Question 1

How many hours of work does the job involve?

Accepted Answer

It is notorious for its relatively long working hours, ranging from 50-80 hours a week.

Question 2

What do they do day-to-tday?

Accepted Answer

Depending on the division you operate in, an investment banker may be working on financial analysis, preparing presentations, meeting clients or negotiating deals.

Question 3

Is it all numbers?

Accepted Answer

Whilst many jobs in the industry involve working with numbers, it also requires communication and developing strategies as well, especially if you work in sales.

Question 4

What makes it different from other finance jobs like accounting or consulting?

Accepted Answer

Investment banking focuses on major deals and raising capital while the other two look at financial records and strategic advice, respectively. If you want a more in-depth breakdown of the different banking services, read through our page on investment banks.

Question 5

Can investment banking lead to burnout, and how do people deal with that?

Accepted Answer

Yes, the long hours and intense pressure can lead to burnout. To best prevent this from occurring, bankers prioritise rest, exercise and setting boundaries where possible.

Question 6

Is it possible to have a good work-life balance?

Accepted Answer

Having a solid work-life balance is a challenge when working in investment banking. However, it does vary by firm and by role. Senior roles may have a little more flexibility.

Question 7

What is the social culture like in the office?

Accepted Answer

It can be both competitive, when it comes to career advancement, but also team-oriented, as bankers work close together on deals.

Frequently Asked Questions