5 Finance Jobs Explained (and what they pay) Pt1

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  • เผยแพร่เมื่อ 27 พ.ค. 2024
  • Top 5 finance jobs explained in this video, focused on entry-level roles. I discuss the salary, responsibilities, work hours, skills required, and more.
    The 5 finance jobs are: Financial Planning & Analysis, Trading, Investment Banking, Equity Research, and Financial Audit.
    📈 The Complete Finance & Valuation Course: www.careerprinciples.com/cour...
    RESOURCES:
    My Business Careers video: • Careers for Business S...
    My Investment Banking Day in the Life Video: • Day in the Life of a G...
    TRADER day in the life: www.wallstreetoasis.com/forum...
    INVESTMENT BANKER day in the life: www.wallstreetoasis.com/forum...
    EQUITY RESEARCH day in the life: www.mergersandinquisitions.co...
    EQUITY RESEARCH REPORT: linkback.morganstanley.com/we...
    LEARN:
    📈 The Complete Finance & Valuation Course: www.careerprinciples.com/cour...
    👉 Excel for Business & Finance Course: www.careerprinciples.com/cour...
    📊 Get 25% OFF Financial Edge Using Code KENJI25: bit.ly/3Ds47vS
    SOCIALS:
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    Chapters:
    0:00​ -​ Intro
    1:00​ - FP&A
    2:51​ - Trading
    4:51​ - Investment Banking
    6:37​ - Equity Research
    8:53​ - Financial Audit

ความคิดเห็น • 128

  • @KenjiExplains
    @KenjiExplains  2 ปีที่แล้ว +8

    👉 Our Excel for Business & Finance Course: www.careerprinciples.com/courses/excel-for-business-finance

  • @johndeanconway7931
    @johndeanconway7931 2 หลายเดือนก่อน +33

    Big ups to everyone working effortlessly trying to earn a living while building wealth. My wife and I we are both retired with over $2 million in net worth and all paid off debts. living smart and frugal with our money, made it possible for us this early, even till now we earn passively with our asset coach.
    Adapt to a lifestyle, be thrifty, set a budget, save money and build more streams.

    • @donnahensley2459
      @donnahensley2459 2 หลายเดือนก่อน +3

      Excellent choices having a great savings and more streams to earn makes life goal’s easier but our way of life needs better alternative,at the same time, people also need to be more responsible. I know for a fact that there's a lot of people that simply don't make enough, I make roughly hundred plus a year and in California, rent inflation alone eat up almost all of what I make, with dependents and other obligations included, it's easy to end up with zero. however it’s a good time to add to existing asset holdings as follow -on opportunities

    • @johndeanconway7931
      @johndeanconway7931 2 หลายเดือนก่อน +2

      I resonate with what you said ma’am, you could also take advantage of some growth stocks at the moment, every pro is currently bagging on some digital surge. For me, my coach Margaret ann myatt the intelligent advisor has been using every opportunity to ensure I benefit, well positioned as I’m also privy to improve. It completely changed the approach for me, feel free to write direct to help construct your approach as well.

    • @mikenorman5172
      @mikenorman5172 2 หลายเดือนก่อน +1

      I have got myatt résumé, also part of an audience with Margaret options, a huge economical nerd, these well anticipated results has impacted a lot of exposure for me.

    • @mondimlotshwa3958
      @mondimlotshwa3958 2 หลายเดือนก่อน +1

      I bet you got yourself some solid portfolio.

  • @Theunknownteacher_
    @Theunknownteacher_ 2 ปีที่แล้ว +40

    Make a detailed video on courses like CMA Usa CPA ACCA CIMA FRM CFA etc.

  • @mauriciocordoba952
    @mauriciocordoba952 8 หลายเดือนก่อน +15

    Have we normalized working 60+ hours in this country? I don't want to work more than 50 hours per week.

  • @annawimberley6360
    @annawimberley6360 2 ปีที่แล้ว +80

    This is a great video, thank you! Could you please do a part 2 where you cover some more options like asset management, wealth management, corporate finance, etc?

    • @KenjiExplains
      @KenjiExplains  2 ปีที่แล้ว +7

      Good idea thanks for the suggestion!

  • @Pixelaze
    @Pixelaze 2 ปีที่แล้ว +15

    I love how informative these videos are. Really helps someone who didn't pick a business related major.

    • @KenjiExplains
      @KenjiExplains  2 ปีที่แล้ว +1

      Great to hear thank you! Got a part 2 coming in a couple weeks so stay tuned! 😄

  • @imnotftw
    @imnotftw 2 ปีที่แล้ว +1

    Nice to have someone who actually includes the links he mentions in the description.

  • @santiagocarreno5256
    @santiagocarreno5256 2 ปีที่แล้ว +6

    Hey Kenji, Great video! Could you cover asset management and wealth management in part 2? I am conflicted about a career in asset or wealth management and would love to hear your input on it. Thank you!

  • @maxh1976
    @maxh1976 2 ปีที่แล้ว +1

    Always good Kenji! Proud of your work!

  • @samfin7358
    @samfin7358 2 ปีที่แล้ว

    Smashing it dude, keep up the awesome videos. Loving them so far! Videos like these inspired me to start a channel of my own. Keep it up bro.

  • @adriannaadam8448
    @adriannaadam8448 10 หลายเดือนก่อน

    This was really informative and delivered brilliantly, thank you ver much for sharing !👏

  • @drexelloh479
    @drexelloh479 2 ปีที่แล้ว +20

    This is amazing Kenji!! Would love to see a part 2:)

  • @bigbadmanbearpig
    @bigbadmanbearpig 2 ปีที่แล้ว +1

    Very well structure video love how clear you lay things out

    • @KenjiExplains
      @KenjiExplains  2 ปีที่แล้ว

      Thank you Alexander, means a lot!

  • @jasmerecantano3027
    @jasmerecantano3027 ปีที่แล้ว +6

    Hey Kenji! I appreciate this so much, it's certainly helping me choose a path. Would you have tips on how to build finance skills while still being a student?

  • @mohitmundada8837
    @mohitmundada8837 2 ปีที่แล้ว

    Great Video Kenji !!

  • @DannyPauling
    @DannyPauling 2 ปีที่แล้ว

    Great video man! I’d love a part 2 and maybe even a video like this for the softer side of business (marketing, real estate, management, etc) keep it up!

  • @savvaschrysopoulos3842
    @savvaschrysopoulos3842 2 ปีที่แล้ว +2

    Great videos Kenji! Very insightful! Would appreciate a deep dive video on FP&A or Corporate Development in the future! Keep up the amazing work!

  • @IllustriousBagel
    @IllustriousBagel 2 ปีที่แล้ว +2

    love your videos man really well explained

    • @KenjiExplains
      @KenjiExplains  2 ปีที่แล้ว

      Really appreciate it Vishnu!

  • @AM-gg6zw
    @AM-gg6zw 2 ปีที่แล้ว

    One of my favourite channel! Thank you for this quality content

    • @KenjiExplains
      @KenjiExplains  2 ปีที่แล้ว +1

      Glad you enjoy it! thanks for supporting!

  • @cesarduquehincapie7733
    @cesarduquehincapie7733 2 ปีที่แล้ว +1

    Nice video Kenji, keep it up!

  • @camlex6310
    @camlex6310 2 ปีที่แล้ว +15

    Super interesting!! So many options...would love a part 2

  • @tomhayes1636
    @tomhayes1636 2 ปีที่แล้ว +6

    Very interesting! Please do make a part 2

  • @philvuk
    @philvuk 2 ปีที่แล้ว

    very clear and nice content thanks Kenji

  • @adyashapaty
    @adyashapaty 2 ปีที่แล้ว

    Very insightful video kenji👏👏👏

  • @joseballite1666
    @joseballite1666 2 ปีที่แล้ว +6

    Part 2 please!!! Great vids, hope to see more from you!

  • @carlislevaz3081
    @carlislevaz3081 2 ปีที่แล้ว +1

    Another great video!

  • @vaishnavishimikeri318
    @vaishnavishimikeri318 2 ปีที่แล้ว +1

    Please make part 2! This was really helpful ❤️

  • @patooo97Plaza
    @patooo97Plaza 2 ปีที่แล้ว

    Great video! Could you make a video about Quantitative Analists or quantitative traders?

  • @sahildhanrajani8936
    @sahildhanrajani8936 2 ปีที่แล้ว +11

    Make a part 2 please 🙏, would help a lot

  • @sexyfutbol6252
    @sexyfutbol6252 2 ปีที่แล้ว +1

    Loving it

  • @mohammadezzeddine400
    @mohammadezzeddine400 2 ปีที่แล้ว +1

    part 2 please do corporate banking, commercial banking etc..

  • @PrashantSingh-ls1vw
    @PrashantSingh-ls1vw 2 ปีที่แล้ว +3

    Great video please do a video on the trading profiles👍

  • @tristanchiu6944
    @tristanchiu6944 2 ปีที่แล้ว +1

    kenjiexplains congrats on 10K! #babysteps

    • @KenjiExplains
      @KenjiExplains  2 ปีที่แล้ว

      Cheers Tristan!!!! Thanks for supporting man means a lot

  • @pedrofreire4369
    @pedrofreire4369 2 ปีที่แล้ว +3

    Thank you, very insightful! Maybe a part 2 going deeper in all of them?

    • @KenjiExplains
      @KenjiExplains  2 ปีที่แล้ว

      Good idea, thanks for the suggestion!

  • @abhinavyadav7362
    @abhinavyadav7362 2 ปีที่แล้ว

    Hi kenji, can you make a video about types of investments and difference between investment and trading securities….😊

  • @braxtonhatch4295
    @braxtonhatch4295 3 หลายเดือนก่อน

    Let's hit private equity a little bit on pt 2

  • @amirhosseinatabzadeh9291
    @amirhosseinatabzadeh9291 2 ปีที่แล้ว

    Make a video about Quantitative analysts.

  • @nagapravalikarangisetti4756
    @nagapravalikarangisetti4756 2 ปีที่แล้ว

    Part 2 please .

  • @brunocaruso1082
    @brunocaruso1082 2 ปีที่แล้ว

    In UK for being an FP&A you need to be qualified ACCA or CIMA and the salary is far higher than US

  • @brady1268
    @brady1268 ปีที่แล้ว

    For the FP&A what did you say is a good way to get your foot in the door, if not hired out of school? Thanks!

  • @naayabhasan5155
    @naayabhasan5155 2 ปีที่แล้ว +1

    Hi! Can you please say where risk management falls?

  • @shujayethossain6554
    @shujayethossain6554 2 ปีที่แล้ว +2

    Great video!
    I will be attending Zicklin School of Business as a finance major from next year & interested in getting into investment banks like Goldman Sachs and JP Morgan. Baruch College offers the following courses and 5 of the 6 classes are required. Any idea which one I can eliminate from my choice?
    1. Financial Accounting I
    2. Financial Accounting II
    3. Real Estate Finance and Investment 4. Real Estate Capital Markets
    5. Investment Strategies in Property Markets
    6. Valuations and Underwriting of Securitized Real Estate.
    Thank you!

    • @KenjiExplains
      @KenjiExplains  2 ปีที่แล้ว +1

      Probably underwriting but obviously depends on which branch of banking you’re interested in

  • @palesamphatsoe959
    @palesamphatsoe959 ปีที่แล้ว +1

    Hi Kenji, I just graduated in an investment degree last year and I genuinely don't know what career path to pursue in this industry. I enjoy the stock market and learning about the mechanics and technicalities of how it works, but I enjoy interacting with people. I don't know what career path I can pursue that incorporates some degree of both 😢

    • @messiahscent
      @messiahscent ปีที่แล้ว

      Idk if your degree qualifies you for AUDITING, but that's what I would suggest. Since you enjoy the technical side of corporations, you'd enjoy reviewing their Financials and studying the company from the inside

  • @user-tb5np9ts6y
    @user-tb5np9ts6y 9 หลายเดือนก่อน

    Hey Kenji. After watching ur video, I think my skill is more to financial planning and analysis. May I know the example career position under that category at company?

  • @monikarompoti5594
    @monikarompoti5594 2 ปีที่แล้ว +1

    Hello, this is a great video! In which category does risk management fall into ?

    • @un725
      @un725 ปีที่แล้ว

      did you find that out? Because I'm curious as well ahahahahah

  • @madhumithah5802
    @madhumithah5802 ปีที่แล้ว +2

    60 hours a week??? I thought all y’all did a 9-5

  • @rachelsoe431
    @rachelsoe431 2 ปีที่แล้ว

    Part 2 Please!!!!

  • @jarrettlysek5842
    @jarrettlysek5842 2 ปีที่แล้ว +3

    Hey love your videos man, I am an incoming freshman at Clemson University and still don’t know what degree is more worth it Economics BS or Finance would you have any insight?

    • @KenjiExplains
      @KenjiExplains  2 ปีที่แล้ว

      Thank you! Can you not be undeclared for the first 2 years at Clemson? Just take some classes in both Econ and finance and see which one suits you best? To be honest, both degrees offer similar work opportunities, but perhaps Econ keeps a few more door open, while Finance is slightly more specific.

  • @davontawilliams3958
    @davontawilliams3958 ปีที่แล้ว +2

    I want to do investment banking at Goldman Sachs but too bad I go to a non target 😢

    • @wallstreetzoomer
      @wallstreetzoomer 2 หลายเดือนก่อน

      should've worked harder in high school.

  • @vaibhavsinha5211
    @vaibhavsinha5211 2 ปีที่แล้ว +2

    Hi Kenji ,just wanted to ask that is it necessary to have a background in finance for a career in Investment banking or can people from other streams with appropriate skill set can also make it big?

    • @KenjiExplains
      @KenjiExplains  2 ปีที่แล้ว +1

      No it's not necessary. There's people from all majors although numerical majors obviously are preferred. Best of luck if you decide to recruit!

    • @vaibhavsinha5211
      @vaibhavsinha5211 2 ปีที่แล้ว +1

      @@KenjiExplains Thanks for the response
      I am currently pursuing engineering and really looking to make it big in the field of Investment Banking
      Keep up the Good work 💪

  • @PK-eo8kp
    @PK-eo8kp 3 หลายเดือนก่อน

    Is the CFA a desired designation even for other fields than equity research?

  • @AM-gg6zw
    @AM-gg6zw 2 ปีที่แล้ว

    Could you make a video on your new career in tech and why you didn’t continue in IB?

    • @KenjiExplains
      @KenjiExplains  2 ปีที่แล้ว

      Noted! But in short i was more interested in tech and it was a better work life balance

  • @takshdhabalia1476
    @takshdhabalia1476 2 ปีที่แล้ว

    please make a video in quants

  • @sanskritisaxena14
    @sanskritisaxena14 2 ปีที่แล้ว

    Hi... Thank You for this video 🙂
    One question, what does a Financial Analyst does? Could you please make a part two as well?

    • @KenjiExplains
      @KenjiExplains  2 ปีที่แล้ว +2

      It's hard to say what a financial analyst does because the title is quite vague...but it's usually got to do with looking at financial numbers to determine what business decisions a company or person should be making like investing, raising money, saving etc.

    • @sanskritisaxena14
      @sanskritisaxena14 2 ปีที่แล้ว +1

      @@KenjiExplains Ohh okay.... Thanks Alot☺️

  • @rajeshthesamwise9802
    @rajeshthesamwise9802 ปีที่แล้ว

    Hello Kenji... I just want to know that if some one has not a bid academic background but has self taught about all the skills that required for investment banking... Then is there any chance to get there?

    • @Brian-xb7qv
      @Brian-xb7qv 9 หลายเดือนก่อน

      not, unless your buddy is the boss . Otherwise you have no chance

  • @AhiabaMike-nb9yy
    @AhiabaMike-nb9yy 2 หลายเดือนก่อน

    Pls can Bi -tech be studied at undergraduate

  • @youtubeyoutube2303
    @youtubeyoutube2303 ปีที่แล้ว +1

    60 hrs a week.. thank you, next!

  • @marek-hb1sh
    @marek-hb1sh 2 ปีที่แล้ว

    Which internship would you do to hold as many doors as possible open for a career in finance later on?

    • @KenjiExplains
      @KenjiExplains  2 ปีที่แล้ว +1

      probably big 4 accounting / consulting if you can't get an internship at a finance firm like an investment bank or asset manager.

  • @harshkuwar790
    @harshkuwar790 2 ปีที่แล้ว

    Kenji sir what are the facilities investment banking companies offer to their employees other than money?

    • @KenjiExplains
      @KenjiExplains  2 ปีที่แล้ว +1

      Hey its a prestigious job that’s high paying with a good number of exit opportunities…those are the main things

  • @Subhan_232
    @Subhan_232 2 ปีที่แล้ว

    What about Rx?

  • @RagingBull721
    @RagingBull721 2 ปีที่แล้ว

    Yeah I’m definitely switching over my boring and useless major in computer Science to accounting

    • @kingofkings9142
      @kingofkings9142 2 ปีที่แล้ว

      I thought comp science was interesting..... Accounting is repitative and boring mate.

  • @evangelineolaer8
    @evangelineolaer8 2 ปีที่แล้ว

    Hello there, You have an awesome vlog👍Can I cover Financial Technology program if I’m going to further my studies in Business Administration specialized in Banking & Finance?

    • @nycto16
      @nycto16 ปีที่แล้ว

      Yes you will.

    • @evangelineolaer8
      @evangelineolaer8 ปีที่แล้ว

      @@nycto16 Is it a nice course, meaning a productive but a stress-free career in Finance? thank you

    • @nycto16
      @nycto16 ปีที่แล้ว +1

      @@evangelineolaer8 It's interesting, I don't know career wise but it could be stress-free as compared to other areas of finance.

    • @evangelineolaer8
      @evangelineolaer8 ปีที่แล้ว

      @@nycto16 Hi! that’s why i will change my career from accounting to finance 😊

    • @nycto16
      @nycto16 ปีที่แล้ว +1

      @@evangelineolaer8 Hi! accounting is super hard and boring haha, finance is hard too but better than accounting and so interesting!

  • @jasper4991
    @jasper4991 2 ปีที่แล้ว

    Right

  • @MrSumansai
    @MrSumansai 2 หลายเดือนก่อน

    Please do for mba gap students😢😢😢😢

  • @NinaWagner-Fors
    @NinaWagner-Fors 2 ปีที่แล้ว +2

    👍 👍

  • @bobcatdidi8188
    @bobcatdidi8188 2 ปีที่แล้ว

    Some companies use the name equity analysis is this just the same as equity research?

    • @KenjiExplains
      @KenjiExplains  2 ปีที่แล้ว +1

      Probably but hard to say without seeing the job description

    • @bobcatdidi8188
      @bobcatdidi8188 2 ปีที่แล้ว

      @@KenjiExplains So it could depend on how the company sees the title?

  • @AmericanBulldogFit
    @AmericanBulldogFit ปีที่แล้ว +3

    Highschool diploma. Work your way up in retail banking. Become a senior FA or branch manager. Make $100K/yr. The idea one needs an expensive, "target school" degree is complete bullshit. No? Then earn a degree from a local, inexpensive university and go work in wealth management. Obtain your CFP designation. I know guys

    • @JulepPoort
      @JulepPoort หลายเดือนก่อน

      Hi! Can you tell me more about this? Do they make that much working in wealth management? Do you have any recommendations for how to go about such a path?

  • @a10qt
    @a10qt 8 วันที่ผ่านมา

    anyone from india thinks kenji looks exactly like dhruv rathee..??

  • @hollowinyourface3617
    @hollowinyourface3617 2 ปีที่แล้ว +1

    Hi Kenji, I am 2nd year uni student that wants to break in to IBD, I am concern with my knowledge with the technical skill required, what did you do to prepare or learn the technical skills required for the role? such as valuation and LBO analysis etc.

    • @KenjiExplains
      @KenjiExplains  2 ปีที่แล้ว +1

      I wouldn’t worry about the technical skills so much you usually learn them on the job. So you just need the basics to do well in interviews. Id recommend taking some financial accounting and corporate finance classes in university if you can

  • @xmontoya15
    @xmontoya15 ปีที่แล้ว

    Do I really need to be good at math?

  • @user-bc4vc4gf5t
    @user-bc4vc4gf5t 2 ปีที่แล้ว

    Word of advise, the crypto market can be very tricky especially for newbies. If it hadn’t been with the help of my broker Mrs. Sarah Pearson whom i can’t thank enough. I had already given up on crypto after loosing so much money.

  • @DuceGlobal
    @DuceGlobal ปีที่แล้ว

    So 12 hours hours a day? Lmao yeah uhh…

  • @auschwitz01
    @auschwitz01 2 หลายเดือนก่อน

    Put a rainbow or LGBT flag in your profile photo and your investments will gain value.

  • @youtubeyoutube2303
    @youtubeyoutube2303 ปีที่แล้ว

    60 hrs a week.. thank you, next!