GS FIG?

Currently at an EB and while pay is kinda nice, I'm not sure how good is the career trajectory for someone who wants to stick out to IB beyond the junior years + in my vertical top BBs are simply stronger. 

Considering lateralling to GS FIG (FTAM vertical) as I've been in touch with some seniors there. Anyone has recent insights on culture etc? I've heard mixed reviews but so far have had really good convos with the team there

Appreciate any color here!

10 Comments
 

Depends on what you are solving for. I made a move with a similar rationale a couple of years ago, albeit from a lower-ranked BB to a top BB (GS/MS) while also considering a competing offer from an EB. While the pay seemed enticing, I ultimately went with the top BB and don't regret it for a minute.

The opportunities & network a top group at a place like GS or MS can give you is unmatched, especially as you progress in your roles. If I were an analyst who exits in 2 years, then I would probably be more indifferent, but once you hit your mid-level/senior years, the brand a top BB can provide is frankly superior. 

 

Hours are awful TBH. Nothing toxic but I feel you're pulling 3ams regardless of whether you're on a live deal or a pitch. Overall, the motive for the move would be to get better exposure, upward mobility, deal quality - I realize GS FIG is not a lifestyle group haha

 

This forum glazes over EBs but IMO for specific sectors, it makes no sense to pick an EB over a top BB

For FIG for eg, as you pointed out, GS/JPM/MS have much better FIG/FinTech platforms vs any EB. Similarly, if you're into tech IB, no point in going to any non-Q EB vs GS TMT or MS MP, they are far better.

I'm at one of MOE/LAZ/PWP and the overall exposure you get at a strong BB group is better. 

 

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