You vomit to complete the course faster.
If you want to be anywhere near the front, you have to neck your beer, start running, stick the fingers down the throat and heave into the bag. Try running even 500m with a couple of beers sloshing around in there.
Hours vary depending if you're on a live deal. Quiet week would be 60 hours. Busy week - I've had a few 110 hour weeks, but these only happen when you're on a deal.
Usually work a few hours on either Saturday or Sunday.
I know of only one or two M&A grads studying for their CFA, and I'm not even sure they're still doing it. Its not a focus at all at work.
Heard stories of people starting it, then dropping out because the workload is unmanageable - but thats only anecdotal.
A few people have tried to study...
Actually, most people here at Macquarie will go to the gym in the afternoon or lunchtime - and still leave by around 9 - 10pm.
But when its busy, its busy - I'm talking 2 to 3 months without a day off. But that is the same as any other investment bank.
The upside with Macquarie is the lack...
Jeez, I don't know. In a good year, everyone that does an internship at a Big 4 would get an offer.
After that the grads that weren't interns are all competing for whatever spots they still need to fill.
To put a number on it, maybe twice as likely? But thats essentially a meaningless number...