What does a day in the life of an investment banker look like?

An associate may have time to shower, eat breakfast, and even work out before heading to the office. Since the vast majority of investment banking jobs are located in cities, many face a long commute. Morning work is often slower and more methodical than evening work.

What is the daily work of an investment banker?

An analyst’s day is typically occupied with doing research and writing reports. Investment banking analysts usually become world-class experts at generating spreadsheets in Excel. They are also often responsible for handling their supervisors’ schedules and fielding phone calls from clients.

How many hours a week does an investment banker 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.

Is being an investment banker hard?

Investment bankers can work 100 hours a week performing research, financial modeling & building presentations. Although it features some of the most coveted and financially rewarding positions in the banking industry, investment banking is also one of the most challenging and difficult career paths, Guide to IB.

What are the advantages of Bulge Bracket investment banking?

If you do have a competitive profile – see the how to get into investment banking guide for the details – then many people argue that the bulge bracket banks offer the following advantages: Better Deal Experience – You’ll work on larger and more complex deals and do more “real” financial modeling and technical work.

Should you work at a bulge bracket or elite boutique?

First off, you will probably not get better deal experience if you work at a bulge bracket rather than an elite boutique. Both types of firms work on relatively large, complex deals, but team sizes are smaller at elite boutiques, so junior bankers get more client exposure and more “real work.”

What is a typical work day for an investment banker?

A typical work day during the week might be 10:00 a.m. until 2:00 a.m.”. The general public is full of misconceptions about investment banks, which help companies or governments raise capital through debt and equity financing.

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.