Q&A

Do investment bankers get depressed?

Do investment bankers get depressed?

Although research about depression among bankers and investment professionals is still a little thin, there is growing concern over the high suicide rate. In fact, management, business and financial operations professionals are included in the top seven industries considered high risk for suicide.

How do I survive investment banking?

11 survival tips for analysts and associates in investment…

  1. Never ask for work.
  2. But don’t get comfortable.
  3. Ask for help, but try to avoid bothering your manager.
  4. It is, sadly, really all about the team.
  5. Don’t get drawn into competition with your peers.
  6. Have a clear career plan.
  7. Move around.

What is it like to be an investment banker?

Investment banking is one of Wall Street’s most coveted roles. It is also one of the hardest. It is no surprise that the average day in an investment banker’s life is long and stressful. Those who manage to survive the adjustment period often go on to have long and financially rewarding careers.

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Is investment banking the hardest job on Wall Street?

Investment banking is one of Wall Street ‘s most illustrious and coveted professions. It is also one of the hardest, at least in terms of hours on the job and reported stress. It is no surprise the average day in the life of an investment banker is long and stressful.

What does a junior banker do on a typical day?

On slow days, a junior banker may have time to catch up on the news and sports, but there is not much opportunity for social media since most investment banks put up firewalls to block distracting websites. Unless the day is very busy, lunch is a leisurely 45-minute or hour-long stretch at a local deli or the company cafeteria.

How many hours a week does an investment banker work?

According to Andrew Gutmann, former investment banker and author of “How to Be an Investment Banker: Recruiting, Interviewing, and Landing the Job,” the typical investment banking associate or analyst “can routinely expect to work 90-100 hours per week or even more. A typical work day during the week might be 10:00 a.m. until 2:00 a.m.”