How does an IB analyst job compare to an MBB analyst job in terms of difficulty of work? I know the hours are worse and the role requires developing technical knowledge of finance and accounting, but how hard is it compared to consulting at MBB?

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Never worked at MBB but I can say with confidence that the work load is much higher in IB than consulting. My consulting peers consider blate nights ending at 10pm while I've had back to back weeks of 3am mornings all because of the inefficiency in IB.

I wouldn't say the work in IB is hard, most of it is grunt work like putting together slides last minute because the VP wants to impress the MD. The analysis can be challenging sometimes depending on the company but that's only ~20% of the work in my experience.

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