Investment Bankers Lifestyle - Investment Banking by edu CBA

Want to be an Investment Banker? Investment But how well do you understand the Life of an Investment banker? Banker Life Wouldn't it be great if you have a clear picture about what your life will be as an investment banker? Don't worry I am going to help you out with this. Downsides At an Associate level number of working hours could range from say 80-90 hours per week, from 9.00 am to 11.00 pm and working either of the day on weekends Working for 100+ hours a week, including weekends When it goes higher up the chain at a Vice President level the hours would improve. VP's, if at they have to work on weekends or late nights, can do it from home. Work is not constant and would vary from working on the pitch books, financial models etc. Managing Directors have a significantly better work schedule when they do not travel they could report at 7.00 am and leave by 6.00 pm. But, MD’s have a lot of travelling to do perhaps 3 out of every 5 days on average Work majorly is done on Excel and presenting your models effectively in a power point presentation. Upsides Salary and Exit Skills Bonuses Opportunities The fat salary and the bonuses which could go up to three to five time You would be exposed to top business leaders and know how they It could be a great help if you want to look for other finance careers such salary makes ór all the hard vork you put in. think, create strategy as private equity, venture capital and hedge funds. and the thought More than the number of working hours it is because o unpredictability of the working hours which makes it errauc. You do not have any control over your social life and have to be available day in and day out. processes behind their decisions.