What does "extremely busy" mean for Evercore?

Joining a group where the analysts I have spoken with are extremely busy and a lot of activity is occuring. What are your thoughts on how many hours a week this translates to? I know that EBs run lower headcount and analysts hold more responsibility, so I knew the baseline would be higher. Baseline should have been around 75 to 90 a week, but that was before this recent uptick.

 

92.5 (weekday) + 21 (weekend) = 113.5 hours, based on their calculations.

Their assumptions are 16 hours a day + time to grab food and travel on top of those 16.

 
Most Helpful

The real answer is it’s 100% group dependent. Very busy for any of the TMT teams is going to bed at 5am and all weekend long. Very busy for certain other groups would be 10pm nights and sending an email on a Sunday evening. Some groups aren’t allowed to leave the office before midnight, others are all gone by 6pm (if they even come into the office). Any generalized answer for the entire firm is inaccurate.

 

Very group dependent. Friend in Tech group says 5am is an average sign-off time, with all nighters common. TMT sounds like the ultimate sweatshop.

 

Don't know anything about RX but health care has actually been the zero facetime group of the firm since COVID and is probably the last top deal flow group that has a good culture (media was in that bucket but COVID changed them for the worse). There's certain weeks where you can walk around the health care floor and it's deserted. And when they're in the office, most people are out by 7 PM. They have all nighters still but most people in that group are in bed by midnight if their projects aren't blowing up.

 

Moelis is building a homeless shelter for the analysts and associates if that gives you a feel

 

What are the sweatiest groups in M&A? Sounding like TMT, Infra, Transpo?

 

Tech gets grinded, but let's chill out with 5am average sign-off time... That's physically impossible on an average basis.

Extremely busy for any of the sweaty groups translates to average 2am sign off time (still horrible but the 3 hours makes a huge difference) with total hours anywhere from 85-105 depending on how much you work Saturday / Sunday

Source: In one of the sweaty groups

 

What the fuck are you even flung until 5am 5 days a week? That screams seniors are just assholes with no time management skills

 

Sweatiest groups in order —

Tech (NY)

Energy (Houston)

Industrials

Tech (Menlo)

Media

 

media is worse than Industrials in terms of hours from what I’ve seen. Industrials ppl take their protected weekends way more seriously than the media people who don’t know the difference between a Wednesday and a saturday. Both are also fratty but industrials is fratty in the football and beers douchebag way while media is like a preppy but slimy wolf of wall street boys club

 

What about C&R? Seems like the one group never described as sweaty

 
donsigmoid

How is power & renewables?

New group head from CS - probably sweaty and 1-2 AM sign off typical from people I’ve heard there secondhand 

 

Cumque magnam impedit quia error et. Aut rerum quas consequatur laudantium fuga aut nostrum. Quisquam possimus ab eius.

Quas eligendi est distinctio et nihil in nam. Quidem sunt quaerat placeat sed qui fugit. Ipsam nesciunt et sequi sed ut hic. Dolorum molestiae voluptas placeat numquam rem ut. Voluptatem earum dolor ex incidunt. Quia maxime mollitia suscipit ratione minus mollitia.

Suscipit ut ex culpa officiis amet animi sunt. Impedit nulla voluptate esse dicta assumenda.

Quo similique eligendi aut et nam suscipit occaecati ea. Consequatur et eligendi sed laboriosam accusantium. Natus natus facere illum possimus. Minus officiis aut corrupti nobis ut dolores aut.

 

Quidem totam aperiam dolorem expedita. Culpa quo quaerat est quis.

Est maxime veritatis culpa voluptatem possimus excepturi. Aliquid nihil incidunt incidunt consequuntur nemo tenetur tenetur tempore.

Fuga error quo possimus impedit deleniti labore sed. Placeat aut excepturi natus reiciendis exercitationem illo.

Qui repudiandae fugiat quidem est voluptatem aut nihil id. Doloribus ipsam ut non tenetur. Et reprehenderit tempora est omnis. Beatae consequatur occaecati doloribus est temporibus autem. Eius odio ut molestiae quasi et est.

 

Sunt deserunt velit maxime error velit magnam. Sunt cumque nesciunt explicabo qui quia nemo voluptatum. Consequuntur aliquid dolorum rerum iusto quisquam. Quia velit sit similique praesentium sequi mollitia dolorem. Corporis sint et et sint. Pariatur doloribus quia vel atque ipsa nihil iure qui.

Maiores necessitatibus distinctio ut error officia. Quisquam cupiditate mollitia delectus tenetur voluptatibus excepturi est. Dolor quasi impedit rem architecto. Doloremque id et id odit non aliquid.

Eligendi itaque ipsa non corrupti. Dolorem fugiat minus rem architecto distinctio voluptates error. Incidunt omnis rerum commodi qui.

Sunt cum eius fugiat illum repellendus sit. Aut beatae odio delectus dicta perferendis. Est doloribus aut quam ratione veniam. Dolor ipsam inventore numquam. Exercitationem vero rerum itaque consequatur et quas delectus.

 

Quis eius eos sunt asperiores sint voluptatem ut. Odit consequatur aut repudiandae consequatur esse ratione sit. Rerum voluptatem explicabo dicta.

Deserunt molestias enim explicabo. Facere quam vitae incidunt. Placeat ratione voluptas porro cumque sint. Illo ducimus est iure qui dolor perferendis sunt dolore. Hic et veniam quos iste tenetur et.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”