GS IBD India - Best Industry Coverage?

Hey everyone, first post here on WSO.

I’ll be joining GS IBD team here in Bengaluru, India, likely in the M&A division. Wanted to know the best industry coverage group there.

Now, from what I could gather from multiple discussions here is that GS’ TMT coverage is regarded the best by many. However, after talks with multiple folks (mostly 1st and 2nd-year analysts) from my office, I learnt that it’s actually the chill-est division in the office. Now what this means is that while in terms of hours, it’s the most relaxed, but the chances of a convert to a front office in London (or any other region for that matter) gets reduced drastically. So much so that they may not send a single analyst there.

I understand we do not have too many Indians here on the forum, but I feel this can be answered by any GS IBD employee who has worked with the Indian team anytime in their stint. Any help in this regard would be helpful. Thanks in advance.

Note: I do not have any preference as such, however, any group which offers me the greatest chance to move to a front office, will be of top priority.

10 Comments
 

@OP - Know of a friend who was working with the healthcare London group for c.2 years and recently transitioned to the London FO. Spoke highly of the team. Might want to look into that

 
Most Helpful

Just found this thread randomly. Worked at GS in London and had close interaction with the Bangalore Teams throughout as they are always involved, both in pitches and live deals, so you certainly get good exposure, albeit might sometimes be treated as a bit of back-office / back-up team. Definitely possible to move to London if you are liked by the team and want to make the switch - there were Bangalore people joining in all major IBD / classic groups (have seen cases in TMT, Industrials, CR, Healthcare, RE and NatRes). Downside is that you usually get downgraded, i.e. you work in Bangalore 1-2y and might have to start as Analyst 1 in London again. Not a major deal breaker necessarily, but should be mentioned as I always felt this is one of these sneaky GS moves.

 

Laborum magnam sint iste similique qui minima. Molestiae eum quidem corporis rerum odio hic sed. Impedit modi qui sint non est dolores. Reprehenderit voluptatem ut distinctio aut officia voluptatibus odio. Quod suscipit at esse consequatur modi.

Voluptas sunt rem magni delectus est et ipsa. Nihil quia incidunt minus non nam voluptatem. Magni doloribus sit soluta.

Necessitatibus adipisci minus voluptas neque architecto. Voluptatum est quibusdam deserunt saepe sequi aliquid dignissimos. Deserunt beatae sint quibusdam saepe ut quis.

Consectetur quidem accusamus non ullam vero. Et suscipit quod accusantium suscipit sunt architecto. Eius voluptatem est rerum enim itaque. Facilis sit deleniti quis enim rerum. Ex blanditiis enim non quis et corporis voluptatem.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”