“Schedules, Salaries, Competition… The Disparate Universe of Young Investment Bankers.” is one of the favorite articles of the subscribers Figaro. We invite you to discover it or read it again.
75 hours a week. Angela knew well these years of hard work. This young investment banker, who graduated from the prestigious ESSEC business school in 2020, who spent a few months interning in the merger-acquisition department of Lazard bank two years ago, has no regrets. In a field where developments and salaries remain very attractive, the 25-year-old young woman made a conscious decision. ” I knew you had to work hard. When I left at midnight, it was relatively early. I wouldn’t change my career for it. I learned a lot. When you make a deal, it’s very satisfying “, he explains. In the arcane universe of “M&A” (meaning “M&A” for mergers and acquisitions) dominated by English, “closing a deal” means concluding a merger or acquisition between two companies.
These graphs look crazy, and the salaries stay up to this surplus. When she leaves school, after a six-month internship at Lazard, Angela is offered a salary of €70,000 (slang for “70k”) with an additional bonus of 80 to 100% of her salary…
Source: Le Figaro
