Assuming you are an intern outside of busy season (January 1-March 15) than the work life balance is great. EY closely monitors the hours of all their employees, as a means to properly bill their clients. However, as a bonus to this system, they are able to ensure that their employees do not overwork themselves. For interns this means that a true 40 hour week is the norm and often the maximum number of hours. On day one, the senior manager in charge of the interns told us that once we reached 40 hours we should leave, even if it was before 5pm on Friday. I never came in on weekends and only once stayed past 5:15 on any weekday.
You’re not expected to be drown in work or anything of that nature. In fact, you probably will not work outside of the normal office hour at all (since you’re paid hourly). You might be put on a team that has a deadline and need to work some overtime (which you will be paid overtime). However, that happens very rarely. Beside work, there are some company events after work you might consider attending to get to know everyone (and really just have some fun). Otherwise, in the evening and on the weekend, you should be free to do what you like.
The amount of hours you work fluctuates between projects and between different stages within projects. I never felt overburdened by the amount or hours of work I needed to put in as an intern. This internship was my first corporate opportunity and it allowed me to start building an amazing foundation for my professional career.
I worked during the summer, so I cannot say exactly what the work-life balance during the spring (busy season) is like. However, during the summer, work-life balance for me was very fair. I usually worked between 40-45 hours per week in a relaxed environment. The drive to work obviously added to the work-life balance though, as one of the clients I worked on was in downtown Houston, and the drive would take me about 2 hours before and after work to commute. From what I understand, work-life balance also varies depending on the client you are assigned to, so I would not go in expecting to have a regular 40-hour work-week, as there is a chance it could be longer.
Former Structured Finance Advisory Intern at EY LLP
about 2 years ago
There is a lot more “life” as an intern than anywhere else. The firm will take you one cruises, to Disney world, and for miscellaneous social events. Most days you can expect a workday to be 9:30-7:30 or so. Some days are longer, but the firm will pay for your dinner and cab ride home. They’re very conscious of long hour days and make sure you’re comfortable. I specifically chose to come back because of this balance. It’s not a 9-5, but it’s not a 7-2am IB job. It’s right in the middle somewhere.