Running a business while working in IB?

Hi all, hoping to get some advice/insights here. 
I’ll be starting as a full time grad analyst in IB next year and over the past few months have been planning to open an ecommerce business.

One of the terms in my employment contract says "during your employment with the Company you must not, without first obtaining the Company’s prior written consent, engage in any employment or provide any services to anyone other than the Company, including external directorships".

I assume this means I’ll have to tell them about my side business before starting. Wondering if anyone else has similar situations in their teams and/or what your attitudes might be towards someone with a side business? Mostly cos I don’t want my team to think I’m not putting in all of my effort into my full time job.

Thanks for any insights!

2 Comments
 

I'd be more concerned about where you're going to find the time to run this operation. When operating your own business, stuff is constantly going wrong and you need to be constantly ready to address issues. I could be wrong but it doesn't seem like the most conducive activity to pair with FT IB

 

Sint debitis optio non enim deleniti quam explicabo. Nobis officia nam in et unde. Aut et tempora asperiores ipsum facere quo vel. Dolores occaecati non doloribus nihil. Dicta ipsa suscipit accusamus autem qui labore aut voluptas.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (66) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
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...”