Junior bankers sound off: From how much sleep they get to what kind of company they want to work for next, first-year investment banking analysts spill the beans
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Dan DeFrancesco
Dec 15, 2022, 20:27 IST
Tayfun Coskun/Anadolu Agency via Getty Images; Nicolas Economou/NurPhoto via Getty Images; Samantha Lee/Insider
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1. How are the kids?
Junior bankers hold an interesting position on Wall Street. While these young investment bankers are often the butt of the joke — something something Murray Hill something something Patagonia vests — they also represent a key piece of the dealmaking machine.
Don't believe me? Ask any MD if they can spin up a financial model for a deal, navigate an Excel sheet, or create a pitch deck. You'll likely get a blank stare.
That's not to minimize executives roles — the clients aren't going to take themselves out to dinner — it's more so to demonstrate that while junior bankers might sit at the bottom of the totem pole, the work they do (however menial) is still important for deals to get done.
Emmalyse examined 10 different slides from the poll, which was conducted by recruiting firm Odyssey Search Partners, that show what junior bankers like, and don't like, about their jobs.
While private equity remains the favored landing space of analysts, the past two years have seen more young bankers flag VCs as another place they'd want to work after their analyst program ends.
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