Tempted by the Street

Specs: College junior, 3.95 GPA at a non-target school in NJ with a Math major/Finance concentration. I've been pursuing actuarial science, and am currently a year-round part-time intern ($23/hour) in actuarial consulting in the city, just shy of ASA credential should I choose to get it. I've been 'interested' in iBanking for a year or so (risk management primarily, but I'm still rather open) - read the Financial Times, WSJ, Economist on my commute.

I've got contacts in life insurance, P&C consulting, two of the Big 4 actuarial services departments, and an iBank.

My main question - is it -at-all-possible- to find a gig at an iBank (regardless of prestige) that isn't absolutely killer on the hours? My firm has it's busy seasons, with the 8am-2am shift for big client crunch, but that's the exception rather than the rule - I find that do-able. The Big 4 depts I'm looking at have the 60-80 hour busy season, 40 hour quiet season, from what I've seen (and rather generous vacation packages).

Thanks in advance for any answers. I'm interested - just not sure if it's a life I want to put my fiancee through for a couple years.

3 Comments
 

Thank you - it can get a little overwhelming trying to map out a future career - I like finance, but I'm just not willing to put in the killer hours some around here are - I just want to make sure I don't end up being just another actuary wondering 'what if' while working 8-5. It's nice to get a little grounding every once in awhile.

 

Quasi aut dolor possimus aperiam molestias. Necessitatibus unde animi beatae a delectus. Veritatis illo corporis sequi amet.

Et molestiae officia quisquam occaecati doloremque ea. Ut dolorum sunt molestiae quae sint qui quae. Esse veniam quibusdam ut quisquam porro. Vel nulla quisquam non esse.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Linda Abraham's picture
Linda Abraham
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...”