Hi everyone, new to WSO but would love to hear thoughts on GS IB. I am an incoming SA in a coverage group and would love to know more about IB life. Are protected Saturdays enforced? Is there a good culture? Have heard the people are fantastic but would love to hear outside thoughts.
| +234 | Downfall of Qatalyst | 45 | 15h |
| +176 | UBS IB 26Q2 a Disaster! Advisory Revenue Down 23%, Capital MarketsDown 5% | 25 | 3h |
| +116 | UBS Americas IB: The Kids’ Table of Wall Street | 15 | 1d |
| +82 | Lincoln International Return Offers | 42 | 2d |
| +59 | London IB BB is a challenge | 37 | 1h |
| +40 | SharePoint makes IB hours HELL | 15 | 6h |
| +39 | momentum of Rx groups | 12 | 15h |
| +37 | Fired during interview | 6 | 1d |
| +35 | VP Lifestyle at Top BB Coverage Groups | 20 | 4h |
| +35 | An Outsider’s View of RX Banking Out of College | 2 | 6h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
I moved down market lmao
Generally speaking has a “good” culture outside of specific groups (Industrials senior bankers seem particularly depressing)
But you will sweat across most groups - the difference in experience largely boils down to the respect (or lack thereof) you get from senior folks (e.g. treating you as an expendable Dobby-like servant to be juiced to the very last drop of labor vs. showing at least a semblance of appreciation (and ideally some mentorship) for the work, given you’re sacrificing your health/relationships/etc for the job)
As an intern you probably won’t work Saturdays but once you start full time, you’ll work all weekend if needed - it’s called an “exception” but happens fairly regularly, especially on live deals
That makes sense, thanks! Appreciate the insight.
Just curious, are you diverse?
Yes, I own a bit of Nvidia, Walmart, XOM and some cannabis stocks
Everything is highly group and staffing dependent. Intern experiences can vary significantly, even within groups.
Think folks are generally excited and happy to have the interns in the office. Interns can definitely be a source of help given the second year analysts leave in June and the floor lacks capacity.
Decent people will make an effort not to overwhelm interns, but a winning philosophy is if your teams are online and are working (Saturdays included), you should be too, even if that means you're sitting there twiddling your thumbs at 3am. You log off when your teams tell you to go home.
Ft folk, heard y’all were back in 5 days a week. Can y’all at least leave at around 5-6pm and log back in from home?
Consequatur pariatur vero quia aliquid. Reiciendis explicabo tempora ratione. Et et quia veniam impedit eos. Dignissimos unde magni rerum vitae sunt.
Qui alias voluptatum est qui dolor. Dignissimos saepe at odit asperiores. Possimus inventore dicta a quaerat.
Nulla incidunt exercitationem totam facere occaecati. Illum dicta in dolorum officia. Omnis et voluptatem totam fuga qui et eos. Ratione vero commodi id et natus sit.
Itaque aut quod ut. Rerum libero modi quidem. Et aut sit ut velit ratione temporibus. Omnis autem impedit accusantium.
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...