UVA Regulation adjunct professor Jim Donovan, vice chairman of worldwide shopper protection at Goldman Sachs, discusses what it takes to turn into an efficient funding banker throughout a chat at UVA’s Batten Faculty of Management and Public Coverage. (College of Virginia Faculty of Regulation, Oct. 4, 2023)
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Wich are the 3 financial Statements
outstanding lecture!!!
These classes are perfect!
I agree with everything besides using online resources to solve problems
The only question I have is what if WSJ goes bankrupt within next 4-5 years ?😅
Thank you for your suggestions, I love them 😀
WONDERFUL , NO BETTER ✅👌
Jim Donovan is THE Man
He is God among us
Good morning,would listening to Bloomberg suffice?
Where’s my people!
Not even in the investment banker but here are my notes:
ASSUMING YOU DO due diligence on company, know how to walk your employer through your resume
———-
How to get the job:
Read WSJ daily 3 mins (one macroeconomic topic, one microeconomic topic, one misc)
Do proper research on 3 Financial Statements. If you don’t know what they are, look them up.
Make it so that they the interviewer is talking about themselves. “What made you decide to become an investment banker at XYZ firm? What transactions are you or have been involved in?”
Ask open ended questions that take sentences to respond. Avoid yes, no questions.
———
How to keep a job:
Find someone one or two years ahead of you doing what you are doing who is THE BEST. Then, model your behavior after them even if you have no common interest, even if you don’t like them.
First impressions matter a lot. Your first five interactions with someone can make or break.
Take notes, it makes your employer feel more secure, even if you have a photographic memory.
————-
How to excel in the job.
The best investment bankers are the hardest workers.
Master Discipline both inside and outside the job.
Become the best at what you do. Keep reading and always be learning.
Drop your ego. There is no task beneath you.
Be assertive. Give the client what they pay you for. Don’t give them a slew of options and tell them to pick. If you give them options, advocate for the best one for them, even if it’s not in your interest.
Never Give Up. This separates good bankers from break bankers.
This guy has the best comments.
Why should I re-invent the wheel when it is already there? If I was asked to create a spreadsheet performing a task, I’d tweak what I found on the Internet. Saves time and money.
One of the most concise, informative, insightful, and encouraging videos I’ve ever seen. Applicable to all business jobs and many aspect of life. Thank you Mr. Donovan!
investment banker
Or be an entrepreneur
This gentleman is a Legend!
I love his speech and mannerisms.
Nothing better than this on 31st dec 2023!!
UVA is very good at teaching students how to look professional. Wish he actually goes into how to make good use of the notes, for example, on the more concrete level.
Execelent speech, he is someone I look up to, he is my role model even though I didn't pursue a career in IB.
I used to look around at management committee meetings and think, “If we were to go to war, who would I want to be our leader”. Jim Donovan would definitely get my vote.
One of the greatest piece of advice on investment banking.
This is aimed at aspiring investment bankers but I tell you what, this is some of the best advice I have ever heard for multiple careers.
Im a reading a different wsj or does it just suck now
Take note, Patrick Bateman
Jim is rarely wrong, but he is wrong here. Investment bankers are bred by the wizard Saruman in the pits of Isengard.
I feel like this is good advice for any job.
The kool-aid man forgot to bring up the "investment wanker" joke
Title of the video should really be: "The Making of a 'high performing professional in the professional services industry'"…
State school kid here:
So when he says “know the financial statements” if you’re a state school guy that’s code for memorize literally every single technical question they could possibly ask
What’s the op Ed page?