How stressful is being an investment banker?

Many investment bankers are Type A personalities, which means they are ambitious and driven. Young bankers are inducted into a stressful lifestyle from the get-go. They are encouraged to work long hours with very little free time to fit in socializing or relaxation. Many turn to caffeine and drugs to help them cope.

Is investment banking terrible for your health?

YES – it will affect your health. If that is a big concern for you, don’t do banking or typical management consulting. S is a little easier from a lifestyle standpoint, but the stress will still get you.

Who makes more money – investment bankers or Quants?

Our users generally share that “Quants” generally make more and are wealthier than Investment Bankers due to the fact that their skills more differentiated and difficult to acquire. Quants, at least the ones i’ve worked with, tend to be of more value, and are harder to train from the firm’s prospective.

What is it like to be a quant?

Quants, at least the ones i’ve worked with, tend to be of more value, and are harder to train from the firm’s prospective. You can take most college grads and turn them into bankers (it’s really just glorified accounting), but quants are typically highly educated.

What is a day in the life of an investment banker like?

A Day in the Life of an Investment Banker. Investment banking is one of Wall Street’s most coveted roles. It is also one of the hardest. It is no surprise that the average day in an investment banker’s life is long and stressful. Those who manage to survive the adjustment period often go on to have long and financially rewarding careers.

What are the highest paid types of Quants on Wall Street?

First it is important to note that there are different types of quants on Wall Street. The highest paid type of quants are the ones that work for hedge funds / trading firms. In these cases, earnings will be tied to the returns of the firm and therefore are variable.