How many days off do investment bankers get?
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How many days off do investment bankers get?
If you’re an associate or higher-up, you have more flexibility with vacations – but remember that 1st year associates are treated the same as 1st year analysts. Usually you get a week off, and sometimes slightly more if you phrase it the right way (hint: “10 days” sounds much shorter than “2 weeks”).
How many hours do investment bankers really work?
Across the industry, average investment banker hours are between 70-85 hours per week. No matter how you slice it, that’s a lot of time to spend working.
Do investment bankers really work 100 hours?
A typical investment banking analyst can expect an 80-hour week. Yes, there will absolutely be weeks where you will work a hundred hours, but those weeks are outnumbered by 80-hour weeks.
How many hours do investment bankers sleep?
Originally Answered: how much do investment bankers sleep? Investment Bankers clock 90-100 hrs a week on an average during their analyst days… I’d say they probably get 5 hrs of sleep a day !
How many hours a week do investment bankers actually work?
People in Investment Banking tend to inflate their hours a bit, and no one is working 100+ hours a week consistently. A good portion of my analyst class averaged about 75 hours a week for people in coverage groups and Lev Fin and about 85 for people in M&A.
Are investment banking hours really that bad?
Yes, investment banking hours, especially in your first year or two, are always bad (think: 70-80 hours in the office per week). But junior bankers also tend to exaggerate their hours, often by not subtracting downtime or breaks during the day.
How much do investment bankers get paid?
On a per hour basis, investment bankers are not paid nearly as well. With most analysts and associates working over 100 hours per week, their hourly wages can range anywhere between $25-$35 per hour.
Are investment banking fees the same for every deal?
They will also differ greatly, depending on your deal type (i.e. sell-side M&A, buy-side M&A or capital raise). However, the general spirit of investment banking fees remain the same, but the overall costs and justifications for them can vary greatly.