REIB Hours/Lifestyle
Does anyone have any insight info for REIB lifestyle/hours at each level? I was under the impression that analysts work 80-90 and associates work 70 hours. Not too sure about VP and above
Thank you
Does anyone have any insight info for REIB lifestyle/hours at each level? I was under the impression that analysts work 80-90 and associates work 70 hours. Not too sure about VP and above
Thank you
Career Resources
You will most likely get better traction on this in the IB forum. Most people in here work with direct real estate.
I assume you are talking about working in IB for a bank as opposed to the JLL, Eastdil, etc.? From what I understand you will be working hours similar to what you described. I believe Eastdil used to have general REIB, but I believe that section was taken over by Wells Fargo when they bought themselves out last year.
I know a guy who does RE IB at Wells and works from around 7 am to 1 or 2 am pretty much every day as well as on the weekends. On the other hand, I met a guy this past weekend (can't remember exactly where he worked) who was in RE IB and only worked around 60 to 70 hours a week. I think in RE a lot of it can depend on where you are and what your deal flow looks like.
I’ve got a couple friends that have done RE IB at some point in their career. All solid RE IB shops. On average, they worked about 15-20% less than friends in M&A / Coverage groups. So 80-85 hours for m&a analysts goes to 65-75 hours for reib analyst, 70-75 hours for m&a associates goes to about 60-65 hours for reib associates.
Not a bad gig if you’re interested in RE
Do you know how the all-in comp changes between these groups?
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