Is working in investment banking worth it?

Being an investment banker is one of the best-paying jobs available today, excellently. Meaning, when it comes to salary, it surpasses other jobs by far. It’s also one of the hardest jobs possible, in every way you can think of.

What are the disadvantages of investment banking?

Disadvantages of Being an Investment Banker

• Being an investment banker means working quite long hours.
• You may even have to work on weekends.
• Poor work-life balance.
• Many investment bankers suffer from mental issues like burnout.
• You may get fired during economic crisis situations.

Why do you want to work in investment banking?

Awareness of the hierarchy (senior bankers will lean hard on junior bankers and all work rolls downhill) Investment banking offers the opportunity to become an expert at building large, complex financial models at the earliest stage of your career.

Is investment banking not for You?

You managed to bluff your way through several rounds of interviews and a test or two on financial modeling, but you are far from being a wizard at Excel. Time management is also not your forte, and you have been guilty of procrastination on a few occasions. This means that investment banking is not for you.

Do investment bankers work 9-to-5?

In response, a few major banks officially cut the number of hours worked by junior bankers. Nevertheless, in a competitive culture where putting in extra-long hours is regarded as a badge of honor, a 9-to-5 routine is pretty much unheard of. If you strive for a work-life balance, investment banking is not the field for you.

Do junior investment bankers work too many hours?

The tragic deaths of three junior investment bankers a few years ago focused attention on the marathon hours that they worked before their demise. In response, a few major banks officially cut the number of hours worked by junior bankers.