Learn Excel for Business & Finance: www.careerprinciples.com/courses/excel-for-business-finance
@melvin70982 жыл бұрын
pls make a video on corporate controller
@Viktor95023 жыл бұрын
Another good field is commercial banking. Very lucrative and the work life balance is excellent. Starting pay is about 70k with a 10-15% bonus. 3 years later you’ll be at low to mid 100’s all in. As you move up you’ll easily clear 200-400k.
@hampshire28212 жыл бұрын
Forgive my ignorance, but what is the difference between commercial and retail banking? What makes commercial so good?
@Viktor95022 жыл бұрын
@@hampshire2821 commercial/corporate banking deals with large companies, it’s essentially banking for businesses (loans and financing). Retail banking is for the common individual for like checking, savings, cds etc..
@joshua42262 жыл бұрын
@@Viktor9502 thanks for the informative comment
@raphaellechat23392 жыл бұрын
i live in belgium and studying economics atm; i speak english,ducth,frenc and spanish. is it easy to het into commercial banking ? and if so what city's are optimal to go work in for this industry
@Viktor95022 жыл бұрын
@@raphaellechat2339 it’s not as hard as getting into investment banking, but it’s still hard. All jobs are hard to get! It’s easier if you know someone on the inside. Best place to work in CB is probably Charlotte NC, USA. They pay really well and cost of living is cheap.
@vincenzofida73273 жыл бұрын
One of the most interesting and useful video i've ever seen, thank you so much! Big up
@KenjiExplains3 жыл бұрын
Happy to hear that!
@conorrichard98292 жыл бұрын
Very nice overview! I think product management is an important option which pays around $110-140k with a pretty good work life balance.
@KenjiExplains2 жыл бұрын
Thanks for the input!
@Leven7272 жыл бұрын
how did you get in that?
@conorrichard98292 жыл бұрын
@@Leven727 I think internships and studying a mix of business and tech are good ways to get into product management full time.
@milano1305 Жыл бұрын
What does a product management do? And where do they work?
@PrashantKhanolkarUSA2 жыл бұрын
Thank you for such an informative video. I am a business major myself and it’s good to see so many opportunities in my future field. Your personal resume is fantastic, and I will definitely follow your channel more often.
@TheGalo973 жыл бұрын
Hi Kenji, great video although I disagree with the estimated working hours and thus work/life balance for accounting jobs. I think they tend to work many more hours, based on some of my friends’ experience as interns/junior auditors at Deloitte/EY
@KenjiExplains3 жыл бұрын
That’s interesting 9-7 was the average for me / those I spoke with but thanks for dropping the comment for others to see may be wrong 👍
@asadm74923 жыл бұрын
During busy season, Big 4 auditors def are working 75 hour weeks. But during off-season (i.e. summer) we works are closer to 40 hours. Just what I see at my time at KPMG :)
@kevinchin79522 жыл бұрын
to be fair IB can go up to 100 hours easily.
@rogerigez212 жыл бұрын
Literally just rejected my audit big 4 role for this reason
@hiteshbhatia32182 жыл бұрын
Friend, Thank you for your input on these career options. Helps in choosing which industry and career you want to do. Doing a wonderful job!! Keep making such amazing content. Good luck
@KenjiExplains2 жыл бұрын
Thank you 🙏
@silviacosta51594 ай бұрын
Amazing video!! Well explained and concise, definitely helpful, thanks Kenji!
@nathanbres60553 жыл бұрын
Hey Kenji, nice video with great details and explanations. Your other videos are just as well explained and interesting. Keep up the good work! Cheers from France
@KenjiExplains3 жыл бұрын
Really appreciate the comment Nathan! All the best 🙌
@gazza22323 жыл бұрын
Great vid kenji. Appreciate it. I'm a few years behind you (2nd year) based in New Zealand but looking at all those fields. Thanks for a realistic breakdown.
@KenjiExplains3 жыл бұрын
Thank you! Best of luck in the field you decide 👊
@tex85433 жыл бұрын
im in nz too!!
@Drum88882 жыл бұрын
I would have probably rated Entrepreneurship a bit differently, Hours 1 Star yes, Early Salary is low as you build your business but if you do manage to succeed it will be much higher than all the others. Difficulty I would have rated at 5 stars since most startups fail within their first year and you have to work your ass off basically the entire time.
@jamesspeakman1282 жыл бұрын
I think the difficulty tag was in regards to how difficult the job is to land - starting your own business requires no application process and therefore has a low difficulty rating on this scale :)
@marek-hb1sh3 жыл бұрын
Very good overview! Would be interesting to see how this salaries develop over the years. I believe that the pay in Accounting is pretty low because you don’t have completed the Accounting exams.
@KenjiExplains3 жыл бұрын
Thank you! Yeah that’s a good point 🙌
@yeonjookim24363 жыл бұрын
another great video! I would love to hear more about your view on career options in big tech as business students!
@KenjiExplains3 жыл бұрын
Sounds good will keep it in mind! 👊
@nathanbrunk92432 жыл бұрын
@@KenjiExplains I'd also love to see that video. Consulting and banking have been extremely well covered on KZbin (discussed to death, in my opinion), but tech is much more opaque. Personally, it would be super helpful to get more insight into opportunities in that field, and I think lots of other students would benefit too.
@camlex63103 жыл бұрын
Really interesting! There's so many different options
@KenjiExplains3 жыл бұрын
Thank you!
@adequatequality2 жыл бұрын
Thank you for giving a realistic take on entrepreneurship. More young people need to be explained the hustle and difficulty of making good money while running your own business.
@vvalk2vvalk3 жыл бұрын
I would like to add Business Analytics. It may not be looked as business area so much, but I very much think so and a lot of business school provide it. Business Analytics internship in FAANG is around 5k e/month pre-tax in Europe. That would be prorated 60k euro a year or 70-80k usd a year.
@KenjiExplains3 жыл бұрын
Great point!
@johnsuperhist52192 жыл бұрын
What's the job like?
@tristenperez19042 жыл бұрын
Consulting at big 4 vs accounting makes a big difference in terms of salary and hours.
@KL-yu6om3 жыл бұрын
Would love to hear about your experience so far at Amazon. Currently deciding between Investment Banking & corporate roles.
@bucktedeal4522 жыл бұрын
Sales within big tech (or Bay Area companies) makes more than all of these. I work with many Account executives at a company out of San Mateo with many pulling in $225k +. And that's after 3 YEARS of experience from starting in sales development, Which requires absolutely no post-undergraduate education, exams, certifications, or any of that additional crap
@KenjiExplains2 жыл бұрын
Thanks for sharing your insights!
@theentrepreneur6072 жыл бұрын
How did you start?
@azen0362 жыл бұрын
You have the Penguin Classics Clothbound collection behind you!! awesome!
@armaannahata60063 жыл бұрын
Hey Kenji I love your videos. I had a request for you. Can you make a video about how you managed to get a job in a big tech company as well as explaining the concept of big tech further?
@KenjiExplains3 жыл бұрын
I’ll keep that in mind thanks!
@peterlowry69902 жыл бұрын
As a Londoner, my immediate thought is, wow that's a lot of money!! I work in media, and I'm well aware of the differences between my own industry, and the finance sector across the Thames, but I'd be so interested to know how the UK and US compare in terms of pay. The difference won't be as astronomical as it is for Doctors, but I imagine that it's still huge.
@saachikanchan62762 жыл бұрын
Sorry I don't know much about it, what's the difference between a doc's pay in UK vs US?
@peterlowry69902 жыл бұрын
@@saachikanchan6276 I'm not in Medicine, but for a qualified Doctor in their first 10 years, in the US the pay is likely to be 2-4x what a UK Doctor earns. I think Consultants in the UK start at around $100k, whereas US consultants earn 4x that. Its pretty much because the UK health service is state run.
@maksymriabov13562 жыл бұрын
Here ukrainian people watch at your salary, and wow, that's a lot of money! You get like 7-10 times more then we do. Hooray!!! How great it feels to be poor
@saachikanchan62762 жыл бұрын
@@maksymriabov1356 then again the living expenses there would also be high so.. i guess it's fair enough
@maksymriabov13562 жыл бұрын
@@saachikanchan6276 not really. If, for example, they save 20% of their income, for us it is 60€, for them it is 500€ And they can buy a computer for like 2 months, and I have to waste a year of my life doing so.
@exxeldesignz78283 жыл бұрын
Thanks so much for the video..you just helped me narrow down my career path
@KenjiExplains3 жыл бұрын
Glad it was helpful :)
@walteruwe97712 жыл бұрын
I watch several KZbin videos on how to trade in the stock market but haven't made any headstart because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands
@bartoszdobroslaw97742 жыл бұрын
Hello Uwe, i'll advised to trade with the signal of an expert. it's more safe and profitable, i have made over $437k within 3 months investing with the signal of a reliable broker.
@walteruwe97712 жыл бұрын
@maria sandra What is the name of your broker and how do i connect with him or her ?
@bartoszdobroslaw97742 жыл бұрын
@@walteruwe9771 Tamara diane hagan, lookup with her name online.
@walteruwe97712 жыл бұрын
@@bartoszdobroslaw9774 Wow that was easy, I found her website and left a message for her. I hope she replies to me. thanks.
@FriteFamily3 жыл бұрын
Great vid thanks a ton ! If you wanna try to go more in depth with big tech vids would be great aha
@KenjiExplains3 жыл бұрын
Thanks! Will keep it in mind for sure!
@stevenhansen4252 жыл бұрын
You should’ve emphasized the importance of the CPA certification for future career growth.
@floydpink9055 Жыл бұрын
Very impressive, learn a lot from the video!
@pietrofornari5773 жыл бұрын
Another nice video 👍 your channel will skyrocket! Keep it on!
@KenjiExplains3 жыл бұрын
Appreciate it Pietro good to hear from you man! Let’s catch up soon
@tristanchiu69443 жыл бұрын
lets go big tech!! your numbers are very accurate.
@KenjiExplains3 жыл бұрын
Thank you!
@AmsterdamEats2 жыл бұрын
You seem to see things very binary, either working at a Giant Corp or start a risky tech startup yourself. There are shades in between those. To name a few: - Work at a small/middle size company. - Start a less sexy business that isn't as risky as a tech startup. - Buy and take over an existing business.
@KenjiExplains2 жыл бұрын
I picked 5 popular paths for business students... To your points, how can I break down how much a career at a small or middle sized company will get in salary, the work hours or the skills for the role? It's just too generic. All startups are risky...even restaurants fail more than they succeed in the medium run. As for buying and taking over an existing business, what kind of a career for business students is that? That's not a career path and it's not realistic students can buy a business.
@tex85433 жыл бұрын
great vid. def make more career/college major videos.
@mohitmundada88373 жыл бұрын
Hi Kenji, your videos are very informative and to the point. Could you please make a video on what kind of career opportunities are available in Private Equity firms.
@KenjiExplains3 жыл бұрын
Appreciate it, will keep it in mind! I touch on it slightly in my Q&A video FYI
@az2092 жыл бұрын
Hey all, I think a lot of people are looking to break into big tech. I'm a recent grad with no business background, but it's something I'm super interested in too! Would love to see more resources/videos if Kenji or anyone else can point me in the right direction :)
@mendybekhor88273 жыл бұрын
A very informative video! Thank You!
@KenjiExplains3 жыл бұрын
Glad it was helpful! Thanks for dropping the comment, means a lot :)
@kanishksharma31582 жыл бұрын
Hey Kenji, great explainantion brother Can youi make a detail overview video on financial planning and the career path
@valentinabignami42893 жыл бұрын
Your videos are great. Well made, organized, clear. Great work!
@KenjiExplains3 жыл бұрын
Appreciate it!
@AtlantaSpanish Жыл бұрын
Subscribed. Very concise.
@timodalaigh5116 Жыл бұрын
Good video! Thank you!
@ShivamSingh-nt8tw2 жыл бұрын
Hey Kenji! Loved the video! Love from India :)
@keenheat33353 жыл бұрын
accounting is one of these weird area, that I would of thought be completely automated in a program already a long time ago. Unless some how the account rule change every single year or something.
@lnternationalembassyreport26963 жыл бұрын
Appreciate for your feedback!! Thanks for watching for more info....... W•H•A•T•S•A•P•P M•E.. +•1•4•2•4•2•5•0•8•8•2•5...~√
@drchtct2 жыл бұрын
I think you should have taken normal business roles in big start-ups instead of entrepreneurship, it's a very attractive and common field for graduates
@munkeescrotum2 жыл бұрын
You should probably talk about exit strategies per field
@inbracedefeat2 жыл бұрын
Just a heads up: IB has increased their base salary to 90 at all the BB and 95k+ for all of the EB. I just got an offer from a lower MM shop which has 90 base. 85 is below street now.
@KenjiExplains2 жыл бұрын
Good point! Video was made prior to that so thanks for commenting
@normalhuman97812 жыл бұрын
Hey Kenji, awesome video man. Could you perhaps make one on career progression in these different industries? How the salaries increase, responsibilities and work hours over time? Also if you could go into more industries such as corporate or commercial banking? Thanks. Loving your content by the way
@KenjiExplains2 жыл бұрын
noted thanks for the suggestion! About the banking careers, I have some videos on that here: kzbin.info/www/bejne/lZXSmGeDr5qipLc
@chalitapinpa11953 жыл бұрын
*Investing make up the top notch hemisphere of wealth.That's the more reason one should save and invest to secure more profit and ensure success.*
@David-nw9qy3 жыл бұрын
For me investment like stock and forex has become very profitable and good option to securing a better financial life, that's where I belong and survive from.
@maryjohnson15683 жыл бұрын
Exactly many top dogs out there do it, I mean that's why they are at the "TOP, I really think everyone looking to get some financial security should make forex and bitcoin investment.
@georgesmith94613 жыл бұрын
Although I don't manage or make my investment myself Lol, I let an expert do all the analysis and calculation.
@mackrobert41183 жыл бұрын
You don't need someone to tell you how to invest your coins, you can also make researches and try doing it yourself.
@claryzac12133 жыл бұрын
I thought of Investing in forex last two years but I was discouraged by my friends, is it wise investing in it now?
@rajeevnayan44723 жыл бұрын
will be starting college with an econ/business admin major (haven't decided yet) ,super helpful,
@KenjiExplains3 жыл бұрын
Glad it helped!
@eddiebarton72172 жыл бұрын
31 an hour is horrible lol
@PrashantSingh-ls1vw3 жыл бұрын
Great video please do more videos on investment banking
@lnternationalembassyreport26963 жыл бұрын
Appreciate for your feedback!! Thanks for watching for more info....... W•H•A•T•S•A•P•P M•E.. +•1•4•2•4•2•5•0•8•8•2•5...~√
@mereihatanaka2413 жыл бұрын
Financial Services job market in Japan is getting competitive already unfortunately. Top FS companies are now prioritizing bilingual professionals and the aging population is not also helping so well too. Thanks also for the investment banking career path resource. I always get lost recently with the terms and how much wide the scope is of IB 😵💫
@oueslatimoez71123 жыл бұрын
Hey Kenji, amazing video like always ! Can you make a video about scholarship opportunities for international students ? Thank you so much !
@KenjiExplains3 жыл бұрын
Thank you! I'll keep it in mind but can't promise anything as it's quite a person-specific topic
@shaznewa752 Жыл бұрын
This was worth my time.
@noahsalvo2 ай бұрын
Bro does not like the idea of taking risks💀
@robertssalenieks80173 жыл бұрын
Hey there, love the videos. I was wondering whether you could make a video on further development a finance student can have after graduation? Thanks for the great content.
@KenjiExplains3 жыл бұрын
Hey thanks for the suggestion will keep it in mind! For now I'd say studying towards the CFA (chartered financial analyst) is quite common.
@nycto162 жыл бұрын
You are wrong at big tech. Business majors are available related to tech like MIS, IT management, Business Analytics so you can major in those and become both programmer and manager.
@rp8974 Жыл бұрын
I love this mans voice
@ChasingMyLiberty Жыл бұрын
I have seen a check stub for an accountant in a Big 4 during the Fall season with 93 hours for the week.
@yizhenmao10522 жыл бұрын
well said
@martinmurebu3077 Жыл бұрын
Thanks done well
@user-kk1ef9eg6h Жыл бұрын
"... To start it(Entrepreneurship) you don't really need anything"?
@andrea-hy8px3 жыл бұрын
Great video Kenji! I’m an economics student in Italy and Financial Advisor for an independent firm. What do you think about trying to be a financial advisor in US with a background in Italy? Keep going!!!
@KenjiExplains3 жыл бұрын
Thank you! Honestly I don't know much about financial advisors sorry
@Veeti1245 Жыл бұрын
You cant seriously say that you know the best possible jobs for business students
@vincentrenger91142 жыл бұрын
Difficulty 1 * for Entrepreneurship ? I think you got that totally wrong.. It is not just going out and doing it. You got to have an idea, work hard on that idea, inform yourself on so many different topics (laws, regulations, paperwork, accounting, marketing, personell, tax, and so on and so on.) Don't think this is easy at all.
@christnyr253 жыл бұрын
Accountants deserve way more money
@Oxymera3 жыл бұрын
He showed salary for an accountant with less than 3 years experience at a Big 4 firm. Big 4 firms pay less than other firms. My aunt makes 350k and she was an accountant, now she is the Director of Accounting/Controller.
@onemessi17832 жыл бұрын
@@Oxymera and is your aunt working at a big 4 firm?
@Oxymera2 жыл бұрын
@@onemessi1783 No, she works for a F100 company and oversees the accounting processes. She worked at big 4 for 3 years though back in the early 2000s
@aaronparajon3633 жыл бұрын
can you please do one for marketing and advertising please, it'll be very helpful
@KenjiExplains3 жыл бұрын
Noted, thanks for the suggestion!
@Alex4193 жыл бұрын
Can you make a video about Big tech? Like the video about goldman sachs
@KenjiExplains3 жыл бұрын
Will keep that in mind!
@moveyobodytoday3 жыл бұрын
nice!
@KenjiExplains3 жыл бұрын
Cheer mate!
@flintsviews Жыл бұрын
It would be good to say if a master’s degree is required. Or any certifications needed?
@Yesandno20242 жыл бұрын
I’m a psych major planning on going to grad school for psych. Do u have any tips on what path I should take thinking about getting into industrial psych
@Carlosvalenquez Жыл бұрын
The 10k I put into stocks made me over £90 k in months from buying ETFs and startup company’s Stocks and day trading over some months, I was able to generate good ROi monthly after tax most thanks that my portfolio is managed by one of the best fiduciary sir Arlo Eric and ever since it’s been a great source of income for short and long term.
@Thyago2420 Жыл бұрын
Wow, that's great How does he trade for you, can you introduce me to him please, and his much is best to invest
@Carlosvalenquez Жыл бұрын
That is his mail above
@Ahmad-b9q5x Жыл бұрын
Even if you have humongous income, you still need to draw up futuristic plans because anything can happen, one can loose one’s job or whatever Investment cannot be overemphasized
@Thyago2420 Жыл бұрын
@@Carlosvalenquez I just sent a message, thanks
@finny_ Жыл бұрын
I will give Stocks investing a try, need to multiply my income
@nini29722 жыл бұрын
high paying ones in UK are 40-55k max AFTER years of experience and before taxes idc what anyone says uk salaries are stingy as fuck and a joke
@bfg38902 жыл бұрын
Management consultants… because the management team who’s salary you pay don’t know what they’re doing.
@Rambo2912972 жыл бұрын
Great video, how did you manage to work all kinds of jobs but still look like you're very young yourself
@KenjiExplains2 жыл бұрын
Haha I’m 23 so some were internships some full time
@salan16893 жыл бұрын
What about Thinge like M&A or Financial adivisory/Services at non Investment Banks?
@Poeschel222 жыл бұрын
thats funny...i get paid 46 chf per hour as a primary teacher in swizerland, working 36 hours a week. those guys are clearly doing something completly wrong
@BBIShruthie3 жыл бұрын
Hey Kenji, just a question. I don't come from a tier 1 college. Does that affect my career path in IB or management consulting?
@KenjiExplains3 жыл бұрын
Hi there yeah usually it makes it harder for you to get these jobs as the companies prioritize recruiting in tier 1 universities. It’s still very much possible to get in though but you might have to network more
@nikg63052 жыл бұрын
You worked at PWC, Amazon, and Goldman Sachs????? HOWWWWW
@luxushauseragency3 жыл бұрын
Where would you like to be in 5 years time Kenji? Please "Explain."
@mannanmorvi18062 жыл бұрын
Hi Kenji, if I have a business as well as a law degree, what all career options are there?
@kelvynbinney-ry4yn Жыл бұрын
Please am in African ( Ghana) please is it possible for me to work in Europe as Management consultant ?
@FVogt3 жыл бұрын
Maybe take Asset Management into consideration. I have friends in the industry and it’s honestly the best I’ve seen in terms of wlb, pay and interesting, divers tasks
@KenjiExplains3 жыл бұрын
Noted thank you!
@jameshusentoff29532 жыл бұрын
Trying to break into it from being in audit at big4
@shiwanishekhar28503 жыл бұрын
Hey Kenji, What kind of roles one gets into corporate finance section after MBA? And do the tech firms and IBs both recruit MBAs for Corporate Finance roles?
@nycto162 жыл бұрын
Every industry hires every type of business graduates. Everyone needs managers so you can go in any industry including tech with BBA/MBA Finance.
@aaronchiao19902 жыл бұрын
I thought investment banking first year baseball adjusted to 100k, there was a news about it, bulge investment banking have been fighting for new bankers
@KenjiExplains2 жыл бұрын
Video was made before the change :)
@aaronchiao19902 жыл бұрын
@@KenjiExplains gotcha
@jobejose54822 жыл бұрын
mate do u know how much financial analyst/advisor gets paid and their bonus. cheers
@khanskingdom82753 жыл бұрын
could you go over corporate banking?
@AL-zb5sm2 жыл бұрын
how do you break into corporate roles tho?
@davontawilliams39582 жыл бұрын
Doesn’t finance investment banking give you stock too ?
@oskar56342 жыл бұрын
I get 35 dollars/hour from being a substitute teacher in scandinavia...
@Dernoobzusreal Жыл бұрын
Wow.. So you make $6160 monthly? Are salaries so high in Sweden?
@jameshusentoff29532 жыл бұрын
How did you go from audit to IB to amazon?
@miyamoto_ea4522 жыл бұрын
Where would you put Tax consulting?
@joshualam56462 жыл бұрын
mbb base just got bumped to 100k
@spicyshizz28502 жыл бұрын
Maybe these salaries are based on 40hr weeks
@huynhha43063 ай бұрын
Have ever you come to Vietnam guy?
@ensv22603 жыл бұрын
would u say that diplomacy is a thing to do after consulting? or not really?
@KenjiExplains3 жыл бұрын
Hey I don't know to be honest...I'm not acquainted with diplomacy sorry.
@Brian-xb7qv Жыл бұрын
31 to 35/hr with a degree is laughable lmao
@Brian-xb7qv Жыл бұрын
I make way more and don't even have a BS degree.
@mirbekov66772 ай бұрын
@@Brian-xb7qvwhat do you do?
@firstnamesurname7355 Жыл бұрын
Do you edit your videos on your own?
@081praveenrajr43 жыл бұрын
Sir what are all the " Technical skills " Required for IB ...For college student what are all the courses you will prefer????
@KenjiExplains3 жыл бұрын
Hi there among the most relevant courses are financial accounting, corporate finance and financial modeling. But check out the guide I attached in the description for more details
@081praveenrajr43 жыл бұрын
@@KenjiExplains Sir does " Investment banking " recruting course " in udemy was really helpfull ?? In this they will say any Certificate kind of stuffs???
@hello401693 жыл бұрын
More like a target school than technical skills.
@081praveenrajr43 жыл бұрын
@@hello40169 yeah dude i understood, but technical skills will play major role in interview right ...
@chdanish65683 жыл бұрын
What about Business Analytics?
@KenjiExplains3 жыл бұрын
Good point, I'll keep it in mind for future videos!