Work in FIG, hours are sweaty. Min 6 days a week , sometimes 7, hours are ~100 on average all the time.
Is this normal? Do other groups (IB, PE) have it same / worse?
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That's not normal lol
We’re all in the same boat my guy, just the reality of IB
I wouldn't say we are all in that boat. I think a lot of people do inflate their hours though. The majority of weeks for me are: 70-85hrs, 6 days a week (typically less work on Sundays but almost always have to do at least a couple hours of work).
If you are working that much I hope you're trying to prioritize health as well. All jokes aside working that much can be absolutely demoralizing and detrimental to your health. You should communicate to your staffer that you've been getting crushed in hopes for some relief.
Cheers
Since I started IB, I have rarely worked 7 days a week, especially with the protected periods. Admittedly, I'd judge these as spending at least 5+ hours a day, and it's not too uncommon I work a few hours on the weekend spread across both days.
As a first year, I was in a painfully sweaty group and regularly did 80-90 hours (typically on the high end), while 100+ would only be for particularly bad deals or multiple deals hitting at once.
Now, I'd consider 80 hours to be my normal. After the BofA associate passed away there has been increasing push back on hours from corporate, but it doesn't play out quite as well as they might think as it sometimes feels like an expectation to undereport hours rather than actually reduced work. Hours the last two months or so has decreased to more like 70-75, but not sure this will last when fall deals ramp up.
Working in FIG at a BB I can confirm these hours / lifestyle isn’t out of the ordinary.
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