How late do you stay?

Just wanted to see how late you all are in the office. I have a handful of friends at other banks that can leave between 6 - 8pm and finish up their work from home. I’m in a group that seems to overly value showing face despite lack of deal flow so I wanted to see what the norm was. Would be helpful to know how late you stay and what type of bank you’re at.

 

Does your bank offer the meal stipend even if you’re at home? Mine doesn’t so I stick around for free dinner (shit adds up quick) then dip the moment I finish lol

 
[Comment removed by mod team]
 

It's a culture thing. Banks with younger management / culture don't feel the need to keep everybody at the office all day. It's an old school mindset that is falling out of favor with a lot of banks now. If people leave at 6PM and produce well-done on-time work, then why would management keep them in the office all night? Our group is was humming last year and people would always be out of the office before 7PM.

 

Maybe not before but dinner means going home nowadays

 
Chimps-and-dip

Just wanted to see how late you all are in the office. I have a handful of friends at other banks that can leave between 6 - 8pm and finish up their work from home. I'm in a group that seems to overly value showing face despite lack of deal flow so I wanted to see what the norm was. Would be helpful to know how late you stay and what type of bank you're at.

What are you actually doing at your desk in the evening?

 

Seems to be a bit of a disparity between cities. I’m in CHI and can leave any time after like 5:30 and no one cares but my buddies in NYC typically stay until they are completely done for the evening

 

I'm an AN1 and I get in between 9-9:30 and leave around 7:30. Seniors leave between 5:30 and 6:30. Analysts order dinner at 6:30 then relax and eat together before calling Ubers just after 7.

Yes, this is definitely earlier than most analysts in years past, but have to take market conditions into account. Most groups street wide are not very busy but this could change sooner rather than later. Have to take advantage while you can.

 

I’m sure there are pockets of the old world but I think there’s been a fundamental shift in how late juniors stay post-COVID

When I was an analyst, I regularly was in the office until 11 / 12. Now I think the analysts / associates in my office leave anywhere between 6 and 7 - certainly no later than 8 - and just finish any work from home. 

We worked from home for 2 years so it shouldn’t be a big deal - unless you have a VP that loves being in late because most seniors are gone well before then.

 

MM bank and I’ve been staying until 10:30 / 11. Expectation is to be in by 9:30AM 4 days a week. Been here two years so first years stay longer - getting tired of it.
 

Looks like I’m the only one here staying later though lol 

 

Honestly kinda just depends how busy I am.

I usually get to the office between 8:30-9am (I’m typically one of the first in) and will stay til 8-10pm on a usual night, 10-2am+ if I'm particularly busy.

If it's not busy I'll leave at 7-8pm.Really just depends what I'm working on - could realistically leave most nights and WFH anytime after 7, but I kinda like my office set up better cause I have a small bedroom so would rather be in the office if I need to focus.

 

@EB NYC

Mon - Thu: In office 10am - 6pm, then start WFH usually around 7:20pm - midnight or later

Fri/Sun: WFH 

Honestly don't understand why some banks still make folks to stick around, unless you've got books to print for the following morning. We're not at home playing Fortnite. As long as you're pulling weight, fuck face time. No bank is gonna fire you because you WFH as long as you're pulling weight. 

 

DCM at a BB

Get in around 7:30am, leave around 8:30pm on average.

Nobody here wants to wfh in evening so I end up staying late by default. Bright side is once I’m home I don’t work at all. Fridays are wfh and weekends are completely free, so I guess it’s not terrible.

 

I'm in a MM on the Private Placement desk. We do all our modeling/pitching/presentations in-house. 

Typically MDs clear out by 6:00-7:00. I'm typically out of there around the same time and really never get left with a ton of heavy lifting to finish in one night. My bosses are reasonable people and family men. 

I said this above, but ALWAYS try to work under an MD who has children and loves his family. It will make your life a lot smoother.  

 

I'm in a sweaty group and I leave around 9 PM.  The other responses in this thread compared with banking hours prior to COVID really give the sense that a recession is coming up.

 

We're already in a recession by the pure definition. Recession is two negative quarters of negative GDP growth. It's projected that we are most likely going to have negative growth for Q3 too. This is just the early stages though. You're right though it's probably going to get a lot worse

 

Now in PE but in a group known for being a grind before - was regularly leaving 1-2 am M-F, 8pm Sat/Sun. Would thank my lucky stars if I was home by 11 on the weekdays and had any semblance of a weekend. Impression is that despite COVID, banking is still banking and if you're on a tough deal or under a tough VP/MD it doesn't really matter what WLB initiatives have been implemented

 

Dicta nesciunt magnam consequatur minima quisquam. Fugiat voluptatem a aut saepe. Vel quibusdam deserunt asperiores animi non ut earum saepe. Ullam fuga deleniti enim odio magni dolores ut. Eligendi laborum magni ut quos animi est. Enim optio itaque pariatur blanditiis architecto.

Cupiditate vel quis numquam ullam voluptates. Explicabo molestiae esse qui ea. Maiores consequatur voluptatum nam.

Earum beatae quo tenetur accusantium. Dignissimos sit quis reprehenderit illum. Enim quis voluptate veniam quis est nobis. Rerum numquam architecto facilis qui placeat laudantium.

 

Qui culpa quas numquam nostrum. Quia ipsam tenetur dignissimos illo blanditiis. Officiis et explicabo neque placeat nemo. Id temporibus autem voluptatibus molestiae.

Quia aut explicabo natus. Ratione quis nemo qui consequuntur ut vitae. Ea sint totam sunt possimus officiis temporibus fugit.

Esse vel perferendis eaque dolores magnam molestiae voluptas. Nisi iste dolor ipsum soluta. Id fugit in et quisquam praesentium. Sed et eos quidem. Dolor ad exercitationem illo facere. Velit est distinctio tempora quidem sed qui.

Voluptatem sint aut esse. Quis voluptatem molestiae explicabo eum saepe hic.

 

Dignissimos nobis inventore facere delectus quos ad. Animi laborum ipsa illo odio et maiores omnis officia. Vitae cumque odio earum et accusantium dicta quaerat. Et perspiciatis fuga recusandae dolores possimus. Dolores dignissimos praesentium dolore quas quidem. Iusto maxime ducimus quas et.

Eveniet ut rerum ad iste. Occaecati et dolores molestiae dolorem. Voluptatem perferendis animi voluptates accusantium. Expedita accusamus nihil rerum doloremque eum qui. Voluptatem quibusdam qui laboriosam voluptatum amet. Sequi dignissimos est delectus accusamus rem.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
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...”