GS NY Natural Resources
How is Goldman's Natural Resources group seen in New York compared to other groups both at the firm and at other BBs/EBs on the street? What are the exit ops like for someone in NY and is there a risk of being pigeonholed into the Natural Resources space? Thanks.
GS NR in Houston has one of the worst cultures out of all banks in the city. Not sure about NY though, just wanted to put that one out there.
GS NR analyst here - as far as exit ops go compared to other groups at GS, it is very similar to energy groups at other banks whereas most people go to top Infra funds or MM P/E, a bit harder to go to top tech or consumer focused funds as your competition within GS is much better equipped. I haven't seen a lot of analysts land in Mega-Fund roles unless it is within their Infra/Energy sectors, so the pigeon-hole effect is real and the primary way to avoid it is be willing to go to a smaller fund (MM) in a generalist role where they are more likely to overlook the NR title. As far as the lifestyle goes, I will confirm Houston (oil/gas) is at the top of the sweatshop list, but NY (chemicals, power, mining) is right in line with other Classic groups at GS, maybe a bit better hours.