The first 1,000 people to use the link will get a 1 month free trial of Skillshare: skl.sh/afzalhussein06231

@neslin77

Жыл бұрын

i am at Goldman and can see MD´s, VP´s with Partners, Holidays and Children. Work Life Balance is needed so you do not fall out. Work smart, not only hard. Sorry, but i would say, you can only speak about something when you have worked at least a few years in one company and not only as an intern. I am since 2008 working in investment companies and it is not like you are saying anymore.. of course, 5 days a week face time, networking etc. necessary, but also very important to have family and kids as you network as well through your family.. kids who go to the same school like your clients, etc...

@Hs5687

4 ай бұрын

You Forgot abt Being Spineless & Obedient to the Powers that be 😊

You saying "People climb the ladder, get to the top, and realize they're on the wrong ladder" really resonated with me. Wow, that is such a great explanation.

@lebumjames1373

Жыл бұрын

Well yeah if you’re creative you can make just as much if not 10x more money than any MD/VP/etc. I’d find it to be fairly depressing if my only accomplishment was a superficial number in my bank account and a “prestigious” job title.

In the end "The employer is not going to remember you much after you die or leave the organization", a a great point which everyone should keep in mind. What matters is our family, relatives & friends. Cause family is what matters the most, in the end for which we all live. 🙂💯

@flyintheskyd3214

Жыл бұрын

So true, i remember when working at one IB a colleague said to me when you die your headstone isn't going to say ' X was a great worker who worked 18 hours a day' GO HOME. Made me realise health is wealth and family first.

I was a ED at a bulge bracket. Im 39 now. If you can't put everything, every relationship to one side and commit to the job entirely, and make it your central prority in life, you wont make it to VP even. Forget about the higher positions. Read Predators' ball - and see how Mike Milken of Drexel worked, that's the level the top guys are operating on.

@AfzalHussein

Жыл бұрын

Great insight, thanks for sharing!

@bacool

Жыл бұрын

Damn. What I don’t understand is how do these guys have any partners, wives, etc? Kids?

@GSThai

Жыл бұрын

@@bacool wives have to know this is how it goes. Kids will likely be distant. When Milken went on holiday with his family, he would get 2 suites. One was for the family, one was his office. He was always business as usual. I worked in HK and Shanghai. My MD literally didn't stop.. his trail of emails coming in at 4, 5 in the morning.

@filosty5350

Жыл бұрын

@@GSThai now what's the point, You don't have freedom You don't have any time to spend with your family You do have is BIG MONEY But instead of working decades on the job you hate, one should make a good amount of money and be financially free and enjoy life.

@JayNarayanan

Жыл бұрын

​​@@filosty5350 some people are built different, to each their own.

Very good video Afzal, thank you for your advice!

Probably one of your best videos ever Afzal! Been following you for years, but I think this content really stands out, a lot of times many of us do not think beyond the bait in the room - which is money of course, also career in itself is just a part of life quadrant. Keep it going Brother!

@AfzalHussein

Жыл бұрын

Ah thanks! Means a lot 💪

Great video. Thanks Afzal!

@AfzalHussein

Жыл бұрын

👍🏽

Thanks Alfzal for your great content.

@AfzalHussein

Жыл бұрын

Pleasure!

Very informative video! I’ve been really loving your recent content - exactly what I need in my career right now and straight to the point!

@AfzalHussein

Жыл бұрын

Thanks! Glad to hear that 😊

Great content!

I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused about the current market volatility, I'm a newbie and I'm open to ideas.

@kaylawood9053

Жыл бұрын

Investing in stocks is a good idea, a good trading system would puts you through many days of success.

@africanboi4542

Жыл бұрын

Was investing on my own for about 3years, did my own study and analysis before actually buying, things became rather difficult after the pandemic which was right about when I reached out to a portfolios-advisor for guidance, It’s been over 2 years and I’ve scaled up a stagnant reserve of $280K to $700k in just about 24months.

@adenmall7596

Жыл бұрын

@@africanboi4542 Interesting. I've a lump sum doing absolutely nothing at all in my bank account, i wanna gets something started with it. You seem to be doing excellent for yourself, how do you achieve this?

@africanboi4542

Жыл бұрын

@@adenmall7596 Being guided by “Eleanor Annette Eckhaus” who I found on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.

The way he speaks is like a friend

Thanks a lot for your videos, could you please do a video breaking down the responsibilities of analyst / associate / vp for sales & trading?

@AfzalHussein

Жыл бұрын

👊🏽

I am a VP at one of the biggest investment banks in the world (back office) and I have NO interest in becoming an MD. Actually I dont think I even want to be an ED. VP is paid well with much less pressure.

@AfzalHussein

Жыл бұрын

Thanks for sharing! 👍🏽

@errg9075

Жыл бұрын

no one asked

@JeePsSsS

Жыл бұрын

@@errg9075 this is the topic of this video

@thetimemaster1475

Жыл бұрын

Did you go to a target school? If not, the how did you make it there and become a VP? I’m asking because I’m about to start college and I want to get into IB.

@Will-kl5ri

Жыл бұрын

Back office doesn’t count. I worked back office at one of the big guys and the W/L balance was insanely manageable. Pay was garbage too. Fuck finance - go into tech sales and sell into Financial Services.

First job was front office at a BB and guy next to me was a VP and only 26. I had just graduated from masters and was an analyst. He was ruthless and rude. Actually, i was fired as could not put up with his rude behaviour sitting next to him all day. He went onto be a MD in New York for Morgan stanley. I managed to get into private equity.

@AfzalHussein

Жыл бұрын

💪🏽💪🏽

Thanks Afzal. Great blend of insights, natural delivery, and editing.

@AfzalHussein

Жыл бұрын

Pleasure. Thanks for the kind words!

I’ve reached a point where EVERYONE around me, at my level, is EXCELLENT at their job. It’s all about who you know and how you interact with them at this point. Fighting for highly visible projects and programs now.

@hishaamahmed_

11 ай бұрын

What are some things that you do which sets you apart? I am a Software Dev in Banking and I feel motivated by the competition and would appreciate advice. :)

Really good vids, Afzal! Keep up the good work 🙂

@AfzalHussein

Жыл бұрын

Thank you! 💪🏽

Some good thoughts shared indeed! Thanks Afzal!

once again top quality !!! i totally agree with what you are saying, especially that politics within the organization and the work life balance are crucial. Just a question not related to the video. what watch are you wearing?

Good job!

@AfzalHussein

Жыл бұрын

👊🏽

Audio quality is great!

Good video. Thanks. toronto canada.

@AfzalHussein

Жыл бұрын

🙌🏽😊

I thought this video was excellent. Really well explained, especially the "how much money do you really need" question

One of your best videos yet. All the best

@AfzalHussein

Жыл бұрын

Ah thanks! 💪🏽👊🏽

Although I don't work in finance/IB, I work in Procurement and everything you said here is applicable lol. I have a range in my head I hope stay in within throughout my career. Before when I graduated I wanted to climb to the top now I don't want it anymore.

@AfzalHussein

Жыл бұрын

😁😁

@Noknes

Жыл бұрын

Did you do a supply chain major?

@EZ1111

Жыл бұрын

@@Noknes nope I’m a marketing graduate only entered in 2020 the money I’m seeing now wouldn’t see it in marketing

@Noknes

Жыл бұрын

@@EZ1111 As in it is way better than marketing? Also I am surprised you got a job with a marketing major. However I guess if you did a general business degree it would make some sense.

@EZ1111

Жыл бұрын

@@Noknes I graduated 2017 I was very hooked on finding a marketing job, I didn’t a marketing rotation at my graduate job and I just thought “this isn’t for me at all”. 2020 came and I got a role in public sector infrastructure construction. I haven’t looked back since, I’m doing my professional qualifications called CIPS and there’s more space to upscale too. I got the role because I had “commercial experience” from my graduate job which was transferable.

Became friends with a MD. The most narcissistic, selfish, lying and manipulative person you'll ever know. If it weren't for our common hobby, I wouldn't want to be around this person. Not everyone will be like that, of course. The stories that he tells me, how he got to the top, are horrifying. Basically stabbing everyone and their mother in the back, including his family. What for? He says: "I always get what I want." So that must be his motivation.

@lineage13

Жыл бұрын

MD at a major bank? My experience is the opposite. MDs at JP Morgan I know seem more humble than your average person.

@bolt7047

Жыл бұрын

What is the hobby you share?

please do RFP roles in asset management and career opportunities for this role!

@AfzalHussein

Жыл бұрын

Will do 👍🏽

You'd be surprised that for a lot of firms, it has as much to do with identity and culture politics than it has to do with performance, skill, knowledge, etc. It's soul crushing to realize that 'whiteness' has a large influence in your success, even today. Being 'yourself' can isolate you and put you at odds with those who silently look down or disapprove of you. Being 'fake' and playing a persona is what some people inevitably end up doing. That is to say: suppress your own thoughts and feeling, blend in, and "hide" your "true" self. Sorry if this is offensive, but for some people this is an unfortunate reality. It can be emotionally exhausting and wear you down if you find yourself doing this for money and success.

@FBeckenbauer4

Жыл бұрын

Whiteness doesn't have a large influence in your success, Asian Americans and Indian Americans make more than white Americans. Stop spreading hateful nonsense.

@GrieferStudios

Жыл бұрын

Lmao this is utter bullshit, most firms have specialized programmes for women and minorities that actively discriminate against white males. The bar for getting hired is significantly higher for whites due to bullshit diversity rules. Women and minorities practically get the job for free

What are the growth opportunities of a private banker? It is one of my dream jobs

Nice video brother, some people have no idea what they’re in for.

@AfzalHussein

Жыл бұрын

🙏🏽

Best video so far. I appreciate the knowledge you are sharing with us! I purchased the Assessment Management guide, but I can't access it anymore as an error comes up. Can you please help me with this?

@AfzalHussein

Жыл бұрын

Hey, thanks. That's unusual. Sorry to hear that. Please email me on info@afzalhussein.com and we'll sort it out 👍🏽

@Cristian-rz2qq

Жыл бұрын

@@AfzalHussein Awesome, I will email you. Thanks!

I am not even in finance but this can be translated for so many fields, Thank you for the advice

@AfzalHussein

Жыл бұрын

💪🏽👊🏽

Hi Afzal, I'm 20 years old (Part-way through my ACCA) and trying to get into a chartered accountancy practice, what would you say is the best way into this particular part of finance? I've applied to trainee accountant roles but seem to be stuck in the bog with getting into the industry.

@iamNinjitsu

Жыл бұрын

Hey even I’m doing ACCA, right now on knowledge level, can we connect on a social media plss I need people who can solve my doubts.

more vids like this! banker now and very useful for people looking at these careers to have the full picture

A very important video. I really enjoyed this video and I think this is a wake up call. Fantastic video Afzal - I really enjoyed this. The maestro of Finance.

@AfzalHussein

Жыл бұрын

Haha, thanks for watching!

This may be a leap but can’t you fundamentally heavily integrate the fact that there’s no need to rush when you’ve planned something well. This may be over simplified but I’m sure it would make a huge difference in work and life if you were patient before acting

Great video Afzal! Really enjoyed it. Quick question, which curved monitor is in the background?

@AfzalHussein

Жыл бұрын

Thanks. It's the LG UltraWide Monitor 49WL95C-W - 49 inch, Curved Monitor. Here's the link www.amazon.co.uk/dp/B08R5RVVXL/ref=pe_27063361_485629781_TE_item

@Bintsgirl

Жыл бұрын

@@AfzalHussein thank you! Super helpful

@AfzalHussein

Жыл бұрын

😊

Very nicely executed

@AfzalHussein

Жыл бұрын

Thanks!

Great videao

@AfzalHussein

Жыл бұрын

Thanks!

@terezinhadutra5907

11 ай бұрын

Trazer para o português

In short, it's a supercompetitve field, and the more people apply for one open position, the less likey it is your application will win ! "The top", of course this is the case in every field, can only be reached by the very few, per definition.

You didn’t finish reacting to Industry?

Hi Afzal, I have a question about the Asset Management industry is that: A person has to be a techy guy To break into asset management industry, as I have seen many profiles and they have the programming skills,so......

@iniestaxavi3826

Жыл бұрын

Which language do they use?

@filosty5350

Жыл бұрын

@@iniestaxavi3826 python and R

Great video, very informative! However, for my sake turn the air on😅

@AfzalHussein

Жыл бұрын

😅😅

Could you also make something related to Management Consulting?

@AfzalHussein

Жыл бұрын

Will do.

@jarenong

Жыл бұрын

@@AfzalHussein Thanks bro

@amalpm7986

Жыл бұрын

@@AfzalHussein Thanks mate. You're the best.

guess why I wouldn't ever subscribe to your channel without a second watcing your videos?

What about MD in the back office

@AfzalHussein

Жыл бұрын

Requirements and nature of work are not as intense as a front office MD, however, it's still no easy feat and very demanding. From a pay perspective, many VPs / Directors in front office earn more than MDs in back office. Best to find something you enjoy/are good at and take it from there. Caveat - anything is possible; you can find examples for every case/scenario.

There are some things that everyone should be aware of by now. Working with a financial professional could truly help you get ready for life. Since I was actively cashing out from my portfolio and finally made over 370k just in the first quarter while everyone else was whining about the downturn, I'm delighted I was able to contact my coach Rodger Michael Karl early this year...

@Jakekhalid32

Жыл бұрын

I'm grateful for the advice. Finding your coach online was a straightforward process. I looked him up online before we scheduled our phone call. He appears knowledgeable based on his online resume.

You can start your own firm

anybody got a link to his desktop ?

@AfzalHussein

Жыл бұрын

It's the: LG UltraWide Monitor 49WL95C-W - 49 inch, Curved Monitor. No longer available on Amazon unfortunately.

@ajlinasaljunovic5081

Жыл бұрын

@@AfzalHussein thank you so much !!

@AfzalHussein

Жыл бұрын

Pleasure!

But I can do it because I have been under some revenge .. I am gonna show them

You have great content. I wish you had more views & subscribers. Unfortunately your channel focuses only on a certain group.

@AfzalHussein

Жыл бұрын

Ah thank you. As long as I can help one person, I'm happy. Of course, the more the better 😉

What do you know ...

I don’t mind if you’re fake and play nice that’s makes sense, what I hate is when these same people drag others down. That shit to me is disgusting idk how those people sleep with themselves at night.

I wasn't financially free until my 40's and I'm still in my 40's, bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn't matter if you don't have any of them right now, you can start TODAY regardless your age INVEST and change your future! I sell on Etsy and also trade with Christine Morada,it's one of my primary source of income. Investing in the financial market is a grand choice I made. Great video! Thanks for sharing[Very inspiring! I love this

@rahulgandhi5313

Жыл бұрын

A wise person should know that in order to build success, you should invest wisely and have proper knowledge or guide in the finance market.

@rahulgandhi5313

Жыл бұрын

Started with an invested capital of $200,I was skeptical at first till I decided to try. It's huge returns is awesome. I can't say much though

@zapata667

Жыл бұрын

I'm new at this, please how do I reach out

@eddieortiz4096

Жыл бұрын

The fact that I make withdrawals without no problems is what I love most about her.

@Dskamar611

Жыл бұрын

Shes always active on her Telegrm.

I will- my dad is one 🤣🤣🤝

Do you need A-Level maths to become an investment banker ?

@AfzalHussein

Жыл бұрын

Nope! But Maths is defo good to have.

@anujithan9283

Жыл бұрын

​@@AfzalHussein But Investment Banks like (Golden Sachs) pick people who go to top unis, have A-level maths, and are doing an economics degree that's why I'm asking I'm going to start A-levels this September and I Picked A-Level Maths, Business and economics.

@AfzalHussein

Жыл бұрын

They also pick people who do and achieve none of those. They like people who they think can learn, develop and grow. Your grades and uni will take up 10% of your CV and application. The other 90% will be about your outside interests, hobbies and experiences and how they make you suitable for a career in the industry. Therefore, rather than focusing on grades make sure whatever you do end up doing you also try and get work experience and do relevant extra curricular activities.

@anujithan9283

Жыл бұрын

​@@AfzalHussein Ok Thank you so much for your time and advice :)

@AfzalHussein

Жыл бұрын

Good luck! 👍🏽

You should honestly be more worried if you want to become a managing director in high finance

Yep, I am gonna be an MD... Oh wait, I aint gonna stop there. Partner, PE, Hedge Funds and a whole bunch of other opportunities !!!

bro... IT IS HOT

@AfzalHussein

Жыл бұрын

😅😅

12:36 yeah its incredibly hot here aswell. i dont even move my body and start sweating like crazy. nice video

how pessimistic can you be Edit : I have a habit of judging a book by its cover. He wasn't pessimistic at all, he was just telling the truth.

@AfzalHussein

10 ай бұрын

Watch the video lol

@firstconsul001

10 ай бұрын

Ik, I commented this even before I watched this video. Your video is on point man. IB and other aspects of high finance is only for the biggest grinders. I am 15 and Ive been hyped about finance for years on end, I follow you for a reason Afazal. Gotta say, I don't regret a second of mine spent watching your videos. You really know how to deliver quality information in such a fun way

Man's fighting for his LIFE in that heat 💀💀💀

@AfzalHussein

Жыл бұрын

😅😅

Noooooo

You need to be lucky :-)

But I hate being fake… lol

Lmao why would anyone want that job 😂 i could get that job working with the people i know but it's not ideal to me

So basically if I sell my soul (time & effort) to Mammon I can be the "Top G" of Finance. Sacrifice women, entertainment, & family for the 7-figure salary.....😢😢😢😢😢

Forgot to add how you'll never be MD as a white male, women get such insane advantages in the college recruitment process these days, with many firms having specialized programmes for them

@eshawn____2373

Жыл бұрын

😂😂😂 Bullshit. You haven’t seen the MD roster at banks?

@milesbarksdale2446

Жыл бұрын

Yes as if 95% of MDs are not white males from privileged backgrounds. Instead let’s target the 5% “others” instead of the nepo babies.

@resa574

Жыл бұрын

It’s simply the fact that there already lots of white men and they need to hit diversity numbers or else it’s a bad look

@Rudenbehr

Жыл бұрын

Aren’t most MD white males (in western countries)