- 3,129
- 2,746
depends on the season but 40 to 50
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It is. I know that Lazard's Real Estate group puts in around that. Around 100 even when it's slow. It's also one of the hardest IB groups to get into out of undergrad.Originally Posted by Dmvbatman
Originally Posted by wcghost
my friend's brother in investment banking (forgot the firm, but its in NYC) works 120 hours a week. Dude hates his life but that's $300K+. NO BS.Originally Posted by Dmvbatman
a week?
funny thing was, he wasn't even a business major either; he was an engineering/computer science major.
that can't be possible.
Originally Posted by HankMoody
It is. I know that Lazard's Real Estate group puts in around that. Around 100 even when it's slow. It's also one of the hardest IB groups to get into out of undergrad.Originally Posted by Dmvbatman
Originally Posted by wcghost
my friend's brother in investment banking (forgot the firm, but its in NYC) works 120 hours a week. Dude hates his life but that's $300K+. NO BS.
funny thing was, he wasn't even a business major either; he was an engineering/computer science major.
that can't be possible.
Originally Posted by ThrowedInDaGame
Originally Posted by HankMoody
It is. I know that Lazard's Real Estate group puts in around that. Around 100 even when it's slow. It's also one of the hardest IB groups to get into out of undergrad.Originally Posted by Dmvbatman
that can't be possible.
I can vouch for a few numbers here.,
Full disclosure: I work for a bulge bracket investment bank in NYC so I'm pulling 90-100 hours.
120/week on average is a lie. Nobody works that, not even at Lazard or Moelis/(insert intense boutique). Key word is average. You could have several 120 hour weeks during your first year as an analyst especially if you are on a bunch of time consuming deals.....sell side M&A transactions FTL.
However, you will have your share of "light" weeks too. What makes IB bad isn't the hours, its the fact that they are not consistent. You could work 80 one week and 100 the next. So it's hard to have a fully functional social life.
I know guys who pulled 3 am nights.....DURING TRAINING
Originally Posted by remix
50-70 hate it too
ya wouldnt doubt that he pulled a 120 or two. but people always exaggerate that stat in i-banking, even i have done it when talking to my buddies about itOriginally Posted by HankMoody
One of my best friends, who works at RBS, says one of his college roommates (Wharton) had to work those hours at Lazard. Maybe it was just for a few weeks.