I'd say both GS locations and McKinsey are at the top and are dependent on location and what you want to do afterwards. All else equal MS is worse than GS and JPM is worse than MS, so no reason to choose them over GS.
I do have some offers and am in the process for others. Thank you wso_user for a useful response. If anyone else has some insight, it'd be appreciated.
Looks like the focus is on doing banking, in that case toss out McKinsey. What is your location preference? Again, since the majority of offers are for NYC, I assume that was your focus. Now, GS, JPM, or MS for NYC? If you've seen the news, you know MS is slashing jobs and trading, which may impact the IBD on a pure reputational level, so toss out MS. Now GS/JPM (NYC) I would say are both Tier 1 BBs and dominating the league tables. Edge would go to GS on slight boost in brand name v. JPM. So, final answer: GS NYC. Don't overthink it, I could've come up with that from just the thread title and no analysis at all.
Looks like the focus is on doing banking, in that case toss out McKinsey. What is your location preference? Again, since the majority of offers are for NYC, I assume that was your focus. Now, GS, JPM, or MS for NYC? If you've seen the news, you know MS is slashing jobs and trading, which may impact the IBD on a pure reputational level, so toss out MS. Now GS/JPM (NYC) I would say are both Tier 1 BBs and dominating the league tables. Edge would go to GS on slight boost in brand name v. JPM. So, final answer: GS NYC. Don't overthink it, I could've come up with that from just the thread title and no analysis at all.
Even though your explanation has somewhat random logic, I actually think it's pretty sound. Would also go with GS NYC. (all else equal I think most candidates would choose a generalist GSIBD offer over a generalist MSIBD offer, not knowing what group they'll be placed into)
The title of blog is insane. You are clearly really f-ing smart (probably at a top top school with sweet GPA) and have no idea what you want to do. If you didn't have McK in the list, this might make more sense.
For GS, it depends on the group. They have the top groups and then some random banking groups you never knew existed, all under the IBD umbrella. MS is always a good choice - can't go wrong in placement. As for JPM ... depends on the sector (e.g. great oil & gas). Top bucket in any of those places opens doors at any megafund.
But before I dismiss consultants, which is one of my favorite things to do, a good friend of mine turned down a good GSIBD offer for McK because of the hrs. So keep that in mind when deciding
If you had offers at these, which would you take (or rank them in order)?
I'd talk to HR and contacts at each place to see if it's possible to guarantee a certain group. Use the other offers as leverage.
GSIBD would be my pick if I were guaranteed to be placed in one of their normal industry groups but GS also has some groups I would not want to be in like Real Estate or the Public Finance group (dunno the exact name) and a few other really random ones. A friend got a GSIBD offer and they placed him in some weird derivatives group that probably has very few traditional exit opps. GSTMT, FIG, HC and some others would be great though.
I have seen some people from California offices of GS in TMT moving over to megafunds and it's good that you are guaranteed a group. Will end up coming down to where you wanna work though.
MS NY is also great. If you can get them to guarantee M&A there, then you should pick that.
McKinsey is a great option but not as good as the others if you wanna go into PE or a hedge fund, but then again we don't know your goals.
If you can leverage the other offers to get M&A or Sponsors or C&R at JPM, I'd go there over rolling the dice for groups at the other places.
If you can't get any of them to guarantee you a group, I'd go GS NY or GS SF.
Stupid thread- no way OP has any more than 2 of these (I'm betting closer than 0)- half of these places haven't(or barely have) begun summer recruiting yet.
Eum itaque sint et voluptatum pariatur sed harum. Qui est qui est quisquam repudiandae.
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I'd say both GS locations and McKinsey are at the top and are dependent on location and what you want to do afterwards. All else equal MS is worse than GS and JPM is worse than MS, so no reason to choose them over GS.
If you don't have offers from all then it is irrelevant
do u have ANY of these offers? let alone 1st round interviews?
vs. women vs. sex vs. money vs. fame vs. power vs. life vs. death
Hahahaa
I do have some offers and am in the process for others. Thank you wso_user for a useful response. If anyone else has some insight, it'd be appreciated.
Looks like the focus is on doing banking, in that case toss out McKinsey. What is your location preference? Again, since the majority of offers are for NYC, I assume that was your focus. Now, GS, JPM, or MS for NYC? If you've seen the news, you know MS is slashing jobs and trading, which may impact the IBD on a pure reputational level, so toss out MS. Now GS/JPM (NYC) I would say are both Tier 1 BBs and dominating the league tables. Edge would go to GS on slight boost in brand name v. JPM. So, final answer: GS NYC. Don't overthink it, I could've come up with that from just the thread title and no analysis at all.
Even though your explanation has somewhat random logic, I actually think it's pretty sound. Would also go with GS NYC. (all else equal I think most candidates would choose a generalist GS IBD offer over a generalist MS IBD offer, not knowing what group they'll be placed into)
I would go to Apollo Global Management.
Oh wait! That wasn't an option. :)
But for real, I would probably nut-up and push for GS TMT NYC. Regardless of this whole "deal flow is slowing down" argument.
The title of blog is insane. You are clearly really f-ing smart (probably at a top top school with sweet GPA) and have no idea what you want to do. If you didn't have McK in the list, this might make more sense. For GS, it depends on the group. They have the top groups and then some random banking groups you never knew existed, all under the IBD umbrella. MS is always a good choice - can't go wrong in placement. As for JPM ... depends on the sector (e.g. great oil & gas). Top bucket in any of those places opens doors at any megafund. But before I dismiss consultants, which is one of my favorite things to do, a good friend of mine turned down a good GS IBD offer for McK because of the hrs. So keep that in mind when deciding
bankerzhausDotcom
GS IBD would be my pick if I were guaranteed to be placed in one of their normal industry groups but GS also has some groups I would not want to be in like Real Estate or the Public Finance group (dunno the exact name) and a few other really random ones. A friend got a GS IBD offer and they placed him in some weird derivatives group that probably has very few traditional exit opps. GS TMT, FIG, HC and some others would be great though.
I have seen some people from California offices of GS in TMT moving over to megafunds and it's good that you are guaranteed a group. Will end up coming down to where you wanna work though.
MS NY is also great. If you can get them to guarantee M&A there, then you should pick that.
McKinsey is a great option but not as good as the others if you wanna go into PE or a hedge fund, but then again we don't know your goals.
If you can leverage the other offers to get M&A or Sponsors or C&R at JPM, I'd go there over rolling the dice for groups at the other places.
If you can't get any of them to guarantee you a group, I'd go GS NY or GS SF.
Stupid thread- no way OP has any more than 2 of these (I'm betting closer than 0)- half of these places haven't(or barely have) begun summer recruiting yet.
What are these shitty firms? BX or bust bro
McKinsey all day. Go consulting if you want to be a leader of men. Go banking if you want to be a mindless drone.
Eum itaque sint et voluptatum pariatur sed harum. Qui est qui est quisquam repudiandae.
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