How To Network Like An Investment Banker? Harsh Parikh, Ex-Director - IB, DSP Merrill Lynch - Part 3

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  • Опубликовано: 28 июл 2024
  • In this video, Harsh Parikh, CA, Co-Founder at DRiefcase, Ex-Director - Investment Banking at Bank of America Merrill Lynch, IIM Bangalore alum talks about the basic skills one needs as an investment banker. He tells us why he thinks a commerce student has an advantage in a finance career after b-school.
    Check out more stories here - bit.ly/2JpG6LI
    Summary of the video
    Harsh answers various questions about investment banking. He tells us just what hardcore skills one needs to get recruited into a reputed IB firm. He shares how basic financial knowledge is a must for any financial career. He shares that communication is a skill every b-school student needs to develop. He talks about networking and why it’s a very important skill to have. He suggests communicating with seniors, professors and guest lecturers at b-school and developing the ability to talk to all and sundry.
    Harsh talks about skills like reading a balance sheet and an annual report being super helpful if you want to get into investment banking. He further talks about working in a sensitive sector like digital health. He tells us how anyone can shift careers and sectors. He shares how one should always develop soft skills and continue to learn throughout their careers.
    If you’re wondering what it takes to become an investment banker, and just how to develop those skills while at b-school, this is a must-watch for you.
    Key Takeaways
    1. Getting your soft skills right in hiring is probably often what makes or breaks startups.
    2. Pay attention when your HR teachers talk.
    3. An important skill for you if you aspire to work in finance = the ability to read a balance sheet.
    4. You need to know the fundamentals of finance for a successful investment banking career.
    5. Take corporate finance and advanced corporate finance courses to get into a finance career in any b-school.
    Work on a Live Project, get live & recorded sessions, 1-on-1 interview prep & CV editing to help you bag that Finance dream job with the AltUni Finance CareerPro Masterklass! Learn Finance concepts in jargon-free sessions from IIM-A, B, I and XLRI alumni who’ve worked in companies like Deutsche Bank, Edelweiss, Merrill Lynch, Kotak Securities, Kotak Wealth, TAS, etc. in a program rated 4.4 out of 5! Click here to know more - bit.ly/2XvqUYe
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    Also, check:
    The Reality Of Investment Banking - Harsh Parikh - Part 1 here - bit.ly/2y8NLsn
    As An Entrepreneur, You Cannot Have Ego - Harsh Parikh - Part 2 here - bit.ly/30TaaGv
    #FInance #InvestmentBanking #IIMBangalore #BankOfAmerica #MBA #BAML
    You can also watch:
    How Experience In Sales Adds To Your Career Growth - Shubham Khurana - Part 1 here - bit.ly/2xLgraT
    Why I Did A Masters In The US Despite Having A SPJIMR MBA - Divya Anand - Part 2 here - bit.ly/2Y0Fci9
    I Chose The Wrong Job From My B-school Campus Before - Saurabh Sengupta - Part 2 here - bit.ly/2HXJ1vH

Комментарии • 117

  • @InsideIIMKonversations
    @InsideIIMKonversations  5 лет назад +17

    Also, check:
    The Reality Of Investment Banking - Harsh Parikh - Part 1 here - bit.ly/2y8NLsn
    As An Entrepreneur, You Cannot Have Ego - Harsh Parikh - Part 2 here - bit.ly/30TaaGv

  • @prasannakumar3226
    @prasannakumar3226 5 лет назад +83

    I am not even interested in IB, I am a supply chain person. But listening to Harsh has given me insights to things that are universal.

    • @InsideIIMKonversations
      @InsideIIMKonversations  5 лет назад +1

      So happy to hear this :D Prasanna! We spoke to a wide variety of successful alumni in our annual Konversations Cafe - Pre-MBA Social. To find all the videos in this series click here: bit.ly/2F8zNuG

    • @fmoz1010
      @fmoz1010 2 года назад +1

      @@InsideIIMKonversations
      I want to know what is he doing after launch of Health Card by Narendra modi....💁‍♂️💁‍♂️💁‍♂️💁‍♂️💁‍♂️💁‍♂️

  • @AngshumanVI
    @AngshumanVI 4 года назад +24

    One thing to note is that when someone asks a question, they need to keep it short and concise. Saying things like, "so my question is" or "so I want to ask you that" just adds redundancy and makes it sound like they're patronizing.

  • @pratiksharma3598
    @pratiksharma3598 5 лет назад +123

    This guy is Gem.. Loved your talk sir..

    • @abhip4538
      @abhip4538 5 лет назад +5

      Correct He is one of the most honest guy I have ever seen on internet....
      I mean who says...........I was from the greedy lot.........I have done politics.....
      Amazing........

    • @InsideIIMKonversations
      @InsideIIMKonversations  5 лет назад +2

      Thanks, Pratik. Glad you find it useful :D You might also want to watch candid talks with Saurabh Sengupta on - 'The Reality Of Life At An IIM' - Part 1 here - bit.ly/2WeO9PI

    • @pramilkant2488
      @pramilkant2488 4 года назад +5

      He is a ca...
      Not a gem

    • @techfactory5904
      @techfactory5904 4 года назад

      ruclips.net/video/PqcriNzkATE/видео.html
      Friends watch this amazing video that how to download any paid app in free🤍🤍♥️❤️🏳️‍🌈🧡💛💚

    • @KrishnaGupta-qq6fx
      @KrishnaGupta-qq6fx 3 года назад +1

      @@pramilkant2488 u mean to say CAs being more precious than gem
      Hmmmmmm... Then u r absolutely correct ✌️

  • @kvs123100
    @kvs123100 5 лет назад +15

    He is such a gem! He calls spade a spade!

  • @gojosan1376
    @gojosan1376 3 года назад +11

    Imagine working with this guy... Anybody will feel confident in his presence.

  • @abhaylath5601
    @abhaylath5601 5 лет назад +30

    Corporate politics. What an insight!
    Great work insideiim!

    • @InsideIIMKonversations
      @InsideIIMKonversations  5 лет назад +2

      Thanks, Abhay. We find it insightful too! Have you seen the first two parts of his video series? If not you can watch Part 1 here - bit.ly/2y8NLsn and Part 2 of Harsh Parikh's talk here - bit.ly/30TaaGv

  • @karthik1780
    @karthik1780 5 лет назад +42

    Underrated channel.

  • @psravenkat9857
    @psravenkat9857 3 года назад +2

    Harsh, You are really a humble, down to earth person. I liked your interview. Wish you all success

  • @ramjiYahoo
    @ramjiYahoo 5 лет назад +5

    Very useful tips- develope hiring softskills,. Never hand over a document from the hot printer, reread, reread, reread

  • @shahrags
    @shahrags 3 года назад +3

    His advice on networking is bang on

  • @abhip4538
    @abhip4538 5 лет назад +28

    "If u'll have gun in your head and money in ur line; seekh loge"

  • @nataliogonzalez306
    @nataliogonzalez306 4 года назад +4

    This guy is so crazy! Please come to Baruch New York I swear you will sell out!!

  • @ishankukade
    @ishankukade 5 лет назад +25

    Cheese and Wine deciding my career. Good luck with that kind of career.

  • @khushilunkad5544
    @khushilunkad5544 5 лет назад +11

    @6:39 is the answer to the question we all came looking for. Like this so more people can see :)

  • @kogo121
    @kogo121 5 лет назад +14

    InsideIIM, you guys have been doing a great job. These videos are not just useful for aspiring business school aspirants or students, but any other professional. Great job!

    • @InsideIIMKonversations
      @InsideIIMKonversations  5 лет назад

      Thanks, Komal this made our day :D so glad to hear it. You're definitely going to like our website as well! Check it out here - bit.ly/2Lbww24

  • @raghavaniyenger5068
    @raghavaniyenger5068 4 года назад

    wonderful interaction

  • @kogo121
    @kogo121 5 лет назад +8

    Wow, I really liked the last bit of this video. Resonates so much. Harsh is there a way one can get better at hiring? I have always faced that. Ability to hustle and link with the founders problems? A doer?

  • @GurudattRao88
    @GurudattRao88 4 года назад +1

    Really good one!!

  • @Blaah6
    @Blaah6 5 лет назад +16

    people are so oriented towards how to get a job and fit their personality around it. Instead of human being creating machines.

  • @Nial62
    @Nial62 3 года назад +2

    Can someone please suggest me good books/biographies on ETHICAL decision making in financial management and AUDACITY in taking action on financial matters?!

  • @nidhi8167
    @nidhi8167 4 года назад

    Where are these workshops/ session conducted ? How can one attend them ?

  • @forsanityandreason5356
    @forsanityandreason5356 5 лет назад +128

    His advice on networking is definitely going to convert a lot of the people in the audience into massive douches.

    • @shahrags
      @shahrags 3 года назад +5

      Thats how the world goes around

    • @gauravbansal148
      @gauravbansal148 Год назад +3

      I agree. I believe its genuine connection that goes a long way. People in high positions are smart enough to read through pretense.

  • @detectiveboink6207
    @detectiveboink6207 5 лет назад +27

    7:48 Why does he think that sucking up to your boss is a good advice? '... Guess what it matters to the boss'

    • @govardhanravi7502
      @govardhanravi7502 5 лет назад +19

      Trust me...If you have 2 working hands, 2 working legs, one super brain....you don't need to give a fuck on any one....You are the boss for your life...
      Just keep doing your duty....Destiny knows Destination..just follow the path..

    • @shravankumar5145
      @shravankumar5145 5 лет назад +4

      I strongly disagree with his advice, As Tony Robbins says "..Success Without Fulfillment Is the Ultimate Failure..", you may pretend to match what your Boss likes, but in the end, you will regret!! There is a nice quote from Tony Robbins "Success Without Fulfillment Is the Ultimate Failure"!! There is a very good book on why one should live by their values, "The Values Factor: The Secret to Creating an Inspired and Fulfilling Life" by Dr. John F. Demartini (Author)!!

    • @sauvikroy9868
      @sauvikroy9868 4 года назад +4

      @@shravankumar5145 ye baat sahi hai lekin tab jab tum business kar rahe ho ya independtentlly kuch kar rahe ho...naukri mein bossy behaviour dikhane se lath hi milega ...

    • @shravankumar5145
      @shravankumar5145 4 года назад

      @@sauvikroy9868 it is convenient and profitable for sure in short term, I am not saying be rude to your boss but be independent thinker and do things that aligns with your highest values if you want long term success and fulfillment, read book by Ray Dalio - Principles, you will probably get more context, All the Best!!

    • @shravankumar5145
      @shravankumar5145 4 года назад +1

      I think if you want a average life that advice will work but for an extraordinary life or life well lived you have to understand your deep values and desires and act accordingly.

  • @ashwinmore9537
    @ashwinmore9537 5 лет назад +6

    Amazing video, please bring Operation management professional who did MBA from IIMs

    • @InsideIIMKonversations
      @InsideIIMKonversations  5 лет назад

      Thanks, Ashwin. We'll try to cover most of them. Till then, You can read some stories about MBA in Operations here - bit.ly/2R6vg0z
      And also, check out - How Food-Tech Companies Are Changing Eating Trends - Raghav Joshi (IIM Indore Alum) - Part 3 here - bit.ly/2XJnVur

  • @michaelmantode4985
    @michaelmantode4985 5 лет назад +6

    Amazing video. But I'd like to bring up just a small problem that is with the feedback of your mics. When listening to the Audi through the headphones it's clearly audible and also is a nuisance. Would suggest you guys to take care of the sound problem, the content as always is mind-blowing 😊😊

  • @rrahul-IND
    @rrahul-IND 3 года назад +1

    Sahi hai..,

  • @varunachaudhary349
    @varunachaudhary349 5 лет назад +1

    Can u suggest a good finishing school in India or abroad. I agree that it might give u an extra edge over your peers but there's not enough information available on it. Great job insideiim

  • @Deshammanideep
    @Deshammanideep 5 лет назад +15

    Whatever you say boss..!
    Looks matter a lot in office. If you are average looking.. then you hardly get due importance.

    • @kabirkhorwal235
      @kabirkhorwal235 3 года назад +2

      More than looks it's they way you dress and the way you speak(accent) .

  • @sj-2400
    @sj-2400 4 года назад +1

    Netflix par upstart movie hai iss band k related lagati hai. But I am not sure.

  • @AmritVoyages
    @AmritVoyages Год назад

    Thank you Sir

  • @lakshyaaggarwal8192
    @lakshyaaggarwal8192 11 месяцев назад

    Diligence... It's different to deliver a thing at 2. Pm to 2 am
    Sharpen advance corporate fundamentals

  • @mehulkarathiya3792
    @mehulkarathiya3792 Год назад

    InsightIIM has done ✅ tooo much advance level job. Kudos 👍

  • @shravanburagapu8364
    @shravanburagapu8364 2 года назад +1

    hacking into the medical records is a greater risk when it is dematerialised because the records can be altered as per ones own malicious purpose and intent so that they can show anything they want to anyone. For example; a criminal, who unfortunately knows how to hack can alter the records and bring major diversions in maybe a case he is booked into. any mental related records can be altered. therefore measures should be taken to regulate such digitisation of medical records and high level of security.

  • @sudhanshujoshi2482
    @sudhanshujoshi2482 5 лет назад +2

    Good content

    • @InsideIIMKonversations
      @InsideIIMKonversations  5 лет назад

      Thanks, Sudhanshu. You can check out some more stories about finance here - bit.ly/2LH8KeN

  • @CligiaCherie
    @CligiaCherie 5 лет назад +6

    There are some great finance meme page just do the meme pages

  • @shivamPandey-ku5eu
    @shivamPandey-ku5eu 5 лет назад +1

    How can I be part of pre social in Mumbai?

    • @InsideIIMKonversations
      @InsideIIMKonversations  5 лет назад

      Hi, Shivam. Please register on InsideIIM.com to be notified of all future workshops.

  • @krishnabharadwaj6945
    @krishnabharadwaj6945 5 лет назад +5

    His voice sounds exactly like Mahesh Babu.

  • @sudhanshubhatia9831
    @sudhanshubhatia9831 5 лет назад +6

    How can an IITian guide his way through Investment banking. Is MBA a must given that I have done some online courses on financial modelling ?

    • @InsideIIMKonversations
      @InsideIIMKonversations  5 лет назад

      Hi Sudhanshu, You can ask your queries here - bit.ly/2Iqq9FO
      Experts and b-school students will be able to guide you well! Good luck!

  • @YASHBALEY
    @YASHBALEY 5 лет назад +89

    I have cringed at all times the interviewer opened his mouth.

  • @cookiecutter7642
    @cookiecutter7642 4 года назад +2

    He says "that's a fact" a lot

  • @amans6504
    @amans6504 4 года назад +3

    Frankly saying, no corporate job is worth giving your life to. Nobody cares about them.. things are changed now, either be an influencer and build a community around your skills/profession, or be a perfectionist, don't be a *EMPLOYEE* Seriously not worth it, atleast in 2020, where persuading audience is what matters.
    In short, be like a personality everybody knows about, like some youtuber, gamer, influencer.

  • @triples5399
    @triples5399 2 года назад +2

    Chalo, ye bhi theek he 😂
    But informational video 👏

  • @mdaftab7137
    @mdaftab7137 5 лет назад +1

    sir, I want to know there are n numbers of investing baking certification are available in the market. Are they helpful?
    This is the best video so far on insideiim platform.

    • @anirudhyasorcar5360
      @anirudhyasorcar5360 5 лет назад

      Md Aftab no!

    • @anirudhyasorcar5360
      @anirudhyasorcar5360 5 лет назад +1

      Md Aftab CFA or MBA finance from top business schools or both.

    • @mdaftab7137
      @mdaftab7137 5 лет назад

      @@anirudhyasorcar5360 What about financial modelling? I'm thinking to do it from IMS pro school.

  • @freindimania11
    @freindimania11 5 лет назад +9

    Daru Piyo bhailog thode salike se.. RS-BP ke upar badho.

  • @shravankumar5145
    @shravankumar5145 5 лет назад +5

    Some advice is good but some advice doesn't make sense if you don't care about wine it doesn't matter if your boss is a Sommelier, continuously pretending to be something you’re not is not being true to yourself and will keep you feeling empty!! Live is short to pretend, Know yourself and live a life congruent to your values and purpose!!

    • @anirudhyasorcar5360
      @anirudhyasorcar5360 5 лет назад +6

      shravan kumar to reach the top you need to sacrifice. He isn’t asking you to pretend. He is asking you to have knowledge/ personality outside your line of work; so that, when there is a networking event (party) you have something to share. No one remembers the guy who just talks about his to-do list. Be the guy who others want to call to spend their free time with.

    • @shravankumar5145
      @shravankumar5145 5 лет назад +1

      @@anirudhyasorcar5360 I would not agree to sacrificing your values because your boss likes something, I would rather change boss rather than sacrificing values, but as with values different people have different value system some give value to integrity some give value to rising higher compromising values, but anyways whatever aligns with you. This seems like short term strategy to gain something but in long term it may not give you fulfilled and purposeful life.

    • @user-eu4tq4ow6n
      @user-eu4tq4ow6n Год назад

      @@shravankumar5145 Again, you seem to be stuck on the "wine" part. He just wants to say that you gotta have a life other than work (passions, likings, hobbies, etc.) that you can talk about. It could also be "that heavenly Lassi" that you might have had, or "the enchanting view from your happy place?" idk.

  • @manwithoutname0
    @manwithoutname0 3 года назад +1

    Ye bhi theek hai
    Courtesy: Robin (Mirzapur 2)

  • @abhishek4782
    @abhishek4782 2 года назад +1

    CA ALWAYS NO. 1

  • @AG-so4gl
    @AG-so4gl 5 лет назад

    the problem today is folk are too expectant. guess what. Grads at IB join as Senior Analyst and earn peanuts, add the hours you have to put in, it's close to minimum wage. you will only hit D level if your face fits. so expect to be a VP lifer.

  • @madhureshminoshi4272
    @madhureshminoshi4272 4 года назад +6

    sucking up to boss 101 starts at 7:48

  • @akshaymishra7403
    @akshaymishra7403 5 лет назад +3

    Bring people from Ops too please

    • @InsideIIMKonversations
      @InsideIIMKonversations  5 лет назад +1

      Hi, Heel. We'll try to cover most of them. Till then, You can read some stories about MBA in Operations here - bit.ly/2R6vg0z
      And also, check out - How Food-Tech Companies Are Changing Eating Trends - Raghav Joshi (IIM Indore Alum) - Part 3 here - bit.ly/2XJnVur

  • @insidecosmos.whatspaceiste5517
    @insidecosmos.whatspaceiste5517 5 лет назад +3

    And person coming from Economic honours,how that person should look MBA as a bright future!??

  • @gameboygangsterlive
    @gameboygangsterlive 5 лет назад +6

    Hehe . Boss pleaser.

    • @pankajsheoran9429
      @pankajsheoran9429 5 лет назад +2

      You gotta be if you wanna survive.

    • @amans6504
      @amans6504 4 года назад +1

      @@pankajsheoran9429 and that's what we called "success" LMAOOOO

  • @akashgarg4424
    @akashgarg4424 4 года назад +3

    He looks like he is just out of his college

  • @warrenandcharliesindianstu151
    @warrenandcharliesindianstu151 3 года назад

    @gyKQ

  • @nikhilb3880
    @nikhilb3880 4 года назад +2

    Bosses with 1cr slave vs 10k slave

  • @mohnishsoni3139
    @mohnishsoni3139 2 года назад

    Cam an Engineer be hired for an IB role...in big investment bank

  • @endthefed1448
    @endthefed1448 5 лет назад +1

    Go to 6:16 for the networking part.

  • @abhi3700orig
    @abhi3700orig 5 лет назад +4

    I am a Blockchain developer. So, security in data can be achieved, if database architecture is Blockchain-based.
    And this is the future. Moreover, he should take a look at latest techs. He seems naive being in Start-up.

    • @SH-qj7vg
      @SH-qj7vg 5 лет назад

      Abhijit Roy but the question here is would you take guarantee for your client’s data not being hacked? At present, I do not know if that would a wise action.

    • @abhi3700orig
      @abhi3700orig 5 лет назад

      @@SH-qj7vg Yesss!

    • @SH-qj7vg
      @SH-qj7vg 5 лет назад

      Abhijit Roy I do not think that would solely lie in your hands. There’d have to be facts to be considered. Would be too perilous of a call to make.

    • @abhi3700orig
      @abhi3700orig 5 лет назад +1

      @@SH-qj7vg get a view of Blockchain tech, if you haven't.
      "Decentralization is the Future"....

    • @anirudhyasorcar5360
      @anirudhyasorcar5360 5 лет назад

      Abhijit Roy too many legal hurdles; esp in countries like India and China. Plus with the issues raised around privacy by the US and EU; decentralisation of data will be hard.

  • @bamintaitakung3263
    @bamintaitakung3263 3 года назад +1

    Anchor was a jerk

  • @ianklimisch4139
    @ianklimisch4139 5 лет назад +1

    I have no idea what the fuck hes saying

  • @RajPatil-rj2dv
    @RajPatil-rj2dv 3 года назад

    The anchor is very arrogant... I can't even stand besides that guy...

  • @warrenandcharliesindianstu151
    @warrenandcharliesindianstu151 3 года назад

    @gyKQ