If I reduce my 8 hours of sleep to 6 hours, how can I use this time in the best way? (In College)

As a first-year college student, I'm curious if sacrificing 1-2 hours of sleep to read finance, economics, and consulting books -outside of my curriculum- would benefit my future career in private equity - I will also get used to sleeping 6 hours. Previously, I have thought about studying for the CFA exam but it has no use in private equity so decided not to do that. I'm open to suggestions for improving my career prospects in private equity and expanding my knowledge in the financial industry. Do you think reading variety of books would be the best choice?

 

you should have been doing this in middle school like the rest of us, might be too late now

 

Prospect in PE - LBOs

As a first-year college student aiming for private equity, I'm curious if sacrificing 1-2 hours of sleep to read finance, economics, and consulting books - outside of my curriculum - would benefit my future career in private equity - I will also get used to sleeping 6 hours to prepare for private equity. Previously, I have thought about studying for the CFA exam but it has no use in private equity so decided not to do that. I'm open to suggestions for improving my career prospects in private equity and expanding my knowledge in the financial industry and especially in private equity. Do you think reading variety of books would be the best choice to prepare for private equity?

You didn't use enough times the term private equity, so I added some more.

 
Prospect in PE - LBOs

As a first-year college student, I'm curious if sacrificing 1-2 hours of sleep to read finance, economics, and consulting books -outside of my curriculum- would benefit my future career in private equity - I will also get used to sleeping 6 hours. Previously, I have thought about studying for the CFA exam but it has no use in private equity so decided not to do that. I'm open to suggestions for improving my career prospects in private equity and expanding my knowledge in the financial industry. Do you think reading variety of books would be the best choice?

Just focus on getting a perfect GPA and getting good internships.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
Most Helpful

Chill. Seriously. To get an IB/PE job you need:

1. Good grades

2. Networking

3. Involvement in clubs/extracurriculars (not just finance clubs)

4. Have done some interview prep (talking few weeks of technical studying, not 8 months)

5. Be a chill person and easy to get along with

Those books are not helpful in the slightest, and honestly being a hardo finance drone is the best way to get dinged. 6 hours of sleep is not sustainable and your personality, social life, even brain development will suffer for absolutely no reason.

Get yourself a WSJ student subscription and read it a few times a week to keep up with the markets. Join some clubs and get involved... find some hobbies and things to do for fun

Array
 

Read “Why We Sleep” by Dr. Matthew Walker to better understand the power of sleep. Especially while you’re still young and your brain is developing you should get as much as you can. That doesn’t mean you can’t do some reading on the side but getting good sleep is super important and not worth sacrificing at this stage in your life.

 

Frankly, you're better off trying to get that 8 hours of sleep as much as possible, especially while you're this young and still in school. The percentage of the population that can truly function at 100% on <8 hours rounded to a whole number is 0. Just try your best in class, form friendships with likewise professionally-minded folks where possible, and have fun. Health is wealth and I can speak from personal experience it's a bitch and a half to get back on the wagon if you choose to step off just to try and cram in more "professional" benefits. 

"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

I honestly don't remember if it was on JRE (could be, I think he's been on a couple of times) but the quote itself is from Andrew Huberman. The generally accepted threshold is ~7-8 hrs so..

"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

Voluptas fuga sit nulla sunt voluptatem possimus. Cupiditate recusandae ex tempora tenetur nihil quos libero quis. Incidunt sint quaerat animi voluptatem soluta veritatis. Sit quis animi voluptate et. Quae dicta molestiae consectetur voluptatem ut voluptates porro nihil. Distinctio aut vel suscipit porro porro alias debitis.

Maiores asperiores eos vero aut maxime quis omnis illum. Iste vel maiores corrupti et commodi alias sit. Voluptas ex amet error. Quod dolorem in cumque odio velit qui. Nobis totam et et saepe. Accusamus minima voluptas iure et.

Voluptatem minus aut reprehenderit nobis ipsam maxime et. Tempore quo est fugiat omnis quia possimus vel. Incidunt officia possimus mollitia quo aliquid quia.

 

Laborum omnis animi aut omnis. Excepturi aut aliquam tempore voluptas quisquam. Sit et ad dolorem error similique dolorem.

Ipsum ratione aut perferendis earum. Sit deleniti et ut ut cupiditate rerum qui. Facere praesentium nostrum rerum omnis.

Optio hic sit est est est qui. Deleniti eaque distinctio eaque et optio. Nesciunt atque corporis voluptatum culpa non officia.

Tempore porro architecto accusamus aperiam qui quis et voluptas. Quo quia sed accusantium voluptatem adipisci. Est voluptatem adipisci laboriosam aperiam fuga non unde perferendis. Neque quia corrupti maxime officiis accusantium architecto.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
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...”