Banking Hours/Sweatiness Tier List
Tier Hell (Really Fucking Bad) - Moelis, JEF, GS TMT, GS IND, BMO M&M, Ducera, Dyal,
- 125+ Hours/Week (9AM-3:45AM, 9AM-2AM on Weekends)
- Sleeping overnight at the office
- No time for grocery shopping, cooking, vacuuming/taking out garbage, doctor/dental appointments, dry cleaning
- Brushing teeth, shaving in office washrooms
- Showering less than daily
- Averaging 4 hours of sleep/day
- 5 days in office, no such thing as protected weekends
Tier 2 - (Kinda Bad) - MS/JPM/EVR
- Approx 115 Hours/Week (9AM-2:30AM, 9AM-Midnight on Weekends)
- Semi-frequent sleeping overnight in office
- Cramming meal prep/apartment cleaning in a 1-hour time block once a week
- Toothbrush, razor, pillow kept at office
- Solid 6 hours of sleep a day
- Fridays gets to leave earlier
- Weekends can be WFH sometimes
Tier 3 - (Average for IB) - Most banks
- Approx 100 Hours/Week (9AM-1:30AM, 9AM-7PM on Weekends)
- Rare sleeping overnight in office
- Usually time for cooking/cleaning/medical appointments/laundry/errands on weekends
- Fridays gets to leave earlier
- Solid 7 hours of sleep
- Weekends can sometimes be protected
Tier 4 - (Chill Job) - BofA/TD
- Approx 80 Hours/Week (9AM-Midnight, 9AM-5PM on Weekends)
- Time for cooking/cleaning/medical appointments/laundry/errands on weekends
- Time for a couple meals or activities together with Significant Other/Friends/Family weekly
- Comfy 7-8 hours of sleep a day
- Can fit in the gym in the afternoon/evening on less busy days
- Barely work done on Fridays
- Weekends usually protected
Tier 4 - (Unemployed) - UBS
- Approx 70 Hours/Week (9AM-9PM, 9AM-3PM on Weekends)
- Can spend lunches at sit-down restaurants
- Several meals or activities with Significant Other/Friends/Family weekly
- Playing JerkMate ranked on Fridays
- Sleeping for 8+ hours a day
- Literally not even in the city on weekends
lol ubs cracked me up
Was at GS classics / coverage (not TMT/Industrials). I seriously doubt anyone truly averages 100 hours/week over a year.
There are definitely deal sprints where you’ll hit 100–110 for a few weeks (or maybe a month or two). But in most groups, that’s followed by a few lighter weeks closer to 60–70 hours, assuming you have a non-doormat staffer. And there are plenty of 60-70 hour week stretches when the Street slows down (e.g., late December).
I also don’t understand why interns/prospects glorify 100-hour weeks. There's also some poeple on the job, usually some 35-year old+ MBA Associate / VP, who brag about how many hours they work / what they have sacrificed for the job, and they are always the worst people to work with. Personally, I learned far more working 70 - 75 hours on one active deal than I did juggling multiple live processes at ~100 hours. Once you’re consistently near triple digits, you’re mostly just surviving, not absorbing much.
Seriously. There is no group except for those unusual horror story toxic groups that operate at a run rate 100 hours. The most I've worked, ever, was 88 hours and that was a live process and next week was closer to 65.
I didn't know there were part-time ASOs nowadays? What bank?
Surprised you managed to make it to PE with this mentality!
Not only are you retarded mostly you're unfunny as fuck 😂 😂
Bumpy
Dudes looking for every reason to put BMO m&m in the same group as goldman and Moelis lmfao
This is a highly inaccurate list lol
How so?
Can almost guarantee outside of a few Goldman groups that no one works more than Tier 4 hours on average
Is your entire social circle in PWM and LMM banks?
Further proof that we should not let Canadians into our banks or PE firms. Absolute hardo's. You are the reason why some seniors are willing to make their juniors work 120+ hour work weeks regularly; because they know some hardo's who have never worked those hours will sign up for it before inevitably burning out.
There are some good Canadians at my firm and in my banking experience, but I have found Canadians make up a lot of the worst people to work with on the street. Nobody is working more than 80+ hour weeks on average at GS outside of maybe TMT FYI for the year. It would effectively mean working 90+ hour weeks in the weeks banking is active as there are various weeks where not much happens such as late Dec.
No one works past 9pm on weekdays?? lmao
There are two tier 4s. I was talking about the first one
I’m going to the Tier Hell. They are exaggerating a bit right?
… right??
125 hours consistently cannot be serious right?
Congrats on Jefferies summer analyst!
It is serious, but it's not going to be dangerous/lethal for your health unless you're abusing substances. You can definitely tough it out for a year or two and then lateral
Yes, it is. Its extremely dangerous to be working these hours with little to no sleep. There are plenty of stories on here of people developing permanent heart problems, and developing server mental health issues that that months or years to fix after leaving banking.
Not to mention the issues that go unnoticed like increase dementia risk, fertility issues, depression, increased obesity and hormone issues. It really needs to be stated on here more that most people will take a significant decline in health once they start working in banking.
Prospect / intern exaggerating for idk what reason, maybe just insecurity. Was at GS coverage, and nobody is averaging anywhere near that for the year. It's not feasible nor is it sustainable. You will have some 90+ hour work weeks when you are on multiple live things at once, but average is going to be ~75 hours a week, even less if you include the few weeks nobody really works in a year. Will say that if at Jeff/Moelis/select groups at GS/MS/EVR, that probably goes up but not going to be 120.
I think about how the Baird industrials WSJ article got released and they were labeled one of the worst groups ever and they claimed only 110 hour weeks. So to help your point, these are so inflated its not funny.
https://www.wsj.com/finance/banking/banking-culture-robert-w-baird-aecc…
What groups are averaging 75? Please let me know, I'd love to work 2 of those part-time jobs at once and get double the comp.
Highly exaggerated but the ordering of banks is accurate. Average hours at a typical bank these days is likely around 70-75
Is that a part-time gig or something?
congrats on bmo lmaoooo
dude snuck in BMO???
I shower less than daily and I sure as hell don't work in tier hell
Not showering everyday is nasty. It does not take very long and has significant improvement on your life and the life of everyone you have to interact with daily. Please make sure to shower everyday, trim your nails, brush your teeth, etc. I promise you have time to do it, it truly does not take very long.
Congrats on willingly not showering enough!
In FIG analysts work from 9 to 2AM Monday thru Friday. Protected Saturdays. Sunday you start midday and end more or less midnight. That's a 90hr week for reference. Not bad at all.
Did you do any side hustles during the free time you had? Or did you just go extra hard on gym/dating/Netflix and stuff
GS TMT is not that bad…honestly one of the chiller ones..their floor was half empty in the afternoon (tmt & hc floor) multiple times a week
Most gs classic groups have protected Saturday (Ind does, for example)
Source: SA 25
Was this between Christmas and New Years?
June-August
yeah there are def groups at gs that are far worse than tmt lol
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