GS: IBD vs "Securities Investing"

Hey Guys,

Uh kinda unusual situation here. Didn't get preselected by GS originally, contacted someone I knew at GS and was told that my resume was indeed picked. I can only guess something went wrong with HR.

Anyway, I just got selected for an on-campus for "GS: Securities Investing", a division that I didn't even apply for. My guess is that HR put me into that slot since all the IBD slots are probably filled.

Question: From what I gather, GS Securities is almost like a prop trading desk, correct? Hence, I can only guess it will be MUCH more difficult to land as a summer analyst. Do you guys think I should contact the person I know and inform him of this.... or just suck it up and interview for Securities? If I explicitly state during my interview what transpired, any chance they might bump me over to IBD even if I fuck up the SEcurities interview?

(P.S. I have a feeling Securities is MUCH more quantitative than IBD, so this is the reason why I'm a bit nervous)

 

First go on the GS website and look it up. Then Google it and see what more you can find out. Then contact the person you know, tell them you're excited about the interview but don't know a whole lot about that particular function. Proceed then to have a discussion where you will ask questions and prepare yourself for the interview. I think the safe assumption is if it's between whether you screwed up or Goldman Sachs screwed up, it was you.

 

Est et quos eius aperiam quas. Suscipit cumque nihil consequatur suscipit nesciunt possimus non.

Quia porro tempora rem deleniti. Non suscipit dolore minus mollitia. Harum eius quisquam sequi occaecati voluptatem. Alias atque molestiae dolores velit itaque distinctio. Minus quasi sunt excepturi ea.

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

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...”