The Hierarchy Within An Investment Bank (EXPLAINED!)

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  • @AfzalHussein
    @AfzalHussein  5 років тому +8

    Please feel free to like, comment and share this video so more students can benefit from its content! :) Oh, and SUBSCRIBE too for weekly videos!

  • @xXMagic10Xx
    @xXMagic10Xx 5 років тому +112

    Responsibilities video please. Fantastic video as ever mate really informative! Really appreciate what you are doing!

    • @AfzalHussein
      @AfzalHussein  5 років тому +3

      Many thanks, Magic! Much appreciated. Glad you find value in the content :)

    • @voiceofpassionateprofessionals
      @voiceofpassionateprofessionals 5 років тому

      I have an interview with an investment banker posted today -- you might find it interesting!

  • @BrunoLuke
    @BrunoLuke 10 місяців тому +176

    Well that would be impossible to do considering I'm in my late 50s and I'm more interested in investments that could set me up for retirement in my 60s, my goal is at least $2million.

    • @MarcelPhilips
      @MarcelPhilips 10 місяців тому

      As you plan your retirement, be sure to
      talk with a financial advisor who can help you make the most of your retirement investing scheme.

    • @BrunoLuke
      @BrunoLuke 10 місяців тому

      @@MarcelPhilips Very true, If you're looking for help
      building a retirement nest egg, you most likely want a certified financial planner with expertise in retirement planning. With the aid of a coach, I grew my reserve from $160k to almost $600k during this Red season.

    • @MarcelPhilips
      @MarcelPhilips 10 місяців тому

      @@BrunoLuke How can one find a verifiable financial Planner, I buy the idea of employing the services of a Financial Advisor because finding that balance between saving and living requires counsel.

    • @BrunoLuke
      @BrunoLuke 10 місяців тому

      @@MarcelPhilips KRISTIN GAIL CUNNINGHAM. On the internet, that’s the financial advisor I use. She’s verified; you could also read more about her and then communicate with her. it’s always good to do your research before putting your money into any investment.

    • @MarcelPhilips
      @MarcelPhilips 10 місяців тому

      @@BrunoLuke Thank you so much! Found her webpage and left a message. Hopefully, she responds.

  • @WhatColourIsYourBugatti_
    @WhatColourIsYourBugatti_ 5 років тому +45

    Would be great to see a video on entry points for people with different qualifications. So post
    Sixth form
    Undergraduate
    Masters
    PhD

  • @randomgamer9553
    @randomgamer9553 5 років тому +23

    Looking forward to Responsibility video!
    Thanks for making these informative video! 😃

  • @ultraultraghost
    @ultraultraghost 5 років тому +1

    Thanks for answering my suggestion. Great Vid 👍🏾

  • @cwengacenge2088
    @cwengacenge2088 4 роки тому

    Really enjoying the content mate, keep it up!

  • @martinvidakovic3037
    @martinvidakovic3037 5 років тому

    Responsabilities video. Thanks for continuously high quality content!

  • @sabeenirfan657
    @sabeenirfan657 5 років тому +3

    Could you make a video about being an Equity Research Analyst? How to get there and the overall job prospects and responsibilities it entails. That would be awesome, thank you!

  • @c.h.simpson
    @c.h.simpson 5 років тому +1

    Responsibilities video. Thank you for all the good info! Keep up the good work!

  • @IHashim98
    @IHashim98 5 років тому +4

    Hey Afzal, great video as always! Applications for Spring Week's are coming up (Goldman's opens July 1st) and I was wondering if you could please make a spring week applications video?! Talking about the technical knowledge needed, the application process, how to prepare, your own experience..etc. It would be so useful! Keep up the good work.

    • @AfzalHussein
      @AfzalHussein  5 років тому

      Will do! And thanks for watching :)

  • @joshdixon1096
    @joshdixon1096 5 років тому +1

    Congrats on 15K! My question for the Q&A - Is it possible to transfer from Audit at Top 4 Accounting Firm to an Investment Banking Role? If so, how would you recommend going about this?

  • @nn6380
    @nn6380 3 роки тому +1

    I work at an asset manager, and I think the promotion period is shorter now, or at least the one I work at is, its 2 years from Analyst to Associate, and 3 years from Associate to VP (if you've done really well)

  • @letoan9710
    @letoan9710 5 років тому

    Thank you video! the content is really useful for me. I am really looking forward to the responsibility video!

  • @tomaszdziawgo6498
    @tomaszdziawgo6498 4 роки тому +2

    Excellent insights Afzal! Keep up the good work :)

  • @floriansommerbauer6354
    @floriansommerbauer6354 5 років тому +1

    Your doing an amazing job! Would love to see a video on the responsibilities of each position :)

  • @Wilson-sz3mc
    @Wilson-sz3mc 4 роки тому +3

    Underated channel, I dont usually leave comments on youtube vids but im gonna do one here for the youtube audience engagement metric

    • @AfzalHussein
      @AfzalHussein  4 роки тому

      You're too kind. Thank you. Your time means a lot.

  • @sagargajbiye8935
    @sagargajbiye8935 5 років тому +1

    Quite an insightful video, Afzal! Would love to get an idea about the job responsibilities!

  • @michelebellan_old449
    @michelebellan_old449 5 років тому +1

    Responsibilities video please ! Thank you v wry much for all your videos! They’re amazing

  • @lallbahadoor9579
    @lallbahadoor9579 5 років тому

    Responsibilities video plz!!
    Your videos are great man!!

  • @isaiahhall7951
    @isaiahhall7951 5 років тому +3

    Can you do a video about work/life balance? Like how often you get days off/do you get weekends off/are there times where you can work from someone other than the office? Like if you’re going on vacation.

  • @joshuapalabay-friendlyfina4644
    @joshuapalabay-friendlyfina4644 4 роки тому +1

    Outstanding video, keep it up! A responsibilities video would be a fantastic video!

  • @nicklarocca781
    @nicklarocca781 5 років тому +11

    Could you talk more about the difference between partner and MD? Thanks

  • @dewgupta
    @dewgupta 5 років тому +2

    Please make a video of total compensation for all the hierarchies in New York City.
    Please I request.

  • @selovayzh3853
    @selovayzh3853 5 років тому +1

    Liking the new content Afzal! The responsibilities video would be really helpful :-)

  • @Aman.Akshay.Sharma
    @Aman.Akshay.Sharma 5 років тому

    Great video Afzal. It would be great if you could share what you know about getting into finance (IBD, markets, AM, risk) without a summer internship? I'm graduating from UCL Economics and I'm considering the MSc Financial Economics programme at Oxford, but I want a clearer idea of whether I stand a chance of landing a job in finance with no prior direct experience.

  • @Nick-dq8gx
    @Nick-dq8gx 5 років тому +1

    Would love a video on the private wealth management devision :) Great Work

    • @Dahmer_Jeff
      @Dahmer_Jeff 5 років тому

      Looking to start a business in the "family office" sector. That's about as private wealth management as you can get. Managing the portfolios of the elite

  • @surreal4753
    @surreal4753 5 років тому

    Should I do BCOM International finance along with CPA and CFA level 1 in my undergraduate to get into investment banking.??

  • @Famygo
    @Famygo 5 років тому

    Hi Afzal, thank you for the video :) i still have a question where i seem not to find any relevant information about. Do you know if a internship in Export/Trade Finance could be helpfull for a later internship in Investment Banking, more especifically M&A? I would aprecciate it a lot thank you :)

  • @cheekychupakabra
    @cheekychupakabra 2 роки тому

    can you make a video on the job descriptions of an investment banker and the roles that they apply for as freshmen and what job descriptions they apply as they get some experience

  • @tube.brasil
    @tube.brasil 11 місяців тому

    In Brazil internships are like part time jobs, usually 6 hours a day for the whole semester. Usually people work one or two years before graduating, at the same time they are having classes, not only during vacation like in the US. It pays very badly, GS for example ony pays US$ 550 a month.

  • @nevinbecker4469
    @nevinbecker4469 5 років тому +1

    Hi Afzal. I watch all your videos and I find them extremely insightful, so thank you. I am starting an internship on the buy-side as an investment analyst in 3 months. Could you make a video on how best to prepare for an incoming internship?

    • @AfzalHussein
      @AfzalHussein  5 років тому +1

      Hey! Thanks! Congrats! It's already in the pipeline 😉👊🏼

  • @Tanishk4156
    @Tanishk4156 Рік тому +1

    Great informative video!
    Could say a few words on when is it beneficial to go for a MBA and it’s perks in an IB career?
    Really loving your channel since I found it a couple days ago 🎉

  • @AdityaVerma-br3im
    @AdityaVerma-br3im 5 років тому +1

    Hi Afzal,
    Could you please make videos about ethics in the banking industry, how to consume financial information in a world overflowing with information, and how to understand where exactly our interest lies within an investment bank?
    Thanks for the great content!

  • @DonJuanplagueisZero
    @DonJuanplagueisZero 5 років тому +7

    Responsibilities video!

  • @parisfrance4963
    @parisfrance4963 4 роки тому

    I would like to hear about the level above partners which is the board as you mentioned. How many people usually get there and how much do they earn? For example Lloyd Blancfein was the chairman of GS for many years. What did he do so well that kept him in that position for years.?
    Hope you will do a video on that :)

  • @ashleyandrews7555
    @ashleyandrews7555 3 роки тому

    You don't have to do a video but could you explain the difference between VPs/Assistant Director/Director? I know they are all mid-level management roles below Managing Director in banking and corporate management but nowhere online explains the definitive difference! is it just that the Vice President/Executive VP terms are used in the US and Europe and the same jobs are titled Assistant Director/Director are British terms? Love the content too, Afzal. You have educated me a lot and helped me decide on my career path!

  • @AkilBoii
    @AkilBoii 5 років тому +1

    Did you personally have a goal in mind when entering the world of IB/AM in terms of wanting to be a certain level e.g. VP or MD? Or did you always have an exit plan in mind?

    • @AfzalHussein
      @AfzalHussein  5 років тому

      Great question! I went in with the plan to do between 2 to 5 years and then assess my situation i.e. do I want to stay in the same team, role, division, industry, etc. Anything before 2 years is too soon and after 5 years it becomes trickier. As time went on I realised my interests lay outside the industry and as a result I was putting in less effort into my day job. I would advise new graduates to spend at least 2 years in their role and then assessing whether they're happy to carry on or in need of a change. It's important to always have an open mind in that sense and be aware of potential opportunities rather than just locking yourself into one small box for your whole career. Hope that helps :)

  • @monnafrans
    @monnafrans 4 роки тому

    hi afzal, I would like to know whats the career growth of institutional sales in an asset management company? I have seen some asset management look for business associate and institutional sales, are they quite similar?

  • @Andrew-rl5py
    @Andrew-rl5py 5 років тому +1

    Responsibilities video, will you do the working hours per week for different levels in an investment bank

  • @ahmedabdelmoneim7461
    @ahmedabdelmoneim7461 5 років тому

    Very useful , thanks

  • @tomasortega6133
    @tomasortega6133 5 років тому

    Hey, Afzal. What advice would you give to a high school student wanting to make it to Goldman in the coming years.

  • @myname9269
    @myname9269 3 роки тому +1

    Can you make salaries/bonus system, vocations, social guarantees, so on, of each of the positions and explained based on what exactly, how much usual increases in which companies based on specific criteria’s.

  • @hugrad95
    @hugrad95 3 роки тому

    Great content

  • @joseph1824
    @joseph1824 5 років тому

    Anyone know the difference between private equity and a search fund? I’m looking at a internship position of a private equity analyst at a search fund

  • @user-ri9sb7tq6u
    @user-ri9sb7tq6u 5 років тому +1

    Amazing video, thanks a lot!

    • @AfzalHussein
      @AfzalHussein  5 років тому

      Always a pleasure :)

    • @user-ri9sb7tq6u
      @user-ri9sb7tq6u 5 років тому

      @@AfzalHussein can I get into investment banking, asset manager through audit? Cause audit is the only international career available in my country.

  • @kido-akira
    @kido-akira 5 років тому

    Mr Hussein, another video in UA-cam told me that some banks like GS may appoint master degree holders to the position of associate. I wonder if it’s true for Goldman or other banks. Could you please tell me something you know about this issue?

  • @lawrencewilliams8924
    @lawrencewilliams8924 5 років тому

    Is it quicker to move from analyst to associate if you do professional qualifications in your field e.g. risk -FRM

  • @0401412740
    @0401412740 5 років тому +3

    Bro you're so smart.

  • @extremeforlife8563
    @extremeforlife8563 5 років тому

    Could you explain the main differences between companies like evercore/blackstone to JPMorgan etc.

  • @itydude
    @itydude 5 років тому +2

    Hey afzal could you possibly do a video of the chances of moving from wealth management to asset management and IBD?

  • @780tman
    @780tman 5 років тому +8

    Responsibilities video please, also include the responsibilities of the partners. Thanks!

  • @ShaikhMohammedYunus
    @ShaikhMohammedYunus 5 років тому +6

    Hi Afzal,
    I want to know if MBA graduates from target schools are hired on associate position even without relevant experience?

    • @user-by1sm4mt1i
      @user-by1sm4mt1i 4 роки тому

      YES. Just go to some networking events you ll find it. I know someone who used to work in consulting and change to ib after mba

    • @user-by1sm4mt1i
      @user-by1sm4mt1i 4 роки тому

      as an associate

  • @goodnessesom618
    @goodnessesom618 Рік тому

    So which companies use Senior vice president tag? Or is the SVP same as partner

  • @hamishorr8868
    @hamishorr8868 5 років тому +37

    What are the earning for all of these - could you say in a responsibility’s video

  • @unknownuddin
    @unknownuddin 5 років тому

    Hey Afzal. Your videos are really helpful and very informative. I'm from India doing my BBA Hons final year, I'm really interested in field of finance and I need guidance on how to go about in the world of finance in India :/

  • @emree5962
    @emree5962 5 років тому

    do people who stay as vp go to private equity, or is that usually at analyst/associate stage?

  • @medetk.6369
    @medetk.6369 5 років тому +2

    Responsibilities please!!! You provide high content; you deserve at least +1m followers brother

    • @AfzalHussein
      @AfzalHussein  5 років тому

      Ah thank you. That means a lot :)

  • @kamalk5962
    @kamalk5962 3 роки тому

    responsibilities video yesss

  • @kezmonkey2435
    @kezmonkey2435 4 роки тому +1

    Im a new viewer i’m wondering if he has released the Responsibilities video yet

  • @abdulsamadkhan9081
    @abdulsamadkhan9081 3 роки тому

    Which University is best for banking and finance in UK
    Please help me out in this

  • @gunjansanghvi_
    @gunjansanghvi_ 3 роки тому +1

    Thank you :)

  • @beyondrationalboundaries3322
    @beyondrationalboundaries3322 5 років тому

    Plz do video on the roles of the partners also well for Goldman sachs
    Thank you

  • @leila341
    @leila341 5 років тому +1

    Hello Afzal for the Q&A I would like to know why you left your position at GS and did you enjoyed your time there; how is the atmosphere in this type of place ? Thank you for your videos

    • @AfzalHussein
      @AfzalHussein  5 років тому

      Thanks! Here's part of the answer: www.linkedin.com/feed/update/urn:li:activity:6391541076662059008

  • @blakeparker6588
    @blakeparker6588 4 роки тому +1

    appreciate your video

  • @gunjansanghvi_
    @gunjansanghvi_ 3 роки тому

    How should I know if I'm really passionate about Finance?

  • @0401412740
    @0401412740 5 років тому

    What's the difference between Corporate finance in an accounting firm and investment banking????

  • @HappyEmileHeskey
    @HappyEmileHeskey 5 років тому +1

    Excellent vid

  • @vandanamishra9658
    @vandanamishra9658 5 років тому

    I have a very simple question. Do back office job and opertion job the same.

  • @chintasmedia8009
    @chintasmedia8009 5 років тому

    Recently completed my MBA with finance how can I prepare IB process please suggest me

  • @ronanasrat5012
    @ronanasrat5012 2 роки тому

    What are the differences between an associate and AVP (Assistant VP)?

  • @MrKripz
    @MrKripz 5 років тому

    Hi afzal, I enjoyed the video. I’m about to go into second year of a four year degree at a Scottish uni. Looking to apply for a spring week, however the term dates at my uni don’t line up with the banks spring weeks. What do you suggest I do?

    • @MrKripz
      @MrKripz 5 років тому

      Also I live in London to clarify

  • @keithtalkswatch682
    @keithtalkswatch682 5 років тому +1

    Responsibilities video please 👍🏻👍🏻

  • @christiancruise964
    @christiancruise964 5 років тому +1

    This video was sooo good that i thought it was only 2 minutes

  • @simonesanesi4866
    @simonesanesi4866 5 років тому

    Hi afzal, hi to everyone. Do one has good chance to be hired as analyst in investment banking or other financial institutions with a MSc in management? I could choose some Financials exams among a list of optionals but the majority are about management

  • @harryforster5875
    @harryforster5875 5 років тому

    video - Different Salaries at the various levels within an investment bank!

  • @limsinyeesally4693
    @limsinyeesally4693 5 років тому

    Why according to research there are average low cgpa for banker and entrepreneur?

  • @devendrasikarwar2569
    @devendrasikarwar2569 5 років тому

    Responsibilities video, please make it!

  • @MrKripz
    @MrKripz 5 років тому

    What was your living situation while at Goldman; did you commute from your family home, or move into the city?

  • @AG-so4gl
    @AG-so4gl 5 років тому

    wrong. there are many young Directors out there in FO. D or Exec D then MD. then C suite. Infra include AVP before VP. VP FO are essentially AVP due to not wanting A Vice President in the title and it not coming across with clients too well . hence the skip from Associate to VP

    • @AG-so4gl
      @AG-so4gl 5 років тому

      can make D FO by 30. where FO I mean traders

  • @mackeanmaramba6447
    @mackeanmaramba6447 5 років тому

    Please do make the responsibilities video.

  • @SN-cl7fq
    @SN-cl7fq 2 роки тому

    Where is a director in the hierarchy? Above or below the managing director?

  • @mahmaad02
    @mahmaad02 4 роки тому

    Pls make a video on degree aprenticeships with banks vs Normal degrees

  • @TheGogogwo
    @TheGogogwo 5 років тому +1

    responsibilities video!

  • @shaswatsamaddar2566
    @shaswatsamaddar2566 5 років тому

    Can an Indian student get into spring/insight weeks?

  • @kamalk5962
    @kamalk5962 3 роки тому

    What's the difference b/w Managing Director and Executive Director? Say in the case of GS.

  • @Dahmer_Jeff
    @Dahmer_Jeff 5 років тому

    Why is Goldman Sachs the benchmark firm that all financial business matters are measured against. Why not the Rothchilds? They are in banking as well

  • @davontawilliams3958
    @davontawilliams3958 2 роки тому

    It is possible to get depromoted ?

  • @filipporosaschino2363
    @filipporosaschino2363 5 років тому +1

    Responsibilities video!!!!

  • @arjantathgar5187
    @arjantathgar5187 5 років тому

    How much do those roles earn ??

  • @limsinyeesally4693
    @limsinyeesally4693 5 років тому

    How to improve social skills?

  • @limsinyeesally4693
    @limsinyeesally4693 5 років тому +1

    how can i succeed without a high ranking university?

  • @Forumsadmin
    @Forumsadmin 5 років тому

    Responsibilities video please! :)

  • @samkirkpatrick6237
    @samkirkpatrick6237 5 років тому +2

    Responsibilities video

  • @yashraj6584
    @yashraj6584 4 роки тому

    Responsibilities video please.

  • @sherwinfernandes4592
    @sherwinfernandes4592 3 роки тому

    Responsibilities video please

  • @Dan-nw8nv
    @Dan-nw8nv 5 років тому +1

    Hey- love the video! One question, do you get paid for the internships?

  • @thetimemaster1475
    @thetimemaster1475 Рік тому

    These videos are very informational and helpful for a high schooler interested in IB like me. Please keep up the good work.

  • @007akshays
    @007akshays 5 років тому

    make a video on how recent grads can get a job in nyc

  • @mister.b2753
    @mister.b2753 Рік тому

    Responsibilities video plz