Investment Banking vs. Management Consulting Pay! (Salaries, Bonuses, Perks, and More)

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  • เผยแพร่เมื่อ 19 มิ.ย. 2024
  • In this video, I discuss compensation for investment banking and management consulting.
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    0:39 - Investment Banking Compensation
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    7:32 - Comparing the Two
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ความคิดเห็น • 47

  • @rareliquidcareers
    @rareliquidcareers  2 ปีที่แล้ว +8

    If you're interested in investment banking recruiting, I highly suggest the courses by Wall Street Prep! The premium financial modeling course in particular will really help you gain a solid understanding of key concepts like comps, DCFs, accretion dilution, LBOs, and more. You can always learn about these topics through the existing guides out there but that course you'll actually be building models and putting theory into practice which will help you better understand technicals and answer those questions during interviews.
    Use my code RARELIQUID for 20% OFF on any course!
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    • @noseface8807
      @noseface8807 2 ปีที่แล้ว +1

      I am taking the premium course in WSP. Too bad that I can’t use the 20% off code. But it is true that the course is really helpful to understand the technicals.

  • @rajon7231
    @rajon7231 2 ปีที่แล้ว +14

    Your videos are really helpful considering career path. Always thanks a lot!

  • @lachlanlancaster1952
    @lachlanlancaster1952 2 ปีที่แล้ว +1

    Great video. Really loving the videos. Thanks for all the help!

  • @JayNarayanan
    @JayNarayanan 2 ปีที่แล้ว +3

    Great video, Ben! Amazing to see how you've improved in editing videos.

    • @rareliquidcareers
      @rareliquidcareers  2 ปีที่แล้ว

      thanks! although my editor edits everything haha

  • @Kazakhwoman
    @Kazakhwoman ปีที่แล้ว

    Thank you🎉🔥🔥

  • @YasinNabi
    @YasinNabi 2 ปีที่แล้ว +1

    every small habit can be the start of a big change in life.....

  • @cadenpok236
    @cadenpok236 2 ปีที่แล้ว +1

    Hi Ben! I love your videos! Would you be willing to make a video on sales and trading? Thanks!

    • @rareliquidcareers
      @rareliquidcareers  2 ปีที่แล้ว

      Sure thing!

    • @andytingey
      @andytingey 2 ปีที่แล้ว

      You don’t need to know everything about the financial markets and crypto trading before actually starting to earn and learn from the comfort of your home. I’m so grateful to mentor ashley he helped me recoverd 11-25% of my crypto portfolio during these dip.

  • @jackperry6269
    @jackperry6269 2 ปีที่แล้ว +1

    Your videos are great

    • @rareliquidcareers
      @rareliquidcareers  2 ปีที่แล้ว +1

      thanks!

    • @jackperry6269
      @jackperry6269 2 ปีที่แล้ว

      @@rareliquidcareers can you do a video on start-ups for undergraduates and graduates? A guide to getting in and what to expect. Also could you do a video for tech graduates? Interested in learning about getting in, experience, salary at google, palantir etc.

  • @arijit.Bhowmik_aj
    @arijit.Bhowmik_aj 7 หลายเดือนก่อน

    is there a pay diffrence from geograpicg locations ? asking for SIngpaore to us pay difference

  • @barryaherne215
    @barryaherne215 2 ปีที่แล้ว

    In b4 this hits 200k!

  • @mjt_00
    @mjt_00 ปีที่แล้ว

    What do they prefer? A master in finance and directly associate or undergraduate/bachelor degree and start as analyst?

  • @riccardovianello7710
    @riccardovianello7710 ปีที่แล้ว +1

    Is the salaries in Switzerland near to that?

  • @highlighthouse1699
    @highlighthouse1699 2 ปีที่แล้ว

    How much money goes to ur pocket co
    Pared to the money ur forced to invest or put in equity

  • @PiteroZaur
    @PiteroZaur 2 ปีที่แล้ว +1

    Could you do the same comparison for hedge funds and private equity funds?

    • @rareliquidcareers
      @rareliquidcareers  2 ปีที่แล้ว +9

      can try! but usually hard to find data for comp figures as it's way more variable for buy side firms vs. consulting and banking which are much more structured

    • @PiteroZaur
      @PiteroZaur 2 ปีที่แล้ว

      @@rareliquidcareers pls try ;)

    • @andytingey
      @andytingey 2 ปีที่แล้ว

      @@PiteroZaur The financial market is very bearish at this moments and investors are likely to lose profits well I feel blessed to be trading on the best automated platform ever. Expert Ashley is just like a God in the crypto world he help me earn 14-29 % profits even when the market is bearish he keeps coming through.

  • @chuatianwan403
    @chuatianwan403 2 ปีที่แล้ว +4

    hi Ben, thx for video! definitely learnt a lot of wats the expected life as an investment banking analyst! Would like to ask if there's any chance for Malaysians that don't have degree in top 10-25 universities in US to actually get into the job? (I got my undergraduate in Universiti Malaya, Malaysia's leading uni) Recently I've gotten application update of interview in progress for jpmorgan & goldman, though still waiting now for next stage, hope to hear from u soon!

    • @rareliquidcareers
      @rareliquidcareers  2 ปีที่แล้ว +1

      hm not sure what it's like in malaysia sorry :/ wish you the best of luck though!

    • @andytingey
      @andytingey 2 ปีที่แล้ว

      You can actually dive into crypto trading it’s more profitable and you can work from the comfort of your home to earn 11% -20% of your portfolio.

  • @therearenofactsonlyinterpr3780
    @therearenofactsonlyinterpr3780 2 ปีที่แล้ว +1

    I was earning X when I was working in big international consulting firm
    now I am a mere freelancer,, work 20-30% less compared to my time in the firm... but able to earn 2X
    *consulting = glorified underpaid job*

    • @rareliquidcareers
      @rareliquidcareers  2 ปีที่แล้ว

      that's great! consulting can be a great stepping stone to provide the skillsets for other opportunities, potentially like your current freelancing role and my youtube channels which earn me more with less hours and my own lifestyle. so all in all, banking was worth it for me

  • @mileslee9844
    @mileslee9844 2 ปีที่แล้ว

    Bain base is $100 K not $90 K

  • @francescomorgante1496
    @francescomorgante1496 2 ปีที่แล้ว

    These would by in a city like NYC right?

    • @rareliquidcareers
      @rareliquidcareers  2 ปีที่แล้ว

      SF, NY, LA will pay like these. other satellite offices may pay a bit less but will be around the same ballpark if not the same across the US

    • @francescomorgante1496
      @francescomorgante1496 2 ปีที่แล้ว

      @@rareliquidcareers thanks, great content!
      Nice to see you are also answering questions promptly!

  • @nathanluo3822
    @nathanluo3822 ปีที่แล้ว +1

    Are these compensation before tax or after tax? What would be the tax rate for investment banking?

  • @saptarshidassss271
    @saptarshidassss271 2 ปีที่แล้ว

    How will be ACCA before MBA finance ???? And what's the salary of ACCA in usa ?

    • @hehe-zt4zy
      @hehe-zt4zy 2 ปีที่แล้ว

      please answer

    • @rareliquidcareers
      @rareliquidcareers  2 ปีที่แล้ว

      have no idea what ACCA is sorry

    • @hehe-zt4zy
      @hehe-zt4zy 2 ปีที่แล้ว

      @@rareliquidcareers really

  • @darshitshah7095
    @darshitshah7095 2 ปีที่แล้ว +2

    Is CFA worth pursuing in today’s times ?

    • @Leven727
      @Leven727 2 ปีที่แล้ว

      i’m wondering that too

    • @rareliquidcareers
      @rareliquidcareers  2 ปีที่แล้ว

      depends what your goals are but for banking / consulting it's not necessary

    • @lskknl10
      @lskknl10 ปีที่แล้ว

      no. mba is better

    • @Leven727
      @Leven727 ปีที่แล้ว

      @@lskknl10 y

  • @bobbobby7749
    @bobbobby7749 2 ปีที่แล้ว +8

    Sorry but I think you’re way too biased towards the “1A” bulge brackets. Almost anyone serious about finance/IB regards the top EBs (evercore, Pjt, centerview) as more prestigious and better quality than JPM, Morgan Stanley, and even some groups at Goldman

    • @rareliquidcareers
      @rareliquidcareers  2 ปีที่แล้ว +1

      i just separated them as top 3 bulge bracket banks and then top tier boutiques. i know many take boutiques over the top 3 (while few would in consulting where MBB is much more in its own class). thanks for pointing this out though!