As we all know, investment banking analyst programs at bulge brackets is starting online/virtually. Some banks have told their employees that it is WFH optional for the rest of the year.
Is it even likely we will be called back to the NYC office this year as an incoming first year full-time?
I know no one has an answer, but I thought it would be interesting to hear people's thoughts.
| +135 | How to stop feeling like shit for not making it in IB? | 52 | 3h | |
| +100 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 46 | 2h | |
| +66 | Updated LA Banking Scene (2024) | 49 | 4h | |
| +54 | Why Is It Called Investment Banking? | 19 | 15h | |
| +38 | Ranking banks that went under | 19 | 9h | |
| +31 | UBS Actual Buyside Exits 2024 Post-Integration | 9 | 2d | |
| +29 | A strategy for SA applicants late to the game like myself | 13 | 0 sec | |
| +29 | Relevance of A-Levels for U.K. London recruiting | 21 | 4h | |
| +29 | Burnt Out M&A ASO | 14 | 4m | |
| +26 | Series 79 Help / Tips to Pass The First Attempt | 11 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Honestly i doubt it, if schools aren't opening up they won't open offices
At best we they'll open up the office to say 50% capacity, and that 50% id imagine would largely be composed of more senior people
Junior employees will likely be in the office before senior employees but my BB hasn’t even started to think about when we’re coming back.
Lots of firms are “optional” but most of the teams will be going back, obviously if you’re high risk it’s different for you, but across the board once 1 senior person goes back all the juniors will feel pressured to do so.
Also, as of today, NYC is doing great in terms of cases and positivity %, so I am not too concerned about going in (going to uber instead of subway though). I’ll be going in personally.
This ^ I already could guess the 2 senior people in my group that will be there minute 1 of us being allowed back...
And if the rest of the analysts/associates have decided to come into the office and you’re at home, probably won’t have to worry about coming in... (obviously not talking about people with legit reasons to hold off going in)
My group head keeps saying oh yeah it’ll be optional for the group based on your personal comfort level and individual circumstances even if the bank starts bringing bankers back. Lol if that were true, I’ll see you in 2022 (maybe the Christmas party of 2021 just for fun). Reality- once I hear my MD is rolling in on Metro North, I’m on a fucking blade, car, horse back to New York. And will probably play it off like I’ve been in the office a couple days already (depending on who else is there and might rat me out). If there’s one thing I’ve learned is to always try to big dog a story with the MD so might end up being more like “I’ve been in the office by myself since mid-March like fucking Tom Hanks in Terminal living off the vending machine and the abandoned cafeteria using the gym shower”
.
The waves going up and down are really going to determine things, so I’m leaning towards unlikely. Also, remember that there are strict protocols for traveling into NY at the moment, and that many analysts have left the city (as well as the fact that many of the incoming haven’t even found housing yet and will have a difficult time doing so).
Cumque modi corporis labore voluptatem rerum explicabo. Inventore sit facere accusamus laboriosam. Est aliquam et delectus velit.
Similique rem magni mollitia soluta quam omnis. Vero voluptate ut praesentium et in inventore.
Illum et iure eveniet ut ad. Tempora architecto dolores est repellendus aut quia. Explicabo corrupti officiis molestiae omnis omnis. Voluptatem laboriosam similique nihil animi vel aut.
Voluptas sit doloribus iusto quia. Cupiditate earum cupiditate tempora eius cum ad illo. Est corrupti tempora facere id et. Iste voluptates omnis laudantium voluptatem. Rerum enim velit sunt nisi libero.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...