For Recruiters
How to handle the long hours by a former member of Goldman's London FIG team.

Ex-Goldman Sachs' associate's guide to working 14 hour days

As working hours in investment banks show signs of creeping back up because vacancies are remaining unfilled and juniors are being asked to frenetically research deal targets, it's worth revisiting some advice from a Goldman Sachs associate on how to handle the grind.

Mai Le left Goldman Sachs' London office after three and a half years in 2017 and is now an entrepreneur with her own loans fintech. A London School of Economics graduate, she joined the bank full time in July 2014, and was promoted under Goldman's fast-track program. While Le was at Goldman, Saturday was prohibited and as it is now - but she still spent hours at her desk as part of the financial institutions group (FIG) team in the investment banking division.

“Everyday I work until really late, average out 12-14 hours a day. Subtracting sleep time, I only have about 3 hours for myself every day,” Le wrote on her blog about her time at GS. "There are many things I wish to do with those three hours. I want to write, read and also spare some time to take care of myself.”

If you're working a 14-hour day, three hours of "me-time" may be wishful thinking. Even so, Le claimed to have hit upon a method of maintaining her inner equilibrium while spending most of her life on FIG deals: it was all about assigning one hour a day to each of her priorities. If you want to work your way through all the books you want to read, assign an hour a day to reading, says Le. If you want to get fit: an hour a day to exercise. To write? An hour a day to writing.

Le attributed her approach to, "task decomposition in project management theory:"  "Before I know it, this consistency allows me to write for 20-30 hours, or to read and exercise for just as long."

Le's advice echoes that of other Goldman bankers. James H. Donovan, the firm's head of global client coverage, says he worked crazy hours as a junior and survived by carving out a small amount of time for himself to stay sane. For Donovan, that time was spent running. During his first decade as a banker, he said he, "ran every day for 35 minutes...no matter what."  

Click here to create a profile on eFinancialCareers. Make yourself visible to recruiters hiring for top jobs in technology and finance. 

Have a confidential story, tip, or comment you’d like to share? Contact: sbutcher@efinancialcareers.com in the first instance. Whatsapp/Signal/Telegram also available (Telegram: @SarahButcher)

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

author-card-avatar
AUTHOReFinancialCareers Insider Comment
Cancel
  • Da
    Davidddddd
    26 July 2022

    The work you do In the 10th 11th 12th 14th hour of working on the fourth day of doing the same thing in a row must be really valuable work much more important than the work of an alert person with proper sleep do the customers of these investment banks realize this? When you go to the emergency room you get a student doctor who hasn't slept in 3 days

  • Da
    Dave
    21 July 2022

    Doesn't seem like a life worth living.

  • An
    Anonymous
    20 July 2022

    Why don't they just hire more people instead of getting one person to do two people's jobs.

Apply for jobs

Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Jobs
Metis Search
Private Funds Group Analyst
Metis Search
London, United Kingdom
Adecco Personnel Pte. Ltd.
Investment/Portfolio Manager (Urgent, MNC)
Adecco Personnel Pte. Ltd.
Singapore
ParagonAlpha
Quantitative Trading Strategist
ParagonAlpha
London, United Kingdom
Mason Blake
Equity Research Analyst
Mason Blake
London, United Kingdom