GS IBD Internal Mobility

Anyone have any insights on GS internal mobility within IBD coverage groups (ex. C&R to Industrials). Have heard mixed things. Would appreciate any insights.

Cheers!

10 Comments
 

Based on the most helpful WSO content, internal mobility within Goldman Sachs (GS) is encouraged, especially for top performers, as part of their professional development strategy. However, the ease of moving between IBD coverage groups, such as from Consumer & Retail (C&R) to Industrials, can vary depending on several factors:

  1. Performance and Networking: GS values strong performers who have built solid relationships within the firm. Networking effectively and forming genuine connections with individuals in the target group can significantly improve your chances.

  2. Timing and Openings: Internal mobility often depends on the availability of roles in the desired group. Turnover at the junior level is relatively high, so opportunities may arise if you stay proactive and maintain communication with the relevant teams.

  3. Challenges: While GS supports mobility, switching between groups within IBD can still be challenging. Some groups may have specific preferences or require additional effort to demonstrate your fit and interest.

  4. Strategy: To improve your chances, focus on building relationships with key individuals in the target group, showcasing your skills, and expressing your interest clearly. Additionally, understanding the culture and expectations of the target group can help you position yourself effectively.

If you’re determined and strategic, internal mobility within GS IBD is achievable, but it requires effort and persistence.

Sources: Q&A: GS/MS IB Analyst —> Megafund PE Associate —> HBS/GSB Business School, Q&A: GS/MS IB Analyst —> Megafund PE Associate —> HBS/GSB Business School, JP Morgan intern switching divisions, Goldman Sachs SLC IBD Overview

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

It's easy. eg. GS TMT (both SF and NY) and industrials. They all have a couple of people who lateraled from the Houston Energy group

 

Pretty sure internal mobility between various IBD not allowed this year. The example you provided would not work, but S&T to IBD would.

 

Anonymous Monkey:

Pretty sure internal mobility between various IBD not allowed this year. The example you provided would not work, but S&T to IBD would.


Completely untrue, my friend moved from London Industrials to NY TMT last week

 

Eos tenetur aut labore accusamus. Consequuntur placeat enim ad.

Tempora molestiae ea ea occaecati. Nihil quibusdam assumenda perferendis velit.

Est voluptatibus molestias accusamus quas consequatur aperiam veritatis. Iure sequi tempore ea voluptatem. Exercitationem sit accusamus ut cupiditate accusantium magni. Et temporibus autem ipsam dolor ut.

Sint earum ea commodi facilis. Dolorem est necessitatibus omnis autem odio magnam omnis. Quia rerum nostrum suscipit officiis vitae. Voluptatem nostrum et dicta qui rerum voluptatibus.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
dosk17's picture
dosk17
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...”