Gugg Industrials vs CS FIG
First year analyst lateral.. mainly focused on exits
First year analyst lateral.. mainly focused on exits
| +250 | Why UBS Is the Worst Place to Start Your IB Career | 37 | 4h |
| +198 | UBS 2nd Year Analyst Q&A (2026) | 36 | 5h |
| +68 | Firm Thinks I'm Lying About Offer | 20 | 1d |
| +60 | Indiana University Fraternity Pipelines | 36 | 16h |
| +50 | Rogo AI | 20 | 1d |
| +50 | Elite Boutique interview questions | 15 | 3h |
| +45 | Suspended for a Year | 19 | 1d |
| +39 | Stay at Weak Dealflow Team or Lateral? | 12 | 2d |
| +26 | What's your craziest "hardo" story? | 4 | 55m |
| +23 | 1st Half 2026 (1H26) RX IB & RX Co. Rankings | 16 | 1d |
Career Resources
If exits are your primary focus, FIG doesn’t have great PE exits as there aren’t a whole lot of FIG focused PE groups relative to Consumer/Tech or even Industrials. Working with Insurance Cos, FinTech companies or Asset Management companies would render marginally more sellable experience for certain PE shops but if you would mostly be doing straight bank M&A / Capital Raise activity that’s just not really a big PE industry these days. Not to say you’d be 100% pigeon-holed though, most banks will let you switch groups during your first three years and if you do enough M&A work certain PE shops would probably be willing to take you even if your industry experience isn’t a 1:1 match.
Gugg is higher pay too
CS has stronger name recognition for overall exits
I would go for Gugg -- growing firm, higher pay and more generalist sector coverage, which won't limit your exits. The above poster is correct, CS is a more widely known brand, but FIG is a very rough group there (culture perspective and not great deal flow / reputation); I've known a number of analysts strike out in PE recruiting from CS FIG.
You'll get similar opportunities at both - both are reputable shops which will land you a ton of opportunities / looks, and neither are one of the few superstar groups across the street. think you should put a higher emphasis on your interests, both in terms of industry and the type of work you want to do in the group. culture matters a lot as well, which I'm sure you know as a first year.
Sint iste ducimus nam dolores. Sapiente aperiam perspiciatis aliquid dolorem quo. Quasi illum repellendus eum soluta. Aliquam odio asperiores rerum officiis reiciendis quibusdam enim.
Et et aut sunt. Nostrum beatae repudiandae alias sint. Ut quos et unde perspiciatis architecto reiciendis repellendus.
Alias odit ut tempora quo. Molestiae et dignissimos et autem. Quod velit est explicabo eaque. Sed et autem eius debitis assumenda et sit. Aut enim aliquid ut.
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...