Do investment bankers work 80 hours a week?

The average working hours of an investment banker is reported to be around 60 to 80 hours a week. For the most part, you can expect to have at least 70 working hours a week; and even that is stressful enough considering the average working hours for other vocations is around 40 to 50 hours.

How many hours a week do investment banking analysts work?

Investment banking analysts generally work 80-110 hour workweeks – expect to have very little free time outside of the office, especially during the first year on the job. (Yes, that includes most weekends!)

How do you manage 80 hours a week?

How to Survive 80+ Hour Working Weeks

1. Ensure You Have a Healthy Sleep Schedule.
2. Try to Include Some Sort of Exercise Throughout the Day.
3. Have Leisure Time and Breaks.
4. Create a Schedule for Each Day.
5. Afternoons.
6. Evenings.

How do investment banks work?

Investment banks are best known for their work as intermediaries between a corporation and the financial markets. That is, they help corporations issue shares of stock in an IPO or an additional stock offering. They also arrange debt financing for corporations by finding large-scale investors for corporate bonds.

Do you always work 80-100 hours per week in investment banking?

You do not always work 80-100 hours per week in investment banking. Hours tend to be lighter in groups like Equity Capital Markets since deals and workflow are more predictable. You won’t have much of a social life on weekdays, but you also won’t be staying at the office until 2 AM all the time.

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.

Is 80 hours a week in the office too much?

But it’s not quite as insane as it sounds because 80 hours in the office might equate to 60 hours of “real work” due to significant downtime. There are exceptions, and some firms and groups do more “real work” than others. Investment banking hours are much longer than those in other jobs because of four main reasons:

How many IB analysts does Goldman hire each year?

For context, Goldman Sachs hires hundreds of IB Analysts each year, and there are several thousand IB Analysts at all banks worldwide. Going into the current crisis, some people expected that work hours would improve because there would be less “ face time ” (i.e., pressure to stay in the office late for no reason).