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Vault Message Board: Investment Banking

Topic Name: What does an analyst do? Typical Week
Message Name: Sounds good. People
Date Posted: 05/24/2000
In Reply To: "Typial Day" Arrive at 9:45AM - Check email, vault reports messages, voice mail, etc. 10:00-11:00AM - Finish up/check whatever crap that I could not finish last night. 11:00AM-12:00PM - Get more crap to do from associates. Delegate all work to the word processing center, research, etc. 12:00-12:45PM - Lunch in the cafeteria 1:00PM-4:00PM - Spent most of the time processing unfinished crap from the morning. Perhaps spend like 1-2 hrs surfing the net while working. Maybe another 20 minutes annoying other analysts 4:00-6:00PM - Crunch time. Really get the crap done. VP/MD/etc drops off more crap to do. 6:00-7:00PM - Take first crack at new garbage 7:00-8:00PM - Eat 8:00-11:00PM - If the new crap is not important, then I either delegate or finish up and get out. If its important and has to be done by the AM. then maybe my day extends until midnight/1AM or so. Again, there is no typical day, but as one can see, the AVERAGE day is about 12-14 hours, 4-6 of which nothing gets accomplished. There are days where every second is spend working and days where every second is spend on the phone/net/etc. Face time is a reality. If you leave early, people will talk about you leaving early. All on has in this industry is his/her reputation since everyone does the same dreary dry analysis. Some are quicker and more accurate but at the end of the day, its all the same crap.
Message: Sounds good. People think that the hours are bad, and yes they are, but in reality, sometimes you're just waiting for something to come back from the VP or whatever. So you're not always working your ass off; it's not like studying in college for 14 straight hours or anything.

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