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Both sound like abusive relationships
Industrials is actually one of the more chill teams at both MoCo / Laz
How’s HC at Moelis / one of worse teams?
HC differs quite a bite depending on the verticals. Pharma / biotech is a lot of pitching and one big deal like once a year, MedTech is execution heavy and lots of smaller deals and dental is likewise. Hours are generally among the worst and only TMT has it tougher
Significantly worse than BBs?
Thank you. What's the average hours per week like?
Company culture is great at Moelis. We work harder but people are nice (a few exceptions apply)
What exactly is harder? Obviously everyone knows about the associate that killed himself among other tales. Not trying to be a dick, but clearly you work there so would appreciate insights.
@Associate1 teams are very, very lean (maybe too lean). Expectation is to be on 4+ projects with 2-3 live deals at any given time. Some teams like TMT are very iterative and detail-oriented in their analysis (to the detriment of big picture takeaways) and it can be a real grind. Other teams are much more reasonable and offer a good balance of responsibility / exposure / learning experience / development but work-life balance is tough at least until you make VP.
In line with what I’ve heard. Thanks...tmt is brutal across the street
Is this a joke? MoCo is notorious for being a sweat shop. Anyone who tells you otherwise is drinking way too much of that Kenny look-aid, or whatever else Ken has...
Even industrials?
MoCo has “super groups” or whatever they’re calling it these days. They don’t have a specific industrials team, but a team that focuses on ~3 industries. And they’re all bad from a work life balance perspective. You’ll learn a ton and get good exposure blah blah blah but they’ll kick your ass. It is what it is, some people thrive under that environment and others falter
Moelis has actual groups now
Yeah, analysts are still generalist and stub associates join groups after a year
Thank you guys. And industrials is one of the better ones wrt work life balance?
I guess less bullsht work in Industrials but mountains of real work, so not necessarily easy on the work/life balance but more gratifying