That Chinese wall mistake is egregious. Some agency with zero experience in IB made this, and HR approved it without getting feedback from anyone in IB.
Hey Angela, thanks for making the video. I worked at UBS at HongKong and Singapore officer for 8 years and resigned last year to regain my life. Loved your video and how true.. yoga during a investment bankers day schedule is a big joke.
My sister used to work in investment banking (incl. a few years at UBS), she worked probably at least 2-3 times more than I did. I worked in a multinational company. Apart from the long working hours each day, including weekends, she had virtually no holiday.
I was on a UBS spring programme and IB seemed really appealing. Thinking of Asset or Wealth Management now. What do you think if I wanted to find a good work life balance?
Reminds me of the way army recruiters and ads would frame serving in the military when I did JROTC in HS vs. what some friends who actually enlisted told me happened.
Hey. I am an Analyst working with IB Bankers here. Yeah I absolutely agree that handful work past 9pm. Some could even email you documents and instructions when midnight strikes just so you handle the requests first thing in the morning we come online. It's definitely not a breeze...
I work as a video producer in that space, and I have to say that even if the information was accurate, it still wouldn't have been an effective video in my mind. I much prefer interviewing the actual people and having their actual excitement and passion come out. I feel that it's much more effective than some script with an actor. I've made a lot of videos with just people filming themselves at home on their iPhones talking about what they love about their jobs.
I am from UBS and the work life balance here is out of the world. I am literally chilling here. Coming from Big4 background it's such a privilege to have :D
The lady in the video works in UBS securities which works on market hours. So 7 am to 7 pm is the norm. She is not an investment banker (M&A traditionally).
Hi Angela, I really appreciate your contents. Could you please give us a tour of your at home work set up? I'm an upcoming analyst and I'm a bit lost on what to get. Thank you.
I'd rather mow the lawn for a living than work in investment banking. Btw this comment is not against you in any ways. I just find freedom, fresh air, and no bosses around give me more inner peace than the corporate world. Good luck and health with all your future projects :)
Hi Angela, great video you mentioned in your comments below about excel short cuts, is there a video you can do or a link you could link here of all the good excel short cuts ?
I'm nowhere near being in the finance industry and this UBS is so cringy, I question whether UBS is trying extremely hard to hire more interns/junior analyst
can comp-hours really match with top tech companies. in tech hours are limited, pay is quite high, people at principal/director level must be getting way more than IB VP/Director now a days.
Hey Angela! Entertaining and informative video as always :) Quick question: what laptop would you recommend for a finance student looking to get into IB?
No idea why RUclips recommended this video for me since im from compliance and did research on other topics but what the hell was UBS thinking? I know enough IB to know thats complete BS ;) Nice video anyway had to watch it till the end to get more laughs out of it!
0:52 looks more like a crazy joker smile to me. after 16 hours of excel spreadsheeting, id have crazy thoughts, too. the video character likely just carries yoga mat with her but doesnt even do yoga, she is just so out of it. LMAO
Hi Angela, this content is superb! Would you recommend some notebooks for finance professional? I am not sure which one would suit the best in terms of financial Modeling. Thank you!!!
Hands on practice is best! Financial Edge has a course with financial modeling if helpful :) There's a link in my description box along with a code for 25% off if you want to check it out!
Generally the keyboard shortcuts don't work on Mac / they work differently. Using the keyboard saves A LOT of time instead of the mouse, and most training is done in a non-Mac context so you'd be spending a lot more time learning how to use the keyboard and as a result may use the mouse a lot more. Congrats on getting into JP!
@@rhyssharp9673 oh I see I have a Mac now and I noticed excel would give me wrong computations sometimes and I would have to do the work by hand . I may consider switching to a HP for work
Isn't there sales & trading division (S&T) for investment bankers? I heard some work on M&A and deals but then some strictly profit off omissions from giving clients buy and sell orders.
Yep latter is S&T which is a division within the investment bank, and former (M&A deals) are investment bankers who work in the investment banking division
Hey Angela. I am going to attend college next year and wanted to know your thoughts on UNC, UVA, UMich(non-Ross), and WashU. Which would you recommend for an IB job in NYC? I just want to know from your experience, which has the most presence and which has the least? Great video BTW!
How good was your financial modelling skills prior to you getting into Investment Banking? How would you recommend to prioritize your time given that learning financial modelling can be very time consuming. Would it be better to focus on theory and interview questions, etc?
It's a better idea to focus on interview questions since they usually don't test financial modeling skills prior to joining, especially for analyst roles
Love the video! You are too bright and have too good a heart for IB...You know the book Liar's Poker? ;) Btw, I could do the same about PB after having worked there for over a decade. That would be hilarious, too
I think one thing is unclear here. This girl in the video works not in M&A, but for Global Markets IB e.g. a trading or sales role. Which is definitely not as intense as an M&A role in the IB. But I agree, the video exaggerated in terms of trying to give the impression it’s an easy job by showing things like yoga sessions and other similar stuff...
Is she an actual employee, or could she be an actor? The reason I say this is I was on a video for a former employer once, and we asked a woman from the camera crew to join in... So that I would not be the only woman on video. As a disclaimer, it was not a bank, and only for our intranet
I guess this is just unrealistic marketing,.. here in Zurich people just laugh about UBS / CS. Mostly expats work at UBS / CS and waste their lifetime there. Most young graduate students here prefer other jobs nowadays, and then sit outside in the green at 5.30/6 pm instead of being in the office... Its even a running joke when you drive through the city and you see all those bankers in their buildings made out of glass like 7-8 pm. My office building is more or less surounded by UBS offices & I feel sorry for those working there at 8pm (during non corona times) when I already go home from gym. However the video is a complete joke in terms of working hours. At least in non-COVID times most banking buildings (doesnt matter CS or UBS) are completly lid up at 7pm with many people at their desk.
False advertising right there! Luring people into the exciting world of investment banking. Needless to say I know plenty of people who suffer from anxiety from this job... love your videos!!!
If I could make $60 an hour as an investment banker I would suck it up and do it. Invest huge amounts into leveraged etfs and suck up the pain for a few years
@@angelasunx3 Yup! But that's the only way I can see that they would sit on the trade floor. Might be a Canada thing though! Btw, I'm just trying to make logic of the illogical. That commercial was bs 😂
@@angelasunx3 It feels like the commercial was done by a 3rd party who interviewed an S&T person who kept claiming they were an investment banker (we all know a few of those... Lol)
Tue what you say about i-banking. A love and hate relationship. But definitely not such a walk in the park as demonstrated in the advertisement video of UBS.
When a company is looking to hire a bank they'll sometimes have what's called a "bake off" in which different banks present and they pick who they want as their advisor
Hi, Angela, thx for the review on this promotional video. It’s hilarious how false this advertising is 🤣 especially that midday yoga meditation part. I do have a side question, since I’m pursuing er career, I’m wondering do IB analysts work closely with er department in UBS or just very occasionally?
Hi Angela, love your videos congratulations and thank you ! I am at a crossroads in my career and could really use some guidance, do you think it would be possible for us to have a chat sometime ? I'm sure someone with your experience and vision could help me out a lot ! Do you do 1 on 1 ? coaching etc... ? I would compensate your for your time of course. Look forward to hearing from you ! Cheers , Vincent
The complete disregard for the Chinese Wall just has me in tears, even aside the "bUlL oR bEaR" 😭😭 *yeah just gonna break several regulations and company policies at 2pm, completely ignoring that model I should be doing* ???????
Would it be helpful to join UBS for a promising career in operations role? I have 7 years of work experience. Could you please tell me what Designation/Title will I be given based on my experience?
That sounds promising! I don't know how the hierarchal structure works in operations so it would depend, but sounds like you have mid-level range of experience
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
This portrays investment banking as accurately as Suits portrays corporate law 😂
😂😂
Well at least in the early seasons in Suits there were a few episodes where mike had to stay up all night working and slept in the office.
Ah we meet again. You are more frequent than Gary from Red/Blue lol
Absolutely!
Some says the yoga mat was just for sleeping at the office
Likely scenario
That Chinese wall mistake is egregious. Some agency with zero experience in IB made this, and HR approved it without getting feedback from anyone in IB.
Thought it was pretty insane too
I hope someone from the SEC saw this and made a fuss about it :D That would have been hilarious.
@@naisi Got taken down shortly after so probably for a reason 😅
Hey Angela, thanks for making the video. I worked at UBS at HongKong and Singapore officer for 8 years and resigned last year to regain my life. Loved your video and how true.. yoga during a investment bankers day schedule is a big joke.
Congrats on your resignation!
Do you know Andy in hongkong UBS office bro
I'm from UBS and I really enjoyed this video! I can't comment more than that!
Awesome! :) Glad you enjoyed it
My sister used to work in investment banking (incl. a few years at UBS), she worked probably at least 2-3 times more than I did. I worked in a multinational company. Apart from the long working hours each day, including weekends, she had virtually no holiday.
That sounds terrible, hope she has a better WLB now!
@@angelasunx3 She'd worked in the investment banking sector for 15 years. "Retired" 4-5 years ago.
@@angelasunx3 the fact there’s an acronym for “work life balance” tells you how bad it is in today’s world, in almost every industry 😂😂
@@angelasunx3also nice vid thanks :-)
And it’s not over yet - the most accurate part of this video 😂🤣🤣🤣
Honestly!
The real video title: "Day in the life of an investment banking staffer"
It's honestly an even chiller lifestyle than an MD would have
That’s right, they are not even “bankers”, just “staff working in a bank”
I was wondering if she would catch the MacBook! Nailed it hahaha!
Haha couldn't miss it
Good advice. Realities vs commercials.
Exactly
Look. The morale of this promo video was very simple: while some folks gets to do virtual drinks on yoga mats, others work till midnight.
Unfortunately the latter for ib analysts
I was on a UBS spring programme and IB seemed really appealing. Thinking of Asset or Wealth Management now. What do you think if I wanted to find a good work life balance?
I think both are good options! Asset management's a great career and UBS is known for wealth management
Thanks for sharing. That was truly insightful
Thanks Olivier!
And milk advertisments show cows chewing fresh grass happily on beautiful mountain fields.
True that
Lol 🤣😂
Reminds me of the way army recruiters and ads would frame serving in the military when I did JROTC in HS vs. what some friends who actually enlisted told me happened.
The disparity is real
Hey. I am an Analyst working with IB Bankers here. Yeah I absolutely agree that handful work past 9pm. Some could even email you documents and instructions when midnight strikes just so you handle the requests first thing in the morning we come online. It's definitely not a breeze...
Agree
I work as a video producer in that space, and I have to say that even if the information was accurate, it still wouldn't have been an effective video in my mind. I much prefer interviewing the actual people and having their actual excitement and passion come out. I feel that it's much more effective than some script with an actor. I've made a lot of videos with just people filming themselves at home on their iPhones talking about what they love about their jobs.
That does sound like a more effective way, thanks for your insight!
Thanks for the content sir🙏
Thanks for watching!
Thank god I got rejected from all those investment banking applications 😂
For the best
@4:37 that's the look when rolling your eyes doesn't even cut it
Haha
I am from UBS and the work life balance here is out of the world. I am literally chilling here. Coming from Big4 background it's such a privilege to have :D
That's amazing! Which group?
Hi Atul. I need some help can you plzzz
@@angelasunx3 hi
"nobody leaves the office at 730pm except fridays and Christmas eve"
"except Christmas eve"
LMAO.
True tho
Maybe the yoga mat was for self defence
Haha that or to sleep on
The lady in the video works in UBS securities which works on market hours. So 7 am to 7 pm is the norm. She is not an investment banker (M&A traditionally).
She shouldn't be working on a mish mash of bakeoff decks + strolling around the S&T floor
@@angelasunx3 what is meant by "bake off", exactly? I doubt it has anything to do with actual baking
@@williamho2940 bake off is when multiple firms compete for the same deal
@@venger7357 is it the 10-minute sales pitch slot with a potential client
Why are UBS CD's sold through Charles Schwab are not getting there Interest Payments when they are due?
No idea
Yeah I’m sure there is ZERO communication between IB and the trading floor! 😂😂😂
Definitely can't be strolling around it!
Hi Angela, I really appreciate your contents. Could you please give us a tour of your at home work set up? I'm an upcoming analyst and I'm a bit lost on what to get. Thank you.
Including it in an upcoming video!
I was about to ask the exact same question! I am also an upcoming analyst and was wondering about your home setup. Thanks!
For a moment I thought she's a vp/manager of a fashion brand.
Might as well be
I'd rather mow the lawn for a living than work in investment banking. Btw this comment is not against you in any ways. I just find freedom, fresh air, and no bosses around give me more inner peace than the corporate world. Good luck and health with all your future projects :)
Thanks so much! :)
At 4:45, some pros can’t even use the Pro product by Apple.
🙌🏻
Are you allowed to sleep in the office? (like overnight, instead of going home)
Yes, people have done that (more so because they had to work all night and took a nap)
Hi Angela, great video you mentioned in your comments below about excel short cuts, is there a video you can do or a link you could link here of all the good excel short cuts ?
I'll plan to do one in the future so please keep on the look out for it!
I'm nowhere near being in the finance industry and this UBS is so cringy, I question whether UBS is trying extremely hard to hire more interns/junior analyst
Confused how this video was signed off on
@@angelasunx3 my guess is that the PR manager phoned it in during a peloton class
Great video 👍
Thanks Nikhil!
4.06
Saw talks about it on Twitter and immediately wanted to know your opinion lol
Haha haven't seen the twitter chats! Have seen a ton on instagram though
Oooo Angela coming through with the reaction! We love to see it!
Thanks Ayesha! ❤️ Love doing these reaction vids tbh haha
@@angelasunx3 Omg just realised, you've put the bank you used to work now! I was convinced you worked at JPM for some reason haha!
3:44 Love that !!! "No such thing exists" !!! LMAO !!!!!
Hahaha true though!
It actually exists, but I‘ve never used it myself
I never own a Mac before, Why is excel not usable on Mac?
Some excel features don't work on Mac / shortcuts different
can comp-hours really match with top tech companies. in tech hours are limited, pay is quite high, people at principal/director level must be getting way more than IB VP/Director now a days.
Likely not on a junior level in terms of hours, but pay does rise quite a lot and hours decrease as you rise up in IB
Hey Angela! Entertaining and informative video as always :) Quick question: what laptop would you recommend for a finance student looking to get into IB?
If you're planning to use it for work as well, Lenovo Thinkpad's a good option
Angela真棒👍！
Thanks!
No idea why RUclips recommended this video for me since im from compliance and did research on other topics but what the hell was UBS thinking? I know enough IB to know thats complete BS ;) Nice video anyway had to watch it till the end to get more laughs out of it!
Haha thanks so much!
0:52 looks more like a crazy joker smile to me. after 16 hours of excel spreadsheeting, id have crazy thoughts, too. the video character likely just carries yoga mat with her but doesnt even do yoga, she is just so out of it. LMAO
Haha it's for her to sleep on (jk)
I knew it was off the minute I saw 'trading floor'
Exactly
Hi Angela, this content is superb! Would you recommend some notebooks for finance professional? I am not sure which one would suit the best in terms of financial Modeling. Thank you!!!
Hands on practice is best! Financial Edge has a course with financial modeling if helpful :) There's a link in my description box along with a code for 25% off if you want to check it out!
I’m going to be working at JP this summer and you mentioned no one uses Mac for excel and why is that ?
Generally the keyboard shortcuts don't work on Mac / they work differently. Using the keyboard saves A LOT of time instead of the mouse, and most training is done in a non-Mac context so you'd be spending a lot more time learning how to use the keyboard and as a result may use the mouse a lot more.
Congrats on getting into JP!
Congrats Adja! And Rhys beat me to it - would agree on all those points
@@rhyssharp9673 oh I see I have a Mac now and I noticed excel would give me wrong computations sometimes and I would have to do the work by hand . I may consider switching to a HP for work
Make a video by which country did you have graduated and get into an investment. ...
NYC!
Thanks maam for your reply love from india😊😊😊👍
Next Video: REAL former UBS reacts to youtuber reacting to another youtuber pretending to be a banker
Hahaha
Isn't there sales & trading division (S&T) for investment bankers? I heard some work on M&A and deals but then some strictly profit off omissions from giving clients buy and sell orders.
Yep latter is S&T which is a division within the investment bank, and former (M&A deals) are investment bankers who work in the investment banking division
They want investment banking to appear exciting and diverse activities
exactly
Hello Can i ask few question plzzz. Just help. I am really in need of help
Ask away
Hey Angela. I am going to attend college next year and wanted to know your thoughts on UNC, UVA, UMich(non-Ross), and WashU. Which would you recommend for an IB job in NYC? I just want to know from your experience, which has the most presence and which has the least? Great video BTW!
UMich has a good presence if Ross - otherwise UNC / UVA both have similar presences from what I've seen
@@angelasunx3 Thanks for replying. So does WashU(Olin) have any presence in new york?
How good was your financial modelling skills prior to you getting into Investment Banking? How would you recommend to prioritize your time given that learning financial modelling can be very time consuming.
Would it be better to focus on theory and interview questions, etc?
It's a better idea to focus on interview questions since they usually don't test financial modeling skills prior to joining, especially for analyst roles
@@angelasunx3 Thanks for your insight! Super generous of you to share all this knowledge :)
hello angela i need your help with UBS INVESTMENT BUT THEY ARE NOT PICKING UP MY CALLS NEITHER CAN I ENTER THE BUILDING WITHOUT CLEARANCE
Nice monitors. I have the same 24 inches variant
Very nice! They're great
Love the video! You are too bright and have too good a heart for IB...You know the book Liar's Poker? ;) Btw, I could do the same about PB after having worked there for over a decade. That would be hilarious, too
I have not read Liar's Poker, and thank you Terence!
I think one thing is unclear here. This girl in the video works not in M&A, but for Global Markets IB e.g. a trading or sales role. Which is definitely not as intense as an M&A role in the IB. But I agree, the video exaggerated in terms of trying to give the impression it’s an easy job by showing things like yoga sessions and other similar stuff...
I've done work for UBS. Most toxic work environment I've ever experienced.
Argh ):
Is she an actual employee, or could she be an actor? The reason I say this is I was on a video for a former employer once, and we asked a woman from the camera crew to join in... So that I would not be the only woman on video. As a disclaimer, it was not a bank, and only for our intranet
Honestly unsure which!
It's all Gucci until the SEC enters the room and goes violation, you all lose your securities licenses
True that
Came as soon as I got the notification.
Love to hear it
I wonder IBs always smile after 16 hours of work
Nope
The idealised gender balance in the video is accurate. IBs have been running quota based hiring policies for years.
Got to hit the diversity quotas
I guess this is just unrealistic marketing,.. here in Zurich people just laugh about UBS / CS. Mostly expats work at UBS / CS and waste their lifetime there. Most young graduate students here prefer other jobs nowadays, and then sit outside in the green at 5.30/6 pm instead of being in the office... Its even a running joke when you drive through the city and you see all those bankers in their buildings made out of glass like 7-8 pm. My office building is more or less surounded by UBS offices & I feel sorry for those working there at 8pm (during non corona times) when I already go home from gym. However the video is a complete joke in terms of working hours. At least in non-COVID times most banking buildings (doesnt matter CS or UBS) are completly lid up at 7pm with many people at their desk.
Yes was always a full office at 7pm!
been waiting for this video
Thanks for being patient!
False advertising right there! Luring people into the exciting world of investment banking. Needless to say I know plenty of people who suffer from anxiety from this job... love your videos!!!
Thanks so much! Yep definitely false advertising
Hey angela, who makes more: an investment banker or a trader?
It would depend on the specific person, since there are special cases, but just at a junior level, investment bankers generally make more
@@angelasunx3 thx
IT consultant vs. Investment Banker ?
Both are good, just different
@@angelasunx3 however , i can not do both
Clearly marketing doesnt know what their own company structure looks like either lol
Pretty much
If I could make $60 an hour as an investment banker I would suck it up and do it. Invest huge amounts into leveraged etfs and suck up the pain for a few years
You don't make $60 an hour in investment banking until you've worked there for a number of years
Interested in the difference between investment banker analysts and normal investors
Will consider that for a future video, thanks Joseph
Good for you girl. You left the dark side!
🫶
Anyway I still want to join ubs but in back office...
Go for it
Qq-do you upload once or twice a week?
Anywhere from 1-2 times! Usually once on Saturday, and occasionally Wed too
Insider trading...Chinese walls...hmmm ":)
Big yikes
@@angelasunx3 Happens far more often under carpet
I really enjoy your videos! Great insights into the IB industry while being entertaining at the same time
I'm glad, thanks Karen!
What if she was in ECM or DCM?
Chinese wall still applies
@@angelasunx3 Yup! But that's the only way I can see that they would sit on the trade floor. Might be a Canada thing though!
Btw, I'm just trying to make logic of the illogical. That commercial was bs 😂
@@willylaorcagriega Totally agree! I found myself trying to rationalize so much of it too... at one point just gave up
@@angelasunx3 It feels like the commercial was done by a 3rd party who interviewed an S&T person who kept claiming they were an investment banker (we all know a few of those... Lol)
Yo thanks for showing this.... these fake RUclipsrs got no idea how much we Merchant Banking people suffer 😅
Haha thanks for watching!
Tue what you say about i-banking. A love and hate relationship. But definitely not such a walk in the park as demonstrated in the advertisement video of UBS.
Agree!
what's a bake-off ?
When a company is looking to hire a bank they'll sometimes have what's called a "bake off" in which different banks present and they pick who they want as their advisor
Share this article below
The military doing marketing for UBS now
Haha
Hi, Angela, thx for the review on this promotional video. It’s hilarious how false this advertising is 🤣 especially that midday yoga meditation part. I do have a side question, since I’m pursuing er career, I’m wondering do IB analysts work closely with er department in UBS or just very occasionally?
Not very often! Very occasionally do they speak to one another, since there's usually a "chinese wall" between the two
@@angelasunx3 gotchu, thx for the reply, appreciate it and already subbed :D
Hi Angela, planning to get dell monitors for wfh this summer, may I know which model you are using?
Dell 24 USB-C Monitor - P2419HC
@@angelasunx3 Thank you!
Leaving aside the Trading Floor baloney, she could be an Associate or a VP. Maybe?
Perhaps! Even so there are some contradictions... just a confusing video overall
@@angelasunx3 oh yea. I bet.
Obviously it isn’t meant to be an accurate portrayal, if you couldn’t handle the long hours and work, that’s why you quit.
The video is probably the opposite rather than just inaccurate
maybe she's on the sales and trading team. in which case, her day should've started at 530 in the morning lmao
It's honestly so unclear haha
It is funny to see this promo from UBS. Totally unrealistic. Greeting from SG office. Thanks for the video!
Greetings! Thanks for watching
4:25 "Is he Obama or something" haha
Hahaha
Hi Angela, love your videos congratulations and thank you ! I am at a crossroads in my career and could really use some guidance, do you think it would be possible for us to have a chat sometime ? I'm sure someone with your experience and vision could help me out a lot ! Do you do 1 on 1 ? coaching etc... ? I would compensate your for your time of course. Look forward to hearing from you ! Cheers , Vincent
Thanks Vincent! That's one of the options offered in my Patreon (see link in description box)
@@angelasunx3 Already signed up ! look forward to speaking to you ! Cheers
@@vinigunner94 Quick turnaround! Thank you, and will speak to you on there!
The complete disregard for the Chinese Wall just has me in tears, even aside the "bUlL oR bEaR" 😭😭
*yeah just gonna break several regulations and company policies at 2pm, completely ignoring that model I should be doing* ???????
This video had me so CONFUSED
Would it be helpful to join UBS for a promising career in operations role? I have 7 years of work experience. Could you please tell me what Designation/Title will I be given based on my experience?
That sounds promising! I don't know how the hierarchal structure works in operations so it would depend, but sounds like you have mid-level range of experience
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.
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
The. How come when I call Ubs nobody can help me
I work in advertising; crazy how similar the lack of work-life balance is :')
:,(
This is hilarious
Too funny
是的
This is what happens when you hire PR from instagram.
Hahaha
Using SIRI is banned at work lol..
Hahaha
Good one Angela ☺️
Thanks Aadesh!