Differs by group and bank. Things like deal flow, culture, FaceTime expectations, and headcount all factor in. That said, I've noticed the "100 hour work week" has become somewhat of a false brag in the banking community.

Almost a year into the job and I think I've worked maybe 6-7 100 hour weeks.

 

Def depends on the bank. IF the group is doing really well with multiple deals and all, then expect full steam ahead. If not, then yeah, it's chill

 

I think most of the time the "100" hour weeks or even the "120" hour weeks is something that people cite because it happened to them maybe once or twice- its legitimately impossible to work that every single week and everyone knows it. A lot of older guys like to say it because they think it makes them sound bad-ass.

Although I do hear that MoCo and Lazard still have pretty crazy hours, but still its mostly a once or twice thing with those extreme hours.

 

I did a 140+ hour week once when I was working on the group's largest potential sell-side transaction in history. Had to make the perfect deck and had to do most of the work so it was tough. This was not WFH though. WFH now means a lot more bus dev but way more work than usual due to the number of clients we're trying to meet with

 

Pretty bad lol. People on this site always try to make work life balance distinctions between the EBs. At every single EB, you will get worked to the bone because that’s what these firms are by nature of the business model. Are people at PJT/EVR/CVP working significantly less than the “sweatshops” like MoCo and Lazard? No way.

 

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