Which finance jobs have 60 hours (or less) as a typical work week? (Note: I said typical, so I don't mind if the job occasionally has significantly longer hours, such as one week a month with 80+ hours.)
P.S. In case anybody cares why I'm asking, and in case this stops me from being flamed, lately I've been thinking a lot about work-life balance. I totally understand why a lot of WSO participants are willing to work 80+ hours a week, they get interesting/fulfilling jobs that pay extremely well. I definitely want my job to be interesting/fulfilling, but I am willing to accept a lower salary. If I could make $100K-$200K by the time I hit 30-35, I think I could be pretty happy with that, even if the pay tops out in that range (assuming I like my job and work 60 or less hours a week). It's not so much that I hate working extremely long hours (which is actually what I'm doing right now in grad school). It's more that I have a hard time balancing my health and my social life when working long hours. I just find it way easier to work out frequently, eat healthier, hang out with friends often, date, etc. when I'm working 40-60 hours a week.
Financial Analyst Working Less Than 60 Hours a Week
When going into financial careers, especially those on Wall Street, considering the work life balance is important. Like the OP, some people do not want to subject themselves to consistent 80+ hour work weeks. Luckily there are a variety of options for those that want to have a finance job that works less than 60 hours a week. Our users discuss some options below.
Asset Management Jobs
Long only equity asset management - you don't work a lot of hours. Just be prepared to spend a lot of time reading on the weekends - articles, books, trade publications, etc. If you get with a low turnover shop, you are only adding a few stocks a year. You really don't need to churn out work.
I 2nd asset management. Some of these people make crazy money and work 40 hrs a week and lots of vacation time. But at the same time turn over is low so its hard to get in.
Sales and Trading (S&T) Careers
Especially after the first few years, most S&T employees work hours like 6 am - 6 pm. However, sometimes you will be entertaining clients at night if you work on the sales side of the equation. This is a great option if you want to be close to the markets and a more traditional Wall Street role.
User @Frank Slaughtery shared that S&T jobs are typically 12 hours a day Monday through Friday.
Fortune 500 Corporate Finance Work
Corporate finance offers a wide range of options from working in corporate development type roles, budgeting, planning etc. Our users shared their thoughts below.
If you're ok with the lower end of the $100 - $200 K range - F500 finance might be the way to go. Some of the positions will be very interesting, some (especially at the lower levels) can be pretty bad. That being said right out of school there are some kick ass rotational programs that can allow you to travel the globe and get great experiences.
F500 corp fi - for a chosen few, upside potential is virtually limitless - read the proxy statements of publicly traded companies (even small caps - not just F500). 7 figures is extremely common for CFOs. Other high level financial people (treasurers, controllers, directors of FP&A) go well above $200K.
I second F500 corporate finance. Also a lot of business analyst jobs if you are more technically inclined will be in the 50-60 hour a week range. Marketing analytical roles at credit card issuers are also not huge on hours and usually have nice base pay.
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