GS Public Sector & Infra or BofA / Gugg M&A
If someone had an option between top BB public sector and middle BB M&A what
Trending Content - Investment Banking Forum
| +440 | Female bankers doing brand deals on TikTok | 116 | 15h |
| +143 | UBS rolling out Enhanced Clean Desk Policy, bans deal toys | 16 | 4d |
| +105 | Starting FT in a city 3 hours away, dad has progressing Parkinson's. Looking for advice. | 8 | 1d |
| +73 | JULY 2026 CHICAGO BANK RANKINGS | 29 | 13h |
| +67 | Restructuring is paradise (a completely unbiased account) | 6 | 4d |
| +37 | Not Treated Well by Other Interns | 20 | 2d |
| +36 | Handling frustration | 5 | 4d |
| +34 | Taking days off as an intern | 17 | 15h |
| +28 | Thoughts on Intrepid - Houlihan Merger | 10 | 3d |
| +27 | IB TikTok Influencers (wehave2wizards) | 9 | 3d |
Career Resources
You would be stupid to take GS PSI over BofA M&A
.
.
What part of public finance interests you? It's a shrinking/low fee industry and the modeling is less transferable to all the traditional exits. If it's infra/infra PE you're more interested in, I think you'll have a better shot coming from an M&A background.
But if you want to be a treasurer/CFO of a city/university/transit system, it wouldn't be a bad path. Base street pay and hours are better.
Interesting
Okay
would say that bofa m&a will probably set you up better for credit roles than PSI if you want to do anything sub-IG. muni bonds are not exactly the same as PC and M&A is a great starting point for learning early on in your career. PSI is not really seen as a classics group at goldman, it sits with capital solutions.
That being said GS PSI does do more complex deals than other banks with larger balance sheets like JPM/Citi and infra is shaping out to be pretty interesting this next couple of years. If you're passionate about the role take GS, but if you are undecided in what you want in the future, M&A gives you the most flexibility in what you can transition to.
del
PSI at GS is looked down on as a second-tier group / does not get same respect. There might be one partner, max. I think they pay less than Classic too, despite working just as hard. Would highly recommend not doing this. It's even nicher than doing a specialized sector group like FIG or O&G.
Source: worked at GS for 4 years (not in PSI).
This is correct and they have 0 partners (even the group head)
does Psi feeds into Infra pe
See my comment in the Q&A Public Finance at a BB thread. Do yourself a favor and take BAML M&A. GS pub fin outcomes are good for pub fin but BAML M&A is much better. Don’t fool yourself into thinking your college love for public policy will make you find issuing municipal bonds interesting. The kids with this mentality spend a year there then aggressively try to leave and realize their exits are compromised relative to M&A.
Couldn’t also switch internally if I didn’t like it to CSG groups?
Wow, you really fucked it.
How
Do they work less hours?
bump
did u end up getting ur offer already
hypo
bump
did you end up getting ur offer already as well
hypo
Laborum quae in delectus sit. Vel quaerat eveniet illum cum. Iure quas debitis beatae. Iste iste quia ut et. Omnis accusantium autem vitae totam et assumenda. Voluptatum ut omnis qui necessitatibus pariatur. Dolores quaerat non eum odit explicabo est.
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...
Sit dolores voluptatem ut voluptate necessitatibus et repellendus. Illum eaque voluptatum delectus dolor dolore quas fuga. Vel blanditiis dicta eum velit. Ipsa excepturi eaque eos est et voluptate sapiente.
Suscipit quis quas error aliquid alias ducimus ut non. At blanditiis sed est dolores ut magni maiores placeat. Nihil in libero enim quidem eum odio.
Quas eveniet et quasi ut sint minima voluptatibus. Dolorem saepe nobis recusandae aut odio ut. Consequuntur quia consequatur sit illum et ipsam est.