Investment Management Goldman Sachs?
Alright I am probably going to get a ton of heat for this post but I am really torn as to what I want to pursue. Currently I have received offers to do an investment management summer internship with Goldman Sachs as well as Management Consulting with PwC. I suspect that the investment management offer would be in the Private Wealth management area. I realize that these two internships are on the opposite sides of the spectrum. However, both intrigue me as they seem to require extensive client interaction. My questions are, what kind of people do PWM? Which one provides a more rewarding career?
Other useful information includes: I am a sophomore at Semi-target state school and am pursuing degrees in both finance & accounting.
PwC if you know it's going to be PWM
Can you elaborate on why?
If you're a sophomore, go with GS since the firm has a stronger brand name. You can go to other places next summer with GS IMD on your resume, assuming you don't like your experience in PWM.
He's a sophomore at a semi-target. Take Goldman Sachs. You can spin your experience into top IB or top consulting firms.
Thank you for the responses, I appreciate the input. As an actual career what is PWM like? I actually applied for the GS IBD but they gave me an interview for PWM instead, so I really have little idea as to what PWM is, what the career is like, or even what sort of people go into it.
brb google
Goldman investment management (Originally Posted: 02/04/2014)
Hey monkeys,
I received an offer from GS to join IM departement as a summer analyst. What is your opinion on this division?
How does it compare to their IB division in terms of prestige, deals, hours, pay?
Congrats!!
Which division? Risk, PM, or Client Services? Regardless, prestige, pay, and hours will all be less than IB, and you won't really be working on "deals"....
But congrats none-the-less, any summer offer at a reputable firm is something to be proud of.
Deals?
I dont understand sometimes how people get offers and seem to have no idea what the division does. Either way Congrads!
Many thanks to you all. Does anyone know how easy/difficult it is to get into IB after this?
also interested in this
Quaerat rerum earum necessitatibus explicabo explicabo nostrum placeat ducimus. Est corporis ut repellendus voluptatem quam ex animi.
Sit laboriosam nisi accusamus sint molestias nam pariatur animi. Amet et expedita et. Error mollitia voluptatum qui ullam labore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...