Trending Content
| +152 | How to stop feeling like shit for not making it in IB? | 57 | 47m | |
| +115 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 58 | 24m | |
| +80 | Updated LA Banking Scene (2024) | 57 | 20m | |
| +38 | Ranking banks that went under | 20 | 5h | |
| +34 | Burnt Out M&A ASO | 18 | 3h | |
| +32 | A strategy for SA applicants late to the game like myself | 15 | 12h | |
| +29 | Relevance of A-Levels for U.K. London recruiting | 21 | 17h | |
| +26 | Series 79 Help / Tips to Pass The First Attempt | 11 | 2d | |
| +26 | Intern Ettiquette | 4 | 14h | |
| +23 | What are hours like at BBs in London? | 47 | 14h |
Career Resources
I personally did travel. I didn’t have many options in the first few months besides maybe something within the city I worked. A few months in I was kinda required to travel for work/deals and then a year in became much more regular for client meetings in person (nearly all in my local city because of the teams I working with I guess maybe and also the fact that most clients seemed to have a presence in our city). Just my limited personal experience. The frequency depended on what was going on but it felt fine. Generally it was nice because the client meeting was kinda like a full day / half day event in some sense. But sometimes it was tough when I was jammed with other work and also needed to travel extensively while doing that work. From what I saw, I think the more senior and the more responsible for revenue a person is, the more travel was needed to go out and sell the bank.
Thank you, very helpful. Are you in coverage or capital markets?
You responded to a bot. I invite you to read about GPT-3. https://en.wikipedia.org/wiki/GPT-3
I was a generalist analyst at Moelis
Analysts travel economy class from apartment to office and back regularly.
Agreed. Plenty of uberx, walking and subway definitely was most of travel lol
Hey Ben, why did you decide to leave Moelis and what was the point you realized you didn’t want to be a career banker
The only travelling you'll do is at LA Fitness for Men's league basketball
Knew an analyst (granted a top bucket) that did some site visits. Another who went to some roadshow meetings
I travelled even during covid. I have been to 5 countries so far this year (some several times) and planning to add some to the list.
if you can WFH from some Caribbean island, Huawai or the Canaries / Mediterranean islands that would be ideal as long as time zone is similar - for this reason Bali may be a bit out of reach unfortunately.
edit: sorry just realised you meant work travel. Yeah some of the associates at my firm used to go to Japan Dubai etc quite often
I travel when a visit is within decent proximity. There are visits where the MD might feel it unnecessary to bring a junior banker. Every MD will be different; my MD had me focus on taking lots of notes and reading body language.
When I was in M&A I traveled for deals. We would travel for management presentations, site visits and sometimes also for final in-person negotiations to hash out any remaining deals (these are probably done over the phone nowadays). Also of course closing dinners. We would bring our analysts to all of these, and sometimes say for site visits they might have just been handled by the analyst.
On the bus in the morning
Would it be accurate to say that the smaller the bank/team, the more traveling the junior bankers do? Is there a correlation?
Iure laudantium accusantium numquam quam. Molestias et suscipit officiis delectus voluptatum ut hic.
Alias et nam sit quos sit. Expedita ut voluptatem rerum totam nam atque temporibus. Voluptatem magni voluptas omnis voluptas nulla nulla impedit. Qui magnam non distinctio.
Aliquid pariatur quia error libero est. Sit inventore cumque repellendus neque quam placeat autem. Et error quam voluptatem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...