"The Making of an Investment Banker," With Jim Donovan

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  • Опубліковано 12 жов 2023
  • UVA Law adjunct professor Jim Donovan, vice chairman of global client coverage at Goldman Sachs, discusses what it takes to become an effective investment banker during a talk at UVA’s Batten School of Leadership and Public Policy. (University of Virginia School of Law, Oct. 4, 2023)

КОМЕНТАРІ • 232

  • @RationalArgumentMan
    @RationalArgumentMan 7 місяців тому +1854

    This guy has never used a filler word in his life

  • @r0ute37
    @r0ute37 7 місяців тому +300

    Jim Donovan seems like the type of guy to have a business card with subtle off-white coloring and tasteful thickness.

  • @myfriedscallmeguido
    @myfriedscallmeguido 7 місяців тому +560

    Interview:
    1. Read the WSJ every day. One article on macro economics, one on an especific company transaction, one on the op ed page.
    2. Get familiar with the 3 financial statements.
    3. Get the interviewer to talk about themself.
    4. Ask open ended questions.
    7:02 Keeping the job:
    1. Find a role model. Whoever is the best.
    2. Make it clear that you have no ego. No task is beneath you.
    3. Take notes. It conveys seriousness, shows the importance you assign to the topic, gives confidence that you are not going to forget. Recap the meeting at the end.
    4. Work hard.
    5. First impressions die hard. Be very responsive, especially early on.
    6. Never stop learning.
    14:04 How to excell:
    1. Give your client advise that is the best for them, even (and more so) if it's contrary to your interest.
    2. Take a position. (Assume the responsability on the matter)
    3. Embrace and relish in adversity.
    4. Master discipline.
    5. Excell on the merits.
    6. Never, ever, give up. Don't take no for an answer.

  • @FM-dm8xj
    @FM-dm8xj 7 місяців тому +906

    Please post way more Jim Donovan lectures and speeches!

    • @masterblockwarrior
      @masterblockwarrior 7 місяців тому +7

      Yes! Simply the best professional!

    • @lightyear3429
      @lightyear3429 7 місяців тому +18

      That guy is terrifying yet the best motivational speaker I've ever seen lol Some tough love, really makes you want to go get your shit together

    • @tredegar47
      @tredegar47 7 місяців тому +5

      I agree! As a young law student, this man has given me more meaningful advice than most of my professors.

    • @TLiu-1b
      @TLiu-1b 7 місяців тому +1

      is he a guest lecturer? he seems to be talking about similar materials in a couple other youtube videos of him a few years ago.

    • @TLiu-1b
      @TLiu-1b 7 місяців тому

      but the guy def knows what he's talking about, i learn something new every time i watch him talk.

  • @madferit84
    @madferit84 7 місяців тому +391

    Look how prepared he was. He learnt by heart the structure of the presentation with no slides at all. 4 key topics, each one had a certain amount of advices. Amazing brain, you can clearly see what Leadership means here. He is like a military General.

  • @realprofessoroak
    @realprofessoroak 7 місяців тому +393

    I wish my lectures in college were this good. Clear, succinct, and actually valuable content from someone that has a wealth of knowledge and experience.

  • @Ashkan547
    @Ashkan547 7 місяців тому +245

    He missed one important skill to become an elite investment banker: Getting a table at Dorsia.

  • @goatmentator1375
    @goatmentator1375 7 місяців тому +21

    This guy never has a problem getting into Dorsia.

  • @sergeykulik868
    @sergeykulik868 7 місяців тому +63

    I am not an investment banker, but his lectures on the industry and work ethics has been revolutionary in looking at client relationships for me.

  • @Cheesyfruitball
    @Cheesyfruitball 7 місяців тому +97

    Jim Donovan gives incredible lectures! My only wish is that we had more of them. I’ve watched all of them so far and have learned a lot, keep ‘em comin!!

  • @serdar1629
    @serdar1629 7 місяців тому +16

    After this video I subscriped the WSJ Newsletter.

  • @JHei10
    @JHei10 7 місяців тому +39

    I've been waiting for a long time for a continuation of Jim Donovan's videos!! Everyone should check out his lectures "Secrets to Optimal Client Service" , "Are You Destined to Deal?" and "Managing Client Relationships ".
    Thanks to the University of Virginia School of Law for posting this!

  • @3OOG
    @3OOG 7 місяців тому +52

    Investment bankers at GS keep a relatively low profile - Thank you, Jim Donovan for taking time to drop absolute gems. No matter your career pursuit you can find a way to apply these practices to your path for success.

  • @olbradley
    @olbradley 7 місяців тому +12

    Every speech he gives has a Gordon Gecko like tone and delivery to it and it’s great.

  • @felipeassme7437
    @felipeassme7437 7 місяців тому +8

    We need more lectures from Jim Donovan. Thanks!

  • @goatmentator1375
    @goatmentator1375 7 місяців тому +21

    Impressive. Very nice. Let's hear Paul Allen's secrets to the making of an investment banker.

  • @Blashmack
    @Blashmack 7 місяців тому +19

    Jim is a hitter. I can tell that this is another classic, definitely saving it.

  • @jordansmith6153
    @jordansmith6153 7 місяців тому +8

    Need more Jim Donovan content! This guy’s solid.

  • @jaywilldoit
    @jaywilldoit 7 місяців тому +43

    Love the bullet points he provides to navigate through not just a career in banking but in life as well. You don’t need tips on how to enjoy vacations or spend your money, like Bruce Lee said, don’t pray for an easy life, pray for the strength to endure a difficult one. In this case, Jim gives us the tools to navigate through a difficult but rewarding path.

  • @Dakid015
    @Dakid015 7 місяців тому +18

    I'm not and never going into investment banking. But my God I learned enough from this talk that I could apply to any business career. And it's more helpful than trying to get career advice at most undergraduate business programs. Jim Donovan's advice can be for anyone who wants to start learning business or be better at it.

  • @danteramirez1223
    @danteramirez1223 7 місяців тому +18

    Extremely grateful Jim Donovan is willing to share his immense amount of wisdom and knowledge with all of us. Timeless and incredible advice for people of all professions to follow.
    Thank you Jim for dedicating so much to your craft and passing down to others what you learned along the way. Very grateful to hear your talks.

  • @wb5374
    @wb5374 7 місяців тому +1

    I see Jim Donavan and liked the video instantly. Keep posting more of his lectures!

  • @erickvillegas1282
    @erickvillegas1282 7 місяців тому +6

    Thank you so much for this, I’ve watched his other speeches countless times; great to see more of him!

  • @TK-ne2yo
    @TK-ne2yo 7 місяців тому +1

    I've listened to Jim's other talks on UA-cam. I always walked away with helpful advice to apply in other areas of life. Great talk!

  • @JohnDoe-vf9yc
    @JohnDoe-vf9yc 7 місяців тому +18

    This guy is legendary! You guys need to make him the face of your Law and Finance curriculum at UV!

  • @mariasobradiel
    @mariasobradiel 6 місяців тому +1

    Tips that seem simple, but make a total difference! 👏🏻

  • @wacythepro8972
    @wacythepro8972 7 місяців тому

    Love Jim, always a great video when he's on.

  • @Luke.F04
    @Luke.F04 7 місяців тому

    I love those videos! We ask for more of Jim Donovan.

  • @Pro_Immigrant_Move-mm6nd
    @Pro_Immigrant_Move-mm6nd 6 місяців тому

    These classes are perfect!

  • @barbarosozturk
    @barbarosozturk 7 місяців тому

    Yet another awesome segment by Donovan!

  • @BradDoesFinance
    @BradDoesFinance 7 місяців тому

    Oh yes, they have done it again. University of Virginia you absolute BEAUTY!

  • @arkhan021
    @arkhan021 7 місяців тому

    Thank you for posting this

  • @fortnweb
    @fortnweb 7 місяців тому +4

    Jim Donovan, an inspiring man

  • @williamc123
    @williamc123 5 місяців тому +4

    One of the most concise, informative, insightful, and encouraging videos I’ve ever seen. Applicable to all business jobs and many aspect of life. Thank you Mr. Donovan!

  • @kafenadedmusic
    @kafenadedmusic 5 місяців тому +3

    I love his speech and mannerisms.

  • @scp025
    @scp025 7 місяців тому +2

    This is great advice for any job, not just investment banking

  • @martinl2930
    @martinl2930 7 місяців тому +5

    This applies to any job. Love it.

  • @kiburamaha7715
    @kiburamaha7715 7 місяців тому

    This is the best piece of advice I ever got! Thank you sir 🙏

  • @benlisi840
    @benlisi840 7 місяців тому +11

    Jim Donovan is a beast. I'd love to hear more from him as he has a wealth of knowledge!

  • @alexandersnow1963
    @alexandersnow1963 4 місяці тому +1

    This is aimed at aspiring investment bankers but I tell you what, this is some of the best advice I have ever heard for multiple careers.

  • @NickBedard
    @NickBedard 7 місяців тому +3

    Jim Donovan is a legend!

  • @ahsasmalik1
    @ahsasmalik1 7 місяців тому +15

    These kind of men need to join public service, especially in the current environment.

    • @TheTruthSeeker756
      @TheTruthSeeker756 7 місяців тому +10

      If there are not big dollars to put in their wallet, they won't get involved.

    • @theman5381
      @theman5381 7 місяців тому +2

      @@TheTruthSeeker756there is a ton of money in government. Congress can insider trade legally.

  • @reedlizard912
    @reedlizard912 7 місяців тому +7

    Not sure why the algorithm suggested this video for me. I admire hard work. I admire initiative. I admire selflessness. This guy certainly has an impressive resume. I wonder though, if/when he looks back on his life, would the sacrifices that he made have been worth it.

  • @tdavidpurcell
    @tdavidpurcell 7 місяців тому +2

    Great advice beyond investment banking

  • @jeabja
    @jeabja 5 місяців тому

    Thank you for your suggestions, I love them 😀

  • @williamlocke9223
    @williamlocke9223 7 місяців тому

    I live for these

  • @morningstar3437
    @morningstar3437 7 місяців тому +1

    Yes, please post moree!!!!

  • @barbarawieners6987
    @barbarawieners6987 7 місяців тому +6

    “The Making of a Phenomenal Public Speaker” with Jim Donovan

  • @eduardobasanezbordas
    @eduardobasanezbordas 7 місяців тому +2

    Incredible speech

  • @dwarkeshgaur
    @dwarkeshgaur 4 місяці тому

    One of the greatest piece of advice on investment banking.

  • @boiman1681
    @boiman1681 7 місяців тому +18

    I'm not even an investment banker or even remotely in that industry. I'm a structural engineer.
    But the way Jim talks really motivates me and I think a lot of what he says transfers to all jobs

    • @Happyaua2023
      @Happyaua2023 7 місяців тому +1

      you can transfer it on every aspect of life somehow, thats why its a excellent speech!

  • @davidhubi7738
    @davidhubi7738 6 місяців тому

    Thank you so much for this! This speech was useful to me.

  • @stiller_jungmann
    @stiller_jungmann 7 місяців тому

    Thanks a lot for this upload. I am a student at Mannheim Business School and this was really enlightened and helpful.

  • @brandoalberga1762
    @brandoalberga1762 7 місяців тому +2

    Need more videos of Mr. Donovan

  • @iamalexfranz
    @iamalexfranz 7 місяців тому +7

    Beautiful! This is amazing life advice in general fullstop - not limited to a career in investment banking. Thanks for uploading!

  • @mohdhashir1520
    @mohdhashir1520 6 місяців тому +1

    outstanding lecture!!!

  • @MehdiPopotte1412
    @MehdiPopotte1412 5 місяців тому +1

    Jim Donovan is THE Man

  • @alexbakuta7375
    @alexbakuta7375 7 місяців тому +1

    Please post more of Jim Donovan

  • @muresanvlad8788
    @muresanvlad8788 4 місяці тому +1

    Execelent speech, he is someone I look up to, he is my role model even though I didn't pursue a career in IB.

  • @michael57603
    @michael57603 7 місяців тому +75

    The best way to achieve work-life balance is to be really good at what you do. I think at least 90% of people don’t understand this.

    • @JudeMarchisio
      @JudeMarchisio 7 місяців тому +18

      I'm sure you think your comment is very insightful, huh?

  • @afsanaakther2173
    @afsanaakther2173 7 місяців тому +1

    Love this

  • @MS-tg5fy
    @MS-tg5fy 3 місяці тому

    Solid life advice not just IB! Thanks

  • @johnnysmithiii
    @johnnysmithiii 7 місяців тому

    Amazing lecture

  • @prasadallakonda5894
    @prasadallakonda5894 2 місяці тому

    This is one of the best video ever seen so far😊

  • @highass
    @highass 7 місяців тому

    ethics is without a doubt one of the most important aspects of business. the client always comes first

  • @Palmtreeshinobi
    @Palmtreeshinobi 7 місяців тому +4

    The GOAT is back

  • @JamesMasterPeverel
    @JamesMasterPeverel 5 місяців тому

    This gentleman is a Legend!

  • @JeffHongchang
    @JeffHongchang 7 місяців тому

    Love u Jim

  • @JustinMurphy-zj1le
    @JustinMurphy-zj1le 4 місяці тому +1

    I used to look around at management committee meetings and think, “If we were to go to war, who would I want to be our leader”. Jim Donovan would definitely get my vote.

  • @tylerbrester4617
    @tylerbrester4617 4 місяці тому +2

    I feel like this is good advice for any job.

  • @finotips
    @finotips 5 місяців тому +1

    Nothing better than this on 31st dec 2023!!

  • @phdgaming8972
    @phdgaming8972 7 місяців тому +1

    the goat is back.

  • @georgeburnett3110
    @georgeburnett3110 7 місяців тому

    Jim is back!!

  • @SamuraiDraco
    @SamuraiDraco 7 місяців тому +12

    Finally, we have something from our in-house Patrick Bateman. Jk this guy has give me a lot of leadership lessons.

  • @odanegray4319
    @odanegray4319 7 місяців тому

    I needed this 💯💪

  • @ueda6512
    @ueda6512 7 місяців тому

    amazing video

  • @DB-bz9qx
    @DB-bz9qx 7 місяців тому +2

    I love his top-down communication combined with his professional demeanor

  • @kiwus87
    @kiwus87 7 місяців тому

    Incredible

  • @lukehobbs3177
    @lukehobbs3177 7 місяців тому

    Great video

  • @johnnyrico7104
    @johnnyrico7104 7 місяців тому

    Omg the king is back.

  • @SebastianDuto
    @SebastianDuto 7 місяців тому +1

    the legend himself

  • @imalienkhan
    @imalienkhan 7 місяців тому

    insight full

  • @financelearn7702
    @financelearn7702 7 місяців тому

    He's back

  • @user-fx5zj3ut9n
    @user-fx5zj3ut9n 7 місяців тому

    The Goat

  • @totoro309
    @totoro309 7 місяців тому +1

    This applies to every single jobs out there

  • @charlessg8493
    @charlessg8493 7 місяців тому +3

    Jim Donovan 2024

  • @ashekinmostafa
    @ashekinmostafa Місяць тому +1

    I am going to watch it again just to write it down.

  • @ANA-db9yn
    @ANA-db9yn 5 місяців тому

    WONDERFUL , NO BETTER ✅👌

  • @Jayhawkfinance
    @Jayhawkfinance 7 місяців тому +4

    Anything with fierce competition will be difficult to succeed in. that really can apply to sports and other sectors as well. My favorite observation is F1 drivers. There are only 20 drivers in the whole world that will actively be behind the wheel of an F1 car… think about that for a sec. There are billions of people on the planet but only 20 get the opportunity.. if that isn’t fierce competition idk what is. being great at your craft is the greatest equalizer imo. love the video!

  • @skymaster9665
    @skymaster9665 6 місяців тому

    Also, read the Fundamentals of business by Michael Scott.

  • @chosen8843
    @chosen8843 7 місяців тому

    Legend

  • @jaketvalentine
    @jaketvalentine 7 місяців тому

    Big Dawg back on Campus - LFG J Donovan 😈🥷🏻😤

  • @davidkess3750
    @davidkess3750 5 місяців тому +2

    This guy has the best comments.

  • @C.D.Services
    @C.D.Services 2 місяці тому

    Voice ❤

  • @luislopes806
    @luislopes806 7 місяців тому +4

    Jim Donovan is vice chairman of global client coverage at Goldman Sachs, where he is responsible for advising many of the firm’s largest corporate and individual clients.

  • @bw-pi8gu
    @bw-pi8gu 4 місяці тому

    UVA is very good at teaching students how to look professional. Wish he actually goes into how to make good use of the notes, for example, on the more concrete level.

  • @Leyoutuber01
    @Leyoutuber01 7 місяців тому

    Is there the same style of video for jobs in trading room ? I mean, with speakers as experienced as Jim Donovan in this field ? (Even if most of Jim Donovan’advices are also applicable for jobs in trading rooms)

  • @bobbyfischer9216
    @bobbyfischer9216 7 місяців тому

    I love him. Please post more lectures for us. He is a god

  • @adayinthelife3312
    @adayinthelife3312 7 місяців тому +4

    This is my Super Bowl

  • @Dokuzu
    @Dokuzu 28 днів тому

    Props