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Investment Banking Explained in 5 minutes

What is investment banking? How do they make money? What are the best investment banks? What are the investment banking divisions? What is a typical investment banking salary? In this "Investment Banking explained in 5 minutes" video, I answer all these questions and more. Using Goldman Sachs' annual report as an example, I explain the front office divisions and how much they generate. Then, I discuss the investment banking division in more detail, explaining both the advisory and the financing side. Lastly, I explain the skills required for the job, the expected compensation, the work hours, and the likelihood of breaking into investment banking. Resources used: GS Annual Report: https://www.goldmansachs.com/investor... IB profits: https://www.bloomberg.com/news/articl... IPO fees: https://www.pwc.com/us/en/services/de... LEARN: 📈 The Complete Finance & Valuation Course: https://www.careerprinciples.com/cour... 👉 Excel for Business & Finance Course: https://www.careerprinciples.com/cour... 🏦 The Investment Banking Program: https://www.careerprinciples.com/care... 🚀 All our courses: https://www.careerprinciples.com/all-... ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Chapters: 0:00​ -​ Intro 1:46​ - How they make money 3:10 - Types of Investment Banks 3:58​ - Career in Investment Banking Disclaimer: I may receive a small commission on some of the links provided at no extra cost to you.