Question 7 - AM and Anish Interview
- 03:51
What were the highs and lows of being an analyst?
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analyst Associate Investment BankingTranscript
- Now you've done the role of an analyst, and it would be really great just to kind of get a sense of what were the hardest things about the job, and what were the kind of highlights of your time as analyst, both at Goldman and Barclays? - Sure, so the hardest elements of my job were learning how to use that Cisco phone, conference people in, sending meeting invites, and learning how to use Outlook. Look, basically, I had not interned, I had never interned. I didn't even really know. I joined Barclays in 2010. It was right after the credit crisis, and we were on the path to recovery. I had zero experience. And on top of that to add salt to the wound, I was also a liberal arts major. I was a lowly economics major with no accounting experience. So I was climbing a big hill. So one of the biggest challenges for me, which may or may not exist for people watching this that are going into internships or jobs, was I didn't have any of the technical knowledge that a lot of my peers had. And that also created a bit of a complex for me because I got nervous if I was given a certain assignment or if certain projects came up. I think what I ended up learning through that ordeal was, look obviously now I do think times have changed. Alistair, if Financial Edge was around then, maybe I wouldn't have been as nervous. There are so many other resources that are available both online and probably through the bank that you're gonna work at. So if you are in that situation where you feel like you have a technical hill to climb, there's really no ways around it. Just use the resources around you. Wake up a little bit earlier. Just invest the time, reach out to people on your team. There may be helpful people that can teach you how things are done specifically at the bank. But that is a hill you have to climb and it's a hill that I ultimately had to climb too. The good news is, you can do it. Anyone can learn this stuff. It's just a matter of focusing on it and doing what you need to do.
The second piece, which is not really technical at all and which is I think the most important piece especially for people that are going to be in groups that maybe a little bit more grueling, is focus on developing your endurance in a healthy way. Focus on your health, focus on yourself. You absolutely need to. I know that it sounds counterintuitive and no one thinks that they will be able to do something like that in the job. It's challenging. I'm not here to say, you're gonna be able to do it at all times, but in opportunities where you have the ability to focus on your fitness, how you're eating, what exactly it is that you're doing when you're in the office versus outside the office, that's important because it's not just about your physical health, it's also about your mental health. If you burn out quickly, it A, that's not good. No one wants to burn out, but B, it's gonna have effects later in life as well. You're gonna have experiences that you just can't get over. And my biggest advice would be your health is important and it's not just important but it controls really the future and destiny of your career and your life. And I do think that mood has changed a little bit in the world of investment banking. When I was first joining, it was very much unheard of to take time to go to the gym or, look, I was eating pizza every night. I was not going to the gym. If I had any free time at all, I'd go out. I was in New York City, I'd go out and party. I've learned that that probably wasn't the best way to conduct myself. Play the long game is the advice that I would give people. Health is important, play the long game. - Great. And lastly, Anish, if some people don't get offers, what would you say they typically do wrong for people who don't get offers?