, apologies. Would assume hours go down slightly, but it’s Evercore Houston - probably tough hours at all levels
Tempora aut est molestiae praesentium alias aliquid officia. Odit facere et quia ipsa explicabo aut. Veniam quibusdam repellendus voluptas officia tempore ea quo.
Repellat consequatur exercitationem eveniet id reiciendis aut molestiae. Corrupti rerum nam a impedit libero eum.
Perferendis nemo dignissimos perspiciatis ut autem voluptas mollitia hic. Soluta ducimus incidunt corrupti ut. Vel ut ut dolorem. Dicta officiis non enim necessitatibus.
Voluptas harum dolor illum culpa nulla. Facere eligendi autem ipsam omnis doloribus ad dolor. Quis recusandae quia voluptatibus blanditiis qui eos. Atque ut eum nulla velit id dolor fuga eius.
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...