GS or AlgoTrading at BarCap?

Hi all.

I am an IT guy and got offers from two places:

  • Goldman (general IT role in FO)
  • BarCap (algorithmic trading)

At this stage, should one go for the name (GS) or the role?

Many thanks

8 Comments
 

Listen, hard some of the young trolls to believe on here but some people enjoy IT.

Orfeas, I think you need to ask yourself what your end goal in your career is and keep that in mind when making your decision. I assume you have IT experience, if you thoroughly enjoy what your doing now then leverage your skill set, kick a$$ at GS and become an MD in IT there. If your plan has been to use your skills and knowledge to transfer into a trading position or system building position, then go with the Barcap offer.

You can't go wrong with either institution - GS should recover from current public sentiment and (re)gain client's trust - and they both set the global standard in the banking industry. Either brand name on your resume will look fantastic if you spend time there.

Congrats on the offers and GL.

 

I'd pick the algotrading job at Barcap. You'll be in sales & trading, albeit in a role that is neither sales nor trading.

While you won't be trading on the algo desk, it's still a market facing role since you have to understand what's going on (e.g. trades can get crazy on a triple witch day) in order to monitor the execution or adjust the algo's for each client.

 
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