Mergers and inquisitions interview guide

Hours can be longer depending on the week, but generally, you can expect a better work-life balance than investment banking analysts with more time to focus on your personal life and health. The work hours do improve after moving to the buy-side with hours typically ranging between 60-80 hours a week and working weekends tend to be uncommon. Private Equity, Hedge Funds, and Venture CapitalДЄfter enduring the long hours of investment banking for 2-3 years, people often look to move to the buy-side to work at private equity firms, hedge funds, and venture capital firms to continue theirВ finance careers. Client meetings, preparing presentations, and drafting documents will take up most of your time. While traveling on the job does sound exciting, it is not exactly the same as a vacation. A management consultant often travels every week to meet their clients, so be prepared to spend your nights in hotel rooms and on flights. However, it is important to note that traveling is a major component of the job. You can expect to work between 60-80 hours a week with weekends usually free. The pay is slightly less than investment banking salaries,В but work hours tend to be more relaxed. Management consulting can be considered an alternative entry position to theВ finance industryВ as opposed to investment banking. Because of these long hours, it is no surprise that the work-life balance of junior investment banking analysts suffers dramatically, and many feel mentally and physically drained and their relationships with friends and families are negatively impacted despite their high investment banking salary. You are expected to keep up with requests from clients, co-workers, and senior bankers throughout the day with responsibilities such as updating models, preparing PowerPoint presentations, drafting emails, and more. As anВ investment banking analyst, you can expect to work between 80 to over 100 hours a week (hours vary depending on the firm), often starting your day at around 9:30 am and ending past midnight and working weekends are fairly common. The six-figure average startingВ investment banking analyst salaryВ is no doubt attractive, but the hours are also incredibly long and difficult. LetвЂ™s start off with one of the most sought-after entry positions in the finance industry В investment banking analyst.В As an ambitious undergraduate student looking to pursue a career in finance, an investment banking analystВ position at an investment bank is one of the best roles to jumpstart your career. In this article, we discuss the work-life balance of different roles in the finance industry to help you figure out whether a career in finance is right for you. Aspiring students in finance chase the prestigious roles in investment banks, hedge funds, private equity funds, and other top financial institutions because of the high compensation, but many arenвЂ™t fully prepared for the long hours they are expected to work week in and week out. A career in finance is one of the highest-paying jobs in the world, but a six-figure investment banking salary doesnвЂ™t come easy.

Mergers and inquisitions interview guide