Thursday, 31 January 2013

Wall Street Oasis - Investment Banking & Finance Community: Why are we Obsessed with "Work/Life Balance"?

Wall Street Oasis - Investment Banking & Finance Community
The Wall Street Finance Community where investment bankers, consultants, traders, private equity and hedge fund professionals come to learn and play.
Why are we Obsessed with "Work/Life Balance"?
Feb 1st 2013, 03:34

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I've been doing a fair bit of thinking about the idea of a "work/life balance", and it's a topic that I encounter more often on this board than just about anywhere else, so I thought it an appropriate forum for discussion.

When I was in college interviewing for the typical set of sought-after entry-level positions, it was often striking to me that the distinction between those who preferred consulting to IB were those who purportedly wanted a better "work/life balance". Frequently, there was no more important distinction than that.

When I asked friends who went into consulting why they chose consulting, they often responded by saying, "I just don't think I could deal with working that many hours" (as if their career decision were a presupposed dichotomy between banking and consulting? - but that's another discussion). And that led me to believe that I most certainly would be dissatisfied with my "work/life balance" once I started full-time in IB.

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