MM IB hours
Im starting a SA role at an MM firm. Ive heard very different and opposite views on MM bank hours vs BB or EB’s. Im just now very curious how different the work at a sell side MM would be than most other firms. Also, some people say MM banks have less hours per work. How true is that?
Probably generally true that MM works slightly less hours, but it really depends. It can entirely depend on the bank, group, and overall market.
read some other threads man, many similar ones to this out there. With that said heres the answer your gonna see. IT DEPENDS. Simple as that, on deal flow, people you work with, if there efficient and you don't have dumb VPs. Culture of the firm too, plenty of firms are still old school where analysts should be the last ones to leave regardless of if they have work to do or not.
So the answer you will always see when anybody asks about hours at any BB/MM/EB will ALWAYS be it depends. The range goes from 60h-100h hopefully your on the lower side.
Thanks for your input!
yah np, goodluck to you in your SA stint
Depends on whether the firm is a real middle market shop or if it’s a bucket. If you’re at a bush league small cap boutique that markets itself as “mid-market” but does deals in the 5-20M EV range the hours may be lite.
However, if you’re at a true middle-market like Lincoln, Jeffries (yes I know their M&A deals are in the $1B+ range so they’re not really a mid-market anymore), Stifel, Piper, your hours are likely going to be fucked - sorry, beyond fucked. Your skin will be pale all year round from never leaving the house.
Nam officia eos aliquam ut voluptas aliquam eligendi. Autem veritatis et praesentium accusamus laboriosam quam. Non non rerum tempore aspernatur fuga porro est. Dolorem at et ad ad quam odit maxime.
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...