Everyone says it’s a super busy time for IB but what does “busy” mean (not dlj definition)? I’m a first year and didn’t intern in IB so can’t base my answer off anything. What would a typical workload look like for a BB coverage analyst?
| +236 | UBS Healthcare | 49 | 1d |
| +71 | UBS MDs Treat Employees like Dogshit, Data to Prove it | 12 | 16h |
| +60 | Shana tova - happy new year | 12 | 23h |
| +58 | More diversity needed in the industry | 11 | 3d |
| +48 | NYC Wall Street Run Club | 13 | 3d |
| +40 | Lost all ambition / don’t care at all anymore | 16 | 16m |
| +24 | What is the role of an analyst at your firm? | 3 | 22h |
| +22 | Feeling a bad pattern forming. I need some help | 3 | 5d |
| +20 | "Don't include firm in Cover Letter's file name" | 9 | 18h |
| +19 | Reaching out to interviewer who rejected me | 2 | 4d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Bump
who said that
DLJ look up DLJ busy on google
Group dependent. I’m at a BB and my group has good deal flow. Normal is 80-90 hours so busy would be 90-100. 100+ if quick turnaround on a live deal.
If live deal you'll likley run into the 2-3 AMer nights multiple nights in a row, maybe even more + weekends
If you're just pitching / marketing and you're staying in until 3 am for that or coming in on weekends... you either have bad rep with your group and are getting fucked on shitty marketing / pitches. Or you're just slow at turning things around from process management / spinning wheels standpoint.
Generally agree with this with the exception that most groups view weekends as slightly lighter work days (Saturdays off at some BBs). Definitely not just live deals.
Normal is 70-90 hours, some 100+ and a rare 60 hour week every now and then, but definitely far more 80 hour weeks than 105 hour weeks.
It's all group dependent.
My group head literally came and said if you are coming in doing marketing, let me know and i'll talk to the MD. Again, this is if you have good rep.
There is absolutely no reason one needs to come in on weekends to do a marketing meeting unless 2 reasons:
1. The analyst sucks and can't be trusted on live deals. Might as well staff them on marekting and get hours out of em on weekends. Likley not going to be A2A
2. The MD you're doing the marketing for sucks and thinks he needs marekting materials asap for meetings where the client literally wipes their ass with the 30 page deck that could've been 5 if you cut the appendices
^^ Just my 2 cents. I've since left banking, ran my own search fudn and now owner operate 2 business. I get pitched by banks probably once a quarter asking for a meeting to run industry slides / M&A opps etcs. I have not once read page to page any deck over 5 pages
You don't go home for 4 days.
Ea aut voluptatem natus qui ut. Sequi consequuntur sint nisi dolore quia. Excepturi reiciendis vero non itaque aut quo hic qui. Ut eum fugiat inventore ducimus ut doloribus consequatur. Porro voluptatem itaque assumenda voluptate tempore.
Dolore consectetur optio vel earum. In aut ut quas dignissimos. Optio esse dolores harum molestiae minus.
Repellat fugit pariatur eos maiores. Amet officia quasi officia placeat.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...