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Old 03-09-2005, 04:53 PM
admo415 admo415 is offline
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Join Date: Oct 2004
Posts: 64
Default Re: Thoughts on Investment Banking

Both highly prestigious finance jobs, that is what I took from "similar careers should I look at as backups".

I am actually going into IB. Worked at a bank last summer, starting full time in July. It is bad hours yes, but not as bad as you hear sometimes. People that say average hours of 100+ are crazy; it is more like 85ish on average. You will have crazy weeks, when a project is due, my highest was 115 over the summer, but you gotta do what you gotta do, right. Btw, this all comes from working in New York, the hours and lifestyle are generally better at other locations, but the resume building aspect is the best in New York. Most people are doing IB for a couple of years, then trying to get into Private Equity, which is better hours/better pay than IB, but you generally need good work experience to land one of those.

Adam
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