Barclays Hours/Lifestyle
Barclays is known to have good culture relative to other banks on the street. Anyone know what the hours are like (for SA and Analyst) in their coverage groups? Specifically interested in NYC office.
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I can only speak on their tech group. No bueno.
MP or NY?
As OP asked, NY. I cannot speak for MP. NY Tech doesn't care if you're an intern or senior associate. Sweaty.
From my understanding Tech and Industrials are the groups that have heavy dealflow and thus are worked very hard. That's not to say the culture in the group is bad (it's not at least in Industrials having talked with people there), but just saying that hours might be longer than other groups at Barclays.
Appreciate the response. Any idea on how sweaty? 80-90 or 100+?
I can confirm Barclays NYC Tech grinds super hard (think 9am to 4-5am 7 days a week when it gets rough). Crazy dealflow per head and top notch junior camaraderie. It sounds cliche to say work hard play hard, but that's exactly what the NY tech group is. If you're coming in as an intern, I would give it a shot. For FT, I would stay away because you won't know what you're getting into.
Power and Sponsors are some good groups with lower hours.
Any idea of culture in healthcare and FIG? Know these groups get decent deal flow as well, especially healthcare. Do they work long long hrs like industrials and tech? By long hours I mean on average 85-95 hr weeks.
Obviously I know this is very dependent on a lot of factors (sub sector coverage, deal team, where you rank in your analyst class).
Barclays HC works very long hours, more than tech in heavy weeks.
Does anyone have insight in the top London teams?
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Can anyone comment on the average hours in Sponsors or Consumer Retail?
Heard from a friend that hours in C&R aren’t too bad. Would usually be out of the office around 10-11PM as an SA.
Thanks! Any idea on weekend work?
Yeah, tell your friend to brace for impact because that is no longer the case in CRG. the entire group is underwater with work
Any idea about Power & Utilities? Heading to bschool next fall and interested in the group.
I think it’s a top group (or the top group). Iirc it’s a sweaty group
Knew a few people who went through there as MBA associates--overall sounds like a good place to be. Heard the juniors usually go out to drinks together on Fridays and teams/staffers are usually understanding if you have an important weekend commitment you want to make (weddings, family events, etc.). The first year sounds like a slower ramp than at some other places so it doesn't seem like you'd have too many 4-5 AM nights until well into your first year once you have things figured out, then they put you on a heavy amount of live stuff. Again, haven't been there personally so this is all anecdotal.
Heard from friend in Industrials it's like a sweatshop
Current analyst in IND. Can confirm. 3 first years left already, more second years left early and a bunch of associates left. The people who are left are getting demolished. 10/10 live deal experience but zero WLB. Good luck finding time to sleep. Imagine comraderie is way better when in office though.
Industry Coverage teams are sweaty but not as much as any other BB. Geographical coverage much better, some parts of the UK team (CB) don't even work weekends and get off at 7 every day. Products it really depends on your team, I think the more continental Europeans the worse the hours but ymmv.
Anyone have info about Sponsors in nyc?
Natural resources is a sweatshop now, has changed drastically in last 12 months
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