GS London hours
Just got an offer at GS London (analyst, won't share group for the obvious reasons) and been wondering what are the actual hours like?
I know many people boasting about consistent, daily 8am-3am, which gives around 4 hours of sleep a day. It seems super unsustainable and unreasonable. I know it is GS and every analyst will be grinded to the ground. On the other hand, a lot of people in the industry love to je*k off to the hours they work, assigning sort of prestige to the. Therefore, I wanted to cross-check with someone here. What can I expect?
Based on the most helpful WSO content, here's what you need to know about investment banking hours, particularly in London:
Typical Hours: A typical investment banking analyst can expect an 80-hour week. While there will be weeks where you might work 100+ hours, these are not the norm and are outnumbered by 80-hour weeks.
Survey Data: According to the WSO 2022 Investment Banking Work-Conditions Survey, the average hours of work per week in London is 78 hours. This aligns closely with the general expectation of 80-hour weeks.
Sleep Schedule: Analysts typically get around 6 hours of sleep per night. This is consistent across different groups and types of banks, with slight variations (e.g., M&A averages 5.9 hours, TMT averages 6.1 hours).
Survival Tips:
Work-Life Balance: Don’t expect a work-life balance during your first two years. The nature of the job is demanding, and the hours are long.
Cultural Insights: The culture in London investment banking can vary by bank and group, but generally, the hours are long and demanding, similar to other major financial hubs.
In summary, while the hours at GS London will be long and demanding, the extreme 8am-3am schedule is not the daily norm. Expect around 78-80 hours per week with about 6 hours of sleep per night.
Sources: Investment Banking Hours - What to Expect?, Investment Banking Hours - What to Expect?, WSO 2022 Investment Banking Work-Conditions Survey (Part 1/3), WSO 2022 Investment Banking Work-Conditions Survey (Part 1/3), WSO 2023 Investment Banking Work-Conditions Survey RESULTS (3rd Annual)
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