Day in the Life of a Goldman Sachs Investment Banking Intern NYC

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Kenji Explains

Kenji Explains

Күн бұрын

Пікірлер: 2 700
@KenjiExplains
@KenjiExplains 3 жыл бұрын
📝 Our Complete Finance & Valuation Course: www.careerprinciples.com/courses/finance-valuation-course
@77stockmanager47
@77stockmanager47 3 жыл бұрын
Contextlogic?
@dominickgriffin9184
@dominickgriffin9184 3 жыл бұрын
Saying thank you is not enough, carlos_1uptradee []n \lnster;gram you’re the best. Imma refer my friends and family to you. What a good helper.
@rollercoaster478
@rollercoaster478 3 жыл бұрын
Isnt it better to do the mental work earlier in the day? Seems like the first part of the day is mostly meetings and PPT, and the relatively mentally challenging Excel Modelling work is late at 4:30pm. I read somewhere that usually a human brain clocks out after 6 hours of work, and enters like a battery saving mode.
@PankajThakur-tc1dw
@PankajThakur-tc1dw 3 жыл бұрын
Hey, does the same lifestyle goes for Software Developers?
@ismail79628
@ismail79628 3 жыл бұрын
Were you a trader in goldman sach.i am looking to learn from a professional trader as retail traders teach rubbish
@joejones473
@joejones473 2 жыл бұрын
From the age 15-18 I wanted to be an investment banker and by the time university choices came around I decided to put it on hold. Now I'm slightly older I can confidently say I would never have been able to live this way of life. Credit to those that do and thank you for such an insightful video.
@MrJuandahero
@MrJuandahero 2 жыл бұрын
yea 100k a year isn't as magical once you do the cost of living comparisons and account for 16 hr days
@reubenmanners5209
@reubenmanners5209 2 жыл бұрын
Yea you barely get enough sleep.
@pandabear1576
@pandabear1576 2 жыл бұрын
@@MrJuandahero yeah but that 100K is without the bonus which seems to be at least 30-100K for a lot of people, and the fact really the job is used as a platform to leapfrog you into better finance, marketing, or other business related work at different companies. Somewhat like consulting. I’d risk 5,760 hours of my time for that then leave without a doubt lol
@jackbrian7083
@jackbrian7083 2 жыл бұрын
@@pandabear1576 thats what most people Do tbh. Work in ib for some years and then get out
@vcu2262
@vcu2262 2 жыл бұрын
what job are you doing right now?
@FFiyoga
@FFiyoga 3 жыл бұрын
"Sometimes I even get to leave earlier like say.... around 10pm" *cryinginternally
@MF_OXF
@MF_OXF 3 жыл бұрын
It's really sad, if not pathetic
@backingtracks796
@backingtracks796 3 жыл бұрын
Sometimes I even get to have Christmas with the old family, wonder how my wife is doing all day at home, haven’t seen her since thanksgiving when we Skyped
@abdiganiaden
@abdiganiaden 3 жыл бұрын
Lol its a young mans career y’all chill
@Krizzee
@Krizzee 3 жыл бұрын
I’d be slave for that $
@Pivot-Shorts
@Pivot-Shorts 3 жыл бұрын
@@Krizzee No you wouldn't
@floridahummer
@floridahummer 3 жыл бұрын
worked long hours as an IT field engineer and the money wasn't bad had a massive stroke at 53 to still working long hours and driving to a different town every day in the UK. no amount of money or status is worth your health. hope you move on to somewhere that appreciate your skills and work ethics.
@bryanmcmullen4558
@bryanmcmullen4558 2 жыл бұрын
I had a stroke as i watched an IT-engineer 45 minutes long to fix my 2nd screen... No video-signal.. but he drilled the power-cord tighter and harder in my screen!
@wantrafinancial
@wantrafinancial Жыл бұрын
Thats why I only stayed a field engineer for 2 3 yrs. Now Im a SR. project engineer.The hours SUCK but the pay is good and its work from home. My biggest stressor at this point is my mental health. Luckily, Im 30 and planning my exit. I have only been in IT for 7 yrs.
@GleinBiba
@GleinBiba 2 жыл бұрын
As a European I used to dream of working in IB in New York. What I can say as an asset manager now, is that I really enjoy my 40/50 hours weeks with free weekends and 45 paid vacation days each year. No use in getting paid 500k/year if you can't enjoy life.
@MrCrackheadst
@MrCrackheadst 2 жыл бұрын
I would also enjoy 50 hours per day of work. Lightweight baby¡!¡
@gsabella4
@gsabella4 2 жыл бұрын
40 to 50 hours per day. Work harder.
@w花b
@w花b 2 жыл бұрын
You work long enough so you can retire early. But you still wont enjoy your youth though.
@secretmediagmbh3929
@secretmediagmbh3929 2 жыл бұрын
@@w花b You always have to make compromises.
@MySipuli
@MySipuli 2 жыл бұрын
How did u get into asset management
@AlpacaCheese
@AlpacaCheese 3 жыл бұрын
I think this might be one of the most clear and detailed timeline of how it actually is to work in IB, good stuff
@greenscreeneffects4194
@greenscreeneffects4194 3 жыл бұрын
No reply’s??
@baconosft
@baconosft 3 жыл бұрын
I think this might be one of the most clear and detailed descriptions of modern slavery. Work/life balance fail.
@indobrit4999
@indobrit4999 3 жыл бұрын
@@baconosft it's 12 hr job many people get peanuts even though they work 12 hrs
@kaihughes4918
@kaihughes4918 3 жыл бұрын
@@baconosft I’m pretty sure this guy will he retired well before the average retiring age due to his hard work,Long hours and line of work
@baconosft
@baconosft 3 жыл бұрын
@@kaihughes4918 He'll also take years off his life due to the long hours, sleep deprivation etc. Working more than 12 hours a day is just ridiculous, no matter what you're getting paid. Sets a really bad precedent too..I prefer to work to live rather than live to work. Each to their own I guess.
@EvaHoffmann153
@EvaHoffmann153 Ай бұрын
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
@TicheDebb0
@TicheDebb0 Ай бұрын
I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.
@MarshalWagner457
@MarshalWagner457 Ай бұрын
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@EvelynBrooks0
@EvelynBrooks0 Ай бұрын
Impressive can you share more info?
@MarshalWagner457
@MarshalWagner457 Ай бұрын
Rebecca Noblett Roberts' is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@RowanBryson
@RowanBryson Ай бұрын
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website. Thank you for sharing.
@denniswinter3789
@denniswinter3789 3 жыл бұрын
As a finance major I heavily respect the hustle of my fellow IB people but there is no way in hell I would be able to work 15 hour days.
@floyheavilin6610
@floyheavilin6610 2 жыл бұрын
Are you truly interested in bitcoin mininig like everyone else 🤔
@Richard-sy5xn
@Richard-sy5xn 2 жыл бұрын
@@floyheavilin6610 LOL
@patty378
@patty378 2 жыл бұрын
You totally could if you wanted to. I worked in S&T for 2 years as an analyst at GS NYC. Its a shock at first, but if you like the work/people/culture, you'll get accustomed to it and even like it. I miss it now and it really transformed my life as an "older" adult now. I was there in 2014.
@dominicmenelas5637
@dominicmenelas5637 2 жыл бұрын
@@patty378 where u at now and how much do you make? also whats your age? (sorry for all the questions but I really am curios).
@patty378
@patty378 Жыл бұрын
@@dominicmenelas5637 Im 31 now and a mom of 3! Right after GS I had exit options to management consulting. I stopped working in corporate (and so did my husband -- he runs his own businesses and worked in finance as well) when I had my first baby and could not be happier. Its a good foundation (investment banking/management consulting), and fun work in the long- run too I think. I just wanted to spend my motherhood with my children and I LOVED my work at GS and it was a hard decision. I love being with my children too much though (and so does my husband which is why he works from home). Hope that helps!
@acquaura4404
@acquaura4404 2 жыл бұрын
I'm currently studying finance and international commerce and even though this schedule sounds insane with the long work hours, I really do find what you do interesting. I have a long way to go and a lot to learn but thank you for making this video. It's really interesting to see what you do in a day
@kerenbanget1
@kerenbanget1 2 жыл бұрын
20 hours. if you're still young, getting those experiences is still worth it.
@_gannon
@_gannon Жыл бұрын
I want to do this.
@colepalmer3128
@colepalmer3128 3 жыл бұрын
"There weren't any parties like the wolf of wall street" 5 mins later "Interns aren't allowed in the office on Saturdays, company policy I guess" lol
@simonrano8072
@simonrano8072 3 жыл бұрын
So saturday would be a nice opportunity to level their building.
@oshkrh
@oshkrh 3 жыл бұрын
It's to stop employees from working too much. They would have penalties if their average employees worked more than a certain number of hours / week.
@tazzer9
@tazzer9 3 жыл бұрын
@@oshkrh "stop employees working too much" The guy is working 80 hour weeks. That's not normal and if penalties for such things did exist, it would be for working well less than 80hours a week.
@oshkrh
@oshkrh 3 жыл бұрын
@@tazzer9 ? Sorry I might be misreading your comment. I know someone who has worked at GS and they weren't allowed to go to the office / log in on one day of the weekend for the exact reason I mentioned.
@NationShakks
@NationShakks 3 жыл бұрын
@@oshkrh Haha. What like 159 hours per week is the limit? lmfao
@TheBarinco
@TheBarinco 3 жыл бұрын
You can see him have flashbacks to the experiences while he explains it, his face gives away how much he was suffering at times... staying until 1130 is crazy..
@jackyzheng6960
@jackyzheng6960 3 жыл бұрын
That's normal for investment bank workers in China
@AlexWhalen99
@AlexWhalen99 3 жыл бұрын
@@jackyzheng6960 yep. And fuck that.
@cheehiong
@cheehiong 3 жыл бұрын
1130 is early lol.
@rajshreyashadhav3052
@rajshreyashadhav3052 3 жыл бұрын
@Ryan Navas yupp happens quite often
@wds3222
@wds3222 3 жыл бұрын
HAHA
@brahmschultz5112
@brahmschultz5112 3 жыл бұрын
seems like they need to hire more people at GS. That or they pride themselves in poor WLB.
@KarolQasba
@KarolQasba 6 ай бұрын
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
@KarolQasba
@KarolQasba 6 ай бұрын
“Angela Lynn Shilling’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@gauravchhajed832
@gauravchhajed832 2 жыл бұрын
When I was in University, I wanted to work in Bank>> worked in an Investment bank for 2.5 years then jumped in corporate treasury and totally loving it.
@shreekim942
@shreekim942 Жыл бұрын
what did you major in and in which uni?
@AviBecker
@AviBecker 3 жыл бұрын
This makes me think of the quote "how much did someone first pay you to give up on your dreams?"
@stephenxadonai
@stephenxadonai 3 жыл бұрын
😂😂 underrated
@chaitanyathyagi7360
@chaitanyathyagi7360 3 жыл бұрын
😂😂😂😂 Truth hurts doesn't it.
@cl6107
@cl6107 3 жыл бұрын
My dream is to work at Goldman Sachs
@MahsunAvci1
@MahsunAvci1 3 жыл бұрын
😂😂😂
@jonjon3829
@jonjon3829 3 жыл бұрын
In my case I was paid with spine issues. Hmm I'm drowning with pain and fatigue now.
@emilnardin4136
@emilnardin4136 2 жыл бұрын
Pure sadness! that's is the feeling after watching this video. I cannot imagine something more sad that living in a big city and work all day, not having the time to do anything else. But you chose that lifestyle, and if you are happy with that, fine, everyone is different.
@MrJuandahero
@MrJuandahero 2 жыл бұрын
Imagine a 6 figure pay but with taxes eating over half of that and having to spend an alarming amount on overpriced 30 dollar burritos
@The0Freerider0
@The0Freerider0 2 жыл бұрын
If you want something, you have to work for it. It's not for everybody.
@MrJuandahero
@MrJuandahero 2 жыл бұрын
@@The0Freerider0 life has many doors EdBoi. Work smarter not harder, that's the motto here Otherwise idk why you're on a computer watching this instead of on the back of a horse hauling corn for the mill'.
@flawless.4357
@flawless.4357 2 жыл бұрын
u all unfortunately have tunnel vision, smart ib bankers work there max 1-2 years but havin a wall street firm on ur cv is career winnin u can go tech easily
@flawless.4357
@flawless.4357 2 жыл бұрын
@@Youfavoritemisake coz tech also has financial departments and u work 40hrs instead of 80hrs, u are not micro managed and many more perks like casual dress code.
@MrLogansimmons
@MrLogansimmons 3 жыл бұрын
I think Goldman needs to look at ways to increase efficiency. Maybe dump a few meetings to have more reasonable hours.
@chaitanyathyagi7360
@chaitanyathyagi7360 3 жыл бұрын
honestly. 16 hours work day is surely gonna mess up my mental health.
@Zoltan1251
@Zoltan1251 3 жыл бұрын
and also, you imagine it being some kind of super important job, hard decisions... but mostly its retarded comments like "i need this font to be bigger... can you recheck this again".... literally a child can be doing this, its work for sake of working
@kristiangjika
@kristiangjika 3 жыл бұрын
@@Zoltan1251 do you really think that working as an analyst at (one of) the most important bank in the world is so easy that a child could do that? lol
@Zoltan1251
@Zoltan1251 3 жыл бұрын
@@kristiangjika you really overestimate what analysts do.... yes a child can do that... analysts have no power nor will anyone wants them to have power... im not saying you are replacable, im saying, if you got hit by a car nobody would notice (that actually happened and nobody cared) i work at biggest Reinsurrance company in the world, looking over some 20bn in investments... there are literally like 2 people making decisions (apart from board) and other 500 people are just running the same reports over and over again or creating dandy presentations by far the most important people are IT guys running the systems... analysts are literal shit you can pick on the street, thats why they only take ones who will work like 2 people in 1 day
@kristiangjika
@kristiangjika 3 жыл бұрын
@@Zoltan1251 if it was that easy the salary would be way lower tho
@EZraeel933
@EZraeel933 3 жыл бұрын
16 Hours, holy shit, how is this even acceptable.
@mikes3637
@mikes3637 3 жыл бұрын
I do 20 hours bro 16 is a luxury
@scottmorrison5668
@scottmorrison5668 3 жыл бұрын
exploitation at its best.
@moritz1999moritz
@moritz1999moritz 3 жыл бұрын
@@mikes3637 that is not even possible...
@meme1033
@meme1033 3 жыл бұрын
@@mikes3637 wow everyone look at this guy
@TheSwiftMonster
@TheSwiftMonster 3 жыл бұрын
The hours are very well known and there are plenty of other jobs in the same field that are a standard 9-5pm. You take an internship at Goldman (if you can even get it) solely for the prestige as it makes getting a top job almost anywhere afterwards much much easier. Almost everyone who goes to work for Goldman leaves within 2yrs for this reason.
@RobertBrown..
@RobertBrown.. 2 ай бұрын
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go out of devastation.
@danieltaylor--65
@danieltaylor--65 2 ай бұрын
Avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
@JenniferDavis7630
@JenniferDavis7630 2 ай бұрын
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
@SarahTaylor_
@SarahTaylor_ 2 ай бұрын
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
@JenniferDavis7630
@JenniferDavis7630 2 ай бұрын
Finding financial advisors like Kenna Muriel Hesseling, who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@trazzpalmer3199
@trazzpalmer3199 2 ай бұрын
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
@youssoufmerouani8107
@youssoufmerouani8107 2 жыл бұрын
Thank yo for the video Kenji. I remember when I was doing my bachelor and was thinking of getting into investment banking. I had a professor i was close to who had worked for GS. It was more of a dream, but then I chose to do research at the university instead (phd). Now taking these work hours into consideration, and even though the university has long work hours as well, I'm more happy with my choice because it wouldn't have worked for the family life I now very much appreciate. Really happy for you though. And thank you for clarifying on the differences that may exist between different places (compared to London/NY)
@bubz4196
@bubz4196 3 жыл бұрын
sounds like hell i can literally *feel* that 10 P.M. Tuesday meeting..... "can you make the pie chart a little bigger?" "actually I think it looked better smaller"
@Dokuzu
@Dokuzu 3 жыл бұрын
Holy
@loganlas4146
@loganlas4146 3 жыл бұрын
I’d throw hands if it’s 10 pm and somebody is making me stay to mess with the font on a presentation
@bubz4196
@bubz4196 3 жыл бұрын
@@loganlas4146 i just got back home from one of those meetings
@loganlas4146
@loganlas4146 3 жыл бұрын
@@bubz4196 wow 😂
@Diego0wnz
@Diego0wnz 3 жыл бұрын
It’d be good if it was useful stuff, but it’s just busy work for meaningless charts
@paul11102
@paul11102 3 жыл бұрын
I can’t believe how depressing the corporate world is
@Twoseasons2
@Twoseasons2 3 жыл бұрын
Imagine working 16 hours
@CL-ld2pu
@CL-ld2pu 3 жыл бұрын
Probably why he's starting a KZbin channel lol
@jerrodrabenbauer5896
@jerrodrabenbauer5896 3 жыл бұрын
@That's Crazy they get paid very well don’t worry
@v4vendetta37
@v4vendetta37 3 жыл бұрын
@That's Crazy in the US they get paid around 140k-160k after bonuses Keep in mind they’re basically working 2 full time jobs So the actual pay isn’t worth it IMO, it’s good for a year or two but a long term career path it isn’t sustainable From my understanding you go into IB because it opens a lot of doors for you in your career with more a more sustainable lifestyle
@markf4258
@markf4258 3 жыл бұрын
@@v4vendetta37 Yeah there is another guy on KZbin that gives his full pay breakdown. He gets 80k and anther 70k bonus. The bonus gets cut in half with the revenue, same with his salary. Rent is $1200 a month for him and it's being shared between 5 other guys. He doesn't even have a bedroom. I say he is earnings between $20-30 an hour, which is horrendous giving the living standards and working hours. He also says he worked for 26hr
@Robay146
@Robay146 3 жыл бұрын
Thank you for being so honest. Those hours are crazy!
@henryhunter1773
@henryhunter1773 3 жыл бұрын
Too long.
@anthonyrobinson5532
@anthonyrobinson5532 3 жыл бұрын
It’s worth it though
@keysersoze5032
@keysersoze5032 3 жыл бұрын
@@anthonyrobinson5532 yeah for a year or two
@AlexM8910
@AlexM8910 3 жыл бұрын
@@anthonyrobinson5532 Absolutely not.
@curious_one1156
@curious_one1156 3 жыл бұрын
@@anthonyrobinson5532 Do you know about Software Engineering ?
@Fuhyr675
@Fuhyr675 3 жыл бұрын
You’re a well spoken dude, I’m gonna take from your communication skills, and very concise and to the point. Subbed
@KenjiExplains
@KenjiExplains 3 жыл бұрын
Thank you Frank I appreciate that!
@satinsolstice
@satinsolstice 3 жыл бұрын
very accurate portrayal, man! society over-glamorizes these types of jobs, but it's incredibly draining on your health.
@MCC876
@MCC876 3 жыл бұрын
Yes, stressful. Where is a good life. I almost feel sorry for all born. We need a better world.
@LandingNow
@LandingNow 3 жыл бұрын
True. You dont even have the time to enjoy your salary. Im not going to mention the physical and emotional drain that come with it. Most people I know in the industry have developed serious back and spine issues as well as increased anxiety and high levels of stress. You REALLY have to love the job to get into this industry, otherwise just look for something else
@nycyabber7103
@nycyabber7103 2 жыл бұрын
It is but keep in mind, this is for an internship. My former roommate was also an investment banker in NYC and his first year was mostly 12 hour days. Three years later and he works much closer to the regular 40. He works from home a lot too.
@AN-xs7dw
@AN-xs7dw 2 жыл бұрын
modern day slavery.
@fixxxer7030
@fixxxer7030 2 жыл бұрын
@@nycyabber7103 Exactly. The senior jobs are definitely what is portrayed in movies. Basically the intern is doing all the shit work whilst senior employees can go on a 2 hour lunch.
@ExxonMobilCompany
@ExxonMobilCompany Жыл бұрын
A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k
@robertlucas8288
@robertlucas8288 Жыл бұрын
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
@marcelrobert9569
@marcelrobert9569 Жыл бұрын
in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multifaceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
@obodoaghahenry9297
@obodoaghahenry9297 Жыл бұрын
@@marcelrobert9569 The stock market is down 20%. Keeping my money in bank could be no good but investing is riskier, I wish to find better value deals as asset prices keep decreasing but lack the skillset, mind if I look up your advisor? I admit this is the only way for amateurs like myself?
@marcelrobert9569
@marcelrobert9569 Жыл бұрын
@@obodoaghahenry9297 I invested with Julie Anne Hoover a widely known consultant. You can make a quick internet research with her name mentioned where you can easily get in touch..
@lookup2423
@lookup2423 3 жыл бұрын
How does he even have time to make this video? That's stressful.
@brianogbogu6590
@brianogbogu6590 3 жыл бұрын
Must've been on a workfree Saturday.
@andrepoghosyan8269
@andrepoghosyan8269 3 жыл бұрын
I think he did this internship a while ago
@Chopper8472
@Chopper8472 3 жыл бұрын
Exactly, I quit working at GS because I was spending majority of my time working 16h/day including the weekend. The employee turnover is extremely high at my previous team.
@happyscrappy370
@happyscrappy370 3 жыл бұрын
Cause it’s 10 weeks long dumb dumb.
@happyscrappy370
@happyscrappy370 3 жыл бұрын
@@Chopper8472 no you didn’t. Hahah
@kikeeseesel
@kikeeseesel 3 жыл бұрын
I'm an engineering intern for chemical manufacturing and my days go a lot different. 16 HOUR DAYS? WTF.
@varunkaushik3204
@varunkaushik3204 3 жыл бұрын
If you end up supporting a 24/7 continuous chemical facility, your hours can be similar to IB hours. I worked 13-14 hours per night for 6 nights a week for better part of 4 years...batch process plants are forgiving stress and hours wise. No on-call during off hours helps too.
@Thomas-qg7vy
@Thomas-qg7vy 3 жыл бұрын
I work at a manufacturing facility for stainless steel and aluminum parts and there are several high-level employees who work 12-16 hours.
@john-zf1yb
@john-zf1yb 3 жыл бұрын
And what you do actually has some impact all they do is change the font on a power point 11 times a day.
@AdotGGG
@AdotGGG 3 жыл бұрын
this sounds terrible for millennials.. salary of 140k in a big city is so misleading, big firms need to adjust work life balance or there will be a huge problem
@ChiefsFanInSC
@ChiefsFanInSC 3 жыл бұрын
It's not the 140k job they are shooting for. It's the hope of eventually getting to a VP or Managing Director performance which are jobs where compensation can reach 7 figures.
@Pray888
@Pray888 3 жыл бұрын
Depends what city. DTLA studio rent is 2k for a very nice place. Obv if you're making 140k that isn't shit.
@vibinpenguin7021
@vibinpenguin7021 3 жыл бұрын
normally you only join as an analyst for good exit opportunities later down the line
@mattclark3054
@mattclark3054 3 жыл бұрын
Given the expectation to work 16 hr days, potentially 6 days per week. It's more like $58K on pro rata basis.
@letsdostuff5864
@letsdostuff5864 3 жыл бұрын
@@Pray888 you are so full of it. I live in DTLA and the average rent for a "nice" studio is probably $4k/month minimum .
@UnPuntoyComa
@UnPuntoyComa 3 жыл бұрын
This sounds like the work for which at least 2 persons are needed. You would think companies as profitable as Goldman Sachs would invest on that, specially considering many of this work is administrative work, that can be done by a less specialized worker who would actually be cheaper, and by not insanely exploiting them, you would actually have better results in productivity... but they prefer to grind out some dudes >16h a day
@abcdefghijkl5408
@abcdefghijkl5408 2 жыл бұрын
It is a club....this is the initiation phase for entry into the club
@pignoob9551
@pignoob9551 2 жыл бұрын
@@abcdefghijkl5408 what do you get when you join
@gmarie3053
@gmarie3053 2 жыл бұрын
Saying you work at GS-> Status + A LOT of money
@Metalhead.1315
@Metalhead.1315 2 жыл бұрын
@@gmarie3053 dude forealz investment bankers sure make bank💰 + those large bonuses they get.🤑
@dekippiesip
@dekippiesip 2 жыл бұрын
@@abcdefghijkl5408 exactly, this is just like the hazing stage in student fraternities or hell week for navy seals. You need to get through it in order to make the big 💵 💵 💲 And by that time you have juniors you can push around just as you where.
@samtekker9969
@samtekker9969 Жыл бұрын
I’m a doctor who used to put up 120+ hour work weeks in medical school and stuff but i absolutely hated my life and would not go back to that life even for millions. I now work like 30 hours a week making 6 figures and have all the free time in the world. Major respect to you grinders putting up 80-100+ hours/week, I absolutely hate that life.
@aliyahjohnson181
@aliyahjohnson181 Жыл бұрын
do you still do medicine?
@gnanaprakash7996
@gnanaprakash7996 3 жыл бұрын
10:06 did i just hear him say "I got to leave EARLIER LIKE 10" ....5pm is the new 10pm now
@TheKrazykwasi
@TheKrazykwasi 3 жыл бұрын
I caught that too. WTH! I work an average of 10-12 hrs a day (which is already more than i get paid for tbh), but i start my day around 6:30, so i can finish at a somewhat respectable time to enjoy the night (aka licking my wounds from a hectic day).
@JDRFLIP
@JDRFLIP 3 жыл бұрын
10:08 Lol he got out early - got to leave at 10. Am dead.
@kara6320
@kara6320 3 жыл бұрын
This video provided such detailed insight into the DITL of an IB intern. I realized the media definitely glamorized this profession compared to what you shared, it sounds like a lot of hours and work! Also the way you come across is humble and genuine which is quite different than most interns who act pretentious because they landed roles at prestigious firms
@KenjiExplains
@KenjiExplains 3 жыл бұрын
Hi Kara, really appreciate the nice comment! 😁
@parsa6526
@parsa6526 3 жыл бұрын
@@KenjiExplains hey im considering going into banking but im pretty scared because i dont have much knowledge in this field would you say that university prepared you for it or did it feel overwhelming? Im not certain if i could do it but i am considering it but before i get myself into the wrong course in university i wanna know if it really prepared you for the actual work? I want to pursue this career but i dont think theres much room for mistakes on the job and I wouldn’t want to screw myself over for 4 years and then get into a job im not ready for. Im not the smartest person nor am i good at presentations. In your opinion do you think I should pursue this career path or find something else that I understand better?
@oliverstanton3728
@oliverstanton3728 3 жыл бұрын
@@parsa6526 you should probably learn to use punctuation before trying finance.
@parsa6526
@parsa6526 3 жыл бұрын
@@oliverstanton3728 sorry bro was writing a comment on youtube not writing my damn cover letter
@blipojones2114
@blipojones2114 3 жыл бұрын
As someone who works in IB (software dev), I believe investments banks have perfected the art of burning out some of the smartest and hard working people. It's a decent spring board, I guess, but staying to long is a killer - I'm personally well overdue leaving. I have seen to many people becoming very jaded, even within 6 months of starting. I think the pandemic has also exacerbated this as well. Lot's of resignation at least from my perspective.
@metadata5760
@metadata5760 3 жыл бұрын
I could tell from your profile picture that you work for an IB
@blipojones2114
@blipojones2114 3 жыл бұрын
@@metadata5760 I quit
@le0nz
@le0nz 2 жыл бұрын
I did almost 9 months at ib also as a dev, we were doing 9,10hrs daily but the analysis were there all day. Kinda sad. They were so young and throwing their lives away for money.
@pignoob9551
@pignoob9551 2 жыл бұрын
@@blipojones2114 why
@secretmediagmbh3929
@secretmediagmbh3929 2 жыл бұрын
@@pignoob9551 Just read his comment?
@cjsmith8319
@cjsmith8319 8 ай бұрын
I’m a CPA who works in Tax. The amount of hours I spend at work pale in comparison to what these guys endure. These guys must really love what they do. Respect.
@credible7692
@credible7692 3 жыл бұрын
The way people live like this as if it’s okay, blows my mind.
@RabbitConfirmed
@RabbitConfirmed 3 жыл бұрын
they freaking love it, it seems
@yashaswiniverma8771
@yashaswiniverma8771 3 жыл бұрын
For them learning is important more than partying
@BryWMac
@BryWMac 3 жыл бұрын
Learning more and more about less and less
@RabbitConfirmed
@RabbitConfirmed 3 жыл бұрын
@@BryWMac Very true..
@mr123undead
@mr123undead 3 жыл бұрын
@@yashaswiniverma8771 no this is not learning, this is developing heart attack and stroke
@Ye7l
@Ye7l 3 жыл бұрын
Fuck. Im a retail trader and do well for myself. Ive been thinking about getting a trading job with BP because I'm bored at home. But fucking hell this looks miserable
@Kactus479
@Kactus479 3 жыл бұрын
nah mate. Enjoy your time at home. Its a real privilege you have. Do something in your freetime instead which closes the gap
@MrMarckmagic
@MrMarckmagic 3 жыл бұрын
Trading in a bank has totally different schedules and activity. This video works for IB only. (I am a trader in an investment bank)
@Ye7l
@Ye7l 3 жыл бұрын
@@MrMarckmagic could I get a job at a IB with just pure audited numbers? No college degrees just pure screen time alpha
@The8lueSpirit
@The8lueSpirit 3 жыл бұрын
Investment banking isn’t the same thing as being a trader. Completely different roles.
@toyurew4708
@toyurew4708 3 жыл бұрын
@@Ye7l highly unlikely. Remember traders at banks are sell side traders not only generating alpha but facilitating client flow aka crossing flow etc. if you are a pure alpha trader maybe a fund or I would just leveraged myself and trade from home without having to deal with risk, compliance and clients etc
@unknowninfinium4353
@unknowninfinium4353 3 жыл бұрын
After few months just like everyone else: Why I quit my 6 figure paying job video.
@StoiicWisdom
@StoiicWisdom 3 жыл бұрын
People usually pursue IB for amassing lots of money by grinding certainly to quit after 2 - 3 years. So that they can skillfully build their startup or any business thereafter.
@heshintshering1801
@heshintshering1801 3 жыл бұрын
Sounds like hell, im so grateful to be in a position where i can wake up when i want and work when i want
@Leven727
@Leven727 3 жыл бұрын
what’s ur job
@DrewHolmes
@DrewHolmes 3 жыл бұрын
sounds like a nightmare....good to see your working hard to get ahead. My bro traded for DRW group in Chicago and retired at 31. We run a few family businesses now but certainly nobody telling me what to do. Thats respect man keep working hard
@obamabinladen5055
@obamabinladen5055 3 жыл бұрын
So, the work looks easy. It's the sheer volume of work that makes it incredibly difficult. Kind of opposite to software engineering.
@curious_one1156
@curious_one1156 3 жыл бұрын
Exactly
@igotmorevertthanyou1282
@igotmorevertthanyou1282 3 жыл бұрын
Maybe you should switch, it does pay 10x more lol
@jakebond4006
@jakebond4006 3 жыл бұрын
You're name is incorrect. It should be osama bin laden.
@Mantely14
@Mantely14 3 жыл бұрын
@@jakebond4006 No shit sherlock
@jakebond4006
@jakebond4006 3 жыл бұрын
@@Mantely14 exactly..why associate a great man like obama with that low life.
@BrewsAndBraaps
@BrewsAndBraaps 3 жыл бұрын
All these people complaining about the hours / work life balance. You know what you’re getting into when you choose this career path. It’s a great way to learn a ton in a couple years and set yourself up for good exit opportunities.
@RonieIslam8
@RonieIslam8 3 жыл бұрын
This is sounds really unhealthy, crazy that the employees accept these working conditions. Still an interesting thing to do under a limited amount of time!
@Nevy21
@Nevy21 3 жыл бұрын
and all you do is meaningless fucking shit lmao messing with powerpoint boxes all day for no real reason
@tt-ln4mc
@tt-ln4mc 2 жыл бұрын
you won't make 200k+ a year not working your ass off. Some people want to be successful so they go for it, respect to them
@Simba365
@Simba365 Жыл бұрын
​@tt-ln4mc that 200k is extremely deceptive that is equivalent to about 50/hr billable rate not counting bonuses.i would take 120,000 and 40hr week in tech any day over that. Plus other expenses like getting an apartment close to the office to save commute time which will be extremely expensive and eating out all the time. At that point that 200k really won't be worth it other than a resume boost
@guitar45rocks5
@guitar45rocks5 3 жыл бұрын
Every time I read about finance jobs, it makes me even more grateful to work in tech
@NOLINK74
@NOLINK74 2 жыл бұрын
Funny thing is tech people make more and pay these guys to make them money
@lisama2538
@lisama2538 2 жыл бұрын
Kenji we NEED a video from you on time management and productivity! PLEASEeeeeeee
@MohammedIbrahim-sk8wi
@MohammedIbrahim-sk8wi 3 жыл бұрын
Damn I wud rather work in McDonald’s for 20k a year than do this
@oparacarlos4095
@oparacarlos4095 3 жыл бұрын
How about if you look for a professional trader who would explain everything to you, teach you and also help you trade. Do you need help?
@uhhhhJD
@uhhhhJD 3 жыл бұрын
I am in an engineering internship with an airline and I really don’t see how anyone has the energy for this
@THEMRblackboy7thst
@THEMRblackboy7thst 3 жыл бұрын
they are stupid. thats why.
@georgebrantley776
@georgebrantley776 3 жыл бұрын
They're holding out for the 7 figure salary in 10 years
@tothemoon4776
@tothemoon4776 3 жыл бұрын
​@@georgebrantley776 i mean...how do humans physically sit at a desk 16 or 17 hours a day? He said he even had a 22 hour day.How can a human sit at a computer for 22 hours with maybe an hour and a half for some food and breaks? how is that even possible? Maybe they do a ton of coke or adderall. IDK.
@georgebrantley776
@georgebrantley776 3 жыл бұрын
@@tothemoon4776 You get used to it I guess. It's a grind for sure. Lots of coffee and, yeah, probably other drugs for some folks too.
@obamabinladen5055
@obamabinladen5055 3 жыл бұрын
don't compare, lol. engineering requires lof of brain. this doesn't.
@josericardocolon1768
@josericardocolon1768 3 жыл бұрын
I would never be happy living like this... yeah my finance degree will have no use lmao
@priyenshah5850
@priyenshah5850 3 жыл бұрын
@@oparacarlos4095 no bot he doesn't need help. Gtfo
@FlyingKoreanMinja
@FlyingKoreanMinja 3 жыл бұрын
Doesnt mean your degree will be useless. You can always apply for positions in commercial banking or analyst position. They still may ask you to work more than 40 hrs based on business needs, but conditions are a lot better than IB for the most part if you are willing to give up pay.
@CrialCrial
@CrialCrial 3 жыл бұрын
Finance is a very broad category and not all jobs in that industry have zero work/life balance like this.
@josericardocolon1768
@josericardocolon1768 3 жыл бұрын
@@CrialCrial oh ik but still I graduate this semester and I’m as clueless as I was on my first day so it really won’t get any use I’m sure of that sadly… them 16 hours would push my hairline back no cap
@Fede45454
@Fede45454 4 ай бұрын
I work 35-50 hr weeks in commercial banking. Pay is a lot less but much better wlb
@igorluiz9551
@igorluiz9551 3 жыл бұрын
Holy shit, this is insane. I work in a "regular" bank and sometimes I worked on projects that demanded for me to stay from 7 am until 4am ou 5am, but that was rare and an specific super complex small deadline projects. In those days I would hate myself for accepting the job lol, I can't imagine doing it regularly
@surfsidefishingandoutdoors
@surfsidefishingandoutdoors 3 жыл бұрын
My brother is currently an IB global head of Areospace... when he was coming up years ago... I never saw him... he deserves every penny....
@humbertXX
@humbertXX 3 жыл бұрын
Great video. I think a lot of the comments about the work hours are from people who have never been in banking. I currently work as an Analyst not in any of those areas but in banking and this is pretty typical. The people who want to be there and want to move up will do the job and also it’s just the culture combined with strict deadlines.
@floyheavilin6610
@floyheavilin6610 2 жыл бұрын
Are you truly interested in bitcoin mininig like everyone else 🤔
@luminousblue1539
@luminousblue1539 3 жыл бұрын
I used to work for a major financial services firm and I can say that Kenji's description is 100% accurate. You really put in a lot of hours. I averaged 16 a day and worked over the weekends too. Good video K.
@alekzandaaaaaaa
@alekzandaaaaaaa 3 жыл бұрын
Was it worth it? Those hours would drive me crazy lol
@luminousblue1539
@luminousblue1539 3 жыл бұрын
@@alekzandaaaaaaa No.
@dontknow1684
@dontknow1684 3 жыл бұрын
I am currently a student doing a double degree in econ and finance. I do not want to end up with a difficult job, but I also want to be paid well. Like at least 100K after 10 years of work experience. What industry or job do you think is suited for that?? I am just very worried about ending uo with a job I hate.
@luminousblue1539
@luminousblue1539 3 жыл бұрын
@@dontknow1684 What currency?
@dontknow1684
@dontknow1684 3 жыл бұрын
@@luminousblue1539 usd
@XYtotheZ
@XYtotheZ 3 жыл бұрын
I’ve spent most of my life running my own small business and working less than 20 hours per week. Sure… I never made as much as GS employees….. but I had a life and witnessed all the beauty that the world had to offer. Sad that people throw so much of their life away for money and a career that actually creates little other than finding new and creative ways to screw over the general public.
@watchhimburn100
@watchhimburn100 3 жыл бұрын
Doing what, if you don’t mind me asking?
@LESTIFISA
@LESTIFISA 3 жыл бұрын
Except the beauty doesn’t exist in ur mirror
@bluegiant13
@bluegiant13 3 жыл бұрын
Same with people that go to the olympics. They start as kids when they are 5 yo and train 10 hours a day just so they can win a gold medal once. It sounds admirable and all that from the outside. But in reality you are just wasting your life away and there are much better things to do in life than train 10 hours a day.
@mahmud7645
@mahmud7645 3 жыл бұрын
@@LESTIFISA lol uncalled for roast
@illyrian9976
@illyrian9976 3 жыл бұрын
Most people only work in IB for 2-3 years and then leave for another job. Having IB on your resumee guarantees that you will get a great job where you can work 40 hours in the week yet still make a shit ton of money.
@UtahBalloonGuru
@UtahBalloonGuru 3 жыл бұрын
Thanks for sharing! I was an analyst in Private Wealth Management at Goldman Sachs. Worst year of my life... I was a slacker and only put in 60 hours per week... ended up leaving to go grow a small hobby business I had creating balloon decor... My Goldman Sachs colleagues ridiculed me and my managers laughed at me as I walked out of the building (escorted by security of course).... Leaving that hell hole was one of the best decisions I ever made... Made 3x my salary while working 1/3 the time... The best lesson I learned from Goldman Sachs is life is too short and too precious to throw away to that terrible organization... Lots of smart people there but not enough of them to actually create a company worth working for.
@raba.k
@raba.k 3 жыл бұрын
Love this!
@BugattiBoy01
@BugattiBoy01 3 жыл бұрын
Only 60 hours....
@DipenTiwari
@DipenTiwari 3 жыл бұрын
Depends on personal experience I guess. I'm a Goldman alumni myself. Yes, the hours were gruelling but the experience and knowledge I acquired is invaluable. The grunt work is what sets the discipline and it ultimately key to succeding in Investment Banking. But it's definitely not for everyone. I work for a PE firm now and am doing very well. The hours are a 100 times better. If it hadn't been for my experience with Goldman, I certainly wouldn't be where I am today. Also the bonuses were pretty sweet.
@HK-lz6lj
@HK-lz6lj 2 жыл бұрын
@@DipenTiwari modern day slavery lol
@marwanibrahim
@marwanibrahim 2 жыл бұрын
@@HK-lz6lj Except you're actually getting paid a decent amount of money
@SelvinsStudent101
@SelvinsStudent101 2 жыл бұрын
Great video and really interesting insight! I'm an ex IB analyst in London (also worked in product / financing). Although I worked some pretty nasty hours, seems like you guys get pushed even more over there!
@tanuraman7884
@tanuraman7884 2 жыл бұрын
Hi. If i complete MBA from The University of Oxford. Will it help in London.?
@GuitarGamer789
@GuitarGamer789 2 жыл бұрын
@@tanuraman7884 it depends on what you want to do. But yes, I am sure it would be helpful for most financial applications / running a business. I am not 100% sure as I never did a MBA
@miguelosvaldo7629
@miguelosvaldo7629 3 жыл бұрын
I ponder on how my retirement experience would generally feel like because I've not yet been able to save enough money and according to my spreadsheet I'm 3 years closer to my retirement schedule.
@jamesmaduabuchi6100
@jamesmaduabuchi6100 3 жыл бұрын
There might be an economical turmoil but there is no doubt that this is still the best time to invest.
@henryclinton9317
@henryclinton9317 3 жыл бұрын
Best time to invest? thats funny though because in the last four months I have lost more than $47,000 in stock market which is the biggest I have loss since I ventured into stock investment.
@jamesmaduabuchi6100
@jamesmaduabuchi6100 3 жыл бұрын
you could be right or wrong depends on your expertise, I once made such loss when i invested thinking i have gathered enough trading skills from youtube videos but now its a different ball game for me because I was lucky to have met "Jessica Lee Aquiler ", a financial manager and stock expert, I have made more than $165,000 in 6 weeks under her supervisions.
@jamesmaduabuchi6100
@jamesmaduabuchi6100 3 жыл бұрын
@Bridget Stone Search her name on the web you will see all you need to know about her.
@henryhunter1773
@henryhunter1773 3 жыл бұрын
Interesting video. Investment Banking seems to be a very grueling career.
@erhhsdhh2099
@erhhsdhh2099 3 жыл бұрын
Yea the working hours and intensity of the work are pretty insane. Literally the only incentive to do it is the money lol
@sandeep9498
@sandeep9498 3 жыл бұрын
Very right portrayal of IB. People get facinated by IB but one has to keep on working under high pressure and time constraint. Those 16 hrs long hrs is the harsh reality.
@MrDizzymauler
@MrDizzymauler 2 жыл бұрын
Just be more efficient
@CelesteLopez-f7e
@CelesteLopez-f7e Ай бұрын
Love how straight to the point the video is❤
@maximumporecontrol6829
@maximumporecontrol6829 3 жыл бұрын
My dad is a Senior VP at a investment bank and tells me stories about interns sometimes. We used to live in NYC but moved down to Florida bc it was more chill.
@wenslo8514
@wenslo8514 3 жыл бұрын
How's Florida for you guys?
@tommyd5891
@tommyd5891 3 жыл бұрын
How many hours a week does he work typically?
@benitolopez725
@benitolopez725 2 жыл бұрын
Likely a democrat
@avjeetsidhu4545
@avjeetsidhu4545 3 жыл бұрын
Absolutely killed the visuals! Great Video
@KenjiExplains
@KenjiExplains 3 жыл бұрын
Appreciate the comment! Took a while to make haha 😅
@francedeguzman510
@francedeguzman510 3 жыл бұрын
I've never seen this "Day in the Life" format before! It has analyst/finance written all over it 😆.
@ph5391
@ph5391 3 жыл бұрын
youve never experienced youtube if you havent searched "A day in the life of a..." and see what pops up. live a little. :)
@rumNcoke-aine
@rumNcoke-aine 2 жыл бұрын
As someone who works in finance I don’t know how the hell you do it. I admire your work ethic but I could never do it. I’ll keep my 40 hour work weeks thank you.
@adriendelplace8755
@adriendelplace8755 Жыл бұрын
I work 9 am - 5 pm with a 1 hour break so 35 hours a week like most french people, 100% working from home. And I wouldn't do anything different for any amount of 💵. The quality of life, being able to go to the cinema at 6pm or do sports everyday etc is so much more important for me than earning a lot of money. (Even if I have a masters degree). I love France sometimes haha.
@Samadi687
@Samadi687 3 жыл бұрын
Early retirement is the dream, I refuse to accept that I have to be at the end of my life to enjoy time freedom….Let’s hustle to financial independence! 🇺🇲🇺🇲💯💯
@lucywilson4046
@lucywilson4046 3 жыл бұрын
I wanted to trade crypto by myself but got confused and discouraged by the fluctuations in price😂😂🙄
@johnwilson8187
@johnwilson8187 3 жыл бұрын
@@lucywilson4046 That won't bother you if you trade with a professional like Ms Lucy White
@castromunsey2548
@castromunsey2548 3 жыл бұрын
I heard that her strategies and Profits are really good🦹🦹🦹
@De_Ridaz
@De_Ridaz 3 жыл бұрын
@@castromunsey2548 Yeah, my first investment with Ms Lucy earned me profit of over $18,550, and ever since then she has been delivering
@Samadi687
@Samadi687 3 жыл бұрын
Wow, amazing to see others that also trades with Ms Lucy, I’m currently on my 5th trade with her and my portfolio has grown tremendously.
@SLASHEZP
@SLASHEZP 3 жыл бұрын
Great video! I appreciate everyone has their own views and motivations but having no time to socialise, spend time with family, workout and sleep properly does seem like a big sacrifice to make, but at the end of the day this is just how it is!
@henryhunter1773
@henryhunter1773 3 жыл бұрын
Same. It doesn't seem worth it for someone like me. 👍
@libincheeran6572
@libincheeran6572 3 жыл бұрын
Indian software companies have bad reputation for horrible working hours. But, this one takes the cake..16 hours is just crazy. I used to work odd hours in the beginning of my career, but if I stayed back late at office, I would go in late like around noon.
@realracerz3242
@realracerz3242 3 жыл бұрын
The video I didn't search for but I needed. Thanks KZbin algorithm
@kwfown
@kwfown 2 жыл бұрын
FYI, Saturday is “fun day” at GS, that’s why interns aren’t allowed in the office, too much legal exposure
@lotuswolf1518
@lotuswolf1518 3 жыл бұрын
Everyone is depressed and don't like their work, Starbucks Walmart employees to people working in big fours FAANG etc , pandemic has made everyone rethink their goals dreams life choicesb
@afterrecession
@afterrecession 3 жыл бұрын
16 hours? Sheeesh. What an eye-opener. Thanks for the video, Kenji!
@markolivia1781
@markolivia1781 3 жыл бұрын
This is a detailed description on how to get started, but don't forget mentorship in this crypto business else you will run lots of losses.
@robertemily1645
@robertemily1645 3 жыл бұрын
You're right, thanks for introducing me to Mrs Sarah Ann Fetters
@robertemily1645
@robertemily1645 3 жыл бұрын
I don't think trading would have been a success without the help of Sarah
@marksophia7186
@marksophia7186 3 жыл бұрын
@@robertemily1645 You mean Sarah is also your mentor in trading?
@birgitkelle7201
@birgitkelle7201 3 жыл бұрын
@@marksophia7186 I'm not surprised because she got the best strategies in trades
@birgitkelle7201
@birgitkelle7201 3 жыл бұрын
I make good withdrawal weekly
@harshitsiwach7544
@harshitsiwach7544 2 жыл бұрын
You're honest, thats what i liked the most about your work. Good luck and success for future hero.
@Rawness97
@Rawness97 2 жыл бұрын
“Sometimes I even got to leave early, around 10pm” 😅
@carolinepage2293
@carolinepage2293 3 жыл бұрын
Amazzzingggg!!! Thank you sm for making this - currently in the throes of recruitment and this is very helpful and gives me an excellent picture of what to expect.
@KenjiExplains
@KenjiExplains 3 жыл бұрын
Thank you Caroline! Best of luck in the recruitment process 😁
@chrisbedwards
@chrisbedwards 3 жыл бұрын
This is absolutely insane. It feels analogous to military basic training.
@ddlithuania819
@ddlithuania819 3 жыл бұрын
Only in military basic training you wake up to shouting and insults and go to sleep full of fear and paranoia that a superior will burst in threw the doors screaming and waking uo everyone for a suprise 10km run at 1am
@hagodi
@hagodi 3 жыл бұрын
I make total compensation of $170K, I’m 30 years old and I work 40 hours a week. I’m a retail banker. I’ve learned that the value of time, has no price. My next move will be a VP for wealth management as a financial advisor, average pay for my advisors in my branch is $250-350K after the first 6 years of building a book, they work branch hours as well, 9-5PM. Just sharing my experience while watching this great video.
@motconheocon
@motconheocon 3 жыл бұрын
I really like this format of "day in life of..." Clear and conciss; no unnecessary video montage
@ironwrit
@ironwrit 3 жыл бұрын
Best day in the life of a Goldman Sachs Summer Analyst video I’ve watched.
@dominicdavison8590
@dominicdavison8590 2 жыл бұрын
Used to work 13 hour shifts in an office when I was in my twenties/early thirties. After 10 hours my concentration/productivity levels were seriously flagging. Plus my weekends were generally spent recovering and catching up with sleep. So doing 16 must be torture.
@secretmediagmbh3929
@secretmediagmbh3929 2 жыл бұрын
You need to love this work to do the 16 hours.
@muhannad9629
@muhannad9629 3 жыл бұрын
you can tell all these hours of preparing presentations paid off when you see how well made this video is
@N0URii
@N0URii 2 жыл бұрын
Wow yeah right
@sagarthorat9175
@sagarthorat9175 2 жыл бұрын
Lol and that's an achievement? It's not a cinematic movie he has made.. Being able to make aesthetic presentations should not be the goal of ones life.
@sarthakgaya
@sarthakgaya 3 жыл бұрын
So true and so honest, I think this is exactly what my days at GS looked like when I was interning in Bangalore for 6 months as an Investment Banking intern
@sreeharisankaranarayanan352
@sreeharisankaranarayanan352 3 жыл бұрын
0:56 Is it 16 hours a day or what.
@ananyamalaviya7546
@ananyamalaviya7546 2 жыл бұрын
Great video Kenji! You explained it well with simplicity.
@backingtracks796
@backingtracks796 3 жыл бұрын
“7 to 11” Sometimes I even get to have Christmas with the old family, wonder how my wife is doing all day at home, haven’t seen her since thanksgiving when we Skyped
@fayeduddin3229
@fayeduddin3229 2 жыл бұрын
No job is worth 16 hour days no matter how fulfilling it may be. Mental health over everything.
@tlanda6
@tlanda6 3 жыл бұрын
Thank you for your honest info about this topic. It was very well done 👍🏼
@KenjiExplains
@KenjiExplains 3 жыл бұрын
Glad it was helpful!
@TheGarfield1337
@TheGarfield1337 3 жыл бұрын
Not to get me wrong, I have huge respect for so called "workaholics", but everyone who thinks that an average work day of 16hrs is worth it, just because of the paycheck is out of his mind
@JoSantino147
@JoSantino147 3 жыл бұрын
Let me know when you finish your sentence
@cocoreo89
@cocoreo89 3 жыл бұрын
Wow good for you! I would’ve left by like 7pm latest lol. Some of that stuff could wait for the next day
@British_loyalist
@British_loyalist 3 жыл бұрын
Finally, someone who doesn’t bombard us about his lunches and coffee breaks.
@danielberry9610
@danielberry9610 3 жыл бұрын
watching this as I get ready to start my realistically 2 hour work day haha
@jonjon3829
@jonjon3829 3 жыл бұрын
So most of the work is done updating powerpoint? thats a job for bots not people.
@xxxxxxxyyyyyyy
@xxxxxxxyyyyyyy 3 жыл бұрын
Or recording the meeting and writing notes...
@ShansPercussive14
@ShansPercussive14 3 жыл бұрын
Yeah haha, and the total amount of benefit to humanity is exactly 0 (or less than zero if you factor in the fact that higher earners cause more pollution, and the subsequent deaths, than lower earners.) It seems like a totally meaningless existence to me. Surely these people could put their analytical minds to better use e.g. financing the distribution of malaria nets or funding deworming programs? I don't know why people who are already in the top 4% richest humans ($20k per year salary) aren't already happy and still need to climb into the top 1%. it doesn't make sense. Surely all these people would be happier donating almost all of their income to the world's most effective charities rather than causing unimaginable harm by supporting complex and polluting global supply chains? You might as well shoot a kid in the head with a shotgun instead of living a consumerist lifestyle - the outcome isn't all that different.
@jonjon3829
@jonjon3829 3 жыл бұрын
@@ShansPercussive14 Who could be happy in that situation? To even do that menial kind of work, when you probably worked your ass off on 2 or 3 degrees, you need to get into a specific mindset and once in that mindset, nothing you do will make you happy. They earn big bucks but in reality they are slaves.
@loretagurakuqi6950
@loretagurakuqi6950 2 жыл бұрын
From my research, Institutional investors (banks and hedge funds with a lot of money) use cryptomarket as a variant to diversify their assets. The investment in coins is considered as a more secure investment in the period of volatility of bond markets and gold.
@troynitka5533
@troynitka5533 2 жыл бұрын
Greatly well said; Wondering if viewers here are familiar with MELISA PAMELA PEREZ trading strategy..?
@Benjaminmac
@Benjaminmac 2 жыл бұрын
Having monitored my portfolio performance which has made a jaw dropping $370k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market.
@lindaabdrazak8159
@lindaabdrazak8159 2 жыл бұрын
I’ve got some savings doing absolutely nothing in my bank and I’ll get something started with it. You seem to be doing excellent for yourself, how do you achieve this?
@loretagurakuqi6950
@loretagurakuqi6950 2 жыл бұрын
@@lindaabdrazak8159 Don’t wait until the market skyrocket again then you start biting your fingers wishing you made the decision to invest. bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.
@danieljeronimo940
@danieljeronimo940 2 жыл бұрын
@André Correa For real you gain real funds up to that amount within 60 days period that's amazing, I tried as a beginner but I got drowned in it. Please enlighten how I can benefit as well Do you trade on your own?
@kentrader2489
@kentrader2489 2 жыл бұрын
Thanks for these videos they’re changing my life
@debadattagiri9483
@debadattagiri9483 2 жыл бұрын
I have started my career as Investment Banking- Post Settlement in Accenture. It is really inspirational.
@crockett616
@crockett616 3 жыл бұрын
Thats absolutely insane. There is no way those kinds of hours are good for efficiency, you are just not going to be sharp and alert working these kinds of hours. Maybe for working on powerpoints and taking notes and so on it matters a bit less but then if you have to do stuff that requires more thinking no way is this good for it. I guess you can do that for a few months to give a good impression but then I also guess if you get hired as analyst its going to be pretty much more of the same? Would never be my thing no matter how much the job pays. But I understand that it may be an enjoyable challenge to others. Would have been nice to near what you thought of this all...
@SlowKlone
@SlowKlone 3 жыл бұрын
man I'd love to work at wall street but 16 hour workdays is unacceptable,
@willberry6434
@willberry6434 3 жыл бұрын
16 hour work days should 100% be illegal
@dastorm15
@dastorm15 2 жыл бұрын
Here NYC finishing my associate now two semesters left and just locked down a internship at BoA tower for the global risk managment team. Can't wait to network and learn from the inside
@ChristopherAbelman
@ChristopherAbelman Ай бұрын
The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.
@bartlyAD
@bartlyAD Ай бұрын
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
@FinnBraylon
@FinnBraylon Ай бұрын
I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured some money in value stocks and digital asset, i accrued over $80K in dividends last year
@HildaBennet
@HildaBennet Ай бұрын
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?
@FinnBraylon
@FinnBraylon Ай бұрын
Her name is “Rebecca Noblett Roberts” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
@HildaBennet
@HildaBennet Ай бұрын
I just checked her out and I have sent her an email. I hope she gets back to me soon.
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