Investment Banker vs. Management Consultant React to the Goldman Sachs Working Conditions Survey

[@angelasunx3]

Hi everyone! I really hope you enjoy this collab. Go check out the video on Kajol's channel where we talk about the difference between investment banking and consulting ➫ kzbin.info/www/bejne/b5vdZauvpN6Vjrs

[@KajolPhadnis]

Thanks for having me - hope the consulting view was useful!

[@angelasunx3]

Thanks for coming on this channel!

[@rhyssharp9673]

THE COLLAB I NEVER KNEW I NEEDED OMG

[@angelasunx3]

Woot woot! 🎉

[@KajolPhadnis]

Hahaha so glad it helped

[@sibachintanpradhan7653]

Before I quit GS , I approached my boss with some of these issues , the reply was how would compare your job with coal mine workers ,civil engineers/ construction workers , armed forces. Don't ever have the wrong impression that you are doing something great or irreplaceable or you will be missed. There are thousands more more than willing to do the job. I didn't had a reply.

[@angelasunx3]

Sounds like your boss was belittling your issues with the job with those comparisons :/

[@sibachintanpradhan7653]

@@angelasunx3 if you can't convince them , confuse them

[@metrolights250]

Colab videos is definitely a good idea. I do wish that there could be more interaction between you and Kajol, and maybe see both your reactions at the same time on split screens for some of these questions.

[@angelasunx3]

Will try out that concept for a future video :) thank you!

[@FelipeCorto]

Loved this collab

[@angelasunx3]

Thanks so much :)

[@KajolPhadnis]

Thanks soo much!

[@WalksWallStreet]

Just found your channel. Good content keep making videos!.

[@angelasunx3]

Thank you!

[@gary2835]

Awesome COLLAB 👏 😎

[@angelasunx3]

Thanks Gary! 😎😎

[@KajolPhadnis]

So glad you loved it!!

[@daisy5984]

Hi!! I’m ur new sub. Like ur vid so much! I feel that I learn a lot already from ur videos. I have a question. Can one become a corporate development analyst right out of college after some related internships?

[@angelasunx3]

Usually unlikely as they generally hire people who at least have some experience, but I'm sure there are opps out there for right out of undergrad

[@LilAngel1447]

Worst parts are the fake deadlines

[@angelasunx3]

Agree! Terrible.

[@cutiepiesam5682]

hi Angela, you working in NEW YORK?

[@angelasunx3]

Yes!

[@cutiepiesam5682]

@@angelasunx3 i want to work in USA in 2022...please wish me luck

[@tomtosavage9722]

Consulting: I have homework but they try to help us with all this stress. Investment banking: they give us projects at midnight but in the morning I get the honor of EATING MY DREAMS when I'm hungry... But we get more money tho

[@angelasunx3]

😂😂

[@FinanceNinja]

Great video, good information. Those hours are terrible :(

[@angelasunx3]

Thanks so much! :)

[@Jingjingx103]

thank you for sharing!

[@angelasunx3]

Thanks for watching!

[@danielo4422]

Classic ex-banker channel to have banker vs consultant video : P

[@angelasunx3]

V typical for sure

[@tomtang7463]

You should do this sort of comparison with someone whos a software engineer at a top company lol

[@angelasunx3]

I should! Thanks for the idea

[@asishpanda1353]

So both type of jobs are pretty much fucked up

[@rodolfoblasser3329]

How much they pay for the hour? Work-life balance is overrated, specially if you are not married with kids. There is a period of time in life that is meant to be highly productive.

[@simonzhang4690]

Investment bankers are not paid by the hour

[@rodolfoblasser3329]

@@simonzhang4690 My point is that no one works for free. Working 100 hours a week is a blessing, preety sure IB are not paid a misery. Besides, you can always quantify an hourly rate.

[@angelasunx3]

@@rodolfoblasser3329 ~150K all-in for a first-year analyst in investment banking, so not a ton when divided by the hour!

[@rodolfoblasser3329]

@@angelasunx3 Does your work require any coding skills? At leas 50% of any position in finance/banking can be either fully automated or, if it's data related then building data pipelines (including all steps of reporting) can ease the work load. I believe professionals are hired to think, not to do manual/repetitive work. I my case (liquidity risk) a regulatory report, which used to take 5+ hours manually, is now automatically done in 20 minutes without any supervision. So, those 5 hours can be invested better or just have better quality of life. Work smart, not hard.

[@angelasunx3]

@@rodolfoblasser3329 No coding skills required - it's largely a client facing / advisory role.

[@igoramaral8827]

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