The BEST Beginner's Guide to Investment Banking! (Compensation, Hours, Lifestyle, Pros & Cons)

Поділитися
Вставка
  • Опубліковано 22 гру 2024

КОМЕНТАРІ • 149

  • @rareliquidcareers
    @rareliquidcareers  2 роки тому +15

    Hey All, hope you enjoyed the video! Wanted to provide some of the links I mentioned in my video below:
    ► If you're interested in recruiting for banking, check out some of my banking recruiting guides here! rareliquidcareers.com/
    ► You can also keep your recruiting organized with Jackfruit - www.jackfruit.ai/referral/rareliquid

    • @blessinggold6312
      @blessinggold6312 Рік тому +1

      👆👆👆I was curious also to know the right trading and investment services, until I met expert Mrs Miriam Klein after changing my life I promised to advertise her everywhere I go.
      Her number and name is what I desplay

  • @missandrew8274
    @missandrew8274 Рік тому +102

    Just my own POV. Wolf of Wall Street wasn't about investment banking. It was about stock brokerage and it's different players.

    • @AsifAkhtar20
      @AsifAkhtar20 Рік тому +7

      Wolf of Wall Street is actually very accurate. That's exactly what happens at prop trading desks - minus the in office wh0res and cocaine, these happen outside ofc

    • @LTC366
      @LTC366 Місяць тому

      Youre right. He only used investment banks in off shore accounts to store his excess capital gains 😂

  • @kazinafis5696
    @kazinafis5696 Рік тому +95

    You are a great resource (y)

  • @yuehangli9926
    @yuehangli9926 2 роки тому +46

    Just received an offer as an M&A Analyst from an MM IB. After considering the terrible hours in this field, I gave up it and went for another position as a credit analyst at a BB. Hope that I did not make the wrong choice.

    • @kytuff7925
      @kytuff7925 2 роки тому +14

      How has working as a credit analyst been for you?

    • @Geezy100
      @Geezy100 Рік тому

      @yuehangli9926 how has credit analyst been treating you ?

    • @BOSSDONMAN
      @BOSSDONMAN Рік тому +2

      If you don't mind me asking, what was the difference in compensation?

  • @July-ct7pp
    @July-ct7pp 2 роки тому +52

    This video couldn’t come at a better time in my academic life as a first generation and trying to figure things out Rareliquid you’re awesome thank you so much I hope you continue making more videos in business like this maybe underwriters positions or other positions in the field would be cool also thanks again 🙏

  • @viditagrawal722
    @viditagrawal722 2 роки тому +28

    Do one for Private Equity as well

  • @Pablo-um2xt
    @Pablo-um2xt 2 роки тому +10

    Again, great video and really good and structured explanation!

  • @darylhopkins9796
    @darylhopkins9796 4 місяці тому +1

    You have an excellent channel. I just subscribed. I learned something new every visit.

  • @solidsnake7723
    @solidsnake7723 Рік тому +1

    recently started a bsc in banking and finance, let's see how this works out

    • @Marco-wb4dd
      @Marco-wb4dd 4 місяці тому

      hey, what uni are you studiying at?

  • @aleegmalual8492
    @aleegmalual8492 2 роки тому +7

    What should your college major be if you want to become an investment banker?

    • @iambloopy
      @iambloopy Рік тому

      Finance

    • @AribellaAC
      @AribellaAC Рік тому

      Finance, Economics, Mathematics, Statistics, Accounting… anything like that

  • @rajshreyashadhav3052
    @rajshreyashadhav3052 2 роки тому +3

    Thanks man needed more clarity on this 🙏🙏

  • @kylewilson2993
    @kylewilson2993 2 роки тому +7

    You should do a video just like this on sales and trading

  • @TinaMyles
    @TinaMyles 7 місяців тому

    Investment banking refers to a financial sector that facilitates the creation of capital for companies, governments, and other entities. This involves services like underwriting, mergers and acquisitions, securities trading, and offering financial advice. Investment banks help organizations raise funds through issuing stocks or bonds and also provide strategic guidance for corporate activities.

    • @KentBrono
      @KentBrono 7 місяців тому

      I completely agree, and that's why I highly value entrusting an investment coach with decision-making authority. Their extensive knowledge and focused training allow them to adeptly manage risk by leveraging its potential for greater returns while also implementing safeguards against adverse outcomes. It's virtually improbable for them to deliver subpar results. Personally, I've achieved a remarkable gain of over 1.5 million dollars during my two-plus years of collaboration with an investment coach.

    • @KentBrono
      @KentBrono 7 місяців тому

      We fail to realize that banks are commercial enterprises that are driven by greed as well. The over-leveraging of assets by banks starting in 2020 was one of the factors that led to SVB's collapse. I've never felt secure keeping a large sum of money in a bank. In other words, I invest through my financial advisor, reap the benefits, and then spend the money.

    • @georgestone0123
      @georgestone0123 7 місяців тому

      Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us..

    • @KentBrono
      @KentBrono 7 місяців тому

      My CFA ’Angela Lynn Schilling’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market|

    • @georgestone0123
      @georgestone0123 7 місяців тому

      Thank you for this Pointer. It was easy to find her handler, She seems very proficient and flexible. l booked a session with her...

  • @Chileshe782
    @Chileshe782 Рік тому +3

    This was really helpful ❤️

  • @jorgenpettersen97
    @jorgenpettersen97 2 роки тому +3

    This is super helpful. Thank you!

  • @SteashOne
    @SteashOne Рік тому +1

    solid overview - thanks

  • @KJ-js7pi
    @KJ-js7pi 2 роки тому +2

    Hello, can you talk about the difference between Capital Markets, Equity Research, Sales & Trading, Private Banking and Corporate Banking?

  • @gary2835
    @gary2835 2 роки тому +2

    Phenomenal guide 🙌

  • @matteussouza5527
    @matteussouza5527 2 роки тому

    Nice video, man ! New subscriber here, watching all of your videos from Brazil 🇧🇷👏👏👏

  • @tadfxcg
    @tadfxcg 2 місяці тому

    amazing explanation with why work hours are so long!

  • @Keneth94
    @Keneth94 4 місяці тому +184

    I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

    • @MrsStephanie5
      @MrsStephanie5 4 місяці тому

      Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

    • @MrsStephanie5
      @MrsStephanie5 4 місяці тому

      NICOLE ANASTASIA PLUMLEE is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

  • @sureshnishtala2887
    @sureshnishtala2887 2 роки тому +1

    Great video .....learned a lot of things ...

  • @eld3moniod3monio40
    @eld3moniod3monio40 2 роки тому

    That's true in wall street those ppl are plugged.for experience

  • @shalsteven
    @shalsteven 7 місяців тому

    how many MD in a firm?

  • @Karandeepsingh-kk2rv
    @Karandeepsingh-kk2rv 2 роки тому +2

    How many less hours would you say investment bankers work if they are in ECM or DCM when compared to M&A?

    • @rareliquidcareers
      @rareliquidcareers  2 роки тому

      depends on the week, sometimes they may be equally busy but in general about 10-20 hours less per week

  • @OiVinn-eq1ml
    @OiVinn-eq1ml Рік тому +1

    Do you need to graduate from an elite school to go into investment banking?

  • @econ8564
    @econ8564 2 роки тому

    Bookmark
    2:38

  • @billc9178
    @billc9178 8 місяців тому

    I’m considering paying for a 1 on 1 zoom call with you.
    I’m a career changer and wanted to see what advice you would have for someone transitioning from P&C insurance to Financial Advising (education background: economics). I recently passed my SERIES 65 and want to apply my degrees.
    Do you think you can help ?

  • @kanishkkashyap9283
    @kanishkkashyap9283 2 роки тому +2

    There are 2 kinds of people:
    1) That want to make money
    2) That actually make money
    Choice is yours!

    • @mehrunissa1502
      @mehrunissa1502 2 роки тому

      Lol 😂 if only choice was in people’s hand

  • @JohnIKinnunen
    @JohnIKinnunen Рік тому

    how would you suggest making a career switch in to investment banking and would you suggest investment banking or fintech? would you get a certificate in fintech or a masters in finance to break into the industry? Thank you in advance and keep up the good work. i know it isn't easy making high quality videos like these.

  • @CCoh123
    @CCoh123 2 роки тому +1

    Why are Elite Boutique positions compensated more than Bulge Bracket positions? Thanks for the insight

  • @user-gr8fc3de9w
    @user-gr8fc3de9w 2 роки тому

    where would rothschild rank - elite boutique or middle market?

  • @vikky821
    @vikky821 Рік тому

    Hi, what courses I can do to work for any investment bank in Canada ??

  • @alexmirzabdullaev395
    @alexmirzabdullaev395 Рік тому

    what about Blackrock

  • @andrewk2.718
    @andrewk2.718 Рік тому

    Please fix: remove cs from thumbnail, thanks.

  • @malikq86
    @malikq86 2 роки тому +1

    Aren't these compensations really based on NYC firms (where most IB/PE companies are)? I doubt these compensations would be align for IB/PE firms in Texas for example. Correct? or is this pretty universal regardless of location?

    • @rareliquidcareers
      @rareliquidcareers  2 роки тому +1

      pretty standard across most of the US. for example at jpmorgan it didn't matter if you were in SF, LA, or NY, you would get the same compensation. so for elite boutiques / bulge bracket banks / most middle market banks, pay will be similar across offices. but at the smaller regional boutique level, i could see compensation being drastically different depending on location / firm
      in europe / asia / other countries outside of the US though the compensation is very different

  • @davontawilliams3958
    @davontawilliams3958 2 роки тому

    Why do elite boutiques get paid more compensation than bulge brackets ?

  • @andrewguerra9117
    @andrewguerra9117 2 роки тому

    Could you do a video on asset management

    • @thatkid9629
      @thatkid9629 2 роки тому

      Dude no way. Andrew Guerra?! Bro I wanna be a pike at Uark so badly. Can u help me?? 😝😝

  • @jg7088
    @jg7088 2 роки тому

    HBO's Industry was pretty accurate in what goes on in IB do you think haha?

  • @sankeerthansai4080
    @sankeerthansai4080 Рік тому

    hey!
    iam sunny and iam doing my masters in finance and economics.I want to be an investment banker.
    can u tell me what should i do after completion of my studies ?
    can you guide me?

    • @blessinggold6312
      @blessinggold6312 Рік тому

      👆👆👆I was curious also to know the right trading and investment services, until I met expert Mrs Miriam Klein after changing my life I promised to advertise her everywhere I go.
      Her number and name is what I desplay

  • @PapaJenkinz
    @PapaJenkinz 2 роки тому

    Surprised you didn’t mention RBC Capital Markets

  • @barryaherne215
    @barryaherne215 2 роки тому +5

    I'm kind of speaking from an unknown place here, but I did a quick Googley to see how things are here in Europe, and what I found was that the maximum amount of hours that one can work in a week is 48, and employees are entitled to at least an 11 hour break every 24 hours. That would lead me to a few thoughts/questions:
    Maybe I'm a little naive here and it does happen in some industries, but the idea of working up to 100 hour weeks would not be allowed in the EU legally, especially combined with having 9 hours at most between finishing and starting. That being said, if IB does indeed happen over here, then deals must be completed in a much longer window, so then why can't the same happen in the U.S? It wouldn't be anything to do with those wonderful, non-exploitative labour laws, would it?

    • @rareliquidcareers
      @rareliquidcareers  2 роки тому +1

      hmm i'm pretty sure bankers work more than 48 hours a week in europe though you may know better than me. not sure about your question!

    • @barryaherne215
      @barryaherne215 2 роки тому +1

      @@rareliquidcareers - Brave of you to assume I know better than you lol. But yeah, I was just curious.

    • @tilloberto
      @tilloberto 2 роки тому +2

      There might be laws but the fact is that analysts also have to work for 70+ hours in Europe. It might be a bit more in the US but they are also earning more. The economy depends on investment bankers and strategy consultants. That's why politics doesn't step in. Hope that clarifies.

    • @barryaherne215
      @barryaherne215 2 роки тому +1

      @@tilloberto Good to know. Thank you!

    • @minecraftsteveable
      @minecraftsteveable 2 роки тому +3

      Actually, most banks in London make you sign a waiver for those hours if you are a EU citizen, meaning you still work long hours.

  • @darshitshah7095
    @darshitshah7095 2 роки тому

    Do u need an MBA or a CFA for IB ? Which is better ?

    • @rareliquidcareers
      @rareliquidcareers  2 роки тому

      mba is the best way to enter IB as an associate, cfa not needed

    • @darshitshah7095
      @darshitshah7095 2 роки тому

      @@rareliquidcareers Currently I have completed the US CMA and looking to join Investment Banking. Will I ever need the CFA to join IB or can I skip it and move on with getting an MBA as I find the CFA really really difficult to complete.

    • @SirPunzalot
      @SirPunzalot 2 роки тому +1

      @@darshitshah7095 He just said ignore CFA and go with an MBA. Can't you read basic English?

    • @iambloopy
      @iambloopy Рік тому

      Yes

  • @JC-dx6ep
    @JC-dx6ep 5 місяців тому +1

    If you’re comparing wolf of wall streeet to IB in the first 30 seconds of the video, you have no idea what you’re talking about

  • @luis61961944
    @luis61961944 2 роки тому

    is blackstone not a Investment Bank?

  • @tarunlohani263
    @tarunlohani263 2 роки тому +1

    State Bank of India

  • @owoadeenoch2814
    @owoadeenoch2814 2 роки тому +51

    I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?

    • @indahlestari7633
      @indahlestari7633 2 роки тому

      All you need as a beginner to make good profit from cryptocurrency is a professional trader who will trade on your behalf else you may make losses.

    • @noraemelda3714
      @noraemelda3714 2 роки тому

      That is true, you need an expert trader to make good profit from cryptocurrency trade

    • @noraemelda3714
      @noraemelda3714 2 роки тому

      And this is the perfect time to invest in cryptocurrency because of the rise in cryptocurrency.

    • @leonardwinston4232
      @leonardwinston4232 2 роки тому

      How can someone know a professional trader that is trustworthy when legit ones are hard to find this days.

    • @leonardwinston4232
      @leonardwinston4232 2 роки тому

      💯💯💯

  • @rajshreyashadhav3052
    @rajshreyashadhav3052 2 роки тому

    To what level do you think that the comp will be increased 2-3 yrs down the line?? Specially at the lower levels

    • @rareliquidcareers
      @rareliquidcareers  2 роки тому +2

      i'd actually be surprised if they keep bumping it up because there's been a meaningful increase already. the old $85K base for analysts was the base for i think 3-5 years, so i wouldn't expect another bump for at least another 2-3 years

    • @rajshreyashadhav3052
      @rajshreyashadhav3052 2 роки тому

      @@rareliquidcareers ohh that's good to know 👍

  • @THEBIGBULL-k4o
    @THEBIGBULL-k4o Рік тому +4

    I am an under graduate student from India and will pass CFA level two and FRM both level papers till graduation. I am pursuing bachelors degree in account.
    And along with this I also do an internship as an equity dealer with one of the Top brokers in India.
    After I graduate, I dream of my future and my career in Wall Street in New York, is this dream possible, that I can then take a job in a very big company like Morgan Stanley, JP MORGAN, Goldman Sachs or another big and medium Financial Corporation.
    Please reply I need help a lot. And I am going to have a dream that there is a boy who dreams of doing something big in the future. Please reply.

  • @emacro65
    @emacro65 6 місяців тому +4

    70-100 hours a week... Sounds like a terrible job

  • @blessinggold6312
    @blessinggold6312 Рік тому +33

    Thanks for the update and keep doing what you do

  • @taresy6789pp
    @taresy6789pp 2 роки тому

    show the world what Orientals are made off we are not soft as you think, good luck mate

  • @arthurholanda3305
    @arthurholanda3305 2 роки тому

    Do they have vacation? 😂

  • @mracisthy3732
    @mracisthy3732 Рік тому

    Could I be your mentee 👉🏻👈🏻

  • @georgiejackpot9540
    @georgiejackpot9540 Рік тому +1

    I want to get paid 1 miiiiiiiilion dollars

  • @Sam.observe
    @Sam.observe 2 роки тому +1

    Could I work in an investment bank at the age of 14? I really have a big passion with business and a lot of education about finance. I even predicted the crash of Bitcoin and the rise of a solar company, but my dad didn't allow me to short sell Bitcoin and to invest in the solar company so I lost the opportunity 😂.

  • @zoeykate9947
    @zoeykate9947 2 роки тому +3

    Crypto currency and NFTs will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% profit from my current investment

    • @simpletoff8733
      @simpletoff8733 2 роки тому +9

      Ok Zoey

    • @adamlaporte2512
      @adamlaporte2512 2 роки тому +7

      This did not age well.

    • @DanielRoytman
      @DanielRoytman Рік тому +1

      What and what will outsmart banking? Come again?

    • @AribellaAC
      @AribellaAC Рік тому

      Cryptos only value is what others value it as. Crypto is too volatile to ever replace currency.

  • @123shotas
    @123shotas Рік тому

    Credit suisse 😂😂😂
    More like credit suicide

  • @uropy
    @uropy Рік тому

    IB is good to very high pay, unstable career, and average social status. Yes, a bartender job hooks a chick better than a banker. No one gives a damn about banker.

  • @Joanna-cy4bv
    @Joanna-cy4bv 2 роки тому

    Hi the Jackfruit website appears to be 404 not found.

  • @Docketsattestation
    @Docketsattestation 5 місяців тому

    for the best business consultancy in Calicut you can click on the link www.ybnconsultancy.com/

  • @duhhullo27
    @duhhullo27 2 роки тому +1

    Could you make a video about sales and trading?

  • @billc9178
    @billc9178 8 місяців тому

    I’m considering paying for a 1 on 1 zoom call with you.
    I’m a career changer and wanted to see what advice you would have for someone transitioning from P&C insurance to Financial Advising (education background: economics). I recently passed my SERIES 65 and want to apply my degrees.
    Do you think you can help ?