J.P. Morgan Investment Banking CRAZY vs. EASY Work Week

In this video, I go over a week in the life of an investment banker - an easy week vs. a hard week.
DISCLAIMER: All views expressed in this video are my own and do not represent the opinion of any affiliated sponsors or partners
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⏱Timestamps⏱
0:00 - Introduction
0:56 - The Best a Week Ever Gets
4:22 - The Hardest a Week Ever Gets
7:59 - My Top 3 Worst Experiences in Banking
🎥My Other Videos🎥
Why I quit investment banking: • WHY I QUIT INVESTMENT ...
Day in the Life of an Investment Banker: • A DAY IN THE LIFE OF A...
How Much do Bankers Make?: • THE BEST INVESTMENT BA...
My Role During a $6.1BN M&A Deal: • My Responsibilities as...
J.P. Morgan Recruiting Secrets: • Former JP Morgan Recru...
My J.P. Morgan Resume: • 7 Must-Know Resume Tip...
How I Spent my ENTIRE Banking Salary ($155K): • How I Spent My ENTIRE ...
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🔎Disclaimer🔎
All content in this video is for entertainment purposes only. I am not a professional financial advisor and my statements are not to be taken as instructions or directions. In addition, some of the links above are affiliate links, meaning that at NO additional cost to you, I may earn a commission if you click through and make a purchase.

[@pikakac2441]

Banks love to recruit student athletes. They can survive this schedule. I can’t imagine working this schedule myself. I’m exhausted after a productive 8-hr work day.

[@alexschroeder694]

Yeah this guy needs to suck it up

[@unknown_7148]

Samee 😂

[@j.s3300]

"Productive"

[@daryllee244]

So refreshing… I left JPM after 15 years and traveling many places on business. It was indeed a memorable experience.

[@zayadashraf8198]

Did the compensation make up for the work load? My path is leading me towards IB

[@mmk31521]

Just found your channel, your content is awesome and very informative, keep up the hard work because you just earned my sub! 💪👌

[@cubickle]

Your channel is literally gold

[@dividenden-manufaktur]

Thanks for the insight 👍

[@thobejanekarabo9855]

i love the honesty .

[@KSIOjedibt]

100+ hours...I would love a detailed productivity study here...it surely falls off a cliff when you breach 80 hours

[@sayoshinakamario]

Depends on you’re doing exactly..sales call don’t take much brain power but working the numbers..man my brain would be mashed potatoes after 8 hours

[@monsieurx9381]

Sounds like IB is a one of a kind experience!

[@thobejanekarabo9855]

great video again .

[@odumfrancis2157]

Love your videos! How did you manage stress?

[@WinsTheVoyager]

I'm in the same boat as you were. Still working in JP and trying to juggle with KZbin.

[@MaxEllis]

Wish we had protected weekends back when I was an analyst. Sadly 100+ hours was the norm back then.

[@daniilg586]

I work as a risk analyst for a big Scandinavian bank and I've never worked more than 9 hours a day

[@minjoukang3066]

That's great. Previously, as an auditor myself during peak period we usually work 90-100 hours per week

[@aryaankhan2365]

Hey Ben, don't know if you saw my comment on your previous video about the Alibaba stock analysis but it seemed like a pretty popular comment based on the number of likes it got. So I'll post it here since many people are eager to hear your perspective. Question: When you were still in school did you ever think of going into management consulting (Mckinsey, Bain BCG) instead of investment banking? If so, what factors made you pick IB over consulting? Again, thanks for making this informative content!

[@JP-js8jr]

Are there people at the banks which are faster in their work and thereby need less hours or would they get loaded with work until they also work 100 hours?

[@consumer338]

Omfg Ben, I just read a NYTimes article that featured your interview!!! Congrats!!! 🥳

[@rareliquid]

thank you!

[@xiaominnnful]

4:55 you brought me back nightmares

[@armandprocacci2636]

cool intro music

[@GABRIX98]

Please are you aware of the workloads in JP Chase (therefore commercial banking), particularly in credit risk division?

[@justinchen9981]

Don’t ever feel you need to overwork yourself too much for the sake of a few videos, any content is appreciated!

[@rareliquid]

thanks justin! i was traveling all weekend so wanted to get it done before leaving. appreciate the concern though!

[@hansandinvestments3990]

Since I am also into banking, what are your thoughts on whether the traditionally of IB work hours should be kept with an increased comps? Or should we go softer forward in terms of hours? This is a trending topic. I personally believe to stick with these crazy work hours, but with better pay. I see the trade-off in skills plays hugely here and that's what makes a worker have a warrior-like mental and experience.

[@rareliquid]

i think no matter what the pay becomes unless it 2x’es which i don’t see happening this topic will continue on to be discussed. analysts get paid the least as bankers but they still get paid more than almost any other job in the world out of college and the potential for your future earnings if you stay in finance is also extremely lucrative. So i think the better move is to not make the hours as crazy. 80 hour weeks aren’t that bad tbh but 100-110 hours are just crazy

[@eduardocorrea6279]

After 3 years of working as a financial analyst what other opportunities have you been given?

[@veziafrancisco446]

Our Goal is simple, to teach everyday investors how to build a truly great investment portfolio that creates great income over time. Unlike other investment related companies, we are committed to doing what we say everyday, without exception. We don't promise "guaranteed" profits , or tell you that our strategies are foolproof. We can't guarantee results because there are no guarantees in the financial markets and anyone who tells you otherwise should be avoided.

[@mohamed-7124]

Based on these hard week hours, is it worth the salary?

[@fergspotato162]

Its crazy thah this is even legal. It would not be possible in Scandinavia due to legislation.

[@zionwilliamson7110]

What are vacations like in IB?

[@charmelyTv]

Yeah I would MUCH rather earn 60k a year off 40 hour weeks than 100 hour weeks. That’s horrible lmao

[@sayoshinakamario]

Im in that situation right now..the thing about $60K a year is that if you have any kind of big emergency it can wipe out all your savings

[@charmelyTv]

@@sayoshinakamario yeah that’s assuming you don’t save properly.

[@sayoshinakamario]

@@charmelyTv and assuming you don’t get married then divorce..assuming you don’t have an medical emergency..assuming you don’t get laid off for a long period of time..etc..

[@charmelyTv]

@@sayoshinakamario yeah. 60k a year is a extremely livable wage is just about any state.

[@sayoshinakamario]

@@charmelyTv if everything goes right

[@waynetr]

I used to think that going home was an inefficient use of time so I slept in the office... WFH now it's so much easier

[@richieg.3192]

If you ever wanna juice your YT return, you could throw some leverage on this video by adding "JP Morgan " to the title for a 10x viral multiple.

[@goatest725]

How many people quit at your bank during you’re time there? Did you ever see someone quit after 1 to 3 months working there? Excellent vid btw

[@alejandro3485]

I used to work at JPM. Not in IB but in middle office client services. I’ve seen new people start Monday and not come back the next Monday. The hours were also crazy. Never ending issues and inquiries.

[@unknownwarrior5672]

​@@alejandro3485sheesh now i'm scared lol

[@artintaghaviadviehchi5817]

Wow.

[@franklin1384]

Wanna hear more lol!

[@wilsontsai557]

Go Ben!

[@wilsontsai557]

“My friends got a table at the nightclub” “A few blocks from the office” lol! You should have flashed the Temple logo

[@rareliquid]

LOL the real ones know

[@elotimmi4942]

16 hours per day? Is it even legal to make people work that long? And I mean the lack of sleep and rest will add up, so that the employees will become less efficient or simply burnt out pretty quickly. How do companies manage this?

[@andrewkobasko1672]

I agree, after so many hours of working productivity declines greatly. Your practically wasting your time

[@j.s3300]

High turnover of workers...

[@Anthony-hh2om]

Brutal lol

[@hkli1688]

SUP BEN!

[@rareliquid]

supp

[@youknowtherules8888]

100 hour work weeks? I complain after working OT on weekend after working 60 hrs in week. How is that even possible? After 60 hrs of work my body literally won’t move or do anything. What do u guys eat to work 100 hrs in a week?

[@AchilleRulz]

Cocaine

[@nicolay4505]

If you were fresh graduate, would you apply for the position of investment banking analyst again?

[@rareliquid]

i personally am glad i went through it

[@cadenmaurer7713]

do you get overtime or is that your bonus?

[@rareliquid]

basically is in the bonus

[@dirtythagodttv6299]

Did JPM actually enforce protected weekends? My MM bank made us come in anyways and forced to be in office during covid months.

[@rareliquid]

to jpm’s credit yeah they did their best to try to protect your weekends

[@rareliquid]

i never worked during covid times thought and wow going in during covid??? that’s rough

[@dirtythagodttv6299]

@@rareliquid yeah couple of the directors were fired for it. My worst experience was seeing an associate fired after a meeting publically because there was a footnote on a bullet but no actual footnote at the bottom.

[@rareliquid]

oof

[@valsverdlov5458]

@@dirtythagodttv6299 Does the bank start with a J and end with an S with efferies in between?

[@justexcel522]

Wow. Brutal. Thanks for sharing this. Do associates also have it this bad?

[@rareliquid]

sometimes they have just as crazy weeks especially when they first start but overall they have about 20% less in number of hours per week

[@justexcel522]

@@rareliquid Thanks for the reply

[@kashyapsantoki4889]

Hey Ben Banking is Danger ALERT 😂

[@rareliquid]

lolol

[@albertw6461]

Alastair is the GOAT

[@neitui2865]

You Works so many hours but still in shape.

[@rareliquid]

lol i left banking in 2018!

[@kevinsuh5313]

He’s always in shape~

[@thobejanekarabo9855]

how did you manage so much stress?

[@rareliquid]

thank you!

[@andresalmonte4772]

Easy.

[@hkli1688]

dude....3 months without protected weekend....that is inhumane...how can they not transfer somebody to help your team out when understaffed? that's just slavery. i know a JP morgan guy in Hong Kong (where I'm from) and I literally just got off playing tennis with him from 9-11. I don't know where he was before then but I don't think he came from his office.. he's in his late 30s or early 40s. He looks like his job is not as intense as yours (I could be wrong). what do you think?

[@justharvy]

Poor Eduardo

[@ivinitmittal]

😳

[@Krizzee]

Yo what are my chances of getting into IB with

[@barryaherne215]

That sounds horrific 😅 I'd struggle to enjoy doing something I liked if I had to do it for 16 hours a day.

[@tristiandavis6852]

Yeahhh I don’t wanna be a banker lol

[@justinchen9981]

First!

[@gregheffley2]

Why can't banks just hire more analysts unless there aren't enough?

[@rareliquid]

age old question haha it's just part of the industry where no matter how many analysts are hired there will always be long hours because there's so much to do on a live deal in such a short period of time

[@allengrootboom5680]

What are you currently doing now?

[@rareliquid]

Currently am working this youtube channel and in the process of starting a fund

[@bobathedog]

SECOND!

[@tmdngs]

Wow just looking at the number of hours worked make me wanna throw up 🤢 I value my free time so much that there’s no way I would survive in that environment. But they tend to get great exit opps so maybe it’s worth it for them idk lol

[@phildurre9492]

why would you work 80 hours a week. lol

[@kahfi2219]

Getting $100K-250K as Investment banker is not worth it I think😂

[@richieg.3192]

Ben don't ever feel like you have to be PC for the norms. I'll refer to you as a drama "Queen" if that's your preferred pronoun. No problem bubba.

[@richieg.3192]

@New York Angelo🌡️ omg! Yes! I want to grow my monies so bad! Would it be easier if I just put my credit card number here in the comments for you? I want to get the ball rolling fast!

[@PEbro34]

Analyst literally do just PowerPoint formatting lol not truly 100 hour weeks

[@asmr2671]

I will vomit if I work like this

[@adarshagrawal4982]

nsksk

[@Hndjdj400]

150 k for that much or work isn't worth it. You are a slave to these banks

[@viannyferdinand9173]

Bitcoin still remains the best life changing investment despite the current dip.