I understand that many I-banking analysts leave for other opportunities after two years as an analyst. I also understand that in many cases, they do not want to deal with the unbelievable hours and stress. Most of what I hear is that these analysts leave for private equity or hedge funds. However, I have heard many stories about the hours being not much better, if at all, and even more stress. I realize that this all depends on where you work and for which compnay, but is it just as likely (in general) that your pe and hf jobs after you leave i-banking will require hours almost as long and be more stressful than being an analyst? If so, then what do some of these former analysts who do not want long hours anymore do? There have to be more exit opportunities than just pe and hf (and hopefully some with a lighter work schedule).
I guess I am looking for anyone to post what their former-analyst friends who did not go into pe or hf decided to do.
Any input would be greatly appreciated.