The BEST Beginner's Guide to Investment Banking! (Compensation, Hours, Lifestyle, Pros & Cons)

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  • Опубликовано: 23 ноя 2024

Комментарии • 150

  • @rareliquidcareers
    @rareliquidcareers  2 года назад +15

    Hey All, hope you enjoyed the video! Wanted to provide some of the links I mentioned in my video below:
    ► If you're interested in recruiting for banking, check out some of my banking recruiting guides here! rareliquidcareers.com/
    ► You can also keep your recruiting organized with Jackfruit - www.jackfruit.ai/referral/rareliquid

    • @blessinggold6312
      @blessinggold6312 Год назад +1

      👆👆👆I was curious also to know the right trading and investment services, until I met expert Mrs Miriam Klein after changing my life I promised to advertise her everywhere I go.
      Her number and name is what I desplay

  • @missandrew8274
    @missandrew8274 Год назад +99

    Just my own POV. Wolf of Wall Street wasn't about investment banking. It was about stock brokerage and it's different players.

    • @AsifAkhtar20
      @AsifAkhtar20 Год назад +6

      Wolf of Wall Street is actually very accurate. That's exactly what happens at prop trading desks - minus the in office wh0res and cocaine, these happen outside ofc

    • @LTC366
      @LTC366 20 дней назад

      Youre right. He only used investment banks in off shore accounts to store his excess capital gains 😂

  • @kazinafis5696
    @kazinafis5696 Год назад +96

    You are a great resource (y)

  • @yuehangli9926
    @yuehangli9926 2 года назад +45

    Just received an offer as an M&A Analyst from an MM IB. After considering the terrible hours in this field, I gave up it and went for another position as a credit analyst at a BB. Hope that I did not make the wrong choice.

    • @kytuff7925
      @kytuff7925 2 года назад +14

      How has working as a credit analyst been for you?

    • @Geezy100
      @Geezy100 Год назад

      @yuehangli9926 how has credit analyst been treating you ?

    • @BOSSDONMAN
      @BOSSDONMAN Год назад +2

      If you don't mind me asking, what was the difference in compensation?

  • @viditagrawal722
    @viditagrawal722 2 года назад +27

    Do one for Private Equity as well

  • @July-ct7pp
    @July-ct7pp 2 года назад +50

    This video couldn’t come at a better time in my academic life as a first generation and trying to figure things out Rareliquid you’re awesome thank you so much I hope you continue making more videos in business like this maybe underwriters positions or other positions in the field would be cool also thanks again 🙏

  • @darylhopkins9796
    @darylhopkins9796 3 месяца назад +1

    You have an excellent channel. I just subscribed. I learned something new every visit.

  • @Keneth94
    @Keneth94 3 месяца назад +185

    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

    • @MrsStephanie5
      @MrsStephanie5 3 месяца назад

      Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

    • @MrsStephanie5
      @MrsStephanie5 3 месяца назад

      NICOLE ANASTASIA PLUMLEE is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

  • @Pablo-um2xt
    @Pablo-um2xt 2 года назад +10

    Again, great video and really good and structured explanation!

  • @aleegmalual8492
    @aleegmalual8492 2 года назад +8

    What should your college major be if you want to become an investment banker?

    • @iambloopy
      @iambloopy Год назад

      Finance

    • @AribellaAC
      @AribellaAC Год назад

      Finance, Economics, Mathematics, Statistics, Accounting… anything like that

  • @kylewilson2993
    @kylewilson2993 2 года назад +7

    You should do a video just like this on sales and trading

  • @tadfxcg
    @tadfxcg Месяц назад

    amazing explanation with why work hours are so long!

  • @solidsnake7723
    @solidsnake7723 Год назад +1

    recently started a bsc in banking and finance, let's see how this works out

    • @Marco-wb4dd
      @Marco-wb4dd 3 месяца назад

      hey, what uni are you studiying at?

  • @rajshreyashadhav3052
    @rajshreyashadhav3052 2 года назад +3

    Thanks man needed more clarity on this 🙏🙏

  • @Chileshe782
    @Chileshe782 Год назад +3

    This was really helpful ❤️

  • @TinaMyles
    @TinaMyles 6 месяцев назад

    Investment banking refers to a financial sector that facilitates the creation of capital for companies, governments, and other entities. This involves services like underwriting, mergers and acquisitions, securities trading, and offering financial advice. Investment banks help organizations raise funds through issuing stocks or bonds and also provide strategic guidance for corporate activities.

    • @KentBrono
      @KentBrono 6 месяцев назад

      I completely agree, and that's why I highly value entrusting an investment coach with decision-making authority. Their extensive knowledge and focused training allow them to adeptly manage risk by leveraging its potential for greater returns while also implementing safeguards against adverse outcomes. It's virtually improbable for them to deliver subpar results. Personally, I've achieved a remarkable gain of over 1.5 million dollars during my two-plus years of collaboration with an investment coach.

    • @KentBrono
      @KentBrono 6 месяцев назад

      We fail to realize that banks are commercial enterprises that are driven by greed as well. The over-leveraging of assets by banks starting in 2020 was one of the factors that led to SVB's collapse. I've never felt secure keeping a large sum of money in a bank. In other words, I invest through my financial advisor, reap the benefits, and then spend the money.

    • @georgestone0123
      @georgestone0123 6 месяцев назад

      Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us..

    • @KentBrono
      @KentBrono 6 месяцев назад

      My CFA ’Angela Lynn Schilling’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market|

    • @georgestone0123
      @georgestone0123 6 месяцев назад

      Thank you for this Pointer. It was easy to find her handler, She seems very proficient and flexible. l booked a session with her...

  • @jorgenpettersen97
    @jorgenpettersen97 2 года назад +3

    This is super helpful. Thank you!

  • @SteashOne
    @SteashOne Год назад +1

    solid overview - thanks

  • @KJ-js7pi
    @KJ-js7pi 2 года назад +2

    Hello, can you talk about the difference between Capital Markets, Equity Research, Sales & Trading, Private Banking and Corporate Banking?

  • @gary2835
    @gary2835 2 года назад +2

    Phenomenal guide 🙌

  • @kanishkkashyap9283
    @kanishkkashyap9283 2 года назад +2

    There are 2 kinds of people:
    1) That want to make money
    2) That actually make money
    Choice is yours!

    • @mehrunissa1502
      @mehrunissa1502 2 года назад

      Lol 😂 if only choice was in people’s hand

  • @eld3moniod3monio40
    @eld3moniod3monio40 2 года назад

    That's true in wall street those ppl are plugged.for experience

  • @matteussouza5527
    @matteussouza5527 2 года назад

    Nice video, man ! New subscriber here, watching all of your videos from Brazil 🇧🇷👏👏👏

  • @JohnIKinnunen
    @JohnIKinnunen Год назад

    how would you suggest making a career switch in to investment banking and would you suggest investment banking or fintech? would you get a certificate in fintech or a masters in finance to break into the industry? Thank you in advance and keep up the good work. i know it isn't easy making high quality videos like these.

  • @OiVinn-eq1ml
    @OiVinn-eq1ml Год назад +1

    Do you need to graduate from an elite school to go into investment banking?

  • @sureshnishtala2887
    @sureshnishtala2887 2 года назад +1

    Great video .....learned a lot of things ...

  • @billc9178
    @billc9178 7 месяцев назад

    I’m considering paying for a 1 on 1 zoom call with you.
    I’m a career changer and wanted to see what advice you would have for someone transitioning from P&C insurance to Financial Advising (education background: economics). I recently passed my SERIES 65 and want to apply my degrees.
    Do you think you can help ?

  • @Karandeepsingh-kk2rv
    @Karandeepsingh-kk2rv 2 года назад +2

    How many less hours would you say investment bankers work if they are in ECM or DCM when compared to M&A?

    • @rareliquidcareers
      @rareliquidcareers  2 года назад

      depends on the week, sometimes they may be equally busy but in general about 10-20 hours less per week

  • @emacro65
    @emacro65 5 месяцев назад +4

    70-100 hours a week... Sounds like a terrible job

  • @andrewk2.718
    @andrewk2.718 11 месяцев назад

    Please fix: remove cs from thumbnail, thanks.

  • @JC-dx6ep
    @JC-dx6ep 5 месяцев назад +1

    If you’re comparing wolf of wall streeet to IB in the first 30 seconds of the video, you have no idea what you’re talking about

  • @CCoh123
    @CCoh123 2 года назад +1

    Why are Elite Boutique positions compensated more than Bulge Bracket positions? Thanks for the insight

  • @PapaJenkinz
    @PapaJenkinz 2 года назад

    Surprised you didn’t mention RBC Capital Markets

  • @malikq86
    @malikq86 2 года назад +1

    Aren't these compensations really based on NYC firms (where most IB/PE companies are)? I doubt these compensations would be align for IB/PE firms in Texas for example. Correct? or is this pretty universal regardless of location?

    • @rareliquidcareers
      @rareliquidcareers  2 года назад +1

      pretty standard across most of the US. for example at jpmorgan it didn't matter if you were in SF, LA, or NY, you would get the same compensation. so for elite boutiques / bulge bracket banks / most middle market banks, pay will be similar across offices. but at the smaller regional boutique level, i could see compensation being drastically different depending on location / firm
      in europe / asia / other countries outside of the US though the compensation is very different

  • @shalsteven
    @shalsteven 6 месяцев назад

    how many MD in a firm?

  • @vikky821
    @vikky821 Год назад

    Hi, what courses I can do to work for any investment bank in Canada ??

  • @user-gr8fc3de9w
    @user-gr8fc3de9w 2 года назад

    where would rothschild rank - elite boutique or middle market?

  • @jg7088
    @jg7088 2 года назад

    HBO's Industry was pretty accurate in what goes on in IB do you think haha?

    • @rareliquidcareers
      @rareliquidcareers  2 года назад

      haven't watched it but i dont think it would be haha

  • @andrewguerra9117
    @andrewguerra9117 2 года назад

    Could you do a video on asset management

    • @thatkid9629
      @thatkid9629 2 года назад

      Dude no way. Andrew Guerra?! Bro I wanna be a pike at Uark so badly. Can u help me?? 😝😝

  • @tarunlohani263
    @tarunlohani263 2 года назад +1

    State Bank of India

  • @davontawilliams3958
    @davontawilliams3958 2 года назад

    Why do elite boutiques get paid more compensation than bulge brackets ?

  • @sankeerthansai4080
    @sankeerthansai4080 Год назад

    hey!
    iam sunny and iam doing my masters in finance and economics.I want to be an investment banker.
    can u tell me what should i do after completion of my studies ?
    can you guide me?

    • @blessinggold6312
      @blessinggold6312 Год назад

      👆👆👆I was curious also to know the right trading and investment services, until I met expert Mrs Miriam Klein after changing my life I promised to advertise her everywhere I go.
      Her number and name is what I desplay

  • @alexmirzabdullaev395
    @alexmirzabdullaev395 Год назад

    what about Blackrock

  • @THEBIGBULL-k4o
    @THEBIGBULL-k4o Год назад +4

    I am an under graduate student from India and will pass CFA level two and FRM both level papers till graduation. I am pursuing bachelors degree in account.
    And along with this I also do an internship as an equity dealer with one of the Top brokers in India.
    After I graduate, I dream of my future and my career in Wall Street in New York, is this dream possible, that I can then take a job in a very big company like Morgan Stanley, JP MORGAN, Goldman Sachs or another big and medium Financial Corporation.
    Please reply I need help a lot. And I am going to have a dream that there is a boy who dreams of doing something big in the future. Please reply.

  • @darshitshah7095
    @darshitshah7095 2 года назад

    Do u need an MBA or a CFA for IB ? Which is better ?

    • @rareliquidcareers
      @rareliquidcareers  2 года назад

      mba is the best way to enter IB as an associate, cfa not needed

    • @darshitshah7095
      @darshitshah7095 2 года назад

      @@rareliquidcareers Currently I have completed the US CMA and looking to join Investment Banking. Will I ever need the CFA to join IB or can I skip it and move on with getting an MBA as I find the CFA really really difficult to complete.

    • @SirPunzalot
      @SirPunzalot 2 года назад +1

      @@darshitshah7095 He just said ignore CFA and go with an MBA. Can't you read basic English?

    • @iambloopy
      @iambloopy Год назад

      Yes

  • @barryaherne215
    @barryaherne215 2 года назад +5

    I'm kind of speaking from an unknown place here, but I did a quick Googley to see how things are here in Europe, and what I found was that the maximum amount of hours that one can work in a week is 48, and employees are entitled to at least an 11 hour break every 24 hours. That would lead me to a few thoughts/questions:
    Maybe I'm a little naive here and it does happen in some industries, but the idea of working up to 100 hour weeks would not be allowed in the EU legally, especially combined with having 9 hours at most between finishing and starting. That being said, if IB does indeed happen over here, then deals must be completed in a much longer window, so then why can't the same happen in the U.S? It wouldn't be anything to do with those wonderful, non-exploitative labour laws, would it?

    • @rareliquidcareers
      @rareliquidcareers  2 года назад +1

      hmm i'm pretty sure bankers work more than 48 hours a week in europe though you may know better than me. not sure about your question!

    • @barryaherne215
      @barryaherne215 2 года назад +1

      @@rareliquidcareers - Brave of you to assume I know better than you lol. But yeah, I was just curious.

    • @tilloberto
      @tilloberto 2 года назад +2

      There might be laws but the fact is that analysts also have to work for 70+ hours in Europe. It might be a bit more in the US but they are also earning more. The economy depends on investment bankers and strategy consultants. That's why politics doesn't step in. Hope that clarifies.

    • @barryaherne215
      @barryaherne215 2 года назад +1

      @@tilloberto Good to know. Thank you!

    • @minecraftsteveable
      @minecraftsteveable 2 года назад +3

      Actually, most banks in London make you sign a waiver for those hours if you are a EU citizen, meaning you still work long hours.

  • @rajshreyashadhav3052
    @rajshreyashadhav3052 2 года назад

    To what level do you think that the comp will be increased 2-3 yrs down the line?? Specially at the lower levels

    • @rareliquidcareers
      @rareliquidcareers  2 года назад +2

      i'd actually be surprised if they keep bumping it up because there's been a meaningful increase already. the old $85K base for analysts was the base for i think 3-5 years, so i wouldn't expect another bump for at least another 2-3 years

    • @rajshreyashadhav3052
      @rajshreyashadhav3052 2 года назад

      @@rareliquidcareers ohh that's good to know 👍

  • @taresy6789pp
    @taresy6789pp 2 года назад

    show the world what Orientals are made off we are not soft as you think, good luck mate

  • @econ8564
    @econ8564 2 года назад

    Bookmark
    2:38

  • @owoadeenoch2814
    @owoadeenoch2814 2 года назад +51

    I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?

    • @indahlestari7633
      @indahlestari7633 2 года назад

      All you need as a beginner to make good profit from cryptocurrency is a professional trader who will trade on your behalf else you may make losses.

    • @noraemelda3714
      @noraemelda3714 2 года назад

      That is true, you need an expert trader to make good profit from cryptocurrency trade

    • @noraemelda3714
      @noraemelda3714 2 года назад

      And this is the perfect time to invest in cryptocurrency because of the rise in cryptocurrency.

    • @leonardwinston4232
      @leonardwinston4232 2 года назад

      How can someone know a professional trader that is trustworthy when legit ones are hard to find this days.

    • @leonardwinston4232
      @leonardwinston4232 2 года назад

      💯💯💯

  • @luis61961944
    @luis61961944 2 года назад

    is blackstone not a Investment Bank?

  • @georgiejackpot9540
    @georgiejackpot9540 Год назад +1

    I want to get paid 1 miiiiiiiilion dollars

  • @arthurholanda3305
    @arthurholanda3305 2 года назад

    Do they have vacation? 😂

  • @mracisthy3732
    @mracisthy3732 Год назад

    Could I be your mentee 👉🏻👈🏻

  • @blessinggold6312
    @blessinggold6312 Год назад +34

    Thanks for the update and keep doing what you do

  • @Sam.observe
    @Sam.observe 2 года назад +1

    Could I work in an investment bank at the age of 14? I really have a big passion with business and a lot of education about finance. I even predicted the crash of Bitcoin and the rise of a solar company, but my dad didn't allow me to short sell Bitcoin and to invest in the solar company so I lost the opportunity 😂.

  • @123shotas
    @123shotas Год назад

    Credit suisse 😂😂😂
    More like credit suicide

  • @zoeykate9947
    @zoeykate9947 2 года назад +3

    Crypto currency and NFTs will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% profit from my current investment

    • @simpletoff8733
      @simpletoff8733 2 года назад +9

      Ok Zoey

    • @adamlaporte2512
      @adamlaporte2512 Год назад +7

      This did not age well.

    • @DanielRoytman
      @DanielRoytman Год назад +1

      What and what will outsmart banking? Come again?

    • @AribellaAC
      @AribellaAC Год назад

      Cryptos only value is what others value it as. Crypto is too volatile to ever replace currency.

  • @uropy
    @uropy Год назад

    IB is good to very high pay, unstable career, and average social status. Yes, a bartender job hooks a chick better than a banker. No one gives a damn about banker.

  • @Joanna-cy4bv
    @Joanna-cy4bv 2 года назад

    Hi the Jackfruit website appears to be 404 not found.

  • @Docketsattestation
    @Docketsattestation 4 месяца назад

    for the best business consultancy in Calicut you can click on the link www.ybnconsultancy.com/

  • @duhhullo27
    @duhhullo27 2 года назад +1

    Could you make a video about sales and trading?

  • @billc9178
    @billc9178 7 месяцев назад

    I’m considering paying for a 1 on 1 zoom call with you.
    I’m a career changer and wanted to see what advice you would have for someone transitioning from P&C insurance to Financial Advising (education background: economics). I recently passed my SERIES 65 and want to apply my degrees.
    Do you think you can help ?