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Message
re: How do you feel about young NY investment bankers being worked 80-100 weeks?
Posted on 5/10/24 at 9:20 am to TigerCoon
Posted on 5/10/24 at 9:20 am to TigerCoon
quote:
So, they accepted jobs that they knew required crazy hours, and the companies expected them to put in crazy hours.
Shocking.
This. I'm former military and have worked in IB for over 5 years and knew exactly what I was signing up for. I still work a ton, but it's nothing like the first 1-2 years in.
Also, all of these reports about people working 120 hours are complete BS. Sure, there are extremely busy periods where analysts / associates are putting in ~90-100 hours per week, but that is the exception, not the norm.
Nobody, and I mean nobody, is doing that over a sustained period of time.
RIP to the guy who passed away, leaving behind a young family.
1
Posted on 5/10/24 at 10:15 am to Azazello
quote:
Also, all of these reports about people working 120 hours are complete BS. Sure, there are extremely busy periods where analysts / associates are putting in ~90-100 hours per week, but that is the exception, not the norm.
Nobody, and I mean nobody, is doing that over a sustained period of time.
I'm in corporate law at a big firm, and it's the same. Are there people actually billing 2300 hours? Sure, but they're the exception.
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