Goldman Research
Anyone know anything about Goldman equity research?
Trying to get some insight on the culture, hours, exit opps, respectability...anything that sets them apart in research.
Heavy focus on the numbers. Unofficial policy of being the best rather than the biggest; serve fewer buy-side clients hence poor ranking in Starmine, Extel etc.
Culture is more academic than other houses. Greater distance from the floor, and Spec Sales (or Marketing Analysts as called at GS) sit in the Research team rather than the Sales team.
Exit opportunities tend to be based on the Goldman name and alumni rather than analysts' reputation with the buy-side. They use a relatively unusual ratio technique for valuation and generally don't bother with DCF, which has an impact on transferability of skills to say PE. Nevertheless, very well respected. Calibre of employees within the department is exceptional, but there's less opportunity to make a name for yourself as an analyst.
Hours are standard ER: roughly 6:30 to 5:30 but fluctuates with newsflow.
Can you elaborate on the "culture being more academic?" And what do spec sales people exactly do?
Only guy I know that went to Goldman ER later joined two VERY VERY prestigious HFs.
If you don't mind me asking, was it a fund of citadel/SAC Capital/Moore caliber?
greater distance from the floor? what? I heard research worked closely with traders at Goldman...guess not?
Ab veritatis nostrum eius qui architecto deleniti. Ut et suscipit et distinctio. Est tenetur libero illum quidem.
Eaque voluptas aut perspiciatis quod illo neque. Impedit provident quo officia dolor sunt delectus dolorum. Est voluptatibus sit non. Ex saepe ipsam magnam iure id cupiditate inventore. Accusantium rerum et amet est enim culpa sunt.
Laboriosam vel accusamus molestias quibusdam sint quidem. Dolore hic ut sint vero quis fugit. Natus delectus sed ut et ut. Natus maiores sint quod id velit dolorem.
Voluptas nesciunt provident dolores architecto ut sunt. Quia est dolor temporibus sequi minima et.
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...