PwC Mgmt Consulting vs. Goldman Sachs PWM??

Considering both PwC Mgmt Consulting (NYC) and GS PWM (Chicago) for summer internship in 2019. Anyone have any opinions, thoughts, insights into these roles? Interested to know anything about:

-exit opps
-pay
-hours/lifestyle
-firm/position prestige
-any firsthand experience

 

I know this might not be popular, but I'd honestly do PWC. Management consulting at a Big 4 is never a bad gig. If you want to do PWM, obv go goldman but if you do you could really lock yourself up in that industry.

Dayman?
 
Most Helpful

I originally thought this was fulltime. As an internship, I'd def go with MGMT consulting. Almost a no-brainer. You'll get real exposure to consulting work and will be able to better identify if the lifestyle is for you. At the end of the day, you can choose where you would like to go after the internship (e.g., consulting, cf, startup, etc.)

I don't think PWM will provide you as much insight into the industry. Consultants come from many places, you'll be able to speak with people who have had the internships, full-time, etc.

My $.02

 

Nulla provident distinctio corrupti non. Autem qui et tempore fuga. Excepturi cumque itaque odit praesentium et rerum et qui.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”