Honest Answer to "Am I TOO LATE for Investment Banking?"

Поделиться
HTML-код
  • Опубликовано: 21 окт 2024

Комментарии • 117

  • @petroleumcrypt707
    @petroleumcrypt707 3 года назад +124

    I'm currently in a non-target uterus. I could only aspire to making it to at least a semi-target preschool.

  • @InvestorCenter
    @InvestorCenter 3 года назад +36

    It’s insane how accelerated the traditional recruiting path for investment banking has become

  • @menzies09er
    @menzies09er 3 года назад +74

    I am 104 years old, I don't have linkedin, I am bed-ridden and have 2 months to live. Am I too late?

    • @TheBryanJun
      @TheBryanJun  3 года назад +43

      making a LinkedIn should higher your chances

    • @teddylockhart3956
      @teddylockhart3956 3 года назад +4

      Do you already have an MBA?

    • @Kartmanrotax
      @Kartmanrotax 3 года назад +2

      Fix the model V28 ASAP
      I am on my way to the meeting

  • @George_Gallop
    @George_Gallop 3 года назад +50

    HAHA, what middle schooler asked if they are too late for investment banking? That had me rolling.

    • @TheBryanJun
      @TheBryanJun  3 года назад +2

      Hahahahhaah you'd be surprised..

  • @mya4947
    @mya4947 3 года назад +35

    I guess I am one of the few that was able to break into IB 2 years after graduating with an engineering degree (no prior experience in banking whatso ever!) No I did not come from an influent background either, in-fact far from it! But through a networking event I was able to connect with some MD and Global Head who took a chance on me! Moral of the story - ALWAYS KEEP SELLING YOURSELF, TAKE RISKS #NETWORK!
    Good Video content ! one of your older vids helped me in an interview ;)

    • @TheBryanJun
      @TheBryanJun  3 года назад +3

      Anything is definitely possible!!! thanks so much for watching

    • @ankitasaxena5891
      @ankitasaxena5891 3 года назад

      Woah seriously dude

    • @human-ft3wk
      @human-ft3wk Год назад

      Damn, what kind of networking event did you go to? How did you find out about it?

    • @MondliStyleman-ek4es
      @MondliStyleman-ek4es 11 месяцев назад +1

      i am in South Africa, I am from metallurgical engineering 10yrs, 32yrs old. and i recently got an interview for internship for IB JP morgan. I am even working at getting done on the virtual internship. Bryan is pretty discouraging for some of us cause if i watched this video before I would not had applied. anyway I will keep you guys informed.

    • @guyguy1811
      @guyguy1811 8 месяцев назад +1

      Yeah, it would be great to hear what kind of networking this was.

  • @Sentry719
    @Sentry719 3 года назад +22

    This only applies to BB banks. I've seen people with little to no finance background land roles at boutiques and MM banks, which they can lateral to a BB if they want later on.

    • @TheBryanJun
      @TheBryanJun  3 года назад +6

      Great insight!

    • @zacho2496
      @zacho2496 3 года назад

      Yep very true

    • @footlongchen
      @footlongchen 3 года назад

      How easy is it to lateral to a BB later on?

    • @HtheKing
      @HtheKing 3 года назад

      what are the most typical boutique and MM banks that are hiring?

    • @HtheKing
      @HtheKing 3 года назад +1

      @@footlongchen Hey dude you might be in the same position as me, what year are you in college?

  • @kuno6725
    @kuno6725 3 года назад +38

    I’m in a not-target kindergarten, am I too late?

    • @TheBryanJun
      @TheBryanJun  3 года назад +22

      I'd try my best to transfer to a target kindergarten program or some early insights programs before you turn first grade

  • @alexisgomezsalinas3560
    @alexisgomezsalinas3560 Год назад +2

    I suppose this is the case in America. Where I’m from internships are during the semester; 5-6 hour work days and studying at the same time. You must study in the same city as the office location. Internship programs in BB last about 2 years and they just renew the contract to a full time offer once you graduate. On the other hand elite boutique banks like rothschlid look for interns to work during their last semester.

  • @bijandrew
    @bijandrew 3 года назад +10

    I got into banking from songwriting at the age of 29. No prior experience or connections. Think I can be helpful if you’ve got questions.

    • @TheBryanJun
      @TheBryanJun  3 года назад +2

      sounds like a great story!!

    • @ankitasaxena5891
      @ankitasaxena5891 3 года назад +1

      You've got my attention

    • @Maximious
      @Maximious 3 года назад

      Is this real?

    • @user-un1zm4un9w
      @user-un1zm4un9w 2 года назад

      Hey is a 30 year old MBA grad too old for an IB associate?

    • @glowmen1
      @glowmen1 2 года назад

      Hi Bijanraps, would you be able to share how you were able to get into investment banking and what process and tips to reach to your goal at the inspirational age of 29? Thank you for sharing!

  • @graysonprickett6348
    @graysonprickett6348 3 года назад +8

    This kind of bummed me out. I’m a senior with an accounting degree, 4.0 major GPA, took a financial modeling course and worked a full time commercial real estate job while getting my degree. I didn’t have the luxury to get a summer analyst position without losing my current job. Do I have a chance? Investment banking is my passion and I truly love finance. Would they allow me to enter a summer analyst internship after I graduate?

    • @TheBryanJun
      @TheBryanJun  3 года назад +3

      I think trying to tackle smaller shops this year through networking may be your best bet

    • @graysonprickett6348
      @graysonprickett6348 3 года назад

      @@TheBryanJun Full-time positions or internships? Thanks for the response.

    • @HtheKing
      @HtheKing 3 года назад

      @@graysonprickett6348 Hey man you got any updates, hows the search going?

    • @graysonprickett6348
      @graysonprickett6348 3 года назад +2

      @@HtheKing No updates yet. I checked on the application status of a few internships but I am still in the application received stage. They haven't reviewed it yet. Another longer route I've figured out is just going into accounting at a large firm and getting your CPA, then moving into a hedge fund. There are many routes to get where you want to go. I will keep you updated on the status of my applications. I've put in maybe 30 applications at this point to various investment banks and a few hedge funds. I did get moved to the next stage at Susquehanna, so there's hope!

    • @-Shaquille_Oatmeal-
      @-Shaquille_Oatmeal- 2 года назад

      @@graysonprickett6348 any updates now? Would love to hear about it

  • @OskieOmega
    @OskieOmega Год назад +1

    I have a associates degree , I have been in IT for 10 years plus I worked in telecom , I’m a network engineer , I Analyze data and work to resolve problems. I know excel Traits to learn technical analysis etc

  • @zagreus4438
    @zagreus4438 3 года назад +4

    Fuck I didn't do an internship what do i do with a finance degree now?

  • @TheIr1shTank
    @TheIr1shTank 3 года назад +18

    fuck it im 24 and I'm interviewing, you're good

    • @compilationgems2237
      @compilationgems2237 3 года назад

      Where?

    • @TheIr1shTank
      @TheIr1shTank 3 года назад +5

      @@compilationgems2237 interviewed with a middle market last week and have 2 more interviews lined up for this coming week.

    • @accountsequity5587
      @accountsequity5587 3 года назад +2

      @@TheIr1shTank good luck man!

    • @TheBryanJun
      @TheBryanJun  3 года назад +3

      BEST OF LUCK

    • @TheIr1shTank
      @TheIr1shTank 3 года назад +15

      Just thought I would update here. Got an offer for a bank in an M&A group. If I can do it (non target, no finance internships and transitioning from public accounting) then you should give it a shot.

  • @upstateNYfinest
    @upstateNYfinest 2 года назад +1

    So, i think this is mostly true. I did not intern in an investment bank and got an offer at citi for their valuatiom control group. However, i was top of my class in econ, and i did relevant academic clubs

  • @mikejones1572
    @mikejones1572 6 месяцев назад +1

    32 years old, CFA, Masters in Finance, senior level analyst in a corporate finance role but in the energy industry. Fortune 500 company. Is a transition to Investment Banking possible?

  • @JohnSmith-si8nz
    @JohnSmith-si8nz 3 года назад +6

    if you are 27 you are not too late for an IB analyst position, at least not in Europe

    • @TheBryanJun
      @TheBryanJun  3 года назад

      yeah international is definitely different!

    • @ankitasaxena5891
      @ankitasaxena5891 3 года назад

      Really? Wow

    • @edyraper
      @edyraper 3 года назад

      Hey I’m in Europe
      And it is too late

  • @MondliStyleman-ek4es
    @MondliStyleman-ek4es 11 месяцев назад +1

    i am in South Africa, I am from metallurgical engineering 10yrs, 32yrs old. and i recently got an interview for internship for IB JP morgan. I am even working at getting done on the virtual internship. Bryan is pretty discouraging for some of us cause if i watched this video before I would not had applied. anyway I will keep you guys informed.

    • @TheBryanJun
      @TheBryanJun  11 месяцев назад

      hell yeah hope you make it

    • @tejas.shah001
      @tejas.shah001 11 месяцев назад

      Hey can you tell a little about how did you land the internship, what did you do and what should other 25 to 30 yrs old do..?
      Thank you in advance, pls do reply

  • @SaveThatMoney411
    @SaveThatMoney411 Год назад +2

    Can someone in their 40s get an analyst position in investment banking?

  • @petecompiano9408
    @petecompiano9408 3 года назад

    Please do a video over the technical skills needed or most often asked technicals please

  • @jdjd605
    @jdjd605 3 года назад +4

    so i’m not from the states but where i’m from ive gone to a school that has one of the best accounting schools in the nation.
    i also finish my degree in the junior year but due to the covid implications i have yet to done any IB specific internships but have experience doing taxation and accounting internships. I also plan on taking the exams to become a CFA, as their hours are not as straining as IB. With all that in mind, can those things still be beneficial to an IB firm in the states if I wish to go into IB at one of the bigger firms? Thanks

    • @TheBryanJun
      @TheBryanJun  3 года назад

      I'm not the biggest expert on international to US opportunities - I'd say your priorities are making sure the banks you have in mind sponsor international students. On your point about CFA's, I believe they're more on the credentials side than an actual role (not something comparable to IB) unless the country you're at is different than the US system!

    • @jdjd605
      @jdjd605 3 года назад

      @@TheBryanJun Would you say the CFA credentials are something good to have in helping achieve a role in IB? And do you think CFA is still good for achieving roles elsewhere in finance, not specifically for IB but in general. Money wise and hours

  • @ziyadahmed82
    @ziyadahmed82 3 года назад +5

    I'm 60 years old am I too late ?

  • @kelvinkuzy
    @kelvinkuzy 3 года назад +7

    Too late;
    Graduate
    GPA - less than 3.5
    None Target school.
    Above 25 you can't land an IB analyst role but can become an Associate.
    No IB experience in school (No internship)
    No MBA
    No IB needed skills
    BUT SOME COMPANIES MIGHT STILL HIRE YOU.

    • @thumpertorque_
      @thumpertorque_ 2 года назад

      Why is it that they have an age limit for analyst? Isn't becoming an associate harder?

    • @kelvinkuzy
      @kelvinkuzy 2 года назад

      @@thumpertorque_ they don't have an age limit, it's just harder to become an analyst at that age and many investment banks will see it as a con, due to the hours and I'm guessing they want younglings without any responsibility and being older might affect that. But you can always go back to school for 2 years to become an associate. Being an associate requires I think about 2-3 years of IB analyst experience or an MBA (I guess that's harder)

    • @thumpertorque_
      @thumpertorque_ 2 года назад

      @@kelvinkuzy When you say going back to school do you mean going for a bachelor's degree hoping to get an intern in your freshman year?

    • @thumpertorque_
      @thumpertorque_ 2 года назад

      @@kelvinkuzy I think I misinterpreted what you meant. You meant going to school for an MBA? I currently am in the tech field. I don't have a BA so I don't know if I can go straight for an MBA without a BA. I'm hoping for either an analyst or an associate whatever is easier.

    • @kelvinkuzy
      @kelvinkuzy 2 года назад

      @@thumpertorque_ You have to at least have a degree (In a math-related field like finance, stats, computer science, and so on), if you don't have one you need to go back to school and study one of the courses I mentioned above. If you have a degree and it's not in these fields, apply for a master's degree (MBA).

  • @sebastianmeza5601
    @sebastianmeza5601 3 года назад +2

    Have you seen anyone intern in one division going into senior year and then pivot into IB within the same bank after graduation?

    • @TheBryanJun
      @TheBryanJun  3 года назад

      Not personally but I'm sure it's possible

  • @iznsheikh4699
    @iznsheikh4699 3 года назад +2

    Can you do the reset with an MSF program vs an MBA?
    That is where I’m at rn.just started my MSF program at FSU this summer and am starting to reach out to investment bankers on LinkedIn and through alumni

    • @TheBryanJun
      @TheBryanJun  3 года назад +1

      Not as much as an MBA I believe

    • @62hoboguy
      @62hoboguy 3 года назад

      This is what I’m considering at ASU and their MSF program. Good luck! Have you found any traction yet with those strategies?

    • @62hoboguy
      @62hoboguy 3 года назад

      And what do you think of the program so far?

    • @iznsheikh4699
      @iznsheikh4699 3 года назад +1

      @@62hoboguy i just went thru the summer semester and went through my financial modeling and econometrics courses which was really high quality education and relevant group projects. I just interviewed today with a private equity firm, based off of the Managing Director’s sister being an FSU alum which was nice :)
      So overall I’m loving the program.

    • @iznsheikh4699
      @iznsheikh4699 3 года назад +1

      @@62hoboguy yes i had my first interview with a private equity firm from networking with an alum in Boston. To be fair the managing director of the bank has a special connection to FSU.

  • @hitlerhatessen
    @hitlerhatessen 3 года назад +2

    Hi Bryan,
    I started my own startup in the furniture field, and leaving my startup soon. I have a bachelors in Finance and am thinking about doing an MSc in Finance so that i can enter investment banking.
    Is this possible? I am 24 and starting my MSc in September.

    • @TheBryanJun
      @TheBryanJun  3 года назад +2

      I think you have an interesting story and the msc in finance should help perhaps at the smaller banks level but idk anyone personally that's done what you're describing

    • @hitlerhatessen
      @hitlerhatessen 3 года назад

      Was hoping for the big banks but, hopefully all goes well. Maybe i can start at a smaller bank and make my way towards one of the bigger banks.
      Thank you for the reply, Love your content, Keep it up.

  • @JoshuaKasweka
    @JoshuaKasweka 3 года назад +2

    Quick question, not everyone in the world can get into the Best business schools in the world. if i do an MBA from a decent school can i still get into investment banking?

    • @TheBryanJun
      @TheBryanJun  3 года назад

      I think it's really case by case but obviously getting into a top school (think M7) is your best shot at recruiting for a IB mba associate position - there's "lesser" schools that are still decent that definitely place students into IB but it'll lower your chances as well as the number of banks that recruit out of there

  • @khalilfuller4939
    @khalilfuller4939 11 месяцев назад +1

    Im just starting college at 25, am i too late?

    • @TheBryanJun
      @TheBryanJun  11 месяцев назад +1

      everyone has their own time

  • @teddylockhart3956
    @teddylockhart3956 3 года назад +4

    Bryan I feel like you hate banking with a passion 😂 always saying why would you wanna do banking

    • @TheBryanJun
      @TheBryanJun  3 года назад +6

      I actually still strongly believe it's one of the best starts to a career and would do it again if I could! I just don't think people should obsess over it/think it's the only path in life!

  • @SohaibAshraf
    @SohaibAshraf 3 года назад +2

    I'm 23 - am I too late ?!

  • @IcyWithItBTD
    @IcyWithItBTD 3 года назад

    Did you recruit for PE?

  • @SnapBackCollector211
    @SnapBackCollector211 3 года назад +1

    What is the minimum degree you need for this field ?

  • @Levkin
    @Levkin 3 года назад +2

    Am I too late for this video?

  • @pranittambe7709
    @pranittambe7709 3 года назад +1

    I’m a 4th year computer engineering student and planning for a Masters in Finance (1.5yrs degree) so am i late to become an IB analyst at 25?

    • @TheBryanJun
      @TheBryanJun  3 года назад +6

      Most likely yes but if you're a computer engineering student with a MsF you could get a better job than an IB analyst

    • @pranittambe7709
      @pranittambe7709 3 года назад

      @@TheBryanJun Yeah like hedge funds? but the truth is that I’m not fond of coding or I can’t do it much for a long time. so is there any other alternative v

    • @danielemorandi2814
      @danielemorandi2814 3 года назад

      @@pranittambe7709 Data Science , Business Analytics , Quant roles.

    • @keiarash5058
      @keiarash5058 3 года назад +1

      @@pranittambe7709 Quant researcher or trader. You will still need to code, but much less than a developer

  • @romaincharbonnier6418
    @romaincharbonnier6418 3 года назад +5

    i'm 20, i am too late ?
    jk, good video as usual

    • @TheBryanJun
      @TheBryanJun  3 года назад +3

      you are very early to this video!

  • @cutiepiesam5682
    @cutiepiesam5682 3 года назад +1

    I'm 30...is that late?

    • @TheBryanJun
      @TheBryanJun  3 года назад +6

      30 is the new 20

    • @cutiepiesam5682
      @cutiepiesam5682 3 года назад

      @@TheBryanJun you gonna work for investment Bank again?

  • @solomon622
    @solomon622 3 года назад +3

    im 19 am i too late

    • @TheBryanJun
      @TheBryanJun  3 года назад +7

      I got my driver's license at 18

    • @solomon622
      @solomon622 3 года назад

      @@TheBryanJun Lol i actually dont have one

    • @jiggs8073
      @jiggs8073 2 года назад +1

      Not but you are probably not fit for it having asked this question

    • @user-en7mm9hz1u
      @user-en7mm9hz1u Год назад

      Anyway 2 years that you posted that coment, any progress ???

  • @rmadcr7
    @rmadcr7 10 месяцев назад +1

    This is so cringe “I’m I late”