Which of the banks have the longest hours?

Have heard Moelis is tough, heard both long and decent hours depending for Lazard and Evercore, decent hrs for Greenhill, and the bulge brackets seem very group dependent

What about the middle markets like houlihan, jeffries, blair, Robert Baird, etc?

32 Comments
 

the thing i just wanted to confirm some things, because i remember reading contradicting posts that blackstone, centerview, evercore, and lazard had "great hours" as well as "brutal hours." even saw a post from presumably a former lazard analyst that mentioned it had no facetime/wasn't tougher than any other bank so i wanted some clarification wrt the different posts around here

 
pivot1990You idiot each group will work you hard.. if you don't want to work, don't choose IBD as a job. You don't deserve a job in iBD.

Like he said.

 

Someone saying Lazard has no facetime is not necessarily a plus, because when you're in the office, they expect you to be working the entire time. Another bank and group and you may be in the office for 90 hours but it isn't brutal. Lazard, you're sweating the entire 90.

I am permanently behind on PMs, it's not personal.
 
Best Response

I'll echo LAZ and GS. I've heard mixed things about CS- sponsors and tech are apparently pretty bad, but the rest seems more reasonable. I have heard the no-facetime rule applies to Moelis as well; but everybody is generalist there, meaning if there is work in the bank, you could be staffed on it.

HLHZ is also pretty tough from what I hear- even non-restructuring groups.

Anyone know the best BB hours/chillest culture? The "best hours" are of course the groups that are collapsing and have no deal flow, so I felt the culture component might better convey the point. Maybe "Best hours in a respectable group"?

 

UBS has the worst hours, everyone left and there's soooooo much pitching. 0 live since seniors left. but pitching never ends. uwill pitch till u drop and there's not enough people since every day someone leaves, about 100 hours for some groups.

 

I don't think the data is perhaps very representative but I'm sure there's some truth to it. Kind of surprised we're not seeing sweat shop Lazard up there

 

I'll help you out lil cubby. Here are the average hours worked by MBA associate per firm per stratified random unbiased sampling.

Jefferies - 35 hours/week Piper - 36 hours/week Lazard - 45 hours/week JP Morgan - 55 hours/week Morgan Stanley - 65 hours/week Fidelity - 30 hours/day Goldman - 35 hours/day KKR - 40 hours/day

 

Hey all - Kevin from TransparentMBA here. You can see the hours, satisfaction, and travel % breakdown by company for IB, Consulting, and any other career MBAs feed into at our site. Can't post a link BC I'm a newbie but you can just Google it. Enjoy!

 

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