The UNFILTERED TRUTHS of Investment Banking!

From huge deals to high-stakes decisions, investment banking is intense. In this video, we explore the often-hidden realities of this industry - the good, the bad, and the ugly.
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⏱Timestamps⏱
0:00 - Introduction
0:41 - The Good
4:43 - The Bad
7:44 - The Ugly
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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All content in this video is for entertainment purposes only. I am not a professional financial advisor and my statements are not to be taken as instructions or directions. In addition, some of the links above are affiliate links, meaning that at no additional cost to you, I may earn a commission if you click through and make a purchase.

[@rareliquid]

Haven't worn a suit for work in 5+ years but was kind of nice to get dressed up hah As I mentioned in the video, if you want to learn how to build financial models, check out Wall Street Prep! They have courses that have been taken by 100K+ students. 🖥Wall Street Prep🖥 ► Use code RARELIQUID for 20% OFF on any course! ► gv142.isrefer.com/go/rliquid/rareliquid/ 🍎Sign up for my courses🍎 ► How to get into MBA programs: forms.gle/9yEyycuP7NnQBjue8 ► How to get into investment banking: forms.gle/wt4cZrezbxVgNzGUA

[@matthuang21]

As a former Investment Banking Analyst, this video resonated 100% with me. The good, the bad, and the ugly!

[@ilovelifan]

what is your job now?

[@zephyrflame]

@@ilovelifan He works as a Consultant at BCG now.

[@mattiacampagna2893]

clearly the best videos on youtube for truthful insights on the industry (valid also for consulting in some cases)

[@ryersondalton]

Great video! Helped a ton.

[@vladbulauchyk4287]

Great information, thank you

[@adibyaserahmed9684]

sounds detrimental to one's health. thanks for the heads up. Appreciate it

[@Ehanna76]

Excellent content Ben, I always take something away from your videos 🔥

[@aryanmittal0811]

Good stuff man!

[@mikehawk8338]

Hey Ben! Just wanted to say I'm loving your investment banking content! Your videos are awesome! The way you explain complex concepts is impressive and really engaging. Just wanted to show my appreciation for all the hard work you put into creating such valuable content. Your videos have been super helpful in deepening my understanding of investment banking. Can't wait for your next release! Keep up the fantastic work, Ben! Looking forward to more amazing content from you!

[@rareliquid]

damn what a compliment haha thanks man

[@adrianoalbarosa9750]

Hi Ben! I’m an Analyst in Corporate Banking within JPM looking for a move into IB, this video is bomb and very helpful. Will check out the WallStreet course with your code and also join your course on how to get into IB 👍 Want to make sure I start out strong 💯

[@rareliquid]

So glad I could be of help!

[@aerwsrf]

What you said at the end, "less talented analyst getting a bigger bonus than a more talented one" is the common theme I found in the finance industry and it's the exact reason why I left and pursued a lucrative career in healthcare.

[@chibratoons9290]

Hi Ben, could u do a video on where the most investment banking jobs are, like top 5-10 cities and which ones pay the most

[@aishwaryapotdar1348]

You're such a role model.

[@keith5268]

value adding as usual

[@barryaherne215]

Lots of good, original content here. Very informative. You even have me, someone who's very anti-80 hours a week, considering the good how financially lucrative being in the 1% could be, even if only for a year haha

[@rareliquid]

haha 1 year aint too bad!

[@accountsequity5587]

Hi Ben! Could you talk about MBA recruiting? I know back in your JPM days you helped with undergrad recruiting and that this year unfortunately a significant amount of MBA interns couldn’t land summer associate due to the slowdown in M&A activity, but I am very curious about MBA recruiting and was wondering if you could gather a few classmates that are going into IB and talk about it.

[@Deank125]

Looking good in the suit my guy!

[@rareliquid]

ty sir

[@f1freak228]

Please do a video on education , under and post graduate required for getting into investment banking

[@Mav0585]

Think working on the technology team at JP Morgan Chase would be a good route? I might have that opportunity coming up.

[@UNKNOWN-1589]

I mean this guys is just a guru , what a man.

[@rareliquid]

thx g

[@bewater28]

Sir, huge fan from China. Wondering how much demand there is/will be for AI and ML in ib. it's a highly competitive industry and I think one needs to stand out to keep earning loads after their 30s, b4 being fired cuz the economy is looking down, or being replaced by the fresh blood right? Is AI a good way to stand out and keep the edge?

[@nev6250]

Wow ben never knew you could look so sharp You're rocking that suit

[@ilovelifan]

hey dailo ben i juz purchased wall street oasis modelling prog. is it as good as wall street prep?

[@aryanmittal0811]

Can you please make a video on how to become a hedge fund manager (by interviewing one if possible)

[@himmesshh.]

What can be the skills required for an undergrad to get an internship or job just after their undergrads???

[@sitrakaforler8696]

Dam that's kind of cool to know ! But is it possible to shift from IT to Investment Banking ? x)

[@mickf.jagger1475]

I would advice you to have only one font on the thumbnail and have dark blue as the font color because it pops out even more and keeps it professional. Also the titel seems too long and wordy. But as always keep it simple and you do you. Keep your head up

[@rareliquid]

ok thx! i'll consider these changes

[@deez994]

* title (spelling mistake) pls fix thx

[@deez994]

Also ur a clown @rareliquid this guy doesn’t know anything. Don’t consider a single thing he says.

[@housefull2432]

​@@rareliquidmy networth is 20$ from I African so if I give you 20$ how much u well turn it to in investment banking

[@kimjong-un9044]

@@housefull2432its not worth his time to work with 20$. A good investment banker will turn those 20$ into 22$ in a year

[@schraderclemens6122]

Love that necktie! Where did you buy it? @rareliquid

[@rareliquid]

in korea! i actually had to buy it last minute for a business school interview and so i just bought it off a street cart. it's not even a real tie it's like a pre tied zipper tie LOL

[@spoonyspring4590]

Thats why I preferred 100% PF than M&A

[@1234kydgotf]

I’m 16 years old going to year 11 of Highschool next year what steps should I be taking now to get Into IB

[@Xolition]

I hate, hate building forecasts in marketing. Would not have been a good investment banker. Spot on with the fees comment.

[@ravinduakalanka6834]

What is the most demand bachelor's degree to become an investment banker?(Finance degree or Maths degree)

[@TheKrissa987]

Can you make a DCF on Intel?

[@Almighty0312]

Hii I am 17 year old wanted to know target school in UK or USA for undergraduate degree in finance Please help And I want the counselling session one to one with you please tell me how I can do that

[@aishwaryapotdar1348]

How do you "fit" in?

[@kevinsuh5313]

You look great in a suit!

[@rareliquid]

thx homie

[@ossietilling4426]

Do you think it’s better to work as a software developer or investment banker, gotta choose my major soon and don’t know where to go

[@Mariah-525]

As an investment banker you can reach a magnificent salary in a few years, but you'll have to work so many hours a day. There is practically not much of a ceiling for the income. I ve heard of bankers making one million a month. But the sacrifice is huge and the stress and pressure are as well. It's also very competitive, not just when it comes to getting into it, but also when it comes to keeping the job. At many investment banks, many employees are fired monthly, so you have to be very competent to stay there, to walk the extra mile, to have something unique to make you stand out. You have to be the best at least at one thing. As a software developer, you ll still be making very good money, most probably six figures, but it can be harder to climb the ladder. Since it s a more scientific field, the gurus of software are very intelligent, very skilled and it s hard to beat them. At a very high level, coding is very hard. If you re alright with not advancing in your career very often, and if your goal isn t to become an executive or a high level manager, then you won t have a problem with this. The hours for software devs are waaay better than for bankers, so developers win at the work life balance chapter. If you d like to have a family and spend time with them, or if you d like to have more leisure time, software would offer you that. If your goal is to make the most money you can make, you have a high resistance to stress and you re willing to dedicate most of your life to work, then you can go for investment banking.

[@just_christian]

Why is it that the ones who make these videos are the same one’s who quit after a year or two. It’s so disappointing to see people leave such great jobs when I can barely get my foot in the door.

[@PapaJenkinz]

because it isnt a great job. and ones in IB rn dont have the time for making videos

[@Mcchickencoin]

I’m 23 and want to get into investment banking, is it too late for me ? (Still haven’t started college)

[@MrMDanny]

Might be too late since they mostly target very young people.

[@fcxxxxxxxxxxxxddee]

Mba is gateway along with work experience ​@@MrMDanny

[@BeamJadeniphit]

❤❤❤😊

[@josephzenteno8293]

Suit Brooks Brothers? Hickey Freeman? Shirt Brooks Brothers?

[@rareliquid]

theory

[@DovahKiinActual]

Sounds like the boys club at the end of the day

[@aryan_01]

So you're a Twice fan?!

[@mian2837]

i am a 31 year old looking to get in as a fresher😂

[@ajlinasaljunovic5081]

an icon

[@iamdp]

Let me tell you all one thing - Once you get to within the 1% salary (let's say a CEO) you're still an employee.

[@justincarrizales1206]

Yup and you can get laid off at any given time

[@UnknownUser-fr5yz]

So what?

[@talhamehar3391]

Your age?

[@Jannie-yr4nc]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

[@BernardaJerkin]

Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

[@DellBriagas]

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@DellBriagas]

I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you

[@maxt1617]

For some workers, the video could be summarised as "earn fantastic money and leave almost all moral integrity at the door." I invest personal money in equities, and the notion of having to fudge valuations in order to please clients is just hilarious and amateurish. "Yeah, it's a two stage, unlevered free cash flow to equity model... that meets the client's number." 😆

[@maxt1617]

"Whose bread I eat, their song I sing." 😂

[@tuduermestrop8474]

All investment banker will become youtuber to say how investment banking is ? it's like "oh yeah, i got my diploma, i go to youtube to say "hey look how i'm rich but not easy""

[@pentagon5083]

haha not gonna lie, it's kinda commendable how much you drag on talking about Investment Banking after leaving the industry

[@_CryptoBits]

Go back to working in investment banking . No way the Tube is paying more .

[@barryaherne215]

He prefers pursuing entrepreneurship, and if all's going well, it will outperform his banking career financially. Ultimately, Ben seems happier following his dreams, which nobody can fault. (And also take a look at his transparency with regard to income. He's doing really, really well.)

[@pricetagcitrus]

Bro thinks he Patrick Bateman.

[@bigdog6704]

I used to want to work for a bank, now I just daytrade in my underwear. Good luck everybody!

[@user-pm1ic9ul4v]

clearly the best videos on youtube for truthful insights on the industry (valid also for consulting in some cases)