thoughts on PIMCO?
(Monkey, 56
Points)
on 4/17/07 at 9:25pm
- What is their reputation like in the street?
- What is the exit opp like if one decides to pursue ibanking? would it be helpful at all coming from the buy side? or is it irrelevant?





legit
pimco is a very legit buyside/money management firm. Most people enter banking for the exit opps into the buyside, not sure why one would want to do the reverse route.
I'm sure it is possible to switch over to banking, although that would depend on the role you had in pimco. If it was as a buy side analyst, trader, something like that, im sure the transition would not be too hard. If it was more of a back office, operations role, it would be more difficult
are you serious? pimco is
are you serious? pimco is one of the absolute biggest names in fixed income. if you work there you don't want to go to ibanking.
for monetary reward.
for monetary reward.
for monetary reward what?
for monetary reward what?
It seems like there is a lot
It seems like there is a lot more money in banking. Am I mistaken?
yes. and there's a lot of
yes. and there's a lot of money in trading, and on the buy side, and in law, and in....
what's your point? you can make plenty at pimco. if you're good you can make a helluva a lot more than you would at a bank.
...
You know how many of us are always talking about how all you guys obsessed with IB need to wake up and realize there are positions out there that blow away IB at Goldman?
Well, PIMCO is one of them. PIMCO is significantly harder to land a gig at than Goldman. Period. I went to 1 of the 2 MBA programs PIMCO recruits at, and landing a position there is considered far more prestigious than any banking job.
PIMCO has clout.
PIMCO has clout. It literally has senior bankers doing backflips for morsels, like most big buy-side shops. PIMCO gets whatever it wants because it has money. Also, asset manager name is more significant in distribution than bank name.
If you're interested in California, TCW is another good FI shop.
thanks for the inputs!
thanks for the inputs!
Gross
Bill Gross is the man, he talks and everyone listens.
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Either you sling crack rock or you got a wicked jump shot
he talks and you know what
he talks and you know what positions he's in and trying to get out of.
Interviewed at PIMCO and Goldman
PIMCO's reputation is second to none. They told me last year they had 8 SA (6 in OC and 2 in NY), and they are around 900 employees total. I had a phone interview with HR, and unfortunately for me, their next step in recruiting process runs a little later that most BB (they begin round 2 at the end of January). I had an offer from GS at the beginning of Jan so I never got to go back for round two. Its a great company and offers a great opportunity for someone to work in a "smaller" organization....and besides Bill Gross is really "the man"!
you could've kept
you could've kept interviewing if you'd really wanted to work there.
Any difference between OC
Any difference between OC and NY office? I know that OC is their HQ...
for starters
Tollerable weather, nicer girls, less expensive..
jk, you've hit the nail on the head. The VAST majority of their busienss is in OC.
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Either you sling crack rock or you got a wicked jump shot
I know I could have but...
Interesting...is PIMCO
I like PIMCO. I like Bill
Pimco talks, traders listen
yeah basically bill gross is
what do you mean by 'harder
I knew that PIMCO has a good
....
"Goldman hired at least 100
What does an account manager
At a bank. what do you do
in any case, I thought
...
let's just say you are very
I work in an automated
good luck with that. i'm
Good guess. We used to trade
rates.
Re: yes. and there's a lot of
I think they do hire
By the way, I guess if you
you know pimco trades bonds
only guy I knew that worked
Jimbo, I think you are wrong
Re: Jimbo, I think you are wrong
you think i'm wrong about
Re: you think i'm wrong about
friday morning on 4 hours
Re: friday morning on 4 hours
Thursday night is the night
ha, no i left work at 6 yday
Guys, PIMCO is a mutual
prescott, what do you do?
High School student.
how's that going for you?