Let me know if there's anything else about banking you want me to talk about! ⬇Wall Street Prep Courses⬇ ► Use code RARELIQUID for 20% OFF on any course! ► gv142.isrefer.com/go/rliquid/rareliquid/ ⬇Wharton / Wall Street Prep Private Equity Certificate Program⬇ ► Use code RARELIQUID for hundreds of dollars off! ► tinyurl.com/mrxy7s6s 🚀Sign up for my courses🚀 ► How to get into investment banking: forms.gle/wt4cZrezbxVgNzGUA ► How to get into MBA programs: forms.gle/9yEyycuP7NnQBjue8
What is the dress code in Investment Banking? Are there any strong norms? As an aspiring Investment Banker I'm coming from the other side of the argument than most people, because it never works well to be better dressed than your superiors, and I appreciate wearing business attire. Are coding and software skills becoming more and more important in all types of Investment Banking, or could you build a career in M&A without software skills?
Man, top marks for the editor - timing the clock in the corner to be in sync with the video was cool to see! (unless it was the other way around haha).
So, on usual days, you spend your whole day in the office? I work in IB too, but I leave everyday at 6 pm, my friends too. In the long run, it's not worth it to spend all week in the cubicle, but I guess every person is different.
Excel and Powerpoint, with concepts that after a couple of years of work (nor to mention degrees) are always the same... That is sort of a dream for someone working in IT/ SW Development, where the tools used change so much in just a couple of years... yes, long hours, but you are doing Excel and PPT with concepts in Finance that don't change in decades...
Lets do some calculation: After i watch the video , i assume you work around 13 hours a day and i have researched that the average salary for this position is $147.137. Minos 12 day off and the weekend so you might work 257 days/year. So 159338/(257*13) ~ $44/hour 🤨. Actually it is not high as i thought. I havent counted a bunch of tax too. But im not living in the US and this calculation is for fun only. If anyone have more experience or i wrong in anything please correct me below
Hourly pay for IB analysts is never going to be high. Analysts occasionally work 110+ hour weeks, and usually average around 80-100. Companies who pay out a higher hourly rate, would never let their employees work/get paid for 110 hour weeks like these big banks have to. I agree though, it should be higher.
Man all these pulling numbers from financial reports and previous presentations sound so tedious! I can't help but think that there has to be some new tech out there that can do this at a fraction of the time. I can imagine myself wanting to pull my hair out going through 100 pages of numbers looking for 1 number x.x
Ben, I have a question for you if you don’t mind answering it. I’m about to start a Master’s in Finance by the beginning of September and I was thinking of applying for a summer internship in an investment bank next summer (summer 2023). Do you think it is too late to apply or do investment banks usually accept students already in the masters (considering that most people will join the job market afterwards)? Thanks in advance! Great video btw, keep going!!
Hello out of general curiosity, what supplements do you take, such as omega 3, zinc, b12 stuff like this, you have a good overall health. Thx for answering
What is the dress code in Investment Banking? Are there any strong norms? As an aspiring Investment Banker I'm coming from the other side of the argument than most people, because it never works well to be better dressed than your superiors, and I appreciate wearing business attire.
Amazing and insightful video!! Hi, I would like to work in an investment firm oneday as an analyst (either investment bank or private equity), and obviously since the industry is very competitive to get in, I was wondering if you could give me some insight about some odd jobs in the industry that could help me get a foot inside the door like a photocopie associate in the printing department, or a job in the mailroom , or a clerc. I might not get the analyst job but it would be good to get one of those odd jobs in the firm to start of with. Thanks
A lot of people traded with the wrong platform and lost a great deal of money. I was once a newcomer to this investing business and I was robbed of money which put me on a large debt. Then I found an investment company that changed my life financially. I thank God for this wonderful platform. SPACEX-MINERS has been certified by leading and reputable investors so you have nothing to worry about.
![[FULL EP.16] เซียนพาลุย "เผือก-ฟรอยด์" กรี๊ดลั่น จนปูหนี | เฮ็ดอย่างเซียนหรั่ง | One Playground](http://i.ytimg.com/vi/FsqUvwS3b-Y/mqdefault.jpg)
Let me know if there's anything else about banking you want me to talk about!
⬇Wall Street Prep Courses⬇
► Use code RARELIQUID for 20% OFF on any course!
► gv142.isrefer.com/go/rliquid/rareliquid/
⬇Wharton / Wall Street Prep Private Equity Certificate Program⬇
► Use code RARELIQUID for hundreds of dollars off!
► tinyurl.com/mrxy7s6s
🚀Sign up for my courses🚀
► How to get into investment banking: forms.gle/wt4cZrezbxVgNzGUA
► How to get into MBA programs: forms.gle/9yEyycuP7NnQBjue8
What is the dress code in Investment Banking?
Are there any strong norms?
As an aspiring Investment Banker I'm coming from the other side of the argument than most people, because it never works well to be better dressed than your superiors, and I appreciate wearing business attire.
Are coding and software skills becoming more and more important in all types of Investment Banking, or could you build a career in M&A without software skills?
Man, top marks for the editor - timing the clock in the corner to be in sync with the video was cool to see! (unless it was the other way around haha).
haha yes it took a lot of time apparently
Really helpful video! Was nice to hear an unconventional professional skill you developed!
Thanks for the great video, Ben! It was really helpful.
My pleasure!
So, on usual days, you spend your whole day in the office? I work in IB too, but I leave everyday at 6 pm, my friends too. In the long run, it's not worth it to spend all week in the cubicle, but I guess every person is different.
Which country are you working from?
Excel and Powerpoint, with concepts that after a couple of years of work (nor to mention degrees) are always the same... That is sort of a dream for someone working in IT/ SW Development, where the tools used change so much in just a couple of years... yes, long hours, but you are doing Excel and PPT with concepts in Finance that don't change in decades...
Lets do some calculation:
After i watch the video , i assume you work around 13 hours a day and i have researched that the average salary for this position is $147.137. Minos 12 day off and the weekend so you might work 257 days/year. So 159338/(257*13) ~ $44/hour 🤨. Actually it is not high as i thought. I havent counted a bunch of tax too. But im not living in the US and this calculation is for fun only. If anyone have more experience or i wrong in anything please correct me below
Hourly pay for IB analysts is never going to be high. Analysts occasionally work 110+ hour weeks, and usually average around 80-100. Companies who pay out a higher hourly rate, would never let their employees work/get paid for 110 hour weeks like these big banks have to. I agree though, it should be higher.
Again, very insightful content! How do you manage things like sleep or sport (gym) as an Investment Banker?
There’s a simple answer, you don’t
imagine selling your resume, jesus christ 😂
Interning here in Philly, and staying next to Wharton, love the environment here!!!
Love you Ben. Thank you!
Thank you for sharing your experience like Investment Banking Analyst, it's very interesting, it helps a lot to know more about IB
Very insightful!
Great video! You've made a video like this before. I've been watching you for so long. Hope to get to meet you one day
you're a day one supporter! haha
Could you provide some insight on how you catch up to speed on market news?
Is the Patagonia vest obligatory for all male investment bankers? :D
This sounds like the worst career in the world lol 8:30 am - 12am days lol
Better money than 🤡 like you.
Its worth it to learn for 2-5 years.
Your videos are so good.
Man all these pulling numbers from financial reports and previous presentations sound so tedious! I can't help but think that there has to be some new tech out there that can do this at a fraction of the time. I can imagine myself wanting to pull my hair out going through 100 pages of numbers looking for 1 number x.x
You should do video on peak deal and non peak deal time (if there are any!)
Ben, I have a question for you if you don’t mind answering it. I’m about to start a Master’s in Finance by the beginning of September and I was thinking of applying for a summer internship in an investment bank next summer (summer 2023). Do you think it is too late to apply or do investment banks usually accept students already in the masters (considering that most people will join the job market afterwards)?
Thanks in advance!
Great video btw, keep going!!
Update on your situation?
Hello out of general curiosity, what supplements do you take, such as omega 3, zinc, b12 stuff like this, you have a good overall health. Thx for answering
Hey man. I am a student at Drexel University. I heard you say you are based in Philly now. Would love to meet you in person
What is the dress code in Investment Banking?
Are there any strong norms?
As an aspiring Investment Banker I'm coming from the other side of the argument than most people, because it never works well to be better dressed than your superiors, and I appreciate wearing business attire.
Do you recommend any newsletters for the broader industry?
Thank you for your video, that's very interesting !
How easy its to do transition from corporate FP&A to investment banking, knowing that you can do Financial modeling valuation?
What course/advice would you recommend to sb who wants to advance his skill in PowerPoint presentations?
Amazing and insightful video!! Hi, I would like to work in an investment firm oneday as an analyst (either investment bank or private equity), and obviously since the industry is very competitive to get in, I was wondering if you could give me some insight about some odd jobs in the industry that could help me get a foot inside the door like a photocopie associate in the printing department, or a job in the mailroom , or a clerc. I might not get the analyst job but it would be good to get one of those odd jobs in the firm to start of with. Thanks
Hi, how do you get the data on what exactly moved the stock price?
am a computer science graduate but am planning to do finance jobs what can I do to acquire a good paying job....can you help me out
Is coding or any scientific background is required for investment banking???
What browser and year of Office were you guys using?
have you ever made a calculation mistake in a model?
How do you balance work and life?
Which healthcare news letters do you like?
Do you see yourself working in banking long term?
Hello,
Can you be an investment banker with an accounting degree?? Or you only need to have a finance degree??
Accounting degree works
Graham Stephan should react to this video
As an analyst you sell nothing, only do donkey work for the associates and vp. Keep it real pls
They're such an unethical company. I could never
So you get paid twice but also work 2 jobs worth of hours....
wait, you still need to go to office ?
hedge fund right out of college
Banksters
When you say, I send it to my associate, it sounds like she's your subordinate 😂
Investment Baking 🍩🍪🎂🍰🧁
A lot of people traded with the wrong platform and lost a great deal of money. I was once a newcomer to this investing business and I was robbed of money which put me on a large debt. Then I found an investment company that changed my life financially. I thank God for this wonderful platform. SPACEX-MINERS has been certified by leading and reputable investors so you have nothing to worry about.
honestly it’s the best feeling when others in the team have worked on similar comps and u just need to refresh 🥹
spoken like a true banker haha