Travel in IB
So I’ve heard some differing opinions on how much travel one gets in IB, but how much do you really get? Also what are the details about travel, because I think everyone wants to travel on a company’s dime in their 20s. Does it differ by position/bank? Is it regional or international?
Sorry, please disregard, trying to delete this, didn't mean to post 3 times...
Less likely to travel first couple of years; chances are you'd travel more when you start taking associate roles (good 3rd year analyst) but really depends on how lean the deal team is
International travel will be much less frequent unless there is a very strong reason to do so (e.g. advising a US client who's doing an IPO in Hong Kong in which case you might do 2-3 weeks stay closer to filing date)
"Also what are the details about travel, because I think everyone wants to travel on a company's dime in their 20s" --> You will not say this after you had a few domestic red-eye flights where you had to finish some model or deck on the plane, crammed into your seat. International trips may be different though, because these tend to be longer stays, you fly on proper business class, and you may be lucky to spend the weekend at that place which can be fun. But then, as I said international trips are not very frequent even at associate / VP level
Traveled domestically as an analyst (lean deal team at EB) personally it was cool the first trip then it sucked.
1) need to care for MD/VP you become their personal assistant. Understandably so but it indeed is annoying. 2) you have other staffings to take care of and while people will try to be understanding if you travel 3-4x times it isnt an excuse you’ll have to do work in your hotel room on your small ass laptop with subpar wifi 3) had to wakeup early (6am-7am) to wakeup and go setup for early 8-9am meetings 4) relates to point 2 but once you’re in MP/site visits those take 3-5 hours of your time and during these times you cant work on your other stuff. While its cool during the first 1-2 MPs it gets really dry/boring here the same thing 6-7 times.
Pros
1) five star hotels (usually stay at ritz/four seasons) and pretty much any food I want to eat in the city
How much do associates travel?
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