What’s funny is that big tech companies will pay even more than investment banks. Right now Facebook and Amazon pay new grads around $200k The hours in tech are also much more normal.
Yeah but investment banking offers more growth potential. If you stick with banking you can be racking in millions, whereas software engineers at big tech have a lower pay ceiling
makes a lot of money but not for me. not only is it too many hours, going down that career path means that’s what you will do unless you change careers. id hate to make all this money just to not have time to spend it or enjoy any of it. my dad is a lawyer from UVA law. he also got into Upenn law. i would not go down his route after seeing how much he travels. he opened his own firm just so that he wouldn’t have to travel 300+ days a year
What are you talking about? these kids are making 100k+ a year as interns... they can stop working if they want to and just invest to expand their capital. They don't have to keep working if they don't want to lmao. Law is different. Obviously you'll stick with being a lawyer if you've already spent so much time studying it at school.
@@Ivanbetancxurt i wasnt hating on their obvious success. i was saying how it wouldn’t be for me because of the hours and then gave an anecdote of personal experience. they are on a route no doubt. once you work at a law firm employers will constantly wonder why you are applying to a position outside of law as most that can stick with the law field once they are in it for the benefits and salaries. if you apply to do something else they will notice that you left and wonder why. it is surely possible to leave the industry and transition into something else. on top of that they have an amazing education in general, but many of us don’t attend ivy league schools and can’t make the transition as easily as they could. i would not go down that route, and i wouldn’t advise others to do it unless they had an obsession with wealth. money can be achieved in many ways and hopefully it can be achieved in doing something you enjoy most. some people (but not most) do not enjoy working in a law firm because of its cutthroat and competitive environment for more than a few years. this makes sense. there are plenty of industries that pay similarly but are not as fierce.
It’s really just a three year grind after college until you exit to a buy side (hedge fund) job or pursue an MBA. The following positing are much less hours per week still working on a lot of the same projects
For anyone who’s feeling down: Romans 8:18 “The pain you’ve been feeling can’t compare to the joy that is coming!” John 3:16 “For God so loved the world that He gave His only begotten Son that whosoever believes in Him shall not perish but have eternal life.” Whatever is going on right now, have faith, your situation will get better. :) Jesus bless anyone reading this and have a great day!!🥰✨💖
A newly admitted NYU Stern (class of 27) student watching this lol I’ve heard that Stern is really competitive in terms of internships, as a lot of students start looking for internships really early. This interview was pretty helpful because I’m trying to picture my future life and I’m wondering whether I should/want to go into Wall Street, since Stern is a major Wall Street feeder school.
What career would you like to learn about next? CHECK OUT MY NEW 'HOW TO GET IN PLAYLIST' th-cam.com/video/MlsuztCg5QA/w-d-xo.html!! Ivy Leagues, Internships, Jobs!! This playlist highlights how to get into your dream school/dream job!
@@jeerdace8625 Make friend, join club. Find the rich people and hang with them. But please dont change yourself and try to become them. If you want real friensgio go ahead.
Non-target here and landed an offer at one of the banks mentioned with no prior connections. Mindset is key. Your mindset is unfortunately a losing one.
Wow I am doing something wrong. I am interning at a rehab facility in NYC at 15 bucks and hour no benefits pursuing my BAS in computer science. This is eye opening.
Any school? B.S. 🤣You stand little to no chances of breaking into IB on Wall Street unless you're from an ivy league or from a top non-ivy league, e.g. Duke, MIT, Northwestern, Stanford, etc.
I feel useless listening to these ivy league alumni. They are making money that i will probably never see in my lifetime. And I'd feel lucky just making 50k a year tbh 😭. 90k would be a dream. You could retire early and simply enjoy life. And I'm about to receive my bachelor's degree this upcoming spring. Hopefully i will never have to compete against these highly talented individuals. Or else, i can say bye bye to any future careers
You are underestimating your self, These people who attended your Ivy League schools are no geniuses, they are normal people like you who just have goals and are dedicated. They have the right mindset. I’m telling you this because I have a friend from high school who is now studying economics at harvard, he is just a normal guy who worked hard and was dedicated to get into harvard. And you can make even more than 90k a year if you wanted to. Like I said it’s all about knowing where the money is and working hard towards it. Currently I’m majoring in computer science cause I want to learn how to code. I want to learn computer science because I want to create apps for the internet, maybe video games and sell them. Idk maybe get an internship with google and work as a software engineer for them. which I think that if I’m successful I can make a lot of money. Nowadays everyone can become a millionaire, there’s lots of ways of making money these days. If you are not a millionaire is because you don’t want to.
Thank you so much for posting this video! I am a Junior and high school right now and I am currently interested in majoring in finance or business admin in order to later go into a career in finance. This video helped give me different perspectives on the field and helped me solidify that this is most definitely what I want to do. I just have one question though. My parents currently aren’t keen on me leaving my state to go to university. I live in Texas and the only two good business schools here are UT Austin(McCombs) and Rice. My question is would you say these two school are pretty good feeders into wall street or jobs in IB in general? Thank you so much for the video again!
If you get Austin (especially with a scholarship) take it. Only go out of state if you get into some seriously good schools (at least top 20 in the us) with some sort of scholarship. Poets and quants has a list of feeder schools for the top IB firms.
friend. me too. i wanna teach disabled students but after seeing this i’m like nahhhh. but after hearing these peoples hours they put in. will they even enjoy what they’re doing? but to each his own you know!
If you enjoy what you do, stick with it. Better off grinding what you love and finding the best way to earn that way then hate ur life doing something you don’t enjoy. Tho, I wish I liked finance enough to have done this in college 😂 I
Been there done that. Never again! ✌🏾 My time on Earth is a lot more valuable than to be enslaved for $80k-100k per year salary. That is why I'm building my own and living a purposeful life. 😜
@cliff lol, simple statistics meaning a one semester course in statistics? That’s not statistics. I’m talking about doing the theory and math at an undergrad level. Not everyone knows the theory well. They just know how to do a t test and that’s it
@cliff most entry level positions at investment banks are not challenging in terms of the skills needed to perform well. The only thing that matters is how well you can cope with 100 hour weeks of adjusting logos, changing color schemes, and typing numbers into excel. Quant work is the only example I can think of that is extremely math-heavy and challenging
I see that as a good and bad thing. You can stack your bread up a lot easier, and just miss some stuff. But when you’re done interning you’ll have some money to do what you want responsibly.
The same kids who want these dead no life high paying big name Goldman jobs, who will cry a few months later about how crap they were treated and complain. Be like me, i work in corporate sustainability transforming companies towards better standards. I just don't have the time nor will to make videos about it.
@@tymma3714 from what I understand, diversity hiring would mean that between two candidates (one Asian and better qualified, and one black), the black candidate would get hired.
are you implying they made it because of diversity? lol wall street doesn't care about that. the people here excelled before college and then most likely excelled during college as well. they were definitely strong candidates and that's why they got hired.
@@calamorta This is not true. There are special programs only for racial minorities, only for women, only for LGBT, etc. Literally straight white men need not apply.
Please stop. There is no reason to post such a comment under a video like this especially when you wouldn't comment 'white privilege' if this video had all white students in it.
@@liisamazingayye6710 yes, the video does say this. But most of these BBs, Big 4, and boutique firms primarily only take candidates from Ivies and other "target" schools with similar "prestige", with a tiny sprinkle of candidates from lower ranking schools. My point being, this video is kinda useless to me. If you attend an Ivy its pretty much solidifed the name of your school will open doors for you. I would be more intrigued if I saw Black students from hbcus, state schools, etc., who actually had to hustle to get in to these internships.
Could you please bring back international students and ask them abt their experiences with jobs/internships??
They probably cant find any lol
@@tyler_7749 One of the girls in the video literally said she's an international student...
@@tyler_7749 I know international students who got internships lol
I am an international student yes
As a 21 year old getting an MBA in the financial district, this was inspiring to watch. I love to see the Black excellence! Proud of you all!!
Imagine what Tulsa could have looked like today.
What’s funny is that big tech companies will pay even more than investment banks. Right now Facebook and Amazon pay new grads around $200k
The hours in tech are also much more normal.
Yeah but investment banking offers more growth potential. If you stick with banking you can be racking in millions, whereas software engineers at big tech have a lower pay ceiling
@@DP-vo2kb not what you earn but what you invest
@@dac8939 the more you the more you can invest
@@dubreil07 Agreed. Cash is king. Take the millions you earn and buy the tech stock instead
Then you get into the prop firms and hedge fund's that pay double big tech, with the same amount of hours.
makes a lot of money but not for me. not only is it too many hours, going down that career path means that’s what you will do unless you change careers. id hate to make all this money just to not have time to spend it or enjoy any of it. my dad is a lawyer from UVA law. he also got into Upenn law. i would not go down his route after seeing how much he travels. he opened his own firm just so that he wouldn’t have to travel 300+ days a year
What are you talking about? these kids are making 100k+ a year as interns... they can stop working if they want to and just invest to expand their capital. They don't have to keep working if they don't want to lmao. Law is different. Obviously you'll stick with being a lawyer if you've already spent so much time studying it at school.
@@Ivanbetancxurt i wasnt hating on their obvious success. i was saying how it wouldn’t be for me because of the hours and then gave an anecdote of personal experience. they are on a route no doubt. once you work at a law firm employers will constantly wonder why you are applying to a position outside of law as most that can stick with the law field once they are in it for the benefits and salaries. if you apply to do something else they will notice that you left and wonder why. it is surely possible to leave the industry and transition into something else. on top of that they have an amazing education in general, but many of us don’t attend ivy league schools and can’t make the transition as easily as they could. i would not go down that route, and i wouldn’t advise others to do it unless they had an obsession with wealth. money can be achieved in many ways and hopefully it can be achieved in doing something you enjoy most. some people (but not most) do not enjoy working in a law firm because of its cutthroat and competitive environment for more than a few years. this makes sense. there are plenty of industries that pay similarly but are not as fierce.
You got a very smart dad!
@@NathanReyes. couldn’t help but notice your uva icon lmao
It’s really just a three year grind after college until you exit to a buy side (hedge fund) job or pursue an MBA. The following positing are much less hours per week still working on a lot of the same projects
For anyone who’s feeling down:
Romans 8:18 “The pain you’ve been feeling can’t compare to the joy that is coming!” John 3:16 “For God so loved the world that He gave His only begotten Son that whosoever believes in Him shall not perish but have eternal life.” Whatever is going on right now, have faith, your situation will get better. :) Jesus bless anyone reading this and have a great day!!🥰✨💖
Target vs Non target is a very important topic they should’ve touched on.
I’m currently working on Wall Street and I make no where near that. But the connects and networks you can make are priceless!!
11000 a WHAT???!!??
First Step: Go to IVY
No just make those connections at college
Not really. Better to be top 10% at a state school than middle in an ivy
Ivy League career hustlers, ambition and wall street financial con games...a marriage made in hell for the average citizen!
Loved taking part ! Wish I had this when applying 👏🏾👏🏾👏🏾 amazing idea Dom
Pls make more videos on your channel your Awesome 🤩
A newly admitted NYU Stern (class of 27) student watching this lol
I’ve heard that Stern is really competitive in terms of internships, as a lot of students start looking for internships really early.
This interview was pretty helpful because I’m trying to picture my future life and I’m wondering whether I should/want to go into Wall Street, since Stern is a major Wall Street feeder school.
Thank you so much for these videos. They're honestly so helpful to prospective college students!
Lol my internship didn't even pay me.
What career would you like to learn about next?
CHECK OUT MY NEW 'HOW TO GET IN PLAYLIST' th-cam.com/video/MlsuztCg5QA/w-d-xo.html!! Ivy Leagues, Internships, Jobs!! This playlist highlights how to get into your dream school/dream job!
Hey! Could you please make a video on physics research internships?
VC/PE
I would love to see a video of medical students or residents. Love your videos
nursing please!!
and please do like some african american students😭😭 we struggling out here
Make connection in uni and high school. Use your time there wisely.
How should I make connections in uni?
@@jeerdace8625 Make friend, join club. Find the rich people and hang with them. But please dont change yourself and try to become them. If you want real friensgio go ahead.
Being an ivy league student is 80% of the battle lmao
rest 20% goes to being black
@@yimingzhu9118 a really high percentage of Ivy league student are white ?
Non-target here and landed an offer at one of the banks mentioned with no prior connections. Mindset is key. Your mindset is unfortunately a losing one.
@@kelvinboahen7348 This is actually false. It’s the only race that’s actually underrepresented in comparison to the US makeup.
Remembering 💜BLACK WALL STREET..👀 🔥 👑😭😭😭
Rip to those of Tulsa
Wow I am doing something wrong. I am interning at a rehab facility in NYC at 15 bucks and hour no benefits pursuing my BAS in computer science. This is eye opening.
Get the fuck out. Go find an actual company. MOVE IF YOU HAVE TO.
@cliff Thank you for those encouraging words because at times I feel like I'm stuck.
Yes!!! Represent black excellence!!! This is amazing
Racist
When was this video recorded? I feel like she recorded this and just did not post it for a while.
Yes, it seems like an old vid. One of the guys is wearing the smae shirt in another vid. I don't mind it being an old vid since it's pretty useful.
Any school? B.S. 🤣You stand little to no chances of breaking into IB on Wall Street unless you're from an ivy league or from a top non-ivy league, e.g. Duke, MIT, Northwestern, Stanford, etc.
agreed wall street definitely has a bias for top schools, esp for entry level - it's an exclusive club
Non-target here and landed an offer at one of the banks mentioned with no prior connections. Know people who have done so as well.
@@raghav9832 tipssss
i’m loving the black excellence
I feel useless listening to these ivy league alumni. They are making money that i will probably never see in my lifetime. And I'd feel lucky just making 50k a year tbh 😭. 90k would be a dream. You could retire early and simply enjoy life.
And I'm about to receive my bachelor's degree this upcoming spring. Hopefully i will never have to compete against these highly talented individuals. Or else, i can say bye bye to any future careers
You are underestimating your self, These people who attended your Ivy League schools are no geniuses, they are normal people like you who just have goals and are dedicated. They have the right mindset. I’m telling you this because I have a friend from high school who is now studying economics at harvard, he is just a normal guy who worked hard and was dedicated to get into harvard. And you can make even more than 90k a year if you wanted to. Like I said it’s all about knowing where the money is and working hard towards it. Currently I’m majoring in computer science cause I want to learn how to code. I want to learn computer science because I want to create apps for the internet, maybe video games and sell them. Idk maybe get an internship with google and work as a software engineer for them. which I think that if I’m successful I can make a lot of money. Nowadays everyone can become a millionaire, there’s lots of ways of making money these days. If you are not a millionaire is because you don’t want to.
What I see is a group of hardworking and intelligent people. People. Nothing about the color of their skin.
Thanks for having me on!
Hi Dominique. How does recent graduate in Finance (BA) better their chances at attaining an internship?
Thx you so much for the video ✨
I’m fluent in price action and have a good day trading strategy looking to go to New York no idea what to do going through bad partnership
Thank you so much for posting this video! I am a Junior and high school right now and I am currently interested in majoring in finance or business admin in order to later go into a career in finance. This video helped give me different perspectives on the field and helped me solidify that this is most definitely what I want to do.
I just have one question though. My parents currently aren’t keen on me leaving my state to go to university. I live in Texas and the only two good business schools here are UT Austin(McCombs) and Rice. My question is would you say these two school are pretty good feeders into wall street or jobs in IB in general?
Thank you so much for the video again!
I have heard UT Austin is good feeder from students there
If you get Austin (especially with a scholarship) take it. Only go out of state if you get into some seriously good schools (at least top 20 in the us) with some sort of scholarship. Poets and quants has a list of feeder schools for the top IB firms.
@@inbracedefeat Thank you for the advice, will definitely be checking that out.
Much harder to get on WS without Ivy League education, however, Goldman and other larger banks have large offices in TX.
UT Austin is a great program. SMU is another school to consider as a backup they give a lot of scholarships. Would take Rice over both.
How can I find all of them on linkedin?
Could you do one for consulting?
Can you do this with Computer Science?
You can try being a quant trader
Yes
They’re all undergraduate right?
could you please do engineering?
lol as a psychologyst during an entire year of internship for FREE i kinda regret my college choice :(
friend. me too. i wanna teach disabled students but after seeing this i’m like nahhhh. but after hearing these peoples hours they put in. will they even enjoy what they’re doing? but to each his own you know!
The greed is no reason to let go of doing something good.
If you enjoy what you do, stick with it. Better off grinding what you love and finding the best way to earn that way then hate ur life doing something you don’t enjoy. Tho, I wish I liked finance enough to have done this in college 😂 I
You wrote “let’s here” in ur description instead of “let’s hear” 🤣
Been there done that. Never again! ✌🏾 My time on Earth is a lot more valuable than to be enslaved for $80k-100k per year salary. That is why I'm building my own and living a purposeful life. 😜
Sure.....
@@dumi9606 🤭😘
It's good money but IT is better specifically software engineer, with some experience you can easily make more than 200k
how do these people work these internships while they're in school.
Summer internships
do tech next!
What is the student's name who interned at D.E. Shaw?
AWESOME video
This is dope
No way I can ever get there I’m going to a far from target school
I'm here studying sociology 😭😭😭
😭😭😭😭😭😭😭😭
Do they enjoy it :(
Do people with statistics + math backgrounds do well in those positions?
@cliff lol, simple statistics meaning a one semester course in statistics? That’s not statistics. I’m talking about doing the theory and math at an undergrad level. Not everyone knows the theory well. They just know how to do a t test and that’s it
@cliff most entry level positions at investment banks are not challenging in terms of the skills needed to perform well. The only thing that matters is how well you can cope with 100 hour weeks of adjusting logos, changing color schemes, and typing numbers into excel. Quant work is the only example I can think of that is extremely math-heavy and challenging
Lol I work in the humanitarian field at one of the top global NGOS. They legit make 1/4th of my yearly salary in a month. That’s wild.
Because their work actually brings in revenue.
Please do this with law 🙏 😫
imagine being this person 14:24
thank u dominique
1. go to ivy league
Lots of money, but lots of hours too. Won’t even get enough time to spend/enjoy it lmao
I see that as a good and bad thing. You can stack your bread up a lot easier, and just miss some stuff. But when you’re done interning you’ll have some money to do what you want responsibly.
all black everything all black everything
Black excellence!
Racist
No excellence just getting hand outs for diversity
Step 1 get into an Ivy League.. Well I give up.
Dbro these ppl are in college like wtf
I get about as much in passive income from NFTs at 22 crazy world we live in
The same kids who want these dead no life high paying big name Goldman jobs, who will cry a few months later about how crap they were treated and complain.
Be like me, i work in corporate sustainability transforming companies towards better standards. I just don't have the time nor will to make videos about it.
All these firms have diversity hiring. A lot easier for African Americans than Asians or whites
and yet, blacks are extremely underrepresented in these fields. Diversity hiring doesn't equate to an easier path
@@tymma3714 from what I understand, diversity hiring would mean that between two candidates (one Asian and better qualified, and one black), the black candidate would get hired.
@@angeliquewu8318that’s not how it works
i’ll tell you how to get in: diversity lol
are you implying they made it because of diversity? lol wall street doesn't care about that.
the people here excelled before college and then most likely excelled during college as well. they were definitely strong candidates and that's why they got hired.
Big banks literally run programs for students that are specifically not “white”
@@calamorta This is not true. There are special programs only for racial minorities, only for women, only for LGBT, etc. Literally straight white men need not apply.
@@A-rk3dn so you think the only way for a black person to get a good job is because of a diversity quota? Just say you are racist and move on lol
@@danielcoulson8028 please read about it. Every finance job has a quota for black candidates. I’m not racist, Indians and Asians don’t have this.
Black privilege
Please stop. There is no reason to post such a comment under a video like this especially when you wouldn't comment 'white privilege' if this video had all white students in it.
more like Ivy league/elitism privilege
@@foreverbrit97 I mean....it does say Ivy League students soooo
@@liisamazingayye6710 yes, the video does say this. But most of these BBs, Big 4, and boutique firms primarily only take candidates from Ivies and other "target" schools with similar "prestige", with a tiny sprinkle of candidates from lower ranking schools.
My point being, this video is kinda useless to me. If you attend an Ivy its pretty much solidifed the name of your school will open doors for you. I would be more intrigued if I saw Black students from hbcus, state schools, etc., who actually had to hustle to get in to these internships.
@@foreverbrit97 ah I got you