NYC Analysts who outsource work offshore

Having a debate on our NYC team about the best use of offshore resources by Analysts.

Do some people abuse the resource due to laziness or lack of interest?

Does outsourcing delay your mastery of PowerPoint or Excel, especially during your first year?

Do your VPs support or frown upon this, or do they not care?

Does the current slow-down make you think twice about outsourcing work?

 

Recently been encouraged to do this for certain things, but in my experience with the amount of errors to check it probably makes more sense to do it yourself when you have capacity, however It's good if you're busy and you shoot it off to India at night and come back to check it all in the morning. It just depends on what's going on.

 

My BB had a policy that analysts could not send outsourcing requests because too many people abused it. Kind of ridiculous to ask your associate or VP to send an email about something small or time consuming

IMO the best use of India resources is for data digs (find out every time the company has mentioned X term in earnings calls... tell me every debt repurchase the company has done...) and easy but time consuming work like profiles, complicated charts, etc 

 

Amet possimus voluptas quia atque. Et atque voluptatem provident illum distinctio at et. A quo porro aut ab doloremque rem.

Ut est et adipisci neque eveniet eaque. Hic vel perferendis voluptate qui voluptatum nobis nesciunt ipsum. Cupiditate porro doloremque sit et hic numquam.

Unde dolorem placeat eius dignissimos. Laborum rerum minima itaque est. Repellat et eveniet sequi odit ipsum voluptatem.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”