Solid WLB vs Deal flow
Out of curiosity, which option will you choose.
1) Work on average 10 hours a day, with occasional 17 hour days during busy periods (10% of the time), c.100k base comp, 4-6 mo bonus
2) Work consistent 80-90 hour weeks, mad deal flow, c.130k base comp, 10-12 mo bonus
I was leaning towards option 1 but I work in a country where facetime is a norm and WFO is soon to return. Meaning without WFH, I will have to act busy and time will pass immensely slow, compared to being kept busy.
Uh, this isn’t really difficult. Everyone’s going to pick option 1 unless it’s not WFH
Really depends on brand
I'm not sure that is true...I have seen plenty of people choose deal flow over WLB for whatever reason. I personally think it is stupid but people certainly do it. The most coveted groups on WSO are usually the sweatiest.
Agree with the above, what type of banks are each of these at? If #1 is a small place and #2 is a BB/EB, you need to base this on more than hours/comp. What are exits like from each place and what do you want to do after banking?
Not pcking #1 because time will pass slowly when you're not busy isn't a good reason at all to kill yourself working at #2. And the base difference is large but I don't understand what you mean by bonus months. Either way, comp should be one of your last factors to pick from as an analyst, you should try to set yourself up for a long career and you'd make a ton at either place. If exits/brand are equal at both banks, pick #1.
Option 1: TD/Nomura/SMBC tier (i.e. not bulge but reputable)
Option 2: Evercore/Moelis/CVP tier (i.e EB)
Option 2 gives way better exits in exchange for a sweaty life.
Assuming you want to do PE or corp dev I'd take option 2 then. If you're happy staying in banking or going to work for an MM client, option 1 might be the choice. It's a pretty personal decision, the WSO "right" answer is based only on prestige and which will get you to PE faster
TBH im not clear exactly what I will pursue after IB but I believe its always better to keep an open mind and have a larger pool to choose from?
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