The article made it sound like he was barely scraping by eating ramen scrimping and saving living with his parents but the video is the complete opposite. The long hours still suck though.
A lot of people don’t understand that when you get into investment banking I would say about 80% of people only do it for 2-3years max and then leave. The main perks of investment banking is the career opportunities it provides. For example you grind for 2 years at Goldman Sachs fresh out of uni leave and then you have top hedge knocking at your door with even better pay, a much higher ceiling and a far better work life balance. If you leave from a top investment bank you can pretty much go anywhere in the field of finance and be set for life with great work life balance it’s only those initial two years that suck. And even if you decide to stick around in investment banking the hours get far better and the pay multiplies tremendously. You can easily retire by your 40s
I’ve seen other videos of investment bankers quitting after 2-3 years and mentioning how it was hard to get another job after leaving IB even at places such as JP Morgan & chase.
I enjoy having no life outside my job. My job is my life because my job provides money and money is life. So, dedicating my whole life to investment banking wouldn’t be an issue I guess. At the end of the day, I’d be making tons of money, or that’s what I hope .
He literally has no time to himself. No exercise, no catching up with friends. literally straight to bed and to do everything all over again. I hope they're paying you heavy
Pay is dependent on where you’re at. In New York/SF, compared to London, it’s a couple margins higher. I’ve heard a lot of first year analysts are getting past 150k due to all the m&a activity. Some are even getting really close to 200k like the centerview dudes.
Thank you for creating this video... There's not enough content on RUclips which captures the hard part of jobs like these. Having worked in consulting for 5 years I can totally relate to every part of this video. This is real. This is the hardwork that goes in and we need more real content like this.
My bro could have been an investment banker. He tells me everytime that they earn a lot but don't have any time for themselves or their families. He's in a great place now doing what he loves. I'm glad he's happy
Oh man that sucks! I am about to research on that career, but having no life at all is horrible, I’ll get I’ll pass, time for myself and family is more important
@@nmary94 it's one of those careers that you don't go into for your entire life, just work a few years as one gain that money and have it on your CV that you've done such a hard job such as IB and it will sure to get you employed easily
Mu elbows have been taking such strain from working at my desk. This is becoming so painful and uncomfortable. Do you have advise on what one can do to solve this?
I met her in a conference in Washington DC and after her speech I was opportune to meet her and I started investing, I'm happy today because of expert Mrs Lucy Mary Liam
I work at a bank in risk and can relate to some of the things you say. But when you said it’s 4pm and you’re about halfway through your day my jaw dropped. That’s mental…
When I was little, I have always wanted my life to be filled with actions hence becoming a superman etc. But now here I am learning and amazed from this man's discipline and ethics
If you enjoy this work schedule then fair play to you, each to their own. I can’t imagine this is particularly healthy for your body or your mind.. even if it is healthy for your bank account! More to life that work in my humble opinion. Great video though, interesting insight and thanks for sharing!
I think the key to remember is that the work load of an analyst isn't forever. If you stick around to make associate, and beyond, the hours are much more flexible. Or if you transition into PE, the hours also get better. It's a great career path to guarantee you'll retire comfortably, but the work life balance is absolutely atrocious. And it's not the work where you're "working for 16 hours straight" but more that you have to be available at all hours just in case some MD randomly sends you their review notes of your latest deck. Anyway, long rant. IB isn't for everyone
@@MellowFellowOfYellow very true, quite similar to most corporate consultancy type firms but its such a toxic culture where its accepted to just be available for seniors to tell you to do trivial things like endless 'deck' changes. As an industry they really need to spread out the time frame for work or hire more 😂
@@greatestever.8177 they help companies raise capital in stock exchanges; analysing the company and marketing it to investors. IB also underwrites equity/debt raisings (i.e. it commits to buy the shares/bonds that don't get sold to investors.
What keeps you so calm, cool, and collected despite working such long hours, and on a Monday at that? How do you deal with the idea that you might be missing out on other aspects of life? I'd love to get more insight into your mentality, as I think it'll be helpful for my career too. Thanks and more power to you! 😊
i totally understand why people leave IB after 2 or 3 years, then going to a PE firm to get nicer hours and more pay. this seems stressful as fuck ! thank you for the video man, wishing you the best
Damn 16 hours is pretty mad. I just started work as a graduate finance analyst for an insurance company in the UK and usually put in an extra hour or two on top of my standard 8 whenever I need to but I can’t imagine working for that long 😂 hope they are rewarding you well bro 🙏🏼
Hey I have question is most of your work online, regardless of covid? Or if quarantine wasn't a thing would you be working more hands on with a team? Your feedback would be much appreciated
Great insight!! Long term it maybe worth investing in a decent office chair. It really does help keep you refreshed with less aches and pains when working at home.
hey sorry im actually a high school student, thinking of getting into business but not sure which major. do you mind telling me what exactly does an IB analyst do?
@@saachikanchan6276 are you from India? If yes, try going for Bcom in SRCC delhi. A lot of students there land jobs as analysts in IBs in India. If you actually want the real front desk IB job then you can pursue CA+MBA from IIM, IBs come for placements in ABC. All the best (: Ps - MBA from ABC can get you a associate position too.
i really don’t get why everybody is hyping investment banking so much. look at this guys eyes in the evening. to me this is just sad. you’re throwing away your free time (time you could e.g. use to read books and to really expand your horizon) and your health, at least on the physical side. and on top of that, salaries are not so great in relation to the high amount of working hours. don’t get me wrong - if you love it so much that you think it’s worth it: great, go for it. but never would i ever throw away sleep, health etc.
IB analyst is mosly used as sort of a trampoline for the rest of your career. usually straight out of college you get ~60k-80k in salary and 40k-60k in bonuses, but most IBAs only do that job for a couple years before moving into private equity or hedge funds, where work is less and the pay can get crazy high. they kinda sacrifice two years of their life so that when they are 30-50 they can make 500k or more for much less work
Have you ever considered the fact that some of us do it because we like it. Personally, I love to work, and I can easily stay productive for 16+ hours, and have time to do other things, and the money's great
I just wonder how these men and women find time to spend with their significant other. I'm shocked to hear people working 100 hour weeks at these firms getting married. How and when is that possible when they're pretty much already married to their job?
I feel like I’m also so much more productive at night! Honestly, could never see myself going into investment banking but such a fun vlog to watch for some reason 😂
@@jj-bu6yb pay isn’t good, and you’ll be locked in by a bonus you can’t claim for 5 years. Hours are in humane and mental health gets destroyed. These people work 100 hour weeks, and still don’t get the job of actually working for the company instead of being a contractor.
Longest time I work straight was 18 hours to land a go live date. When you love what you do it’s not work... however definitely don’t make a habit of it. Fatigue creeps up!
In iran we don't have college and we straight go to universities. So you have to choose a job when you are in high school and sometimes even in middle school so Its really stressful to pick a job. Thank you so much for helping me choose one. These kind of vids really helps us :D
@@balr.4799 Nah in the UK we get to pick our own subjects for Alevels. We then still have loads of options with those A levels for uni. In Iran, you do very specific Alevel equivalents that are so niche that you can really only go into like 3 or 4 different uni courses
I know many of you feel bad for him but this lifestyle is all well advertised. Everyone knows this is what it is going in. After about 2 years of this is gets better, sort of. But at the MD level it’s basically all sales and relationships
The advantage of going to office is saner work hours. At home you work on and on till it's too much. Please get a big monitor and work way less, and use your skills and start investing. Time is everything
Of course, as long as he’s happy - but not many people in IB are! The 80hr weeks and hierarchical power structures, where you have little autonomy, often grate even if it is a prestigious job
@@kemingyu4266 not really . Is easy to get in as long as went to a decent Russell group university in mathematics, economics, finance, computer science and some knowledge of industry etc. Goldman Sachs is king though. Real king is private equity - that is hard to crack
Some people have goals. They aren't planning on doing this for the rest of their lives, just for 2 years before moving on to something else, usually less hours and more money and more interesting work.
some people thrive in that kind of environment and anyone that has this job knew what they were signing up for beforehand. anyone looking into this career more or less know that this lifestyle is v busy
@@baz1184 you definitely not talking about a career in finance (or any other i am aware of) that after two years you're done and can go work ''less hours and more money and more interesting work''. for IB you can expect your workload to be quite insane for at least 8 years
@@LucasLima-sz4kg 90%+ IB analysts leave by the end of the second year. Most of these go to private equity or hedge funds, this is the more money with less hours and more interesting work I was talking about. The rest of the people go to consulting or leave the industry all together.
Absolutely loved this! Please do more. Just wondering, as many investment banks are moving their employees to Europe are you going to move or do you know anyone who has, I'm just wondering how many people have moved because it's all very interesting! I think it would be cool if you did an ib qna.
I would love a video of how did you prepared for IB position right out of uni (soft and hard skills). I can imagine after you graduated from your career, you did not know nothing about accounting or financial modeling. Thanks in advance.
Early retirement is the dream, I refuse to accept that I have to be at the end of my life to enjoy time freedom….Let’s hustle to financial independence! 🇺🇲🇺🇲💯💯
Thank you so much for vlogging your day! I’ll be starting a grad role in banking so it’s really good to see how you’re managing the working from home :) would love to see more investment banking content!
You seem to enjoy your job? What’s your mindset though? I’m curious as to how you deal with the long hours and pressure, and why or how did you know that IB was suited to you?
@@IwasUnknownUser It’s a rhetorical question. I just saw this video and watched it. I have no intentions of going into this field I’m just a RS teacher.🤡
Hey :) Great video. Straight insight, loved it. Please make a video if you can on which bank you are currently working in and how much they are rewarding you for this 16 hour long work day. Keep Shining!!!!!
People like investment banking because of the learning opportunity, future opportunities and the money. People, at the junior level, generally hate the work and the hours.
I’m in social work working backend systems, pretty much the same as you. Emails are your life, and very common to have two earpieces or more lying around for when you need to listen to 2 meetings at once, while always on stand by for phone messages.
Anyone who is not investing now is missing a tremendous opportunity Imagine investing and receiving $9,500 weekly profits Stella investment is the best
While you are doing all this, a horse is running somewhere in the nature with a blue sky and green grass and you are missing it. Then what’s the point of this whole life? To be a divorced MD lol
Being successful don' t happen by magic Success is dependent on the action or steps you take to achieve it. Show me a man who doesn't have an investment and I will tell you how soon he'll go broke Investment is building a safe haven for the future: with the right choice of investment that has at least 1% minimum risk and with an Expert guidance, profit and interest should be 700 guaranteed.
@Sam Bogaert True, there is never any culture of wealth gathering or wealth creation to keep multiplying your finance that lack an investment value. This means, if you have to plan you must be an investor. that's why Investing in crypto stands to be the best
Due to Corona virus out break (covid-19)my business was short down, I was down at a point whereby I can't afford 2 square meal a day. I now realize how multiple sources of incomes in important
I’m in love with a man that is an investment banker in London as well. I’m currently living in Las Vegas. It’s a long distance relationship and I’m always trying to find ways to better understand him and what life would be like in his shoes. He travels a lot and some days we go days without communication but he always makes it a point to check in with me and see how I am doing and make me feel as desired and cherished as he can when he has the time. The time difference definitely doesn’t help either. I believe one day we will be married together. Thank you for helping me understand what he has on his plate.
You don't, your health, social life and love life all fall to the way side when you sign on to this 200k per year trap, you'll be burned out and lonely like you're 70 at 35. I don't know how people can trade away quality of life for a few more zeros in their bank accounts.
Yeah, generally speaking when I went through it, you get less and less healthy. Fat people get fatter, skinny people get skinnier. If you don't have a relationship, you're unlikely to get one, and If you're in one your S.O. will hate your guts cause you don't spend anytime with them. But still glad I did it....society does give you a lot of leeway as an I-banker though, rightfully or wrongfully. My ex-gf was pretty understanding, and I went to the hospital once for stomach acid build up. I promised myself if I ever ended up in the hospital again, I would quit. (Crazy...now thinking of it...I rationalized that the 2nd trip to hospital would justify leaving a job, not the first. Also...side note...my colleagues still ribbed me for taking 1 day off afterwards. Even though I considered my office to be on the nicer and more family oriented side. Still very big dick attitude among everyone.) Thanks for reading, whomever is still there. Guess I needed some journal therapy...haha.
I really hope you dig this kind of work, because these working hours are insane. But I can relate to your frustration with small tasks that come during the day. Honestly, most of the communication between people in a corporation is counter productive. If you would just let people focus on the few really core topics you would have to work less than 6 hours a day and probably still generate/support the same amount of business.
This video is so informative and I am gonna study in Oxford because of that reason i've found your channel and yeap good luck. You are the best person who really really motivated me! Again thank you!
Can relate a lot to this. Especially when you are operating out of India and are catering to western clients...its way too hectic to match the everybody's timings and make yourself function accordingly. Also, the thing which you mentioned about working on a long project peacefully is very much true....the main part (skeleton) of those decks can be prepared at these peaceful times only and not in between the day answering to all emails .....if you get what I wanna say 😅
I really liked this video and I would really like to join IB. Could you do a video where you explain what would be the basic excel skills and functions used? :)
I definitely plan to get into investment banking for maybe 6 to 8 years then move on to more capital or equity focused jobs and then finally work in the retail part of the Bank. Just gradually easing off my life after 35
That’s why you need a professional broker that we make trade and much profit for you, I recommend investor Gloria she has been trading for me for some years now and I’m very much comfortable with her.
Damn, really? I'm a commercial underwriter and despite being way too busy we still only work 9-5. I've found overtime to be heavily discouraged on the company side.
I work a very similar job, for the last 3 months it’s been been very full on. I’ve been working 14/15 hour per day, 7 days a week and it just doesn’t seem to make a dent
Feel you on the “Night Burst” of the workday. Unfortunately commercial banking analyst hours are hitting these levels too as well. (Bank analytics dept manager here). Hoping dashboard technologies provide enough of a streamline to save on the hundreds of excel to PPT iterations. Best of luck on your journey, don’t let the man get you down. Every deck will be forgotten, keep those client and coworkers relationships close!
@Daltancap - Promote Voluntary Changes & Ideas I think he already makes that money in the first year. It's stupid to discuss meaning of life given we have to use money to survive, none of us can survive without money in a modern society.
I don’t know how you do it. I wouldn’t last more than 3 weeks at a job if I had to work like this every day. Then after I quit, I’d probably have PTSD 😅 this is kinda inhumane. But your positivity and work ethic is very admirable and inspiring
I loved this video! I'm quite interested in the idea of investment banking although it does seem exhausting. Could you maybe do a video on the process of how you got in post uni? Maybe tips for postgrads/undergrads on how they could look for work/opportunities?
This was on Bloomberg news, junior financial analyst working 16 hr days glued to emails in parents attic! great video
The article made it sound like he was barely scraping by eating ramen scrimping and saving living with his parents but the video is the complete opposite. The long hours still suck though.
See, this is a proper video!! Proper detail and genuine insight, rather than general stuff. Class.
A lot of people don’t understand that when you get into investment banking I would say about 80% of people only do it for 2-3years max and then leave. The main perks of investment banking is the career opportunities it provides. For example you grind for 2 years at Goldman Sachs fresh out of uni leave and then you have top hedge knocking at your door with even better pay, a much higher ceiling and a far better work life balance. If you leave from a top investment bank you can pretty much go anywhere in the field of finance and be set for life with great work life balance it’s only those initial two years that suck. And even if you decide to stick around in investment banking the hours get far better and the pay multiplies tremendously. You can easily retire by your 40s
are u sure
I’ve seen other videos of investment bankers quitting after 2-3 years and mentioning how it was hard to get another job after leaving IB even at places such as JP Morgan & chase.
Or you could go buy side straight outta college
I enjoy having no life outside my job. My job is my life because my job provides money and money is life.
So, dedicating my whole life to investment banking wouldn’t be an issue I guess. At the end of the day, I’d be making tons of money, or that’s what I hope .
@@laurencetarquinio6716 buy side straight outta college is nearly impossible tho. u gotta be a needle in a haystack situation
He needs to get outside for a 30 min walk. Your back will thank you later.
There simply isn’t the time for that in half of the days. It sucks I know, and my back despises me for that
Or get a stand up desk
Well, doing both is ideal. My point is that sitting down all day is not good and it's best to switch it up
Remember the IB days when leaving the office before midnight was a good day. At least there is no commute from desk to bed now!
He literally has no time to himself. No exercise, no catching up with friends. literally straight to bed and to do everything all over again. I hope they're paying you heavy
Out of undergrad degree, investment bankers can expect about $90k-$120k USD per year
Pay is dependent on where you’re at. In New York/SF, compared to London, it’s a couple margins higher. I’ve heard a lot of first year analysts are getting past 150k due to all the m&a activity. Some are even getting really close to 200k like the centerview dudes.
@@CrispWeasel In London starting salaries range from £40k - £70k (mostly). Maybe some outliers.
@@someguy909 Without bonuses right?
I've heard that avarage base salary is around 50k, isn't it?
@@CrispWeasel undergrad??? How can they be quelified
Thank you for creating this video... There's not enough content on RUclips which captures the hard part of jobs like these. Having worked in consulting for 5 years I can totally relate to every part of this video. This is real. This is the hardwork that goes in and we need more real content like this.
My bro could have been an investment banker. He tells me everytime that they earn a lot but don't have any time for themselves or their families. He's in a great place now doing what he loves. I'm glad he's happy
So what does he do ?
Good he’s happy; that’s all that matters :)
Oh man that sucks! I am about to research on that career, but having no life at all is horrible, I’ll get I’ll pass, time for myself and family is more important
@@nmary94 it's one of those careers that you don't go into for your entire life, just work a few years as one gain that money and have it on your CV that you've done such a hard job such as IB and it will sure to get you employed easily
@@caprateekjoshi1086 he's a chief engineer in R&D deptt. in an MNC. I'm not sure exactly what he does coz I'm not in that branch but he's contented
Man careful for your elbows, get yourself a larger desk where your elbows get supported - Kr, fellow analyst
Mu elbows have been taking such strain from working at my desk. This is becoming so painful and uncomfortable. Do you have advise on what one can do to solve this?
@@stargirl5881 i can advise you to watch a video of desk ergonomics and try to do stretching exercises atleast once in a day
This is honestly the best day in the life video I’ve ever watched. Can’t wait to see more!
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Lucy Mary Liam.
@Gibson Martha Simple ways to make lot's of money in crypto is to trade with an Expert.
@Gibson Martha I would recommend you to trade with Expert Mrs Lucy Mary Liam she's the best.
Wow I'm just shocked someone mentioned expert Mrs Lucy Mary Liam I thought I'm the only one trading with her.
I remember starting this journey with half BTC but in 14 months I have made 17.8 BTC form days and swing trading with expert Mrs Lucy Mary Liam.
I met her in a conference in Washington DC and after her speech I was opportune to meet her and I started investing, I'm happy today because of expert Mrs Lucy Mary Liam
Rewatched 3:53 so many times cause that positivity soothes my soul so much
Exactly dude, when he said that combined with his soothing voice I felt a tiny bit better, am currently looking for a job stressed tf out 😅
I work at a bank in risk and can relate to some of the things you say. But when you said it’s 4pm and you’re about halfway through your day my jaw dropped. That’s mental…
I work from home too in banking and a late day for me is 8pm.. When he said it’s 11:50pm and he is finally done I was like dayyyyyuum 😳
Hi man, I just applied for some roles in risk, what’s your social media? I’d love to here your thoughts on your experience in risk so far!
Ensure to get atleast 15 minutes of cardio daily, your heart and overall health will thank you later
Great video! Takes a special type of person to perform your role, also the fact that you can also manage to shoot a vlog even more special!
When I was little, I have always wanted my life to be filled with actions hence becoming a superman etc. But now here I am learning and amazed from this man's discipline and ethics
samee dude
I watch this video whenever I need a motivational boost with work lol his positive attitude is empowering 💫
If you enjoy this work schedule then fair play to you, each to their own. I can’t imagine this is particularly healthy for your body or your mind.. even if it is healthy for your bank account! More to life that work in my humble opinion. Great video though, interesting insight and thanks for sharing!
I think the key to remember is that the work load of an analyst isn't forever. If you stick around to make associate, and beyond, the hours are much more flexible.
Or if you transition into PE, the hours also get better.
It's a great career path to guarantee you'll retire comfortably, but the work life balance is absolutely atrocious.
And it's not the work where you're "working for 16 hours straight" but more that you have to be available at all hours just in case some MD randomly sends you their review notes of your latest deck.
Anyway, long rant. IB isn't for everyone
20's is when you can work the most,might as well take advantage of that fact
@@MellowFellowOfYellow very true, quite similar to most corporate consultancy type firms but its such a toxic culture where its accepted to just be available for seniors to tell you to do trivial things like endless 'deck' changes. As an industry they really need to spread out the time frame for work or hire more 😂
@@adam_kano Hire moe - this just does not seem to be either the best use of time or talent.
The work schedule has just put me off this role. Have no time for anything for yourself. I ain’t Slaving for no one
Agreed. His life literally belongs to his company
Please do more of these day-in-the life videos!
The real question is how did he have time to edit this video!
as someone looking to go into investment banking, this was so interesting to watch!
I'm so glad that it was helpful!
Yep I agree
What do investment bankers actually do?
@@greatestever.8177 they neither do investing nor banking....I know that sounds wierd but that's the truth
@@greatestever.8177 they help companies raise capital in stock exchanges; analysing the company and marketing it to investors. IB also underwrites equity/debt raisings (i.e. it commits to buy the shares/bonds that don't get sold to investors.
What keeps you so calm, cool, and collected despite working such long hours, and on a Monday at that? How do you deal with the idea that you might be missing out on other aspects of life? I'd love to get more insight into your mentality, as I think it'll be helpful for my career too. Thanks and more power to you! 😊
Hes sikh and we have a type of medation
You get more done in a day than I do in a month!
hahahahah
Wow life is beautiful heroin shagun kaur iam really big fan of you. you don't know how much craze you have in telugu states
So they pay a lot ....
i totally understand why people leave IB after 2 or 3 years, then going to a PE firm to get nicer hours and more pay. this seems stressful as fuck ! thank you for the video man, wishing you the best
What's pe
@@indobrit4999 private equity.
PE can be just as bad. Generally speaking you’re still working long nights
@@NomadLovesUs yeah exactly
Damn 16 hours is pretty mad. I just started work as a graduate finance analyst for an insurance company in the UK and usually put in an extra hour or two on top of my standard 8 whenever I need to but I can’t imagine working for that long 😂 hope they are rewarding you well bro 🙏🏼
What’s the salary once you become experienced ?
How do you get this type of graduate role?
Hey I have question is most of your work online, regardless of covid? Or if quarantine wasn't a thing would you be working more hands on with a team? Your feedback would be much appreciated
@@haiderashiq3558 for an investment banker you can get 500-600k a year at higher positions
@@kWb02 with a 1% chance of current investment bankers making that much.... getting in the door is the easy part and it’s still incredibly difficult
Very insightful, I'm not built for investment banking but I'm sure it will be helpful for those wanting to get into it , I've subscribed
As someone who is trying to navigate her journey to investment banking, this video helps a lot! I hope the working hours are better somedays.
70-100 hours per week
Great insight!! Long term it maybe worth investing in a decent office chair. It really does help keep you refreshed with less aches and pains when working at home.
I absolutely love seeing you vlogging again
Hope you're doing well!! xx
I totally get that the corporate finance world is intense, but the ASMR vibes of this video is so relaxing ahhah
while Real time hes in adrenaline mode 16 hours
@@beastmasterbg I know! hahaha. I'm like, how is he making this so relaxed, when we know it's far from.
Bruh* on point 😅
Fellow IB analyst here, love this video! I would love to see more, makes me feel less alone as I watch and work from home.
hey sorry im actually a high school student, thinking of getting into business but not sure which major. do you mind telling me what exactly does an IB analyst do?
@@saachikanchan6276 are you from India? If yes, try going for Bcom in SRCC delhi. A lot of students there land jobs as analysts in IBs in India. If you actually want the real front desk IB job then you can pursue CA+MBA from IIM, IBs come for placements in ABC.
All the best (:
Ps - MBA from ABC can get you a associate position too.
i really don’t get why everybody is hyping investment banking so much. look at this guys eyes in the evening. to me this is just sad. you’re throwing away your free time (time you could e.g. use to read books and to really expand your horizon) and your health, at least on the physical side. and on top of that, salaries are not so great in relation to the high amount of working hours. don’t get me wrong - if you love it so much that you think it’s worth it: great, go for it. but never would i ever throw away sleep, health etc.
IB analyst is mosly used as sort of a trampoline for the rest of your career. usually straight out of college you get ~60k-80k in salary and 40k-60k in bonuses, but most IBAs only do that job for a couple years before moving into private equity or hedge funds, where work is less and the pay can get crazy high. they kinda sacrifice two years of their life so that when they are 30-50 they can make 500k or more for much less work
@@matthewostrand617 yeah that’s a good way to put it and a good way to do it too, especially because time goes by fast
Have you ever considered the fact that some of us do it because we like it. Personally, I love to work, and I can easily stay productive for 16+ hours, and have time to do other things, and the money's great
I just wonder how these men and women find time to spend with their significant other. I'm shocked to hear people working 100 hour weeks at these firms getting married. How and when is that possible when they're pretty much already married to their job?
@@rishishyam9406 Great positivity! How old are you what kind of qualifications do you have?
I feel like I’m also so much more productive at night! Honestly, could never see myself going into investment banking but such a fun vlog to watch for some reason 😂
Yeah, the night can be so peaceful! Thanks for the message! x
As someone who works in investment banking and just started my own channel, I can confirm this is so accurate and also I’m loving the content!
hey j here, 2 year at uni. what would be your advice to get into investment banking?
@@jj-bu6yb dont
@@oscara1471 why?
@@jj-bu6yb pay isn’t good, and you’ll be locked in by a bonus you can’t claim for 5 years. Hours are in humane and mental health gets destroyed. These people work 100 hour weeks, and still don’t get the job of actually working for the company instead of being a contractor.
@@oscara1471 thanks a lot! i really appreciate the insight
IB WFH = One’s own personal hell
Who are here after reading Article in Economic Times ?
Longest time I work straight was 18 hours to land a go live date. When you love what you do it’s not work... however definitely don’t make a habit of it. Fatigue creeps up!
In iran we don't have college and we straight go to universities. So you have to choose a job when you are in high school and sometimes even in middle school so Its really stressful to pick a job.
Thank you so much for helping me choose one. These kind of vids really helps us :D
its the same in the uk
@@balr.4799 Nah in the UK we get to pick our own subjects for Alevels. We then still have loads of options with those A levels for uni. In Iran, you do very specific Alevel equivalents that are so niche that you can really only go into like 3 or 4 different uni courses
@@darius6112my b i misread what he said.
@@darius6112 i thought he was conflating college and sixth form
I know many of you feel bad for him but this lifestyle is all well advertised. Everyone knows this is what it is going in. After about 2 years of this is gets better, sort of. But at the MD level it’s basically all sales and relationships
This is a lot like public accounting in busy szn. I can relate to this guy a lot. Hope he gets paid well lol
The advantage of going to office is saner work hours. At home you work on and on till it's too much. Please get a big monitor and work way less, and use your skills and start investing. Time is everything
Everyone starts as a trader. When the stock keeps dropping they become investors.
Thank you for all you do and God Bless.
lolololololololololololololol
Please who has invested with the Tradingfxstation company this channel approved for us to invest with?
@@the_betty Please how do I contact the company?
i want to register for investment.
You can also register on their website directly,
for investment if you don't want to write their admin
tradingfxstation.
This video again makes me dread the corporate life I quit recently.
Philosophy and Comp Sci at Oxford? You can do so much more than IB! Do your 1-2 years then get out of there : )
It's not right for you to judge. If he is happy with his choices, it's alright!
Of course, as long as he’s happy - but not many people in IB are! The 80hr weeks and hierarchical power structures, where you have little autonomy, often grate even if it is a prestigious job
IB is basically the Oxbridge of the working world, as are MBB. Graduate and you open a ton of doors
Mostly only do 1-2 years anyway now. Pay of student debts, go do a masters, put down deposit for apartment etc
@@kemingyu4266 not really . Is easy to get in as long as went to a decent Russell group university in mathematics, economics, finance, computer science and some knowledge of industry etc. Goldman Sachs is king though. Real king is private equity - that is hard to crack
I have the same cooker at home in India
3:40 you described the analyst experience in less than 10 seconds
I work in risk and compliance for an audit firm, this feels like my day to day😅. Great video
@@LalitDevraj yes
Lol this work schedule is ridiculous. If you feel okay with this ... Then this is what's wrong with the world.
Some people have goals. They aren't planning on doing this for the rest of their lives, just for 2 years before moving on to something else, usually less hours and more money and more interesting work.
@@baz1184 You do be spitting facts man
some people thrive in that kind of environment and anyone that has this job knew what they were signing up for beforehand. anyone looking into this career more or less know that this lifestyle is v busy
@@baz1184 you definitely not talking about a career in finance (or any other i am aware of) that after two years you're done and can go work ''less hours and more money and more interesting work''. for IB you can expect your workload to be quite insane for at least 8 years
@@LucasLima-sz4kg 90%+ IB analysts leave by the end of the second year. Most of these go to private equity or hedge funds, this is the more money with less hours and more interesting work I was talking about.
The rest of the people go to consulting or leave the industry all together.
Absolutely loved this! Please do more. Just wondering, as many investment banks are moving their employees to Europe are you going to move or do you know anyone who has, I'm just wondering how many people have moved because it's all very interesting! I think it would be cool if you did an ib qna.
I would love a video of how did you prepared for IB position right out of uni (soft and hard skills). I can imagine after you graduated from your career, you did not know nothing about accounting or financial modeling. Thanks in advance.
Do the FMVA certificate from CFI and try to apply these skills to a valuation of a company of your choice.
Not sure what's more intense - banking or consulting 👀 but totally right mental stamina is needed 😅
Early retirement is the dream, I refuse to accept that I have to be at the end of my life to enjoy time freedom….Let’s hustle to financial independence! 🇺🇲🇺🇲💯💯
I wanted to trade crypto by myself but got confused and discouraged by the fluctuations in price😂😂🙄
@@lucywilson4046 That won't bother you if you trade with a professional like Ms Lucy White
I heard that her strategies and Profits are really good🦹🦹🦹
@@castromunsey2548 Yeah, my first investment with Ms Lucy earned me profit of over $18,550, and ever since then she has been delivering
Wow, amazing to see others that also trades with Ms Lucy, I’m currently on my 5th trade with her and my portfolio has grown tremendously.
Thank you so much for vlogging your day! I’ll be starting a grad role in banking so it’s really good to see how you’re managing the working from home :) would love to see more investment banking content!
How's it going after a year? Been tough?
You seem to enjoy your job? What’s your mindset though? I’m curious as to how you deal with the long hours and pressure, and why or how did you know that IB was suited to you?
16 hours a day. Is that even allowed 🤯🤯🤯🤯🤯
you can quit if you don't want to take the hard time, and no need to ask this stupid question.
Money pays for the 'allowed', that's life
@@IwasUnknownUser It’s a rhetorical question. I just saw this video and watched it. I have no intentions of going into this field I’m just a RS teacher.🤡
@@IwasUnknownUser 🤡
@@IwasUnknownUser it was a rhetorical question, idiot
Prat
Love the Video! I‘m currently still in high school but definitely want to work in IB after Uni!
To Do lists are great, I'm not a mornings person.. That project in the morning would have done me. On the fly in the morning.. Dam.
Hey :) Great video. Straight insight, loved it. Please make a video if you can on which bank you are currently working in and how much they are rewarding you for this 16 hour long work day. Keep Shining!!!!!
I love your attitude! This video just makes me feel like I really do want to go into investment banking.
Just a bit of advice, look at the reasons people hate IB as well as why they like it
People like investment banking because of the learning opportunity, future opportunities and the money. People, at the junior level, generally hate the work and the hours.
I’m in social work working backend systems, pretty much the same as you. Emails are your life, and very common to have two earpieces or more lying around for when you need to listen to 2 meetings at once, while always on stand by for phone messages.
How can you listen and participate in 2 meetings at once? Sounds amazing
This makes me glad to be working in markets
Yeah I always worked market hours, latest finish was 17:30
Don’t know what your work is but surely this vlog helped me to focus on my productivity, TY.
Anyone who is not investing now is missing a tremendous opportunity
Imagine investing and receiving $9,500 weekly profits
Stella investment is the best
Stella has been trading for me and I’m very happy investing with her company, I really want to say a big thanks to her
Wow 🤩 I’m happy with her strategies I really love her methods
I received $10,000 💵💰 with Stella investment, I doubted it at first but now I’m the happiest person
Wow! I feel so safe seeing all these testimonies I just started trading
You can Reach her on *TELEGRAM* with the name below.
@Stella_Investment
Omg I can relate to every single thing! An early night is 11pm
how did you go from a major in computer science and philosophy to becoming an analyst banker
Great video Mani -- really good to see you're doing well! Come a long way from K&R courses...
While you are doing all this, a horse is running somewhere in the nature with a blue sky and green grass and you are missing it. Then what’s the point of this whole life? To be a divorced MD lol
The most valuable thing in life is time, not money.
@@rexmundi273 golden words
Perhaps Its his passion and you find it as a waste of time becuase it's not your dream but his 🤷 he ain't doing it for you is he
I’m an intern and been doing 17.5 hours a day, 12 hours on weekends
wow. How are you surviving. That looks too much
That sounds horrendous
Respect man
Rookies number.
Crypto mate, 5 hours a day, +20% a day gains, big banks won't know what's hit them, soon soon
Being successful don' t happen by magic Success is dependent on the action or steps you take to achieve it. Show me a man who doesn't have an investment and I will tell you how soon he'll go broke Investment is building a safe haven for the future: with the right choice of investment that has at least 1% minimum risk and with an Expert guidance, profit and interest should be 700 guaranteed.
@Sam Bogaert True, there is never any culture of wealth gathering or wealth creation to keep multiplying your finance that lack an investment value. This means, if you have to plan you must be an investor. that's why Investing in crypto stands to be the best
@mathew jessy I will advice you don't trade on your own, you will keep losing. start trading with Mrs Bruce Christelle trading services.
Investing in crypto with expert Bruce Christelle has been one of most profitable thing I did
It's the planning you put into today that will yield the dividends of prosperity for you tomorrow.
Due to Corona virus out break (covid-19)my business was short down, I was down at a point whereby I can't afford 2 square meal a day. I now realize how multiple sources of incomes in important
I’m in love with a man that is an investment banker in London as well. I’m currently living in Las Vegas. It’s a long distance relationship and I’m always trying to find ways to better understand him and what life would be like in his shoes. He travels a lot and some days we go days without communication but he always makes it a point to check in with me and see how I am doing and make me feel as desired and cherished as he can when he has the time. The time difference definitely doesn’t help either. I believe one day we will be married together.
Thank you for helping me understand what he has on his plate.
Im 15 found this on the recommendation this is a sector im looking to break into thank you for this❤️💪🏾
Work towards getting into a top university. It’ll make the whole process a lot easier
@@EvadeModsRGH didn't understand?
Nice video...Not something I would do, but appreciate seeing a day in your life..
not sure i'd want to sell my soul to finance lol
You sound jealous x
@@betalhimasres4703 imagine if Einstein or Newton had become bankers :)
@@milesblack1830 you’re not similar to either
@@liqritrs8391 did I say I was
That's why you look five years older. Aim for less stress dude
I really like the idea of investment banking especially Charts News and trading. But 16 hours are hard. I would preffered 12 if it was possible
How do you stay fit? Your sitting all day long?
You don't, your health, social life and love life all fall to the way side when you sign on to this 200k per year trap, you'll be burned out and lonely like you're 70 at 35. I don't know how people can trade away quality of life for a few more zeros in their bank accounts.
Yeah, generally speaking when I went through it, you get less and less healthy. Fat people get fatter, skinny people get skinnier. If you don't have a relationship, you're unlikely to get one, and If you're in one your S.O. will hate your guts cause you don't spend anytime with them. But still glad I did it....society does give you a lot of leeway as an I-banker though, rightfully or wrongfully. My ex-gf was pretty understanding, and I went to the hospital once for stomach acid build up. I promised myself if I ever ended up in the hospital again, I would quit. (Crazy...now thinking of it...I rationalized that the 2nd trip to hospital would justify leaving a job, not the first. Also...side note...my colleagues still ribbed me for taking 1 day off afterwards. Even though I considered my office to be on the nicer and more family oriented side. Still very big dick attitude among everyone.) Thanks for reading, whomever is still there. Guess I needed some journal therapy...haha.
What are you looking to do post IB? Go into PE/HF or something entrprenaurial?
I really hope you dig this kind of work, because these working hours are insane.
But I can relate to your frustration with small tasks that come during the day. Honestly, most of the communication between people in a corporation is counter productive. If you would just let people focus on the few really core topics you would have to work less than 6 hours a day and probably still generate/support the same amount of business.
this what it's like to sell your soul to the devil for a high paying job.
Soul
it a faustian bargain
This video is so informative and I am gonna study in Oxford because of that reason i've found your channel and yeap good luck. You are the best person who really really motivated me! Again thank you!
nice saw the article on the terminal
Can relate a lot to this.
Especially when you are operating out of India and are catering to western clients...its way too hectic to match the everybody's timings and make yourself function accordingly. Also, the thing which you mentioned about working on a long project peacefully is very much true....the main part (skeleton) of those decks can be prepared at these peaceful times only and not in between the day answering to all emails .....if you get what I wanna say 😅
You must be saving some serious P.
MORE of this please!! I had so much fun
I really liked this video and I would really like to join IB. Could you do a video where you explain what would be the basic excel skills and functions used? :)
I definitely plan to get into investment banking for maybe 6 to 8 years then move on to more capital or equity focused jobs and then finally work in the retail part of the Bank. Just gradually easing off my life after 35
Bitcoin is the beginning of something great a currency without a government,something necessary and imperative.
Bitcoin market is home to endless financial opportunities if you are not determined you we get sucked in crowd thinking.
I don’t know about Trading and it’s strategies, how do I get In touch with the right broker?
That’s why you need a professional broker that we make trade and much profit for you, I recommend investor Gloria she has been trading for me for some years now and I’m very much comfortable with her.
Investor Gloria is one of the best female broker ❤️
Gloria has been trading for me and I’m very happy investing with her company, I really want to say a big thanks to investor Gloria
Interesting and reassuring to see that you have a very similar work day to myself who works as an analyst for a reinsurance broker!
Damn, really? I'm a commercial underwriter and despite being way too busy we still only work 9-5. I've found overtime to be heavily discouraged on the company side.
Hi Mani. Could you tell us a bit more about what the work actually is and what it involves? Eg what type of calculations. Love your videos.
Sums, pivot tables, pretty charts etc...
I work a very similar job, for the last 3 months it’s been been very full on. I’ve been working 14/15 hour per day, 7 days a week and it just doesn’t seem to make a dent
This has got to be the best "look at how much work I do boss" idea ever! 🤣
Jokes aside, fair play mate - keep grinding
Feel you on the “Night Burst” of the workday. Unfortunately commercial banking analyst hours are hitting these levels too as well. (Bank analytics dept manager here). Hoping dashboard technologies provide enough of a streamline to save on the hundreds of excel to PPT iterations.
Best of luck on your journey, don’t let the man get you down. Every deck will be forgotten, keep those client and coworkers relationships close!
Also yeah, you’re on Bloomberg’s home page. Hope they give y’all some Saturdays off.
Mate honestly all this faffing about in excel and powerpoint just seems to be a way for the bank to pretend it does any meaningful work.
Didn't this lad do computer science as well
TBH, life is not meaningful, why do you have such stupid question "a way for the bank to pretend it does any meaningful work"?
@@IwasUnknownUser life's only meaningless if you're a nihilist
@Daltancap - Promote Voluntary Changes & Ideas it's also meaningful for him to make 80,000 pounds per year as a young man as his age, that's life.
@Daltancap - Promote Voluntary Changes & Ideas I think he already makes that money in the first year. It's stupid to discuss meaning of life given we have to use money to survive, none of us can survive without money in a modern society.
Just read an article about you on Efinancial Careers!
Your insight is really incredible, thank you for sharing.
All the best!
hi, it was really exciting to see you, can you please guide me on how to crack into investment banking.
Great video Mani! Would be great to see more investment banking related videos on your channel
I don’t know how you do it. I wouldn’t last more than 3 weeks at a job if I had to work like this every day. Then after I quit, I’d probably have PTSD 😅 this is kinda inhumane. But your positivity and work ethic is very admirable and inspiring
Thanks for the video. Definitely different work day. Not for everyone. Thanks again.
I loved this video! I'm quite interested in the idea of investment banking although it does seem exhausting. Could you maybe do a video on the process of how you got in post uni? Maybe tips for postgrads/undergrads on how they could look for work/opportunities?