Pros & Cons of Working for an Investment Bank

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  • เผยแพร่เมื่อ 3 ม.ค. 2025

ความคิดเห็น • 53

  • @isaacbatterham9952
    @isaacbatterham9952 4 ปีที่แล้ว +9

    Cheers Afzal, Australian 8 year veteran here trying to break into IB after finishing my bachelor. Your vids have been abundantly helpful! Thanks

    • @AfzalHussein
      @AfzalHussein  4 ปีที่แล้ว +5

      Thanks! Always a pleasure 👍🏽

    • @andrewusa14
      @andrewusa14 ปีที่แล้ว

      ​@@AfzalHussein what's the name of the song at the beginning

  • @sangeetbhatt44
    @sangeetbhatt44 5 ปีที่แล้ว +44

    Sir Could you please make videos related to how chartered accountants can get into investment banking especially front office jobs.. Thanks your content is amazing.

    • @danielshaikhali5108
      @danielshaikhali5108 4 ปีที่แล้ว +2

      Sangeet Bhatt CFA

    • @XIcedLollyX
      @XIcedLollyX 4 ปีที่แล้ว

      THIS!

    • @g8672
      @g8672 4 ปีที่แล้ว

      @@danielshaikhali5108 any separate qualifications required?

    • @hvtarun7030
      @hvtarun7030 4 ปีที่แล้ว +1

      Hey. I'm a 12th class student in India. Even i want to get into investment banking but I'm not sure what to do. I'm mainly confused between doing B.com CA and Economics. So,how has your experience been doing CA, and do you think anyone else aspiring to get into investment banking should do CA or not?
      Thanx in advance if you reply

    • @vignesh1065
      @vignesh1065 2 ปีที่แล้ว

      @@danielshaikhali5108 Depends on the country. CFA is useless in India.

  • @Daddyvader7
    @Daddyvader7 5 ปีที่แล้ว +2

    Even going full in you should focus on health and de stressing as well. What I mean is this. I work full time. Own a business on the side, go to college and ROTC. Yet I still make time for the gym ans healthy living. It actually keeps me moving and I do it in a balanced time management way that allows for me to work on my own time and others time, but not allow it to stress me. 💆🏻‍♂️ you have to be passionate and truly enjoy it and you’ll be fine

  • @abdullahalaujan4249
    @abdullahalaujan4249 5 ปีที่แล้ว +17

    please talk about quantitative finance, financial engineering. What is the role of quants/financial engineers in the bank, basically what do they do ?

  • @trapitusaventurez2190
    @trapitusaventurez2190 5 ปีที่แล้ว +11

    Seems to me like working in FANG offers everything banking does, except instead of 100 hours you'll do 40-60 hours in a calm environment with free snacks. man I wish I knew coding.

    • @AnoopKumar-hz4uk
      @AnoopKumar-hz4uk 5 ปีที่แล้ว

      I dont think FAANG offers the same soft skills as IB or Consulting... Soft Skills are very important to move up in companies

    • @trapitusaventurez2190
      @trapitusaventurez2190 5 ปีที่แล้ว

      Anoop Kumar thing is tho learning soft skills is really up to the person, and the soft skills you learn in IB and consulting are important for moving up in IB or consulting, in FAANG moving up is based more on experience, performance and seniority

    • @TheInvestmentCircle
      @TheInvestmentCircle 5 ปีที่แล้ว

      Trapitus Aventurez that isn’t entirely true. Soft skills matter at FAANG companies too.

    • @Justin-ev8nn
      @Justin-ev8nn 5 ปีที่แล้ว +1

      FANG > IB

  • @xulinzhang498
    @xulinzhang498 4 ปีที่แล้ว

    Very good video, thank you Afzal. I am in California as a CPA and working in Tech industry. While I enjoy my work at Tech industry as I feel that my job is well respected and the work life balance is extremely well, I do consider switch to banking in the future to have more exposure to strategy finance side. I guess the only thing that concerns me here is the "Replaceable" part at the end, I do value job security a lot. I would have to do more research I guess. Thank you!

  • @Essays4College
    @Essays4College 5 ปีที่แล้ว +4

    Do you think most investment bankers can start their own business and still be successful?

  • @Mr.Pincini
    @Mr.Pincini 4 ปีที่แล้ว +4

    Hi Afzal, would you make a video about what books do you recommend about finance, wether it’s investment banking, asset management or trading? 😉👍 thanks man, much appreciate it! I’m front Italy 🇮🇹

  • @ahmedzahiri4463
    @ahmedzahiri4463 5 ปีที่แล้ว +3

    Thank you afzal hussein great content, just subscribed and hope one day to join to an investment bank since I am hooked by the financial sector and already started to read books and watching cnbc and lately youtube channels such as yours but I've heard that computer science became a highly recommended so I don't know if I should put some time to learn coding and I am 19 years old and look up to you as a role model

  • @jattprime2927
    @jattprime2927 2 ปีที่แล้ว

    Hi could you please make a video on what role in a bank you'd recommend based on our degree?

  • @luxushauseragency
    @luxushauseragency 5 ปีที่แล้ว +2

    Nice video. Can you go into more details on the analytic work in terms of typical requirements and include any fintech currently being integrated into investment banking.

  • @maxconnolly4279
    @maxconnolly4279 5 ปีที่แล้ว +6

    Are interview questions for summer internships similar to that of full time positions for graduates or are they slightly less technical/shorter interviews?

  • @nasrinsultana8515
    @nasrinsultana8515 4 ปีที่แล้ว +1

    People can sacrifice everything but what about sleep?

  • @Sabkuch-Pakistani
    @Sabkuch-Pakistani 4 ปีที่แล้ว +1

    What careers can u go into after leaving investment banking

    • @FinanceUnboxed
      @FinanceUnboxed 4 ปีที่แล้ว +3

      Some common career moves are going into: hedge funds, asset management, private equity, venture capital and corporate development. Hope this helps :-)

  • @omarcuppini7072
    @omarcuppini7072 5 ปีที่แล้ว +5

    Hey I'm first time approaching the investment banking world. I heard some guys saying that you'll start as an analyst if u have a bachelor and you'll start as an associate if u already have a master degree. So is it true that u can skip the analyst 2-3 years by simply taking a master degree?

    • @zidanhussain100
      @zidanhussain100 5 ปีที่แล้ว +2

      Omar Cuppini no I think you start off as an analyst regardless

    • @omarcuppini7072
      @omarcuppini7072 5 ปีที่แล้ว

      @@zidanhussain100 ok thank u for the info!

    • @Skiperzik
      @Skiperzik 5 ปีที่แล้ว

      Enrolling in a master will only give you another shot to apply for summer analyst internship. Many students that failed to get a summer during their bachelor will aim to get admitted in a top tier uni to do a master in order to reapply with better odds

    • @khalali9319
      @khalali9319 5 ปีที่แล้ว +4

      I don’t know why people are saying you won’t start as an associate. If you have an MBA then you will definitely start as an associate. I don’t know why it works like this because the student fresh into the associate position pretty much has no experience

  • @dharmasisrout1616
    @dharmasisrout1616 5 ปีที่แล้ว +1

    Excellent.....Looking for a best opportunity as an Investment Banker.

  • @tenzinchimevlogg6512
    @tenzinchimevlogg6512 5 ปีที่แล้ว +1

    thank you bro very informative

  • @faycalbarkambiri4898
    @faycalbarkambiri4898 5 ปีที่แล้ว +1

    I love your Videos! Greetings from Germany

  • @noobuploads8485
    @noobuploads8485 5 ปีที่แล้ว +5

    Hello,
    Although I am aware that your uni degree wont necessarily directly help your job in banking - which one degree do you think sets you up best for a career in investment banking (ie economics finance accounting maths...)?

    • @firex148
      @firex148 5 ปีที่แล้ว +2

      It doesn’t matter what degree you do, if anything it’ll grab the cv readers attention since they probably go through 100s of economics/ finance students daily

  • @khursm5796
    @khursm5796 5 ปีที่แล้ว

    Thanks man for the content. Keeps us motivated

  • @Ritesh77455
    @Ritesh77455 4 ปีที่แล้ว +1

    After listening to the Cons .. I am completely scared now...

  • @Sarah-xi2yf
    @Sarah-xi2yf 5 ปีที่แล้ว +5

    Hey, I wanted to ask if your family had any objections with you wanting to do investment banking as working in a bank is bit of a sticky situation in Islam. Also are there a lot of women in this career field and whether it is feasible for them.
    Thanks!

    • @Straeger
      @Straeger 5 ปีที่แล้ว +1

      how is it a sticky situation my dad works in an investment banking company and he is Muslim

  • @sneha9230
    @sneha9230 5 ปีที่แล้ว +1

    Thanks a lot... Was expecting this content from u, Even though u had posted several videos on IB earlier !! 😍 ☺

  • @natkuncaranjegatheswaran1095
    @natkuncaranjegatheswaran1095 5 ปีที่แล้ว +2

    Hi Mr Afzal, I was wondering, why did you eventually leave Investment banking?

    • @AfzalHussein
      @AfzalHussein  5 ปีที่แล้ว +1

      Hey, I was in asset management. Here you go: www.linkedin.com/feed/update/urn:li:activity:6391541076662059008

    • @KP-dd2ci
      @KP-dd2ci 5 ปีที่แล้ว

      @@AfzalHussein What exactly did you do in asset management? Were you in wealth management, or more of an analytical role in fund management?

  • @MultiChickenbones
    @MultiChickenbones 5 ปีที่แล้ว +2

    Which degree is most attractive to investment banks??

    • @samuell4640
      @samuell4640 5 ปีที่แล้ว +1

      They love STEM these days. I'd say double degree in engineering and finance would be the perfect combination. Engineering to demonstrate intellectual horsepower and finance so they know you at least have a fundamental understanding of capital markets and transactions.

  • @rain7096
    @rain7096 3 ปีที่แล้ว +1

    👍

  • @8acun
    @8acun 4 ปีที่แล้ว +1

    Play at 1.25 speed

  • @g-unit8478
    @g-unit8478 5 ปีที่แล้ว +2

    are u married boss