Ex-Goldman Sachs REACTS to 'Industry' Ep.2 (New Investment Banking Series)

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  • Опубліковано 5 січ 2025

КОМЕНТАРІ • 209

  • @samuelgendy
    @samuelgendy 4 роки тому +446

    yesss keep doing this for the whole season bro

    • @AfzalHussein
      @AfzalHussein  4 роки тому +33

      👊🏽

    • @samuelgendy
      @samuelgendy 4 роки тому +4

      @@AfzalHussein By the way I wanted to ask you what do you think about IT careers in investment banks? (jobs like product manager, IT business analyst etc... guys in charge of the information systems that other employees use)
      Are they well paid? well treated etc.
      Thanks & keep up the good work! cheers

    • @gustova4280
      @gustova4280 4 роки тому +3

      @@samuelgendy to my knowledge theyre mostly considered back office and pay relatively less than front office roles like m&a, trading and sales

    • @philippheller9439
      @philippheller9439 4 роки тому +2

      @@samuelgendy Have you thought about technology consulting? In bigger firms like Accenture you’re well paid and can also work for investment banks or other big cooperations.

    • @samuelgendy
      @samuelgendy 4 роки тому +1

      @@philippheller9439 Yeah I’m considering that, you will be an external employee to the bank and you will be paid by hour/day. Definitely interesting if the job is in demand and I can easily find missions after missions. Cheers

  • @MOTV583
    @MOTV583 4 роки тому +63

    You deserve all the attention you're getting. You're the only reason I know this show exists, and now I'm watching all of the episodes. I'm sure I'm not the only one, they should send you a t-shirt or something for the free promo.

  • @deansworld2047
    @deansworld2047 4 роки тому +31

    this man needs to do storytimes where he spills the tea on the drama he has seen in the industry

  • @Ghost-ov2yr
    @Ghost-ov2yr 4 роки тому +96

    Very entertaining series, I don’t even watch this show but your videos/feedback on this show gives good insight

    • @AfzalHussein
      @AfzalHussein  4 роки тому +2

      Haha, thanks!

    • @Adilrajasoldierspeaks9702
      @Adilrajasoldierspeaks9702 4 роки тому

      Don’t watch the show, Afzal’s reviews are actually better in comparison

    • @AreolaGrande94
      @AreolaGrande94 4 роки тому

      @@Adilrajasoldierspeaks9702 How would you know to compare, if you didn't watch the show?

  • @fidgetspinner343
    @fidgetspinner343 4 роки тому +58

    No wonder these reaction videos have been so popular for you. Fantastic analysis, insightful and interesting. You seem like a decent chap. 👍

  • @edenjames5062
    @edenjames5062 4 роки тому +13

    So much love for your channel man. Coming from a 15 year old GCSE student who has been working hard researching finance, investment banking and so on, this channel has been a great mentor and support

    • @hussainiqbal6077
      @hussainiqbal6077 4 роки тому

      Why you doing 15? Just do 11/12 so you can secure a high a* percentage BC unis only care about percentage a* or top 8 grades not number of a#

    • @edenjames5062
      @edenjames5062 4 роки тому +3

      @@hussainiqbal6077 i mean 15 year old sorry lmao

    • @harrybergin9201
      @harrybergin9201 2 роки тому

      I have been doing the same reading valuation and corporate finance

  • @MoDeRahManz
    @MoDeRahManz 4 роки тому +19

    I'm hooked on watching your reviews over the actual show. I worked a similar setting

  • @tergsy
    @tergsy 4 роки тому +24

    “This guy... idk, something about his face just annoys me” had me dying

  • @natasha9563
    @natasha9563 4 роки тому +20

    Love the reactions for this show!! They just announced that Friday they’re releasing the rest of the episodes on HBO Max available to binge bc of the holidays!

  • @HealerBuild
    @HealerBuild 4 роки тому +75

    This reaction series is very beneficial for young people like me. I appreciate your reactions and insight. Keep it up 👍🏻

  • @penthousewhippit
    @penthousewhippit 2 роки тому +6

    I don't think she thought he was hitting on her, I think she literally was just saying she was already booked on Friday evening.

  • @MogulProductions
    @MogulProductions 4 роки тому +1

    This is becoming my favourite video series on youtube! I also like the length of more than 20 minutes, so you really have enough time to talk about the details. Looking forward to the third part!

  • @AfzalHussein
    @AfzalHussein  4 роки тому +27

    Timestamps:
    00:00 - Intro
    00:44 - The cast RETWEETED reaction video 1!
    01:12 - Gyms at banks
    02:13 - Catch-ups
    02:53 - A costly misunderstanding
    03:57 - Only wearing boxer shorts at work
    04:20 - Etiquette
    05:17 - Drinking culture
    05:48 - Compliance/HR
    06:33 - Deal tombstone
    07:00 - Hidden agendas
    08:00 - The culture in IBD
    08:44 - Don’t share client confidential information
    09:30 - How different parts of the bank compete against each other
    10:55 - Always have a pitch idea ready
    12:38 - Vulture-like sales tactics
    14:50 - Communicate before every meeting
    15:42 - Intern dinner
    16:24 - Team restructuring and headcount
    17:50 - VP flips out at dinner
    20:04 - The typical end to every night out
    20:30 - My thoughts: a pinch of salt
    21:58 - My thoughts: exit opportunities
    22:50 - My thoughts: securing an offer
    23:32 - My thoughts: the pressure is real
    24:08 - My thoughts: internal politics
    25:21 - My thoughts: adultery and drugs
    Get FREE premium access to all my Skillshare courses here: skl.sh/3nDGOrb.

    • @matcopr
      @matcopr 4 роки тому +1

      Absolutely love the way you format your videos, really slick and professional. Keep up the good work.

    • @yington
      @yington 4 роки тому

      17:50 --> he is sales. Not a trader. In fact, I don’t understand why the whole thing was just sales, and little on traders.

  • @joshuaalhassan4219
    @joshuaalhassan4219 4 роки тому +21

    I dont even watch the show I just love these reaction videos😂

  • @ZarR007
    @ZarR007 4 роки тому +6

    50k congratulations! been watching this since 4k

    • @AfzalHussein
      @AfzalHussein  4 роки тому +3

      You a real one! 😄🙌🏽👊🏽

    • @rhyssharp9673
      @rhyssharp9673 4 роки тому +1

      Woah Mohammad hey didn't think id catch you in a comment section on yt lmao how u doing

    • @ZarR007
      @ZarR007 4 роки тому +1

      @@rhyssharp9673 good mate! how are you?

  • @ksenyat317
    @ksenyat317 Рік тому +1

    As always, your videos are a gem and so full of information.

  • @maximsheik1753
    @maximsheik1753 4 роки тому +75

    Small issue with the audio, flickering and computer noise

    • @AfzalHussein
      @AfzalHussein  4 роки тому +9

      Sorry! I noticed it too late :(

    • @maximsheik1753
      @maximsheik1753 4 роки тому +10

      @@AfzalHussein no issue mate, I just turned it down a bit and it was fine, it’s great to gain insight as to what actually happens vs what’s superficial, some of things blow my mind - especially the boxers one haha

    • @GoForMarcin
      @GoForMarcin 4 роки тому +1

      @@AfzalHussein I think the mic is picking up iMac's fan and hdd

    • @AfzalHussein
      @AfzalHussein  4 роки тому

      Thanks man. Noted 👊🏽

    • @babiefood
      @babiefood 4 роки тому

      @@AfzalHussein it's actually the cameras autofocus

  • @DamienTalksMoney
    @DamienTalksMoney 4 роки тому +8

    These videos are really interesting. As a thought for your channel you could maybe react to other investment banking related content. Wallstreet, Boiler room, Margin call. Gives you a bit more ammo to keep this concept rolling when this series ends haha.

  • @eeekkk34235
    @eeekkk34235 4 роки тому +3

    Nice, getting some love from cast members and production as well!

  • @KapetinHD
    @KapetinHD 4 роки тому +3

    Thank you for these, I hope that you can review future episodes as the show continues forward!

  • @basilkandiah4036
    @basilkandiah4036 4 роки тому +4

    Awesome work man really enjoying! Just in case there's any Rush Hour fans around the actor for Eric Tao also acted as one of the main villains in the first movie. Time flies

  • @kimjongone7620
    @kimjongone7620 4 роки тому +3

    Hyped for episode 3, love your reactions :)

  • @chocococo2289
    @chocococo2289 4 роки тому +2

    Thank you so much for making these reactions series, your insights & advice are very great. I learned so much through this!

  • @nnnn818
    @nnnn818 4 роки тому +6

    Great video! Could you do a video on lateral hiring in investment banking? Think it will be very useful for people who have taken offers at firms they wouldn't have done pre-covid, whether that be a MM/ regional investment bank, etc.

  • @wdai03
    @wdai03 4 роки тому +118

    I actually did think he was hitting on her at the start though

    • @niahma3494
      @niahma3494 4 роки тому +12

      Then you haven't worked enough in finance hahaha

  • @amalsoo6596
    @amalsoo6596 4 роки тому +7

    I remember going to the GS office in London and gym is quiet popular amongst workers and it was really nice to see people taking time for their body and having that balance.Great video as usual Afzal!

  • @zacarellihimself6243
    @zacarellihimself6243 4 роки тому +1

    recently started at gs CIMD div,, jus stopped by to say that these are good man keep em coming

  • @samuelallen8945
    @samuelallen8945 4 роки тому +1

    Another bullseye. Keep 'em coming, brother!

  • @RandageJr
    @RandageJr 4 роки тому +4

    I'm loving this reactions!

  • @Iamjeffsledge
    @Iamjeffsledge 4 роки тому

    One of the best parts of this show is watching with the CC on. The underneath conversations that run while they are talking in the office is f'ing HILARIOUS. They are saying the wildest s**t.

  • @RandageJr
    @RandageJr 4 роки тому +6

    Im really liking industry. The realism makes it very interesting to watch, specially if you already work in IBing.

  • @arrrhaitch4563
    @arrrhaitch4563 4 роки тому +2

    Really enjoyed this. Well done bro 😎

  • @randallmontes1736
    @randallmontes1736 4 роки тому +1

    absolutely love these videos, much thanks Afzal

  • @dieterdelaet9760
    @dieterdelaet9760 4 роки тому +2

    Great video. I really love this new reaction series! Much love from Antwerp (Belgium)

  • @rmcmariusable
    @rmcmariusable 4 роки тому +2

    These are so helpful. Thank you for the info.

  • @dsisimridijsbs1969
    @dsisimridijsbs1969 4 роки тому +1

    Useful and enjoyable video as always! Thank you Afzal, keep going like this

  • @dafnacohen9805
    @dafnacohen9805 4 роки тому

    Great! Keep doing these for all the episodes please!

  • @OJRB15
    @OJRB15 4 роки тому +6

    great video as always

  • @imeowmeow4868
    @imeowmeow4868 2 роки тому

    I am so glad that this show exists and that I discovered it.

  • @heckabro2309
    @heckabro2309 4 роки тому +1

    Your videos are amazing man, thanks for this

  • @thanhomerae
    @thanhomerae 4 роки тому +2

    The TV show is really changing my perspective of working in the investment bank...

    • @getonwithit.2847
      @getonwithit.2847 4 роки тому +3

      I still see the same. Overworked, analysts scared out of their minds, and people who act like they are above others.

  • @Elver99Gudon
    @Elver99Gudon 4 роки тому

    I love you Afzal. I've been a subscriber for a while now. And I'm happy to see your subscribers continue to grow!

  • @yamanjain9183
    @yamanjain9183 4 роки тому

    yeah! afzal this is too good! hope that more reviews are coming soon.

  • @nadeemafzal5409
    @nadeemafzal5409 4 роки тому

    Great video. Cannot wait for your take on episode 3

  • @jadsamie4324
    @jadsamie4324 4 роки тому +6

    can you do a video on the financial planning industry? specifically CFP designation. Can a CFP work at those big firms?
    congrats on 50K keep making content

  • @dwaniscool
    @dwaniscool 4 роки тому

    It's a really good show! I am glad you are reviewing this show. THANKS!!!

  • @Ondolady
    @Ondolady 4 роки тому +8

    How odd, I thought he was trying to hit on her. But then I have never worked for an investment bank. Lol Great reviews, almost as good as the show.

  • @fazedank4537
    @fazedank4537 4 роки тому +78

    How do you deal with the drinking culture, and do other people on the team (especially higher ups) look down on you for not taking part

    • @AfzalHussein
      @AfzalHussein  4 роки тому +66

      Great question. People are respectful of religion and non-drinking, etc. Nobody looks down. However, people do build stronger connections and relationships through mutual interests such as drinking, just as you might with someone that shares a relatable and similar interest to you that isn't drinking i.e. sport/hobbies.

    • @xDarkpenance
      @xDarkpenance 4 роки тому

      @@AfzalHussein Hey, I am currently 26 Living the southwest, Devon, UK and looking to make a career change into finance, particularly in the banking sector or working in fraud prevention.
      Problem is I have no background qualifications in this sector apart from a AAT Level 2 Accounting Qualification and have poor academic GCSE Results Also no work experience in this sector and I am 26 and where I live there are pretty much only hotel, retail and care work jobs going also with the lowest salary average in the UK.
      What would be the be the best entry point/way to get into banking in my situation any advice?
      Was thinking about Taking a Finance course on Open University (remote learning)
      Advice would be greatly appreciated

    • @omen07666
      @omen07666 4 роки тому +12

      I work at a BB in NYC and drinking is a big part of the culture. Happy hours and networking events will almost always have alcohol. No one cares if you drink or not, as long as you are able to hold a conversation and have fun with the group...you are good.

    • @ABC-ABC1234
      @ABC-ABC1234 4 роки тому

      @@xDarkpenance How expensive is that in the UK? There might be alternatives (for example studying in a different EU country that is way cheaper?)

    • @Heavy_Hitta_Sucka
      @Heavy_Hitta_Sucka 4 роки тому +1

      @@xDarkpenance I don't know how banks work in the UK as opposed to the USA but in the US you can start as a teller and work your way up into a pretty decent salaried position that does specialized type banking. If you want to go beyond that you can always take classes so you can do something like wealth management or analyst of some type.. Starting out as a teller while doing school though gives you a foot in the door to the industry for when you get out of school. I'm early 30s and just started a job at a very large bank in the US as a base level banker/teller but am also going to do some schooling to at least get an associates degree. It's never too late to start something! I worked at a family owned company since 16 but needed a change and banking/finance always interested me. Best of luck dude!

  • @shaheenahli9868
    @shaheenahli9868 4 роки тому

    Afzal, these are fantastic. Please keep doing one for each episode :)

  • @tripnation9659
    @tripnation9659 4 роки тому

    Love these vids mate! Keep it coming💯

  • @sumitdass2829
    @sumitdass2829 4 роки тому

    Yes man , amazing. We want 3 episode 🙏

  • @martinmusli3044
    @martinmusli3044 4 роки тому +1

    Acctually, a lot of your thoughts to the end also apply in general to larger cooperations or "ladder environments". I worked for a large telecommunications company. Similar working environment put on to you by the directors.

  • @aqib197
    @aqib197 4 роки тому +1

    Great video again🙌🏿

  • @cencations1251
    @cencations1251 4 роки тому

    love these, looking forward to an episode 3 reaction! :)

  • @zakiii3913
    @zakiii3913 4 роки тому +11

    How often are you realistically able to use the gym like could you go 5 times a week?

  • @PapaSeed
    @PapaSeed 4 роки тому

    keep doing these vids, i'm enjoying them

  • @CAAnmoldeepsingh
    @CAAnmoldeepsingh 4 роки тому +1

    Man i'm loving this series, i started seeing it after your first video and will probably watch it to see your videos later.

  • @Michelliellio
    @Michelliellio 4 роки тому +1

    Subscribing for these reviews! Hope to see more

  • @ABIRBEATS
    @ABIRBEATS 4 роки тому +1

    50K!! on the road to 100K that plaque will be up on the wall soon.. well done keep posting :)

  • @pranavmadhavan7189
    @pranavmadhavan7189 4 роки тому

    Hey, I see you're growing FAST! Congrats! It's very well deserved :)

  • @aabdelaal168
    @aabdelaal168 4 роки тому +1

    Killer review bro

  • @lanimohlaba5489
    @lanimohlaba5489 4 роки тому +1

    Can't wait for episode 3 🔥🔥🔥🔥🔥🔥

  • @freddiebrookessmith
    @freddiebrookessmith 4 роки тому +1

    Great videos keep them coming

  • @Tangyyyyyyy
    @Tangyyyyyyy 4 роки тому +16

    anyone else picking up static in the sound? great video but the sound quality makes it a bit difficult to watch

    • @AfzalHussein
      @AfzalHussein  4 роки тому +4

      Yeah, sorry about that. Only realised afterwards.

  • @286sitar
    @286sitar 4 роки тому +1

    need more of these kind of videos!

  • @m.bilalmajid
    @m.bilalmajid Рік тому +1

    You are awesome for doing this

  • @fernandolozanotorres9621
    @fernandolozanotorres9621 4 роки тому +1

    keep doing this men pls we need it

  • @CoolDBG
    @CoolDBG 3 роки тому +1

    Where did you buy your water blue water bottle?? Love it

  • @neelsingh3075
    @neelsingh3075 4 роки тому +1

    Fire vid my guy

  • @lillpoetboy
    @lillpoetboy 4 роки тому +1

    Ok I PROMISE to watch episode 3 before I go to your review!!!!

  • @davidprovest
    @davidprovest 4 роки тому +1

    More of these please!!

  • @DamienTalksMoney
    @DamienTalksMoney 4 роки тому

    All the dinners, drinks, Expensed lunches and shiny offices make me think these banks charge too much money!

  • @bismarcko4847
    @bismarcko4847 4 роки тому

    This is perfect mate.

  • @stephtwiglets
    @stephtwiglets 4 роки тому +4

    I always thought that the only reason Harper spoke up for Yasmin is because Eric was around, and she knew he wanted someone who could speak when the time is right based on how the meeting with Felim went!

    • @niahma3494
      @niahma3494 4 роки тому +1

      Thinking the same thing, she is good

  • @Gustavo-vi7dd
    @Gustavo-vi7dd 3 роки тому

    It's also important to highlight that there is a lot of cultural diferences between different banks and the country where you work.

  • @_Sam_-zh7sw
    @_Sam_-zh7sw 4 роки тому +9

    i knew you would cringe on few scenes and i was waiting to see your react on those scenes🤣🤣

  • @garethgazz9332
    @garethgazz9332 4 роки тому +4

    Hey Afzal. This channel is great, i've been binging the last few days - thanks.
    I was wondering, is it possible to get into the industry as an older guy with no relevant experience (aside from making my own investments)? It all seems to be grad schemes and headhunting. Cheers!

    • @al4079
      @al4079 3 роки тому

      Not in a million years.

    • @garethgazz9332
      @garethgazz9332 3 роки тому +1

      @@al4079 Actually, since I posted this I've been taken on by JP Morgan as a junior analyst so....
      *Some or all of this statement may be untrue.

    • @al4079
      @al4079 3 роки тому

      @@garethgazz9332 Investment banking is parasitic. They benefit from these deals almost always more than the clients do themselves.
      It isn't even that interesting, rather, the work they do is quite frankly is dull and mundane. Truthfully, you do not have to rub so much of a brain cell less the Quant, and the risk department.
      Interesting, because they like to act like their shit hard and prestigious. Reality is, is that a run of the mill dentist, or doctor practicing in bumfuck middle of no where, does infinitely more interesting work, and is infinitely more prestigious/respectable.
      These IBers should try an O-Chem or BioC class just to put in perspective that the work they do is not that intellectual. Just a bunch of mundane and tarted up corporate business BS.
      But can you blame them? These archaic and out of touch banks have sold these naive and "plucked and ready for the pot" IVY leaguers in thinking that investment banking is prestigious and financially rewarding.
      /Rant over

  • @lopolo5361
    @lopolo5361 4 роки тому +1

    Yesssssss I could watch 50 videos like this

  • @atharvchandratre2470
    @atharvchandratre2470 4 роки тому

    Congratulations on the 50k! Can you make a video on the Tech division at Investment Banks like Goldman?

  • @xv179
    @xv179 4 роки тому

    Technology can be both front office and back office. Nowadays Quant Developers work in the "front office" where they are directly related to the revenue generation of the business...

  • @acdc2961
    @acdc2961 4 роки тому

    Great video!

  • @redahah
    @redahah 4 роки тому

    You rection is actually better then the series even it was long but i enjoyed watching the whole video

  • @rbrojas2040
    @rbrojas2040 3 роки тому

    I'm doing Computer Science and will be joining an investment bank upon graduation after being invited back post internship working in technology. Everyone was really nice and welcoming so not all places are the same! Just as Afzal is saying. :)

  • @billyreeves2515
    @billyreeves2515 4 роки тому

    Top overview Afzal.. background noise slight killer at times

  • @conorgallagher281
    @conorgallagher281 4 роки тому +2

    Great insight, cheers Afzal.

  • @tokearasonterkelsen
    @tokearasonterkelsen 3 роки тому

    Awesome post, keep it up

  • @BerryURL
    @BerryURL 4 роки тому

    Amazing content

  • @greenminer255
    @greenminer255 4 роки тому +1

    this is interesting thanks for these ! i'm always interested exactly what do these investment bankers do all day ?

  • @timfugger8859
    @timfugger8859 4 роки тому

    I love it that you react to Industry... in Germany you can not watch this already!! Thank you

  • @JJRichardson_
    @JJRichardson_ 2 роки тому +1

    Please tell me you’re doing s2

  • @faaizerk9068
    @faaizerk9068 4 роки тому +1

    reaction video 3? BRING IT!

  • @sriram181
    @sriram181 2 роки тому

    Are conversations in reality in these banks this fast paced ? Or is it just so the filmmakers could save time on the dialogues?

  • @frosherman
    @frosherman 4 роки тому

    9:52 what is vimeo?

  • @ibrahimkoulibali266
    @ibrahimkoulibali266 4 роки тому

    it's hard to watch the series and not come to your chanel and decipher what we've seen.
    keep going !!

  • @RagJag
    @RagJag 4 роки тому

    Pls full season 🔥🙌

  • @dimension372
    @dimension372 2 роки тому

    Afzal, you seem far too nice to have worked in investment banking😊

  • @adz123888
    @adz123888 2 роки тому

    It's cool you never gave in to peer pressure and start drinking.

  • @adrianalvarado7101
    @adrianalvarado7101 4 роки тому

    Don't stop 🤙🏻

  • @E99-w5n
    @E99-w5n 4 роки тому

    what about getting into asset management or credit risk management. what are the exit opps for those?

  • @BritikoBeats
    @BritikoBeats 4 роки тому +1

    Thanks for another great react video- this could be on BBC :-)