Holiday/Vacation Days in IB

How did you guys use your vacation days during your first and second year? Have 14 days (obv won’t use them all) and they expire and won’t carry over. If I don’t want to work on Christmas, I have to use a day. Same as thanksgiving. How should I go about this? Want to be a team player but want to spend Christmas with my family (WFH so not sure how to handle) 

21 Comments
 

My first two years I took only 4 days: 2 after a conference abroad (a lot of us went and my MD took a holiday as well), and one per year for the day after Thanksgiving. 

It's all about communicating and making sure you're not screwing your team. The two days were after a month of madness, plus not having my MD in the office was a gift from God. I let my VP & MD know weeks ahead of time and they were actually happy that I was taking time for myself. The days after Thanksgiving are quiet on our side anyway, so no one is really missed.

Don't walk away in the middle of an active deal, and be sure to keep your phone on in case something major comes up. If you communicated right, and your team isn't full of maniacs, you'll be just fine.

 

A lot of firms require analysts to take protected vacations, no? You’re a commutable resource as an analyst and not crucial to any process. Another analyst can just cover for you. The week of Thanksgiving and two weeks around Christmas are pretty dead. We weren’t expected to be in the office or login unless we had something to do. This wasn’t counted as vacation and the majority of analysts had it pretty relaxed. This is in a really busy group also. 

 

Worked at upper MM. First year wasn't great, but second year was a lot better. Was able to take my mandated week off, as well as about 1.5 weeks "working remotely" during Christmas. 

 

Veniam vel odit minus et. Consequatur qui maiores qui fugiat id nihil. Dicta omnis repudiandae placeat sed explicabo sit.

Nihil voluptatem unde non omnis doloribus vitae et. Voluptas sed modi facere dolore facere sequi. Exercitationem et voluptatibus est velit qui ut.

Quisquam nihil quis consequatur natus. Beatae tenetur numquam est amet quasi. Pariatur illo nihil sed dolore rem qui tempore. Voluptas possimus est architecto nam eum in laborum vel. Qui sunt ut voluptatem labore enim dolores. Dolores quia ut reiciendis ea.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”