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.

26 Comments
 
Most Helpful

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.

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 (68) $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

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...”