GS IBD LA

Does anyone know about the LA office of GS? What groups the office houses? Culture? Schools the office focuses recruiting efforts at? Exit opps, etc?

From my understanding, they have TMT (primarily focusing on media), industrials, healthcare, and FIG groups in the office. Outside of that, I don't know too much about the office itself.

If anyone can provide more color, it would be much appreciated. As always, thanks.

 

..... GS doesn't have product groups buddy. And i don't think they have TMT out of LA for all i know. Last thing I heard is that they have a FIG group there. And also, just email the recruiter, get the answer, and then tell us more info too.

 

USC undergrads were allowed to submit their resume and a select few were picked to attend the "private" info session in LA and SF.

So if SC is one of the West Coast targets, then I'm sure Stanford, Cal, and UCLA all got the invitation as well.

 
Best Response

It amazes me how many kids post misleading or flat out wrong advice on this board. If you don't know what you're talking about then plz dont post at all.

GS LA currently consists of two groups, FIG and CRG. Of those, FIG has the stronger deal flow and exit ops, and frequently places into top PE on the West Coast (SLP, Oak Tree, etc.).

There is NO TMT or Healthcare team in LA... there used to be communications/media guys but they got axed during the financial crisis. The office itself used to be quite large but has been reduced to less than half its original size since the crisis hit. Since things are better now they are talking about building back up.

That said... it is one of the top LA offices in terms of exit ops, in a large part due to the brand name. It is harder to exit to the East Coast... but they have access to all of the top megafunds in SF/LA.

Hope this was helpful.

 
tripleD95:
It amazes me how many kids post misleading or flat out wrong advice on this board. If you don't know what you're talking about then plz dont post at all.

GS LA currently consists of two groups, FIG and CRG. Of those, FIG has the stronger deal flow and exit ops, and frequently places into top PE on the West Coast (SLP, Oak Tree, etc.).

There is NO TMT or Healthcare team in LA... there used to be communications/media guys but they got axed during the financial crisis. The office itself used to be quite large but has been reduced to less than half its original size since the crisis hit. Since things are better now they are talking about building back up.

That said... it is one of the top LA offices in terms of exit ops, in a large part due to the brand name. It is harder to exit to the East Coast... but they have access to all of the top megafunds in SF/LA.

Hope this was helpful.

CRG = Consumer and Retail Group?

Thanks for the info.

 

From a buddy of mine in SF TMT: "there are no junior TMT people in LA. A few partners, but that's only because they're partners and want to live in LA." He also said the LA office got hammered after the crisis - 40% fired, 20% transferred to other offices. I'd stay away from GS LA if I had the option.

 
soongcs:
accountspayable:
Interesting. I can't find anything on the Cal Career site with regards to any summer recruiting events.

its not there anymore. it was there for like 4/5 days.

Really? Too bad there isn't a way to have the system auto-email you when certain companies post listings. It was a pain checking that site everyday during recruiting season. I can't imagine having to do the same in the summer as well.
 

i have a networking session with them tomorrow...

am i to assume that this could be a way for them to see if they would want to interview anyone this late in the game to see for potential summer analysts?

or just an early way to meet new students for FT recruitment? im a junior btw so i dnt think this would be a way to meet potential candidates for NEXT years SA...

thoughts? also any clarification on what industry groups they have would help, as some are saying TMT ?, healthcare ? FIG?

thanks

 

Consequuntur porro expedita id delectus facilis. Labore minus numquam officiis est hic.

Iste hic excepturi ea sint dolorem consequatur eum. Illum aperiam sit minima sint voluptates. Suscipit ex similique rerum sunt at autem consectetur aut. Aspernatur aperiam id facilis omnis. Nisi consectetur maiores dolorum consequatur blanditiis vitae vel et. Asperiores placeat assumenda quia et sapiente.

Ut veritatis quia ut omnis qui autem quia sit. Perspiciatis sunt quo aut vel. Reprehenderit quasi voluptatem corrupti sit. Consectetur qui mollitia facilis odit sit exercitationem. Cumque qui consectetur sit enim tempore asperiores.

Et rerum vel est rem dolor quo. Corporis voluptate molestiae ex autem veniam quia. Rerum consequatur consequuntur aspernatur fugiat qui. Quo eos vel nobis consequatur ut explicabo. Facilis expedita voluptas magni ut atque quis doloribus. Facere consequatur cumque aut molestiae pariatur sequi non.

"If you can count your money, you don't have a billion dollars." - J. Paul Getty
 

Ut sed cumque optio expedita voluptatem impedit. Doloremque rem a ipsam totam.

Harum laboriosam voluptas aut molestiae sit. Qui et nihil voluptatibus ducimus rem ipsam officiis. Non ea quia sunt sed nulla aspernatur dolor. Non voluptatem libero architecto.

Perspiciatis consequatur perspiciatis veniam voluptas. Quis quia ut in facilis architecto.

 

Aut commodi nihil voluptas et deleniti quia repudiandae. Sit ipsa quaerat numquam voluptas ut. Aliquid ratione sequi sed provident quo in omnis. Repellendus molestias nam accusantium accusantium at enim.

Aut repellat a necessitatibus quod quos corrupti ipsa. Consectetur et non nobis illum ex. Et quis quaerat eum magnam doloremque nihil ipsam.

Unde culpa asperiores alias omnis est in laboriosam. Laborum harum quis illum cupiditate et repudiandae.

Career Advancement Opportunities

April 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 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
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...”