Do SAs in IBD get free dinner like full time analysts?
assuming for a very large established investment bank where full timers get 25-30 for dinner
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Yes
You get the same allocation, however sometimes the FT analysts will "tax" your allowance.
meaning theyll use up their allowance and use part of yours as well?
^Yes they will. More often though the analysts just pool their allowances together and we get sushi by the boatload or something
We usually do order stuff as a group, but everyone is trying not to be "that guy". Usually what happens is this helps the firm save money- and (I'm guessing) gives our boss a few extra K to allocate at year-end, since it's money that's not getting applied against his P&L.
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