Can IB peeps help me understand the hours you work. At 80 hours per week the following seem inevitable: High rate of errors or extreme drop off in productivity (most likely both). Emotional reactions. Poor decision making. Little to no creativity. Extreme sleep deprivation or no social life (likely both). Obviously the list could go on. I don’t see how it’s a net benefit to the employee or employer.

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Ppl are talking about time in office, not time doing brain intensive work

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Not every week is 80+ hours. It’s obviously worse the more junior you are and there are often seemingly months on end of 80+ hour weeks, but it’s heavily project specific. The worst I had was 6 straight weeks of 100-110 hour weeks but the staffer after gave me lighter projects for a few months. It’s a culture of proving yourself which can be detrimental so now as a VP I try really hard to be aware of the capacity of my juniors and limit hours/manage upwards or stay up with them sometimes to get things done more efficiently. As for errors, they happen, sure but you get enough eyes on a book and errors don’t go to clients. It’s banking, not arts, so no, there is no creativity. Juniors are relatively cheap labor for the bank but also rewarded financially a lot better than their non-IB peers. Better prospects (and work ethic) should they grind for two years and then leave banking also. Just risk/reward and golden handcuffs. Nearly everyone does it for the money regardless of what they say. But you get used to working under the conditions.

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80 hours isn’t that bad. Run the math on that - if we cram into week days, that’s working until 1am. Not the worst considering 2 free weekend days. Throw in 12 hours on the weekend and it’s only 10-11pm on week days. I’ll take it. It’s the weeks we work 90-100 hours that are rough.
Most days we aren’t grinding out complex analyses / models nonstop, it’s a lot of coordination, tracking things, meetings, and often a fair amount of waiting for things to happen. We have to be extremely accurate and detail oriented and make very little to no errors. You don’t last otherwise. I don’t see or relate to anything you mention above, except yes our social lives definitely take a hit, as does sleep

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I think if you understand how our day is structured would help you understand better how we work.
Usually we have calls during the day from 9-5: call with clients, internal calls, calls with your research department, etc-all those calls that basically will allow you to get information to be able to do your work. You can also throw a few lunches with clients in there or social events we will have to go to a few times per month.
It's sometimes hard to concentrate on actual 'work' during the day because of all those things.
Then the actual work starts in the evening - and depending on the project, the work can be brain- intensive, or pretty 'chill'.
Our hours and lifestyle are particular, but we are not working intensively throughout the whole day. If we do, it will be project specific. Hours are also particularly tough as a junior analyst when you are still learning and figuring out how to perform certain analysis takes time.

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Indeed, a better understanding of how your day is structured helps add context. Do you enjoy your work (it’s work I get it) but is your daily routine one that is fulfilling. Given the fact that given our live spans (plus or minus) are 4,000 weeks, is this job one that lends itself to enjoying the journey or is it more like sacrifice life enjoyment now for money, hopefully recoup later?

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