Plot Twist: the Quant is actually an undercover exit opps-er that practices LBOs all day and just alt+tabs to the Fama French three factor model whenever people come over to ask for excel tips.
@angelasunx33 жыл бұрын
Haha a Quant is oftentimes also an Exit Opps-er, but an Exit Opps-er is not always a Quant
@Andrew-nm3oz3 жыл бұрын
What do you guys use 3 factor valuations for in IB?
@yelin98533 жыл бұрын
Awesome! We should also include the 7th type "Lifestyle type of Bankers" - ones that just don't care about office politics and culture and don't care too much about what others think.
@angelasunx33 жыл бұрын
Yes agreed! Those exist.
@kanieraliapeng7243 жыл бұрын
Omg! Youre channel is SOOOO helpful! Im a high school student and it helped me make the decision into IB. God bless you. I hope you have a great day and career ahead of you❤
@angelasunx33 жыл бұрын
Thanks Kanie! So glad it was helpful for you
@kaitoxux77413 жыл бұрын
Same for me! In my last year of high school and I've been straight binging
@ninah.66843 жыл бұрын
I didn't expect it's gonna be this hilarious haha, Angela, you're a born actress
@angelasunx33 жыл бұрын
Haha thanks Nina!
@albertng98503 жыл бұрын
@@angelasunx3 the sarcastic skits were hilarious
@InspirLang3 жыл бұрын
I thought this video is so funny 😂 make more of these Angela! A facetimer sounded just like my boss hahhah. I learned something new!
@angelasunx33 жыл бұрын
Thank you! I'm glad you can relate this to your boss haha
@i1234569876543 жыл бұрын
lol the quant is so awesome...wish i had one when i was in college taking a valuation class online
@angelasunx33 жыл бұрын
Haha the quant is v helpful
@Ceratops173 жыл бұрын
I'm trying to become a quant though and there aren't much videos covering it. Studying maths with finance
@jngmom41053 жыл бұрын
More on the Quants please. Very helpful and informative for wannabe IB out there.
@angelasunx33 жыл бұрын
Thanks! Haha perhaps I'll do a more in depth video or part 2
@josuemiamire3 жыл бұрын
The kiss up actually sounds like they got this game figured out lol
@angelasunx33 жыл бұрын
Haha actually though
@MakingaStink Жыл бұрын
Lol I literally laughed out loud. I might be a mishmash of a few. There’s another I’ve come across the “I’m just looking for my spouse”.
@angelasunx3 Жыл бұрын
😂
@ashleyxu92063 жыл бұрын
wow this is so creative! it really helped my understanding of the different people that youll meet in this industry!
@angelasunx33 жыл бұрын
Thank you!! 😊
@SummerStory1013 жыл бұрын
Another great one, Angela. People is the backbone of every business. Reading and understanding people is key to succeeding at every job! Perhaps we can chat in private on LinkedIn.
@angelasunx33 жыл бұрын
Agree! And yup feel free to connect with me on LinkedIn and I'll check at a later point
@bankmelater3 жыл бұрын
😂😂😂😂 I love this production!!! Wayy tooo many exiters out there, YT is up there with KKR at this rate 😜
@angelasunx33 жыл бұрын
Haha thank you so much! YT or KKR? Who knows...
@asantemzungu98863 жыл бұрын
Hi, could you please make a video on renting apartments in NYC for incoming analysts?
@angelasunx33 жыл бұрын
Definitely! Planning to do a video on apartment renting - let me know if there are any specific things you'd like to see
@edward20093 жыл бұрын
@@angelasunx3 Are there any apartments with swimming pools?
@angelasunx33 жыл бұрын
@@edward2009 There are some!
@kuka68263 жыл бұрын
Oh I would love that too! Just arrived in the city and wondering what the right area would be for me :)
@angelasunx33 жыл бұрын
@@kuka6826 I usually decide based on the transit to my workplace and pick based off there! Really depends what your priorities are :)
@anonymouscoder32933 жыл бұрын
Hey hope you have a wonderful day 🥳 situation is very critical here in India 😓😔
@angelasunx33 жыл бұрын
Thank you, have a great day too and stay safe!
@plazmafield3 жыл бұрын
Haha, not an investment banker, but I'd definitely be the quant. I love playing with Excel formulas
@angelasunx33 жыл бұрын
You'd be the perfect quant
@plazmafield3 жыл бұрын
@@angelasunx3 perfect example, today I was creating the Anova multiple regression table in Excel... Except, instead of hardcoded values that the Data Analysis add-in spits out, I've replaced everything with dynamic array functions. I've gone so far as to set the underlying matrix calculations to handle dynamic ranges. I'm using indirect cell references where the part of the cell range is measured via a substitute(address( formula with count and counta functions to identify where a dynamic data set ends. I also set it up so any independent variable column located in the original raw data can be dragged outside a range or shifted with another column. Should be pretty handy when optimizing autocorrelation.
@PradeepJohnsonChung2 жыл бұрын
I think we could also add 7. very cocky type 8. my dad is MD type lol, great video!
@angelasunx32 жыл бұрын
Great additions!!
@sweitang63053 жыл бұрын
Great vid as always....love your channel!
@angelasunx33 жыл бұрын
Thanks Swei!
@LilAngel14473 жыл бұрын
the kiss up 🤣 sounds like a lot of people i know too
@angelasunx33 жыл бұрын
Haha I know right??
@kaitoxux77413 жыл бұрын
Love this video XD Your channel is honestly sooo helpful
@angelasunx33 жыл бұрын
Glad you think so!
@fun_point38733 жыл бұрын
Just one question. Have you ever seen a kiss up going up the ladder. The way I think is they might run out of gas eventually and when stakes are high like to senior bankers when your work has more say then your talks. I am not from IB but I am into treasury and operations but I do talk a lot to traders I deal with and also doing CFA and FRM to get into core IB. Just want to know how things look for the kiss up down the road. One of my previous colleague got into a new small co with decent package. Just because he had a good relationship with my previous manager, the manager helped him getting that position. I hated that and it took me like 2-3 weeks to get over it. Maybe i am a bit jealous 🙄. Kuddos to your videos. You are uploading out of the box contents and I am loving it❤️
@angelasunx33 жыл бұрын
Haha thanks so much! Glad you're enjoying it. I think kiss-ups can go far sometimes but it really depends on the people above them. At some point people start to realize that your work just isn't great even if you're good at forming relationships with people.
@nycto163 жыл бұрын
I think i will be the Why Am I Here? person xD because currently i'm majoring in Advertising & Marketing because i love it, later on i will do my MBA & MS in Finance because of money in banking industry i hate numbers but finance jobs are the most high paying, marketing is also good but no one can beat finance..
@angelasunx33 жыл бұрын
Haha if you end up not enjoying it, you can always switch to something else on the bright side :)
@nycto163 жыл бұрын
@@angelasunx3 Yes so my undergrad in Advertising & Marketing won't be useless 🙌
@angelasunx33 жыл бұрын
@@nycto16 Definitely not
@nycto163 жыл бұрын
@@angelasunx3 ❤️🌟
@NoelAbingwa3 жыл бұрын
Really nice video.. Loved it.
@angelasunx33 жыл бұрын
Thanks so much, Noel!
@edward20093 жыл бұрын
This is great! Thanks for sharing :)
@angelasunx33 жыл бұрын
Thanks so much for watching! 😊
@businessbellebre69363 жыл бұрын
This is so accurate. Love it!
@angelasunx33 жыл бұрын
Haha thank you!
@justanamateur16823 жыл бұрын
Can you make a video on the recent events on Gamestop and how the investment bankers/analysts are reacting to this? How the environment and mentality is at work now?
@angelasunx33 жыл бұрын
Honestly aside from all the memes I've been seeing it doesn't affect investment bankers at all! Would be interested to see someone at a hedge fund react haha
@justanamateur16823 жыл бұрын
@@angelasunx3 thanks! Yeah I want to see how someone at a hedge fund is feeling right now.
@nowtimesentertainment1683 жыл бұрын
@@angelasunx3 u mean Melvin didn't lose any money on short positions when gme stonk?
@angelasunx33 жыл бұрын
@@nowtimesentertainment168 They def lost a lot
@AS-kf1ol2 жыл бұрын
Im coming into a bulge bracket bank as an experienced hire... I am really curious about the facetimer. Does that actually work? This will be my first move into finance but in every role I've had before if just one person is staying to work super late that's usually a sign that they are inefficient or that whoever is managing them/their work is doing something wrong. It's never looked upon kindly as it signals someone's incompetence. Would be a hugee thing of importance to note if this type of tactic actually works in the banking environment/culture.
@angelasunx32 жыл бұрын
It works! Generally people who are seen staying late are seen as "hard workers" rather than "inefficient" in banking
@AS-kf1ol2 жыл бұрын
@@angelasunx3 thanks for the reply! Good to know! This will definitely go far in helping me adapt to the culture.
@misheelbaaska57883 жыл бұрын
Another great video Angela ☺
@angelasunx33 жыл бұрын
Thanks Misheel! :)
@ajschwabe67123 жыл бұрын
Your videos come up to the top of my feed 😂
@angelasunx33 жыл бұрын
AJ! Haha the youtube algorithm is magic
@ianlee10373 жыл бұрын
Do you follow Graham Stephan? I feel like you’d be a perfect guest for his Iced Coffee podcast!
@angelasunx33 жыл бұрын
I do! Don't think I've seen the iced coffee podcasts though, will need to check it out
@poopydoopy70622 жыл бұрын
Love your content!
@angelasunx32 жыл бұрын
Thanks!
@muhammadislah17023 жыл бұрын
Currently, I just finished my BA Hons in Business Management and about to pursue my study in Master Degree in Finance. Can I become an analyst by using those two qualifications?
@angelasunx33 жыл бұрын
Yes those qualifications are enough
@drnickriviera86772 жыл бұрын
NOOO dont do it.. You will be replaced anyway in 15 years, with some ML Model or cheaper Russian/Asian Person ;)
@Darkhisagi2 жыл бұрын
This is hilarious Angela, love your videos! What type of Banker did you used to be when you were in IB? haha
@angelasunx32 жыл бұрын
Prob a mix of about half of them 😂 Maybe the "why am I here" haha
@vanessaawunor3 жыл бұрын
So accurate and relatable! 😂
@angelasunx33 жыл бұрын
Haha thanks!
@Onomato3 жыл бұрын
Whats a PE and why is it "more chill" than investment banking?
@angelasunx33 жыл бұрын
Private equity - didn't mean it was more chill, just meant that bankers could chill after they have an offer from elsewhere while in banking
@Onomato3 жыл бұрын
@@angelasunx3 oh okay thank you! Im a Junior in high school thinking about going into finance.
@bayanm.35642 жыл бұрын
thanks for sharing if I want to have job in investment banks how I can start? I'm MBA and CFA chaterholder
@angelasunx32 жыл бұрын
MBA is definitely a helpful start
@bayanm.35642 жыл бұрын
@@angelasunx3 I have MBA and CFA level two and 13 years experience in the central bank in my country but Im 38 years old is that a problem? Do they prefer younger fresh graduates?
@routefinance66093 жыл бұрын
Nice one video, Angela
@angelasunx33 жыл бұрын
Thank you! 😃
@baz11843 жыл бұрын
Any advice on how to improve my technical skills as much as I can?
@angelasunx33 жыл бұрын
There are online courses with modules that help with modeling and technicals that you can look into to help - otherwise, if it's just prepping for interviews, would look into the 400 Q investment banking guide. I talk about it in a few of my videos.
@ashjes68073 жыл бұрын
This is sooo accurate
@angelasunx33 жыл бұрын
!!
@autumnchung86513 жыл бұрын
What type are you?!😉
@angelasunx33 жыл бұрын
Probably not Quant or Believer lol
@jeffl93433 жыл бұрын
lol, in that case you are someone who is sociable at work; looks up PE opportunities when you arrive early for work and edits videos when you leave late at work; all the while wishing you could be doing youtube and traveling full time
@ej98063 жыл бұрын
Interesting!. We are not that diversed in Germany. Most bankers here look the same-99% from upper class, has side part haircuit, wear half-trimmed glasses, very tight blue shirts with ugly shoes, closed-minded, has never even thought of interesting work outside IB , greatest wish in life is to "do deals" or pivot to a PE company.
@angelasunx33 жыл бұрын
Haha that's interesting! I suppose slightly more diverse, at least on the junior level, in NYC
@annajones97013 жыл бұрын
US is way more diverse as size of nation. Same in medicine.
@olive0eyes03 жыл бұрын
public school indoctrinated schoolboys?
@annajones97013 жыл бұрын
@@olive0eyes0 us is different to Europe
@danielmoore92143 жыл бұрын
I think you should have stuck at banking, most big jobs like banking, medicine, law etc are quite tough to start with but gets less manic later....
@fumingwang56393 жыл бұрын
Which type makes investment banking career videos? :)
@angelasunx33 жыл бұрын
Might need a whole new category for the KZfaqr Investment Banker!
@fumingwang56393 жыл бұрын
@@angelasunx3 hahaha
@lookslikeimadeitok34313 жыл бұрын
In a normal work day pre covid were your hours really bad I’ve chosen to try to go into Ib but people r telling me that I won’t have a life and won’t get to hang out with friends or have any off time. is it mandatory to work from 9am-10pm everyday. Or are the hours more like 9-5 then u can go home
@angelasunx33 жыл бұрын
I'd say it's more like you would expect to work 9am-10pm (likely later). I don't think I've personally had a 9-5pm day aside from perhaps the week of Christmas to be honest with you. It's worthwhile due to a lot of other reasons in terms of career progression, but you should go into IB with the expectation of working long hours.
@ArtisticFashionista153 жыл бұрын
Hi Angela, Do you how many questions the IB Interviewers ask for summer internships? is it like 30+?
@angelasunx33 жыл бұрын
No specific amount - just depends on the bank / individual interviewer, but can be 30+ sometimes or even
@investmentbankinginterview44543 жыл бұрын
I have a slight feeling I would be the quant
@angelasunx33 жыл бұрын
Nice!!
@samuel.andermatt3 жыл бұрын
I am not really into IB. What is typically the background of the quant, finance, computer science, or a stem degree?
@angelasunx33 жыл бұрын
Wouldn't say there's a typical background for those degrees as they're quite varied!
@samuel.andermatt3 жыл бұрын
@@angelasunx3 Thanks for the answer, I think my formulation was a bit unclear. Is the background of a quant in finance, or does the quant have a computer science background or does a quant have a background in a STEM subject typically?
@atlfun083 жыл бұрын
Awesome! 👏 👏
@angelasunx33 жыл бұрын
Thanks!! 😃
@JamesLee해외주식3 жыл бұрын
Facetime = iPhone :-) Nice video editing and awesome acting.
@angelasunx33 жыл бұрын
Yes! Haha thanks James!
@krishnaprasad20063 жыл бұрын
Hi, there are lot of Analyst Programs on different investment banks to kick start our carrer in IB. So do we need to pay fees for this programmes? Or we get salary for this programme? Pls reply to me
@angelasunx33 жыл бұрын
You should get a salary for them, should not be paying
@krishnaprasad20063 жыл бұрын
@@angelasunx3 oohk tq , i thought this is like a PG program where we need to pay fees to them for 2 years 😂😂i had a doubt regarding that😇,but now u clarified that
@angelasunx33 жыл бұрын
@@krishnaprasad2006 No problem!
@user-zg9wu2ic9n3 жыл бұрын
Just curious which one do u think u r 🤣🤣btw really enjoy ur video (very differential from others and quite informative for ppl who wanna enter IB
@angelasunx33 жыл бұрын
Thanks! Probably not Quant or Believer I'll say that
@adrianalvarado71013 жыл бұрын
Love this video 🤣🤣🤣
@angelasunx33 жыл бұрын
Haha thank you!
@KenRuan3 жыл бұрын
They hate modeling. Oh me tooo me too
@angelasunx33 жыл бұрын
Haha you're the "What am I Doing Here?"
@Ae-dp6ig3 жыл бұрын
Hey, can you make a video about the quants ?
@angelasunx33 жыл бұрын
Sure! As in about the background of one?
@Ae-dp6ig3 жыл бұрын
@@angelasunx3 Yes !! background, how the industry (non maths finance ppl) sees them, and what is their career path in the long run ?
@johntatendamushonga77903 жыл бұрын
Hi can I become an analyst in the US with a UK Actuarial Science degree?I'm a first year and I'm considering becoming an ib
@angelasunx33 жыл бұрын
I'm not as sure how it works applying to US schools from the UK unfortunately
@johntatendamushonga77903 жыл бұрын
@@angelasunx3 noted with thanks, but do these bulge bracket US banks take graduates from the UK and other European Universities?
@prathamrana84333 жыл бұрын
Do Bankers get holidays in case of an International student, and can they generate passive income other than their salary or bonuses? And how can they invest their money to make themselves adapt from Inflation? Please tell.
@angelasunx33 жыл бұрын
Bankers get holidays any time the stock market is closed, and yes it's possible to generate passive income aside from their salary/bonus. Investing is a bit limited, but there are other methods. It's just finding the time to do so.
@prathamrana84333 жыл бұрын
@@angelasunx3 why bankers can't trade-in stock market for themselves, it sounds so strange, cause one motive is to generate income for himself too?
@angelasunx33 жыл бұрын
@@prathamrana8433 There's limitations due to insider trading laws and a lot of approvals to go through to get accounts or trades cleared
@prathamrana84333 жыл бұрын
@@angelasunx3 Can I ask, how Bankers can live upon by solely their own salary(n bonus), especially the places like Manhattan, Brooklyn etc. It sounds so discriminative. Don't you think so? Cause Investment is so essential at this time specially.
@prathamrana84333 жыл бұрын
@@angelasunx3 Bulge Bracket Banks don't provide housing facility, as Google provides by their headquarters?
@chunxu73972 жыл бұрын
非常好!语言流畅生动!佳语连珠。
@angelasunx32 жыл бұрын
Thank you!
@abdulsamadkhan90813 жыл бұрын
Hello, This is Abdul Samad from India.I have seen some of videos it's to good, Surely you will do better than this.My queries is for Investment Banker job we should study MBA in (finance) or Masters in finance.please help me out for this. Thank you for reading
@angelasunx33 жыл бұрын
Usually MBA
@mbrie122 жыл бұрын
1 day into the job lmao
@angelasunx32 жыл бұрын
😮
@user-nz2zu7tv8n3 жыл бұрын
wonder which type would have higher possibility to make it to MD,haha
@angelasunx33 жыл бұрын
Probably "The Believer" tbh haha
@rohenveera50613 жыл бұрын
I mean you can always work from home? So face time is obsolete LOL
@angelasunx33 жыл бұрын
Only during the pandemic! Otherwise we are always in the office during weekdays, can't opt to WFH
@mandyramos16713 жыл бұрын
I think everyone in IB is trying to go to PE
@angelasunx33 жыл бұрын
Plenty
@dimi5833 жыл бұрын
gosh i hate the kissups! specially when they start to brag about that 1/10 case they did well in a project
@angelasunx33 жыл бұрын
Hahaha
@ge84493 жыл бұрын
lol this is so funny
@angelasunx33 жыл бұрын
😂
@jasper59023 жыл бұрын
And here i am, wondering which one does Angela belongs to? XD Im putting my bets on exit opps-er
@angelasunx33 жыл бұрын
Probably a mesh of half of these tbh haha
@jlo33493 жыл бұрын
lollll so true
@angelasunx33 жыл бұрын
Right??
@SummerStory1013 жыл бұрын
See replies under my comment below. Someone is impersonating you to solicit clients. You might wanna block them.
@angelasunx33 жыл бұрын
Thanks! Yep they've been reported and removed from this channel
@registrateanything3 жыл бұрын
Funny.
@angelasunx33 жыл бұрын
Thanks
@veenagusain23933 жыл бұрын
Backstabber ?
@angelasunx33 жыл бұрын
Thought there'd be more "snakes" in IB, but honestly everyone I've met is quite normal / genuine!