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What an Investment Banker ACTUALLY Does EXPLAINED | Daily Office Routine, Tasks, Role

  Рет қаралды 21,235

Angela

Angela

Күн бұрын

Hi guys - welcome back to my channel. One frequent question I get not only from you guys here on KZfaq, but my own friends as well, is what an investment banker actually does. There are a lot of misconceptions and confusion about what my role actually consists of and what I do.
In this video, I explain the role of an investment banker, what a regular day in the office looks like, and some of the tasks I actually do. I hope this video was helpful in clearing some air and demystifying what actually goes on in this role.
Let me know if there are any other videos that you guys would like to see, as well as if you have any questions down in the comments section below. I love to hear from you guys.
As always, it really helps me a lot if you like the video and subscribe (if you haven't already). When you do subscribe, make sure to turn on the bell so you're notified whenever I post a new video.
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Пікірлер: 153
@elias8294
@elias8294 3 жыл бұрын
they are basically brokering large complicated business transactions, and making the process go as smoothly as possible, that's what I got from this video
@angelasunx3
@angelasunx3 3 жыл бұрын
Exactly :)
@gary2835
@gary2835 3 жыл бұрын
Angela: investment bankers don’t really work with stocks 99.99% of the world: NANI!?
@angelasunx3
@angelasunx3 3 жыл бұрын
Haha I know it's crazy!!
@iliariano3126
@iliariano3126 3 жыл бұрын
Gary: this is true, because an investment banker != a professional trader or risk manager (quant). AFAIK the biggest money is earned by bond, forex and commodities trader.
@elias8294
@elias8294 3 жыл бұрын
You have a good channel that actually explains what this career does, thanks for the videos
@angelasunx3
@angelasunx3 3 жыл бұрын
Thanks a lot for watching!
@amalsoo6596
@amalsoo6596 3 жыл бұрын
Aww the dog is so cute. Appreciate the video and keep it up 😊💯
@angelasunx3
@angelasunx3 3 жыл бұрын
He is adorable! Thanks again for watching 😄
@EyesOf_Odin
@EyesOf_Odin 3 жыл бұрын
Your responsibilities are epic. Can you make a video on time management/ organization for someone trying to emulate?
@angelasunx3
@angelasunx3 3 жыл бұрын
Yes happy to!
@xeesimxee
@xeesimxee 3 жыл бұрын
Dog looks so cute like a baby!😍 plus thanks angela i am following you i am about to start in my college with major in finance.
@angelasunx3
@angelasunx3 3 жыл бұрын
He is honestly like a big baby! Best of luck with everything, and thanks for watching!
@zk403
@zk403 3 жыл бұрын
Could you do a video on Excel & PowerPoint tips & tricks (or the best shortcuts)? I’m starting my IB analyst job soon and I would love to get some practical tips that can save me time :)
@angelasunx3
@angelasunx3 3 жыл бұрын
Hi Zoey! Yes I'm happy to :)
@Jingjingx103
@Jingjingx103 3 жыл бұрын
Hi Angela, I love your videos! This is incredibly helpful. Thank you! I’ve learned so much in this one video.
@angelasunx3
@angelasunx3 3 жыл бұрын
I'm glad!! Thank you for watching ❤️
@tooyosimi
@tooyosimi 3 жыл бұрын
Love your videos and happy for your channel growth!
@angelasunx3
@angelasunx3 3 жыл бұрын
Thanks so much Tooyosi!!
@luisbanegassaybe6685
@luisbanegassaybe6685 3 жыл бұрын
I’ve worked as a programmer for my whole career, but I’ve always found this career path so interesting
@angelasunx3
@angelasunx3 3 жыл бұрын
I'd be interested in knowing more about programmers too!
@luisbanegassaybe6685
@luisbanegassaybe6685 3 жыл бұрын
Ha, nothing interesting, just meetings and sitting in front of a screen... 🕰 👨‍💻 🕰
@angelasunx3
@angelasunx3 3 жыл бұрын
@@luisbanegassaybe6685 Same haha
@kristhomas8295
@kristhomas8295 3 жыл бұрын
@@luisbanegassaybe6685 and disappointing non technical managers who don't know why something can't be implemented in their unrealistic time frame 🙃😂
@misheelbaaska5788
@misheelbaaska5788 3 жыл бұрын
Another very useful video 😊 thank you Angela and cute puppy
@angelasunx3
@angelasunx3 3 жыл бұрын
Thanks Misheel! 😄
@LilAngel1447
@LilAngel1447 3 жыл бұрын
Most helpful video I've come across on investment banking !
@angelasunx3
@angelasunx3 3 жыл бұрын
Thank you! Glad it was helpful!
@ananyajain1942
@ananyajain1942 3 жыл бұрын
Also, can you please do a video on how you got into IB? How did you get the work experience? Where and how did you get the internships? Liked and subscribed! Ty for awesome content!
@angelasunx3
@angelasunx3 3 жыл бұрын
Definitely! I'm happy to do one :)
@ananyajain1942
@ananyajain1942 3 жыл бұрын
@@angelasunx3 YAY! You're the best youtuber! Always supporting you!!
@angelasunx3
@angelasunx3 3 жыл бұрын
@@ananyajain1942 Thanks so much 😊😊
@ashjes6807
@ashjes6807 3 жыл бұрын
Most helpful explanation video on IB hands down, thank you for your honesty and clarity
@angelasunx3
@angelasunx3 3 жыл бұрын
Thanks so much :)
@richardothompson5579
@richardothompson5579 3 жыл бұрын
This is the most informative video ive watched about investment banking🤝 thamks for all the content
@angelasunx3
@angelasunx3 3 жыл бұрын
Great to hear, thanks so much for watching Richardo!
@R6688dom
@R6688dom 3 жыл бұрын
Love your videos Angela, looking forward to watching more!
@angelasunx3
@angelasunx3 3 жыл бұрын
Thanks so much for watching! 😄
@ArtisticFashionista15
@ArtisticFashionista15 3 жыл бұрын
I love your videos so much; I’m currently looking into how to get into investment banking as a 3rd year student. Your videos are very helpful
@angelasunx3
@angelasunx3 3 жыл бұрын
Aw I'm glad! Thanks so much for watching 😃
@geechen1025
@geechen1025 3 жыл бұрын
Hi Angela! Great video and explaination. I'm glad youtube's algo recommended your channel. Subbed and liked =)
@angelasunx3
@angelasunx3 3 жыл бұрын
Thanks so much Gee! Thankful for the YT algorithm
@agirlinside3153
@agirlinside3153 3 жыл бұрын
Omg bubbles is soooooo cuteeeee
@angelasunx3
@angelasunx3 3 жыл бұрын
I know!! He is adorable haha
@aim-for-greatn3z947
@aim-for-greatn3z947 3 жыл бұрын
🤣🤣 that clip when bubbles says HELP ME! But no joke investment banking is definitely not what I assumed and thought. I was way off in regards to your career. Wow you need to be good at excel, PowerPoint and math and I bet A LOT of math. Unfortunately I'm horrible at all 3😭 but I love finance so much!
@angelasunx3
@angelasunx3 3 жыл бұрын
Thanks so much for watching! Yup good amount of all 3, but the math definitely isn't difficult. As long as you can add and subtract it's a good start haha
@heybri7416
@heybri7416 3 жыл бұрын
Cool guest
@angelasunx3
@angelasunx3 3 жыл бұрын
Sleepy guest
@kaitoxux7741
@kaitoxux7741 3 жыл бұрын
Thank you for making this!! Also your dog is sosososososo cute
@angelasunx3
@angelasunx3 3 жыл бұрын
Thank you!! 😊
@personalfinance7265
@personalfinance7265 3 жыл бұрын
Such clear explanation and right to the point 👍 Which school did you go to Angela ?
@angelasunx3
@angelasunx3 3 жыл бұрын
Thanks, appreciate it! NYU
@ananyajain1942
@ananyajain1942 3 жыл бұрын
Very helpful video Angela! You can get into investment banking straight out of college right? No masters needed?
@angelasunx3
@angelasunx3 3 жыл бұрын
Hi Ananya - yes you can! For analyst positions
@Lunarwolf004
@Lunarwolf004 3 жыл бұрын
Hi Angela, your videos are indeed helpful, I really love them. I am working on my graduate degree right now, and want to know if age is a evaluation points when HR recruiting the entry level positions at IBD apartment? I will reach 28 years old when I graduate from graduate school, and people saying IBD jobs are for young guys, especially at entry level positions.
@angelasunx3
@angelasunx3 3 жыл бұрын
You will be the right age to join as an associate. For an analyst position, they generally hire straight out of undergrad hence the younger age, so it will be more difficult to get one of those positions
@Lunarwolf004
@Lunarwolf004 3 жыл бұрын
@@angelasunx3 Thx for the information Angela, I hope getting an analyst internship during summer vacation would help me to get opportunities for IBD jobs.
@angelasunx3
@angelasunx3 3 жыл бұрын
@@Lunarwolf004 Best of luck!
@ZombxeSlayer
@ZombxeSlayer 3 жыл бұрын
Awh the baby !!!
@angelasunx3
@angelasunx3 3 жыл бұрын
I know!!
@veenagusain2393
@veenagusain2393 3 жыл бұрын
Hopefully I too convert into IBs or consultant front desk jobs . ✌️✌️
@angelasunx3
@angelasunx3 3 жыл бұрын
Best of luck!
@veenagusain2393
@veenagusain2393 3 жыл бұрын
@@angelasunx3 ☺️✌️
@bratstar0005
@bratstar0005 3 жыл бұрын
Can you make a video on how to networking like hell ?
@angelasunx3
@angelasunx3 3 жыл бұрын
There are a few videos on my channel focused on networking if that helps
@Twestliw
@Twestliw 2 жыл бұрын
GENERALLY
@ArtisticFashionista15
@ArtisticFashionista15 3 жыл бұрын
Angela quick question; I’ve networked with many individuals in the industry and have had great coffee chats, should I maintain those relationships and keep in touch?
@angelasunx3
@angelasunx3 3 жыл бұрын
Yes you should! Always good to maintain relationships, especially if you are looking for positions in the industry
@kaitoxux7741
@kaitoxux7741 3 жыл бұрын
Please do a reaction video to the show Industry, been binging it
@angelasunx3
@angelasunx3 3 жыл бұрын
I'm planning to!
@justanamateur1682
@justanamateur1682 3 жыл бұрын
Question! When a company issues an IPO, who exactly gets first dibs? I’ve been seeing for example DoorDash and Airbnb the IPO price was gonna be around $50-$68 but then it went to over $140 upon initial offering to the public. Why does this price increase? Do those people who get first dibs have to invest X amount of dollars for X amount of time in order to obtain that stock at that $68 price?
@angelasunx3
@angelasunx3 3 жыл бұрын
Yep so the people who get "first dibs" are investors who pay the IPO price (generally institutional investors who have relationships w the banks in the syndicate) and once the stock begins to trade the supply and demand will determine the opening price.
@justanamateur1682
@justanamateur1682 3 жыл бұрын
@@angelasunx3 thank you :3
@stevenklingbel201
@stevenklingbel201 3 жыл бұрын
How many projects would you say you are on at a given time? Like 1 pitch 1 live financing 1 live m&a?
@angelasunx3
@angelasunx3 3 жыл бұрын
Usually about 3-5 active projects at a time ranging from pitches to live deals
@user-gz6rj5sd9z
@user-gz6rj5sd9z 3 жыл бұрын
Curious if you pick the name from "Bubble Tea"? LOL Surprised to see the great chemistry within the same analyst class in a bb firm. More likely because of the norm in the industry, the firm culture or just great people within the group?
@angelasunx3
@angelasunx3 3 жыл бұрын
Combination of great people + spending a lot of time with each other due to the long hours. Chose it because he had a really bubbly personality as a puppy!
@KOH2423
@KOH2423 3 жыл бұрын
Which jobs in investment banking has a base salary of 300k/400k?
@angelasunx3
@angelasunx3 3 жыл бұрын
When you're above VP level
@KOH2423
@KOH2423 3 жыл бұрын
@@angelasunx3 Are compensations/bonuses given to investment bankers the same as their salary?
@angelasunx3
@angelasunx3 3 жыл бұрын
@@KOH2423 Higher % as you rise up
@brandonn2584
@brandonn2584 3 жыл бұрын
I am about to do a virtual SA at a MM in Tech coverage. How do I reduce my anxiety? Any tips for success/communications? How often do I ask for work
@angelasunx3
@angelasunx3 3 жыл бұрын
Good luck! Would try to be proactive, check over your work to minimize mistakes, and be very responsive over email. You'll be fine! Will do a video on tips as well
@Nero691
@Nero691 3 жыл бұрын
Ok thank you for making this. So if I were to become a investment banker what should I go to college for?
@angelasunx3
@angelasunx3 3 жыл бұрын
Finance degree would be most relevant
@obscurasangser570
@obscurasangser570 3 жыл бұрын
Is it necessary to have a degree in Finance to be an investment banker? How are the chances of getting an offer from outside the US?
@angelasunx3
@angelasunx3 3 жыл бұрын
Nope not necessary at all, but helpful. It's possible! Especially if you've had relevant experience.
@ascendingboy.7706
@ascendingboy.7706 3 жыл бұрын
Is there anything common bw the bankers shown in movies and real life ?
@angelasunx3
@angelasunx3 3 жыл бұрын
To some degree, but there are a lot of exaggerations on stereotypical personalities in movies / tv shows
@ascendingboy.7706
@ascendingboy.7706 3 жыл бұрын
@@angelasunx3 thought so about the glamour and fancy part . 😅😅
@TheDiya2002
@TheDiya2002 3 жыл бұрын
I’m a freshman at a average university. I want to potentially become an investment banker but I have no idea where to start.
@angelasunx3
@angelasunx3 3 жыл бұрын
I'd start off with getting relevant experience through internships and clubs to try and make yourself stand out
@TheDiya2002
@TheDiya2002 3 жыл бұрын
@@angelasunx3 thank you so much! Also love your videos
@sarveshpatki
@sarveshpatki 3 жыл бұрын
Is it possible to get into Investment Banking if you have a MS in Data Science degree from a top (target) university?
@angelasunx3
@angelasunx3 3 жыл бұрын
Yes plenty of people go into IB without having majored in something super relevant (such as finance)
@sarveshpatki
@sarveshpatki 3 жыл бұрын
@@angelasunx3 ohh that's good hear. It will be great if you could make a video on how non-finance people can get into IB straightout of college. And I love your videos. Thanks for putting out such amazing content !
@ngamantam9220
@ngamantam9220 3 жыл бұрын
Hi Angela, would love to know more about the competition in different investment banks?
@angelasunx3
@angelasunx3 3 жыл бұрын
As in competition within the bank amongst coworkers, or competition amongst dif banks?
@ngamantam9220
@ngamantam9220 3 жыл бұрын
@@angelasunx3 within the bank! I heard that ibanks allocate bonuses by ranking analysts?
@angelasunx3
@angelasunx3 3 жыл бұрын
@@ngamantam9220 kzfaq.info/get/bejne/f92qfKeLtKypcZc.html
@pembasherpa3601
@pembasherpa3601 3 жыл бұрын
Hi Angela do investment bankers drink coffee to make themselves awake ? Is it necessary for investor blanker to drink alcohol while making a deal with their clients?
@angelasunx3
@angelasunx3 3 жыл бұрын
Yes to coffee, and no to alcohol. These deals are usually done in meeting rooms.
@thabelomulaudzi2893
@thabelomulaudzi2893 3 жыл бұрын
Love from South Africa♥️♥️
@angelasunx3
@angelasunx3 3 жыл бұрын
Aw thanks so much for watching! ❤️
@aryanrana9025
@aryanrana9025 3 жыл бұрын
So investment bankers can't manage their time to do Trading? as it's relevant to put our money on the stock market nowadays. Investment Banker must have good knowledge of investing in stocks as a matter of creating their wealth. Don't you think so?
@angelasunx3
@angelasunx3 3 жыл бұрын
Investment bankers are limited in what they can invest in due to the nature of the job (a lot of NPI)
@aryanrana9025
@aryanrana9025 3 жыл бұрын
@@angelasunx3 What NPI stands for? So investment bankers can't do trading, Index funds, Gold, debentures, bonds n all ?
@angelasunx3
@angelasunx3 3 жыл бұрын
@@aryanrana9025 Non public information - very limited, and everything has to be disclosed.
@aryanrana9025
@aryanrana9025 3 жыл бұрын
@@angelasunx3 so what about Investment Banking Trader? Do they face the same problem? And what is going to be if one makes their demat a/c in the name of any family member?
@angelasunx3
@angelasunx3 3 жыл бұрын
@@aryanrana9025 S&T likely doesn't face the same issue since they deal w the public markets, whereas we deal w private. Secondly, with a few exceptions, it isn't allowed to open up a trading account in someone else's name.
@saakshishah8172
@saakshishah8172 3 жыл бұрын
What degree would you recommend for Investment banking? Master's or MBA?
@angelasunx3
@angelasunx3 3 жыл бұрын
MBA
@matgame2
@matgame2 3 жыл бұрын
Is it common to see international students or immigrants working in IB or other industries like AM, PE etc in NYC? How tough would you say it is for someone in another country to secure an analyst role in NY?
@angelasunx3
@angelasunx3 3 жыл бұрын
Yes definitely! Oftentimes though, they did college or MBA in the US
@matgame2
@matgame2 3 жыл бұрын
@@angelasunx3 I was thinking about going the MBA route. Those who take that route typically enter as an associate?
@angelasunx3
@angelasunx3 3 жыл бұрын
@@matgame2 Yup that's correct. I know of people who have done MBA, Associate, then PE Associate, so definitely possible.
@matgame2
@matgame2 3 жыл бұрын
@@angelasunx3 Thanks so much for replying. I really appreciate it!
@angelasunx3
@angelasunx3 3 жыл бұрын
@@matgame2 No problem best of luck!
@vssnav
@vssnav 3 жыл бұрын
I'll be starting as an Analyst in late May. Is it typical to have 60 days to pass all three required exams and is that enough time to prepare while on the job?
@angelasunx3
@angelasunx3 3 жыл бұрын
Usually people take prior to starting on the desk, and during training - it's enough time
@vssnav
@vssnav 3 жыл бұрын
@@angelasunx3 Thanks! Did you need to buy any study material online (knopman material) or was everything provided by the bank?
@subarashi516
@subarashi516 3 жыл бұрын
9-8 damn thats 11 hrs how on earth can sombebody do that much for 6 days a week. thats nuts. i think software enigneers make more and also have to work lesser number of hours.
@angelasunx3
@angelasunx3 3 жыл бұрын
Usually past 8PM! ~15 hours is average
@subarashi516
@subarashi516 3 жыл бұрын
@@angelasunx3 idk how much of it is true i was thinking of going in IB but these hours are impossible for me. i can think of thee hours if 2 days weekend is off but i have heard you guys work on saturdays too.:(
@angelasunx3
@angelasunx3 3 жыл бұрын
@@subarashi516 Weekends are unpredictable - some weekends you'll have to work, while others you won't. On average would say a couple of hours of work every weekend.
@subarashi516
@subarashi516 3 жыл бұрын
@@angelasunx3 thanks a lot angela for answering. could you say how much total comp a banker can earn say around 10-15 years down the line ? very little data is available about it on the interenet. if possible can you make a video comparing the salaries of the bankers and software engineers at different stages of their career 5,10 years etc. you can refer to the salary structures of software engineers at levels.fyi they are pretty accurate
@angelasunx3
@angelasunx3 3 жыл бұрын
@@subarashi516 Happy to make a video on comps for bankers as they move up - it's really based on your performance and how much revenue you bring in. I'd say 15 years in likely making close to 7 digits all-in
@vijayswain.chandan
@vijayswain.chandan 3 жыл бұрын
How to get a job in investment bank?
@angelasunx3
@angelasunx3 3 жыл бұрын
Would see my other videos :)
@registrateanything
@registrateanything 3 жыл бұрын
Cute, I mean the dog, I mean both of you 😃
@angelasunx3
@angelasunx3 3 жыл бұрын
Thanks!
@Finallast574
@Finallast574 3 жыл бұрын
So sounds like trying to find an undervalued small fish company for the big fish to buy. And if done legit get a cut off that deal. The rest is paperwork. And then there are some.
@angelasunx3
@angelasunx3 3 жыл бұрын
Yup yup one way to think of M&A!
@premsinha9046
@premsinha9046 3 жыл бұрын
Hey can we join as an associate after cfa level 2?
@angelasunx3
@angelasunx3 3 жыл бұрын
I know people join as associate after MBA, but am unsure about CFA!
@sunilchauhan3558
@sunilchauhan3558 3 жыл бұрын
Mam I want to do internship in goldman sachs what is the process how I do
@jean-baptistesay6941
@jean-baptistesay6941 3 жыл бұрын
kzfaq.info/get/bejne/gt5ko9KC3JfRiqM.html
@sunilchauhan3558
@sunilchauhan3558 3 жыл бұрын
Mam I don't get it properly could you please explain me in comments it's good or bad
@Gbignonv
@Gbignonv 3 жыл бұрын
Loved ur channel ! I’m Going to NY in 10 days, wanna go out?
@angelasunx3
@angelasunx3 3 жыл бұрын
Thank you!
@elias8294
@elias8294 3 жыл бұрын
LMFAO she effortlessly rejected that invitation, it alright, keep ya head up
@LilAngel1447
@LilAngel1447 3 жыл бұрын
Is MBA needed for IB ?
@angelasunx3
@angelasunx3 3 жыл бұрын
Not for the analyst program, but could help you get in as an associate
@shikhargupta5609
@shikhargupta5609 3 жыл бұрын
hey angela
@angelasunx3
@angelasunx3 3 жыл бұрын
Hello!
@mallillindantejr4920
@mallillindantejr4920 3 жыл бұрын
How old are you?
@angelasunx3
@angelasunx3 3 жыл бұрын
Just turned 24
@mallillindantejr4920
@mallillindantejr4920 3 жыл бұрын
@@angelasunx3 nice young age
@turupbadboy9402
@turupbadboy9402 3 жыл бұрын
Shit life that is ....
@icecream6680
@icecream6680 3 жыл бұрын
omgg whats wrong with ur dog 😂😂😂
@angelasunx3
@angelasunx3 3 жыл бұрын
lmao he just sleeps all the time
@ishansrivastav1420
@ishansrivastav1420 3 жыл бұрын
You are boring us by showing that dog again and again. Try to be professional..
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Day in the Life of a Goldman Sachs Investment Banking Intern NYC
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What do investment bankers actually do?
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Good Work
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Before VS during the CONCERT 🔥 "Aliby" | Andra Gogan
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Andra Gogan
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