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!
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!
| +90 | [2026 - October] Unbiased Prestige Rankings | 57 | 2h |
| +88 | Who is the final boss in Houston Energy? (GS, JEFF or EVR) | 23 | 50m |
| +81 | You should probably leave IB | 27 | 3h |
| +46 | Why Do We Turn Comments? | 11 | 2h |
| +43 | Tomorrow Will Be Better | 5 | 4d |
| +41 | Moelis PCA vs Lower tier BB Coverage | 30 | 1d |
| +26 | Lateraling as Analyst | 25 | 1h |
| +26 | Banking (Un)fortunately Still Needs You: My Case for Bankers in the AI Era | 4 | 2h |
| +24 | How much should you ask questions / seek feedback as an intern? | 9 | 14h |
| +24 | UBS IB #24 in US M&A in 2026 | 10 | 11h |
Career Resources
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:
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.
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.
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.
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
bumping
going from c&r to industrials sounds crazy to me imo, hopefully you are not actually attempting this move
lol just an example, but curious why it's crazy
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
Thanks! Mind if I PM?
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
Pretty easy at the ASO level. NY GS TMT bleeding bodies -- picked up tons of ASO laterals this summer.
Ducimus voluptatem beatae quia nesciunt suscipit aperiam adipisci. Vero assumenda quasi corrupti accusantium placeat quod. Magni expedita sunt voluptate iure ad. Laborum aspernatur aliquam rerum adipisci odio esse eligendi. Reprehenderit et molestiae aut quia facilis.
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...