The Hierarchy Within An Investment Bank (EXPLAINED!)

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TIMESTAMPS

01:15 Spring Interns
01:29 Summer Interns
02:00 Graduate Analyst (An)
02:30 Associate (As)
03:00 Promotions differ across divisions
03:40 Vice Presidents (VP) / Executive Directors (ED)
04:40 This happens to most Vice Presidents
05:38 Managing Directors (MD)
06:16 Partners
06:40 In summary
07:12 Questions and video suggestions

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The Hierarchy Within an Investment Bank

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[AfzalHussein]

Please feel free to like, comment and share this video so more students can benefit from its content! :) Oh, and SUBSCRIBE too for weekly videos!

[xXMagicXx]

Responsibilities video please. Fantastic video as ever mate really informative! Really appreciate what you are doing!

[WhatColourIsYourBugatti_]

Would be great to see a video on entry points for people with different qualifications. So post
Sixth form
Undergraduate
Masters
PhD

[BrunoLuke]

Well that would be impossible to do considering I'm in my late 50s and I'm more interested in investments that could set me up for retirement in my 60s, my goal is at least $2million.

[randomgamer]

Looking forward to Responsibility video!
Thanks for making these informative video! 😃

[Wilson-szmc]

Underated channel, I dont usually leave comments on youtube vids but im gonna do one here for the youtube audience engagement metric

[nn]

I work at an asset manager, and I think the promotion period is shorter now, or at least the one I work at is, its 2 years from Analyst to Associate, and 3 years from Associate to VP (if you've done really well)

[sabeenirfan]

Could you make a video about being an Equity Research Analyst? How to get there and the overall job prospects and responsibilities it entails. That would be awesome, thank you!

[isaiahhall]

Can you do a video about work/life balance? Like how often you get days off/do you get weekends off/are there times where you can work from someone other than the office? Like if you’re going on vacation.

[nicklarocca]

Could you talk more about the difference between partner and MD? Thanks

[tube.brasil]

In Brazil internships are like part time jobs, usually 6 hours a day for the whole semester. Usually people work one or two years before graduating, at the same time they are having classes, not only during vacation like in the US. It pays very badly, GS for example ony pays US$ 550 a month.

[cheekychupakabra]

can you make a video on the job descriptions of an investment banker and the roles that they apply for as freshmen and what job descriptions they apply as they get some experience

[IHashim]

Hey Afzal, great video as always! Applications for Spring Week's are coming up (Goldman's opens July 1st) and I was wondering if you could please make a spring week applications video?! Talking about the technical knowledge needed, the application process, how to prepare, your own experience..etc. It would be so useful! Keep up the good work.

[joshdixon]

Congrats on 15K! My question for the Q&A - Is it possible to transfer from Audit at Top 4 Accounting Firm to an Investment Banking Role? If so, how would you recommend going about this?

[hamishorr]

What are the earning for all of these - could you say in a responsibility’s video

[dewgupta]

Please make a video of total compensation for all the hierarchies in New York City.
Please I request.

[ashleyandrews]

You don't have to do a video but could you explain the difference between VPs/Assistant Director/Director? I know they are all mid-level management roles below Managing Director in banking and corporate management but nowhere online explains the definitive difference! is it just that the Vice President/Executive VP terms are used in the US and Europe and the same jobs are titled Assistant Director/Director are British terms? Love the content too, Afzal. You have educated me a lot and helped me decide on my career path!

[tman]

Responsibilities video please, also include the responsibilities of the partners. Thanks!

[AdityaVerma-brim]

Hi Afzal,
Could you please make videos about ethics in the banking industry, how to consume financial information in a world overflowing with information, and how to understand where exactly our interest lies within an investment bank?
Thanks for the great content!

[itydude]

Hey afzal could you possibly do a video of the chances of moving from wealth management to asset management and IBD?