How to Prepare for Investment Banking as a Freshman

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  • เผยแพร่เมื่อ 10 ม.ค. 2025

ความคิดเห็น • 135

  • @alek_lind
    @alek_lind 4 ปีที่แล้ว +48

    This is exactly the advice I was looking for. Very informative. Loved the action points structure.

  • @ThinkSleek
    @ThinkSleek 9 หลายเดือนก่อน +3

    I’m starting school this fall I’m so excited. I have a daily routine plan of learning about finance.

    • @SethuChandra
      @SethuChandra 6 หลายเดือนก่อน

      can you tell me more about this?

  • @tchit8792
    @tchit8792 4 ปีที่แล้ว +147

    In a few years the process is going to start during senior year of high school 😂

    • @Salem-no8hc
      @Salem-no8hc 3 ปีที่แล้ว +12

      I’m senior year and already starting 😭😭

    • @thetimemaster1475
      @thetimemaster1475 ปีที่แล้ว +1

      Bro I started the process as a sophomore in high school 😂

    • @manman552
      @manman552 ปีที่แล้ว

      How did u start? What did u do?

    • @bokoaruka9819
      @bokoaruka9819 9 หลายเดือนก่อน

      Im a sophomore and starting now too 😂​@@thetimemaster1475

    • @jrbn4026
      @jrbn4026 5 หลายเดือนก่อน

      @@manman552 just start learning about technicals, the industry and learning in general. Like from Square 1, do some financial accounting online course, the Martin Shrkeli lessons are super good beginner intros, then going into BWIS 400 ib questions or their dcf guides, learning that now would help you so much

  • @kenlin9664
    @kenlin9664 3 ปีที่แล้ว +7

    Being a senior in hs. This nice for next year.

    • @samcuevas4326
      @samcuevas4326 8 หลายเดือนก่อน

      How’s it going bro

  • @prasad_create2687
    @prasad_create2687 10 หลายเดือนก่อน

    I am pivoting from Engineering and have completed my masters thru an accelerated program this video was informative with newsletter

  • @EvadeModsRGH
    @EvadeModsRGH 4 ปีที่แล้ว +8

    Thank you man! Starting college next week from a non target so I’m going to get started asap

    • @Gdrtffd
      @Gdrtffd 4 ปีที่แล้ว

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      *+ 1 9 1 7 2 6 8 1 0 8 7*
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    • @ThinkSleek
      @ThinkSleek 9 หลายเดือนก่อน

      How is it going so far?

  • @francisegan1262
    @francisegan1262 3 ปีที่แล้ว +3

    So much for meeting people in finance and going to investment clubs in first-year lol. I spent the entire year reading textbooks and on zoom calls. Hoping that there are more in-person events this year.

    • @PeakFrameworks
      @PeakFrameworks  3 ปีที่แล้ว

      I know a lot of investment clubs that still did virtual meetings, but too bad if your school didn't. I would also argue it's probably easier to meet people over Zoom calls / phone calls now. Good luck!

    • @Dertheus
      @Dertheus 4 หลายเดือนก่อน

      Hows it going

  • @andrepulumbarit6367
    @andrepulumbarit6367 3 ปีที่แล้ว +3

    Thank you soo much this was so helpful I hope your youtube blows up so that you continue making this content

  • @willqsi
    @willqsi 4 ปีที่แล้ว +3

    Canadian freshman here, very informative video. Keep it up!

    • @reminos9444
      @reminos9444 11 หลายเดือนก่อน

      how's it going?

  • @raychristopher7797
    @raychristopher7797 2 ปีที่แล้ว +70

    We are already in a big crash Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.

    • @harrisonjamie794
      @harrisonjamie794 2 ปีที่แล้ว

      Well said! I am also here to learn how to invest after listening to a lady on tv talk about the importance of investing and how she made 7 figures in 3 months, somehow the video taught me nothing and left me even more confused, I'm a newbie and I'm open to ideas on how to invest for retirement

    • @raychristopher7797
      @raychristopher7797 2 ปีที่แล้ว

      @@harrisonjamie794 lookup *PRISCILLA DIANE AIVAZIAN* , this is her name online, she's the real investment prodigy since the crash and has helped me recover my loses

    • @harrisonjamie794
      @harrisonjamie794 2 ปีที่แล้ว

      @@raychristopher7797 Thank you so much! Found her webpage and left a message. Hopefully, she responds.

  • @PeakFrameworks
    @PeakFrameworks  4 ปีที่แล้ว

    Yoooooo this video was sponsored by DataCamp. You can learn how to use data in business and future proof your career by checking out DataCamp. Click here to take the first chapter of any course for FREE: bit.ly/2G3a5uU

  • @rileyheiman1161
    @rileyheiman1161 4 ปีที่แล้ว +4

    Thank you Matt for the great insight and positivity!

  • @hodgelive
    @hodgelive 3 ปีที่แล้ว +2

    i’m a high school senior, admitted to Gies Accounting and Finance, planning on being in the Investment Banking Academy which guarantees internships.

    • @PeakFrameworks
      @PeakFrameworks  3 ปีที่แล้ว

      Never heard of this, but looks cool! Good luck!

    • @justinly3418
      @justinly3418 3 ปีที่แล้ว

      Yo Same! I’m a freshman right now.

    • @Dertheus
      @Dertheus 4 หลายเดือนก่อน

      How it going now

  • @nathanhayes8523
    @nathanhayes8523 4 ปีที่แล้ว +2

    So glad I found your channel, thank you!

  • @ethankiaei897
    @ethankiaei897 4 ปีที่แล้ว +14

    Could you please post the list of words that you compiled as a freshman??

    • @seanholmes6875
      @seanholmes6875 3 ปีที่แล้ว +2

      Do you know if he ever dropped it?

  • @bhavikreddy4712
    @bhavikreddy4712 4 ปีที่แล้ว +1

    The video I have been waiting for

  • @kobydillad7884
    @kobydillad7884 4 ปีที่แล้ว +13

    I was wondering if rushing frats would be beneficial. Instead of regular frats maybe I could rush business oriented frats

    • @kamryncannon5988
      @kamryncannon5988 4 ปีที่แล้ว +2

      Rush the business frat, learn from the sophomores and juniors, get close with the seniors so you could get a referral

    • @PeakFrameworks
      @PeakFrameworks  4 ปีที่แล้ว +5

      Yeah business frats are generally helpful. Very school dependent though, I would just always check the stats to see if it's actually going to be beneficial to your career placement.

  • @miguelcarvalho2954
    @miguelcarvalho2954 3 หลายเดือนก่อน

    Thank you very much for the video. Really good content.

  • @oscarv8430
    @oscarv8430 4 ปีที่แล้ว +4

    Really loving all these videos, some of the best content on TH-cam for learning about what careers in Finance are really like.
    I'm currently studying Medical Engineering here in Australia, and am looking at entering a Masters program in International Business and Finance because engineering jobs are weirdly enough not very well paid and overly stressful. I've heard having an undergrad in Engineering is highly desired in Finance circles because it helps in analytical and reasoning skills, is this true in your experience?
    I'm scoping out career options now and am at a bit of a crossroads

    • @PeakFrameworks
      @PeakFrameworks  4 ปีที่แล้ว +4

      I wouldn't say highly desired, but an engineering degree is certainly not an impediment. It's probably the most common non business / economics degree. If you're coming from a different background, you have to have enough finance stuff on your resume so people know you're serious about the career.

  • @brianreilly1555
    @brianreilly1555 4 ปีที่แล้ว

    This is great advice. Specific to finance but preset applicable to any career

  • @thiagogregory1
    @thiagogregory1 4 ปีที่แล้ว +5

    I am literally a sophomore in high school so I'm preparing a little bit earlier than college lmfao, thx for the video

  • @olivermurphy6781
    @olivermurphy6781 2 ปีที่แล้ว

    Rly great vid!

  • @anthonya4295
    @anthonya4295 4 ปีที่แล้ว +3

    Hey Matt, great content! I'm a Canadian studying in the US and I was wondering if you could make mention of which banks or firms are generally willing to sponsor Canadian citizens for TN Visas. Thanks!

    • @PeakFrameworks
      @PeakFrameworks  4 ปีที่แล้ว +2

      Check h1bdata.info to see which firms sponsor for visas. In my experience though, Evercore is really, really phenomenal about visas. I think Goldman, JPM and CS are all pretty good but fluctuate year to year.

  • @Junzipark8881
    @Junzipark8881 4 ปีที่แล้ว +1

    Hi, I am loving your videos! Do you think there is any way that you can share the finance lingo docs? It would be really helpful!

    • @PeakFrameworks
      @PeakFrameworks  4 ปีที่แล้ว

      Haha probably not... it's a bit too rough and embarrassing to share with the public.

  • @johnkim5829
    @johnkim5829 3 ปีที่แล้ว

    Amazing video!

  • @sok8822
    @sok8822 4 หลายเดือนก่อน

    Is the notes on 2:06 shared? if not can you share it?

  • @koifish870
    @koifish870 3 ปีที่แล้ว

    can you do a video on what your resume should look like or what resumes for successful applicants look like?

    • @PeakFrameworks
      @PeakFrameworks  3 ปีที่แล้ว

      We have a resume course on our website where you can look at my actual resumes, but I plan on doing a summary level video later this year

  • @LY-js7ff
    @LY-js7ff 2 ปีที่แล้ว

    i also recommend Morning Brew and The Hustle

  • @swatisorthiya9519
    @swatisorthiya9519 4 ปีที่แล้ว

    Can you provide a video guiding how a 4-5 years experienced professional in FPNA can make career in IB? What steps he can take and in how much time he can get his dream job?

    • @PeakFrameworks
      @PeakFrameworks  4 ปีที่แล้ว

      Probably need to go get an MBA at this point if you're already 4-5 years out of school and haven't moved yet. Try networking and moving to a small firm to start, and if no progress after another year, I'd go back to school.

    • @swatisorthiya9519
      @swatisorthiya9519 4 ปีที่แล้ว

      Peak Frameworks Thanks!

  • @Pheer777
    @Pheer777 4 ปีที่แล้ว +4

    Great video, man. What do you personally think about careers in IB vs PE? I know a lot of people think of PE as the "promised land" and just use IB as a stepping stone, but do you think a long-term career in IB is comparable? Is one fundamentally better than the other? Thanks!

    • @PeakFrameworks
      @PeakFrameworks  4 ปีที่แล้ว +4

      Long term I would personally prefer PE. IB is really brutal to sustain and the hours don't get that much older as you grow up. There are lots of different flavors of PE - you could go to a relatively chill firm if you didn't care about being at a mega.
      One is not "fundamentally better than the other" though. Different personalities will prefer different things.

  • @adrianskiba3476
    @adrianskiba3476 3 ปีที่แล้ว +1

    can u drop the documents u had with the lingo pls!!!! i’m a freshman in college, and i had my first networking call yesterday and i knew very few words

  • @shivaniyadav-vm6ri
    @shivaniyadav-vm6ri ปีที่แล้ว

    is economics enough to get into investment banking ,and then what will be the process for that how long it take to get 1st job after graduation ,what are the resources for that, hopefully you would answer soon ,by the way are you on linkedin too?

  • @whiteedgykid7307
    @whiteedgykid7307 4 ปีที่แล้ว

    Really like your videos! Maybe make one for transfers?

    • @PeakFrameworks
      @PeakFrameworks  4 ปีที่แล้ว

      Sure, you mean school transfers?... Or bank transfers?

    • @draciacheng4754
      @draciacheng4754 ปีที่แล้ว

      @@PeakFrameworks school transfers would be really helpful! Just got into Brown from university of toronto--pretty big change and feeling a bit lost

  • @μαριοςΚαπετανοπουλος
    @μαριοςΚαπετανοπουλος 3 ปีที่แล้ว +2

    Hi Matt! After freshman year, what would be the plan regarding internships? Which year would be recommended to search for ib internship? Thanks for the videos

    • @PeakFrameworks
      @PeakFrameworks  3 ปีที่แล้ว +1

      Most IB internships will be for your junior year. The recruiting cycle for this depends where you are in the world. In North America, IB junior year internship recruiting happens a year earlier in your sophomore year.

    • @μαριοςΚαπετανοπουλος
      @μαριοςΚαπετανοπουλος 3 ปีที่แล้ว

      @@PeakFrameworks thanks a lot!

  • @Hassan_Zeiny
    @Hassan_Zeiny 4 ปีที่แล้ว

    Great video Thanks 👌

  • @1percentmilk675
    @1percentmilk675 ปีที่แล้ว +1

    Is this for college or high school

  • @nivkavaler4127
    @nivkavaler4127 4 ปีที่แล้ว +1

    drop the doc link

  • @bdyee
    @bdyee 6 หลายเดือนก่อน

    Man, I’m going into my 7th semester of school and i’m lost. I want to be in IB. I play College Football and can technically do 2 more years of school. Can you give me any tips?

  • @dlhfm4281
    @dlhfm4281 ปีที่แล้ว

    I’m 18 and currently operate my own trading company and go to a small community college with plans to pursue finance and IB. Where can I start to network?

  • @ekemba8979
    @ekemba8979 4 ปีที่แล้ว +3

    Love your vids man. I went to a target school(New York University), and secured internships in my junior and senior years in college. When I graduated, i secured a full time position at a prestigious investment bank in New York. These days I am making over 185k in total annual compensation. You're vids helped me out a lot when i was in my sophomore year. Keep up the great work.

    • @kobydillad7884
      @kobydillad7884 4 ปีที่แล้ว +2

      Lol he started making videos 6 months ago. The timelime doesn't add up

    • @ekemba8979
      @ekemba8979 4 ปีที่แล้ว

      @@kobydillad7884 No sir, he has a website where he makes blog posts and videos about finance and investment banking.

    • @ekemba8979
      @ekemba8979 4 ปีที่แล้ว +1

      Oh and btw he has been uploading on tht website for about 2 years. Have a good day sir

  • @danielwang4917
    @danielwang4917 3 ปีที่แล้ว

    Hey Matt, any chance you can make a consulting vid with a similar topic? Thanks

    • @PeakFrameworks
      @PeakFrameworks  3 ปีที่แล้ว

      Probably not unfortunately, I don't know enough about consulting

  • @mayavik1034
    @mayavik1034 3 ปีที่แล้ว +1

    I guess the technical section itself can be your next video.

  • @user-ix1nu8tw4w
    @user-ix1nu8tw4w 3 ปีที่แล้ว +1

    Wish I found this video sooner

  • @grahamjones9636
    @grahamjones9636 ปีที่แล้ว +2

    Well this popped up three years late

  • @parularora8613
    @parularora8613 3 ปีที่แล้ว

    I am very new to this but would like to read a book about it? any recommendation. I have done my MBA and Let me know some books for the basics

    • @PeakFrameworks
      @PeakFrameworks  3 ปีที่แล้ว +1

      Investment Banking by Rosenbaum & Pearl is the best starter book

  • @jonahweinbaum3093
    @jonahweinbaum3093 4 ปีที่แล้ว

    Can you make a video as to what schools are considered target schools

    • @jonahweinbaum3093
      @jonahweinbaum3093 4 ปีที่แล้ว

      ^for private equity

    • @PeakFrameworks
      @PeakFrameworks  4 ปีที่แล้ว +1

      Will try to, it's a bit harder since it's more influenced by what bank you're a part of. Out of undergrad, Wharton and Harvard are the best. Out of MBA, Harvard, Stanford, Wharton are all solid.

  • @exestudios2343
    @exestudios2343 4 ปีที่แล้ว

    If you were to choose, would you go to Laurier or schulich?

    • @PeakFrameworks
      @PeakFrameworks  4 ปีที่แล้ว

      I would probably pick Waterloo / Laurier double degree if that was an option. Otherwise, Schulich for sure. Laurier is better if you want to do mutual / long only fund type work and stay in Toronto. I think Schulich is overall better though in my opinion.

  • @Adriel03
    @Adriel03 3 ปีที่แล้ว

    do you think i should try to reach out to search funds or PWM in toronto to see if i can get an unpaid internship during this summer between my HS graduation and going to uni. or is this unrealistic and i should just wait until i get to uni.

    • @PeakFrameworks
      @PeakFrameworks  3 ปีที่แล้ว

      You can try... but you should make sure you're fully polished and professional before doing so. It's much worse if you make a bad impression (e.g. don't have technicals ready or come off as sloppy). I would focus on studying material and learning and then reach out when you start school.

    • @Adriel03
      @Adriel03 3 ปีที่แล้ว

      @@PeakFrameworks are there any specific resources you’d recommend me to check out

  • @mariogotze6588
    @mariogotze6588 4 ปีที่แล้ว

    Not kidding but I did all of this and still got dinged for all sophomore SAs. Even transferred to an Ivy.

    • @PeakFrameworks
      @PeakFrameworks  4 ปีที่แล้ว +2

      That's unfortunate, but will happen to some people. By virtue of doing all that work, you'll probably be in good position to still land something reasonable though. Keep your spirits high and keep at it until the day you graduate.

  • @drabstract
    @drabstract ปีที่แล้ว +1

    could you send me the notes you took

  • @TheExpirimented
    @TheExpirimented 4 ปีที่แล้ว +2

    Damn dude where were you when I needed you

  • @evanholt8556
    @evanholt8556 4 ปีที่แล้ว

    As I high school student from Alberta, Canada what programs and schools would you recommend going into for a career in IB ?

    • @PeakFrameworks
      @PeakFrameworks  4 ปีที่แล้ว +1

      Penn / Wharton if you're driven enough to go to the U.S. Western / Ivey if you want to stay in Canada.

  • @AT82Vienna
    @AT82Vienna 4 ปีที่แล้ว

    On another note, what kind of camera are you using for the recording of your videos?

    • @PeakFrameworks
      @PeakFrameworks  4 ปีที่แล้ว

      I just got a new one for this video! It's the Sony ZV-1.

  • @danielmoore9214
    @danielmoore9214 3 ปีที่แล้ว +1

    Work on your BMI too...

  • @sandstrommadam
    @sandstrommadam 2 ปีที่แล้ว

    Its so sad to have to decide on a career as a freshman, I thank god I didn't go for banking in the end!

  • @matteo.gerardo
    @matteo.gerardo 3 ปีที่แล้ว

    Can you elaborate on other relevant courses rather than CSC?

    • @PeakFrameworks
      @PeakFrameworks  3 ปีที่แล้ว +2

      Was joking a bit that the Peak Frameworks courses are more relevant. If you're really looking for a certificate, CFA Level 1 or one of the HBX / MIT courses could be OK. I recommend other things before courses though.

  • @tomthomas17
    @tomthomas17 4 ปีที่แล้ว

    Would linked in messages be sufficient as a networking thing?

    • @PeakFrameworks
      @PeakFrameworks  4 ปีที่แล้ว +2

      Yes, but e-mails are generally better and have a much higher response rate. LinkedIn messages get washed away as most professionals will get tons of invites.

  • @mikoaj947
    @mikoaj947 2 ปีที่แล้ว

    How can i get access to the word list?

    • @PeakFrameworks
      @PeakFrameworks  2 ปีที่แล้ว +2

      Not publicly available right now, I'll try to clean it up and make it available later this year

  • @circusjeffy9345
    @circusjeffy9345 4 ปีที่แล้ว

    Any tips for someone in high school

  • @vaibhavkrishnavasudevan8983
    @vaibhavkrishnavasudevan8983 3 ปีที่แล้ว +1

    Would you consider UVA as a good target school?

    • @PeakFrameworks
      @PeakFrameworks  3 ปีที่แล้ว +1

      Yes UVA is awesome, one of the best finance schools. Exceptional hedge fund class and produces some of the smartest people I've met in finance

    • @jasmannsingh5341
      @jasmannsingh5341 2 ปีที่แล้ว +2

      I'm sorry but which school is UVA? (I'm an international so not sure if you're talking about University of Virginia)

    • @stop-motionamateur1372
      @stop-motionamateur1372 ปีที่แล้ว

      Do you know if UVA stands for Universiteit van Amsterdam or University of Virginia?@@jasmannsingh5341

  • @josend7248
    @josend7248 4 ปีที่แล้ว

    Guess I’m screwed b/c I’m a junior and have no internship.

    • @PeakFrameworks
      @PeakFrameworks  4 ปีที่แล้ว

      Not screwed, but you probably have to crank up the intensity and be realistic with yourself. I'd target smaller firms and regional banks for summer and then try to squeeze in somewhere for full time.

  • @AC-bx4lu
    @AC-bx4lu 4 ปีที่แล้ว

    What if I'm a woman, is it harder to secure an internship?

    • @EvadeModsRGH
      @EvadeModsRGH 4 ปีที่แล้ว

      No it’s easier

    • @PeakFrameworks
      @PeakFrameworks  4 ปีที่แล้ว

      There are more programs now that help underrepresented minorities and women. There are a lot of programs in both IB and PE that are designed to expose women to finance opportunities. There are a lot of cultural challenges of being a woman in finance, but I think if it's something you're interested in and work hard towards, you have a better chance now vs. ever before.

  • @themillionairereview1469
    @themillionairereview1469 4 ปีที่แล้ว +3

    please make a video on investment banker salary London analysis

    • @EvadeModsRGH
      @EvadeModsRGH 4 ปีที่แล้ว +1

      Look it up on google

  • @vaibhavkrishnavasudevan8983
    @vaibhavkrishnavasudevan8983 3 ปีที่แล้ว +1

    Me who’s a high school freshman

    • @PeakFrameworks
      @PeakFrameworks  3 ปีที่แล้ว

      If you apply yourself now you're going to have an insane advantage by the time you hit college!

    • @vaibhavkrishnavasudevan8983
      @vaibhavkrishnavasudevan8983 3 ปีที่แล้ว

      I’m not sure if you have heard of this school, but I go to TJHSST (Thomas Jefferson High School is Science and Technology). This school is ranked as one of the top schools in the U.S. Would you say this school improves my chances of getting into IB or even PE?

    • @PeakFrameworks
      @PeakFrameworks  3 ปีที่แล้ว

      I really don't think so, only the elite / wealthy private schools tend to make a difference

    • @KyleOConnor.
      @KyleOConnor. 3 ปีที่แล้ว

      @@PeakFrameworks hi there , what would you recommend someone in freshman year at high school, start to do now as obviously they can’t do any internships or phone calls with any contacts at this age?

  • @cschenks5431
    @cschenks5431 3 ปีที่แล้ว

    It's kind of awful that we have gotten to this point in society..