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April 30, 2024
9 Free Financial Modeling Lessons
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crickets
Everyone said to him, "You can't get everything that you want, you don't work hard enough." And you know what he said? "I know."
It exists...not likely in NYC
It definitely exist. The typical pre-MBA associate gets out of work at my shop around 7pm with no weekend work. Earlier if things aren't busy and later if things are busy. Nobody pulls all nighters (even right before deals close), nobody stays past midnight, and people have flexibility to take vacation or leave early to take care of personal things. The same schedule held true in my prior firm.
As a general rule of thumb, once you leave the major finance centers (NYC, London, etc.) and move down market (fund size wise), this sort of lifestyle becomes a lot more common.
I'll second this. Same at my current shop as well.
I'll third. I am typically out of the office around 6-7. Granted, I did work 80 hours last week including through the weekend and memorial day. But this week will be closer to 45.
I cannot verify, given that I have never worked in a major finance center, but I would imagine this holds true:
As a general rule of thumb, once you leave the major finance centers (NYC, London, etc.) and move down market (fund size wise), this sort of lifestyle becomes a lot more common.
Disclaimer: I am not making $300k (+-50%) and would accept that for longer hours and not look back. Also never did IB, so I am NOT complaining.
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