Of those 12+ hour work days, how many hours are you doing actual work. Idk why but i find that i maybe do 6-8 hours of actual work, the rest is just waiting around for comments and twiddling my thumbs. Just wanted to gauge the monkeys in here.
| +172 | The "Not So Obvious" things that get you a return offer? | 20 | 9h | |
| +105 | Is my life over after not getting GS? | 26 | 1h | |
| +68 | Best IB group on the Street | 30 | 34m | |
| +56 | BIG FOUR ARE PARADISE | 15 | 10h | |
| +49 | Thoughts and tips on how to speak like an investment banker. | 25 | 11h | |
| +48 | Tell me one good reason why Jefferies isn’t going to be a top bank in the next 5 years | 23 | 3h | |
| +36 | UBS Outlook | 28 | 1d | |
| +34 | How to deal with egotistical team? | 6 | 3d | |
| +33 | Highest Paid Bankers in Toronto? | 51 | 9h | |
| +26 | Got RBC offer but I have cold feet accepting. | 33 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Honestly same. In my case, I believe it's because we aren't doing anything major right now. I've heard my q4 might look tougher.
I think unless you're staffed on a live deal, depending on team a lot of the "work" time is down time where you just sit around. That being said certain groups are busier in certain times and august is always nice and dead.
Yea that's essentially how my team is right now. We're doing stuff but all the major things are expected to come about later this year / early next year.
Following, I’m curious if this is just due to being an AN1 and later on you have multiple deals where there’s always something to do?
I think to an extent it's this. My manager likes to say that the first 6 months everyone kind of expects you to be learning the ropes / be a bit slow. I'm sure as time goes on all the AN1s will be integrated into everything.
It's a function of being a first year analyst. They don't want to load you up yet and you likely aren't on any super heavy lifts.
Personal experience - typical day is 16-18 hours and ~14 are actively working. You not only get more and heavier deals but you also will build up a backlog throughout the day of small tasks to do and have to check those off as you send the pressing things off. There's always a few hours of sitting around, but my group has been busy since March 2020 unfortunately
16-18 hours now or when you were an analyst?
Analyst - late first year to second year
What's it like when you're waiting around for comments?Do you have to look like you're working? Like are people looking over your shoulder or could you do some desktop reading?
Wondering same. WFH has been super nice since I just pop up some TV or something and chill. I feel like people across all levels have gotten used to the flexibility so it won't be strict in the office or people will just head out and WFH in the evening when waiting for comments.
This is actually how my group has been operating, people tend to leave in the evening around pre/dinner time and remote work the rest of the night. It is so much nicer waiting for comments to turn at home so you dont have to act like your working at your desk.
Minima vero tempora quos ut. Quae in autem mollitia occaecati quod maxime. Culpa reprehenderit eum nostrum dolores. Nesciunt dolore possimus dolorem culpa aliquam impedit dignissimos nihil. Hic eveniet quod dolores aut omnis debitis consequatur.
Rerum ex incidunt qui fuga. Voluptas cupiditate praesentium commodi voluptatem. Nam voluptate voluptates architecto exercitationem et voluptates. Explicabo qui sunt est reiciendis et iusto rerum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...