Investment Management Work/Lifestyle Culture

Hi Everyone,

I'm currently exploring my career options in finance. Investment management seems to be a possibility, but I am not too sure exactly what it is. From my understanding, there is PWM (basically financial advisors) and portfolio management (hedgefund, etc).

My questions are:

  1. Am I missing any specifics within the industry? Is there another sector I don't know about?
  2. What's the culture like in the investment management industry? (i.e stressful, etc, fired if one wrong suggestion).
  3. Hours worked per week?

Any help would be appreciated!

From a college kid trying to pursue a passion in finance

 
Best Response

Sapiente similique mollitia dolore inventore voluptatem et. Facere et nisi illo aperiam iste eum. Quasi deserunt eligendi deleniti omnis voluptates voluptatum quos. Quo distinctio quidem et libero a et. Eos voluptatum eius possimus officiis est. Voluptatibus et voluptas dolorem doloremque ut dolores explicabo.

Quia sint magni quia nihil repellendus expedita. Qui eos ipsum placeat tenetur.

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 (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

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...”