5 Things I Liked About Asset Management at Goldman Sachs

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Күн бұрын

Get my 'Introduction to Asset Management' 71-Page career guide here: careerguides.io/individual_gu...
In this video I cover the 5 things that I really enjoyed about working in asset management within an investment bank. I spent a few years working at Goldman Sachs Asset Management, both as an intern during my second year of university and after I graduated, in London. I touch on things such as work / life balance, compensation, client interaction, the people, the nature of the work, and more. Let me know in the comments which area or industry, regardless of whether its banking, finance, asset management related or not, you want to break into and what video you’d like to see next. Thanks for passing by, enjoy!
TIMESTAMPS:
00:00 - Intro
00:19 - Client interaction
02:22 - Work / life balance
02:58 - The people
04:05 - Base salary + bonus
04:24 - The nature of the work
05:58 - Useful resources
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ABOUT ME:
Hey! I'm Afzal Hussein. I make videos on banking and finance, careers, productivity and lifestyle. I'm also building Simpley (a marketplace for career advice), and I teach on Skillshare. Before all of this I started my career working at an investment bank called Goldman Sachs. Hit the various links above to find out more about me. Thanks for passing by!
#AssetManagement #Careers #GoldmanSachs

Пікірлер: 109

@AfzalHussein 4 ай бұрын

Get my 'Introduction to Asset Management' 71-Page career guide here: careerguides.io/individual_guide/introduction-to-asset-management

@VictorFabian-lg8ku 3 ай бұрын

Nice explanation.but I guess it is also very important that one have an idea about the market and what asset management is as these will bring about converting of information and easy understanding .

@user-bj2ys1zv8o 3 ай бұрын

Very important fact,these make the channel and the market strategies easy and can be easily captured it can be the main step towards understanding assets management

@Dorathyforest 3 ай бұрын

Most beginners make these mistakes a lot.maybe because of inadequate information or misuse of information and these can lead to crashing or losses too huge to bear. therefore proper guidance should be considered too

@SandraLouis-jm3rr 3 ай бұрын

Ignorance should not be an excuse as a business person. Gather proper and adequate information about whatever business you want to venture into and dedicate time to understanding the guidelines well.

@CharlseRansom 3 ай бұрын

Sincerely I have seen people making these similar mistakes of not being well equipped about their plans before taking them up,you have to make more research , relate with a good mentor and explore well the benefits and possible losses before taking up any plan(s)

@JayGreen-kq3xo 3 ай бұрын

It could be disastrous as a beginner not understanding asset management well before having a plan. I have carefully analyzed the comments here and sincerely it is the best idea and advice. I am successful in asset management thanks to BIANCA HARLEY DORAN who is always there to guide through any process

@zetch972 3 жыл бұрын

Afzal it would be nice to hear your application journey when applying for internships! Like the rejections you got, the interviews you got, the places you’ve applied to and what you learned about the application process.

@AfzalHussein 3 жыл бұрын

Great idea, thanks! Added to the list.

@kyrasterling-blake3813 3 жыл бұрын

Afzal, your channel is a GOLD MINE. Thanks for your great videos, every time !

@AfzalHussein 3 жыл бұрын

Ah thanks! 👍🏽

@adonisss9307 3 жыл бұрын

Thank you for the great video!!) Really appreciate your effort! Could you please make a video about technical skills to one’s who wants to apply for investment division in asset management?) Good edited video by the way! Thanks in advance !)

@miguelgalllego 3 жыл бұрын

LOVE your channel, keep going! Very useful info, regards from Spain

@AfzalHussein 3 жыл бұрын

💪🏽👍🏽

@dbake5021 3 жыл бұрын

Afzal your channel has become my favorite channel in such a short time! I’m getting my MSF right now. I want to work in Asset Management. Any thoughts on BlackRock?

@AfzalHussein 3 жыл бұрын

In this video I cover the 5 things that I really enjoyed about working in asset management within an investment bank. I spent a few years working at Goldman Sachs Asset Management, both as an intern during my second year of university and after I graduated, in London. I touch on things such as work / life balance, compensation, client interaction, the people, the nature of the work, and more. Let me know in the comments which area or industry, regardless of whether it's banking, finance, asset management related or not, you want to break into and what video you’d like to see next. Thanks for passing by, enjoy!

@averageslinger 3 жыл бұрын

What did you study 📚, I’m thinking of doing a MSc in Real Estate can it beneficial to move me into asset management

@chunwahlam8412 3 жыл бұрын

Hey Afzal, Again a great video! I was curious, could you make a video about the big-4 firms? For example: What is the difference between the M&A departments of Investment Banks and Big-4 offices. Best wishes for 2021!

@rishabhpandey3398 3 жыл бұрын

@Afzal could you make a video on the important technical and soft skills required for various divisions in Investment Banks and best place to learn and practice these skills.

@abdulqayoom9807 3 жыл бұрын

Hi Afzal Keep up the great work. Can you make a video on Equity Research?

@akz4714 3 жыл бұрын

A video on the research division pls🙏🏾

@Threeletterorg 3 жыл бұрын

Azfal keepin it real as always.

@Andre-rc3qg 3 жыл бұрын

Hi Afzal. Thank you for all the insight. I was wondering if you could answer a quick question. I'm in my second year of uni at a non-target Russel group studying Economics and Finance. For various reasons, I didn't get any experience in first year in regards to insight weeks or open days etc. I've applied to a few internships for this summer and will continue to do so but I feel it's highly unlikely I'll get onr with the experience I have. Does this mean it's very unlikely I can break into asset management? What would you recommend I do in this situation to try and salvage this? Thanks again for all the insight Afzal.

@CoolDBG 3 жыл бұрын

Editing skills through the roof

@ridwanulahianimasahun2684 3 жыл бұрын

Hi Afzal, Can you please make a video on Global Transactions Banking or better still compare work-life balance in Asset management with that of Global Transactions Banking? Thank you!

@johntatendamushonga7790 2 жыл бұрын

Hi I’m currently studying Act Science and I’m torn between getting into AM and M&A.Which pays more and which one would make a CV more robust in terms of applying to PE firms after taking the ib analyst route?

@rivertardie6177 3 жыл бұрын

Hi Azfal. Big fan I'm a student very interested in the high finance (HF/AM/IB) scene, with a large interest in working with the capital markets. However, as a finance major I lack the advanced math and programming knowledge that is becoming more frequent in those careers. Do you see someone without advanced math/programming knowledge having a good shot at breaking into hf/am/ib? If not, what careers would you recommend that would not have a advanced/coding prerequisite.

@jasminexie3098 2 жыл бұрын

Hi Afzai, very useful! May I know where to find the skills shares class video you mention about in the above?

@lopezsantos8420 3 жыл бұрын

So educative

@mohammedmushtaq1969 3 жыл бұрын

Such a value content, AS ALWAYS!!!!

@matgame2 3 жыл бұрын

Hey, it would be nice to hear any tips you might have for international students or immigrants trying to break into am/ib/pe etc

@nathanwoolley8479 3 жыл бұрын

Can you be hired from asset management/ S&T into PE as an associate? Typically don’t PE firms hire from the IBD?

@anthonymgbeike1199 3 жыл бұрын

Hey Afzal, what are salaries and bonuses like in client management/distribution roles in IB Asset Managers and pure plays?

@yamanjain9183 3 жыл бұрын

awesome, 💥

@littlevivi 3 жыл бұрын

Hey Afzal, if you had to do it all over again, which front office division(s) would you choose?

@victorzsasz5284 3 жыл бұрын

How do you keep up to date with current affairs in the industry seeing as you are no longer part of it and the pace of change is fast?

@JJdakilla 3 жыл бұрын

How is asset management different from a hedge fund or a PE fund? How do you make money off of the clients? Do you assume any risk yourself (as an institution)? When you pitch clients do you just talk about your past performance or do you present specific investment strategies the market/research guys have come up with?

@alexmoat8906 3 жыл бұрын

commenting so i hear the reply

@moritz4292 3 жыл бұрын

Want to hear too

@Dean-tf5nv 3 жыл бұрын

Following

@gonzalezcalos7322 3 жыл бұрын

Great contents

@AS-kf1ol 2 жыл бұрын

Whenever people discuss work life balance they talk about daily working hours. They never talk about PTO or sick days. I couldn't find a video on this but would love to know if people even feel comfortable enough to take PTO and what that looks like.

@arpitap4859 3 жыл бұрын

Hii, i have a quastion. I know that for Investment Banking or private equity, financial modelling and valuation skill is very helpful But will it help for asset management or hedge funds or private wealth management devisions? I am thinking to learn financial modelling and valuation, and my main tartget is asset management devision. But if i will get chance i will go into investment banking or private equity. So, it helps in that devisions?

@elisabeth1219 Жыл бұрын

Hi, I am interested in this role. How much is range of salary? Thanks

@VictorFabian-lg8ku 3 ай бұрын

Talking about assets and roles is a good thing anytime. At the same timebo need to understand the different techniques and strategies that lead to very successful trade gains. So one should at least learn the primary knowledge of asset management.

@user-md2zc6mq2m 3 ай бұрын

Crystal clear! information like this is very important. Things don't just happen but effort, dedication, willingness and appropriate strategies will surely lead to huge success

@user-px5ex3pf3l 3 ай бұрын

I know so many things can make one fail in asset management or trade as a whole.but nevertheless as a beginner one need the appropriate tools to use

@Emmanuelgray-mt7bx 3 ай бұрын

Seriously it is really advisable to have a good foundation and base

@Annatedd 3 ай бұрын

Very educative, topics like this don't come every day so one should make the best out of it.

@Milnerjay 3 ай бұрын

Wow.very nice stuff but i guess a professional guidelines is simply the best and with someone like BIANCA HARLEY DORAN it will be far easy to adopt

@judyl.7811 11 ай бұрын

1:35 this is credit to my manager at that time. 1:50 osmosis: you learn by taking notes and hearing in on the conversation. This is not the case with private banker because high net worth individual. you can get more client access sooner among other division. 3:00 work-life balance is better than IB and sales & trading. the gender ratio is more even. they have family. 3:50 if you're trustworthy in your to-do-list in a timely manner. 4:15 front office is always good. bonus is depend on the team performance - region and organization. 4:30 the nature of work: taking money from clients, such as pension funds, insurance companies, sovereign wealth funds, governments, large companies. and invest in financial markets to get a return. because you get exposure to the different asset classes. you're not siloed into fixed income or equities. alternatives: hedge funds, private equities, and real estates. 5:20 pension pot is shrinking.

@Rspservers09 3 жыл бұрын

beast content

@ShopAlurix 3 жыл бұрын

Great content! Video on blockchain please :)

@hildam7964 3 жыл бұрын

Mk 1 btc and thank me in 2 years time

@maximilianog2601 3 жыл бұрын

Happy new yr crypto fams $30k on the way 🤑

@user-xj9kr2pg8m 3 жыл бұрын

Lately investors has been doing great💯

@lopezsantos8420 3 жыл бұрын

@@user-xj9kr2pg8m I just sold all my Stocks and invested in Forex and Bitcoin trading I've been making good profits

@siddharthbhanushaliofficia3001 3 жыл бұрын

@@lopezsantos8420 I sold my stocks too

@miguelmartinez-hk5ks 3 жыл бұрын

I tried trading on my own but I lost all my money

@yepekaawomi2308 2 жыл бұрын

Hello Afzal, any suggestion regarding the summer internship like when to start applying.

@AfzalHussein 2 жыл бұрын

As soon as they open! 👍🏽

@matthewmashava2766 3 жыл бұрын

Hi Afzal. I'm a final year student in investment management. In the long run, would you say that obtaining a CFA qualification is worth it?

@adeebkhan2878 3 жыл бұрын

Yes cfa is very valuable

@AfzalHussein 3 жыл бұрын

Definitely, if you see yourself in the world of fund management over the long-term.

@Adilbhati 3 жыл бұрын

@@AfzalHussein Hi Afzal, Chartered Wealth or CFA? for asset management

@damob9138 3 жыл бұрын

Hi Afzal, at 22 what would you do after failing second year at university? Would you jump into work and some sort of accreditation to break into finance or would you still go to university or change course or something ?

@thesnackbandit 10 ай бұрын

What ended up happening?

@damob9138 10 ай бұрын

@@thesnackbandit bank never ever asked for the degree lol

@zakiii3913 3 жыл бұрын

What are the exit opportunities of asset management when compared to investment banking

@simplystrella6757 3 жыл бұрын

Great Question!!

@adonisss9307 3 жыл бұрын

Probably Hedge funds, Private equity, Venture capital, proprietary trading firms ?

@gowthammogan3943 3 жыл бұрын

Liked for KZfaq Algorithm! Great Content

@AfzalHussein 3 жыл бұрын

👊🏽

@vinaykumarchakraborty2052 3 жыл бұрын

You are my role model, inspired by you, I got enrolled into the CFA program. Are you a Bengali? Just a doubt I had about you.

@snitty1478 3 жыл бұрын

5 thing u don’t like ab AM?

@samueljesushuertacruz9470 3 жыл бұрын

Hi Afzal 👌🏽

@AfzalHussein 3 жыл бұрын

👊🏽

@sankalpgupta1294 3 жыл бұрын

Hi afzal I am a computer science student but i have realized that i am made for management and business studies rather than Computer Science... I am planning to go for an mba right after my graduation..pls do reply and advice regarding the same.!! Btw great content