Do people at Moelis really work that much?
This forum always talks about Moelis being a sweatshop, are they really working that much more than other EB's or top BB's?
I can't imagine it's that much different?
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Nah bro it's just hype. You should totally join and see what happens.
I'll just say that 4 associates in the LA office left in the past couple of months. That's 1/3 of the associates in the office.
Can confirm on associates leaving - [Deleted incorrect info on class size]
Hearing that it may be even worse than that.
12 per class just isn't true lol. Check Linkedin.
What makes you say you can't imagine it being much different?
Anyone have info on how Moelis SF stacks up to NYC and LA in terms of wlb? Have heard it’s better but not sure
Not any more than analysts at other top banks with significant deal flow, and less than most groups at GS. Culture seems to have changed a good bit since the infamous staffer email leaked and increasing analyst class sizes.
can echo that this is true
They pitched for a deal I worked on and we had more pre-pitch calls with the Moelis guys than every other bank we talked to combined.
So yeah, probably
Did they win the pitch?
What was the reason behind having so many calls?
Moelis is a bunch of hardo cuck losers. Imagine willingly going to a sweatshop bank that does bed checks at 3am to ensure bankers are still working.
I'm sorry the Moelis superday didn't work out for you, keep your head up and keep grinding on those technicals.
Hmmm... During WFH, I’ve never seen anything remotely like this ....
Current hours are 9am to 2/3am and around 5 to 20 hour weekend work but I assume this is similar to other banks that have a very strong deal flow.
Not much pitching; usually all live deals. You get more responsibility early as well, so you interact with clients directly, which also adds some hours more.
Overall people are nice but occasional all-nighters really sucks.
Is this for NY? How much would you say hours vary by location?
Not for NY but the hours will be +1/-1 around the time I have mentioned. Usually the london offices are less intense compared to other regions for all banks I feel
This for LA office?
We did a bake off against them and lost, I heard that Navid pitched a TRIPLE parallel process of SPAC process, Equity Raise and potential division sale.
That was for a ~2bn company that, while not close to bankruptcy, had definitely fallen from grace - not exactly trying to displace Lazard at Google here...so yea, you do the math...
It's no lifestyle bank but it's also not an extreme outlier.
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