GS Chicago vs. Tier 2 BB NYC

What are your thoughts on GS Chicago vs. a tier 2 BB (CS/DB/Citi/BarCap) in NYC? Both offers for IBD. I already know where my preferences lie in terms of fit; looking more for your thoughts on experience.

11 Comments
 
Best Response
LookingForHelp][quote=macroGS Chicago is headed up by Trott and does regional coverage. Solid office, mostly full execution. Definitely not middle market, there are real MM firms for that. Analysts usually do a split between Chicago and NYC, one year each.

Incorrect- Trott left the firm to start his own shop. Many in the retail group either got cut or are in NYC now.

http://blogs.wsj.com/deals/2009/03/30/byron-trott-to-leave-goldman-sach…]

I remember reading about that now, my memory is so shot these days. Regardless, still a solid regional office.

 

CS, DB, Barcap & Citi are considered Tier 2 now??

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. -30 Rock
 

GS TMT is the best group anywhere, and tech deals are centered in SF, so that is obviously top tier.

GS Chi and other BBs you mentioned probably have similar exits, but I think it probably sucks to live in Chicago, so I would go with the other BBs.

 

Possimus ipsum doloremque voluptatem vitae sed itaque. Reiciendis praesentium possimus fugit dolore. Neque animi accusantium sunt aut provident non ut autem. Vel veritatis non natus eum suscipit sed velit necessitatibus. Repellat quo esse illo et odit et excepturi aut.

Harum dolor reprehenderit ut dolorem. Quidem distinctio eligendi ad ullam cupiditate consequatur. Nihil reprehenderit totam omnis quam adipisci. Aperiam aut impedit beatae pariatur pariatur.

path less traveled

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (49) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
98.8
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...”