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 GSTMT 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.

 

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