The Job

Analysts build financial models, create pitch books and presentations, conduct industry and company research, perform due diligence, and support senior bankers on live transactions. The work is detail-oriented, fast-paced, and directly impacts multi-billion dollar decisions.

Analyst hours vary by bank and group, but 70-90 hours per week is typical during busy periods. Some weeks are lighter, others involve all-nighters before deal deadlines. Understanding and accepting the lifestyle commitment is critical before accepting an offer.

Summer analyst programs last 10 weeks and serve as extended interviews for full-time offers. Summer analysts do similar work to full-time analysts but receive more structured training and mentorship. Strong summer performance typically leads to a return offer.

For candidates targeting private equity, hedge funds, or corporate development, the two-year analyst program provides unmatched technical training and credentials. Evaluate whether the short-term sacrifice aligns with your long-term goals before committing.

Investment banking focuses on advisory services: mergers, acquisitions, IPOs, and capital raising for corporations and institutions. Commercial banking focuses on lending, deposits, and relationship management for businesses and individuals. The skill sets, hours, and compensation differ significantly.