Working less than 70 hours a week?

Hey all,

Currently an analyst at a BB working typical IB hours (as most would expect). 

Typically work until 2 or 3AM during the week (Monday to Thursday) with weekend work on Sunday (maybe 6-10 hours depending on deal flow). Can usually log off by 9PM on Friday.

Have a friend who is an analyst at a lower tier MM bank (based out of NYC) who claims to work 70 hours a week, maybe even less during some weeks, with almost no weekend work. Seems like he is able to log off before midnight almost everyday.

What type of banking experience would allow for or warrant this type of lifestyle? Would imagine it would perhaps be more common at shops with less deal flow? Seems like his team does a good deal of pitching so perhaps I can attempt to reconcile the difference in our hours worked to my better deal experience. 

Curious to see if this is typical or if it is far from the standard experience of an analyst. 

2 Comments
 

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