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EYP is separate from transactions and works majorly on strategy. If you have been in consulting for a while, you would know that minimum hours are project specific. If there is work, you work, If not, you work on self development. Projects vary from strategy, buy side and sell side support to strategy execution and would depend on the team you are joining.
None of us are travelling for now, but there might be case specific and very rare client requirements that would require travel. Hope this helps.