Macquarie Capital summer internship hours?
anyone know what the typical hours are for interns at maccap? I heard it's less than what most BB require
Trending Content
| +1,677 | Bank of America - Juniors Strike to start Monday May 6th | 196 | 2m | |
| +604 | BOFA ALREADY TRYING TO COVER UP THEIR TRACKS | 69 | 9h | |
| +412 | This is a dark day for Wall Street. | 37 | 23m | |
| +154 | Investment Banking US League Table YTD 2024 (FactSet) | 85 | 19h | |
| +150 | Big Layoff at Barclays - 5/1/24 | 86 | 3h | |
| +93 | “Americans just work harder” | 54 | 16h | |
| +72 | Sleeping on Jefferies??? | 35 | 17h | |
| +68 | Shame on you, BofA. But also, the industry needs to change. | 12 | 1s | |
| +67 | BofA List | 7 | 14h | |
| +62 | Analyst at Bofa FIG-Thoughts | 5 | 2h |
Career Resources
Probably 40-60 hours a week. I believe most of their bonuses were under 10k last year (there was a post on here with a guy from Macq, maybe he will chime in).
^You ignoramus. STFU
No ibankers work 40-60.
Based on the size of the bonus, I don't think they expect you to work more than 30 hours a week.
Macq and rbs both have abysmal bonuses, I wouldn't work more than 30 hours a week either.
The ShitHead. You are right. They probably work 20 hours at the bank we are talking about.
boutiquebank4life is the ignoramus. Why don't you make a comment if you ever get into the industry.
//www.wallstreetoasis.com/forums/offer-picking-rbs-ibd-vs-gs-gir
http://dealbook.blogs.nytimes.com/2010/06/08/millionaires-said-to-consi…
It depends on which desk you get on. You get put on a coverage group, you'll be working 80+ hours and weekends.
You should expect to work for at least 80-90 hours in the industry groups.
Coverage:
Industrials tops the list but is also arguably the best group there now, moreso than Infra; expect 80+, with some past SAs topping 100 hours a couple weeks.
TMET crushes SAs too, but more from hardcore ex-LEH guys than dealflow; a lot of pitching, but interesting focuses (satellite, wireless towers, some cleantech, etc). 85-90 average from SAs last summer.
Infra, FIG, and RE are probably next, in descending order, and have beefed up Energy team so expect those hours to rise.
Product groups:
All generally 70ish hours although LevFin dealflow has picked up in the last couple months; probably will be higher and more than ECM.
Macquarie SA hours? (Originally Posted: 05/05/2010)
does anyone know how many hours/week an SA at Macquarie can expect to work? I got the impression it was less than BB
Based on FT bonus numbers posted here I would hope so.
Lol. I would hope so too.
The FT people I know there work about the same. Can't really speak to SA.
^LOL
i don't know about IBD but their BO was very laid back.
On the topic of Macquarie:
Does anyone know if the Sydney/Auckland offices have a second summer intern program for Northern Hemisphere students? Their typical "Summer Vacation Program" is like December-February, but has anyone heard of them taking on interns in their winter (our summer)? or do they subjugate all the Americans to NYC?
I ask because the only time I'd ever want to work at Macquarie is if I were in A/NZ, where their presence is stronger.
Nope. No winter interns for Australian IBD. Summer vac program runs over the Australian university summer break (Dec-Feb usually). And you have to have an Australian work permit (usually residency) to do an internship in Australia.
i interviewed with Macquarie before, one analyst told me they were more laid back than BBs, and she was surprised at my work hours in other banks.
I am not sure where some of you are getting your information but an IBD analyst at Macquarie easily puts in a 90+ hour week. Most groups have had trouble hiring after a couple of years of embarrasing pay which has created an understaffed and overworked situation.
Laborum est ipsam sed sunt. Aut sunt itaque aliquid perspiciatis. Quam rem et et blanditiis atque ea. Assumenda aut voluptas perferendis. Voluptatibus animi qui dolores in minus omnis quia nemo.
Libero fugit omnis unde odit. Corporis sit repellat qui id voluptates occaecati voluptas. Et facere nesciunt tenetur numquam repellendus aut totam. Debitis quos sit nobis. Labore laboriosam et qui eaque impedit repellat beatae.
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...
Nobis aperiam aperiam quisquam commodi ut ut aliquam. Qui omnis pariatur ullam. Dolore deleniti necessitatibus facere qui in minus dolorem nostrum. Nobis qui nesciunt voluptatem ut ad. Voluptatum occaecati consequatur quas dolores natus aliquam rerum. Labore omnis et velit explicabo.
Architecto sit sed ad fugit commodi. Amet voluptatem inventore nihil cupiditate eaque dolores exercitationem. Iste ea eaque sapiente quos adipisci in odio.
Quo sit iure autem nobis quasi mollitia. Ipsum iure amet accusantium commodi laborum et ipsam est. Doloremque dicta accusantium cum in. Suscipit autem temporibus sapiente hic voluptates eligendi dolores. Est commodi voluptate qui incidunt autem at.
Velit omnis ex sed eum eum. Ea et repudiandae cupiditate aliquid saepe cumque. Neque impedit repudiandae et iure consequuntur numquam et.