New first year- things incredibly slow?
Any other first years just not have much work to do? I've been on the desk since monday and have in total sent one calendar invite, edited 2 powerpoint slides (not decks- individual slides), and printed out one thing for a senior.
Is this normal for someone hitting the desk? Everyone at my bank constantly telling me how busy they are, yet it just seems like no one wants to take the time to actually get me up to speed and help. I talked to my staffer once but it's a bit weird because he's working remotely (on vacation maybe?) and I don't want to keep harassing him.
Do I just bide my time and wait? Anyone have tips/tricks looking busy at the office when you have 0 work but don't want to look like a slacker and leave work? I've currently been sitting at the office everyday for 14 hours messing around in my email.
Just wait, transactions and projects lag and usually take weeks / months at a time.
Before you know it you’ll be staffed on multiple different assignments.
August is the slowest month of the year in IB. Check in after labor day
Winter is coming.
Wdym
It means you're about to get bent over and fucked
Open previous project folders if you have access, and then check what's in them. Either genuinely study the materials, or put something on your desktop to pretend to be busy. I don't judge people on your motive.
Or, you can go to Macabacus or MultipleExpansion and learn to build models from scratch. The instructions are crystal clear. I guess you can also call that spoon feed, but it works.
Was in the same boat last year and it made me pretty anxious. Looking back, I wish I would of sat tight. I would let the staffer know I had capacity any time we had a check in. I kept getting accounts that were slow / non active. A month later almost every account I was on blew up at once.
i had a horrible 6 months after that. Lesson learned: don’t ask for work (excessively). It will come to you.
Things typically slow down in August as everyone is getting ready for vacation - enjoy it
Post Labor Day, there will be plenty of opportunities to hate your life
Why is everyone getting ready for vacation in August? Wouldn't most vacation happen near Christmas & New Years?
Execs typically take a week or two off so things slow down at banks
Enjoy it while it lasts!
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