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re: How do you feel about young NY investment bankers being worked 80-100 weeks?

Posted on 5/11/24 at 7:16 am to
Posted by Crowknowsbest
Member since May 2012
25901 posts
Posted on 5/11/24 at 7:16 am to
They know what they’re signing up for. I will say that the people who tend to stay in an investment banking long term are typically hardo types without many interests outside of work, and they eventually become the VPs and MDs who set the culture and workload for juniors. A looooot of the hours and tasks are completely unnecessary and specifically created to make juniors lose sleep, but they’re signing up for that.

The juniors with options outside of IB and interests outside of work tend to leave after 2-3 years. It’s easily worth 2-3 hard years for those that take that path and parachute out.

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