Will AI and ChatGPT Replace Investment Banking Analysts?

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Can AI replace investment banking analysts? Or will it just help them work smarter and faster? In this video, we dive into how AI could transform the way investment banking analysts work, and what it means for their work-life balance.
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⏱Timestamps⏱
0:00 - Introduction
0:53 - Agenda
1:26 - How will AI change how analysts create PPT presentations?
5:08 - How will AI affect how analysts build financial models?
10:11 - Will investment banking analysts finally work less hours?
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Опубликовано:

13 июн 2024

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Комментарии : 51

@rareliquid 11 месяцев назад

🖥Wall Street Prep🖥 ► Use code RARELIQUID for 20% OFF on any course! ► gv142.isrefer.com/go/rliquid/rareliquid/ 🍎Sign up for my courses🍎 ► How to get into MBA programs: forms.gle/9yEyycuP7NnQBjue8 ► How to get into investment banking: forms.gle/wt4cZrezbxVgNzGUA

@marianovallendor1529 Год назад

I work in research in IB in jp. I am needing part 2 of this video now!

@AntonioLopez-ds5so Год назад

Aaaaaamazing video, Rare. Keep it up, brother 💪🏻💪🏻

@UNKNOWN-1589 Год назад

Ben only be posting just world class videos , it’s incredible. ✌🏻

@ecccc758 Год назад

Would love more videos covering AI and your thoughts for every development there is!

@barryaherne215 Год назад

Cool video! Can you see AI having any effect on rareliquid's business model and the products you will sell? Have you thought about how you could use it to your advantage? Great video as always 👌

@PS-ro8er Год назад

Haha just a few days ago I was looking for the answer to this question, thanks Ben

@rareliquid Год назад

np!

@adamkulikowski2495 Год назад

If one bank uses AI, it’s gonna beat other banks in deal flow. So in the end all banks will adopt AI and hours are same.

@mohamedmohamedabdallah13 Год назад

very nice video

@jeremyhuang9833 Год назад

Do you think that as productivity increases, banks will look to take on even more deals and therefore not really change the working hours? Perhaps see a combination of middle markets with the bulge brackets?

@perpetualsteak9470 Год назад

Is there a list of target schools for IB?

@mattdaemontargaryen5256 Год назад

You're really resourceful bro you should apply for JP Morgan

@Frnd4Ever Год назад

Will definitely reduce the number of vacancy of human in the area. As Human with tool like GPT can do much more work.

@Brodragon2225 Год назад

Survival of the fittest

@bewater28 11 месяцев назад

Then there will be more work in all the industries since everybody's gaining productivity hence no change. But maybe u don't get a job if u don't know gpt, just like u don't get a decent job if u don't know how to use a computer now, or a factory machine two hundred yrs ago. Ofc it's gon be ez to pick up for the younger generation and old ppl will b retiring anyways hence not much change after all.

@Brodragon2225 11 месяцев назад

@@bewater28 nope ai is made like Jarvis to replace humans mostly but yes jobs will remain but very less very very less

@zachgoldstein2963 7 месяцев назад

what ai copilots have you tried for financial modeling use cases? read thru the above comments. looking for updated suggestions. thanks

@mjcooler6229 Год назад

Hey i know this has nothing to do with the video but what’s the easiest way to convert a fiscal year to a calendar year? Is there a quick way or do you have to add the quarters

@rareliquid Год назад

most accurate is adding the quarters. otherwise take the % of each year and multiply to each relevant line item for ex if fiscal year is 6/30 and you’re calendarizing for 2022 then you’d take 50% x 2022 + 50% x 2023

@armitageshanks2499 Год назад

You can't take the banking outta the man 😂😂😂

@rupertmiller4718 Год назад

An interesting one. Analysts haven't exactl;y been covering themselves with glory this last earnings season. The number of reports of analysts being surprised by earnings at the nasdaq companies in particular is somewhat alarming. If you know the companies you cover reasonably well and you know their product, you should not be continuously being surprised. Would AI do any better, probably not, but just not being worse might be enough. I hope not but it would be good to see analysts raise their game a bit.

@AN3MY 6 месяцев назад

You misunderstand the banking model fundamentally. Theyre not paid to be right. Theyre paid to produce marketing materials.

@rupertmiller4718 6 месяцев назад

@@AN3MY no not really, are you a banker?

@Napoleonvanderbilt Год назад

Is there any fututre for High Schoolers who just want to do M and A, investment banking sales and financial modeling. No quant, no coding and so on. Just good old fashioned sales, and still make ungodly amounts of money?

@ajpimentel5717 Год назад

No it’s not the 80s any more. If you want to make ungodly amounts of money you need to do ungodly amounts of work

@resa574 Год назад

It's not ungodly amounts of money lol, those days are behind us pre 2008. Finance is a contracting industry: too much competition in the HF/PE/VC/IB space AI is going to monopolize the tech industry into a couple of winners while cutting employees and thinning the team eventually. Arguably the most potential opportunity is in Biotech, but again risky

@DEXYDEVIL 11 месяцев назад

@@resa574should I pursue investment banking?

@armitageshanks2499 Год назад

Imagine graduating triple honours from HSW then working on fixing double spaces and font sizes 😂😂🤣 HF all the way

@rareliquid Год назад

lol

@BeamJadeniphit Год назад

❤❤❤

@HomoOeconomicus999 Год назад

Just the 90-hour working week will become 40 hours.

@rareliquid Год назад

not for a while imo unfortunately

@xxyanlixx Год назад

Im kinda glad im in manufacturing now. Unless AI can suddenly source materials and assemble an electronic gadget, otherwise my industry should remain the same. Right?

@andyangchannel Год назад

The job won’t be replaced but it will be made easier😄

@UnionPacific1997 Год назад

As long as your boss, CEO, and overlord aren't greedy

@nev6250 Год назад

Hi Ben Did you travel for work when you were an analyst? Is it common to do so?

@rareliquid Год назад

nope not that common maybe few times a year

@nev6250 Год назад

Did you travel via plane? Or was the distance short enough to travel via car/public transportation? Asking since I might have a passport issue, nothing illegal. Thanks for the reply. Have fun in Seoul!

@pinkpanther6228 22 дня назад

watching this after the GPT 4 -0 presentation?

@pietromicelli11 Год назад

GOAT

@AlexanderFrey Год назад

first step ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-k7Cc-4rdQ0s.html

@DARKAMIN021 18 дней назад

I mean AI shortened grunt work

@Bhilon 3 месяца назад

No because Microsoft wants people to suffer hence Elon musk suing. Bloomberg funding wef instead of open sourcing his terminals that could really help everyone

@mqttia-1924 Год назад

If modells are automated Investmentbanks wont need that much if analyst

@oluwamurewaadesanya1385 Год назад

Sorry chad

@rareliquid Год назад

no one feels sorry for chad

@mauvehawaii Год назад

no because IB analysts don't have technical skills. they're even the least technical of all the finance analysts. hence chatgpt can't replace them, because their job is not technical.

@armitageshanks2499 Год назад

?????? IB analysts are arguably more technical than ER and AM analysts, and hands down undoubtedly more technical and faster than the typical FP&A/ corpfin analyst

@ask_why000 Год назад

I don't really believe in an AI revolution. The only place it might have true enroads is financial services. AI will absolutely destroy investment banking. Just turn on a program and set the parameters and why would you need so many active managers?