Quote:
Originally Posted by Unregistered
Thanks for sharing! Would be joining MO in a BB myself soon.
Just curious, how are the working hours and consequently WLB like? Am I at a disadvantage if I don’t join the MO/BO graduate program as a fresh grad?
|
All the best in your new role. A different thread asked a similar question, comparing WLB across these 3 banks, and I replied to it. In short, within this 3, GS generally pays the best for MO/BO, and also has the worst WLB (personal experience and from colleagues who've worked across them). You may have heard of the 100-hour week survey that GS investment banking juniors complained about. MO/BO don't do 100 hours, but the mentality and culture is the same even in BO/MO. People on average do 11-12 hours per day in MO/BO.
If you're joining JPM/MS, your salary trajectory will probably be slightly slower, but your hours will be lesser as well.
No disadvantage to being an experienced hire, or joining from another company. This 3 banks don't have "MA" programmes or "scholars" like others where you are supposedly fast-tracked. Yes they do have some specialist programmes for people in specific roles, like finance or technology etc, but it has no impact on your future salary/career progression.