Careers for Business Students (and what they pay)

[@KenjiExplains]

Learn Excel for Business & Finance: www.careerprinciples.com/courses/excel-for-business-finance

[@melvin7098]

pls make a video on corporate controller

[@Viktor9502]

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.

[@hampshire2821]

Forgive my ignorance, but what is the difference between commercial and retail banking? What makes commercial so good?

[@Viktor9502]

@@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..

[@joshua4226]

@@Viktor9502 thanks for the informative comment

[@raphaellechat2339]

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

[@Viktor9502]

@@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.

[@vincenzofida7327]

One of the most interesting and useful video i've ever seen, thank you so much! Big up

[@KenjiExplains]

Happy to hear that!

[@conorrichard9829]

Very nice overview! I think product management is an important option which pays around $110-140k with a pretty good work life balance.

[@KenjiExplains]

Thanks for the input!

[@Leven727]

how did you get in that?

[@conorrichard9829]

@@Leven727 I think internships and studying a mix of business and tech are good ways to get into product management full time.

[@milano1305]

What does a product management do? And where do they work?

[@PrashantKhanolkarUSA]

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.

[@TheGalo97]

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

[@KenjiExplains]

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 👍

[@asadm7492]

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 :)

[@kevinchin7952]

to be fair IB can go up to 100 hours easily.

[@rogerigez21]

Literally just rejected my audit big 4 role for this reason

[@hiteshbhatia3218]

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

[@KenjiExplains]

Thank you 🙏

[@silviacosta5159]

Amazing video!! Well explained and concise, definitely helpful, thanks Kenji!

[@nathanbres6055]

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

[@KenjiExplains]

Really appreciate the comment Nathan! All the best 🙌

[@gazza2232]

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.

[@KenjiExplains]

Thank you! Best of luck in the field you decide 👊

[@tex8543]

im in nz too!!

[@Drum8888]

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.

[@jamesspeakman128]

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-hb1sh]

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.

[@KenjiExplains]

Thank you! Yeah that’s a good point 🙌

[@yeonjookim2436]

another great video! I would love to hear more about your view on career options in big tech as business students!

[@KenjiExplains]

Sounds good will keep it in mind! 👊

[@nathanbrunk9243]

@@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.

[@camlex6310]

Really interesting! There's so many different options

[@KenjiExplains]

Thank you!

[@adequatequality]

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.

[@vvalk2vvalk]

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.

[@KenjiExplains]

Great point!

[@johnsuperhist5219]

What's the job like?

[@tristenperez1904]

Consulting at big 4 vs accounting makes a big difference in terms of salary and hours.

[@KL-yu6om]

Would love to hear about your experience so far at Amazon. Currently deciding between Investment Banking & corporate roles.

[@bucktedeal452]

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

[@KenjiExplains]

Thanks for sharing your insights!

[@theentrepreneur607]

How did you start?

[@azen036]

You have the Penguin Classics Clothbound collection behind you!! awesome!

[@armaannahata6006]

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?

[@KenjiExplains]

I’ll keep that in mind thanks!

[@peterlowry6990]

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.

[@saachikanchan6276]

Sorry I don't know much about it, what's the difference between a doc's pay in UK vs US?

[@peterlowry6990]

@@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.

[@maksymriabov1356]

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

[@saachikanchan6276]

@@maksymriabov1356 then again the living expenses there would also be high so.. i guess it's fair enough

[@maksymriabov1356]

@@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.

[@exxeldesignz7828]

Thanks so much for the video..you just helped me narrow down my career path

[@KenjiExplains]

Glad it was helpful :)

[@walteruwe9771]

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

[@bartoszdobroslaw9774]

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.

[@walteruwe9771]

@maria sandra What is the name of your broker and how do i connect with him or her ?

[@bartoszdobroslaw9774]

@@walteruwe9771 Tamara diane hagan, lookup with her name online.

[@walteruwe9771]

@@bartoszdobroslaw9774 Wow that was easy, I found her website and left a message for her. I hope she replies to me. thanks.

[@FriteFamily]

Great vid thanks a ton ! If you wanna try to go more in depth with big tech vids would be great aha

[@KenjiExplains]

Thanks! Will keep it in mind for sure!

[@stevenhansen425]

You should’ve emphasized the importance of the CPA certification for future career growth.

[@floydpink9055]

Very impressive, learn a lot from the video!

[@pietrofornari577]

Another nice video 👍 your channel will skyrocket! Keep it on!

[@KenjiExplains]

Appreciate it Pietro good to hear from you man! Let’s catch up soon

[@tristanchiu6944]

lets go big tech!! your numbers are very accurate.

[@KenjiExplains]

Thank you!

[@AmsterdamEats]

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.

[@KenjiExplains]

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.

[@tex8543]

great vid. def make more career/college major videos.

[@mohitmundada8837]

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.

[@KenjiExplains]

Appreciate it, will keep it in mind! I touch on it slightly in my Q&A video FYI

[@az209]

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 :)

[@mendybekhor8827]

A very informative video! Thank You!

[@KenjiExplains]

Glad it was helpful! Thanks for dropping the comment, means a lot :)

[@kanishksharma3158]

Hey Kenji, great explainantion brother Can youi make a detail overview video on financial planning and the career path

[@valentinabignami4289]

Your videos are great. Well made, organized, clear. Great work!

[@KenjiExplains]

Appreciate it!

[@AtlantaSpanish]

Subscribed. Very concise.

[@timodalaigh5116]

Good video! Thank you!

[@ShivamSingh-nt8tw]

Hey Kenji! Loved the video! Love from India :)

[@keenheat3335]

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.

[@lnternationalembassyreport2696]

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...~√

[@drchtct]

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

[@munkeescrotum]

You should probably talk about exit strategies per field

[@inbracedefeat]

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.

[@KenjiExplains]

Good point! Video was made prior to that so thanks for commenting

[@normalhuman9781]

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

[@KenjiExplains]

noted thanks for the suggestion! About the banking careers, I have some videos on that here: kzbin.info/www/bejne/lZXSmGeDr5qipLc

[@chalitapinpa1195]

*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-nw9qy]

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.

[@maryjohnson1568]

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.

[@georgesmith9461]

Although I don't manage or make my investment myself Lol, I let an expert do all the analysis and calculation.

[@mackrobert4118]

You don't need someone to tell you how to invest your coins, you can also make researches and try doing it yourself.

[@claryzac1213]

I thought of Investing in forex last two years but I was discouraged by my friends, is it wise investing in it now?

[@rajeevnayan4472]

will be starting college with an econ/business admin major (haven't decided yet) ,super helpful,

[@KenjiExplains]

Glad it helped!

[@eddiebarton7217]

31 an hour is horrible lol

[@PrashantSingh-ls1vw]

Great video please do more videos on investment banking

[@lnternationalembassyreport2696]

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...~√

[@mereihatanaka241]

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 😵‍💫

[@oueslatimoez7112]

Hey Kenji, amazing video like always ! Can you make a video about scholarship opportunities for international students ? Thank you so much !

[@KenjiExplains]

Thank you! I'll keep it in mind but can't promise anything as it's quite a person-specific topic

[@shaznewa752]

This was worth my time.

[@noahsalvo]

Bro does not like the idea of taking risks💀

[@robertssalenieks8017]

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.

[@KenjiExplains]

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.

[@nycto16]

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]

I love this mans voice

[@ChasingMyLiberty]

I have seen a check stub for an accountant in a Big 4 during the Fall season with 93 hours for the week.

[@yizhenmao1052]

well said

[@martinmurebu3077]

Thanks done well

[@user-kk1ef9eg6h]

"... To start it(Entrepreneurship) you don't really need anything"?

[@andrea-hy8px]

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!!!

[@KenjiExplains]

Thank you! Honestly I don't know much about financial advisors sorry

[@Veeti1245]

You cant seriously say that you know the best possible jobs for business students

[@vincentrenger9114]

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.

[@christnyr25]

Accountants deserve way more money

[@Oxymera]

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.

[@onemessi1783]

@@Oxymera and is your aunt working at a big 4 firm?

[@Oxymera]

@@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

[@aaronparajon363]

can you please do one for marketing and advertising please, it'll be very helpful

[@KenjiExplains]

Noted, thanks for the suggestion!

[@Alex419]

Can you make a video about Big tech? Like the video about goldman sachs

[@KenjiExplains]

Will keep that in mind!

[@moveyobodytoday]

nice!

[@KenjiExplains]

Cheer mate!

[@flintsviews]

It would be good to say if a master’s degree is required. Or any certifications needed?

[@Yesandno2024]

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]

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]

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]

That is his mail above

[@Ahmad-b9q5x]

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]

@@Carlosvalenquez I just sent a message, thanks

[@finny_]

I will give Stocks investing a try, need to multiply my income

[@nini2972]

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

[@bfg3890]

Management consultants… because the management team who’s salary you pay don’t know what they’re doing.

[@Rambo291297]

Great video, how did you manage to work all kinds of jobs but still look like you're very young yourself

[@KenjiExplains]

Haha I’m 23 so some were internships some full time

[@salan1689]

What about Thinge like M&A or Financial adivisory/Services at non Investment Banks?

[@Poeschel22]

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

[@BBIShruthie]

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?

[@KenjiExplains]

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

[@nikg6305]

You worked at PWC, Amazon, and Goldman Sachs????? HOWWWWW

[@luxushauseragency]

Where would you like to be in 5 years time Kenji? Please "Explain."

[@mannanmorvi1806]

Hi Kenji, if I have a business as well as a law degree, what all career options are there?

[@kelvynbinney-ry4yn]

Please am in African ( Ghana) please is it possible for me to work in Europe as Management consultant ?

[@FVogt]

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

[@KenjiExplains]

Noted thank you!

[@jameshusentoff2953]

Trying to break into it from being in audit at big4

[@shiwanishekhar2850]

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?

[@nycto16]

Every industry hires every type of business graduates. Everyone needs managers so you can go in any industry including tech with BBA/MBA Finance.

[@aaronchiao1990]

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

[@KenjiExplains]

Video was made before the change :)

[@aaronchiao1990]

@@KenjiExplains gotcha

[@jobejose5482]

mate do u know how much financial analyst/advisor gets paid and their bonus. cheers

[@khanskingdom8275]

could you go over corporate banking?

[@AL-zb5sm]

how do you break into corporate roles tho?

[@davontawilliams3958]

Doesn’t finance investment banking give you stock too ?

[@oskar5634]

I get 35 dollars/hour from being a substitute teacher in scandinavia...

[@Dernoobzusreal]

Wow.. So you make $6160 monthly? Are salaries so high in Sweden?

[@jameshusentoff2953]

How did you go from audit to IB to amazon?

[@miyamoto_ea452]

Where would you put Tax consulting?

[@joshualam5646]

mbb base just got bumped to 100k

[@spicyshizz2850]

Maybe these salaries are based on 40hr weeks

[@huynhha4306]

Have ever you come to Vietnam guy?

[@ensv2260]

would u say that diplomacy is a thing to do after consulting? or not really?

[@KenjiExplains]

Hey I don't know to be honest...I'm not acquainted with diplomacy sorry.

[@Brian-xb7qv]

31 to 35/hr with a degree is laughable lmao

[@Brian-xb7qv]

I make way more and don't even have a BS degree.

[@mirbekov6677]

@@Brian-xb7qvwhat do you do?

[@firstnamesurname7355]

Do you edit your videos on your own?

[@081praveenrajr4]

Sir what are all the " Technical skills " Required for IB ...For college student what are all the courses you will prefer????

[@KenjiExplains]

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

[@081praveenrajr4]

@@KenjiExplains Sir does " Investment banking " recruting course " in udemy was really helpfull ?? In this they will say any Certificate kind of stuffs???

[@hello40169]

More like a target school than technical skills.

[@081praveenrajr4]

@@hello40169 yeah dude i understood, but technical skills will play major role in interview right ...

[@chdanish6568]

What about Business Analytics?

[@KenjiExplains]

Good point, I'll keep it in mind for future videos!

[@anubhavdatta2363]

Marketing where

[@abdullahansari6670]

Bro you look like druv rathi

[@SuperBigshot99]

For that just become a nurse yall make more