The Reality Of Investment Banking - Harsh Parikh, Ex-Director-IB, DSP Merrill Lynch - Part 1

In this video, Harsh Parikh, CA, Co-Founder at DRiefcase, Ex-Director - Investment Banking at Bank Of America Merrill Lynch, IIM Bangalore grad talks about his passion for investment banking and making big bucks. He also tells us about his experience studying at IIM Bangalore.
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(This is Part 1 of the video series featuring Harsh Parikh)
Check out Part 2 of Harsh Parikh's talk here - bit.ly/30TaaGv
and Part 3 of Harsh Parikh's talk here - bit.ly/2ZfNUGy
Summary of the video
Harsh takes us through his decade long career in investment banking and tells us about just how he got a kick from working in M&A. He shares how working in an investment bank is a high paying job, where you can earn up to a 100,000 USD (about 70- 80 Lakhs INR) in a year. He tells us how ‘Suits’ and all those other shows portraying investment bankers are essentially false. He shares the reality of investment banking, it being an intensive career, with long work hours that requires focus and commitment. He shares how a Mike Ross never really happens because a fresher has to put his head down and learn IB on the job.
He shares fond memories of studying at IIM Bangalore. He talks about how projects only started late nights right before the submission day. He talks about participating in extracurricular activities and how it was one of the best times of his life.
If you want to know the reality of investment banking, this video is a must-watch for you.
Key Takeaways
1. Your profile may change drastically every 3 years in a finance job.
2. There’s a lot of on your feet thinking that is required in finance.
3. An MBA is not a school; It is to prepare you for real life.
4. To watch how CEOs of large corporations think, that’s a kick out of investment banking.
5. You may get big bucks in investment banking; but also have to work long hours.
#BankOfAmerica #IIMBangalore #InvestmentBanking #Finance
#BAML
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You can also watch:
Marketing Will Be An Engineering Function In The Future - Anuraag Gupta - Part 1 here - bit.ly/2ZUhW2k
Life As A Consultant At BCG India - Seema Bansal - Part 3 here - bit.ly/2I018kk
Your Burning Ambition In Life Should Not Be To Be Manager At An MNC - Kenneth Serrao - Part 2 here - bit.ly/2RQLriO

Пікірлер: 430

  • @InsideIIMKonversations
    @InsideIIMKonversations2 жыл бұрын

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  • @bhanujchowdhary3741
    @bhanujchowdhary37413 жыл бұрын

    It's good to see Robin from Mirzapur, chalo yeh bhi sahi hai

  • @soumyaranjansahoo7093

    @soumyaranjansahoo7093

    3 жыл бұрын

    😂😂 Even I thought the same

  • @piyushsomani6750

    @piyushsomani6750

    3 жыл бұрын

    Arey bc😂😂😂

  • @hayasyed31

    @hayasyed31

    3 жыл бұрын

    Yeh bhi theek h!

  • @priyapandey8486

    @priyapandey8486

    3 жыл бұрын

    😂😂😂😂 sahi hai

  • @abhialoni3537

    @abhialoni3537

    3 жыл бұрын

    Exactly

  • @omkargaddamwar3073
    @omkargaddamwar30734 жыл бұрын

    When you are doing CA you are only doing CA 😂😂 Relatable enough.

  • @Natalia-cm8ez

    @Natalia-cm8ez

    4 жыл бұрын

    This hit me hard too lol

  • @ANONYMOUS-wc5fq

    @ANONYMOUS-wc5fq

    4 жыл бұрын

    @@Natalia-cm8ez yea bruh

  • @pratikpatil6342

    @pratikpatil6342

    3 жыл бұрын

    Hahahaha....yes 😂

  • @ajityadav7555

    @ajityadav7555

    3 жыл бұрын

    Quite relatable.....😔

  • @sauravaryal5060
    @sauravaryal50605 жыл бұрын

    An unique kind of content on KZread. Mr. Harsh has a real aura of calmness around him. Maybe it is due to his so many years of grinding in IB.

  • @InsideIIMKonversations

    @InsideIIMKonversations

    5 жыл бұрын

    Thanks, Saurav. Glad you liked the video. Have you seen the other two Parts of Harsh Parikh's talk? If not you can watch Part 2 here - bit.ly/30TaaGv and Part 3 here - bit.ly/2ZfNUGy

  • @manishpuri5875

    @manishpuri5875

    4 жыл бұрын

    Hey Stinky, Exam is near so please concentrate on your syllabi.

  • @nickraja17
    @nickraja173 жыл бұрын

    I worked for 2.5 years at dalaal street. Best way to invest is not by looking at fundamentals but to invest on the people who run that company

  • @enhancedtrading8313

    @enhancedtrading8313

    3 жыл бұрын

    Sectors*

  • @shivamPandey-ku5eu
    @shivamPandey-ku5eu5 жыл бұрын

    One of the best video of inside IIM Non-engineer🔥 Investment Banking🔥

  • @InsideIIMKonversations

    @InsideIIMKonversations

    5 жыл бұрын

    Thanks, Shivam. Our quest is to cover all kinds of content. You might also be interested to check out some Inspirational (against all odds) stories here - bit.ly/2R4L6sw

  • @abhishekbal399

    @abhishekbal399

    4 жыл бұрын

    And you are wowed. Well that is what on sale is.

  • @debayanroy5434

    @debayanroy5434

    4 жыл бұрын

    Your 39th like was from an engineer 😊

  • @chetasbn5818

    @chetasbn5818

    2 жыл бұрын

    In her channel she does not talk abt the entire process. I don't think so investment bankers have to work more than 10 hours daily

  • @ShubhamKumar-bo7vj
    @ShubhamKumar-bo7vj4 жыл бұрын

    Its nice to see a CA sitting there.

  • @InsideIIMKonversations

    @InsideIIMKonversations

    4 жыл бұрын

    Hi Shubham, We'd invite one more speaker who's a CA, MBA and Poker Champion by profession in our Konversations cafe - Pre-MBA Social 2019. You can check out his video here - Why I Chose To Play Poker After CA & MBA - Deepak Bothra - Part 1 here - bit.ly/2XrLCqb

  • @washfi

    @washfi

    4 жыл бұрын

    @@InsideIIMKonversations ...in the end luck beat everything......in capital market....nobody knows future.....

  • @shubhamsharma2877

    @shubhamsharma2877

    3 жыл бұрын

    I can see humans not degrees

  • @ShubhamKumar-bo7vj

    @ShubhamKumar-bo7vj

    3 жыл бұрын

    @@shubhamsharma2877 Right Bhai

  • @apramit

    @apramit

    3 жыл бұрын

    @@washfi no that's a wrong perspective I suppose . U can't predict capital market but when you are from the field you are likely to read the market way better than a doctor maybe .

  • @suhailmehdi6437
    @suhailmehdi64373 жыл бұрын

    I thought this was Robin from Mirzapur 2 who is talking about Investment Banking

  • @InsideIIMKonversations
    @InsideIIMKonversations2 жыл бұрын

    🚀Unlock the power of data with key data analytics & visualization skills and tools. Learn from 40 Under 40 Analytics professional, get to work on multiple Live Projects and learn tools like Power BI, Tableau and Knime. Check out AltUni’s Data Analytics with Power BI program - bit.ly/3ABTHMf 🚀 Learn Product Management concepts, get real-life industry exposure & interview tips from Product Managers of Booking(dot)com & other top companies in AltUni’s Advanced Product Management Program, rated 4.6 / 5! Check out the program here & get early access with exciting discounts - bit.ly/3nyQoNS 👉🏾 To propel your career forward with peer-based learning, industry interactions and exclusive job prospects, check out Klub AltUni here - bit.ly/3vcvmcF 👉🏾 Check out more details about AltUni here - bit.ly/3rQr6xc

  • @amanmanwani1
    @amanmanwani12 жыл бұрын

    8:04 talk to seniors, talk to people around you. One of the best advice.

  • @churchym9203
    @churchym92033 жыл бұрын

    Very very useful, this session. Thank you @InsideIIM for bringing this to us.

  • @InsideIIMKonversations
    @InsideIIMKonversations5 жыл бұрын

    Also, check: As An Entrepreneur, You Cannot Have Ego - Harsh Parikh - Part 2 here - bit.ly/30TaaGv How To Network Like An Investment Banker? Harsh Parikh - Part 3 here - bit.ly/2ZfNUGy Read more stories about Investment Banking here - bit.ly/2YgUwmw You can also read stories about IIM Bangalore here - bit.ly/2ZmHhlt

  • @AkashSharma-md2io

    @AkashSharma-md2io

    3 жыл бұрын

    As a society we have to stand up against various misconceptions present in society and visiting skin doctors or dermatologists for acne and pimples is one of biggest misconception present among teenagers as mostly teenagers think antibiotics and cosmetic products is the solution for acne and pimples whereas I am trying my best to inform more and more adolescents about how to cure acne completely with just lifestyle changes as only lifestyle changes can eradicate acne and pimples completely so their is no need to visit dermatologists as many adolescents today are choosing path of antibiotics and cosmetic products which have negative implications in long run over their health so please help me in reaching as many teenagers and their parents through below provided information so that their health and money can be saved and there will be overall awareness regarding this issue, Have a look on below provided information and please share this information among teenagers and their parents as much as you can Answer to Can ayurvedic treatment cure acne? by Akash Sharma www.quora.com/Can-ayurvedic-treatment-cure-acne/answers/135075853?ch=3&share=6ff82cf5&srid=5B1RI

  • @niolaranger4682

    @niolaranger4682

    3 жыл бұрын

    Q

  • @niolaranger4682

    @niolaranger4682

    3 жыл бұрын

    @@AkashSharma-md2io qq

  • @niolaranger4682

    @niolaranger4682

    3 жыл бұрын

    @@AkashSharma-md2io qq

  • @ryanmark2475

    @ryanmark2475

    3 жыл бұрын

    Trading crypto currency is also a nice way to invest $1000 and change your life.

  • @kamanasishnandi7869
    @kamanasishnandi78693 жыл бұрын

    Really like that calm attitude of Harsh.. Very soft and sounds honest..

  • @jayshah6029
    @jayshah60295 жыл бұрын

    Thank you so much InsideIIM - Konversations for sharing this kind of session. People like us who aimed for it but couldn't get into the IIM. they are learning so many things from this small talks only. Keep sharing Thank you once again

  • @InsideIIMKonversations

    @InsideIIMKonversations

    5 жыл бұрын

    Thanks, Jay. So glad and happy to hear this :D Have you seen the second part of Harsh Parikh's video? If not you can watch Part 2 here - bit.ly/30TaaGv

  • @Destiny-hm3fy

    @Destiny-hm3fy

    3 жыл бұрын

    Bro where are you

  • @ByzantineCapitalManagement
    @ByzantineCapitalManagement4 жыл бұрын

    Margin Call was quite acurate in depicting Investment Banking in real life.

  • @anshulb6128

    @anshulb6128

    3 жыл бұрын

    True

  • @spandan9565

    @spandan9565

    2 жыл бұрын

    The old wall st

  • @satvikshetty
    @satvikshetty3 жыл бұрын

    He is so articulate my god

  • @siddharthnandi8567
    @siddharthnandi85673 жыл бұрын

    I don't get the stigma around high salaries in Investment banking, they are not feasible for a stable life in financial centres. Forget living abroad and working for a big investment firm means sacrificing your 20s. You'll be living in the financial district where rents are 50% of your income. You will NEED to live in the centre, you need to be in the office by 6 every day, forget living anywhere else and making it on time every day. Sometimes you need to be there for clients at 3 AM and run to the office. It is a HECTIC life. I worked as an analyst for an investment bank for 5 years and then I joined a hedge fund. I had to sacrifice my best life because i was already in love with finance and numbers. If you are here just for the money, go somewhere else.

  • @bloodsoccer1012

    @bloodsoccer1012

    3 жыл бұрын

    What are your qualifications and how to join a firm as an analyst? Also, if i may know, what was your job profile?

  • @tradeblog8713

    @tradeblog8713

    3 жыл бұрын

    Siddharth Nandi my dream job IB

  • @anubhavguha6588

    @anubhavguha6588

    3 жыл бұрын

    All this comes when you earn 4-5 huge bonuses and then you think is it really worth it .

  • @Droidzonegamer

    @Droidzonegamer

    2 жыл бұрын

    So it would be better to create a limit how much money do you need to leave IB and then take time to pursue something other. Many times overachievers who get into IVY league B schools directly after UG and then get High paying jobs at 20-21 years of age spend their 20s making crores. The other half of the people who are medium performers and underachievers spend their 20s working low pay entry level or mid management jobs and figuring out their liking so that they can start a business or join a profession to earn good money in their 30-40s onwards. Think which life would you want.

  • @narinderkumar9375

    @narinderkumar9375

    2 жыл бұрын

    Hi sidharth, any scope as independent Investment banker in gurgaon. If possible then how to connect to concerned clients any platform seminar get together in around delhi gurgaon. Please guide am 57 yrs now retired. Tnx

  • @Aditya19012
    @Aditya190123 жыл бұрын

    Successful people somehow are very down to earth while less successful try to show off

  • @p4k8g5i7
    @p4k8g5i75 жыл бұрын

    Enlightening insights and perspectives by Mr. Harsh Parikh, A Grand Kudos to 'InsideIIM - Konversations' team for making this happen. Seek and you shall get it.

  • @InsideIIMKonversations

    @InsideIIMKonversations

    5 жыл бұрын

    Thanks, so happy to hear that :D Have you seen the other two parts of his video series? If not, you can watch Part 2 here - bit.ly/30TaaGv and Part 3 here - bit.ly/2ZfNUGy

  • @satvikshetty
    @satvikshetty4 жыл бұрын

    This was an awesome interview

  • @RajPatil-rj2dv
    @RajPatil-rj2dv3 жыл бұрын

    His voice is very sweet... Best communication skills...

  • 5 жыл бұрын

    People need to get past thinking about being employees. Of course, entrepreneurialism is not for everyone, but this default setting of being an employee in an ever changing digital world with artificial intelligence, is going to leave many people far behind. It's time to starting thinking differently.

  • @trifeccta
    @trifeccta3 жыл бұрын

    Great insights.

  • @sirdon3985
    @sirdon39853 жыл бұрын

    Didn't know Robin (from Mirzapur Season 2) was an investment manker in real life. Kudos to the guy !

  • @satishKumar-ke5ir
    @satishKumar-ke5ir4 жыл бұрын

    Hi sir I am satish Kumar. Presently i am pursuing cma(india) course can I have career in investment banking. Please suggest

  • @mdaftab7137
    @mdaftab71374 жыл бұрын

    The communicator on InsideIIM till now.

  • @harshgangurde7616
    @harshgangurde76162 жыл бұрын

    This video made me start to do things from scratch againin allyopics oflife 🙏🏻

  • @mohammadakibnawaz4321
    @mohammadakibnawaz43215 жыл бұрын

    This was the single best description of IB ever. I can say from personal experience that every word he said was closest to reality.

  • @robertson2688

    @robertson2688

    5 жыл бұрын

    Did he get the salary right? Do they really get 68 lacs rupees in cash?

  • @MobileAddiction

    @MobileAddiction

    5 жыл бұрын

    @@robertson2688 bro. The pay is credited to ur bank account, not in cash. Lmao 😂😂

  • @smpbsn

    @smpbsn

    5 жыл бұрын

    @@robertson2688 Yes. The freshers from IIM A, B and C when hired by these wall street giants in client facing roles, are paid 35 LPA (fixed) + 35 (variable at year end - assuming 100% of fixed), in India. Thus, close to around $100K p.a. At the age of 30 years, you could be making >1.25 Cr p.a. (if you survive that long :p) My authenticity: I work with J.P. Morgan Investment Banking; every word this guy said is true.

  • @InsideIIMKonversations

    @InsideIIMKonversations

    5 жыл бұрын

    So glad to hear that :D You can check out some stories on Investment Banking here - bit.ly/2YgUwmw

  • @uddiptakakati7323

    @uddiptakakati7323

    4 жыл бұрын

    @@smpbsn How many get that job in ABC in total?

  • @shreyastambat1813
    @shreyastambat18135 жыл бұрын

    Eagerly waiting for the next part of the interview

  • @InsideIIMKonversations

    @InsideIIMKonversations

    5 жыл бұрын

    Hi, Shreyas the second Part of Harsh Parikh's video is published you can check out the video here - bit.ly/30TaaGv

  • @sumitprasad3568
    @sumitprasad35683 жыл бұрын

    On 5:21 when you are doing ca you are only doing ca... This hit me hard😂😂😂😂

  • @aniruddhaagarwal
    @aniruddhaagarwal5 жыл бұрын

    Thanks for providing valuable insight on investment banking in the Indian scenario. Will appreciate it if you guys host someone from the equity research space! :)

  • @InsideIIMKonversations

    @InsideIIMKonversations

    5 жыл бұрын

    Thanks, Anirudh. We'll definitely try to cover most of them :) Till then, you can check out some stories on careers in finance here - bit.ly/2LH8KeN

  • @vickyjohn4489
    @vickyjohn44895 жыл бұрын

    wow audience is so serious.these iit n iim ppl

  • @InsideIIMKonversations

    @InsideIIMKonversations

    4 жыл бұрын

    Hi Vicky, You'll also be interested to watch the other two parts of his video series. You can watch Part 2 here - bit.ly/30TaaGv and Part 3 here - bit.ly/2ZfNUGy

  • @manishpandey6287
    @manishpandey62872 жыл бұрын

    Awesome interaction

  • @shubhammishra2223
    @shubhammishra22233 жыл бұрын

    Was expecting him to say .. "Ye bhi theek hai"

  • @apeksha4776

    @apeksha4776

    2 жыл бұрын

    Why?

  • @Prakhar_CAN
    @Prakhar_CAN4 жыл бұрын

    Thank you so much for sharing this.

  • @InsideIIMKonversations

    @InsideIIMKonversations

    4 жыл бұрын

    Hi Prakhar, happy to hear that you liked the video :D Have you seen the other two parts of his video series? If not, you can check out part 2 here - bit.ly/30TaaGv and part 3 here - bit.ly/2ZfNUGy You can also read Investment Banking related stories here - bit.ly/2YgUwmw

  • @AnjaliSharma-kw6iu
    @AnjaliSharma-kw6iu3 жыл бұрын

    Nice session..

  • @sushantmusale9828
    @sushantmusale98282 жыл бұрын

    Thanks for sharing the reality...

  • @shravanig161
    @shravanig1613 жыл бұрын

    Really enjoyed this, love his personality!

  • @Nial62
    @Nial623 жыл бұрын

    Can someone please suggest me good books/biographies on ETHICAL decision making in financial management and AUDACITY in taking action on financial matters?!

  • @priyarauniyar4783

    @priyarauniyar4783

    2 жыл бұрын

    jesus shall help u

  • @ManavKarmakar
    @ManavKarmakar3 жыл бұрын

    Can you help me with a brief about whether I can go for IBPS RRB GENERAL MANAGER OFFICER by having more than 2 years of exp in a Pvt Ltd bank as an assistant manager grade or not?

  • @firamepranav1717
    @firamepranav17172 жыл бұрын

    Sir I have a question Approximately How many places for investment banker in india

  • @syam281
    @syam2812 жыл бұрын

    Thank you...HP sir

  • @devvart
    @devvart5 жыл бұрын

    Thank you so much , this made my day

  • @InsideIIMKonversations

    @InsideIIMKonversations

    5 жыл бұрын

    Thanks, Dev so happy to hear this :D We spoke to a wide variety of successful alumni in our annual Konversations Cafe - Pre-MBA Social. To find all the videos in this series click here: bit.ly/2F8zNuG

  • @acs7991
    @acs79914 жыл бұрын

    Great video! In India are the crazy hours associated with IB applicable only to the top tier banks like GS, Jp morgan,etc. or are the hours equally bad working as a financial analyst for a mid tier firm

  • @vikramsharma5618
    @vikramsharma56185 жыл бұрын

    He means the demand has gone down and supply has shrunk.

  • @anirbanduttagupta3630
    @anirbanduttagupta36305 жыл бұрын

    A good interview. However, the host is not a good interviewer and seems to have lack of energy and gives a "not-interested" vibe

  • @randomthings191

    @randomthings191

    3 жыл бұрын

    Lauda hai anchor jyada ban rha hai hamare alumni ke aage Your sincerely IIM-B 2018-2020

  • @nityekhoobchandani8201
    @nityekhoobchandani82013 жыл бұрын

    Damn whatever he said is what I want to do in my life This is my freaking dream

  • @ishamaniyar1

    @ishamaniyar1

    2 жыл бұрын

    SAME.

  • @kajoriguha
    @kajoriguha4 жыл бұрын

    Hello I am looking for a career in Investment banking in top companies. Could you please advise how to go about it?

  • @InsideIIMKonversations

    @InsideIIMKonversations

    4 жыл бұрын

    Hi Kajori, please go through these: bit.ly/39VP3bs, bit.ly/2wc8Ggq and bit.ly/2USsu2P.

  • @kajoriguha

    @kajoriguha

    4 жыл бұрын

    @@InsideIIMKonversations I have already completed my MBA and have few years experience. Therefore, a switch to IB is beneficial for me in the long run. Please advice how to get a job in there. Looking forward for a right guidance as your highly experienced in this field.

  • @debbanisd8206

    @debbanisd8206

    3 жыл бұрын

    @@kajoriguha r u doing job right now anywhere?

  • @_Sam_-zh7sw
    @_Sam_-zh7sw5 жыл бұрын

    the chance to learn from industrialists and leaders who run big firm in a mega economy is the only reason banking is so appealing to me

  • @sanjaybisht118
    @sanjaybisht1183 жыл бұрын

    This guy looks like "Yeh bhi tikh h" guy from Mirzapur

  • @thegreatskygig

    @thegreatskygig

    3 жыл бұрын

    hahah true

  • @VNnimbs
    @VNnimbs5 жыл бұрын

    Great... If possible ask him about IB vs PE...

  • @tangy83in
    @tangy83in4 жыл бұрын

    The host looks like a taller version of Rohit Sharma (Cricketer)

  • @narinderkumar9375
    @narinderkumar93752 жыл бұрын

    How to start up as investment banker what you need and the platform for pitching clients. Tnx

  • @varunpathak343
    @varunpathak3433 жыл бұрын

    Common man he is already a ca and then mba from top b school.. What do you expect??

  • @shantanubadadare9522
    @shantanubadadare95225 жыл бұрын

    Great topiv selection and @insideiim u r doing a fantastic job....just if you could bring in more stories about following topics just like IB ..... 1.Digital Marketing or Marketing as a whole 2.Operations or Supply Chain 3.Branding/Brand Management in marketing,etc which provides more insights on MBA as whole Thanks...

  • @InsideIIMKonversations

    @InsideIIMKonversations

    5 жыл бұрын

    Thanks, Shantanu glad to hear that! You can check out stories on Digital Marketing here - bit.ly/2ZeIV8Y Read more stories about MBA in Operations here - bit.ly/2R6vg0z And some Brand Management stories here - bit.ly/2Xk4yXS

  • @pritalpawdeyeragi241
    @pritalpawdeyeragi2413 жыл бұрын

    Super video.

  • @avinavdhakal5795
    @avinavdhakal57954 жыл бұрын

    The first question was answered with a slight bias towards IBs. I think people are just so much more interested in the magic of businesses that are solved using technology elements. I think that’s far more interesting for most people as opposed to typical consulting or investment banking jobs. The possibilities to be something new itself is huge now for other areas. Grown of technology and freedom of ease to start other things is the main reason.

  • @agustinrajan8621
    @agustinrajan86213 жыл бұрын

    Please bring someone who is working in any asset management company

  • @ascendingboy.7706
    @ascendingboy.77063 жыл бұрын

    He looks very young for 38 years old.

  • @minalmankar9005
    @minalmankar90054 жыл бұрын

    Please make a video about a BPHARM graduate who has got into the IIM. PLEASE

  • @C02754
    @C027543 жыл бұрын

    He looks really young...aisa lag raha he abhi bhi IIM student he 😅

  • @loser3357

    @loser3357

    2 жыл бұрын

    😂😂😂😂😗😛

  • @sharadjain2463
    @sharadjain24633 жыл бұрын

    What is the salary of investment banker per annum ?

  • @mohammedosman2020
    @mohammedosman20203 жыл бұрын

    That’s a Chartered account

  • @8dmagic26
    @8dmagic262 жыл бұрын

    If i do my graduation With distance learning after 12th class Will be i eligible to persue CFA?

  • @raghavgupta1537
    @raghavgupta15372 жыл бұрын

    Watching it 3rd time,great video💯

  • @InsideIIMKonversations

    @InsideIIMKonversations

    2 жыл бұрын

    Glad you enjoyed

  • @shivanibiswal3269
    @shivanibiswal32694 жыл бұрын

    Very eloquently explained.. thank you sir!

  • @InsideIIMKonversations

    @InsideIIMKonversations

    4 жыл бұрын

    Hey Shivani, did you watch Harsh's advice on networking as an Investment Banker? If not, please watch it here: bit.ly/2xYhF65

  • @santhoshreddy9611
    @santhoshreddy96113 жыл бұрын

    Myth that iit or iim can only join inv banking, iit or iim graduate not suit at all, after out of MBA school or iit, they don't know about what is buy back,bonus,right issue etc

  • @ajitzote6103

    @ajitzote6103

    3 жыл бұрын

    Talking like it's too hard to understand lol

  • @akashmandave8049

    @akashmandave8049

    3 жыл бұрын

    It's true but they learn very quickly and very quickly they become master at that work , that's why they are best

  • @eshwari475

    @eshwari475

    3 жыл бұрын

    @@akashmandave8049 I didn't watch the interview is ib a good option for CA if we have good skills just asking

  • @itsmohdiii3689
    @itsmohdiii36895 жыл бұрын

    Great content harsh

  • @InsideIIMKonversations

    @InsideIIMKonversations

    4 жыл бұрын

    Hi, Thanks for liking the video :D You'll also be interested to watch the other two parts of his video series. You can watch Part 2 here - bit.ly/30TaaGv and Part 3 here - bit.ly/2ZfNUGy

  • @adityavyas5947
    @adityavyas59475 жыл бұрын

    Thanks for this video. Can you please share experience of an IIM student who is working in Financial Engineering and Enterprise Risk management. I am waiting for that subject as well.

  • @InsideIIMKonversations

    @InsideIIMKonversations

    5 жыл бұрын

    Hi, Aditya. We will definitely try to cover it :) Till then, You can check out some finance stories here - bit.ly/2K1vwdX

  • @Ab-ii4oc

    @Ab-ii4oc

    11 ай бұрын

    No B schools atleast in India has competence to offer courses in Financial engineering.....Its more about hardcore maths ....which hedge funds in Europe and US implements....there are no such hedge funds in India , who all do speciaised quant strategies.....Check out medallion fund in US ....

  • @manjunathareddyreddy5738
    @manjunathareddyreddy57383 жыл бұрын

    Amazing and mind blowing and bagling !!!!

  • @rajatshelake765
    @rajatshelake7654 жыл бұрын

    He missed UBS, CS!!!

  • @shaileshthakur2828
    @shaileshthakur28284 жыл бұрын

    1.25x best thank me later

  • @tejasvibangalore8787

    @tejasvibangalore8787

    3 жыл бұрын

    Did that b4 reading this....

  • @TheRanby
    @TheRanby4 жыл бұрын

    Does CA with CFA helps in getting into M&A advisory roles

  • @jatinsetia3884

    @jatinsetia3884

    2 жыл бұрын

    yes

  • @manjunathareddyreddy5738

    @manjunathareddyreddy5738

    2 жыл бұрын

    S !!

  • @NitinSharma-ly9so
    @NitinSharma-ly9so3 жыл бұрын

    consults, currics, etc.

  • @darshdeep2163
    @darshdeep2163 Жыл бұрын

    Can a non engineer bsc statistics graduate become investment banking

  • @sidoncarvalho8805
    @sidoncarvalho88054 жыл бұрын

    Hi does investment banking has scope ?

  • @InsideIIMKonversations

    @InsideIIMKonversations

    4 жыл бұрын

    Hi, these should help: bit.ly/39VP3bs, bit.ly/2wc8Ggq and bit.ly/2USsu2P.

  • @mdaliahmed5911
    @mdaliahmed59114 жыл бұрын

    IB jobs r not getting better and compensation is not at power what it was in late 90s and early 2000s. The industry on a whole is at an 80% instructual decide. Now I'll come to 100ks. If you are living in Manhattan or London 100k is nothing. Now a better option is to work for a hedge fund. It's very competitive but it worth ur time. If u r spending crucial years waking up and going back home in the dark. U better make it worth it.

  • @umairsiddick8239

    @umairsiddick8239

    4 жыл бұрын

    an anton kreil quote . I agree but you have to spend those years doing that, while you make contacts and work overtime in formulating in what it is you want to do . So when you get that income which will fund your own business venture/idea that you can now create and enjoy to work towards from the age of 30+

  • @mdaliahmed5911

    @mdaliahmed5911

    4 жыл бұрын

    @@umairsiddick8239 yeah I myself worked at Goldman this summer as an intern..but my next target place to work is a hedge fund or an asset management firm.

  • @aryanrai1159

    @aryanrai1159

    4 жыл бұрын

    Spot on... Investment banking after 2008 crisis lost all the charm. 100k is nothing as per Manhattan living standards.. A 1000 square feet condo's yearly rent in Manhattan will suck most of that earning away

  • @maxasante5206

    @maxasante5206

    4 жыл бұрын

    @@mdaliahmed5911 how did you get that position?

  • @ananths6710
    @ananths67104 жыл бұрын

    12:36

  • @abrarkhan9104
    @abrarkhan91043 жыл бұрын

    I have noticed that finance buffs are often named Harshad and Parekh like the two infamous big cheeses of finance in india.harshad mehta and ketan parikh.😛😛.he has both in his name. Just saying for fun,no offence.

  • @zenshreya

    @zenshreya

    3 жыл бұрын

    Lol . nice observation

  • @abrarkhan9104

    @abrarkhan9104

    3 жыл бұрын

    @@zenshreya 😊😉

  • @loser3357

    @loser3357

    2 жыл бұрын

    @@abrarkhan9104 😉😉😉😗😜

  • @shitaldi
    @shitaldi3 жыл бұрын

    Koi muze financial modelling course k bare me bata sakte hai? Kaha se krna chahiye?

  • @vishalmahashabde5146
    @vishalmahashabde51464 жыл бұрын

    Working for HUL at lower level teaches you 100times more than sitting in the head office or corporate office

  • @hitendrakarotiya101

    @hitendrakarotiya101

    4 жыл бұрын

    Vishal Mahashabde exactly

  • @Useruytrw
    @Useruytrw4 жыл бұрын

    Amazing inside scoop

  • @InsideIIMKonversations

    @InsideIIMKonversations

    4 жыл бұрын

    Thanks, so glad to hear this! You might also want to check out - The Reality Of Life At An IIM - Saurabh Sengupta - Part 1 here - bit.ly/2WeO9PI

  • @shivas2557
    @shivas25573 жыл бұрын

    Mr Harsh, no offence, constantly reminded me of Bilbo Baggins (Hobbit - Martin Freeman)

  • @otisdubey

    @otisdubey

    2 жыл бұрын

    Precious comment

  • @DouglasLee9
    @DouglasLee94 жыл бұрын

    What is the starting salary for iBanking in India in US dollars?

  • @scorpiopheonix

    @scorpiopheonix

    4 жыл бұрын

    Average of $9k in a year

  • @scorpiopheonix

    @scorpiopheonix

    4 жыл бұрын

    I and some of my friends (freshers; without MBA) we've been offered around $5600 a year.

  • @DouglasLee9

    @DouglasLee9

    4 жыл бұрын

    @@scorpiopheonix $5600 per year?!?! Wow, so that is about $100 USD per week. I heard in India that people that work at Google are at about $30k USD per year. Is that true?

  • @DouglasLee9

    @DouglasLee9

    4 жыл бұрын

    @@scorpiopheonix And this is to do: Corporate Finance, M&A, LBO and Bankruptcy?

  • @bobascalera5094

    @bobascalera5094

    4 жыл бұрын

    @@DouglasLee9 i guess he is talking about the BPO part of ibanks

  • @saumitragautam8333
    @saumitragautam83332 жыл бұрын

    ♥️

  • @devudumavudu1858
    @devudumavudu18583 жыл бұрын

    Ca vs investment banking - what is ur favourite?

  • @fazeclash4017

    @fazeclash4017

    3 жыл бұрын

    Ib

  • @rohanraj0102
    @rohanraj01024 жыл бұрын

    Hey Work Experience Jaruri Hai Kya 🤔

  • @theamateurfilmmaker
    @theamateurfilmmaker2 жыл бұрын

    Waiting for him to say "Yeh bhi theek hai." 😂

  • @powerbis.1794
    @powerbis.17945 ай бұрын

    This video should be about reality of working as Indian at KREIDAT KARD CALL Center!

  • @Vedant_Dubal
    @Vedant_Dubal Жыл бұрын

    clever and clear ... sentence tell me

  • @AnkushBansal.
    @AnkushBansal.3 жыл бұрын

    4:00

  • @Dominic_Barone
    @Dominic_Barone3 жыл бұрын

    9:57 Suits example was Good

  • @kalamchaarikoshur5653
    @kalamchaarikoshur56534 жыл бұрын

    Mindblowing...sensibly outstanding

  • @InsideIIMKonversations

    @InsideIIMKonversations

    4 жыл бұрын

    Hi Rahul, So happy to heart his :D You'll also be interested to watch the other two parts of his video series. If not, you can watch Part 2 here - bit.ly/30TaaGv and Part 3 of his talks here - bit.ly/2ZfNUGy

  • @technovexindia753
    @technovexindia753 Жыл бұрын

    Whats the 'method to the madness' he talks about? About maintaining a solid gpa at bschool

  • @sriharshaojela6968
    @sriharshaojela69683 жыл бұрын

    I was completed MBA in finance is best to choose investment banking as carrer or financial analyst which is better?

  • @jatinmulgund9476

    @jatinmulgund9476

    3 жыл бұрын

    ib

  • @sriharshaojela6968

    @sriharshaojela6968

    3 жыл бұрын

    @@jatinmulgund9476 ok

  • @mehulkarathiya3792
    @mehulkarathiya3792 Жыл бұрын

    👌👌

  • @pratikjoshi7653
    @pratikjoshi76535 жыл бұрын

    Zhou Qunfei is richest woman in china with 10 billion dollars worth. She was factory worker, then became entrepreneur, founder of lens technology. In job, u will never be able to place yourself in forbes list. Job can never beat business.

  • @bling97

    @bling97

    5 жыл бұрын

    Pratik Joshi Totally Agree

  • @itsmohdiii3689

    @itsmohdiii3689

    5 жыл бұрын

    Pratik Joshi that’s why I know Jamie dimon and you don’t !

  • @bobascalera5094

    @bobascalera5094

    4 жыл бұрын

    For every Zhou Qunfei there are thousands of failed businesses , most startups (90%) fail in 3-5 years , business is not easy and everybody thinks they can become millionaires by sharing steve jobs quotes

  • @maxasante5206

    @maxasante5206

    4 жыл бұрын

    @@bobascalera5094 love this lol. they sit home dreaming and forget some ppl connected with the right ppl or were at the right place at the right time.

  • @narinderkumar9375

    @narinderkumar9375

    2 жыл бұрын

    @ pratik, very true about being self dependent. I need your personal advice how to start own ib in gurgaon. Myself 57vyrs ca plus 35 yrs exp of all Africa financial controller in manufacturing concern now I have come back for good. Need to know how to start from scratch infrastructure & to get clients. Hope you reply. Tnx

  • @Memespark
    @Memespark4 жыл бұрын

    first of all, the interviewer's chair should be facing the candidate and not facing forward. Both face each other and talk. Ask him the questions by looking at him and not looking disinterested

  • @thequestofasimplelife
    @thequestofasimplelife5 жыл бұрын

    take money, sell self.

  • @amans6504

    @amans6504

    4 жыл бұрын

    Throughout the whole fucking life. This job is clearly unsatisfying

  • @adigagrawal5023
    @adigagrawal50233 жыл бұрын

    Do.you mind sharing the salary growth and at what salary did you leave the job?

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