why I REGRET being an Investment Banking Analyst

  Рет қаралды 192,387

The Bryan Jun

The Bryan Jun

Күн бұрын

Пікірлер: 449
@jaredjordan5185
@jaredjordan5185 3 жыл бұрын
I'm not an IB, but have a similar job I dream about missing emails/messing up deliverables... anyone else? LOL.
@ExistentialSadness
@ExistentialSadness 3 жыл бұрын
What is your job?
@sanguinor5609
@sanguinor5609 3 жыл бұрын
Not in the industry but I still have recurring dreams/nightmares about minor formatting errors hahaha
@jaredjordan5185
@jaredjordan5185 3 жыл бұрын
@@ExistentialSadness big 4
@ivanovai
@ivanovai 3 жыл бұрын
no
@alanahiga9613
@alanahiga9613 3 жыл бұрын
Omg hey Jared! We were at Deloitte together. Hahahaha this KZbin algorithm is scary. I still have trauma from the one summer at a Big 4 LOL I can't imagine being full-time haha but props to you for sticking it out! Hope you're happier at your new place. :)
@mattjenner1994
@mattjenner1994 3 жыл бұрын
the second point hit so true - I never really knew what anxiety was before I started in banking, but now I feel overwhelmed with it pretty much all the time
@TheBryanJun
@TheBryanJun 3 жыл бұрын
yeah it's a never ending feeling
@marcusanthonio
@marcusanthonio 3 жыл бұрын
I have really bad anxiety after a year an a half of being at my firm. I never realized it was such a widespread thing. I am leaving the firm because mental health is a thing that needs to be addressed.
@mbank3832
@mbank3832 2 жыл бұрын
same. i don't know why i am constantly worrying about something, when there is nothing
@tchit8792
@tchit8792 3 жыл бұрын
I definitely feel this way. Being at a semi-target, I feel like I have to do everything to get the upper hand. I couldn’t get into the selective finance orgs, so to compensate I joined two general finance orgs, a student run fund not affiliated with the college, a search fund internship, and will be doing a part time IB internship along with a full time VC internship this summer, and I still think it’s important I do a IB internship in the fall. At the same time, I really see myself in the VC/tech/ tech PE space, and so I do extra activities in that space. I’m not comfortable with leaving IB behind b/c I don’t know if I want to be in HF, PE, etc. But also, I feel that my experience in finance is that it’s somewhat toxic. All the activities I’ve done in finance require you know the nuances of financial models, have perfect stock pitches, and have no desire to be in an industry other than finance - otherwise, you’re judged and are left out of opportunities. It’s really made me question how much I want to be in finance.
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Always good to be introspective
@johnliu5520
@johnliu5520 3 жыл бұрын
Which semi target are you at?
@nikg6305
@nikg6305 3 жыл бұрын
What year are you in college? You've done so much holy crap
@Alzzael
@Alzzael 2 жыл бұрын
for sure VC/PE is much more fun than IB, most of people in IB want to then exit to others branches such as PE, hedge funds, etc.. after a few years
@halofanaticboy
@halofanaticboy Жыл бұрын
dat feel when target school but work in back office
@grahamster8
@grahamster8 3 жыл бұрын
A close friend of mine that was working in IB burned out after 11 months. He said working from home during the pandemic actually made his life even worse because he was never off. He only got Saturday off and even then he didn’t really feel off. When he started he was like “I’m going to do this for 5 years, stack a lot of money and then get a more relaxed job” boy he was wrong.
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Yeah it's definitely a "to each their own" type of job
@beautifullytextured6136
@beautifullytextured6136 3 жыл бұрын
I was just thinking about that. Going from bed to 14-16 hrs and going back to bed messes with you
@wfnicdao
@wfnicdao 2 жыл бұрын
Coming from a third world country I can say this is typical of first world problems. In my country, many have difficulty finding work to pay for their next meal or feed their family. Anxiety is further amplified in first world countries due to tunnel vision from some lack of perspective or basis for comparison. For some it helps to visit a third world country for them to see and realise what they take for granted in their own country.
@TheBryanJun
@TheBryanJun 2 жыл бұрын
1000% first world problems
@magamaga1827
@magamaga1827 2 жыл бұрын
Good video, young man. I'm 50 years old. While not a IB, I did work as a mid level executive for 25 years in the media/advertising/TV business in NYC. Loved it for a long, long time. But by my mid 40s, I was burnt. Couldn't sleep so started to take Ambien. Eventually became addicted and that, along with the day to day stress and never ending fires to be put out and pressure of having to secure revenue for a bunch of corporate elite assholes, I finally succumbed and was forced out of my job with a pretty shitty severance. And then my mother got sick so I had to also take care of her full time. After 2 years of literally doing nothing (living off my severance) and my mom's eventual passing, I moved back to my parent's house and inherited it so I live there now. I work as a doordash/uber eats driver making about $1,000 a week which is pretty good when you think about it. I work whenever I want. My expenses are next to nothing but property taxes and cable/electric bills on the house. I have no debt. I take vacations whenever I want. I go and do whatever I want. Many days I won't work until 1pm because I was staying up all night watching cool movies! I've NEVER BEEN HAPPIER. Sure, I deliver food for a living but it's enough for me to get buy and live a decent life with zero stress. My advice to kids? Make all your money when you can before 40, then just buy a cheap condo in Florida and live a very inexpensive life with a job that you really don't care about doing but has no stress.
@MM-wg6dy
@MM-wg6dy 2 жыл бұрын
Good advice man, trying to do something similar although I am still “very young” as people say but have been working since 16, going to school and having two jobs due to my family’s debt. At the present moment, I am 22 but eventually flunked out on my third semester of college after getting burned out and diagnosed with clinical depression. Am now thinking of returning but don’t wanna go through the same ordeal all over again. That being said I was wondering if you had any advice for me as for what career to aim towards and/or what degree to pursue Thank you for your time
@r.b5496
@r.b5496 3 жыл бұрын
I appreciate the way you explained this topic by mentioning the possible negative effects but simultaneously tried not to demotivate the upcoming juniors. Good job!👍
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Thanks much!
@NOCLUEinvalid
@NOCLUEinvalid 3 жыл бұрын
i don't want to get into banking but i watch these videos lol
@TheBryanJun
@TheBryanJun 3 жыл бұрын
LOL there's so many better videos to watch
@mauricioalejandro74
@mauricioalejandro74 3 жыл бұрын
I could care less about banking. This dude is entertaining to watch
@puffer_fish58
@puffer_fish58 3 жыл бұрын
great video, Bryan. i already have a lot of work anxiety due to college and extra-curriculars (i study management & industrial engineering) and i used to be this super try hard person, before college, but eventually i ended up looking at my sides and seeing how much i was giving up in order to become just another financially successful but unfulfilled worker. had to go to therapy and it helped me a LOT to find some of my values and create a healthier lifestyle. however, as i said, work anxiety is still a thing. anyway, i really don’t see myself in banking nowadays... maybe other industries within finance, but that’s it
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Good to hear that therapy's working for you wishing you the best moving forward
@27Gmyz
@27Gmyz 3 жыл бұрын
Do what you feel passionate about. You may get the right environment, network, books, side hustles and success so you do not need to work if you do not want to... but you need to enjoy the path and adapt to the new opportunities you will find. That career path does not seem to have been a sustainable one for you in the long-term... you can work as an analyst at a 10-12 hour a day position in lots of funds if you really like it. A lot of people are advancing faster out of the office by networking, reading, personal development, etc. You can work at what you like till you do not need it.
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Completey agreed
@nemrutbaba
@nemrutbaba 3 жыл бұрын
Son. Let me tell you something about regret. It's better to regret something you have done, than something you haven't done.
@TheBryanJun
@TheBryanJun 3 жыл бұрын
FACTS
@rohitkadam2
@rohitkadam2 3 жыл бұрын
PE internships out of second grade..hahaha. absolutely relate this video. Been through this myself.
@TheBryanJun
@TheBryanJun 3 жыл бұрын
:)
@eejuinng4312
@eejuinng4312 3 жыл бұрын
I can relate to your experience. To be honest, I think there are too many talented individuals working in the banking industry. If I can do it again, I would love to be a quant.
@TheBryanJun
@TheBryanJun 3 жыл бұрын
This is such corny advice but I think any "if I can do it again..." is worth at least one try!!
@LucaPizzoplus
@LucaPizzoplus 3 жыл бұрын
Is the job of a quant much different from the one of a financial analyst?
@autofocus4556
@autofocus4556 28 күн бұрын
You say there are too many talented individuals in banking but wish you went into something even more specialized and competitive?
@Visiting.earth7
@Visiting.earth7 3 жыл бұрын
I loved hearing your perspective on this topic. Starting minute 7:10. Literally described me and my thought process. What is there to regret about putting in the work though? I was the easy-going mediocre high school student. Never went to class and hated the idea of school; i never had a vision for my life. In college I met so many different people with insane mindset and unique stories - i learned so much about myself and the value of visioning your future and being the creator of it. Act or be acted upon. Now I relate to everything you just explained. Networking and taking extra courses online to have the upper hand. This really put into perspective the amount of time that I put thinking about becoming that banker. I regret being that mediocre student in HS who had no idea where his life was headed. I’m glad I’m able to look back and know I can take control. To me IB is proof of just that - the ability to write my own story and never letting anybody write this for me like i unknowingly did in HS.
@dhruvasthana1690
@dhruvasthana1690 3 жыл бұрын
Hi I’m an ib aspirant is there any way I can contact you?
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Appreciate the insight and relatability
@SelvinsStudent101
@SelvinsStudent101 2 жыл бұрын
Hey Bryan great video! As an ex investment banking analyst (Nomura in London), I share so many of the things you mentioned here. Particularly the one around anxiety and always needing to respond. I feel bad because since I was working from home, I think this trait has slightly rubbed off on my gf (we live together) even though she doesn't work in anything finance related. It definitely isn't how the real world works. That thing about an email sitting in your inbox for a while is completely true. There are way more important things in life to deal with
@TheBryanJun
@TheBryanJun 2 жыл бұрын
can't agree more
@Vietnam162
@Vietnam162 3 жыл бұрын
Hey Bryan, thanks for sharing! Your thoughts, especially on how IB ruining the ideals surrounding money, really resonate with me. I exited banking after 1 year and am switching to tech. Hope your new path at your startup is a successful one!
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Thanks so much!
@tanvinator
@tanvinator 3 жыл бұрын
What if you are tech in banking. 😄
@Constitution1789
@Constitution1789 3 жыл бұрын
Have you heard of Domics? He's a KZbinr who uses humor and animations to communicate his experiences. Just some food for thought as you continue to grow your channel.
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Ooh ill check him out - I def need to put more thought into what I'm going to do with this
@youngbinsong552
@youngbinsong552 3 жыл бұрын
@@TheBryanJun might be too early but maybe 100k sub video idea: draw my life video?
@TheBryanJun
@TheBryanJun 3 жыл бұрын
@@youngbinsong552 LOL I'll do this soon
@samhitha395
@samhitha395 3 жыл бұрын
Bryan you’re so awesome! I came into freshman year for my first semester the same way you described, IB took over my entire life. That’s when I started watching your videos haha. But I truly never loved it and now I’m on the pre med track which I wanted to do since I was a child. I came for those IB videos last semester but staying for Bryan!
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Thanks so much! I'm jealous of those that have the will to be a doctor best of luck
@NOCLUEinvalid
@NOCLUEinvalid 3 жыл бұрын
yay im glad you're doing something you love
@HaroonKhan-jk3fh
@HaroonKhan-jk3fh 3 жыл бұрын
You’re very eloquent bro 👌 I studied economics at university then banking and international at finance and back then everyone wanted to work in investment banking (probably still do!) I’m glad even though I applied I didn’t get in. Now I’m in a job I enjoy and I’ve got time to think about what Im really passionate about in life, it’s been amazing, all praise belongs to God
@TheBryanJun
@TheBryanJun 3 жыл бұрын
sounds great!
@HtheKing
@HtheKing 3 жыл бұрын
What job role did you end up getting into? Curious to hear
@NoRockinMansLand
@NoRockinMansLand 3 жыл бұрын
What kind of job do you do?
@christopherleinweber5455
@christopherleinweber5455 Жыл бұрын
Eel I really enjoy this investment banker series that he’s releasing its very informative and I can’t wait to see more of his videos
@TheBryanJun
@TheBryanJun Жыл бұрын
haha theres tons
@jaceyang3375
@jaceyang3375 3 жыл бұрын
Dude your voice has potential. Have you tried voice casting in spare time? Lol
@TheBryanJun
@TheBryanJun 3 жыл бұрын
That would be awesome- I'll look into it
@omkarsawant7933
@omkarsawant7933 3 жыл бұрын
😂😂😂😂
@kumarbhat8154
@kumarbhat8154 3 жыл бұрын
Yes. Seriously fab voice.
@donalee2677
@donalee2677 3 жыл бұрын
Srsly lol u should try it
@chrissiec2123
@chrissiec2123 3 жыл бұрын
@Alright Alright Alright I checked out Zach Gallardo based on your comment, and I like his voice just as much as Bryan's, but not better. I will say that Bryan's voice is the better version of James Charles' voice though.
@ozbanker
@ozbanker 2 жыл бұрын
Lol nice video. One comical experience I had was sitting in a Managing Director's office while he rattled off a bunch of things "to do" after 15 minutes of listening to him he asks me if I had completed one of the tasks already and I replied "how, I've been sitting in front of you ever since you asked me". Remembered that when you mentioned the impatience of not getting instant replies!!
@TheBryanJun
@TheBryanJun 2 жыл бұрын
Lmfao
@VedantsCorner
@VedantsCorner 3 жыл бұрын
"PE internships right after second grade" made me laugh ...
@TheBryanJun
@TheBryanJun 3 жыл бұрын
LOL
@gstaar4life
@gstaar4life 3 жыл бұрын
that killed me aswell LMFAO
@15v1c1
@15v1c1 3 жыл бұрын
most of my friends that have PE internships right after second grade are born in wealthy families. That makes it a lot easier to get in this roles because of the connections their family have
@mauricioalejandro74
@mauricioalejandro74 3 жыл бұрын
Damn that sucks. I’m so glad I dodged an investment banking job offer a few years back.
@javierjp8549
@javierjp8549 3 жыл бұрын
Y que decidiste hacer?
@thesuperfilms
@thesuperfilms 3 жыл бұрын
Finance is a waste of talent. All these smart people and all they do is make powerpoints.
@Doge4555
@Doge4555 4 ай бұрын
Without finance the world will disrupt, you dont know how many lives will be in danger if there is no finance
@nedhenry639
@nedhenry639 Ай бұрын
A lot of finance is more than just PowerPoint lol.
@chriswaldorf1560
@chriswaldorf1560 3 жыл бұрын
Excellent commentary and analysis. Fully agree that skills one gets are in finance and not really transferrable into other areas.
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Glad you enjoyed the video and agreed!
@jasonchen794
@jasonchen794 3 жыл бұрын
Software engineering > banking. IB is trash, I die a little everyday but feel cuffed to my job to support my family.
@MegaMsc123
@MegaMsc123 3 жыл бұрын
Definitely. I plan to go into software engineering (in final round of an interview stage at the moment) then after few years, I plan to switch to being a quant developer. Much better WLB while taking salary into account.
@TheTwizted
@TheTwizted 3 жыл бұрын
I see some people say the same about software engineering, still think it’s probably the better route overall though. Kinda over glorified by media and people who don’t know much about it but still great.
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Definitely pros and cons to both
@paul5324
@paul5324 3 жыл бұрын
Great video. I’m not in IB but I feel the same way about my job in actuarial consulting. All I’m passionate about is math...and not working through data I’m not interested about.
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Yeah but honestly no job can probably satisfy that passion for most people sadly
@lovelife655
@lovelife655 3 жыл бұрын
Great video, thanks for sharing the reality in a meaningful way. Not many people want to talk about the realities
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Glad you enjoyed it!
@14xx07
@14xx07 8 ай бұрын
Yesss the more we take time surrounding us in any industry that focuses on money, we live life with prolong stress that takes away from us as a human. 🙏
@Erick-tl6ll
@Erick-tl6ll 2 жыл бұрын
I believe when you talk this is traditional IBD i.e. M&A, restructuring. I havent seen the hours be that bad for ecm or dcm (since it's very little modeling). Also, I think levfin, project finance, syndication and loan sales can compensate at high levels with less time/stress. Corporate Banking is actually great too but IBD folks are more about the prestige of the title. I know some guys in their low 30s making over 250k and working 60-70 hours, pretty good. I know a few folks in their 40s making 350k working 40 hours. Pretty good trade off.
@ronyrubenvasquez4909
@ronyrubenvasquez4909 2 жыл бұрын
Started at BB in NYC and I can thankfully say I don’t experience any of this. Maybe the culture has changed? Or is changing. Still long hours but things are more chill, people are more understanding and work life balance is actually a thing everyone gets now!
@TheBryanJun
@TheBryanJun 2 жыл бұрын
great to hear I'm sure people actively thinking about it and the mass exodus during my year and below improved things
@dummgedaddelt
@dummgedaddelt 2 жыл бұрын
This video is very insightful, thank you :) I am currently studying Finance and want to get into the investment business but ultimately I aspire to found a Startup on my own, which does not need to be in the financial or Investment world but I would not exclude it. I see IB as a passion on one hand but also as a thing I have to do in order to gather experience, contacts, etc. on the other. Finance is actually something I really love but at the same time I don't want to limit myself if that makes sense. This video definitely got me thinking...
@BernardaJerkin
@BernardaJerkin 6 ай бұрын
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, I'm really just confused at this point.
@Jannie-yr4nc
@Jannie-yr4nc 6 ай бұрын
A lot of folks downplay the role of advisors 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.
@DellBriagas
@DellBriagas 6 ай бұрын
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?
@Jannie-yr4nc
@Jannie-yr4nc 6 ай бұрын
Just research the name Angela Lynn Shilling. You’d find necessary details to work with a correspondence to set up an appointment.
@DellBriagas
@DellBriagas 6 ай бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@aim-for-greatn3z947
@aim-for-greatn3z947 3 жыл бұрын
That's crazy I ALWAYS wanted to work in investment banking!! I invest in real estate, day trade, have a job and multiple business but I know for a fact the money made in banking is amazing! And for me coming from a struggling background I always wished to be in that industry unfortunately in too stupid!!
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Best of luck!
@indoorphine
@indoorphine Жыл бұрын
its been 7 years I quit banking and only recently shed the crippling sense of getting all tense to even think about that life. I started med school 6 years ago and feel purpose, meaning, something investment banking could never give me. the ONLY good thing about that job is that I can truly appreciate my life now
@德艺双馨比利周
@德艺双馨比利周 3 жыл бұрын
Bryan can you do a video on the trying-hard-to-get-into-ibd culture at colleges
@TheBryanJun
@TheBryanJun 3 жыл бұрын
LOL Ill probably get in trouble for this but I like this idea
@NWKastaways
@NWKastaways 2 жыл бұрын
@@TheBryanJun yay
@dAvrilthebear
@dAvrilthebear 3 жыл бұрын
It does take a lot of time to wear out. 4 years after a 3-year job at an Investment bank middle office -- I am still shrugging at hearing an e-mail notification and still generally burnt out. I still sometimes miss the excitement. But the hours and the stress were insane.
@anthonyp.7721
@anthonyp.7721 3 жыл бұрын
Hello sir, I am a junior in high school and I'm interested in investment banking, may I ask a few questions?
@dAvrilthebear
@dAvrilthebear 3 жыл бұрын
@@anthonyp.7721 I did middle office at FICC (Fixed Income Currencies and Commodities) for a Moscow/London investment bank. Not sure this is what you are interested in, but please ask if you are. FICC deals with derivatives, repos, buying and selling of fixed uncome securities. Not M&A or IPOs.
@anthonyp.7721
@anthonyp.7721 3 жыл бұрын
​@@dAvrilthebear Thanks for replying, yes I am interested in your experience with FICC. So it was pretty stressful as you mentioned, but after you left your 3 year job, do you feel the experience you gain was worth while? If you don't mind me asking, if you kept working in the business industry after you left that job, do you feel your experience in investment banking benefited you when you decided to start your next career or endeavor?
@dAvrilthebear
@dAvrilthebear 3 жыл бұрын
@@anthonyp.7721 It did help, but not directly. When you have a good brand name on your resume, it really helps during interviews. Plus I am still friends with a few of my former colleagues and my former boss. They work for diffetent banks now, so it's a network of connections and it helps with getting interviews with good employers further down the road. I went into commercial banking (specifically, international trade finance). It has very little to do with derivatives, of course, but experience in IB is respected elsewhere in the banking industry.
@anthonyp.7721
@anthonyp.7721 3 жыл бұрын
​@@dAvrilthebear Thank you for the info. Also, the more I research about investment banking, the more it sounds like something I would like doing, considering I enjoy unprofessionally researching companies in an attempt to buy stock in them and make a profit every now and then. Investment bankers do research and analyze companies, correct?
@14xx07
@14xx07 8 ай бұрын
These are reasons that changed my long term friend. They start placing themselves in effigy moral and life situations.
@scroogemcduckrich9705
@scroogemcduckrich9705 3 жыл бұрын
I just took a job as a commercial credit analyst.. hoping to learn so I can make money for myself
@TheBryanJun
@TheBryanJun 3 жыл бұрын
best of luck!
@ericstruan3647
@ericstruan3647 3 жыл бұрын
“I regret being a banker…..but I would do it again.” Doesn’t ring true.
@TheBryanJun
@TheBryanJun 3 жыл бұрын
!!
@maxstrong5362
@maxstrong5362 2 жыл бұрын
Golden handcuffs
@EM-mk8jk
@EM-mk8jk 3 жыл бұрын
i don’t think anxiety is the right word, more of an actual disorder. it’s more like just stress which can be good (eustress) or bad (distress) :) love your content, super valuable!
@rosline.87
@rosline.87 3 жыл бұрын
im on my research about who i want to become / career. And investment banker is in the list. there isn't lot of information about this field and i found yours which is really helpful. Thanks
@TheBryanJun
@TheBryanJun 3 жыл бұрын
happy to help!
@leonnalee2675
@leonnalee2675 2 жыл бұрын
Investing is super fun but working in finance for me was soul sucking. I did learn a lot though to make myself rich
@JG-en8bg
@JG-en8bg 2 жыл бұрын
You always have a decision, and you don't need to be special. You just decide.
@TheBryanJun
@TheBryanJun 2 жыл бұрын
I love being special though
@thex4716
@thex4716 8 ай бұрын
6:54 Private equity internship after second grade is facts
@mhenderson3407
@mhenderson3407 17 күн бұрын
Thanks for the video! It was great! I appreciate your insight and authenticity.
@danielwang4917
@danielwang4917 3 жыл бұрын
Hey Bryan, can we get a how to network and how to cold call and how to coffee chat video? Thanks
@Iliketocommentalot91
@Iliketocommentalot91 3 жыл бұрын
he made one
@TheBryanJun
@TheBryanJun 3 жыл бұрын
I have a video on this but maybe a revamped one for the new normal
@ichbinnilsroth
@ichbinnilsroth 3 жыл бұрын
Biggest advice one networking I can give is to not think of it as networking, have conversations with people you like, the rest will follow
@armaansanghavi8826
@armaansanghavi8826 2 жыл бұрын
If you can go back to college would you go into business or do something like computer science?
@TheBryanJun
@TheBryanJun 2 жыл бұрын
i kinda did both
@vitaminhead1465
@vitaminhead1465 2 жыл бұрын
Great perspective, you helped me make a decision, I’ve already had 2 mental breakdowns…so
@TheBryanJun
@TheBryanJun 2 жыл бұрын
Glad it helped, make sure to seek help if needed!
@xxxx-tb4de
@xxxx-tb4de 2 жыл бұрын
He is just starting and can always look for some other opportunity. What is the big deal?
@3llat
@3llat 2 жыл бұрын
This what happened to me!!! Thank you for sharing
@TheBryanJun
@TheBryanJun 2 жыл бұрын
Ofc!
@michaelkim3252
@michaelkim3252 3 жыл бұрын
Love hearing this perspective! Honestly, it still sounds heaps better than being an accountant... Sincerely, An accountant who thinks his job is 🤮
@TheBryanJun
@TheBryanJun 3 жыл бұрын
:( yeah heard accounting is rough
@jpot9803
@jpot9803 3 жыл бұрын
what kind of accounting job do you have?
@FinanceNinja
@FinanceNinja 3 жыл бұрын
Awesome video Bryan! The stress seems insane :(
@TheBryanJun
@TheBryanJun 3 жыл бұрын
thank you!
@cutiepiesam5682
@cutiepiesam5682 3 жыл бұрын
Luckily u regret..... If u don't then I will feel sad
@2brnaught2b
@2brnaught2b 2 жыл бұрын
do you think there are ANY careers in finance where people aren't miserable/unhappy?
@scooby7877
@scooby7877 2 жыл бұрын
Did you get your CFA?
@TheBryanJun
@TheBryanJun 2 жыл бұрын
nope
@NVishuddha
@NVishuddha 2 жыл бұрын
They will never pay you more than you make them. Be your own boss.
@TheBryanJun
@TheBryanJun 2 жыл бұрын
true
@ErlendOnYoutube
@ErlendOnYoutube 3 жыл бұрын
Thank you for telling us this brother.
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Glad you enjoyed!
@12345614465
@12345614465 3 жыл бұрын
sounds like getting into med school for me
@opinionnnn
@opinionnnn 4 ай бұрын
Dude there are two videos with same description just not is there ? You regret being a banker or not?
@sjflow4313
@sjflow4313 3 жыл бұрын
So what do you do now? A full time youtuber?
@TheBryanJun
@TheBryanJun 3 жыл бұрын
I work at a startup!
@jpot9803
@jpot9803 3 жыл бұрын
@@TheBryanJun doing what though?
@benknapp7317
@benknapp7317 3 жыл бұрын
Wise words my dude. Kudos and good luck
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Thank you!
@MrOsha7
@MrOsha7 3 жыл бұрын
Hey Bryan, Love the video, Im looking to take an online financial modeling course, do you have any recommendations on which should I choose, because Ive been recommended wall streep prep Thank you
@cryptobusy2972
@cryptobusy2972 3 жыл бұрын
Thanks for commenting,I will refer you to trade analyst and, accountant to make good income ,go more on digit asset's==+1....,7....,7....,2....,2....,4....,2....,5....,7....,9....,2
@kuryanthomas1438
@kuryanthomas1438 Ай бұрын
they do have better wl balance but coding is not something everyone can do. Definitely a unique skillset to have.
@zBMatt
@zBMatt 3 жыл бұрын
I think that if you want work life and compensation / prestige you should work in sales and trading.
@TheBryanJun
@TheBryanJun 3 жыл бұрын
S&T wasn't for me but def a good choice for others
@adamtownsend700
@adamtownsend700 3 жыл бұрын
Hi Bryan, Have you got any advice on how a student in a semi/non target university can improve their chances of getting into IB? (I’m in the UK)
@danielkhumalo6481
@danielkhumalo6481 3 жыл бұрын
Great question. I second this Bryan
@mattjenner1994
@mattjenner1994 3 жыл бұрын
are you a graduate? best bet is probably get into the corporate finance division of a MM bank as an off cycle analyst or even look at some top 10 accountancy firms. then from there look to lateral to a full service IB after 2 years. if still at uni then apply to every single internship under the sun and maybe after 30 applications you might just land one. good luck with it (ex banker now living the sweet corp dev life)
@British_loyalist
@British_loyalist Жыл бұрын
Mate your videos are amazing.
@joemute2246
@joemute2246 3 жыл бұрын
Would you say that going to a liberal arts college made recruiting and networking harder? I’m going to Middlebury and don’t really know how it compares to other more well known schools in terms of that
@TheBryanJun
@TheBryanJun 3 жыл бұрын
video coming next week!
@brandenmoreno6240
@brandenmoreno6240 3 жыл бұрын
What should I major in to become a investment banker analyst?
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Probs finance to be safe but honestly anything
@Frost-1209
@Frost-1209 2 жыл бұрын
You are working 85 hours a week and you earn 150k annually. Isn't this what you wanted as an IB banker? One of my family members works as CEO/MD 110 hours a week for the past 20 years since his starting year at one of the most elite boutiques IB banks and has made 3 million annually by now. Although he takes only 2 weeks as a vacation off from the work annually, he is a workaholic and happy. He is a GWU graduate and an NYU Stern MBA holder. He is an extreme introvert but only poses an extrovert only in the workplace. He worked in Kidder Peabody and Salomon Brother as VP for several years before joining the elite boutique IB bank mentioned above.
@r.e.dbeefs6855
@r.e.dbeefs6855 Жыл бұрын
2 weeks off all year??? Fucking hell what’s the point of having millions of u have 14 days a year to use it?
@abicortez6031
@abicortez6031 3 жыл бұрын
Wow bryan..i'm still in IB and so far not yet thinking of leaving, but i can totally relate to EVERY SINGLE thing you tried to explained. And now it's surprising to realize, wow I work with other analysts/associates everyday but we never talked about these?? Just wondering, did you have a chance to share these with your colleagues before?
@accountsequity5587
@accountsequity5587 3 жыл бұрын
How big is your firm?
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Always important to have discussions on why we do things we do - and definitely have shared this with colleagues before
@OiVinn-eq1ml
@OiVinn-eq1ml 3 жыл бұрын
Don't all jobs come with some anxiety? Obviously not as high as doctors, surgeons, etc.
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Yeah this is a good point actually it's more about the variance in anxiety
@mbank3832
@mbank3832 2 жыл бұрын
I can't even enjoy my consecutive leaves anymore, since you know work are piled up, waiting for your to clean up once you are back. You are lucky if your coverage is decent, if not, you will immediately being questioned about something that you didn't do by management, but you can't say you didn't do it just because you have to put on this "team player" mask
@RealGcult
@RealGcult 3 жыл бұрын
Mans voice is deeper than Mariana trench
@TheBryanJun
@TheBryanJun 3 жыл бұрын
hahahahahahahahahahaahahh
@_hahahahahha
@_hahahahahha 2 жыл бұрын
what role do you work now? (after banking)
@michaelellis4292
@michaelellis4292 3 жыл бұрын
For someone going into finance that wants a good job but doesnt want the IB toxicity what fields would you suggest we look into instead of IB?
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Maybe corp dev roles or like strategic finance
@konstantinradu4399
@konstantinradu4399 3 жыл бұрын
My dad is a retail banker I’d like to be a business analyst in a IB I’m not sure if schedule is still 80-90 hours weekly. I knew about JP Morgan and other like GS that have many hours as mentioned above. But especially in M&A or private equity research and less hours in sales and trading. Anyway I’d considered being a quant as i started to write codes and algotrading. How is their condition about business analysts in these firms?
@TheBryanJun
@TheBryanJun 3 жыл бұрын
I'm not sure if "business analysts" are a core function at banks - perhaps in their internal corp dev functions?
@konstantinradu4399
@konstantinradu4399 3 жыл бұрын
Probably I’d be a external technician working as a data analyst and not IB related I mean not in the core activity of IB operations or M&A
@amitkp6957
@amitkp6957 3 жыл бұрын
Instead of having one analyst working 100 hours a week, I would have 2 of them working 60 hours a week giving a 25-30% less pay to each. Would get lot more quality inputs and research than horrendously worked up guy barely able to walk out of being tired.
@cryptobusy2972
@cryptobusy2972 3 жыл бұрын
Thanks for commenting,I will refer you to trade analyst and, accountant to make good income ,go more on digit asset's==+1....,7....,7....,2....,2....,4....,2....,5....,7....,9....,2
@jpot9803
@jpot9803 3 жыл бұрын
I always wonder why banks don't adopt that model. I've never worked in IB but it seems to be a toxic culture almost on purpose to perpetuate a stereotype
@codyolson6893
@codyolson6893 2 жыл бұрын
There’s confidential reasons for keeping teams small. The clients (fortune 500 executives) want a ton of work done quick and don’t want the financials leaked before the deal is finalized.
@BC---vi8le
@BC---vi8le 3 жыл бұрын
How u sit at the screen for 12 hrs and still don't have specs bro
@TheBryanJun
@TheBryanJun 3 жыл бұрын
I do have glasses just trying to look less nerdy for the camera!
@BC---vi8le
@BC---vi8le 3 жыл бұрын
@@TheBryanJun oh god😂
@priyenshah5850
@priyenshah5850 3 жыл бұрын
If you think this is bad, try working for customer service BPO and survive with their stupid KPIs for 2 years.
@TheBryanJun
@TheBryanJun 3 жыл бұрын
KPI's are stressful forsure
@priyenshah5850
@priyenshah5850 3 жыл бұрын
@@TheBryanJun yeah man plus BPOs keep logic out the door when they work.
@Josh-mo3ou
@Josh-mo3ou 3 жыл бұрын
Seriously bro your voice is great lol
@TheBryanJun
@TheBryanJun 3 жыл бұрын
HAHA thanks I'm trying to embrace it
@AlpacaCheese
@AlpacaCheese 3 жыл бұрын
Great video, couldn’t agree more
@TheBryanJun
@TheBryanJun 3 жыл бұрын
thanks so much!
@brentfisher8366
@brentfisher8366 3 жыл бұрын
Great video. Makes some very valid points
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Thank you!
@Jimothy-723
@Jimothy-723 Жыл бұрын
operations management represent. best job i ever had.
@just_christian
@just_christian 2 жыл бұрын
Meanwhile here I am trying to get into this career. Watching other people talk badly about it really just irks me. Wish we can trade places.
@jefking2158
@jefking2158 2 ай бұрын
Which uni did you go
@amalsoo6596
@amalsoo6596 3 жыл бұрын
Awesome video as usual!
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Thanks so much!
@justthefacts4216
@justthefacts4216 3 жыл бұрын
Translation: I was young and wasted all my money on strippers, on-line gambling & Pokemon cards
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Definitely pokemon cards!
@thomasdasilva2399
@thomasdasilva2399 3 жыл бұрын
A true man of culture and values.
@rossfriedman6570
@rossfriedman6570 2 жыл бұрын
If you could fix one problem in the world, what would it be?
@TheBryanJun
@TheBryanJun 2 жыл бұрын
loneliness
@davontawilliams3958
@davontawilliams3958 2 жыл бұрын
I’m 22 and still in community college 😢
@Rudenbehr
@Rudenbehr Жыл бұрын
nothing wrong with that as long as you transfer and don’t stay there
@benis3473
@benis3473 3 жыл бұрын
what career path are you pursuing now?
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Working for a startup!
@valeriyabrechko4100
@valeriyabrechko4100 3 жыл бұрын
I did not expect this video
@TheBryanJun
@TheBryanJun 3 жыл бұрын
hope you enjoyed it!
@chrissprague4025
@chrissprague4025 2 жыл бұрын
what do you do now?
@TheBryanJun
@TheBryanJun 2 жыл бұрын
I sell NFTs
@jackperry6269
@jackperry6269 3 жыл бұрын
great content!!
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Thanks!!
@manikantadream2360
@manikantadream2360 3 жыл бұрын
Other than investment banker...can you suggest best jobs in finance with better work life balance
@theelitecombine1715
@theelitecombine1715 3 жыл бұрын
PE associate, VC associate, asset managment and to a certain amount senior analyst roles at HF.
@TheBryanJun
@TheBryanJun 3 жыл бұрын
agreed with the above!
@manikantadream2360
@manikantadream2360 3 жыл бұрын
@@theelitecombine1715 Thank you bryan
@johnliu5520
@johnliu5520 3 жыл бұрын
are you from irvine? i noticed on ur linkedin that ur from a school in California?
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Yup!!!
@asvprvsa954
@asvprvsa954 3 жыл бұрын
@@TheBryanJun hmm I’m from Jersey and will be attending college in Jersey but my desire to work as an investment banker is in your area lol. My question is : Will I have to find job over there on my own or will college help me link to them so I could start the process ? I have no idea how that works.
@candiceontheway4073
@candiceontheway4073 3 жыл бұрын
Also applicable to Sales &Trading, sigh
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Truth
@magaliedewaele7814
@magaliedewaele7814 3 жыл бұрын
love you bryan
@TheBryanJun
@TheBryanJun 3 жыл бұрын
Yeeeeeeet
@born2serve92
@born2serve92 3 жыл бұрын
Spot on- leave asap and go to strategic finance, PE or corp dev :)
@swayfitness5777
@swayfitness5777 3 жыл бұрын
I don't believe this title.
@TheBryanJun
@TheBryanJun 3 жыл бұрын
I have both variants as videos!
why I'm leaving Investment Banking
18:55
The Bryan Jun
Рет қаралды 111 М.
Funny & Absurd Stories from my Investment Banking Career
8:51
The Bryan Jun
Рет қаралды 87 М.
What type of pedestrian are you?😄 #tiktok #elsarca
00:28
Elsa Arca
Рет қаралды 27 МЛН
Motorbike Smashes Into Porsche! 😱
00:15
Caters Clips
Рет қаралды 23 МЛН
Ice Cream or Surprise Trip Around the World?
00:31
Hungry FAM
Рет қаралды 18 МЛН
Why Looking Poor Is Important
8:22
Nischa
Рет қаралды 1,6 МЛН
Why Do Bankers Tolerate the Long Hours?
14:22
rareliquid
Рет қаралды 98 М.
Managing Client Relationships as an Investment Banker, Lawyer or Consultant
17:57
University of Virginia School of Law
Рет қаралды 1,3 МЛН
Revealing my BANKER SALARY for the first time
9:47
Nischa
Рет қаралды 765 М.
What do investment bankers actually do?
9:12
Good Work
Рет қаралды 1,9 МЛН
Investment Banking Analyst - What I LITERALLY Do
13:04
The Bryan Jun
Рет қаралды 181 М.
Do Investment Bankers REALLY Work 100 Hour Weeks?
7:54
The Bryan Jun
Рет қаралды 32 М.
Your Problem Is That You Think Everyone In Banking Is Rich
12:55
Afzal Hussein
Рет қаралды 28 М.
"The Making of an Investment Banker," With Jim Donovan
19:03
University of Virginia School of Law
Рет қаралды 787 М.
What type of pedestrian are you?😄 #tiktok #elsarca
00:28
Elsa Arca
Рет қаралды 27 МЛН