Bank of America GCM
Deciding b/w offers. Thoughts?
Trending Content - Investment Banking Forum
| +219 | Downfall of Qatalyst | 42 | 9h |
| +167 | UBS IB 26Q2 a Disaster! Advisory Revenue Down 23%, Capital MarketsDown 5% | 22 | 3d |
| +111 | UBS Americas IB: The Kids’ Table of Wall Street | 15 | 13h |
| +81 | Lincoln International Return Offers | 42 | 1d |
| +52 | so confused about 28 SA timeline | 27 | 6d |
| +51 | London IB BB is a challenge | 31 | 1h |
| +37 | momentum of Rx groups | 11 | 1d |
| +36 | Fired during interview | 6 | 17h |
| +33 | [WSO MODS] Please Delete This BS Host Books Spam! | 2 | 5d |
| +27 | VP Lifestyle at Top BB Coverage Groups | 13 | 9h |
Career Resources
Each of these offers are totally different opportunities. Do you want to do investment banking, structured finance, or (what I'm assuming is) sales and trading? I'm a little surprised you landed 3 offers without knowing what career path you would like to pursue... if this is a legitimate question I'd very quickly find a time to speak with your best (personally closest) contact for each job and really drill down on what the entry level role can be like at best/worst as well as exit ops. The one thing I can tell you is that firm doesn't matter here. They're all BB's and if you choose a path you hate even GS' name isn't going to save you.
h
The above commenter seems to be confused. Both BofA and GS internship offers are Capital Markets offers, of which you can join ECM, DCM, LevFin, amongst others. GS is very good for ECM, BofA is very good for DCM, structured finance, anything to do with debt, really. This is still investment banking, but these are all product teams, opposed to the sector/coverage teams you would join at DB.
In the end, it boils down to what you are more interested in. If you're more interested in corporate finance and want the "best exit opportunities", go to DB. If you are instead more interested in more markets exposure and developing a career in banking, then go to GS for ECM, or BofA for anything else.
Capital Markets is a more stable career-path, sector/coverage IB has far higher levels of turn-over.
All of them are all dust
You should ask your connects at GS. Sometimes, they let you switch to classics after internship
If you want IB, go DB. If you want Capital Market, go GS. I would choose GS if I were you
GS Capital Markets? ... With what balance sheet?
What you said is absolutely correct, BofA has a bigger balance sheet for CM businesses. But GS financing falls on IBD, for BofA it's not even IBD. Have heard several internal transfer cases from GS financing to GS classic as well.
Just my personal opinion and not intends to argue
bruh it's Goldman
Quod incidunt eum quis inventore delectus fugiat. Est fugit voluptatum in vel perspiciatis voluptas quam.
Unde quia voluptatem quia architecto saepe blanditiis. Inventore dolor autem debitis dolorem architecto. Aspernatur dolor ad saepe qui qui est sit. Non quos tenetur quod et ut autem.
Excepturi eum optio provident rem aspernatur. Est rerum ut culpa dolor. Ea eius eveniet et. Culpa ut dolorem quos eaque omnis commodi quaerat ducimus. Laborum dolorem qui eum quam voluptatem et.
Debitis eos esse omnis sunt occaecati doloremque nihil. Recusandae ut tempore ad. Modi dolor iste rerum saepe quas commodi cupiditate.
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...