Moelis Hours
How are the hours in the NY office? Are analysts there really pulling 100+ / week on the reg?
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100 is a light week. Have heard horror stories for hours at all EBs, but could be due to more responsibility at analysts and lean structure of associates and above.
real talk. that 100 light week is total bullshit. hours are no better or worse than any bank. let's stop perpetuating the mystique around Moelis and getting crushed.
lean deal team? it's not like anyone but analysts do work so analysts always get wasted either due to incompetence of associates and vps or pathetic MDs willing to do any and all
Not anymore...the new class is 30 kids (up from 18) and this divides up the workload in a much nicer way now, they've added one protected vacation week for analysts every 6 months and the placements have still been just as great
2 weeks per year?? That's atrocious.
Its actually pretty standard in banking in NY...except that at most banks, analysts dont even take their 15 days. At Moelis they pretty much have to take the vacation now
People still believe in that 100+ hours thing...
I've done it, so can confirm that I do get weeks like that.
Have friends at Moelis. Do personally believe they work harder/longer than most. Will admit its tough to tell though because they tend to wear their hours as a badge of honor more so than others.
Associate hours at Moelis LA (Originally Posted: 09/27/2011)
Does anyone know what kind of hours one should expect as an Associate at Moelis LA? I hear NY is a sweatshop even by banking standards. Does anyone have a sense of actual hours worked there? What time would you usually leave the office?
I work at Moelis, I'm an analyst though. I'd say the associates' hours are long, but I don't think they are substantially worse than your average BB, and they have a much closer relationship with the senior people. I think some of it is a self fulfilling prophecy - at Moelis, the c-suite notices when you leave the office early. At Goldman, that's not the case.
I'm sure 100+ regularly is an exaggeration, but current analysts have told me it's a sweatshop even compared to the rest of the street
Will Moelis still have very long hours? (Originally Posted: 10/13/2010)
i hear Moelis has very long hours even compared to other banks but with the hiring of such a big analyst class would the work be spread around and the hours more closely aligned with street?
Maybe slightly less hours, but I doubt it.
I feel like they would only hire a large analyst class in correlation with assumed dealflow. Otherwise, what incentives does management have to drastically reduce the working hours of an analyst?
General rule for life: No one is ever going to let you have it easier than they did if they can help it.
Definitely not. They'll just pitch more. They wouldn't have hired a big class if they didn't think they had enough work to keep you all sleepless and bloodshot.
Non BB firm doing BB deals, not sure what that amounts to?
^^Who told you this? Consider the source dude. Not everything you hear is true.
Is it just me or do people think philliesphan should get a job and spam the boards with his dumb questions afterwards. Seems retarded to worry about this or do bank vs. bank when you don't have offers at any of them.
not sure why anyone cares at this point
don't people have any friends they can just chat with
My friend is an analyst at Moelis. They get absolutely hammered. Expect late nights in the office until 2-4 a.m.
have fun pitching lol hahaha losers
@CalvinC there is always work to do. i promise you Moelis is not exceptional in how much they work. in fact i think analysts there do believe they work harder than "the street" but they're just buying into hype. everyone works a lot unless you're in a crap group at a crap bank.
Give me a break. Those stories of 100+ hour weeks are largely isolated instances or complete bullshit. We're not talking about Lazard here.
What's so special about Lazard?
Are they counting their lunches, time at the gym, and commute?
Any update on recent Associate work hours and culture at Moelis? Would really appreciate if someone who has/ is working there could give their inputs.
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