<p>So I have wanted to be an ibanker for some time now and this fall I'll be at stern majoring in finance. After reading all the posts inthe why Ibanking thread, I was baffled by the hours analysts are expected to perform. I just don't understand what can take so long to do every day, so can someone give an example of a daily agenda for an analyst ( including breaks and stuff). Also, this might sound dumb, but if wall street bankers get out at 2am, how do they get home( I would assume the subways are probably super sketchy at that time). Thanks in advance.</p>
<p>Yeah…I mean sooner or later sleep is a necessity…you can’t just work a ton and expect to do a quality job after a while.</p>
<p>Oh, and they can call a car home on the company’s tab if theyre in thate late</p>
<p>There is no daily schedule, you do what needs to be done. There’s always a new deal to pitch, numbers to crunch, presentations to put together… Everything is a moving target. Breaks? This isn’t Macy’s, there are no 2 alloted coffee breaks and an hour for lunch. Depending on what needs to get done, you may or may not go out for meals. Firms cover taxi rides home at night and you order in the meals you work through.</p>
<p>Interns and analysts work hard because they all want the next job. Only some interns will be offered a full time position. Going to Stern is a start, but for the good jobs you’ll have to be at the top there.</p>
<p>thanks for the replies. Also, how does iBanking in LA compare to iBanking in NYC? I know being at Stern won’t guarantee me a job, but I had always heard they were a powerhouse for this type of stuff, which is why I decided it would be a good fit for me. Maybe that wasn’t the smartest move? I was really hoping to get some internships while in school, which was another big draw. Hmom, I have seen on some of the threads here that you are a seasoned banker, can you tell me about your experiences [you can do it in a message if you like]? Also, where did you go to school?
Thank you in advance.</p>
<p>3pm- getting blasted by someone for mispelling “of” as “if” on pitchbook</p>
<p>there’s a few interesting ones i found on this topic a while back via google… some interesting, some scary, some both. here ya go</p>
<p>[Investment</a> Banker: A Day in the Life - US News and World Report](<a href=“http://www.usnews.com/articles/business/best-careers/2007/12/19/investment-banker-a-day-in-the-life.html]Investment”>http://www.usnews.com/articles/business/best-careers/2007/12/19/investment-banker-a-day-in-the-life.html)</p>
<p>[Dear</a> Diary: Today, I Worked - Investment Banker - Boston Magazine](<a href=“http://www.bostonmagazine.com/articles/dear_diary_today_i_worked_investment_banker/]Dear”>http://www.bostonmagazine.com/articles/dear_diary_today_i_worked_investment_banker/)</p>
<p>The schedule posted by omaplata is by no means the “average” schedule especially nowadays.</p>
<p>I know very few IBD analysts that get to the office by 8 am. Almost everybody gets there by 9 to 9:30 am, heck maybe even 10 if you stayed up late last night.</p>
<p>Anything past 2 am is considered a bad night.</p>
<p>That being said, it’s still a good 80 hours at least, some weeks it could get hairy though and approach 100+</p>
<p>If I were you, I’d google Mergers & Inquisitions. It’s a site by a guy who used to be high up at UBS; tons of great stuff on IBanking, including A Day In the Life if you search for it on the site.</p>
<p>^ ya mergers and inquisitions is really really good, or you can read about the bitter investment banker who hates his job… that might encourage people to join IB</p>
<p>[Gawker</a> - The Bitter Investment Banker Email - Finance](<a href=“http://gawker.com/topic/the-bitter-investment-banker-email-016011.php]Gawker”>http://gawker.com/topic/the-bitter-investment-banker-email-016011.php)</p>
<p>on a somewhat hilarious (but actually quite sad note): I’ve heard myths of some ibankers bringing a bottle for when nature just can’t wait 
and don’t have time to go</p>
<p>^True. I mostly hear that about sales and trading though, when you have to stay at your desk trading all day because you can’t afford to be gone while the market is still open.</p>