why I REGRET being an Investment Banking Analyst

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  • Опубліковано 26 лип 2024
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КОМЕНТАРІ • 456

  • @jaredjordan5185
    @jaredjordan5185 3 роки тому +217

    I'm not an IB, but have a similar job
    I dream about missing emails/messing up deliverables... anyone else? LOL.

    • @ExistentialSadness
      @ExistentialSadness 3 роки тому +2

      What is your job?

    • @sanguinor5609
      @sanguinor5609 3 роки тому +4

      Not in the industry but I still have recurring dreams/nightmares about minor formatting errors hahaha

    • @jaredjordan5185
      @jaredjordan5185 3 роки тому +12

      @@ExistentialSadness big 4

    • @ivanovai
      @ivanovai 3 роки тому

      no

    • @alanahiga9613
      @alanahiga9613 3 роки тому +10

      Omg hey Jared! We were at Deloitte together. Hahahaha this UA-cam algorithm is scary. I still have trauma from the one summer at a Big 4 LOL I can't imagine being full-time haha but props to you for sticking it out! Hope you're happier at your new place. :)

  • @mattjenner1994
    @mattjenner1994 3 роки тому +156

    the second point hit so true - I never really knew what anxiety was before I started in banking, but now I feel overwhelmed with it pretty much all the time

    • @TheBryanJun
      @TheBryanJun  3 роки тому +13

      yeah it's a never ending feeling

    • @marcusanthonio
      @marcusanthonio 2 роки тому +5

      I have really bad anxiety after a year an a half of being at my firm. I never realized it was such a widespread thing. I am leaving the firm because mental health is a thing that needs to be addressed.

    • @mbank3832
      @mbank3832 Рік тому +4

      same. i don't know why i am constantly worrying about something, when there is nothing

  • @tchit8792
    @tchit8792 3 роки тому +74

    I definitely feel this way. Being at a semi-target, I feel like I have to do everything to get the upper hand. I couldn’t get into the selective finance orgs, so to compensate I joined two general finance orgs, a student run fund not affiliated with the college, a search fund internship, and will be doing a part time IB internship along with a full time VC internship this summer, and I still think it’s important I do a IB internship in the fall. At the same time, I really see myself in the VC/tech/ tech PE space, and so I do extra activities in that space. I’m not comfortable with leaving IB behind b/c I don’t know if I want to be in HF, PE, etc. But also, I feel that my experience in finance is that it’s somewhat toxic. All the activities I’ve done in finance require you know the nuances of financial models, have perfect stock pitches, and have no desire to be in an industry other than finance - otherwise, you’re judged and are left out of opportunities. It’s really made me question how much I want to be in finance.

    • @TheBryanJun
      @TheBryanJun  3 роки тому +12

      Always good to be introspective

    • @johnliu5520
      @johnliu5520 3 роки тому

      Which semi target are you at?

    • @nikg6305
      @nikg6305 2 роки тому +3

      What year are you in college? You've done so much holy crap

    • @Alzzael
      @Alzzael 2 роки тому

      for sure VC/PE is much more fun than IB, most of people in IB want to then exit to others branches such as PE, hedge funds, etc.. after a few years

    • @halofanaticboy
      @halofanaticboy Рік тому

      dat feel when target school but work in back office

  • @r.b5496
    @r.b5496 3 роки тому +32

    I appreciate the way you explained this topic by mentioning the possible negative effects but simultaneously tried not to demotivate the upcoming juniors. Good job!👍

  • @puffer_fish58
    @puffer_fish58 3 роки тому +35

    great video, Bryan.
    i already have a lot of work anxiety due to college and extra-curriculars (i study management & industrial engineering) and i used to be this super try hard person, before college, but eventually i ended up looking at my sides and seeing how much i was giving up in order to become just another financially successful but unfulfilled worker. had to go to therapy and it helped me a LOT to find some of my values and create a healthier lifestyle. however, as i said, work anxiety is still a thing.
    anyway, i really don’t see myself in banking nowadays... maybe other industries within finance, but that’s it

    • @TheBryanJun
      @TheBryanJun  3 роки тому +3

      Good to hear that therapy's working for you wishing you the best moving forward

  • @rohitkadam2
    @rohitkadam2 3 роки тому +27

    PE internships out of second grade..hahaha. absolutely relate this video. Been through this myself.

  • @nemrutbaba
    @nemrutbaba 2 роки тому +15

    Son. Let me tell you something about regret. It's better to regret something you have done, than something you haven't done.

  • @grahamster8
    @grahamster8 3 роки тому +30

    A close friend of mine that was working in IB burned out after 11 months. He said working from home during the pandemic actually made his life even worse because he was never off. He only got Saturday off and even then he didn’t really feel off. When he started he was like “I’m going to do this for 5 years, stack a lot of money and then get a more relaxed job” boy he was wrong.

    • @TheBryanJun
      @TheBryanJun  3 роки тому +4

      Yeah it's definitely a "to each their own" type of job

    • @beautifullytextured6136
      @beautifullytextured6136 2 роки тому +4

      I was just thinking about that. Going from bed to 14-16 hrs and going back to bed messes with you

  • @SelvinsStudent101
    @SelvinsStudent101 2 роки тому +7

    Hey Bryan great video! As an ex investment banking analyst (Nomura in London), I share so many of the things you mentioned here. Particularly the one around anxiety and always needing to respond. I feel bad because since I was working from home, I think this trait has slightly rubbed off on my gf (we live together) even though she doesn't work in anything finance related. It definitely isn't how the real world works. That thing about an email sitting in your inbox for a while is completely true. There are way more important things in life to deal with

  • @27Gmyz
    @27Gmyz 3 роки тому +14

    Do what you feel passionate about. You may get the right environment, network, books, side hustles and success so you do not need to work if you do not want to... but you need to enjoy the path and adapt to the new opportunities you will find. That career path does not seem to have been a sustainable one for you in the long-term... you can work as an analyst at a 10-12 hour a day position in lots of funds if you really like it. A lot of people are advancing faster out of the office by networking, reading, personal development, etc. You can work at what you like till you do not need it.

  • @christopherleinweber5455
    @christopherleinweber5455 Рік тому +1

    Eel I really enjoy this investment banker series that he’s releasing its very informative and I can’t wait to see more of his videos

  • @NOCLUEinvalid
    @NOCLUEinvalid 3 роки тому +44

    i don't want to get into banking but i watch these videos lol

    • @TheBryanJun
      @TheBryanJun  3 роки тому +5

      LOL there's so many better videos to watch

    • @mauricioalejandro74
      @mauricioalejandro74 3 роки тому +2

      I could care less about banking. This dude is entertaining to watch

  • @lovelife655
    @lovelife655 3 роки тому +4

    Great video, thanks for sharing the reality in a meaningful way. Not many people want to talk about the realities

  • @chriswaldorf1560
    @chriswaldorf1560 3 роки тому +2

    Excellent commentary and analysis. Fully agree that skills one gets are in finance and not really transferrable into other areas.

    • @TheBryanJun
      @TheBryanJun  3 роки тому

      Glad you enjoyed the video and agreed!

  • @eejuinng4312
    @eejuinng4312 3 роки тому +22

    I can relate to your experience. To be honest, I think there are too many talented individuals working in the banking industry. If I can do it again, I would love to be a quant.

    • @TheBryanJun
      @TheBryanJun  3 роки тому +6

      This is such corny advice but I think any "if I can do it again..." is worth at least one try!!

    • @LucaPizzoplus
      @LucaPizzoplus 3 роки тому +1

      Is the job of a quant much different from the one of a financial analyst?

  • @DavidGarcia-nz1qf
    @DavidGarcia-nz1qf 3 роки тому +15

    I loved hearing your perspective on this topic.
    Starting minute 7:10. Literally described me and my thought process. What is there to regret about putting in the work though?
    I was the easy-going mediocre high school student. Never went to class and hated the idea of school; i never had a vision for my life. In college I met so many different people with insane mindset and unique stories - i learned so much about myself and the value of visioning your future and being the creator of it. Act or be acted upon.
    Now I relate to everything you just explained. Networking and taking extra courses online to have the upper hand. This really put into perspective the amount of time that I put thinking about becoming that banker.
    I regret being that mediocre student in HS who had no idea where his life was headed. I’m glad I’m able to look back and know I can take control. To me IB is proof of just that - the ability to write my own story and never letting anybody write this for me like i unknowingly did in HS.

    • @dhruvasthana1690
      @dhruvasthana1690 3 роки тому

      Hi I’m an ib aspirant is there any way I can contact you?

    • @TheBryanJun
      @TheBryanJun  3 роки тому

      Appreciate the insight and relatability

  • @Vietnam162
    @Vietnam162 3 роки тому +61

    Hey Bryan, thanks for sharing! Your thoughts, especially on how IB ruining the ideals surrounding money, really resonate with me. I exited banking after 1 year and am switching to tech. Hope your new path at your startup is a successful one!

    • @TheBryanJun
      @TheBryanJun  3 роки тому +5

      Thanks so much!

    • @tanvinator
      @tanvinator 3 роки тому +3

      What if you are tech in banking. 😄

  • @amalsoo6596
    @amalsoo6596 3 роки тому +1

    Awesome video as usual!

  • @Erick-tl6ll
    @Erick-tl6ll 2 роки тому +1

    I believe when you talk this is traditional IBD i.e. M&A, restructuring. I havent seen the hours be that bad for ecm or dcm (since it's very little modeling). Also, I think levfin, project finance, syndication and loan sales can compensate at high levels with less time/stress. Corporate Banking is actually great too but IBD folks are more about the prestige of the title. I know some guys in their low 30s making over 250k and working 60-70 hours, pretty good. I know a few folks in their 40s making 350k working 40 hours. Pretty good trade off.

  • @jackperry6269
    @jackperry6269 3 роки тому +1

    great content!!

  • @paul5324
    @paul5324 3 роки тому +8

    Great video. I’m not in IB but I feel the same way about my job in actuarial consulting. All I’m passionate about is math...and not working through data I’m not interested about.

    • @TheBryanJun
      @TheBryanJun  3 роки тому

      Yeah but honestly no job can probably satisfy that passion for most people sadly

  • @rosline.87
    @rosline.87 3 роки тому +3

    im on my research about who i want to become / career. And investment banker is in the list. there isn't lot of information about this field and i found yours which is really helpful. Thanks

  • @ErlendOnYoutube
    @ErlendOnYoutube 3 роки тому +1

    Thank you for telling us this brother.

  • @wfnicdao
    @wfnicdao 2 роки тому +12

    Coming from a third world country I can say this is typical of first world problems. In my country, many have difficulty finding work to pay for their next meal or feed their family. Anxiety is further amplified in first world countries due to tunnel vision from some lack of perspective or basis for comparison. For some it helps to visit a third world country for them to see and realise what they take for granted in their own country.

  • @British_loyalist
    @British_loyalist Рік тому

    Mate your videos are amazing.

  • @AlpacaCheese
    @AlpacaCheese 3 роки тому +2

    Great video, couldn’t agree more

  • @MrOsha7
    @MrOsha7 3 роки тому +3

    Hey Bryan,
    Love the video,
    Im looking to take an online financial modeling course, do you have any recommendations on which should I choose, because Ive been recommended wall streep prep
    Thank you

    • @cryptobusy2972
      @cryptobusy2972 3 роки тому

      Thanks for commenting,I will refer you to trade analyst and, accountant to make good income ,go more on digit asset's==+1....,7....,7....,2....,2....,4....,2....,5....,7....,9....,2

  • @14xx07
    @14xx07 4 місяці тому

    Yesss the more we take time surrounding us in any industry that focuses on money, we live life with prolong stress that takes away from us as a human. 🙏

  • @jaceyang3375
    @jaceyang3375 3 роки тому +468

    Dude your voice has potential. Have you tried voice casting in spare time? Lol

    • @TheBryanJun
      @TheBryanJun  3 роки тому +70

      That would be awesome- I'll look into it

    • @omkarsawant7933
      @omkarsawant7933 3 роки тому

      😂😂😂😂

    • @kumarbhat8154
      @kumarbhat8154 3 роки тому +5

      Yes. Seriously fab voice.

    • @donalee2677
      @donalee2677 3 роки тому

      Srsly lol u should try it

    • @chrissiec2123
      @chrissiec2123 2 роки тому

      @Alright Alright Alright I checked out Zach Gallardo based on your comment, and I like his voice just as much as Bryan's, but not better. I will say that Bryan's voice is the better version of James Charles' voice though.

  • @user-ht4xm5mj4h
    @user-ht4xm5mj4h 3 роки тому +16

    Bryan can you do a video on the trying-hard-to-get-into-ibd culture at colleges

    • @TheBryanJun
      @TheBryanJun  3 роки тому +9

      LOL Ill probably get in trouble for this but I like this idea

    • @NWKastaways
      @NWKastaways 2 роки тому

      @@TheBryanJun yay

  • @3llat
    @3llat 2 роки тому +2

    This what happened to me!!! Thank you for sharing

  • @magamaga1827
    @magamaga1827 2 роки тому +2

    Good video, young man. I'm 50 years old. While not a IB, I did work as a mid level executive for 25 years in the media/advertising/TV business in NYC. Loved it for a long, long time. But by my mid 40s, I was burnt. Couldn't sleep so started to take Ambien. Eventually became addicted and that, along with the day to day stress and never ending fires to be put out and pressure of having to secure revenue for a bunch of corporate elite assholes, I finally succumbed and was forced out of my job with a pretty shitty severance. And then my mother got sick so I had to also take care of her full time. After 2 years of literally doing nothing (living off my severance) and my mom's eventual passing, I moved back to my parent's house and inherited it so I live there now. I work as a doordash/uber eats driver making about $1,000 a week which is pretty good when you think about it. I work whenever I want. My expenses are next to nothing but property taxes and cable/electric bills on the house. I have no debt. I take vacations whenever I want. I go and do whatever I want. Many days I won't work until 1pm because I was staying up all night watching cool movies! I've NEVER BEEN HAPPIER. Sure, I deliver food for a living but it's enough for me to get buy and live a decent life with zero stress. My advice to kids? Make all your money when you can before 40, then just buy a cheap condo in Florida and live a very inexpensive life with a job that you really don't care about doing but has no stress.

    • @MM-wg6dy
      @MM-wg6dy 2 роки тому

      Good advice man, trying to do something similar although I am still “very young” as people say but have been working since 16, going to school and having two jobs due to my family’s debt. At the present moment, I am 22 but eventually flunked out on my third semester of college after getting burned out and diagnosed with clinical depression. Am now thinking of returning but don’t wanna go through the same ordeal all over again. That being said I was wondering if you had any advice for me as for what career to aim towards and/or what degree to pursue
      Thank you for your time

  • @vitaminhead1465
    @vitaminhead1465 2 роки тому +1

    Great perspective, you helped me make a decision, I’ve already had 2 mental breakdowns…so

    • @TheBryanJun
      @TheBryanJun  2 роки тому

      Glad it helped, make sure to seek help if needed!

  • @brentfisher8366
    @brentfisher8366 3 роки тому +1

    Great video. Makes some very valid points

  • @VedantsCorner
    @VedantsCorner 3 роки тому +101

    "PE internships right after second grade" made me laugh ...

    • @TheBryanJun
      @TheBryanJun  3 роки тому +5

      LOL

    • @gstaar4life
      @gstaar4life 3 роки тому

      that killed me aswell LMFAO

    • @15v1c1
      @15v1c1 3 роки тому +4

      most of my friends that have PE internships right after second grade are born in wealthy families. That makes it a lot easier to get in this roles because of the connections their family have

  • @aim-for-greatn3z947
    @aim-for-greatn3z947 3 роки тому +4

    That's crazy I ALWAYS wanted to work in investment banking!! I invest in real estate, day trade, have a job and multiple business but I know for a fact the money made in banking is amazing!
    And for me coming from a struggling background I always wished to be in that industry unfortunately in too stupid!!

  • @valeriyabrechko4100
    @valeriyabrechko4100 3 роки тому +1

    I did not expect this video

  • @samhitha395
    @samhitha395 3 роки тому +27

    Bryan you’re so awesome! I came into freshman year for my first semester the same way you described, IB took over my entire life. That’s when I started watching your videos haha. But I truly never loved it and now I’m on the pre med track which I wanted to do since I was a child. I came for those IB videos last semester but staying for Bryan!

    • @TheBryanJun
      @TheBryanJun  3 роки тому +2

      Thanks so much! I'm jealous of those that have the will to be a doctor best of luck

    • @NOCLUEinvalid
      @NOCLUEinvalid 3 роки тому +1

      yay im glad you're doing something you love

  • @benknapp7317
    @benknapp7317 3 роки тому +1

    Wise words my dude. Kudos and good luck

  • @magaliedewaele7814
    @magaliedewaele7814 3 роки тому +2

    love you bryan

  • @FinanceNinja
    @FinanceNinja 3 роки тому +7

    Awesome video Bryan! The stress seems insane :(

  • @ozbanker
    @ozbanker 2 роки тому +6

    Lol nice video. One comical experience I had was sitting in a Managing Director's office while he rattled off a bunch of things "to do" after 15 minutes of listening to him he asks me if I had completed one of the tasks already and I replied "how, I've been sitting in front of you ever since you asked me". Remembered that when you mentioned the impatience of not getting instant replies!!

  • @Constitution1789
    @Constitution1789 3 роки тому +41

    Have you heard of Domics? He's a UA-camr who uses humor and animations to communicate his experiences. Just some food for thought as you continue to grow your channel.

    • @TheBryanJun
      @TheBryanJun  3 роки тому +3

      Ooh ill check him out - I def need to put more thought into what I'm going to do with this

    • @youngbinsong552
      @youngbinsong552 3 роки тому +3

      @@TheBryanJun might be too early but maybe 100k sub video idea: draw my life video?

    • @TheBryanJun
      @TheBryanJun  3 роки тому +5

      @@youngbinsong552 LOL I'll do this soon

  • @HaroonKhan-jk3fh
    @HaroonKhan-jk3fh 3 роки тому +16

    You’re very eloquent bro 👌 I studied economics at university then banking and international at finance and back then everyone wanted to work in investment banking (probably still do!) I’m glad even though I applied I didn’t get in. Now I’m in a job I enjoy and I’ve got time to think about what Im really passionate about in life, it’s been amazing, all praise belongs to God

    • @TheBryanJun
      @TheBryanJun  3 роки тому +3

      sounds great!

    • @HtheKing
      @HtheKing 2 роки тому +2

      What job role did you end up getting into? Curious to hear

    • @NoRockinMansLand
      @NoRockinMansLand 2 роки тому

      What kind of job do you do?

  • @thex4716
    @thex4716 4 місяці тому

    6:54 Private equity internship after second grade is facts

  • @izquierdo1770
    @izquierdo1770 2 роки тому

    thoughts on Management consulting in comparison to IB?

  • @14xx07
    @14xx07 4 місяці тому

    These are reasons that changed my long term friend. They start placing themselves in effigy moral and life situations.

  • @EM-mk8jk
    @EM-mk8jk 3 роки тому +4

    i don’t think anxiety is the right word, more of an actual disorder. it’s more like just stress which can be good (eustress) or bad (distress) :)
    love your content, super valuable!

  • @12345614465
    @12345614465 3 роки тому +1

    sounds like getting into med school for me

  • @joemute2246
    @joemute2246 3 роки тому +1

    Would you say that going to a liberal arts college made recruiting and networking harder? I’m going to Middlebury and don’t really know how it compares to other more well known schools in terms of that

  • @zBMatt
    @zBMatt 2 роки тому +2

    I think that if you want work life and compensation / prestige you should work in sales and trading.

    • @TheBryanJun
      @TheBryanJun  2 роки тому +1

      S&T wasn't for me but def a good choice for others

  • @scroogemcduckrich9705
    @scroogemcduckrich9705 2 роки тому +4

    I just took a job as a commercial credit analyst.. hoping to learn so I can make money for myself

  • @dAvrilthebear
    @dAvrilthebear 3 роки тому +4

    It does take a lot of time to wear out. 4 years after a 3-year job at an Investment bank middle office -- I am still shrugging at hearing an e-mail notification and still generally burnt out. I still sometimes miss the excitement. But the hours and the stress were insane.

    • @anthonyp.7721
      @anthonyp.7721 3 роки тому

      Hello sir, I am a junior in high school and I'm interested in investment banking, may I ask a few questions?

    • @dAvrilthebear
      @dAvrilthebear 3 роки тому

      @@anthonyp.7721 I did middle office at FICC (Fixed Income Currencies and Commodities) for a Moscow/London investment bank. Not sure this is what you are interested in, but please ask if you are. FICC deals with derivatives, repos, buying and selling of fixed uncome securities. Not M&A or IPOs.

    • @anthonyp.7721
      @anthonyp.7721 3 роки тому

      ​@@dAvrilthebear Thanks for replying, yes I am interested in your experience with FICC. So it was pretty stressful as you mentioned, but after you left your 3 year job, do you feel the experience you gain was worth while? If you don't mind me asking, if you kept working in the business industry after you left that job, do you feel your experience in investment banking benefited you when you decided to start your next career or endeavor?

    • @dAvrilthebear
      @dAvrilthebear 3 роки тому

      @@anthonyp.7721 It did help, but not directly. When you have a good brand name on your resume, it really helps during interviews. Plus I am still friends with a few of my former colleagues and my former boss. They work for diffetent banks now, so it's a network of connections and it helps with getting interviews with good employers further down the road. I went into commercial banking (specifically, international trade finance). It has very little to do with derivatives, of course, but experience in IB is respected elsewhere in the banking industry.

    • @anthonyp.7721
      @anthonyp.7721 3 роки тому

      ​@@dAvrilthebear Thank you for the info. Also, the more I research about investment banking, the more it sounds like something I would like doing, considering I enjoy unprofessionally researching companies in an attempt to buy stock in them and make a profit every now and then. Investment bankers do research and analyze companies, correct?

  • @adamtownsend700
    @adamtownsend700 3 роки тому +11

    Hi Bryan,
    Have you got any advice on how a student in a semi/non target university can improve their chances of getting into IB? (I’m in the UK)

    • @danielkhumalo6481
      @danielkhumalo6481 3 роки тому

      Great question. I second this Bryan

    • @mattjenner1994
      @mattjenner1994 2 роки тому +1

      are you a graduate? best bet is probably get into the corporate finance division of a MM bank as an off cycle analyst or even look at some top 10 accountancy firms. then from there look to lateral to a full service IB after 2 years. if still at uni then apply to every single internship under the sun and maybe after 30 applications you might just land one. good luck with it (ex banker now living the sweet corp dev life)

  • @_hahahahahha
    @_hahahahahha 2 роки тому

    what role do you work now? (after banking)

  • @dummgedaddelt
    @dummgedaddelt 2 роки тому +8

    This video is very insightful, thank you :)
    I am currently studying Finance and want to get into the investment business but ultimately I aspire to found a Startup on my own, which does not need to be in the financial or Investment world but I would not exclude it. I see IB as a passion on one hand but also as a thing I have to do in order to gather experience, contacts, etc. on the other. Finance is actually something I really love but at the same time I don't want to limit myself if that makes sense. This video definitely got me thinking...

    • @BernardaJerkin
      @BernardaJerkin 2 місяці тому

      I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, I'm really just confused at this point.

    • @Jannie-yr4nc
      @Jannie-yr4nc 2 місяці тому

      A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @DellBriagas
      @DellBriagas 2 місяці тому

      That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?

    • @Jannie-yr4nc
      @Jannie-yr4nc 2 місяці тому

      Just research the name Angela Lynn Shilling. You’d find necessary details to work with a correspondence to set up an appointment.

    • @DellBriagas
      @DellBriagas 2 місяці тому

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @indoorphine
    @indoorphine 9 місяців тому

    its been 7 years I quit banking and only recently shed the crippling sense of getting all tense to even think about that life. I started med school 6 years ago and feel purpose, meaning, something investment banking could never give me. the ONLY good thing about that job is that I can truly appreciate my life now

  • @danielwang4917
    @danielwang4917 3 роки тому +20

    Hey Bryan, can we get a how to network and how to cold call and how to coffee chat video? Thanks

    • @markosjenicic4945
      @markosjenicic4945 3 роки тому +1

      he made one

    • @TheBryanJun
      @TheBryanJun  3 роки тому +4

      I have a video on this but maybe a revamped one for the new normal

    • @ichbinnilsroth
      @ichbinnilsroth 3 роки тому +2

      Biggest advice one networking I can give is to not think of it as networking, have conversations with people you like, the rest will follow

  • @konstantinradu4399
    @konstantinradu4399 3 роки тому +2

    My dad is a retail banker I’d like to be a business analyst in a IB I’m not sure if schedule is still 80-90 hours weekly. I knew about JP Morgan and other like GS that have many hours as mentioned above. But especially in M&A or private equity research and less hours in sales and trading. Anyway I’d considered being a quant as i started to write codes and algotrading.
    How is their condition about business analysts in these firms?

    • @TheBryanJun
      @TheBryanJun  3 роки тому

      I'm not sure if "business analysts" are a core function at banks - perhaps in their internal corp dev functions?

    • @konstantinradu4399
      @konstantinradu4399 3 роки тому

      Probably I’d be a external technician working as a data analyst and not IB related I mean not in the core activity of IB operations or M&A

  • @Josh-mo3ou
    @Josh-mo3ou 3 роки тому +6

    Seriously bro your voice is great lol

    • @TheBryanJun
      @TheBryanJun  3 роки тому

      HAHA thanks I'm trying to embrace it

  • @just_christian
    @just_christian Рік тому

    Meanwhile here I am trying to get into this career. Watching other people talk badly about it really just irks me. Wish we can trade places.

  • @garrycole9187
    @garrycole9187 3 роки тому

    Good Video but think when you are on your death bed, will you remember that feeling of enjoyment of a life event vs the bonus check that you got?

    • @cryptobusy2972
      @cryptobusy2972 3 роки тому

      Thanks for commenting,I will refer you to trade analyst and, accountant to make good income ,go more on digit asset's==+1....,7....,7....,2....,2....,4....,2....,5....,7....,9....,2

  • @mauricioalejandro74
    @mauricioalejandro74 3 роки тому +24

    Damn that sucks. I’m so glad I dodged an investment banking job offer a few years back.

  • @xxxx-tb4de
    @xxxx-tb4de 2 роки тому +1

    He is just starting and can always look for some other opportunity. What is the big deal?

  • @Jimothy-723
    @Jimothy-723 Рік тому

    operations management represent.
    best job i ever had.

  • @armaansanghavi8826
    @armaansanghavi8826 2 роки тому +2

    If you can go back to college would you go into business or do something like computer science?

  • @TuomasKivioja
    @TuomasKivioja 2 роки тому +19

    I ALMOST became a banker. Did a 6-month placement at a bulge bracket, and I've never felt as much anxiety in my life. The scary thing is that even during it I wasn't even considering not pursuing it long term because I was so conditioned to think that that was the path to success as an Econ grad. A blessing in disguise, I didn't convert (probably because I hated my life & the job so much that in the end I didn't do it that well lol) and that allowed me to open my eyes.
    Now I'm about to start my career as a software engineer which seems to be a much, much healthier industry even though it's still well-paid.

    • @piyushsharma-fj7kr
      @piyushsharma-fj7kr 2 роки тому +5

      How did you transitioned from econ graduate to software engineering?

    • @rubendelgado8432
      @rubendelgado8432 2 роки тому

      How did you transition

    • @leonhenry4861
      @leonhenry4861 2 роки тому +1

      It’s not. Long hours and you get fat over 30 as you’re sitting at a screen for 9/10 hours per day with no exercise and sometimes no daylight. Check out the tech lead.

    • @MM-wg6dy
      @MM-wg6dy 2 роки тому

      @@leonhenry4861 when you say check out the tech lead, what exactly do you mean? Is that a channel with IT career info. Or are you saying that’s a position better suited for whatever the main comment said? In which, for the latter, I would assume you have experience in IT already?
      Sorry if my question doesn’t make sense lol, ik I didn’t word it the best and nor am I that savvy in the tech field yet as I am only now beginning to think about which career path I’m pursuing. I was thinking of getting a BS in Computer Science because it’s usually what they the top-earners have although of course, I’m knowledgeable on the field enough to know that degrees are starting to hold less and less weight and it’s mostly about certs, practical experience, and demos of what you’ve done in IT and what you can do. But still, a friend of a friend got into IT with a computer science degree and that’s literally all he had and landed a job a team lead of either software development or some sort of coding. And I was kind of thinking of emulating his path somewhat but still am not sure what best route to take/do

    • @leonhenry4478
      @leonhenry4478 2 роки тому

      @@MM-wg6dy tech lead is a guy who used to be the Tech lead at Google and Facebook. He has a channel called the tech lead, he's Asian American. He explains everything about being an engineer. Long hours and crap basically. Hope that helps man.

  • @leonnalee2675
    @leonnalee2675 2 роки тому +2

    Investing is super fun but working in finance for me was soul sucking. I did learn a lot though to make myself rich

  • @did_i_ask_btchDO_i_look_i_care

    Just don't even bother omg! Ignore anxiety! When u think it, u get it. My mom is literally the happiest person on our house cuz she loves God & doesn’t even care bout emotions~ honestly, that never affected me as a child; her lack of emotions i mean. Seeing her happy makes me so happy too:)

    • @TheBryanJun
      @TheBryanJun  Рік тому +1

      truth

    • @did_i_ask_btchDO_i_look_i_care
      @did_i_ask_btchDO_i_look_i_care Рік тому

      @@TheBryanJun yeah all the best to u!!! Ik how hard u work & tysm for ur service!♥
      Recently my dad got arrested bcuz of banking issues for unreliable clients. It's been 1+ year since he went to jail, we're going thro hard times & no lawyer there to help us. Plz tc of urself & the job ur doing is very risky; So definitely, It's valid to regret.

  • @Duske3000
    @Duske3000 3 роки тому +2

    Great video. Here is one topic I think alot of viewers would love: Examples of crazy last minute requests during your work that would seem ridiculously insane to a person not in the industry? For example...changing font type and color of the bar chart at 4am before an investor meeting. Something like that.

    • @TheBryanJun
      @TheBryanJun  3 роки тому +2

      Hahahhahaah that's a funny idea I'll probs share during my live stresm

  • @abicortez6031
    @abicortez6031 3 роки тому +13

    Wow bryan..i'm still in IB and so far not yet thinking of leaving, but i can totally relate to EVERY SINGLE thing you tried to explained. And now it's surprising to realize, wow I work with other analysts/associates everyday but we never talked about these?? Just wondering, did you have a chance to share these with your colleagues before?

    • @accountsequity5587
      @accountsequity5587 3 роки тому

      How big is your firm?

    • @TheBryanJun
      @TheBryanJun  3 роки тому +3

      Always important to have discussions on why we do things we do - and definitely have shared this with colleagues before

  • @brandenmoreno6240
    @brandenmoreno6240 2 роки тому +1

    What should I major in to become a investment banker analyst?

    • @TheBryanJun
      @TheBryanJun  2 роки тому

      Probs finance to be safe but honestly anything

  • @merc340sr
    @merc340sr 3 роки тому

    Sounds like hell...will not be going into IB any time soon...

  • @ronyrubenvasquez4909
    @ronyrubenvasquez4909 2 роки тому +6

    Started at BB in NYC and I can thankfully say I don’t experience any of this. Maybe the culture has changed? Or is changing. Still long hours but things are more chill, people are more understanding and work life balance is actually a thing everyone gets now!

    • @TheBryanJun
      @TheBryanJun  2 роки тому +1

      great to hear I'm sure people actively thinking about it and the mass exodus during my year and below improved things

  • @opinionnnn
    @opinionnnn Місяць тому

    Dude there are two videos with same description just not is there ?
    You regret being a banker or not?

  • @2brnaught2b
    @2brnaught2b 2 роки тому +4

    do you think there are ANY careers in finance where people aren't miserable/unhappy?

  • @benis3473
    @benis3473 3 роки тому +1

    what career path are you pursuing now?

  • @Arthur-cn6jr
    @Arthur-cn6jr 3 роки тому

    what firm was this ? is this common amongst all Canadian firms for internships?

    • @cryptobusy2972
      @cryptobusy2972 3 роки тому

      Thanks for commenting,I will refer you to trade analyst and, accountant to make good income ,go more on digit asset's==+1....,7....,7....,2....,2....,4....,2....,5....,7....,9....,2

  • @michaelellis4292
    @michaelellis4292 3 роки тому +7

    For someone going into finance that wants a good job but doesnt want the IB toxicity what fields would you suggest we look into instead of IB?

    • @TheBryanJun
      @TheBryanJun  3 роки тому +1

      Maybe corp dev roles or like strategic finance

  • @raushanabilova1708
    @raushanabilova1708 2 роки тому +1

    You’ve talked ab anxiety that you face, especially ab waking up in the morning with thoughts of receiving e-mail, or non-resting on weekends. I’m actually facing it rn and can’t handle it, almost broken, do you have your thoughts in the video or you’re planning to make some? (I just saw your channel, so i’m new here) I wish to have some advice from you since I watched couple of your videos and i like them 😋

    • @TheBryanJun
      @TheBryanJun  2 роки тому

      Thanks! I'll work on a video on anxiety management, not sure if I've figured it out completely yet

  • @candiceontheway4073
    @candiceontheway4073 3 роки тому +2

    Also applicable to Sales &Trading, sigh

  • @xo5581
    @xo5581 Рік тому +2

    Hey man, thanks for this video. It really hit home for me, I’m in freshman year at a semi target university in the U.K. and I’m sending in my spring week applications. It’s 5:00 in the morning and I woke up with so much stress and anxiety of what if I don’t make it. Will I be a failure? I started asking myself why am I even pursuing this career is it something I want to prove to myself. I feel so drained.

    • @TheBryanJun
      @TheBryanJun  Рік тому

      yo you got this, a career can only fulfill you so much, and theres o much beyond finance

  • @BiscuitZombies
    @BiscuitZombies 3 роки тому +1

    Are there some jobs in that sort of IB area that are less stressful? Also, as someone with a degree in applied mathematics would IB even be a suitable carrier for me?

    • @TheBryanJun
      @TheBryanJun  3 роки тому +2

      There's definitely varying degrees depending on industry/firm but if you're in applied mathematics I'd suggest something else, IB might not be challenging/"math" enough for you

  • @mbank3832
    @mbank3832 Рік тому

    I can't even enjoy my consecutive leaves anymore, since you know work are piled up, waiting for your to clean up once you are back. You are lucky if your coverage is decent, if not, you will immediately being questioned about something that you didn't do by management, but you can't say you didn't do it just because you have to put on this "team player" mask

  • @kwameanane4798
    @kwameanane4798 3 роки тому +1

    Me listening to him for the first time..
    Me: Oh, what happened to his voice?!!

  • @chrisli7358
    @chrisli7358 3 роки тому

    Hey thanks so much for making this video. I’m someone who is currently in FDD right now and is looking to hop over to IB in the MM space; figured I might as well since I like the work and don’t mind the hours. As much as I see the benefits to investment banking, it’s always great to put into perspective what I am getting myself into with this career choice. Nevertheless, the video has been very helpful in my decision making calculus with regards to this career move of mine. FYI I’m still determined to get into IB even after watching this video. Maybe I’m a robot, who knows! I just subscribed so hoping to see more like this!

    • @cryptobusy2972
      @cryptobusy2972 3 роки тому

      Thanks for commenting,I will refer you to trade analyst and, accountant to make good income ,go more on digit asset's==+1....,7....,7....,2....,2....,4....,2....,5....,7....,9....,2

    • @chrisli7358
      @chrisli7358 3 роки тому

      @@cryptobusy2972 stfu

  • @johnliu5520
    @johnliu5520 3 роки тому +1

    are you from irvine? i noticed on ur linkedin that ur from a school in California?

    • @TheBryanJun
      @TheBryanJun  3 роки тому

      Yup!!!

    • @asvprvsa954
      @asvprvsa954 3 роки тому

      @@TheBryanJun hmm I’m from Jersey and will be attending college in Jersey but my desire to work as an investment banker is in your area lol. My question is : Will I have to find job over there on my own or will college help me link to them so I could start the process ? I have no idea how that works.

  • @OiVinn-eq1ml
    @OiVinn-eq1ml 3 роки тому +2

    Don't all jobs come with some anxiety? Obviously not as high as doctors, surgeons, etc.

    • @TheBryanJun
      @TheBryanJun  3 роки тому +1

      Yeah this is a good point actually it's more about the variance in anxiety

  • @manikantadream2360
    @manikantadream2360 3 роки тому +1

    Other than investment banker...can you suggest best jobs in finance with better work life balance

    • @theelitecombine1715
      @theelitecombine1715 3 роки тому +2

      PE associate, VC associate, asset managment and to a certain amount senior analyst roles at HF.

    • @TheBryanJun
      @TheBryanJun  3 роки тому +1

      agreed with the above!

    • @manikantadream2360
      @manikantadream2360 3 роки тому

      @@theelitecombine1715 Thank you bryan

  • @born2serve92
    @born2serve92 2 роки тому

    Spot on- leave asap and go to strategic finance, PE or corp dev :)

  • @davontawilliams3958
    @davontawilliams3958 2 роки тому +2

    I’m 22 and still in community college 😢

    • @Rudenbehr
      @Rudenbehr Рік тому +1

      nothing wrong with that as long as you transfer and don’t stay there

  • @JG-en8bg
    @JG-en8bg 2 роки тому +1

    You always have a decision, and you don't need to be special. You just decide.

  • @TheGoldKill
    @TheGoldKill 2 роки тому +11

    Im a sophomore at UC Berkeley majoring in economics, I want to become an investment banker but after watching videos from people and their experiences im having second thoughts. Do you have any recommendations on what other careers to pursue that have the same pay gap as IB ?

    • @tylerf3241
      @tylerf3241 2 роки тому +1

      S&T. Otherwise no, nothing really pays as high. Consulting is close.

    • @henrichevalier5228
      @henrichevalier5228 2 роки тому +1

      private equity fund, hedge funds, proprietary trading firms, pay is good

  • @AZ-vw8gn
    @AZ-vw8gn 2 роки тому +1

    I didn't expect this voice

  • @thesuperfilms
    @thesuperfilms 3 роки тому +5

    Finance is a waste of talent. All these smart people and all they do is make powerpoints.

    • @Doge4555
      @Doge4555 26 днів тому

      Without finance the world will disrupt, you dont know how many lives will be in danger if there is no finance

  • @rossfriedman6570
    @rossfriedman6570 2 роки тому +1

    If you could fix one problem in the world, what would it be?

  • @scooby7877
    @scooby7877 2 роки тому +3

    Did you get your CFA?

  • @sjflow4313
    @sjflow4313 3 роки тому +3

    So what do you do now? A full time youtuber?

    • @TheBryanJun
      @TheBryanJun  3 роки тому +4

      I work at a startup!

    • @jpot9803
      @jpot9803 3 роки тому

      @@TheBryanJun doing what though?

  • @chrissprague4025
    @chrissprague4025 2 роки тому +1

    what do you do now?

  • @ericstruan3647
    @ericstruan3647 2 роки тому +4

    “I regret being a banker…..but I would do it again.” Doesn’t ring true.