Avoiding the Banker 20

Looking for some feedback on an idea: While living through analyst hell, it was apparent that other analysts and associates did not know how to take care of themselves diet or exercise wise. Plenty of people I knew put on the banker 20. Would a simple ebook/guide/online course ever be utilized to stay in shape or not get fat during an analyst program, or do people just assume they can handle it on their own without help?

 

Good thread about this very topic: http://www.wallstreetoasis.com/forums/i-dont-have-time-to-get-in-shape

In my experience, intermittent fasting has been very effective when combined with my weightlifting regimen. I guess the only challenging part could be dealing with the first day or two of food cravings from relative deprivation.

 
Best Response

People assume it'll be fine. The type of guy who wasn't a fitness nut in college (didn't play sports, didn't lift, had no real commitment to health through nutrition and exercise) has a rude awakening coming to him when the job starts.

When you're 19 and the worst stress in your life is a midterm every now and then or figuring out how to get into better parties, you can toss back three slices of pizza at 3am after another failed night at the bars without seeing any real change in your physical shape. Fast forward four years to the six-month mark in your analyst stint and all of a sudden it's a daily Chipotle burrito and carb-heavy, sodium-laden but flavor-rich Seamless dinner you bleakly look forward to all day as your small shining reward for surviving another day of torture.

You're under a far greater deal of stress and your cortisol levels are through the roof. Worse, the combination of 12+ hours in a chair daily, a nutrient-poor diet, no exposure to sunlight, no regular exercise, and an irregular or harried sleep schedule make a nasty cocktail for your body.

The banking lifestyle makes it truly impossible to maintain a healthy sleep schedule (regular sleep and wake times, with the bulk before midnight). It makes it very challenging to exercise appropriately. It makes it ridiculously difficult to keep a proper diet.

I saw a few groups of people.

  • Some never cared before the job, so they didn't once they were in the job.

  • Others didn't care before the job but did once they saw their deteriorating health. They fought a losing battle; it was basically impossible to find the time to learn how to properly exercise, to learn how to eat clean (what to buy, how to prepare it, how to get it into the office), and most importantly, to instill the discipline to carry through on it.

  • Others cared before the job but struggled to maintain the same commitment to health.

  • Others cared before the job and doubled down when they saw how tough the job would be.

I had an email chain with a handful of friends across firms who all kept each other sane. The bank I interned at had a gym in-building; that made that easier. The bank I did my analyst stint at did not. I got a 24-hour gym membership, did meal prep on Sundays for M-W dinner (didn't find things fresh by the fourth day, crummy fridge), ate sushi or grilled chicken entrees on Th-F, and either got Cobb salads for lunch or brought fresh fruit/veggie dishes in Tupperware from home.

Sure, I got a lot of weird looks from everybody for Tupperwaring my meals on weekdays, but half my analyst buddies ended up pestering me for workout advice within a couple months, and when I was shirtless at the summer retreat for volleyball and football, that really killed all the teasing. They mirin'.

I am permanently behind on PMs, it's not personal.
 

The only analysts i've seen gain weight are the ones who

1) Are so stressed they eat 2) They snack because they're in the office late 3) They are seduced by seamless and max out budget every day and eat like a pig

at some point, allure of # wears off, you learn to deal with stress better. Snacking is a personal thing. I ranged 170-195 during my junior years and my college playing weight was 180.

I control my snacking now so i am steady between 175-180. Also im getting older so harder to lose weight hah but alot of it is in your control

you don't need to become a workout nazi to maintian weight

 

Since your schedule will be so unpredictable as a banker, it'll be hard to maintain exercise habits or give steadfast fitness advice. In terms of diet, something that really helped me is the idea of pushing back your daily calories further into the day (not strictly intermittent fasting, but based on the same principles).

As an example, my maintenance caloric intake per day is ~2500. So in the morning, I'll have a cup of coffee (an appetite suppressant), which is enough to last me until lunch. When I start feeling hungry around noon, I'll eat a small portion of protein-dense foods and fruit - just enough so that I'm no longer hungry. By the time I'm ready to order Seamless, I've only eaten >500 cals and can maximize my Seamless budget without feeling guilty (ordering from one of the healthier restaurants). Plus, I can eat until I actually feel satisfied. I personally find this to be a lot easier than simply cutting away small portions of food from every meal and never really feeling full at any point during the day.

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 (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
numi's picture
numi
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...”