The UNFILTERED TRUTHS of Investment Banking!

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  • Опубліковано 6 січ 2025

КОМЕНТАРІ • 88

  • @rareliquid
    @rareliquid  Рік тому +19

    Haven't worn a suit for work in 5+ years but was kind of nice to get dressed up hah
    As I mentioned in the video, if you want to learn how to build financial models, check out Wall Street Prep! They have courses that have been taken by 100K+ students.
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  • @matthuang21
    @matthuang21 Рік тому +51

    As a former Investment Banking Analyst, this video resonated 100% with me. The good, the bad, and the ugly!

    • @ilovelifan
      @ilovelifan Рік тому +1

      what is your job now?

    • @terrible2d
      @terrible2d Рік тому +2

      @@ilovelifan He works as a Consultant at BCG now.

  • @aerwsrf
    @aerwsrf 10 місяців тому +8

    What you said at the end, "less talented analyst getting a bigger bonus than a more talented one" is the common theme I found in the finance industry and it's the exact reason why I left and pursued a lucrative career in healthcare.

    • @Dertheus
      @Dertheus 4 місяці тому +1

      What do you do in healthcare?

  • @adibyaserahmed9684
    @adibyaserahmed9684 Рік тому +5

    sounds detrimental to one's health. thanks for the heads up. Appreciate it

  • @mattiacampagna2893
    @mattiacampagna2893 Рік тому +3

    clearly the best videos on youtube for truthful insights on the industry (valid also for consulting in some cases)

  • @adrianoalbarosa9750
    @adrianoalbarosa9750 Рік тому +11

    Hi Ben! I’m an Analyst in Corporate Banking within JPM looking for a move into IB, this video is bomb and very helpful. Will check out the WallStreet course with your code and also join your course on how to get into IB 👍 Want to make sure I start out strong 💯

  • @mikehawk8338
    @mikehawk8338 Рік тому +27

    Hey Ben!
    Just wanted to say I'm loving your investment banking content! Your videos are awesome! The way you explain complex concepts is impressive and really engaging.
    Just wanted to show my appreciation for all the hard work you put into creating such valuable content. Your videos have been super helpful in deepening my understanding of investment banking. Can't wait for your next release!
    Keep up the fantastic work, Ben! Looking forward to more amazing content from you!

    • @rareliquid
      @rareliquid  Рік тому +2

      damn what a compliment haha thanks man

  • @ShotgunEric
    @ShotgunEric Рік тому +1

    Excellent content Ben, I always take something away from your videos 🔥

  • @barryaherne215
    @barryaherne215 Рік тому +11

    Lots of good, original content here. Very informative. You even have me, someone who's very anti-80 hours a week, considering the good how financially lucrative being in the 1% could be, even if only for a year haha

  • @UNKNOWN-1589
    @UNKNOWN-1589 Рік тому +6

    I mean this guys is just a guru , what a man.

  • @ryersondalton
    @ryersondalton Рік тому

    Great video! Helped a ton.

  • @aryanmittal0811
    @aryanmittal0811 Рік тому +1

    Good stuff man!

  • @vladbulauchyk4287
    @vladbulauchyk4287 Рік тому +1

    Great information, thank you

  • @chibratoons9290
    @chibratoons9290 Рік тому +3

    Hi Ben, could u do a video on where the most investment banking jobs are, like top 5-10 cities and which ones pay the most

  • @Deank125
    @Deank125 Рік тому +2

    Looking good in the suit my guy!

  • @keith5268
    @keith5268 Рік тому +1

    value adding as usual

  • @mickf.jagger1475
    @mickf.jagger1475 Рік тому +63

    I would advice you to have only one font on the thumbnail and have dark blue as the font color because it pops out even more and keeps it professional. Also the titel seems too long and wordy. But as always keep it simple and you do you. Keep your head up

    • @rareliquid
      @rareliquid  Рік тому +9

      ok thx! i'll consider these changes

    • @deez994
      @deez994 Рік тому

      * title (spelling mistake) pls fix thx

    • @deez994
      @deez994 Рік тому

      Also ur a clown @rareliquid this guy doesn’t know anything. Don’t consider a single thing he says.

    • @housefull2432
      @housefull2432 Рік тому

      ​@@rareliquidmy networth is 20$ from I African so if I give you 20$ how much u well turn it to in investment banking

    • @Lvdcev
      @Lvdcev Рік тому

      @@housefull2432its not worth his time to work with 20$. A good investment banker will turn those 20$ into 22$ in a year

  • @aishwaryapotdar1348
    @aishwaryapotdar1348 Рік тому +1

    You're such a role model.

  • @Xolition
    @Xolition 11 місяців тому

    I hate, hate building forecasts in marketing. Would not have been a good investment banker. Spot on with the fees comment.

  • @nev6250
    @nev6250 Рік тому +1

    Wow ben never knew you could look so sharp
    You're rocking that suit

  • @f1freak228
    @f1freak228 Рік тому

    Please do a video on education , under and post graduate required for getting into investment banking

  • @gutenmorgen2142
    @gutenmorgen2142 2 місяці тому

    Hi, is it late to go into investment banking as a 22 year old starting in finance meaning i will do my 1st intership at 25-29 yo?

  • @Mav0585
    @Mav0585 Рік тому +1

    Think working on the technology team at JP Morgan Chase would be a good route? I might have that opportunity coming up.

  • @just_christian
    @just_christian Рік тому +3

    Why is it that the ones who make these videos are the same one’s who quit after a year or two. It’s so disappointing to see people leave such great jobs when I can barely get my foot in the door.

    • @PapaJenkinz
      @PapaJenkinz Рік тому +15

      because it isnt a great job. and ones in IB rn dont have the time for making videos

  • @spoonyspring4590
    @spoonyspring4590 7 місяців тому

    Thats why I preferred 100% PF than M&A

  • @ravinduakalanka6834
    @ravinduakalanka6834 7 місяців тому

    What is the most demand bachelor's degree to become an investment banker?(Finance degree or Maths degree)

  • @accountsequity5587
    @accountsequity5587 Рік тому +9

    Hi Ben! Could you talk about MBA recruiting? I know back in your JPM days you helped with undergrad recruiting and that this year unfortunately a significant amount of MBA interns couldn’t land summer associate due to the slowdown in M&A activity, but I am very curious about MBA recruiting and was wondering if you could gather a few classmates that are going into IB and talk about it.

  • @kevinsuh5313
    @kevinsuh5313 Рік тому +2

    You look great in a suit!

  • @Almighty0312
    @Almighty0312 Рік тому +2

    Hii I am 17 year old wanted to know target school in UK or USA for undergraduate degree in finance
    Please help
    And I want the counselling session one to one with you please tell me how I can do that

  • @1234kydgotf
    @1234kydgotf Рік тому

    I’m 16 years old going to year 11 of Highschool next year what steps should I be taking now to get Into IB

  • @schraderclemens6122
    @schraderclemens6122 Рік тому +2

    Love that necktie! Where did you buy it? @rareliquid

    • @rareliquid
      @rareliquid  Рік тому +1

      in korea! i actually had to buy it last minute for a business school interview and so i just bought it off a street cart. it's not even a real tie it's like a pre tied zipper tie LOL

  • @aryanmittal0811
    @aryanmittal0811 Рік тому

    Can you please make a video on how to become a hedge fund manager (by interviewing one if possible)

  • @ossietilling4426
    @ossietilling4426 Рік тому +1

    Do you think it’s better to work as a software developer or investment banker, gotta choose my major soon and don’t know where to go

    • @Mariah-525
      @Mariah-525 Рік тому

      As an investment banker you can reach a magnificent salary in a few years, but you'll have to work so many hours a day. There is practically not much of a ceiling for the income. I ve heard of bankers making one million a month. But the sacrifice is huge and the stress and pressure are as well. It's also very competitive, not just when it comes to getting into it, but also when it comes to keeping the job. At many investment banks, many employees are fired monthly, so you have to be very competent to stay there, to walk the extra mile, to have something unique to make you stand out. You have to be the best at least at one thing. As a software developer, you ll still be making very good money, most probably six figures, but it can be harder to climb the ladder. Since it s a more scientific field, the gurus of software are very intelligent, very skilled and it s hard to beat them. At a very high level, coding is very hard. If you re alright with not advancing in your career very often, and if your goal isn t to become an executive or a high level manager, then you won t have a problem with this. The hours for software devs are waaay better than for bankers, so developers win at the work life balance chapter. If you d like to have a family and spend time with them, or if you d like to have more leisure time, software would offer you that. If your goal is to make the most money you can make, you have a high resistance to stress and you re willing to dedicate most of your life to work, then you can go for investment banking.

  • @bewater28
    @bewater28 Рік тому +1

    Sir, huge fan from China. Wondering how much demand there is/will be for AI and ML in ib. it's a highly competitive industry and I think one needs to stand out to keep earning loads after their 30s, b4 being fired cuz the economy is looking down, or being replaced by the fresh blood right? Is AI a good way to stand out and keep the edge?

  • @MottAnthony
    @MottAnthony Рік тому +1

    I’m 23 and want to get into investment banking, is it too late for me ? (Still haven’t started college)

    • @MrMDanny
      @MrMDanny Рік тому +1

      Might be too late since they mostly target very young people.

    • @fcxxxxxxxxxxxxddee
      @fcxxxxxxxxxxxxddee 8 місяців тому

      Mba is gateway along with work experience ​@@MrMDanny

  • @himmeesshh
    @himmeesshh Рік тому

    What can be the skills required for an undergrad to get an internship or job just after their undergrads???

  • @sitrakaforler8696
    @sitrakaforler8696 Рік тому

    Dam that's kind of cool to know ! But is it possible to shift from IT to Investment Banking ? x)

  • @aishwaryapotdar1348
    @aishwaryapotdar1348 Рік тому

    How do you "fit" in?

  • @TheKrissa987
    @TheKrissa987 Рік тому

    Can you make a DCF on Intel?

  • @iamdp
    @iamdp Рік тому +4

    Let me tell you all one thing - Once you get to within the 1% salary (let's say a CEO) you're still an employee.

  • @DovahKiinActual
    @DovahKiinActual Рік тому +1

    Sounds like the boys club at the end of the day

  • @josephzenteno8293
    @josephzenteno8293 Рік тому

    Suit Brooks Brothers? Hickey Freeman? Shirt Brooks Brothers?

  • @BeamJadeniphit
    @BeamJadeniphit Рік тому +1

    ❤❤❤😊

  • @Jannie-yr4nc
    @Jannie-yr4nc 8 місяців тому

    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

    • @BernardaJerkin
      @BernardaJerkin 8 місяців тому

      Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

    • @DellBriagas
      @DellBriagas 8 місяців тому

      I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

    • @DellBriagas
      @DellBriagas 8 місяців тому

      I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you

  • @aryan_01
    @aryan_01 Рік тому

    So you're a Twice fan?!

  • @ajlinasaljunovic5081
    @ajlinasaljunovic5081 Рік тому +1

    an icon

  • @staderbull
    @staderbull Рік тому +1

    i am a 31 year old looking to get in as a fresher😂

  • @talhamehar3391
    @talhamehar3391 10 місяців тому

    Your age?

  • @maxt1617
    @maxt1617 Рік тому

    For some workers, the video could be summarised as "earn fantastic money and leave almost all moral integrity at the door." I invest personal money in equities, and the notion of having to fudge valuations in order to please clients is just hilarious and amateurish.
    "Yeah, it's a two stage, unlevered free cash flow to equity model... that meets the client's number." 😆

    • @maxt1617
      @maxt1617 Рік тому

      "Whose bread I eat, their song I sing." 😂

  • @pentagon5083
    @pentagon5083 Рік тому

    haha not gonna lie, it's kinda commendable how much you drag on talking about Investment Banking after leaving the industry

  • @tuduermestrop8474
    @tuduermestrop8474 Рік тому +2

    All investment banker will become youtuber to say how investment banking is ? it's like "oh yeah, i got my diploma, i go to youtube to say "hey look how i'm rich but not easy""

  • @bigdog6704
    @bigdog6704 Рік тому

    I used to want to work for a bank, now I just daytrade in my underwear. Good luck everybody!

  • @BillGates_Alex
    @BillGates_Alex Рік тому +2

    Bro thinks he Patrick Bateman.

  • @_CryptoBits
    @_CryptoBits Рік тому

    Go back to working in investment banking . No way the Tube is paying more .

    • @barryaherne215
      @barryaherne215 Рік тому +9

      He prefers pursuing entrepreneurship, and if all's going well, it will outperform his banking career financially. Ultimately, Ben seems happier following his dreams, which nobody can fault.
      (And also take a look at his transparency with regard to income. He's doing really, really well.)

  • @CharlotteWhite-o3h
    @CharlotteWhite-o3h 11 місяців тому

    clearly the best videos on youtube for truthful insights on the industry (valid also for consulting in some cases)