Need actual advice
Have been on the desk for around two months now, and stuff is worryingly quiet. I have done a good job on the tasks I’ve been given and am building good rapport with my team. When I say quiet I’m talking leaving the office regularly at 8pm sometimes even earlier around 6pm without getting pinged later in the evening. I’m asking my associates wtf is going on but they say to relax as the work will come. Is this normal or am I missing out on key analyst development.
Pls help
Based on the most helpful WSO content, here are some insights and advice for your situation:
Quiet Periods Can Be Normal:
Building Rapport is Key:
Proactive Communication:
Use Downtime Wisely:
Seek Feedback:
Patience and Persistence:
Remember, the investment banking environment can be unpredictable, and periods of low activity can be followed by intense workloads. Use this time to prepare and position yourself for when things pick up.
Sources: Declining Analyst Quality - Fact or Myth, Declining Analyst Quality - Fact or Myth, 1st Year Analysts Quitting?, 1st Year Analysts Quitting?, First year analyst, still feel incompetent and like I haven’t learned anything
Lateral to JEF ASAP you won't leave before midnight ever!!! Jokes aside deal flows ramping across the street. You will be fine. If you are really worried dm your bank and group and I can tell you if the banks bad on deal flow and you need to lateral. But again you are probably fine.
I agree with the poster before me that you should be fine. I guess the questions would be (1) are other analysts in your team getting staffed, and are there deals in general? (2) does your team have a reasonable deal track record?
There are certainly exceptions, but many AN1s two months into the role are not getting a tremendous wealth of experience, and will be spending time making profiles and spreading comps. I would focus on doing really well at the tasks you are assigned, having a great attitude, and being someone that other will want on their team when the RFPs and deals come.
If this persists for maybe 6 months or so (not an official number but it sounds sensible in my mind), then I'd start to consider options.
Bump - do you have more work now
lol yeah getting slammed
What’s the average day as a 2nd month analyst vs 6th month analyst?
How has your day to day changed?
what do they have u doing? is it productive
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