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https://sellsidehandbook.com/2016/10/15/hours-really-bad-investment-banking/#:~:text=For%20100%20hours%2C%20most%20investment%20bankers%20will%20hit,and%20certainly%20not%20feasible%20on%20a%20regular%20basis.
https://www.wallstreetoasis.com/forums/the-120-hour-week
Once you get past 100 everything goes to hell anyway, nobody is counting. But yeah, the number 120 is thrown around a little too loosely, I would agree. 65-105 hours is probably a more accurate range for how much a banker will work in a given week. I would say 75 …
https://sellsidehandbook.com/2016/10/15/hours-really-bad-investment-banking/
Bankers are not “cranking” for 120 hours a week. Investment banking is a sales job – at the junior level, you are supporting a sales job – and works in line with the whims of the client. This means that inquiries at 2AM must be addressed and conference calls may have to interrupt sleep at 4AM.
https://www.mergersandinquisitions.com/investment-banking-hours/
Investment banking hours are much longer than those in other jobs because of four main reasons: Huge Clients Pay Your Bank Huge Fees: When a company is paying your bank $50 million, $10 million, or even $1 million to advise on a deal, you have to do whatever it wants at any time of the day.
https://www.quora.com/Are-the-hours-in-investment-banking-exaggerated
From what I've seen, the investment banking hours of 120+/week that we hear about has some truth to them but are largely told for dramatic effect. Think about it for a second. 120 hours a week means 17 hours per day, 7 days a week.
https://bankingprep.com/ib-working-hours/
1. How many hours do investment bankers work a day? The average working hours of an investment banker is reported to be around 60 to 80 hours a week.Getting any deals done in the investment banking world requires a lot of manpower since there are actually a lot of moving pieces in mere simple financial transactions. In some cases, analysts reported their working hours reaching 100 hours a week.
https://www.buysidehustle.com/the-truth-about-investment-banking-hours-myth-vs-reality/
Investment banking hours each month of the year Just like a lot of other industries, there are parts of the year that are generally really busy and other parts of the year that are slow. Typically, the summer is the slowest part of the year as management teams and MDs are out vacationing in …
https://nypost.com/2021/03/18/goldman-analysts-make-deck-begging-to-work-only-80-hours-a-week/
The complaints come from 13 first-year analysts in Goldman's investment banking group, who surveyed themselves, according to a presentation that is making the rounds on social media.
https://www.reddit.com/r/FinancialCareers/comments/g4yjd0/explaining_the_investment_banking_hours_range/
60 hours a week is pretty survivable (many finance careers require 60 hours). You can still get 7 hours a day and one weekend day off. 80 hours a week is pretty brutal, you're probably only getting 5-6 hours of sleep and you'll be working every day. I estimate that 10-15% of your time is typically going to be down time, so maybe up to an hour ...
https://www.efinancialcareers.com/news/2018/01/working-hours-banks
While hours in most industries have been steadily falling for years, Wall Street Oasis suggests that average working hours in banks rose last year. In 2019, they averaged 73 at top banks. In 2020, they were 77. - Working from home during the pandemic …
https://www.wallstreetmojo.com/investment-banking-hours/
What is Investment Banking Hours? On average, an investment banker works for 80 hours a week. Yes, there may be some weeks where their working hours may go around to 100 hours a week. The working hours will also differ for different positions of employees. With time, some banks have begun to realize the need for “no work on weekends”.
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