Investment banking vs private equity
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Күн бұрынThe first 1000 people to use the link will get a free trial of Skillshare Premium Membership: skl.sh/afzalhussein01211
This video was sponsored by Skillshare.
This video focuses on the key differences between careers in investment banking and careers in private equity, for graduates and junior professionals. Areas covered include the various companies within these industries (Goldman Sachs, J.P. Morgan, Morgan Stanley, KKR, Blackstone, Apollo, etc.), how difficult is it to break into investment banking vs private equity, the nature of the work across the two areas and how they differ, the compensation at investment banks vs the compensation at private equity firms, work/life balance, progress, career opportunities, exit opportunities, and more. Do consider subscribing to the channel, hitting the like button and exploring some of my other videos. Thanks for passing by, and enjoy!
TIMESTAMPS:
00:00 - Intro
01:00 - Top companies
01:50 - Breaking in
03:50 - Skillshare
05:15 - Nature of the work
08:21 - Compensation
09:06 - Work/life balance
09:52 - Progression and exit opportunities
11:23 - My advice
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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!
#InvestmentBanking #PrivateEquity #Finance
@AfzalHussein 3 жыл бұрын
The first 1000 people to use the link will get a free trial of Skillshare Premium Membership: skl.sh/afzalhussein01211
@AfzalHussein 3 жыл бұрын
@alex 123 sure!
@michaelclems8303 3 жыл бұрын
People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in bitcoin
@mariarebecca3080 3 жыл бұрын
Bitcoin trading nowadays is a big change to make money
@lucasmiguel5771 3 жыл бұрын
BITCOIN: IS THE ONLY TRUE DEMOCRACY EVER EXISTS IN THE WORLD
@Freeforexsignal247ontelegrann 3 жыл бұрын
Crypto is the future, trading crypto has become a lucrative way of making money
@mdashrafulmalek7043 3 жыл бұрын
Investment banking vs Hedge fund
@littlevivi 3 жыл бұрын
Btw, totally confirm that your editing skills and production value have greatly improved!
@AfzalHussein 3 жыл бұрын
Haha, thanks!
@salmarizkia 3 жыл бұрын
Finally I’ve been waiting for this!!
@sweitang6305 3 жыл бұрын
Insightful vid as always.... love your channel!
@tomw9144 3 жыл бұрын
This is awesome man, ive been interning at a mid-size PE FoF and this hit the nail on the head for the PE process, didnt know much about the IB firms and this has given me a good foundation on the content, keep killing it man and good luck!
@Vanshikacx 3 жыл бұрын
So informative. Thank you🙌🏻
@emanuele9082 Жыл бұрын
The best video on these topics in the entire yt. Thank you Afzal.
@corporatesteve 3 жыл бұрын
Really comprehensive breakdown Afzal 🙌🏾 I’m currently working as a compliance consultant for a private equity fund and this has given me a lot more concrete knowledge on how to service the client moving forward 🔥
@bronxswernge 3 жыл бұрын
I already know this will be a 🔥🔥🔥 video
@GMoretti-ux1pe 3 жыл бұрын
Great video! Looking more into the PE side of things after this video.
@christophermonin2503 3 жыл бұрын
Super interesting video, keep up the great content man!
@tshiamomalebo1079 3 жыл бұрын
Great content Afzal✨
@ivinitmittal 3 жыл бұрын
Detailed video!!👏
@jaidenthomson4414 3 жыл бұрын
Your videos are great!!!!
@charlesmakonikudzay1 3 жыл бұрын
Good work- appreciating the value!
@AfzalHussein 3 жыл бұрын
👊🏽
@littlevivi 3 жыл бұрын
Really high quality and structured video Afzal! Am in IB and my day to day clients are PE, can confirm that you’ve nailed the info!
@AfzalHussein 3 жыл бұрын
Thanks! 🙌🏽👊🏽
@jabaributler4587 Жыл бұрын
Great video..Straight to the point
@snapamericancandy_p3892 3 жыл бұрын
My bro really grinding mashallah
@ivanmedalla2111 3 жыл бұрын
I am glad I ran into this, looks like the KZfaq algorithms worked well for me this time. You gave a clear insight between IB and PE, I was planning on which course to take and your video is really helpful for me on which path I should take. You just earned a sub and a like. Keep it up my friend.
@AfzalHussein 3 жыл бұрын
Thanks and good luck!
@dxbivan 3 жыл бұрын
Quality content mate. Keep it going 👍🏻
@AfzalHussein 3 жыл бұрын
👍🏽
@weizenconnoisseur 3 жыл бұрын
After seeing this video it feels like you made it to answer a question I made under one video. Thanks a lot 🤗Receiving this Insights form an ex-IB it encourages me to follow my path. Even if it's difficult I want to break in PE... Maybe after seeing PE vs PB or PE vs AM you can change it😅I value your insights very high 👍👍👍
@enzoloe4558 3 жыл бұрын
Thanks a lot for this video man, very informational! Can you make a video about breaking into PE from strategy consulting please?
@jadworkplace583 3 жыл бұрын
MashaaAllah you are fantastic. Great personality with great body language beside a significant knowledge about the topic. So proud of you brother Afzal
@AfzalHussein 3 жыл бұрын
Thanks! You're too kind!
@mohamedalhamdani4964 3 жыл бұрын
Enjoyed the video Hoping u could go into a deeper dive of PE total compensation And next video to be detailed insight to hedge funds ; work life balance , compensation, breaking into it, what the work entails and the hierarchy
@damiengautrot9230 3 жыл бұрын
Hey Afzal, thanks for your work! What about a video about Asset Management VS Wealth Management (Private Banking) ?
@jirensama1622 3 жыл бұрын
Awesome video
@LCSCPlayz 3 жыл бұрын
Love this vid, would you be able to do a video on your share portfolio (if you have one (i presume you do))
@CB-qe4uv 3 жыл бұрын
Hello! Watching from America! Could you a litt bit in depth into British banks? I know you worked at Goldman, but I would be very interested in learning more about the likes of Barclays, HSBC, Lloyd’s, etc..
@informallasagna 3 жыл бұрын
Can you do a video on the best skills to do in preparation for the different roles in finance? Would be so helpful.
@alexm8954 3 жыл бұрын
Looking forward to this one Afzal! Currently in PE and have spent the last 4 years in it, both in U.K. and US, and prior to that, 5 years in M&A. Great content and channel. Glad I found you!
@AfzalHussein 3 жыл бұрын
Thanks! Cheers for subbing 👍🏽💪🏽
@alexm8954 3 жыл бұрын
Thoroughly deserved. Super relatable and great content. Keep it up and stay out of the bullpit!
@fmooosa 3 жыл бұрын
Loved the video Afzal! First time viewer, definitely subscribing after this one. Question for you (and Alex M would love for you to chime in if possible). I'm 2.5 years into corporate banking at a global bank and my long-term goal is getting into PE. I know that may sound like a drastic jump but I'm determined. I'm thinking that trying to get into IB first would give me a better chance. What are your thoughts? How should I go about it? Am I out of my mind? Lol. Any advice would be greatly appreciated. Thanks!!!
@alexm8954 3 жыл бұрын
@@fmooosa my personal opinion is that making the move into IBD is pretty key to making the step. Getting some experience and deals under your belt will give you the skillset needed to make the move into PE. Also I think important to think what type of fund you want to join - MF, UMM, LMM, sector focus, geographical etc. In Europe languages are also a consideration that you don’t have so much in the US. All that being said, totally realistic ambition, I work with guys at my fund now who started in audit and then got big 4 corporate finance experience. Hard work and you can achieve it
@fmooosa 3 жыл бұрын
@@alexm8954 Thank you so much for responding! That's great advice. I actually work in the Canadian office of a European bank and have considered transitioning to one of our offices in Europe where we have more deal flow. BTW would you say CFA is a must? I just started studying for level 1.
@benstaunton7311 3 жыл бұрын
Great video, more videos on private equity?
@annh.4860 3 жыл бұрын
Thank you ❤
@prabhpreetgill9882 3 жыл бұрын
Please make the series!
@Cj-ju6wq 3 жыл бұрын
Great video 👏🏻are you going to react to the rest of industry
@hjkio7029 3 жыл бұрын
Beautiful!!
@AfzalHussein 3 жыл бұрын
Thanks!
@Jaffer_shaikh 3 жыл бұрын
Brother, please make a vedio on private wealth management or Islamic focused investment classes.
@SK-pv6xl 3 жыл бұрын
Please do private equity vs asset management!
@david.ran.ren10 2 жыл бұрын
Hi, Afzal! Thanks for yet again am informative video. How did you learn all this about different positions in finance?
@joseLuis-vd6gh 3 жыл бұрын
Hey Afzal, it could be great a video talking about bond rating companies like standard and poors and moodys. Cheers.
@jjjjjpppppbbbbb 3 жыл бұрын
I am currently a trainee at a City law firm, and will qualify into the M&A/corporate/private equity team. I like my job but I've realised I'm more interested in the "business" side of the deals themselves than providing legal advice on them. My plan is to get as much deal making experience as possible and then work my way over to the business side - whether through switching to the M&A department of an investment bank, and then going into PE, or going straight into PE. It would be good to know what you think firms like Goldman would think of an experienced lawyer switching into IB. I am considering doing the CFA in my spare time, which although it is not really tailored to M&A, I think would help to show I'm serious about finance, and also be good for general knowledge of the financial markets. Maybe you could do a vid for people like me who have started other (related) careers but are thinking of switching. Really great vids btw - keep it up!
@alvaromartel6112 3 жыл бұрын
Chief of Chiefs! Excellent content.
@pushkalahluwalia5104 3 жыл бұрын
Hi Afzal,i love your videos they are so informative and well produced.I wanted to ask you a question,what makes an applicant stand out when applying to a PE firm like Blackstone for a graduate role?What skills and perhaps accolades/achievements would increase the chance of being hired straight from uni?
@JohnMarcos178 3 жыл бұрын
Love the channel man! Need some advice, I’m a 3rd year science major in Canada and have recently decided I want to pursue investment banking. I go to a semi-target school, and since I have just decided I really want to go in IB I have no internships for this summer. What do you recommend as my best chance to break into IB one day? I know it may be a slim chance.
@CoolDBG 3 жыл бұрын
YES TO THE PE VS VS AND AM VS PB VIDEOS
@isassetuba 3 жыл бұрын
Been watching this brother from the start and may Allah bless him more
@realFriedrichHayek 3 жыл бұрын
PE vs VC would be amazing
@carter181 3 жыл бұрын
PLEASE can you do a video comparing pay in investment banking to pay in asset management. You can very easily find pay for M&A but I just can't seem to find how much you'd be paid in asset management as a first year analyst at say Goldman, JP etc
@vapi5556 3 жыл бұрын
Love your channel, Afzal! I'm currently pursuing a second undergrad degree in economics. Previously, I had 2 other degrees (a BFA in visual arts and a MA in international affairs). I've also been working at a nonprofit for the past 3 years (doing school part-time). The reason I went back to school is to change my career trajectory (getting into investment banking). I’m wondering if you have any advice/thoughts/or suggestions regarding my circumstance. Do you suggest exploring the summer analyst route or applying to early-career jobs directly?
@randomguy4116 3 жыл бұрын
almost impossible
@franzlino7698 3 жыл бұрын
can you talk more about breaking into the industry from others? transferring from marketing? is a CFA level I a good idea to show im committed?
@Delta-bh7pc 3 жыл бұрын
Any advice for people attending non-targeted school's trying to break into IB in the UK?
@sam10coumans 3 жыл бұрын
Can you make a video of what several full career paths may look like in IB vs PE, internship to retirement? From undergraduate to being done with work? Hear much about how to get started, but what about how people will finish their careers? I think it would be very interesting to see.
@nathanwoolley8479 3 жыл бұрын
What about Warwick, Durham or Bath w a business/econ degree for breaking into investment banking?
@Mark_R_S 3 жыл бұрын
What about Quant stuff (Trading/Research) at HFs?
@prateekr1289 3 жыл бұрын
How different will it be for someone jumping from consulting to private equity?
@snapamericancandy_p3892 3 жыл бұрын
Bro u think I csn enter consulting/IB & PE from city of ldn economics because its a mid tier or will it be maaaad hard akh
@Kingdia97 3 жыл бұрын
Hey man is the simpley app out for Android yet?
@matgame2 3 жыл бұрын
IB vs AM; PE vs AM
@user-or7ji5hv8y 3 жыл бұрын
How do you see such industry in 10 years given increasing regulation and dependence of PE on debt tax benefit?
@ma.pike02 2 жыл бұрын
would you consider Warwick Politics Department a "top uni" and A*AA top A Level grades?
@BS-ww6fj 3 жыл бұрын
Did we finish the first session of industry already? :)
@annajones9701 3 жыл бұрын
Investment banking is easy to get into. Do not have to go to top houses. Can go to lower ranked none BB. However, getting into a top PE firm is far harder. Much easier to go to Goldmans and Harvard than land a top PE job. From Goldmans they only take say top 10% of staff
@dang7482 3 жыл бұрын
Is this 14 days trial applicable with the free month trial?
@zakiii3913 3 жыл бұрын
Venture capital, hedge funds and search funds too?
@summerrr1 3 жыл бұрын
You didn’t mention the consulting route into PE. Lots of opportunities on the operations side and no IB experience needed.
@ivinitmittal 3 жыл бұрын
IB Vs Hedge fund?? please
@aloysiusbcherian5320 3 жыл бұрын
i know it is not common, but is it possible to break into i banking after consulting?
@lloydhwright7548 3 жыл бұрын
Hey Afzal, really like your content, super helpful and enjoyable. Just had a quick question: I'm trying to work towards getting an insight week in a decent firm (2022), and I want to learn some basics by completing a Financial Edge training course, maybe the 'Modeler' course. My question is 3 part: 1. Could you put the Financial Edge training course on your CV/Application, seeing as they supposedly train bulge bracket analysts? 2. Would that benefit your application or just look out of place? 3. Finally, what course from Financial Edge would you recommend? Thanks Afzal!
@AfzalHussein 3 жыл бұрын
Hey, thanks. 1. You can indeed, and most definitely should, include any FE certificates that you do in your CV/application. It'll help you stand out and shows initiative. 2. It wouldn't look out of place. It'll stand out in a positive way. 3. It really depends on what area of an investment bank you're interested in working in. For example, for front office areas such as trading, asset management and investment banking, Financial Edge have a trading course, an asset management course and investment banking courses (modeller and a valuation course). If you do decide to purchase an FE course be sure to use the code AFZAL25 at checkout for 25% off the normal price. 👍🏽
@lloydwright1415 3 жыл бұрын
@@AfzalHussein Again super helpful! Thanks Afzal, I look forward to getting started and will definitely use your code! Your incredibly prompt reply shows how truly committed you are to helping others break in! Cheers! 🤛🏻
@luishenwood7792 3 жыл бұрын
Can you do a IB vs Hedge funds
@tt-pt6qo 3 жыл бұрын
what happened to the industry videos?
@peterpetram 3 жыл бұрын
I have been thinking of starting a P.E firm.
@justinchang9977 3 жыл бұрын
everyone these days are
@bobcatdidi8188 3 жыл бұрын
I am currently studying Business management specializing in Finance and insurance, but I failed some classes in my first year. Is it still possible to land an IB job or should I look at different options?
@frrshminh3371 3 жыл бұрын
if you got connections its fine
@nasirulhaque8554 3 жыл бұрын
i am from Bangladesh.
3 жыл бұрын
Tell us about the role of trusts.
@sidraines 3 жыл бұрын
Venture Capital would be a nice comparison
@williammcguigan9986 3 жыл бұрын
What would be your thoughts on a degree apprenticeship at Jp Morgan for 2022, (I’m 17). Would you feel that the apprenticeship is worth not going to uni to break into IB. I’m concerned about the exit opportunities for the Apprenticeship. Thanks
@vicovidd3343 Жыл бұрын
There's one thing that i desegree. I don't know in USA, but here in Brazil, these banks does not care about your university. You'll just need to have their culture and stuff; you don't need to be graduated in a Top 10 university (like University of São Paulo). In J.P Morgan Chase of São Paulo, you fund a lot of differents universities, Top 10 or not
@ayazali8515 3 жыл бұрын
Hi Afzal, could you explain why exactly you left Goldman in the end?
@AfzalHussein 3 жыл бұрын
www.linkedin.com/posts/afzalhussein_my-last-day-at-goldman-sachs-how-time-flies-activity-6391541076662059008-6Ayh
@briankim7419 3 жыл бұрын
Stocks vs bond vs securities
@shashanktiwari4704 3 жыл бұрын
Thank for the video sir Can you please spare some time on my query too ? I am a biology graduate student,completed PGDBF and currently working in Public sector bank in India.How can I proceed to get into investment bank? Your words will highly be appreciated sir. Thanks
@anishgoel8389 3 жыл бұрын
what would you say are the top tier universities in the UK that make it easier to get into the top firms?
@flamingxflamingo5330 3 жыл бұрын
The ones he mentioned that are in the uk.
@annajones9701 3 жыл бұрын
Russel group - Oxbridge, LSE, Imperial, York, Durham, Warwick..any will do with good degree in mathematics, engineering, economics etc
@migueldiazcabrera 3 жыл бұрын
Would you do one on Consulting?
@AfzalHussein 3 жыл бұрын
In the pipeline 👍🏽
@migueldiazcabrera 3 жыл бұрын
@@AfzalHussein I can't wait! :)
@notshubh 3 жыл бұрын
Gang
@samuelpfisterer1659 3 жыл бұрын
Venture capital would be great
@zakiii3913 3 жыл бұрын
And search funds
@Sam.observe Жыл бұрын
Could I get a job as an investment banking analyst at the age of 14? I really have a high passion of one day working and I can't wait. I do not care if I will be stressed out but what I care is to achieve my dreams. I even predicted the crash of Bitcoin when it was at $59,000 I really wanted to short it but my dad didn't allow. So I lost a large opportunity lol 😹
@callous21 Жыл бұрын
Hobbies outside of work when you're doing 16 hours a day?
@user-ht7gw9ww1c 3 жыл бұрын
Private Equity > IB
@weizenconnoisseur 3 жыл бұрын
For the Algorithmus
@AfzalHussein 3 жыл бұрын
#Legend
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