Day in the Life of an Investment Banker [The HONEST TRUTH]

What do investment bankers actually do? Following the financial crisis, bankers have become even more unpopular than they were before 2009. Yet, I know quite a few bankers. Some of them are my good friends. And I think they are good, driven people. So, I wanted to have an honest conversation with an actual banker about what bankers REALLY DO. And I wanted to find out whether it's possible to justify how much frickin money they earn.
Enjoy and let me know your thoughts in the comments 🤗
…………………………………………………….
📸 Instagram - / liam.porritt
🌍My little kingdom - liamporritt.com
Who I am:
I'm a trainee lawyer studying in London. I graduated from Cambridge, speak French and Spanish and don’t believe in “natural talent” 😮 BUT... I do believe that TOGETHER, WE ARE ALL CAPABLE OF POSITIVITY, PRODUCTIVITY AND SUCCESS.
📸 Instagram - / liam.porritt

[@brandonn2584]

Going into banking this summer as a summer analyst at a middle market bank in NYC, pray 4 me bois.

[@usernameufo123]

Summer internship is usually a joke. GL full time

[@hiphiphorhayy]

got your bachelors? or?

[@MrLuger-jp9kd]

Can you guide me through how one can become?

[@zacharystone8817]

@@MrLuger-jp9kd mathematics, finance, economics are the best

[@usernameufo123]

@@MrLuger-jp9kd Finance / economics degrees are best suited, but you will make your life a lot easier by going to a target school / target program for IB

[@Katerina2020]

living in New York I've been on numerous dates with bankers/finance guys and none of them were able to explain what they do as clearly as this lady. Thank you!

[@Grimmes12]

Lmao I wonder why they dont take the time to explain themselves, keeping in mind that you target those kinds of men to take you on dates

[@DavidA.20]

@@Grimmes12 lmfao 🤣

[@crossbearer6453]

Maybe it’s because they felt that they would bore you You weren’t dating them to interview them , or were you??

[@chuangli3678]

1. Banker is somewhat like a teacher, he/she teach or lead one or some companies to grow bigger and get revenue from this journey. 2. Everyone should know why you make a certain decision and be responsible for every move. 3. If you want to be excellent, first be surrounded by excellent people.

[@Brainjoy01]

guy in the back was wondering when his interview starts

[@valerianardelean9235]

lol, take a shot every time he looks at the camera

[@dottleluce]

this was a great interview. questions were simple but essential and thought-provoking. answers were comprehensive yet still concise. the IB analyst is particularly articulate. learned a lot. 12 mins well spent.

[@samuellytton6820]

Perfect interview to get insights into what an investment analyst does. Great questions asked, honest and informative answers given.

[@mkg1253]

Pretty damn accurate - work in finance myself as an analyst

[@mkg1253]

A lot of excel...

[@liam.porritt]

Hahaha - glad you think it's pretty accurate! A seriouuusss amount of Excel 😂

[@kushiiiy1582]

can you help get me work experience? I’m an undergrad at Cass business school

[@govou3000]

@@liam.porritt And Powerpoint...

[@mkg1253]

Kevin Junior Mekulu this is true

[@noahorakwue2653]

My disdain for the banking industry primarily comes from the leadership rather than the industry as a whole because I've always known banks serve an important purpose in our economy, but the anger comes in the fact that the actions of these banks affect the world at large and we are constantly being asked to bail them out while regular people get screwed and we still have no input in how they operate so there's no mechanism to prevent this from happening again.

[@MrOlimar]

Great video, IB vs PE vs HF all have their unique challenges. Also, pretty amazing that she didn't say "uh/um" once while explaining things.

[@chickedeedee292]

William Davis she is articulate then.

[@rammohan1991]

Eeh

[@tbelj]

elon musk does it and it can sometimes just be a product of your brain moving faster than the words can come out of your mouth. its not a determination of how intelligent one sounds, what matters is the actual information that is being said by the individual.

[@jonathanedward5062]

I am a banker myself and this was interesting to see. Banks are indeed vital for the economy, but very complex. And this makes it hard to explain to non-finance people.

[@liam.porritt]

Glad you liked it Jonathan! Yeh completely agree, and obviously the negative press attention following the financial crisis only worsened that reputation, which was to an extent merited... but there is DEFINITELY a misconception that bankers and financial services more broadly do little other than make the rich richer. They are essential, but must also be kept in check to avoid excessive risk taking at the expense of tax payers should things go belly up!

[@ludwigvonsowell5347]

Would love to hear your story sometime Jonathan.

[@rad1c1e]

Jonathan Edward surely an important aspect of the job is being able to explain things to non-finance people?

[@erleedng]

@@rad1c1e he's probably a teller

[@uncleiroh4650]

Oliver Stein depends on the position. That’s like saying an engineers job is to explain how things work to non engineers. Of course they can give you a summary, but without the prior knowledge, going into details would be confusing to most. Like how people can watch videos on quantum mechanics and understand the basics, but be completely ignorant on the proofs that went into each theory

[@MysteriousStranger08]

I clicked on your channel with low expectation and subscribed immediately after 2 videos. Your content is very good.

[@liam.porritt]

Thank you so so much!! Honestly means so much and I hope I can continue to exceed expectations 🤗

[@benz.]

Another great video, Liam! Big thanks to your friend for her insight, very clear and to the point. Most shocking part for me is the hours they worked, I heard it was bad, but that chart really put it into perspective..

[@liam.porritt]

Thanks so so much for commenting, Ben - honestly is massively appreciated! Really glad you found it helpful and glad you found what she said clear! But yep - I 100% agree... the hours are crazy and, while corporate law and consulting are bad, I think banking does just about have the longest hours. That said, it's worth bearing in mind that it does depend where you work - some US law firms have similar, if not worse hours than this! The same can be said for private equity 😝Thanks again!

[@shahirabdullah5438]

she seems really nice. I hope most of them in the industry are like her. this video really changed my mind. great work

[@liam.porritt]

Thank you so so much!! Really glad you feel like that!! 🤗🤗

[@GAURAVKUMAR-mq9vl]

Absolutely astonishing video, well articulated content, ur friend immaculately presented the FACTS. Have applied for MBA Finance and this video will definitely help me in cracking Personal Interviews to get into top B-Schools. Am gonna be an Investment Banker! Love from India!

[@kushagrabhatnagar9460]

Which B-school are you going to be in?

[@liam.porritt]

Hey Gaurav! Thank you so so much for taking the time to comment... I've shared the feedback with my friend - so thanks again! Good luck getting into a B-school and I hope you are hugely successful 😁

[@ronyvasquez6510]

I really like how the video just flowed. Would love to see more on investment banking if you could. Great video man.

[@nicholasschwear789]

Good video - but a piece of advice for you as an interviewer (and just a general listener in conversation): drop the "yeahs". She knows you can hear her and a simple head nod is far less distracting. You come off as someone who isn't listening generously or someone who doesn't care to hear what the other person is saying. Additionally, sitting next to the person rather than across can make it hard to establish necessary eye contact during an interview/conversation so you do have that working against you - but I feel like this tip may make your conversations more enjoyable. Cheers

[@Chris-zx1ez]

Yeah 2 cameras cross facing each person would be superior but everyone starts somewhere right?

[@stephenkoester9507]

Nicholas, I had the same thought when listening to this great video! Very well said in a constructive method.

[@jdlc903]

Now you've said that i cant help but notice the "yeah" its really off putting

[@thiaguinhogameplays]

I agree with your observation on "yeah", but I disagree on you regarding "sit across each other"

[@caelansmith]

Does she have her own channel where she goes more in depth about the everyday life of corporate banking and how to get started in it

[@КостадинИлиев-э2г]

Check out a youtuber named Afzal Hussein

[@kost4060]

I don’t think she has time for a KZbin channel lol

[@alexanderbankowski5617]

Sure if you describe it squeaky clean, it'll sound squeaky clean. Here's the thing- and I was a banker, you get the constraints of the job. You get what goals you're looking to accomplish, you understand the processes to do so, but at the end of the day it is a sales job. You can be the most altruistic booky banker but if your clients are not opening accounts with you because you're telling them the right thing (this helps a little not a lot) then they're going to say no. You have to sell it. You have to get the idea of what the company is trying to accomplish and let them know how the acquisition will help their master plan. Sell the business owner on a master plan if they don't have one or if it's one that doesn't lend itself to acquisitions It's just sales with some jargon

[@Jorge-125]

Take a shot everytime he says "YEAH"🥴

[@judasnana]

AAAAAAAAnd I'm drunk!

[@blahblahshutup6024]

My liver hates me now

[@jacobgeorgievski987]

You’ve outdone yourself again Liam!

[@liam.porritt]

Thank you so so much for this 🤗 Honestly makes it all worth it getting comments like this 😁

[@Glasshousebc]

I have no idea why this was recommended to me, however was curious and watched it all... very insightful... your friend articulated the profession really well. Glad I watched... thank you.

[@HarryReesFinance]

I'm a contractor working in financial services, can confirm this is very accurate and well described

[@cartesian_doubt6230]

The availability of credit and the ability to charge interest are the lifeblood of the economy. This is why banks are quite literally the pillars of the economy.

[@acecardinal]

They're also at the core of the wild economic instability. One domino falls and then the rest.

[@MK_ULTRA420]

By your logic who ever collects that interest money are vampires...

[@drcola143]

@@MK_ULTRA420 what? By his logic the people that collect the interest are the ones who provide the lifeblood in the first place

[@renownedshow]

Great video man thanks a lot I’m in high school right now hoping to get into investment banking one day and this gave me some great insight thanks

[@ejwayeducation385]

This is great. It’s good to share the reality of the role and how important it is.

[@sammy0722]

Basically Bankers and Big Investment Firms are always look out for Product companies having significant potential for growth in future. They just pour in money on these ventures and eventually cash - out or grow their equity portfolio around them by investing their client's money. They don't really create any value which is actually created by product companies only. Banks are good just for keeping money / salary in locker that's it.

[@johntan8422]

I worked in DCM, debt capital markets. I go to office at 8am, end work at 11pm most days. Its a pressure cooker, attending meetings, con calls, building slides, tracking deals, etc etc. Stupid job but hey it pays my bills and my retirement

[@liam.porritt]

Thanks for this John. Yep- it is a balancing act, between lifestyle sacrifices in the hours and gains from the money 💵

[@spkang2020]

Let’s not kid ourselves here, DCM is out of the office by 8pm ;)

[@thukral98]

As CFA student, just got this video in recommendation...immediately subscribed 👍🏻

[@igazii6258]

Hello bhai from where u are taking classes i am in ca final and will be taking cfa level1 in june 2020 ypur guidance will be valuable

[@usernameufo123]

No one ever makes a movie for investment bankers because they will just be staring at an analyst sitting in front of his/her computer for 12-15 hours per day doing excel and powerpoint. This is why 90% of finance movies (Wolf of Wall St, Wall St, Boiler Room, etc.) are all towards Sales & Trading

[@liam.porritt]

This is very true!... and even those movies, dare I say it, may use an ounce of creative licence 😂😂

[@TESTPASS]

its a joke, no one sit on an excel spreadsheet for 12 hours, must be an incompetent person. Being an analyst is a junior stage position that feeds into the strategy of the game. It high pressure in the first few years but later it's the same thing again and again.

[@usernameufo123]

@@TESTPASS No, it's not a joke. You don't consistently do excel 12+ hours 365 days a year, but there will be days where you crunch on powerpoint and excel for 15+ hours a day. Unless you have been in investment banking as a junior person, you wouldn't understand the amount of work load you have to complete in a short amount time

[@anthonyanalytics]

I’m 21 going into banking, I start my job next week as a specialist In division reporting for consumer lending. I’ll be making the equivalent of 132k if I lived in Manhattan.

[@rafd3593]

An impressive lady. Probably worth what she is paid. It’s just sad that health and education professionals are comparatively underpaid; and the same goes for blue collar workers.

[@yunusmiah552]

Loving your videos bro. I and everyone whom watch you, appreciate your time/effort/hard-work for content for us. A quick suggestion, can you make a video about “Life of a Personal Banker” similar to the Investment Banking video, please? I would appreciate this massively.

[@marcelinodeabreu3260]

You have such great content

[@liam.porritt]

Thank you so so much! Honestly means so much that you took the time to comment! Really glad you enjoyed it 🤗

[@tenzinrigsang7703]

Thank you so much Liam. I found the video to be highly informative to anyone who is considering entering into investment banking. You did a pretty great job of what someone very new to the industry would ask an insider. Thank you again. I am subscribing!

[@SamElle]

This was actually so insightful as I try to figure out what I want to do with my life

[@luispolanco5392]

Pretty accurate, I’m an IB analyst myself. Great video

[@EvadeModsRGH]

How did you get that role?

[@RzVids]

You make $100k+ a year?

[@braydenkarpinski3637]

I’m only in 8th grade, but I’m very interested in working as an IB or as a financial advisor. So I do have a few questions, if another IB is reading you’re welcome to answer. 1) Do you enjoy your job? 2) Would you recommend entering IB as a career? 3) Do you still have time for a social life and family?

[@miskids5318]

RzVids unless youre a Manhattan analyst you make way less, their salaries are also mainly bonuses based on work performance

[@user-td7xf3gz4l]

@@braydenkarpinski3637 depends on the bank/group but yeah there's still time for family and you do well financially.

[@1Jimmyjames33]

Hugely insightful, thanks for shedding a light on the specifics of what bankers get up to, especially seeing as I'm soon to enter this interesting environment!

[@FriendlyNeighbourhoodSpidey]

Same

[@hollyhales181]

Nicely edited and insightful video, glad it was in my recommended. Subscribed! 👏🏼

[@liam.porritt]

Thank you very much Holly!! Hope I can keep producing videos you enjoy 🤗🤗

[@adabekee4964]

I watched your video, liked and tried to move on but I just couldn't. This is the best video I've watched in a while! It was insightful. Sometimes I feel so confused about what I want careerwise. I want to be a banker and at the same time, I want a full personal life where I have time for my family. I wonder if they can be balanced out 😢

[@rohangupta2290]

Thank you for this. I'm 17 and aspiring to become an Investment Banker one day, this really motivated me!

[@codelikeivan5355]

Interesting, think this was a good glimpse of what a bankers day consisted of. She was also very informative.

[@laksyy]

Recently discovered these videos, very well made and informative, please make more!

[@liam.porritt]

Thank you very much! So glad you've found my current careers series informative - trying to film some more in the next few weeks! 😀

[@jamescarter5466]

haha the amount of "yep"'s at the end lol

[@jamesdashper1316]

Mate investment banking is very different to banking in general so a lot of your intro is effectively wrong

[@georgetanner4756]

The topnotch of investment platforms deals mainly with Bitcoin and forex trading Only wise folks will invest in it now.

[@arvabellehenry3460]

Do not jump into forex trading without knowing the basics of forex market so many beginners make such mistakes and loose hard earned money

[@arvabellehenry3460]

Rather get an expert to trade for you or guide you on the steps to making successful trades. I myself trade with an expert

[@walterroberts8528]

I totally agree with you

[@walterroberts8528]

Though I learnt that the hard way. When I started I lost over $5000 due to inexperience and I almost gave up

[@nathanalbert2045]

Forex trading should be transparent and it's not as easy as people think it is. They're so many strategies to be learnt and discovered about forex trading.

[@user-ee2qq4hp3z]

This is the most beneficial channel I've subscribed to! 👏🏾

[@anushravvatsa8719]

I hate to be a party pooper in the comments but this video's level of awareness about what investment bankers do is at the level of a college sophomore at best. I am not throwing shade at the creator or interviewee but it covers what you would find under "meet out ppl tab" at any bank's website. Invest banking is a lot more than just financial modeling, M&A etc. You have to work with very strict laws and sanctions on the industry, deal with lawyers, consultants and clients and often work impeccably hard to draw up contracts that govern deals which can take insane hours. TL;DR this video is just the top of the iceberg of what IBs do.

[@liam.porritt]

Just to be clear, I’m a trainee corporate lawyer and my pal is an associate at an investment bank. The point of this video is to give the average Joe who has never read the ‘meet our people’ tab on any bank’s website an idea of what investment bankers actually do in a way they can understand. Sorry if it was too plain vanilla for you (pardon the pun)

[@anushravvatsa8719]

Liam Porritt I love the honesty in your comment. To be frank your video was pretty good. I did approach with the expectation of a much deeper dive into the daily work load of an IB so that’s definitely on me. Outside that I think a lot of my reply was written as a response to the majority of comments rather than the video itself. Glad to see you address this in the reapplies tho.

[@damianrudling7663]

Liam, you need to learn the purpose of banks. Without banks, the engineers and teachers and all those that "create"stuff wint be able to create that stuff.

[@maddcrz]

She did a FANTASTIC job of simplifying a very complex world to non-finance people. The culture in those banks are amazing. You're pushed to grow and despite what hollywood depicts finance to be, it's actually a supportive environment. Again, different for everyone.

[@christianmetalpwns]

This guy said that banks only help large companies and that will reduce innovation. Well Amazon, Facebook, Instagram, Starbucks, etc., were at some point small companies that needed banks to expand the startup. If banks didn’t help them, then we wouldn’t have the innovation we have today. Nowadays, you click on an item you like and it’s here in less than 2 days. Large companies also need to continually innovate in order to stay ahead of the competition. If blockbuster would’ve had to mentality to innovate and provide a streaming service, then it wouldn’t have gone under. Blockbuster was once a media giant and it collapsed due to lack of insight and innovation.

[@AndrewL31413]

Exactly, Amazon lost money for years and had negative cash flows. How do people think a business losing so much money keeps going?

[@m20001]

Nice video! Is this excel model 6:41 from CFI?

[@govou3000]

Yes sir lol That 3 statement template tho

[@zacharymarshall3582]

yep have used

[@satoshinakavoto8543]

Awesome vid bro. I can't stop thinking about how cool it would be if you added an imaginary middle name and branded as 'LLP' though 😂

[@liam.porritt]

Thanks so much man! Hahaha- love this 🤣 I mean I’m currently LAP, but feel Liam Liam Porritt is the one #namechange 😂

[@sammypacker6579]

Lol 9:30pm? Dang. That’s pretty good for a banking analyst. Note: I’m an investment banker.

[@liam.porritt]

On average, and she's no longer an analyst :p

[@soccerfp]

@@liam.porritt is she an associate now?

[@shababhuq]

I work on the consumer side of an investment bank, and we know we’re paying investment bankers too much. This profession is on the decline. There’s more investment bankers than we need and technology can do their jobs with less effort

[@AF-zv8tf]

Can you explain this more please?

[@alexww100]

a real big thumb-uppppp for this one. really appreciate it

[@HKNYN1]

Fuck I miss outside, going bars and picking up city women.

[@SyedShahanAli]

Very well explained through Q&A 👍

[@dallaspat2012]

Why would you insult an investment banker (“They don’t create anything...) when they’re giving their time for an interview?

[@dax421]

Banks are integral to our society but the bankers lifestyle isn’t. Stigma is against the people behind the idea of banking not the bank itself

[@kumis.8375]

the way she said 7 hours makes 12 hours seem normal

[@lr2ldn]

Kinda rude to tell her that her profession doesn't create anything and talk condescendingly about her career.

[@jmfd966]

I think he was quite clearly playing devil's advocate

[@lr2ldn]

@@jmfd966 Okay good for you?

[@jmfd966]

@@lr2ldn I mean it was pretty obvious🙄 an interviewer's job is to spark conversation and nothing generates talk more than controversy

[@lr2ldn]

@@jmfd966 That is YOUR opinion and that's not how I saw that and no amount of you going back and forth with me will make me see it the way you saw it. Thanks and we're done here.

[@MSupreme7]

Another very important thing she left out is if you are striving to work for an investment bank, there is a very high chance you will not break in to the industry. Hate to sound pessimistic as I too have the goal to work for an investment bank but this is just the reality of it.

[@theupcomingprofessional8829]

Great video, I love the candid interview!

[@liam.porritt]

Thank you very much!! 🤗

[@cbcboxing.]

Is it difficult to make a career change from a different path to banking? I achieved a first class degree from a mid-tier uni and in my late 20's in which I have a passion to now move into finance. Thanks!

[@IIIIALBYIIII]

Be first, be smarter or cheat

[@r_m6074]

👍

[@holarryho]

Nice Q&A. The numbers for tech is kind of outdated. Google/FB entry level are getting paid around 180k. Amazon/Microsoft pays around 160k for entry level. I'm surprised IB and consulting TC numbers are that low. Especially BCG at only 90k.

[@TESTPASS]

I've worked in this area for a few years and yes it's hard but not as people think and not at all like this video is portrayed. Investment banking consists of over 10 different intense areas and worked in risk I can tell you that traders along with a lot of other staff are overhyped and are hired on the basis of their sharpness not really their credentials. Analysts are again overhyped by the outer world. Its number-crunching and understanding the business. I personally think it's not as it sounds, you just need to manage your time as it's very dynamic and a lot of senior executives have very little time to get a hold off so everything has to be 100 percent, so usually, people take that as high pressure. I don't think it's hard. but I know its an industry with no real ethics. over the years I have noticed that people meeting high profile executives and successful people in top tier company's along with working on specific systems, like Bloomberg and other proprietary systems, usually people become high headed and tend to pose that its a very complicated skill. I think being a KZbinr might be tougher than being a banker or even working in a coffee shop would be tough. So its more of an act to show off because the wages are high.

[@mo1.o777]

It would be interesting to know at which bank she's working. Cause tbh 10-15 hours per day isn't that much. In the last 6 weeks I have had once a week with 80hours or less and 2 or 3 weeks with +95hours. Also you dont spend nearly as much time building models or interacting with clients as she said. Especially if you're an analyst you will spend much more time doing research (especially at MM, Boutique not so much at a BB). Furthermore when a deal progresses (after IM), you spend literally all of your time doing DD.

[@michelangelopazienza]

I love these kinds of videos, it would be great if you could do more of them, keep it up

[@FlipsterFlipinoy]

There’s no “innovation” in banking. Since time immemorial it’s simply raising capital for both sides of the equation.

[@josecarlosvallsarenas1525]

What studies does she have? and how did she get into her fisrt job? btw, with a master in Finances and investment would be enough to start in this world?

[@Technokid09]

Usually analysts have a bachelor's degree, after 3 years the do their MBA and come back. A master's degree like the one you mentioned is enough provided other things that round up your profile

[@FriendlyNeighbourhoodSpidey]

A bachelor's degree in finance/economics/business/accounting, or a similar subject is most common. But if you have an MBA, you can get into banking as an associate, one rank higher than an analyst. The competition is tough though, you'd usually need to get your degree from a good university with a good reputation and have at least one internship with a bank, or maybe an accounting or consulting firm.

[@FriendlyNeighbourhoodSpidey]

Apparently she has a law degree from cambridge

[@saileshmepani9095]

How do bankers help the government implement modern monetary theory?

[@yujinggrace8551]

Thank you for this video. The questions you have asked in this video is useful and helpful. She gave a very decent and clear answer which is also very helpful! I would like too know is there an age limit in bank industry in Eroupe?

[@FinanceUnboxed]

There is no age limit as such. Most individuals enter after they've got atleast a graduate degree, meaning they're around 21-23 years old. Hope this helps :)

[@yujinggrace8551]

@@FinanceUnboxed Thank you so much.

[@AFulfilledLife]

Really informative, thanks!

[@hamzariazuddin424]

great video man and well put together...what software do you use for all the editing and overlays?

[@IslandRai]

I have no interest in becoming an investment banker, but I'll say two things: *It was insightful to hear her say that investment bankers actually do create an amount of value that can justify how much they're paid. Personally I think that if they didn't, it's likely they wouldn't be paid as much as they are. * What she said about the friends she's made because of her job kind of touch my soul little bit, haha. I do have an impression of investment analysts as driven, effective, charming and clever people, interesting to have that impression validated a bit.

[@thawhtin7057]

Excellent video, Liam. Keep it up.

[@liam.porritt]

Thank you so much! Really glad you enjoyed it!

[@spigbungus]

Wtf, 4080 hrs a year which is a little under 80 hours a week. What type of bank did she work at? That’s rookie numbers in this racket. We’ve made interns stay that long.

[@liam.porritt]

It's 85-90 hours a week if you take into account holidays and bank holidays (I'm in the UK, so we do get a little more holiday than in the US)... It's based on the average throughout the year. That's not to say that it is uncommon to work several 100+ hour weeks... that happens all the time. It's just to say that this is balanced out by some 75-hour weeks, on the basis of articles I've read and every banker I know across top banks. www.wallstreetoasis.com/forums/investment-banking-hours-what-to-expect

[@PatrickWDwyer]

I worked on that 3 statement model today from CFI lol

[@liam.porritt]

😂😂😂

[@fundirams3240]

Say "yeah" again please, I'm not sure you've said it enough😂

[@adamday9632]

Very educational video mate👍🏻

[@liam.porritt]

Glad you enjoyed it

[@thepimpinpineapple]

I got as far as doing a spring week at an elite boutique, then noped the fuck out of there lmao.

[@livnedX7]

Bankers and banking are that scapegoat people look for when everything is wrong and people who dont know they exists when everything is fine/great. Remember the Margin Call quote : The reason people get to live like kings is because we got our hand to tip the scale in their favor.

[@InvTraKS]

Thank you for doing this video. It is very informative. :)

[@metroboomin599]

Great video. Did she attend college in the US or in Britain? Also, how many years did she attend for?

[@liam.porritt]

UK - She went to Cambridge with me and studied law :)

[@jdlc903]

Interesting- but there are serious issues regarding IB and macroeconomic systematic. Not so much her role,M&A is more benign.

[@lavle171]

Amazing interview, thank you.

[@ThePRADEEP2000]

Nice video. Very helpful one. Thanks to all of you

[@hishdp1464]

I’m at uni, what’s the best models to build am I just guna be modelling FCFF, DCF, use Mutliples /Comps Analysis

[@jonathanedward5062]

Yes, do LBOs as well. Plenty of stuff on the internet to practice. Remember, it's not rocket science, but it is important to know how everything is connected and what drives valuation in the end.

[@moakm9626]

@@jonathanedward5062 don't you use SPSS,SQL,PYTHON,R ?

[@JDiculous1]

Does anybody actually enjoy working in banking though?

[@transamination]

It looks like the most boring, tedious, dry area of work that has somehow acquired the image of being extremely glamorous and exciting.

[@azmanrahman598]

It’s actually really interesting. The appeal is the people you immerse yourself with (at top banks, literally everyone is prodigious in some way shape or form) which leads to incredibly interesting friendships. There’s also an inherent camaraderie working towards ultra high pressure deadlines which are very impactful. I compare the feeling to grinding the night before a university exam, except in banking it is far more common. It’s definitely not for everyone, but for myself and a lot of others (thats why it’s so unbelievably competitive), I am at my best when working towards something meaningful and challenging. In that sense, investment banking is incredibly captivating.

[@Friendznco]

If you ever met anyone from IB or Big 3 Consulting you would understand that they are the most boring people in the world that will most of the time look down on you that you aren't willing to sit in an office for 16 hours a day building spreadsheets and slide decks.

[@JDiculous1]

@@azmanrahman598 You lost me at "meaningful and challenging"

[@GordonGekko98]

I like Gordon Gekkos answer better, loves that’s they create nothing. I feel the same way

[@JohnDoe-gc1kt]

Opportunity is about it

[@cesarortiz4898]

Very good interview . Loved it

[@markkram74]

So saying curse everytime is a myth?

[@nev6250]

She's incredibly well spoken. Does she have IG or linkedin?

[@notmitta]

Thank you for this video. It was very informative.

[@chrishaseli8053]

Could you please ask her about her opinion on a CFA and if they are useful/needed for an invesment banker.

[@NNGKhanh]

Meh. Bankers are different from IB. Lots of backstabbing in IB tho. Very harsh environment and tough to get in and excel. 1st thing: connection. 2nd: flawless resume

[@monichlistic]

Its accurate! Being a business analyst in a large pension fund that pretty much connected with the investment bank also have the same routines and experiences... not get enough sleep, but its worthed and somehow shaped me into a different person (in a positive way), because ure surrounded with lots of intelligent and powerful people.. and many to learn from them

[@ashermanangan]

been into JPM one time. great culture

[@jeffwilliams1938]

Very Smart lady