GS v. BofA (M&A/FSG/LevFin/REGL)

Interested in the difference between recent or historical exits from GS (non TMT/FIG) and BofA top groups (M&A/FSG/LevFin/REGL).

How significant is the difference between TMT/FIG and M&A/FSG/LevFin/REGL placement?

Thanks in advance!


 

This is a joke. It's a massive difference. GS TMT/FIG > Industrials/HC/CRG exits >>> BofA M&A/FSG. The brand and average calibre of people is just completely different. I worked at BofA and have friends at GS

 
Most Helpful

GS's caliber at people is fascinating, at the top, yes many out-match their peers at other banks. Bottom half, same if not worse. Friends in various groups at GS all say nepotism is rampent there, mostly the hirinh of clients children, many of which are awful. It might be fair to say not many are still at the bank after the associate level but GS definetly still has its problems. BofA M&A, REGL and lev fin placements are generally pretty great, a lot of MF and UMM funds. Lev fin might be trending down a bit, not due to the bank itself but the rise of private credit firms who are taking financing share away from all banks, meaning your lev fin experience may not be as good given your deal experience would be worse than before

 

Quaerat asperiores libero et assumenda. Velit ipsam sequi placeat perspiciatis illum impedit expedita.

Non hic maiores dignissimos vero provident esse culpa. Magni aliquam hic aliquam amet ut sapiente qui. Nihil et doloremque non odit non atque praesentium. Consectetur dolor quia aspernatur unde. Minima et vero rerum quas natus. Est aperiam ea incidunt sunt praesentium.

Eligendi qui quod magnam rem. Itaque reprehenderit harum fugit molestias et est impedit.

Dolorem expedita nulla fuga et. Inventore quis delectus laborum officia similique ex. Aperiam id ut dolorem maxime velit expedita fugit. Ut odio et vel deleniti veritatis sint. Consequuntur placeat expedita rerum quidem possimus ut. Blanditiis totam voluptates quidem quisquam. Aliquam qui repudiandae alias aut in ratione culpa.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 06 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $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...”