SHOCKING: Investment Banks Prefer THIS Degree during MBA Placements | CA vs CFA

📕 Get the Formula Book: rb.gy/7744vn Access my GDPI (MBA interview) prep course: shwetaarora.in Join my MBA interview course (Rs 999):

[@Shweta-Arora]

How to get Investment Banking Backoffice Role: kzbin.info/www/bejne/g2KZpmuPfM9mj9E

[@Btslovekpop]

Hii kya bsc vale CFA Kar sakta h kya or koi best coching btao CFA KE LIY madam🙏

[@jashagarwal8277]

Di, my bhaiya has cleared CA in first attempt and CFA level 2, still he says that Engineers are given more preference, even during selection in IIM Ahmedabad, Why is it so?

[@iamgouravmishra.mba08]

Yaa please make a video on back office roles :-)

[@Shweta-Arora]

Thanks a lot for the feedback! Will find out more about it soon..

[@nakshatraghosh594]

Yes please

[@manikdua]

Yess please make a video on back office roles

[@aryananand5368]

Yes please ... Specially for commerc students

[@shyamjalan953]

Yes please

[@skymaster9665]

The most plausible reason I think global IB's hire engineers over CA and other degree is because Indian engineers are the most malleable creatures. Think it this way, an average Indian engineer under goes 4 years of engineering, would have landed a boring mass recruitment job in IT/ ITES, Civil, mechanical domian and worked slogging his ass off for 2-3 years to eventually dislike his job and its prospects. He then decides to bell the friggin CAT, learn finance from scratch, gets professional certification course whilst maintaining an above average CGPA and if all of this was not enough he was learning the actual skills that mattered in an IB role. (Programming language- Python/R, visualization- power BI/ TABLEAU and quant). Now if this dosen't make the poor chap get a decently paying IB job, then I don't know wtf an Indian engineer would do?

[@shivanshshukla5883]

Learn Financial Modelling that's also important.

[@aadhyadebnath3123]

Pursing CA to get into my dream Bank JP Morgan Chase

[@shivanshshukla5883]

@@aadhyadebnath3123 CFA would be better I guess

[@aadhyadebnath3123]

@@shivanshshukla5883 cfa and mba both in my list

[@shivanshshukla5883]

@@aadhyadebnath3123 work hard for five years and you will be burnt out by the time you might complete only CA, but all the best for your future.

[@manishlohiya6768]

3:05 yeah harsh and brutal truth. It's very hard to digest why engineers (specially IITians) moving towards CAT/Banking/Finance field despite the fact that all these field directly or indirectly related to Commerce Stream😑

[@730ujjwalagarwal4]

Completely agreed

[@rahulpatell]

Exactly bc

[@apoorvgoel9265]

because they are smarter , as they have been to much higher pressure during their jee prep , which commerce students cant dream of

[@minute7209]

@@apoorvgoel9265 This is a lame reason to state. The same student who endured stress to clear jee can also work hard and endure stree to build successful career in engineering as well but that's were they fail because of lack of skills, hence they make a rapid shift to IB and this happens oly in India. Other countries are flexible and most of the investment bankers have degree from commerce background.

[@apoorvgoel9265]

@@minute7209 no lol , they don't fail in skills , When you are 16 , you don't know what you want to do in life and if you are bright you end up taking science , and becoming a engeneer And hence most smart kids are in engeneering, and when they figure out what they like , they switch fields and that's why not just commerce , every field is dominated by engineers

[@darkfeast9033]

As an investment banker what she’s saying is half truth and half shit

[@AnuragSingal]

This was an informative video- Almost every youngster wants to get into IB these days- Campus Placement is the best route to get into IB. Agree with the point on science background - as you can understand the nuances of an industry quickly

[@like_dreams]

Kuch bhi...Jo business padh rahe he unko chodke physics padhne vale industry samajh payege... bullshit logic

[@Shweta-Arora]

As shared in the video, MUST work on your soft-skills, especially CAs. Here's the previous video on Public Speaking: kzbin.info/www/bejne/pnO4gYKneZWLoZo

[@shrutibhat4192]

What all jobs exist in finance other than Equity Research Analyst and Investment Banker, after an MBA ?

[@meet2shreyas]

Will CFA 1 will help, as it might distinguish us from compitition? or there is no point putting efforts only to do CFA1..(is valualbe only if both levels of CFA is done)?

[@saurabhghodke1221]

Well let's say if one (Btech grad+ plus 2 years work ex in IT company) gets admit for IIFT for their MBA-IB. Then he will definitely land up in a global Bank IB role right ? Please let me know if u could get any answer for this

[@akshaykhanna9772]

Hi Shweta, I have 2 years of experience as an Equity research analyst and I have cleared CFA level 2. Should I start preparing for CAT if my main target is to get into IB?

[@MCBULLA]

What did you do after 12th please guide me

[@axgyrs2004]

Where did you work as ER analyst?

[@Future_ca_12th]

What is salary of equity research and how you achieve it what qualifications required to become equity research analyst please tell me I am waiting for your reply ❤

[@nithinsy5703]

Dii ...U have discussed almost everything regarding MBA in ur vedios....But plzz make vedios like... 1) Bring students and explain us ..their coaching journey...from which coaching did they prepare? What all activities did they do...for their profile building... 2) Bring students...who have got into top US ivy league colleges...by clearing GMAT...their coaching journey... resources they used...all pros and cons of doing MBA in US...M asking all this coz...as u r a public figure...u can get in touch to them... easily...which will help students like us...do dream...to get into...top B schools

[@sherwinmonteiro3331]

Hey nithin, if u need any help, u can ask me, im into ib and been working for about 2 months and im in love with ib

[@nithinsy5703]

@@sherwinmonteiro3331 Give me ur contact no or Insta I'd bro...

[@anuraagkumar7068]

u need 3-5 years experience for almost all ivy leagues. They don't take freshers in US.

[@detectivemangalu]

🤡🤡🤡 i choose BBA over engineering

[@anikketgang445]

Like it is just stupid i guess of IB role given to engineers and not to people who have been in the finance industry for much longer like for investment banker the b tech curriculum doesn't have much to give for the role but still they hire engineers only.

[@109_piyalihalder9]

Hi Shweta, I am following your content for the last 2 years and learned a lot. Can You Make a Video on Corporate Finance roles and How to prepare for the same?

[@comonyoutoon]

This morning was researching the CFA topic ,what a steal 😁

[@Shweta-Arora]

That's an amazing coincidence! 🌸🌸

[@ame6855]

Hello di, love your content, can you please make a video regarding CAT/MBA for reserved category students. 🙂

[@Shweta-Arora]

Thank you so much, can you please build on what you'd like to know? Because afaik, there's no discrimination on campus either by professors or by recruiters, so everything is same.

[@mr.k9099]

Maam I am from Top nit not iit what should I do I have 4 yes of engineering can cat rank give me that assurance

[@nmukherjee]

Guess it’s important to reflect on skills and focus areas: risk management (esp market and credit), financial instruments accompanied by very high level of stress appetite (unfortunately). Trading in commodity market is also a good entry point for IB. But in my own view understanding of risk and risk based decisioning is key to a successful career in IB.

[@bhumiahuja5570]

Hey shweta!! Thanks for revealing the truth and the reality regarding the role... After your i found that its very hard for an average student to get into IBs role. Please make a dedicated video regarding how to get back office role.

[@Shweta-Arora]

Thanks a lot, Bhumi. Will surely make one soon! 🌸🌸

[@manishbhatt4324]

one doesn't need any specified degree to be Investment Banker, you can simply take a 6month certification and become a Analyst, obviously if you have a CFA degree it's good but the time and amount it takes to become a CFA is more as compared to any certification. What is advisable is that go for a certification and take up a job gather relevant experience and decide the field you actually want to take e.g. front/middle/back office then eventually go for the global IBs you can get a certification from Imarticus, Data Trained, wall Street etc.. Data is preferred bcz they are also providing a LGCA certification w/c is acceptable in 170 countries.

[@Nandini__Nahar]

Insightful video. Could you please make a video on masters from abroad specifically for commerce grads sometime?

[@Shweta-Arora]

Thanks for the suggestion, Nandini. Let me try finding about it & sharing :)

[@rajivajayshrivastava3614]

Plz also make video on the 2nd most voted topic, whether non techies can become product managers.🙏🏽

[@Shweta-Arora]

Will surely do that soon! :)

[@kriss3pathi]

Going for CA+CFA+FRM+MBA 💸

[@muhdali-vc3zq]

Rest in peace 🕊️

[@kriss3pathi]

@@muhdali-vc3zq ha ha

[@muhdali-vc3zq]

@@kriss3pathi kya haal chaal bai

[@kriss3pathi]

@@muhdali-vc3zq behaal

[@muhdali-vc3zq]

@@kriss3pathi Aisa kya ho gya,ab kya kar rahe hai

[@rohanswer5091]

If every role is tough to get into for a commerce background student toh phir kya kare ? If finance firms also prefer engineers toh phir MBA is of no use for us. PS: I'm currently in IIM Bangalore and based on my senior's batch i can confirm that commerce, cfa and ca students are preferred for finance roles. IIM Ahmedabad alag chalta hoga

[@Neeraj-gp8mk]

Bhai mereko aapse ye jaana hai ki aapne CA CMA AND CS Kyu nahi liya aur Aapne CFA Kyu choose Kiya ? Kya Bahar ka course karna kya sahi hai India me. CFA CMA US CPA and ACCA jaise course karna sahi hai ki nahi aapke hisaab se .

[@rohanswer5091]

@@Neeraj-gp8mk first preference CA followed by CFA (if you are going to do an MBA)

[@Neeraj-gp8mk]

@@rohanswer5091🙃 Bhai main iss saal CAT Dene ja raha hu kya mujhe koi tips de sakte hai CAT Preparation ki Mai Bhi Commerce without Maths liya tha aur graduation me bhi maine b. Com kiya tha wo bhi(CBSE students ke liye nightmare se kam nahi ) ( tier 6 ) Hindi background college se na hi maine b. Com honours kiya hai ? Mujhe ye jaana aapse books konsi purchase karo Quants mai dekh raha tha ki For Non Engineer or For Beginners ke liye Arihant Ki Book By Sarvesh Verma recommend kar rahe the na Ki Arun Sharma ki aapka point of view jaana hai mujhe aap konsi book recommend karoge aur DILR ke liye mujhe kuch samaj nahi aa raha hai Konsi Book lo aap suggest kar dijiye aur VARC ke liye maine Arun Sharma. Bhaiya maine abhi preparation start bhi nahi kiya mera koi guidance nahi hai na dost hai na mujhe paata mocks hote kya hai . Kya bhai aapke koi Nazar me hai free mocks ki website available hai . Mai Do Saal CAT Preparation ko dena chahta hu bs target mera 2022 or 2023 agar 2022 mere 90 percentile se upar aaye dobara dunga lekhin nahi aaye tu Kya mai CMA KARO YA CFA AUR Aapki life kaisi chal Rahi IIM BANGALORE Kya Kya Experience kar rahe ho life kaise waha pe . Bhai Please reply I need ur guidance brother🙃 aur bhai Congratulations aapko IIM BANGALORE MILA HAI

[@Tannu_dhankhar]

Hey will u plz tell me the questions put by interviewers in ur iim b interview

[@aadhyadebnath3123]

Going to pursue CA+ CFA + MBA

[@nithinsy5703]

Plzz ..can anybody...tell...did Dii...get into IIM A in her final year of Bcom or did she had work experience before joining IIM A...plzz tell

[@aayushivats365]

Final year

[@Shweta-Arora]

I was a fresher like Aayushi mentioned.

[@nithinsy5703]

@@Shweta-Arora thankss a lot for replying dii...U r really... bringing revolution....for who don't even have a idea of mba...like me...

[@nithinsy5703]

@@aayushivats365 thankss

[@nithinsy5703]

Bring vedios.... analysing...resume of ur batchmates of IIM A...so we can get much insights of IIM students....and even get to know...wt all they did as for profile building... M asking coz...most of top US B schools...focuses on extra curricular... activities... inspite u get low GMAT...they will give admission.... soo...plzz do these vedios dii...

[@HimanshuGupta-bl1yy]

can I get in IB with ACCA+ CFA?

[@Funtvdryinfree5th]

So is there no chance for arts graduates 😭😭😭😭😭

[@Funtvdryinfree5th]

No

[@kanchi9042]

Hi Shweta, I just wanted to ask what type of work experience is generally preferred for CAs? Or is it just the time period that is important? If so, what would be the ideal period?

[@ayushimishra1912]

Same here

[@shweta7153]

Hey Shweta! Couldn't watched the video just wanted to quickly comment you look gorgeous 💗 Will definately be watching the video later

[@Shweta-Arora]

Thank you so much 🌸🌸

[@sunilchauhan3558]

Mam my academic background is very low supposed I got 99 percentile in cat and converted iim ABC or having done 2 years mba degree will global Bank hire me in the basis of only iim ABC mba degree not ca or cfa pls reply

[@somnathkumbhakar4566]

Thanks for this one. And one request, actually more than one request 😁 is that make such eye opener videos on all the functions and domains possible which one can target post-mba.

[@ayushkataruka1277]

Can you make a video/discuss about CMT?

[@shivanshshukla5883]

I have seen People learn financial modelling and build models and post them on LinkedIn. I think in most IB roles constitute building Financial Models on a Daily basis, so doing this may prove that you are ready for the job right?

[@pratyushsingh33h93]

Please make a video on how to get a backend role in this IB companies, research related works in consulting (MBB), If someone is not in tier -1 college (campus placement not an option). For example I am in Xavier's, Kolkata.

[@omkarjadhav4645]

The reality of CA students is that they don't even get enough time to go for self-grooming let alone practising soft skills lol

[@itsmik12]

CA is no longer a professional certification course but it's equivalent to Postgraduation

[@dipannitadey903]

Di very nice video. Can you make a consulting video like that?

[@Shweta-Arora]

There's a video on consulting already - kzbin.info/www/bejne/jGGap4CFbdeYbrs

[@shashankshekhar160]

To all, I know it is said that it is almost impossible to get into front office roles unless you get into top 5 b-schools but it is not always true. I belong from one of the top 30 b-school, can say tier 2 b-school, still managed to land a front office role. Many foreign Investment Banks have their IB competitions where folks across different b-schools take part. I was national finalist in one of the competition by a top European IB. This brought me PPI and I managed to convert that. P.s. I am neither a Btech nor a CFA. Sometimes all that is needed is a bit of luck and good industry and valuations knowledge.

[@nithinsy5703]

Dii...plzz make a GMAT series...bring students...who have got into ...top IVY league clgs of US.....Plzz

[@smixy9242]

Kudos! Great work. I wanted to ask this question, do top B-schools have a condition that if a student is already placed or got a PPO then he won't be allowed to sit for other job interviews or maybe similar kind off scenario? Could you please elaborate if they have such conditions? Thanks in Advance :)

[@mohittandon5939]

Thank you for such an awesome feedback, one more doubt i would like you to address is that my son is starting his 3rd year BBA, what should be a better approach for him either to prepare for CFA during his 3rd year or to start preparing for CAT and think of preparing for CFA while doing his MBA.

[@maheshperiwal2869]

Please make such video about shortlisting criteria for management consulting.

[@raghav3198]

Thank you for this amazing video. Does work experience in Private Equity Accounting is a good work experience for entering Global IBs ?

[@Shweta-Arora]

Yes, absolutely yes!

[@Kumar-ts3uc]

Hii di. Can u make a video on Mba in abroad is it valuable and Some say MBA in foreign is not valued in india

[@CrazyDance182]

Nice information...you are looking beautiful di...

[@Shweta-Arora]

Thank you so much 🌸

[@ramkhandelwal7679]

Dii please read it all and if you have any more tips plz add I have just completed my 12th with 82% soo i am getting into SD jain collage the best here in surat for bba cource and i have bought all arun sharma CAT books i am thinking of doing the LOD1 of all sections till my second year And also i will join a NGO in my second year so till my admission in an MBA collage it will get me an edge i think Getting back to studies i will start my full hardcore preparation from JAN and try to get a good score And if unfortunatly i am not able to get into a good collage i will either do accounts of some firms here as my city surat is a textile and diamond hub or i will get a bank job and then give CAT again next year So thats my plan dii If dii you have read it till here then firstly thank you and if you have any suggestions plz tell me as i want to do an mba and get into finance sector

[@manlygle]

Didi Plz Make A Video On Management Consulting in MBB Firms...🙏

[@nithinsy5703]

Dii....Thanks a lot for ur vedios...but plzz share more and more MBA insights...plzzz ❤️❤️

[@Shweta-Arora]

Surely! 🌸 Do suggest what you'd like to know/watch.

[@pritamkumar-rz3wg]

MAM PLEASE MAKE A VIDEO ON GETTING BACKEND OFFICE ROLE FOR COMMERCE STUDENTS

[@Gaurav_Modi]

Thanks. Yes Pls make video on back office roles especially for people who are Commerce student & doing CA/CFA

[@sunilchauhan3558]

What do you mean by summer placements academy in investment banking pls let me know

[@supriyanahak6482]

Hey di....plz make a video on how to get in to IIM if we've low academics marks below 60 in grad & 12th

[@sakshambansal2410]

Hey!! Please tell what should a student entering into bcom hons and targeting IB do to improve soft skill as well maintain the grades at college and prepare for CFA

[@shivangsaxena4949]

Hi Shweta, I am an engineer working as a software developer. I'll surely target the CFA, but is it necessary to get relevant work experience in IB Backoffice roles ?

[@AM-jv6zr]

How to get work experience in small banks ??

[@VenomYTv2]

Make a videos as well on private equity and venture capital

[@harshadsulke5799]

Is only CFA enough as a standalone degree in india for becoming investment banker

[@abhishek4782]

MBA AND CFA

[@annic98ool]

Di you are looking really pretty with this get up.❤️

[@souptikpal3219]

You are looking the prettiest today 😍😍

[@vrushabhkb3061]

very informative, can u also make a video on how commerce students can get into ib considering they have also done cfa

[@technicalsingh2617]

We can do frm instead of CFA Which do you prefer

[@abhijitdixit1164]

Please get us a video on How to get backend roles. Thanks!

[@factsforyou2516]

What you think if I done data science and CFA how the chances to get into IB

[@Shandilya_saurabh]

Purane jamane me thik hi bolte the ki arts ( humanities) mat lena😭 Arts. walon ke liye sirf upsc hi h corporate world me koi value nhi

[@kanakchauhan2470]

What if, if someone is engineer but not from IIT ...then there are chances or not

[@aniketjain8321]

CA+CFA a good combo?

[@KajalSingh-xb3ft]

You are two cute great watching your vide os

[@Shweta-Arora]

Thank youu 🌸🌸

[@ayushpatidar4975]

Mam please make this type of video in management consulting 🥺😊

[@beingrahul.]

Can we do investment banking without MBA ?

[@shravanthina1912]

Thankyou for every useful video's

[@Shweta-Arora]

Glad you liked it, thanks a lot :)

[@sagarhalder3063]

what about cma ???? make video on cma

[@Jatin__Verma]

Hi Shweta Di! Can you make a similar video for how to get into Consulting ? Its prerequisites & other factors to land up in Consulting Roles.

[@Shweta-Arora]

It's here - kzbin.info/www/bejne/jGGap4CFbdeYbrs

[@Jatin__Verma]

@@Shweta-Arora Thank You Di

[@saranyamitra9051]

Can I get IB role with 9/9/8 btech (from tier 1 Engineering college) with workex in Adani?

[@Shweta-Arora]

You surely can! Try adding more finance points in your CV (like courses/certifications/independent company analysis)

[@shiwanshgupta8716]

Iim ahemdabad m pahuchne se badi achievement kya he hogi CV mein😂😂

[@aniketsingh5001]

Hi Shweta, I have 3+ years of work experience in IT role and i am a bcom (hons) graduate from DU. During this time period i had tried but could not get into any finance related role. Now i am preparing for MBA and my aim is to get into investment banking but i do not have CA/CFA degree and in order to compensate for that, i am planning to do a couple of finance related certification courses. In my 10th and 12th my scores were more than 90% and in graduation it was 65%. So will it eventually make any difference in my selection in IB?

[@shivanshshukla5883]

Yes I think as you got a Hit in marks in grad that might have been the reason you were not able to get a finance role even after being from DU. And In India probably the best would be to not prepare for CAT and get a relevant work ex or Try for CFA.

[@rupali320]

Yes please make a video on how to get good back office roles. What do companies like Bain, McKinsey prefer while recruiting freshers from top institutes?

[@parthabhowmick3973]

👌👌💖, perfect outfit beautiful ❤️

[@karanshringarpure1490]

Pl mention d IB certifications

[@Piyush-qh4bl]

Thank you for valuable input. Please can you make a video on how to get into IB back end roles ? Really wanted to know how to get relevant work ex for IB. Thank you 😊

[@dahaka1905]

Please make a video on how to get that work experience as an engineer from non-IIT college. It'd be helpful

[@swarangimaharao9153]

Thankyou so much, it gave a lot of clarity that what should we do & what not, please make such detail video or series of videos on consulting for Freshers, previously I know you posted a interview, & that was great but if you give Consultimg aspirants a plan of action while preparing for CAT -Freshers how can we increase our chances to get into consulting that would be really very helpful, because there are lot of videos on internet but I only trust you

[@vyomjain5426]

thank you so much for this video

[@sourabhmondal7816]

Overloaded cuteness 😍

[@Shweta-Arora]

Thank you 🌸🌸

[@abhisheksaha7407]

How to get a back end role in ibs

[@erronblack5015]

If that's the case then why most ceos of these firms are economics major

[@joynan9915]

Didi, I am neither engineer nor CA I am pursuing BA in English major. Now I am doing many certification courses related to finance. So I am able to land up into IB?

[@Shweta-Arora]

It's rare for any non-engineer other than BSc or Bcom to land an IB role. The competition is intense. The only two things that you can do are doing CFA and getting work-ex. Getting work-ex will also help to understand if that's what you really want to do.

[@-UMT-OMPRAKASHS]

What can a b.sc math student do

[@praticksinha1248]

HELLO shweta di.. I'am a Food technology and biochemist engg currently in 4th year I heard about the FABM program. But i have lots of doubt about this course can u make a separate video in this topic.. Thanks in advance😇

[@Astha_Jain]

Being an investment banker at Nomura i can say its true

[@AnUsReE_XOXO]

Dudeeeeee i much more needed this videoooooo. Perfect timing. Tysm.

[@BeNeaThtheLines]

Thank very much Ma'am for this insight ful videos . please make a video on back office role and kindly do mention how a BSc student can step into Investment Banking.

[@hiteshfulwani9983]

Although science grads might be preferred (I am guessing for their mathematics exposure), can I not bolster my chances for the shortlists through doing quality and rigorous equity research?! (Or independent project/work ex related to any other instrument where one's interests lie?). I still feel that with finance related experience, conceptual clarity about fin analysis and good academic performance in quant disciplines in the MBA or getting an institute rank might allow students from non-science stream to perhaps compete decisively, if not land a role in IB?

[@AitihyaGh]

Basically mera to ye nehi hoga 🥲 koi nehi fresher ke liye bhi kuch to hoga i hope

[@yogeshmudgil6767]

First of all thanks mam for such a great video, second mam, I'm from a science background and recently I decided to do CA. Now if I want to be an IB what should I do?

[@2611monu]

Yes dear

[@hardwell3005]

degree barbaad krdi

[@Shivam-ot5jh]

Ma'am you looking gorgeous 😍

[@pawan7785]

First of all thank you for your valuable knowledge and experience, time you give to sharing your knowledge . I have graduate degree in the field of B.com and I want to do something in finance Should I go for CFA or MBA in finance and Also Could please tell me or make video on this What are Skills that required soft and hard skills or Technical skills in the field of finance ?

[@Shweta-Arora]

You should do a CFA if you want to make a career in finance. Hard skills are for finance are these - kzbin.info/www/bejne/hWjCZotrjKaHeac soft skills are presentation, communication, confidence, personality.

[@AURAA02]

As an engineer how to get work ex in botique banks

[@ivinitmittal]

Insightful!!

[@Shweta-Arora]

Thanks a lot, Vinit :)