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How many hours do people in finance usually work daily?
As a student who's aspiring to be in the finance world, I want to know how people's life is shaped daily in their financing career. #business #finance #career #lifestyle
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13 answers
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Juan’s Answer
8-10 hours, depending on the line of business and company you work with.
Finance is pretty broad, you could be in lending, investments, portfolio management, et.c
Check out the role descriptions from companies like Morgan Stanley, Bank of America, and other firms to get details on what roles in finance look like.
Finance is pretty broad, you could be in lending, investments, portfolio management, et.c
Juan recommends the following next steps:
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Roman’s Answer
IB analysts can work 50-80 hours/week
Corp Financial analysts might work 50 hours/week
Financial Advisors may work 40-50 hours/week (many work less than 40 hrs/wk once they have an established book of business)
Hope this helps!
Corp Financial analysts might work 50 hours/week
Financial Advisors may work 40-50 hours/week (many work less than 40 hrs/wk once they have an established book of business)
Hope this helps!
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Andrew’s Answer
Agree with the others, my experience are all within Investment banks.
My first job was in Asia where I worked close to 100 hours per week.
My hours fluctuate now as my role and experience changed.
The line gets blurred in more recent time as we gain ability to log in from home (so you can leave the office and continue work at home if needed)
My first job was in Asia where I worked close to 100 hours per week.
My hours fluctuate now as my role and experience changed.
The line gets blurred in more recent time as we gain ability to log in from home (so you can leave the office and continue work at home if needed)
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Bill’s Answer
Hi Linh,
I typically work 8 hours a day. But definitely there are busy period that I need to work more than 8, especially during the close. And if you find love in you job, I don't think you would mind working a little more than the typical 8.
I typically work 8 hours a day. But definitely there are busy period that I need to work more than 8, especially during the close. And if you find love in you job, I don't think you would mind working a little more than the typical 8.
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angel’s Answer
Definitely agree with comments from others. How many hours you work can vary from job to job, company to company, function from function. When you think of a career, it is important to ask yourself what is your passion, what job will make you happy or fulfilled. When you enjoy what you do and are learning new stuff and developing new skills, times really fly by and you really care a lot less about clock watching. I see many people put in a lot of hours earlier in their career because they are in this constant learning mode, so the hours they put in, they often view it as investment on themselves. If a career in finance is something you are passionate about, I would strongly encourage you to pursue, and not let potential long hours in earlier stage of your career discourage you from going down this path.
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Kent’s Answer
Depends on the job and stage of your career that you are in / want to be.
Some examples from my career -
- first job. investment banking in New York. 80-100 hrs/week
- private equity in San Francisco. ~80hrs typical. More when active on a deal process
- Finance in a tech company (several different companies). 40-50hrs
Some examples from my career -
- first job. investment banking in New York. 80-100 hrs/week
- private equity in San Francisco. ~80hrs typical. More when active on a deal process
- Finance in a tech company (several different companies). 40-50hrs
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Dave’s Answer
The answer depends on what exactly you'll be doing. For example, some of the finance folks at my company (tech, we sell software) work a regular 9-5 except at the end of each fiscal quarter, when they have to "close the books" and work however many hours it takes to do that by the deadline.
Others work in "FP&A" (Financial Planning and Analysis) and they work a normal 9-5 - the job is looking at departmental budgets and working with every org in the company to see what they can spend (and what they can't). They also look forward to see how to spend the company's money in the coming quarters and years.
Or you can be an analyst at a financial institution, be very highly paid, and work 80-100 hours a week!
Others work in "FP&A" (Financial Planning and Analysis) and they work a normal 9-5 - the job is looking at departmental budgets and working with every org in the company to see what they can spend (and what they can't). They also look forward to see how to spend the company's money in the coming quarters and years.
Or you can be an analyst at a financial institution, be very highly paid, and work 80-100 hours a week!
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crystal’s Answer
Hi Linh,
The hours you work daily can depend on what sector in finance you chose to work in. For example, I am a Collections Analyst so most days I work a typical 8 hours. What I love about working in finance is the flexibility of my hours and the work life balance. In my role if there are days where I need to work a less than 8 hours maybe because I have a doctor appointment or some other outside of work obligation, I can take the time I need to get those things done. But some days, for example, during month end close, I may work more than 8 hours as I may have more tasks than usual to complete by our company's deadline. Its important to me to chose to work for companies that allow me to feel comfortable asking for time off so I avoid burn out and give allow me to be independent enough to "burn the midnight oil" if I see fit. My last few roles have also been remote/work from home and this also allows for greater schedule flexibility.
The hours you work daily can depend on what sector in finance you chose to work in. For example, I am a Collections Analyst so most days I work a typical 8 hours. What I love about working in finance is the flexibility of my hours and the work life balance. In my role if there are days where I need to work a less than 8 hours maybe because I have a doctor appointment or some other outside of work obligation, I can take the time I need to get those things done. But some days, for example, during month end close, I may work more than 8 hours as I may have more tasks than usual to complete by our company's deadline. Its important to me to chose to work for companies that allow me to feel comfortable asking for time off so I avoid burn out and give allow me to be independent enough to "burn the midnight oil" if I see fit. My last few roles have also been remote/work from home and this also allows for greater schedule flexibility.
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Sylvia’s Answer
Hi Linh, indeed depends on which function you are in. For me and others I see in dealing room, 10 hours is the norm. If you are doing debt capital market, working hours is way above 10 hours when you have cases on hand.
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Anthony’s Answer
8-10 hours a day is very typical starting in finance.
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Julia’s Answer
I agree with the other answers, it does depend on which area of finance you are in, as well as the company you are working for. I have experience working for a large corporation, and my hours are 40-50 hours per week.
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David’s Answer
Hi- in sales/trading, a typical day is generally 10-11 hours (7am until 5 or 6pm). Hours are generally tied to markets, which is a benefit to working in this field. In other areas such as banking, hours can be much longer.
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Rashvith’s Answer
The actual answer to this question depends on work, team, division, company, applications, technology, etc, (internal factors) and market conditions, competitors, etc (external factors). There are a lot of other things which will come into play during your work.
However, i have worked for 8-10hrs a day (finance and accounting field) and 40-50hrs a week. Which is same throughout the segment and which is also achievable.
However, i have worked for 8-10hrs a day (finance and accounting field) and 40-50hrs a week. Which is same throughout the segment and which is also achievable.