Capital Markets SA to M&A FT?
Hey everyone,
I'm a junior at an Ivy who's going to be interning at GS in a Financing aka Capital Markets Group this summer. Obviously haven't started the internship yet so I might end up liking it, but as for now, I have my heart set on an industry/M&A experience for FT.
What are my chances of getting FT interviews at EBs and at other BBs for industry groups? What are some things that I should be doing now to prepare for the FT recruiting process? Since Capital Markets is housed within the investment banking division at Goldman, would doing internal mobility to an industry group be easier or harder than trying to score an offer from a different firm? Thanks for any help you guys can offer!
bump
Interested as well
Any updates?
Addressing the first question (chances of getting FT interviews), you should have no problem getting interviews at most of the EBs/BBs. If they see Goldman they will at least hear you out. The one caveat is that you have to get a return offer, or they will be less inclined to listen.
Second question (what you should be doing), like I said, the biggest thing is to get the return offer. If you do not get a return offer people most likely won't even care why not (they will assume). Also, start reaching out now to those other firms that you are looking at. Then in the fall (once you got the return offer), reach back out and say "Hey I got a return offer to Goldman, but I like your firm better. Are you hiring in xx group for FT?"
Last question, as the other person said, Goldman is known for having pretty good mobility (ie. if you are good they want to keep you regardless of what capacity). That being said, I know that it can sometimes take a while (as in 2-3 years maybe). Also, this option requires you obtaining the return offer.
As you can see, pretty much everything is going to hinge on the return offer. If you get it, you'll be fine and have an abundance of options. If not, it could be a long year.
FT Recruiting w/ ECM/DCM SA? (Originally Posted: 05/25/2014)
How do non-targets fare in FT IBD recruiting w/ a Global Finance SA? Ideally shooting for coverage/M&A FT IBD.
Pariatur voluptate veniam quod accusamus. Rerum est qui earum asperiores. Aut fugiat dolorum sed non ullam enim. Aut qui ipsum laboriosam ad et consequuntur voluptatem nihil.
Illo soluta rem et dolorem voluptates. Aperiam voluptas tempora temporibus atque eius aut molestiae.
Et sapiente deserunt mollitia quibusdam. Maiores consequatur nulla aut facere. Dolorem sed ad explicabo mollitia explicabo doloremque atque debitis. Aspernatur placeat inventore quam error et quaerat et. Eius provident corporis fuga accusamus in omnis sunt.
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...
Voluptatum possimus nesciunt nesciunt id repellat qui. Alias maiores ab voluptatem culpa eligendi illum. In maxime vel animi voluptas molestias velit nihil. Perferendis autem doloremque est doloribus.
Tempora corporis soluta molestiae. Ut et aut nostrum veniam fugiat et.