Investment Banking vs. Consulting | From a Former Banker & Consultant

Having worked for the same amount of time in both Investment Banking and Management Consulting, I figured it would be a good time to make an honest comparison video with the good and the bad (no sugarcoating here!). Enjoy and subscribe for more weekly content!

My filming gear:

Note: This video is not sponsored. Some of the links above may be affiliate, meaning I could earn a small % of sales if you purchase products via the link

TIMESTAMPS
0:00 Intro
1:49 The work
6:34 The lifestyle
10:06 The people
12:01 Closing thoughts

[SeanTran]

Great comparison! I went through a similar thought process myself

[FaithHopeLove]

Very informative! Thanks for sharing your valuable experiences!

[nikhilgurung]

Great & honest comparison bro, I'm thinking about moving into IBD but within Asset management from a big4 firm soon :D

[johnslayton]

Thanks for your insights, I am a current MBA student considering these two options, very helpful

[daeviontaylor]

Amazingly informative video thanks for sharing your experience

[sammathews]

Can you please make a video about the different roles in the banking industry one can pursue with the salary (starting, overtime), especially for older candidates who just got an MBA, i.e. ?35, 40, 45 years. Also, is IB possible for older candidates from what you might have seen? Thanks!

[jennyhe]

awesome video!! watched it before my consulting and ib interview haha

[nicholaschoi]

Great video Matt! Have you considered exiting to buyside? And if so, do you have a preference for PE or HF? Thanks!

[kevinjuan]

Nice video, I think you put a lot of efforts to make that intro, love it😊

Anyway, based on your video, is it fair to say that the "on the clock" culture in IB is primarily down to the background of the people going to the IB itself? I mean, it's not required to just sit around waiting for comments on your work, but more face time with your associate/vp will leave you a positive impression, perhaps because it's the norm among the finance guys, is that correct?

[soumisaha]

Hey Matt, now that you are in S&O of google..can you create a video on the comparison of these 3 careers? Finance vs Consulting vs Tech..Also curious why haven’t you opted for product management in tech

[bacool]

You would never do an MBA yourself right since seems like you were able to pivot just fine and you’re happy in consulting for now and have good exit options eventually?

[Greenwood]

Sounds like consulting career is better, thanks for sharing your experience 👍

[arslan_TM]

Just an off topic but I would like to know, Does IB firms n banks offers H1-B visas, how common or rare its within investment industry of US?

[shubhchopra]

Hey Matt. Thank you for this informative video. I just wanted some advice on how to get into IBD, just a brief background on myself, I am working as an analyst in boutique private wealth management firm based in India having completed all levels of CFA for the past year. Would really appreciate if you could provide some inputs on how I can make myself a fit for investment banking. Thanks

[mdadnanhassan]

Hii,
I'm currently do MSc Business analytics and Consultancy from a tier 2 college in UK, how can i increase my chance to break into consulting??
Do i really need to do any additional courses such as CIMA, PMP or CFA??