Investment Banking vs. Management Consulting Pay! (Salaries, Bonuses, Perks, and More)

In this video, I discuss compensation for investment banking and management consulting.
🖥️Wall Street Prep🖥️
► Use code RARELIQUID for 20% OFF on any course!
► gv142.isrefer.com/go/rliquid/...
💧rareliquid💧
► My Business School Apps: rareliquidcareers.com/
► Sign up for my future MBA course: forms.gle/9yEyycuP7NnQBjue8
► My investing channel: / rareliquid
► My free daily investing newsletter: www.rareliquidnews.com/
🧑‍🎓Career Resources👩‍🎓
► Buy the resume + cover letter that got me into JPM: rareliquidcareers.com/
► Wall Street Prep (Use code RARELIQUID for 20% OFF!): gv142.isrefer.com/go/rliquid/...
► TTP - The BEST GMAT prep resource: targettestprep.referralrock.c...
► Books I recommend: amzn.to/3gy28xv
► My filming equipment: a.co/cf97WjW
🎥Related Videos🎥
How I'm Preparing for my MBA at Wharton: • How I'm Preparing For ...
Interview with a Morgan Stanley Banker: • What's It Like Working...
Interview with a BCG Consultant: • How to Break Into Mana...
Investment Banking Industry Overview: • The BEST Beginner's Gu...
Management Consulting Industry Overview: • The Ultimate Beginner'...
A Week in the Life of an Investment Banking Analyst: • A Week in the Life of ...
Revealing My Toughest Banking Experiences: • Revealing My TOUGHEST ...
⏱Timestamps⏱
0:00 - Introduction
0:39 - Investment Banking Compensation
3:48 - Best Resource to Prepare for Banking Recruiting
4:57 - Management Consulting Compensation
7:32 - Comparing the Two
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
📱Interact With Me📱
► Instagram: / rareliquid
► Twitter: / rareliquid
► TikTok: / rareliquid
► LinkedIn: / ben-chon-8b0ba34a
► Business Inquiries: ben@rareliquid.com
🔎Disclaimer🔎
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.

Пікірлер: 47

  • @rareliquidcareers
    @rareliquidcareers2 жыл бұрын

    If you're interested in investment banking recruiting, I highly suggest the courses by Wall Street Prep! The premium financial modeling course in particular will really help you gain a solid understanding of key concepts like comps, DCFs, accretion dilution, LBOs, and more. You can always learn about these topics through the existing guides out there but that course you'll actually be building models and putting theory into practice which will help you better understand technicals and answer those questions during interviews. Use my code RARELIQUID for 20% OFF on any course! Here's the link to their site - gv142.isrefer.com/go/rliquid/rareliquid/

  • @noseface8807

    @noseface8807

    2 жыл бұрын

    I am taking the premium course in WSP. Too bad that I can’t use the 20% off code. But it is true that the course is really helpful to understand the technicals.

  • @lachlanlancaster1952
    @lachlanlancaster19522 жыл бұрын

    Great video. Really loving the videos. Thanks for all the help!

  • @rareliquidcareers

    @rareliquidcareers

    2 жыл бұрын

    no prob! glad it's helpful

  • @rajon7231
    @rajon72312 жыл бұрын

    Your videos are really helpful considering career path. Always thanks a lot!

  • @rareliquidcareers

    @rareliquidcareers

    2 жыл бұрын

    glad to hear that!

  • @JayNarayanan
    @JayNarayanan2 жыл бұрын

    Great video, Ben! Amazing to see how you've improved in editing videos.

  • @rareliquidcareers

    @rareliquidcareers

    2 жыл бұрын

    thanks! although my editor edits everything haha

  • @cadenpok236
    @cadenpok2362 жыл бұрын

    Hi Ben! I love your videos! Would you be willing to make a video on sales and trading? Thanks!

  • @rareliquidcareers

    @rareliquidcareers

    2 жыл бұрын

    Sure thing!

  • @andytingey

    @andytingey

    2 жыл бұрын

    You don’t need to know everything about the financial markets and crypto trading before actually starting to earn and learn from the comfort of your home. I’m so grateful to mentor ashley he helped me recoverd 11-25% of my crypto portfolio during these dip.

  • @Kazakhwoman
    @Kazakhwoman Жыл бұрын

    Thank you🎉🔥🔥

  • @mjt_00
    @mjt_00 Жыл бұрын

    What do they prefer? A master in finance and directly associate or undergraduate/bachelor degree and start as analyst?

  • @YasinNabi
    @YasinNabi2 жыл бұрын

    every small habit can be the start of a big change in life.....

  • @arijit.Bhowmik_aj
    @arijit.Bhowmik_aj8 ай бұрын

    is there a pay diffrence from geograpicg locations ? asking for SIngpaore to us pay difference

  • @highlighthouse1699
    @highlighthouse16992 жыл бұрын

    How much money goes to ur pocket co Pared to the money ur forced to invest or put in equity

  • @riccardovianello7710
    @riccardovianello7710 Жыл бұрын

    Is the salaries in Switzerland near to that?

  • @jackperry6269
    @jackperry62692 жыл бұрын

    Your videos are great

  • @rareliquidcareers

    @rareliquidcareers

    2 жыл бұрын

    thanks!

  • @jackperry6269

    @jackperry6269

    2 жыл бұрын

    @@rareliquidcareers can you do a video on start-ups for undergraduates and graduates? A guide to getting in and what to expect. Also could you do a video for tech graduates? Interested in learning about getting in, experience, salary at google, palantir etc.

  • @barryaherne215
    @barryaherne2152 жыл бұрын

    In b4 this hits 200k!

  • @rareliquidcareers

    @rareliquidcareers

    2 жыл бұрын

    hope so~

  • @PiteroZaur
    @PiteroZaur2 жыл бұрын

    Could you do the same comparison for hedge funds and private equity funds?

  • @rareliquidcareers

    @rareliquidcareers

    2 жыл бұрын

    can try! but usually hard to find data for comp figures as it's way more variable for buy side firms vs. consulting and banking which are much more structured

  • @PiteroZaur

    @PiteroZaur

    2 жыл бұрын

    @@rareliquidcareers pls try ;)

  • @andytingey

    @andytingey

    2 жыл бұрын

    @@PiteroZaur The financial market is very bearish at this moments and investors are likely to lose profits well I feel blessed to be trading on the best automated platform ever. Expert Ashley is just like a God in the crypto world he help me earn 14-29 % profits even when the market is bearish he keeps coming through.

  • @therearenofactsonlyinterpr3780
    @therearenofactsonlyinterpr37802 жыл бұрын

    I was earning X when I was working in big international consulting firm now I am a mere freelancer,, work 20-30% less compared to my time in the firm... but able to earn 2X *consulting = glorified underpaid job*

  • @rareliquidcareers

    @rareliquidcareers

    2 жыл бұрын

    that's great! consulting can be a great stepping stone to provide the skillsets for other opportunities, potentially like your current freelancing role and my youtube channels which earn me more with less hours and my own lifestyle. so all in all, banking was worth it for me

  • @mileslee9844
    @mileslee98442 жыл бұрын

    Bain base is $100 K not $90 K

  • @nathanluo3822
    @nathanluo3822 Жыл бұрын

    Are these compensation before tax or after tax? What would be the tax rate for investment banking?

  • @chuatianwan403
    @chuatianwan4032 жыл бұрын

    hi Ben, thx for video! definitely learnt a lot of wats the expected life as an investment banking analyst! Would like to ask if there's any chance for Malaysians that don't have degree in top 10-25 universities in US to actually get into the job? (I got my undergraduate in Universiti Malaya, Malaysia's leading uni) Recently I've gotten application update of interview in progress for jpmorgan & goldman, though still waiting now for next stage, hope to hear from u soon!

  • @rareliquidcareers

    @rareliquidcareers

    2 жыл бұрын

    hm not sure what it's like in malaysia sorry :/ wish you the best of luck though!

  • @andytingey

    @andytingey

    2 жыл бұрын

    You can actually dive into crypto trading it’s more profitable and you can work from the comfort of your home to earn 11% -20% of your portfolio.

  • @bobbobby7749
    @bobbobby77492 жыл бұрын

    Sorry but I think you’re way too biased towards the “1A” bulge brackets. Almost anyone serious about finance/IB regards the top EBs (evercore, Pjt, centerview) as more prestigious and better quality than JPM, Morgan Stanley, and even some groups at Goldman

  • @rareliquidcareers

    @rareliquidcareers

    2 жыл бұрын

    i just separated them as top 3 bulge bracket banks and then top tier boutiques. i know many take boutiques over the top 3 (while few would in consulting where MBB is much more in its own class). thanks for pointing this out though!

  • @francescomorgante1496
    @francescomorgante14962 жыл бұрын

    These would by in a city like NYC right?

  • @rareliquidcareers

    @rareliquidcareers

    2 жыл бұрын

    SF, NY, LA will pay like these. other satellite offices may pay a bit less but will be around the same ballpark if not the same across the US

  • @francescomorgante1496

    @francescomorgante1496

    2 жыл бұрын

    @@rareliquidcareers thanks, great content! Nice to see you are also answering questions promptly!

  • @saptarshidassss271
    @saptarshidassss2712 жыл бұрын

    How will be ACCA before MBA finance ???? And what's the salary of ACCA in usa ?

  • @hehe-zt4zy

    @hehe-zt4zy

    2 жыл бұрын

    please answer

  • @rareliquidcareers

    @rareliquidcareers

    2 жыл бұрын

    have no idea what ACCA is sorry

  • @hehe-zt4zy

    @hehe-zt4zy

    2 жыл бұрын

    @@rareliquidcareers really

  • @darshitshah7095
    @darshitshah70952 жыл бұрын

    Is CFA worth pursuing in today’s times ?

  • @Leven727

    @Leven727

    2 жыл бұрын

    i’m wondering that too

  • @rareliquidcareers

    @rareliquidcareers

    2 жыл бұрын

    depends what your goals are but for banking / consulting it's not necessary

  • @lskknl10

    @lskknl10

    2 жыл бұрын

    no. mba is better

  • @Leven727

    @Leven727

    2 жыл бұрын

    @@lskknl10 y

Келесі