GS IBD to Blackstone R&R

Hey all. I am starting at GS IBD next week at one of the top groups as a FT analyst. While I am really happy about this, I do feel that restructuring is really interesting and would love to do that at Blackstone. I don't know anyone at Blackstone, however. Would it be possible to switch from GS to Blackstone within a year? Don't want to spend more than a year at GS if possible. If so, how would I go about doing this?

17 Comments
 

It's generally best to spend at least 1.5 years at a given role. To answer your first question I would need to know what the IBD group is in which you work. If it's municipal finance the answer is probably no. If it's M&A your odds are much better.

"He that hath a beard is more than a youth, and he that hath no beard is less than a man." ― William Shakespeare, Much Ado About Nothing
 

BX has a well known 2 and out culture and hire almost zero laterals (i say 'almost' because i'm sure someone somewhere made it happen, but i personally know / know of nobody who made the jump there) so this will be extraordinarily difficult. wouldn't worry or try to make moves - chances are there is an opportunity at GS you'll be interested in that you can go to after 2 years through their mobility program.

 
Best Response

By "top group" wtf do you mean? Listen you self-important little cock gobbler, do you know what the big, wide world of finance thinks of your "top group" at Goldman IBD. They don't give a shit. Best case scenario they think you're a bunch of punk ass little bitch salesmen that you throw a bone to every once in a while when you need some leverage.

So look, I don't know what tho "top group" is, but if you're not in the restructuring group, there's a lot of overlap between restructuring and lev fun, so you could target that group. If you want to play in restructuring, you're going to have to actually read the bond indentures and other shit you're writing unlike most coverage guys. You're going to have to learn about the products in depth.

But dude - you don't know the first thing about what you want to do. You don't even know what the various markets look like. Do yourself a favor and focus on learning from the people that want to teach you.

You might think restructuring sounds cool. But you'll never get to where you want to be if you decide you're too good for your mentors.

Nobody cares about your half thought out "goals,"

 

You are funny. Strangely angry for no reason and make a lot of assumptions, but funny. Let me comment on a couple of things:

1) If you don't know what the top couple groups at GS are, you are not knowledgable enough to answer my question (as is shown by the fact that you thought GS has a restructuring group...). Thanks for playing.

2) I don't know the first thing about what I want to do? Wtf? Where did you get that? Ridiculous.

3) I don't know what the markets look like? Look at 2.

4) I think I am too good for my mentors? Wtf again? I am in fact quite confident from my internship last summer that they are very capable. Once again, you make some sort of ridiculous assumptions.

 
NYCbandar

By "top group" wtf do you mean? Listen you self-important little cock gobbler, do you know what the big, wide world of finance thinks of your "top group" at Goldman IBD. They don't give a shit. Best case scenario they think you're a bunch of punk ass little bitch salesmen that you throw a bone to every once in a while when you need some leverage.

So look, I don't know what tho "top group" is, but if you're not in the restructuring group, there's a lot of overlap between restructuring and lev fun, so you could target that group. If you want to play in restructuring, you're going to have to actually read the bond indentures and other shit you're writing unlike most coverage guys. You're going to have to learn about the products in depth.

But dude - you don't know the first thing about what you want to do. You don't even know what the various markets look like. Do yourself a favor and focus on learning from the people that want to teach you.

You might think restructuring sounds cool. But you'll never get to where you want to be if you decide you're too good for your mentors.

Nobody cares about your half thought out "goals,"

phenomenal

 
NYCbandar

By "top group" wtf do you mean? Listen you self-important little cock gobbler, do you know what the big, wide world of finance thinks of your "top group" at Goldman IBD. They don't give a shit. Best case scenario they think you're a bunch of punk ass little bitch salesmen that you throw a bone to every once in a while when you need some leverage.

So look, I don't know what tho "top group" is, but if you're not in the restructuring group, there's a lot of overlap between restructuring and lev fun, so you could target that group. If you want to play in restructuring, you're going to have to actually read the bond indentures and other shit you're writing unlike most coverage guys. You're going to have to learn about the products in depth.

But dude - you don't know the first thing about what you want to do. You don't even know what the various markets look like. Do yourself a favor and focus on learning from the people that want to teach you.

You might think restructuring sounds cool. But you'll never get to where you want to be if you decide you're too good for your mentors.

Nobody cares about your half thought out "goals,"

+1 SB

 
NYCbandar

By "top group" wtf do you mean? Listen you self-important little cock gobbler, do you know what the big, wide world of finance thinks of your "top group" at Goldman IBD. They don't give a shit. Best case scenario they think you're a bunch of punk ass little bitch salesmen that you throw a bone to every once in a while when you need some leverage.

LOL

 
bankingboy12

You are funny. Strangely angry for no reason and make a lot of assumptions, but funny. Let me comment on a couple of things:

1) If you don't know what the top couple groups at GS are, you are not knowledgable enough to answer my question (as is shown by the fact that you thought GS has a restructuring group...). Thanks for playing.

2) I don't know the first thing about what I want to do? Wtf? Where did you get that? Ridiculous.

3) I don't know what the markets look like? Look at 2.

4) I think I am too good for my mentors? Wtf again? I am in fact quite confident from my internship last summer that they are very capable. Once again, you make some sort of ridiculous assumptions.

1) GS europe atleast has a restructuring team, no idea about the US 2) you havent even started FT yet, so no you dont really know what you want.
 
peinvestor2012 NYCbandar:

By "top group" wtf do you mean? Listen you self-important little cock gobbler, do you know what the big, wide world of finance thinks of your "top group" at Goldman IBD. They don't give a shit. Best case scenario they think you're a bunch of punk ass little bitch salesmen that you throw a bone to every once in a while when you need some leverage.

So look, I don't know what tho "top group" is, but if you're not in the restructuring group, there's a lot of overlap between restructuring and lev fun, so you could target that group. If you want to play in restructuring, you're going to have to actually read the bond indentures and other shit you're writing unlike most coverage guys. You're going to have to learn about the products in depth.

But dude - you don't know the first thing about what you want to do. You don't even know what the various markets look like. Do yourself a favor and focus on learning from the people that want to teach you.

You might think restructuring sounds cool. But you'll never get to where you want to be if you decide you're too good for your mentors.

Nobody cares about your half thought out "goals,"

+1 SB

NYCbandar, you can come out of the closet now. We know that you are the straw man/sockpuppeteer.

 

There are some very angry people in this thread; I can't figure out why. This kid is exploring his options, let him. He doesn't purport to be God's gift, just expressing an inclination which he may or may not have explored properly. May he be fickle? Maybe? But frankly I don't see him being a cock about it and the tone of answers is unnecessarily rude, not funny.

I know to some of you think leaving the teat of Goldman is unthinkable, but chill.

Thinking about it, it has an smell of bullying internet big dick about it. Grow up children.

"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 

Eos ipsum voluptatem dolore aperiam assumenda quis. At vero possimus amet dolores. Vel repudiandae quia doloribus. Dolores officiis exercitationem consequatur. Qui commodi sapiente iure earum et neque. Cum sunt architecto qui sunt dicta a magnam.

Praesentium eaque ducimus sapiente a. Non natus aut quia iure. Ex doloremque sit voluptate similique repellat aut deserunt. Et sed quo sed consequatur in.

Nostrum aut iure dolores mollitia magni sequi. Molestias aliquid occaecati sit veritatis.

I am permanently behind on PMs, it's not personal.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
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...”