I'm 19 years old and I'm interested in doing Software Engineering. I already have previous experience and I'm going to University as a freshman. Your videos help me place money and my goals into perspective even though I'm not interested in Investment Banking or any career like the one described in your videos. I do like your content and it helps me to asses and quantify a goal in terms of my income as a Software Engineer.
Same man I wanna be a software engineer but I didn’t do no chemistry and I like the subject so I am contemplating on if I should just take economy as I mostly did commercial subjects which I also find interesting.I am lost 😞
OK Angela, I am an MBA. I worked for a Boutique Bank as an Associate for 2 years. Then I worked as Director of Business Development for Asset Manager/Broker-Dealer for one year, And finally, I worked for a Manhattan Venture Capital firm as Senior Vice President for five years!. How much should have my salary and bonuses been? These were not Bulged Bracket Banks though!!
@@angelasunx3 I was in investment banking this long! The New York Boutique Bank where I was a remote Associate from September 2010-October 2012. I worked again for this bank for a time in 2014. The Beverly Hills Asset Management Remote Director of Business Development I worked for from January 2013- April 2014. And the Manhattan Venture Capital firm where I was A Senior Vice President position I worked remotely from April 2014 until March 2019! I am just trying to find out how bad I got screwed on my salary/ bonuses! And what I should be asking for now! Merry Christmas and Thank you!
@@bloodyredvinal Got it - I'm still unsure if I understand. Seems that you worked at an investment banking from 2010 - 2012, and then again in 2014? Would likely follow the time frames / bonuses I provided in the video to get a range of what it would look like if that helps.
@@angelasunx3 Yes! An Associate at a investment bank from September 2010-October 2012. Director of Business Development from January 2013-April 2014. Senior Vice President from April 2014-March 2019! I have an MBA from Rutgers . I studied for my MBA in Beijing when Rutgers had classes there! I graduated in May 2006! Just trying to find out roughly how much my salary and bonuses should have been in those years. And what my value might be today!
@@bloodyredvinal Understood! I think it's difficult for me to estimate what your salary / bonuses should be given you have a pretty diverse set of experiences. Seems like you'd be at the level of around a VP or ED though in banking at this stage, so would see my video on salaries for those to get a range.
I am a Managing Director. 33 years old. Would like to add that outperforming as an analyst and an associate can let you speed throught vp and exec in 5 years. I work at Goldman so we have a partner rank above where I am at. Partners make 800k+ with bonuses often in the multi millions. they are client scouts essentially. hopefully I will be there before 35
Damn you’ve gone that far... as a teenager please could you summarize your experience in restrospect to your job pay and social life Ups and down in a nutshell
Hey Angela ty for this amazing vid, Im 17 and want to become a investment banker, but i dont know what to study :( So my question is, are there any courses that u can recommend, for example Coorporate Finance etc.....
Do you plan on trying to move up the ranks in investment banking, or doing PE, MBA, VC, etc? Are these numbers, titles, and length in program similar in PE?
@@angelasunx3 Look into the lifestyle and comp for Associate at Elite Boutiques ( PWP, Centerview, Evercore), or Buyside groups within IBs before deciding on PE. Some PE firms can be IB 2.0
For the 3 year spans at each position you described is that a set period of time? Or can that vary. For instance could an analyst never move up the latter or take longer than 3 years? Also how does the work hours per week differ at each position?
Yep it's a set period of time. It's possible to not make it to the next level, but people oftentimes do at the junior level. It's towards senior levels like ED and MD where it gets more difficult.
You're so smart Angela! I have been watching your vids! How old are you if you don't mind me asking? I'm currently 23 and I just graduated with a degree in accounting. I will be working with one of the Big 4 in the audit department, was wondering if you have tips to transition into investment banking (if possible, bulge bracket). Would like to know if its possible to transition from audit with 3 years of experience into an IB associate.
hey Angela, I graduate with a bachelor of finance but I found a job related to tax. I am super confused right now. What is my future career path? Do I need to choose an MBA in finance concentrate program or need to change my major to accounting and get my CPA? Change major is kind of wasting time but in my case, I don't know what is the future direction.
Hi Jane! It depends what you'd like to do moving forward - working in tax will lend you experience to other similar jobs in the future, but just depends on if that's what you want to focus on or if it's something different.
Hi ! I would like to know what do u think about the ETF’s $ARKK and specially $ARKG, do u see future there, or bubble burst soon... I personally see future and I think we are early investors buying Tesla when it was a 40USD company 😅, ur opinion ll be very appreciated
Understand it is rare that you’ll a Vice President in their late 20s. Associate more in their mid 30s, reasons there’s not many positions on this level. Trust you’re not coming out of college going into associate. Experience is needed. Also people that are in these positions are not leaving unless their getting an promotion etc… keep your head up folks the average median income is 58,000 a year. So starting off at 80k put you way ahead of the game
You can be a VP in your late 20s if you start off as an analyst after undergrad. Those who join IB after doing an MBA though are pushed back a few years, but start as associates.
Hey Angela :) would you mind doing a video on how your RUclips channel is earning you since you got monetised? Since you’re in the finance niche, I was curious what your CPM was :) Thanks and I’m a new sub! :)
Very informative video, but every time you make a cut in the video there is a water-like sound on the audio. The video would've been top notch if it wasn't for the audio issue.
@@angelasunx3 If you can get a nice quiet place with some proper audio, you'll be set. I've found audio to be just as important (if not more so) as video quality. Thank you for sharing all you knowledge about the industry. :)
Is it possible to join a bulge bracket IB in New York for someone who's done his/her MBA and has already worked with a bulge bracket in India for 4-5 years?
Angela mam does investment banking companies offer us a sports opportunities? As now my age is 17 and i wants to achieve my dream of becoming investment banker.
Hey Angela. Im currently in my final semester of bba (finance). From one of the top institutions of india and soon going to enroll for CFA . What's your take on doing cfa along with holding bba if I want to get in IB. And if possible guide how can I go forth to usa IB from india . I have no experience
From people that I know who have gone from India to doing IB in the US, they generally have done either an MBA in the US or have IB experience in India if that helps
@@2012muneeb Frankly don't know too much about the CFA in relation to IB - I'm sure if anything it would help, but unclear to what degree. From those who I know from India, they had gotten an MBA
Hey! Right now I’m a freshman, my college is the number one ranked in Mexico, do you know if foreign people have the opportunity to work on investment banking in USA, it is my dream job, love your videos!
Hello, I'm new to forex trade And have been making huge losses but I recently see a lot of people earning from it. Can someone please tell me what I'm doing wrong
![Hunxho - Ball Forever [Official Video]](http://i.ytimg.com/vi/nki9ZTF9Uls/mqdefault.jpg)
I’m 16 and wanting to go into investment banking, these videos are really helpful, thanks!
That's great! Glad to hear :)
hahah same
but Im 17
Wow same but I’m 3
@@caraserena4845 i am 15 tooo..
Me too! but i'm 11!
Just started watching but I already know this will be GOOD
Thanks so much for watching!
I'm 19 years old and I'm interested in doing Software Engineering. I already have previous experience and I'm going to University as a freshman. Your videos help me place money and my goals into perspective even though I'm not interested in Investment Banking or any career like the one described in your videos. I do like your content and it helps me to asses and quantify a goal in terms of my income as a Software Engineer.
That's amazing! Best of luck with everything.
Same man I wanna be a software engineer but I didn’t do no chemistry and I like the subject so I am contemplating on if I should just take economy as I mostly did commercial subjects which I also find interesting.I am lost 😞
I will use this as motivation for my 4 years of undergrad!!! Thank you for the amazing video!
Thanks so much for watching Ruben! That's great to hear haha
Angela: How Do They Make SO MUCH?
IRS: hold my 40% tax rate :)
Rip haha
Thats cruel
Marking attendance 🙋♀️
Amazing, thanks Tooyosi!
All of your videos are so helpful, Thank you!!
Thanks so much for watching, Noelle!
Awesome video! It gave me insights of investment banking ❤️
Amazing! Thanks for watching :)
Damn, you look gorgeous! Another great video~!
Thank you!
Amazing video, really helpful to us who aspire to become IBs one day! What would you say is the approximate % of the income that goes towards taxes?
No problem! I'd say somewhere between 30-40% depending on your salary
OK Angela, I am an MBA. I worked for a Boutique Bank as an Associate for 2 years. Then I worked as Director of Business Development for Asset Manager/Broker-Dealer for one year, And finally, I worked for a Manhattan Venture Capital firm as Senior Vice President for five years!. How much should have my salary and bonuses been? These were not Bulged Bracket Banks though!!
You mean if you'd been in IB this whole time?
@@angelasunx3 I was in investment banking this long! The New York Boutique Bank where I was a remote Associate from September 2010-October 2012. I worked again for this bank for a time in 2014. The Beverly Hills Asset Management Remote Director of Business Development I worked for from January 2013- April 2014. And the Manhattan Venture Capital firm where I was A Senior Vice President position I worked remotely from April 2014 until March 2019! I am just trying to find out how bad I got screwed on my salary/ bonuses! And what I should be asking for now! Merry Christmas and Thank you!
@@bloodyredvinal Got it - I'm still unsure if I understand. Seems that you worked at an investment banking from 2010 - 2012, and then again in 2014? Would likely follow the time frames / bonuses I provided in the video to get a range of what it would look like if that helps.
@@angelasunx3 Yes! An Associate at a investment bank from September 2010-October 2012. Director of Business Development from January 2013-April 2014. Senior Vice President from April 2014-March 2019! I have an MBA from Rutgers . I studied for my MBA in Beijing when Rutgers had classes there! I graduated in May 2006! Just trying to find out roughly how much my salary and bonuses should have been in those years. And what my value might be today!
@@bloodyredvinal Understood! I think it's difficult for me to estimate what your salary / bonuses should be given you have a pretty diverse set of experiences. Seems like you'd be at the level of around a VP or ED though in banking at this stage, so would see my video on salaries for those to get a range.
I am a Managing Director. 33 years old. Would like to add that outperforming as an analyst and an associate can let you speed throught vp and exec in 5 years. I work at Goldman so we have a partner rank above where I am at. Partners make 800k+ with bonuses often in the multi millions. they are client scouts essentially. hopefully I will be there before 35
Damn you’ve gone that far... as a teenager please could you summarize your experience in restrospect to your job pay and social life
Ups and down in a nutshell
How much do you make plzzz answer ???
@@yourmom7007 Last year my comp was 428 base with 850 bonus. 400 of that bonus is locked in shares for 4 years.
@@mrk2938 Whats your net worth ???Is the job stressful ???
Mr K What are the hours like at your level?
A great video Angela loving the backdrop 🥰💕
Haha thanks much Amal!
Hey Angela ty for this amazing vid, Im 17 and want to become a investment banker, but i dont know what to study :(
So my question is, are there any courses that u can recommend, for example Coorporate Finance etc.....
Would recommend corporate finance / valuation / a basic accounting class. Best of luck!
Hi can we become a managing director after having an MBA from a top school?
Not immediately - you'd likely start off as an associate first
What do you think about New York state's income tax hike?
Frankly no strong opinions on it!
Do you plan on trying to move up the ranks in investment banking, or doing PE, MBA, VC, etc? Are these numbers, titles, and length in program similar in PE?
Likely the latter - slightly different structure in PE, with pay in general a bit higher than IB depending on the firm
@@angelasunx3 Look into the lifestyle and comp for Associate at Elite Boutiques ( PWP, Centerview, Evercore), or Buyside groups within IBs before deciding on PE. Some PE firms can be IB 2.0
@@shamarg6 Agree
For the 3 year spans at each position you described is that a set period of time? Or can that vary. For instance could an analyst never move up the latter or take longer than 3 years? Also how does the work hours per week differ at each position?
Yep it's a set period of time. It's possible to not make it to the next level, but people oftentimes do at the junior level. It's towards senior levels like ED and MD where it gets more difficult.
do you feel completing the three years as an analyst makes more sense or to finish a masters and then apply for an associate?
Likely start as an analyst if you can
Get an masters
Go Angela!! amazing!
Thank you so much!
In one word "Amazing"
Thanks Nahian!
You're so smart Angela! I have been watching your vids! How old are you if you don't mind me asking? I'm currently 23 and I just graduated with a degree in accounting. I will be working with one of the Big 4 in the audit department, was wondering if you have tips to transition into investment banking (if possible, bulge bracket). Would like to know if its possible to transition from audit with 3 years of experience into an IB associate.
You'd likely need an MBA to make the switch to an IB associate
And thanks so much for watching! :)
First person to comment 😁😁😁😁
Speedy! Thank you 😊
Informative video:) Thanks a lot! Btw is that your swimming pool in the back?;)
Thank you! Not in NY but yes!
@@angelasunx3 Is that palm beach Florida?
@@KOH2423 I wish!
Amazing as usual
Thank you!
What are groups in IB? I heard about healthcare groups but what do you exactly do in those groups, work in M&A or deals within that industry only?
Yep you work on deals within that industry only
hey Angela, I graduate with a bachelor of finance but I found a job related to tax. I am super confused right now. What is my future career path? Do I need to choose an MBA in finance concentrate program or need to change my major to accounting and get my CPA? Change major is kind of wasting time but in my case, I don't know what is the future direction.
Hi Jane! It depends what you'd like to do moving forward - working in tax will lend you experience to other similar jobs in the future, but just depends on if that's what you want to focus on or if it's something different.
I believe if you wanna do finance, I suggest you Leave tax asap otherwise you will get pigeonholed
Hii Angela what you think about chances of person who is doing
Masters in Finance from a place like Boston College or GeorgiaState with CFA.
Could join as associate, especially if you have other relevant experiences
Hi ! I would like to know what do u think about the ETF’s $ARKK and specially $ARKG, do u see future there, or bubble burst soon... I personally see future and I think we are early investors buying Tesla when it was a 40USD company 😅, ur opinion ll be very appreciated
Wish I could provide a knowledgable answer on this, but I probably know just as much as you do about it!
@@angelasunx3 that answer gives me a lot of information !, it means we are seeing the beginning of new sectors 😃😁💛 thanks !!,
Understand it is rare that you’ll a Vice President in their late 20s. Associate more in their mid 30s, reasons there’s not many positions on this level. Trust you’re not coming out of college going into associate. Experience is needed. Also people that are in these positions are not leaving unless their getting an promotion etc… keep your head up folks the average median income is 58,000 a year. So starting off at 80k put you way ahead of the game
You can be a VP in your late 20s if you start off as an analyst after undergrad. Those who join IB after doing an MBA though are pushed back a few years, but start as associates.
What us the typical day of investment banking anylst
I go over that in this video: ruclips.net/video/Ksufjs30-Rg/видео.html
Great video👍👍👌👌
Thanks Niket! :)
Hey Angela :) would you mind doing a video on how your RUclips channel is earning you since you got monetised? Since you’re in the finance niche, I was curious what your CPM was :)
Thanks and I’m a new sub! :)
Thanks so much Siddell! Will keep that in mind for a future video :)
@@angelasunx3 awesome thanks 😊
Hi Angela. Do salaries vary by state? Do you know salaries for Florida? Thank you :)
Not sure of IB salaries for other states - would imagine it depends more on the firm. Likely similar base and bonus could differ
@@angelasunx3 Thank you ^^
It's so informative
I'm glad!
Very helpful!
Thanks Billy!
Think the base for associate is now $150k
Makes sense!
analysts make 150k? y’all should I do computer science or business?
Slightly more now given analysts received a raise! You should choose based on interests
Very informative video, but every time you make a cut in the video there is a water-like sound on the audio. The video would've been top notch if it wasn't for the audio issue.
Thanks! And I know the background noise in this video was no bueno :(
@@angelasunx3 If you can get a nice quiet place with some proper audio, you'll be set. I've found audio to be just as important (if not more so) as video quality.
Thank you for sharing all you knowledge about the industry. :)
Investment banker vs consultant and best path to PE /VC
Great video idea
Do you pay taxes on bonus?
Or are they tax free?
You pay taxes on them
Is it possible to join a bulge bracket IB in New York for someone who's done his/her MBA and has already worked with a bulge bracket in India for 4-5 years?
Yes! People do make the switch from IB in India to NY offices.
@@angelasunx3 thankyou.
What is your firm name ??
UBS
Angela mam does investment banking companies offer us a sports opportunities? As now my age is 17 and i wants to achieve my dream of becoming investment banker.
What about partners?
That's more relevant to PE
@@angelasunx3Interesting
where is this place in NY?
Not in NY
@@angelasunx3 then
Hey Angela. Im currently in my final semester of bba (finance). From one of the top institutions of india and soon going to enroll for CFA . What's your take on doing cfa along with holding bba if I want to get in IB. And if possible guide how can I go forth to usa IB from india . I have no experience
From people that I know who have gone from India to doing IB in the US, they generally have done either an MBA in the US or have IB experience in India if that helps
And can you say anything regarding CFA ? Is it good or bad for IB . If not anything else you suggest to pursue or anything to do ?
@@2012muneeb Frankly don't know too much about the CFA in relation to IB - I'm sure if anything it would help, but unclear to what degree. From those who I know from India, they had gotten an MBA
Thank you so much Angela . MBA from.India ?. Or US itself
@@2012muneeb US from what I've seen
Mam can I become directly associated after having cfa course
It helps!
Sorry I didn't get it
Can we go into investment banking after MBA ?
Yes that's a common route
@@angelasunx3 so after MBA we have to go for analyst job or we could go for associate job ?
@@chandniteckchandani8639 Associate
@@angelasunx3 i have a lot of doubts regarding IB so i can ask you on instagram...is that ok ??
@@chandniteckchandani8639 😂😂
Is it true that sky's the limit ?
To a degree yup when it comes to the MD level
@@angelasunx3 great 🤑
Wait what degree do you need. How many years?
Undergraduate degree is enough
@@angelasunx3 wow I was under the impression you need a phd
the background noise needs to be fixed. it's very annoying
Apologies for it! Didn't notice how bad it was initially
Feels the ed level comps range is slightly on the higher side
Have you ever seen an MD just tear apart a junior banker?
Yep haha oftentimes through the form of email
How many year I will make millions
Depends how long it takes for you to become MD
Can I become md before 25
@@shikhargupta5609 I think that’s prob unrealistic. Prob more like late 30s
200k salar before or afterr tax
This is all pre tax
Interesting
Indeed
Is that your swimming pool? Wow!
Green screen!
@@angelasunx3 no way
Does race and age matter ?
Race, no, but age, yes
@@angelasunx3 are you sure ? This is America we are talking about secret animosity against another race exist.
@@angelasunx3 and why does age matter so much ?
Hey! Right now I’m a freshman, my college is the number one ranked in Mexico, do you know if foreign people have the opportunity to work on investment banking in USA, it is my dream job, love your videos!
Thanks Christian! Yes definitely foreigners can work in the US.
how come you know these stuff? My friend JZ and I think this is #sus
Mam I heard Ed earn $1.5 million per year and managing director earn 10 million dollars every year is it true
Generally no for EDs, and MDs potentially, however usually not as much as 10 million
No not 10 million lol. Thats more like top tier of partners
Mam I saw In wso website
What's the least education qualification we can start as an analyst? Actually I'm undergraduate.
Undergrad is enough
@@angelasunx3 Please make a video on your journey
@@gauravbisht1567 Sounds good!
@@angelasunx3Yeah...it would be really helpful for beginners.
Hello, I'm new to forex trade And have been making huge losses but I recently see a lot of people earning from it. Can someone please tell me what I'm doing wrong
All you need now is a professional broker else you gonna continue blowing of your account.
Mrs Natalie Brooklyn trading services strategies is working for me at the moment and am making good profit from forex and crypto trading.
@@brooksrodriguez3628 Same here its four months now I started investing with them and it's been a good experience
@@brooksrodriguez3628 You're right sir, Thanks for introducing me to Mrs Natalie
People are scared of investing because of the high rate of scam in the business
Omg the Audio is so annoying
Sorry about all the background noise!
@@angelasunx3 no its ok 😂
All this salary are monthly or yearly?
Yearly