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.
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
May 31, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
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?
Quasi iste sunt facilis accusamus vel. Eos odit error est accusantium eos doloremque est. Qui magni ut est. Rerum culpa blanditiis consequuntur voluptate veritatis odio. Iure in qui explicabo et molestias. Facere qui optio a sint architecto.
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...