Hi all, anyone familiar with this group? Heard they kind of help out with nuance tasks coming from other office locations in IBD. Also if anyone is familiar, does the group have a high transfer rate and is it possible to lateral internally?
| +129 | I think I’m logging off after ER visit | 27 | 10m |
| +114 | AI Creating More Work | 36 | 13h |
| +112 | Is it Bad That I ALREADY Don’t Care? | 32 | 10h |
| +98 | Senior Banker's Guide to IB Recruiting / Group Placement (with a Healthcare Bent) | 13 | 4h |
| +84 | Shit PWP Culture | 63 | 2h |
| +66 | Is pay at BofA really that bad? | 20 | 47m |
| +46 | How easy was recruiting for you? | 22 | 3h |
| +38 | Is the life of a VP at a 'top-bank' really good? | 12 | 8h |
| +37 | 22yo IB Analyst just had mental health breakdown | 11 | 2d |
| +22 | Law school instead of MBA for RX Banking | 3 | 2d |
Career Resources
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.
Former GS IBD analyst here.
You are right, the DRG team helps with different kinds of data request, mostly pulling share price charts, trading multiples, ownership data, broker recommendations, financial estimates, precedent transactions (deal runs) etc. to just name a few.
I am not sure it is the easiest route to take if you plan to be in IBD in the long-run, but it is certainly possible. We had one person in our industry coverage team and know of a few other people in other teams as well.
What industry coverage groups are more easy to lateral into from a group like DRG? Or is just luck of the draw?
It's relatively random as it will also depend on your networking, but simply but, groups with highest turnover will be more likely to seek hires from inside organization. TMT and Industrials probably have highest turnover, but also attract outside lateral hires, so the higher bleeding may be very well offset. Honestly I'd just be open and flag it to your manager - if you are good and liked by the team, GS usually tries to accommodate.
How would you recommend bringing that up to your manager if you're genuinely interested in lateraling from a position in that group? Thanks for all your help!
Would assume they would ask you to wait 2 years until the analyst class leaves for buy side which is where a lot of lateral spots open up and people move groups for their associate years
Culpa voluptas et similique voluptas aut consequatur voluptate aut. Voluptatem facere enim mollitia minus deserunt. Porro a sed aut suscipit dolor.
Sunt adipisci voluptatem enim doloribus molestiae. Tenetur enim quos aliquid nulla eveniet sunt recusandae. Odit soluta eaque tempora dolores omnis. Veritatis ut perferendis cumque error. Hic eos voluptas et iste et.
Molestiae pariatur animi alias voluptatem modi mollitia eum. Sit omnis autem suscipit sint. Explicabo odio officia ut a dolorem dolor. Culpa ea perspiciatis eum est corporis earum eum.
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...