How Bad Should We Want Goldman?

It depends, do you care for working for the market leader? If not every top 10 bank is good..

Too funny, guys.

I think it's more important to excel in what you do. Other things equal, GS might really be a 1st choice, but it's rarely so that other things are equal

I think student22 is being serious...

... and my girlfriend left me, my dog died and I discovered a scary-looking bump on my neck - after I got a job from (insert non GS BB here), the bump was found to be benign. the gf and the dog didn't come back though.

I want goldman pretty darn bad.

I doubt it. If so, why would he pepper his speech with exclamation marks and substitute "tell" for "say"? As it stands, it is a perfect (if not terribly PC) parody of a not-terribly-with-it immigrant who glorifies aspects of the culture without understanding them.

Mis Ind, take a look at student22's other posts. The only reason he is on this board is to be the ultimate GS troll.

Awesome! I look forward to it eagerly.

Aww, he edited out the post where he had all the exclamation points and the bad English.

As elegant and spare as your conversation is, my friend, I'm afraid I don't get much data out of "...". Was that a typo, or perhaps some kind of trolling tactic I've never seen before?

...

Does that help clarify for you?

Student22: ;-) in which bank are you?

Mis Ind: In bank I am which you do not know need to. Please to understand I Goldman offer turned down LAME because it was.

Student22: You are pathetic

By the way, congrats you already got your punishment, it seems that you are in the team in which you fit best!

However, as you can see, my good friend has clearly been taught to avoid ending sentences with "in", "on", or "of". His obsolete (for America) context was a result of that avoidance. Bravo, my friend. Flawless grammar this time.

My good friend! I say thank you! for your congratulations. And to you I give my warmest wishes here from my beloved Uzyrkistan!

I want you to be Goldman's troll when you're slaving away at 3AM on Friday/Saturday night and your buddies are out partying. Every BB is a good name and you'll have a great experience. No need to kiss GS's ass and put down everyone else.

If anyone tells you to suck his cock for a GS job, you should ask "how deep?"

Think about how badly you do not want to contract genital herpes... That's about how badly you want GS.

I have great experience summer internship with Goldman. I very much enjoy being mishandled and treated like dirty cattle by disorganized bimbo HR women with bad attitude and degree not worth wiping ass with. Work schedule and lifestyle though was the same as any other investment bank, except maybe slightly more asshole and slightly less... how do you say... collegiallate atmosphere? Still, experience with HR women stood out most for me. They truly defined my summer experience! They are truly unlike any other!

Only until he found out I wasn't at Goldman. ;)

I looked at Student22's other posts. I wouldn't be suprised if he stood outside of Goldman's office asking for autographs. You are a bit too infatuated with that firm young fella. Go play some X-Box and take it down 1000! SHEESH! You should be here learning, not campaigning for a firm that probably doesn't know you exist...

Hahahaha

It's funny. People I know at Goldman take a much more humble approach. Mainly because they know being #1 doesn't last forever, and all it takes is 1 bad trade or deal for everything to change in a sense.

I think the Goldman craze is hilarious. It's only among college students though. People in the industry know the real deal, and that Goldman is not for everyone.

This thread is too funny. All we need now is an MS troll to come on board and battle it out with student22.

does student22 even work for them?

If you get the chance to go to GS, do so. Otherwise, do toilet cleaning.

so bad it hurts?

lol at asking for autographs.. one of the best posts imo

i actually do not believe for a second that ms. ind turned down a goldman offer. 0 percent chance.

its funny how much people lie on this site - there's really no way to check the things people say, so i guess it's not suprising.

to the original poster: goldman is in a league of its own. that said, other banks out there are good as well - just try to get goldman, and if it doesnt work out, shoot for MS. after that, keep going down the league tables. heavy dealflow is the best way to learn.

Although I have no comments on Mis Ind's status and situation, I agree with what she says. Plenty of people turn down Goldman. To say that GS is in a league of its own is simply stupid, because they are good at some things and not so much / at all in others. There are lots of specific groups at other firms that I would prefer over the gs counterpart. Do your research, find something you're interested in doing, and aim for the firm that does that best. You want to do m&a, go ms, you want to do generalist, go UBS la, you want to do re, go DB, you want to do TMT, go gs. Without a guaranteed top group at goldman, you really aren't much better off than if you went to another firm.

I'm not stating the name of my bank or my group here. No banker does that, and for good reason.

While turning Goldman down for its deeply substandard performance on some league tables might have been valid for me, I actually turned Goldman down for a very different reason. As a summer analyst, I was mishandled by program coordinators. There was precious little mobility or flexibility, insufficient focus on the quality of our summer experience, and an unwillingness to help us seriously learn more (aside from "deep dive" lectures that stayed pretty shallow) about various options available to us. Moreover, the people in charge of the program were extremely strict about every aspect and detail of what was required of us, and yet they consistently screwed up their end of things due to disorganization or simple lack of focus. They also consistently, openly reminded us of their power over us and the fact that we wouldn't get an offer if for any reason they didn't like us. Moreover, and perhaps most importantly, the attitude was just awful. Not so much among the senior bankers I met, but among the rank-and-file analysts and (ironically) worst of all among the HR people and the recruiters. Why is it that the people who don't drive the revenues feel the right to be so haughty? It was as if they were saying, "Yeah, I may have a Jersey accent and a degree from a bad state school, and I may not know revenues from assets, but I work at Goldman, dammit, Goldman Sachs, and you're gonna kiss my ring for it."

At any rate, I did the requisite tomfoolery to get the offer, but the moment a comparable bank made an offer as well, I jumped at it and didn't look back. My choice of bank, also, was not a mistake. My choice of group... well... heh.

"Ms. Ind, what drawbacks could there be to telling us what bank your at? If it's a top bank, it's got thousands of employees. It's not like anyone will be able to figure out who you are. To be completely honest, I don't actually believe you work at an I-bank. You post so much on this site. I agree there is downtime at work, but not as much as you clearly have. Anyways, most legit banks block access to websites such as this one."

My friend, I gotta call you out. You have no idea what you're talking about.

First, any investment bank -- and the Wall Street IB scene in general -- functions a lot like a smallish town in terms of how fast word gets around. I'm an analyst, I'm engaged, I ride a Vespa, I'm loud and unusual. This makes me unique already. Many people already know who I am and where I am. No need to make it easier.

Second, access to this site has clearly not been blocked, as I am posting from work.

Third, check out my credentials in the "Monkeying Around" folder before you continue to suggest I'm not a banker. I've supplied ample photographic evidence for my bankerhood there. The only person on this site to do so as of yet, I believe.

All due respect, "Mr. Banker", as much as I'm sure you're enjoying your work there at Goldman Sachs where you assuredly hold a very high position, you haven't been on this board long enough to know what's what and who's who. Stick around. Learn a little. You're clearly not an unintelligent person, so stop respewing what you've read online.

You forgot to mention that you're a huge dork.

Sorry but by the way you describe it, it almost sounds like you are bitter towards the company and it really is hard to believe the internship was that horrendous as you describe it so I have trouble believing you were an intern.

Goldman is teh ghey. Blackstone or nothing.

Man, would people stop questioning every thing this girl says, she's just trying to help out and I'm pretty sure she's legit.

JUST TELL US WHERE YOU WORK!

I agree with Seanc. Stop questioning Mis Ind. She's one of a handful of bankers who have not left the board yet. She's been more helpful than most people who claim to work in the industry.

Goldman will give you an incredible step up for recruiting. E.g. headhunters have been compiling lists of 1st year analysts for PE/hedge fund exit opportunities - they will go through and meet with pretty much everybody from goldman (+ few other select top groups/boutiques such as MS M&A, Greenhill, Gleacher, Lazard, CS sponsors, UBS/CS LA) before moving on to the 2nd tier banks/groups. Having said this it is very possible to get to the same place without the Goldman name - it's just more difficult.

you should also realize that without certain names on your resume, certain places may not even meet with you (or the odds are slim enough to be close to zero). E.g. LGP and CS/UBS LA, or H&F and GS/MS

Mr. Banker, if your argument is that people do not know what industry in ibd they want to concentrate in right after college, then logically the place to go would not be goldman but UBS/cs la.

I totally agree with mr. banker!

I'm sure you do, student22. No surprises there.

Anyone who decides to go with the screenname "mr.banker" has already lost all credibility in my view...

People really need to chill with the personal attacks on this site. I've only known about it for about a month now, and it's really disheartening to see people who actually know what they're talking about getting insulted. This forum is only as good as the people giving out advice, so lay off people. People go through the time and effort to post here, they could easily be doing other things with their time. It's an internet forum. Take a chill pill.

I come here once in a while and can't believe how ridiculous some people on this forum are. I thought everyone at a target knows that plenty of people turn down Goldman. They don't have anywhere near perfect yield. There are so many reasons to turn them down--fit, location, personalities, etc.

Meebs, thanks, I agree.

Guys, let's keep the responses on topic if possible. If you don't believe someone or doubt their credibility, just ignore thier advice or state a counter argument.

i think we're all old enough to realize everything in these forums should be taken with a grain of salt...at least until someone proves to be a worthy source of information.

there have been many finance professionals giving out great advice on these forums for almost a year now. i've had to increase the # of moderators recently because I couldn't handle all the crap that starting coming into the forums. I plan on giving my more mature users modertor privileges to keep the forums useful.

I don't want to stifle a lively debate, but personal attacks and off topic tirades are not going to be tolerated. (and if you cross the line twice, your username will be blocked...just ask Dan Bush or RogueBanker)

Thanks.

Since when is UBS a 2nd tier bank?

i figured it out. i've been trying to figure out how ms. ind is able to post so much on this website while still working at an I-bank. finally, it hit me - she's in HR. it's settled. i will tolerate no more discussion on this topic. do not speak of it. ms. ind is in HR.

what a sad attempt at humor

mr.banker, how about posting with your original account? or are you too afraid to tarnish your reputation there?

I'm a newbie here and already my first impression is that people are quite abrasive...fun stuff. Anyway I know someone whose son wants to go to Goldman and tried applying numerous times, year after year. They rejected his application and he still wants to get employed there. I've worked for one of the tier 1 i-bks, not saying you can't get in via the normal route but you get a chance to interview if you know somebody - mind you they still grill you in the interview process. The poor kid just doesn't get it. Wonder how many of you got in via a friend?

Having contacts makes it easier to get the interview and get the job, banking is networking.

Off course that guy applies year after year. He is determined to succeed and get in GS. Even if he gets into MS/ML etc he probably will still try to change to GS at a certain time.

Do you know why GS is the global recognized market leader, because all people at GS are extremely proud and extremely motivated and GS really recruits the best of the best, which you cannot find at any other firm on this planet.

BTW, that moron waiting for a MS lover, you won't find it. If you are in competition do you want to be the champion or the 1st runner-up? I think everybody wants to be the champion and therefore chooses GS. Every single ambitious person who worked his/ her ass off at nontarget/target uni wants GS, this holds for US/EU/Asia! Therefore GS gets the best of the best and you can really have the best experiences at GS from the best people.

Thanks, guys. You've saved me the effort of refuting these kids (circularity, Goldman's flawlessness or lack thereof, etc.). I actually have stuff to do this morning (quelle horreur!) as well.

I still think this Student22 guy has got to be pulling a colossal joke on us. I mean, how could he be serious? There's no point to any of his statements -- they're just absurd arguments that seem to exist solely to be laughed at by everyone on this board. It's as if he's distilled all of the worst attitudes and beliefs on this board, subtracted fifty IQ points, and added some sort of stereotypical immigrant accent. This is clearly satire. Particularly since he hasn't clued in to how he's being received here.

As to his constant PMing of me... well, maybe he thinks that I, being a satirist myself, will enjoy private performances of his real gems. I don't really enjoy it, but I'm hoping he'll understand that shortly.

Do a search of his posts, I think he's 100% serious. Every post I have seen has said "Goldman... Market Leader... Culture of Success". I really think he doesn't know anything about Banking but he saw Goldman on top of some ranking so he tries to act as if he's informed on the industry. There is no evidnece of any other conclusion. He's never even made a comment about why he thinks other banks aren't as good, it's always "Goldman is the best, nobody else compares" because he doesn't know enough to make a legit case about why it's better than any other bank. At least Mr Banker made some informed opinions. When somebody said "Goldman doesn't even have an M&A group" he countered with "What undergrad is sure what they actually want to do", and "There's no guarantee you'll get into M&A at MS" and he mentioned a good alternative to GS not having an M&A group. He sounds like he knows what he's talking about. All Student22 says is "they're the best!!" but never can say why. If it looks like a duck, and quacks like a duck, then...

That's really depressing, dude. You're damaging my faith in humanity here.

I think I'm going to keep believing that he's a brilliant satirist who just doesn't know when to quit. I can handle a lot of dumbassitude, but I can't handle believing that this guy is for real AND that he's a H. Sapiens.

What I find really funny is that this kid Student22, is really scared that he won't be given a FT offer by Goldman after his summer internship, it's quite hilarious actually.

Student22, If I were you I wouldn't run my mouth too much on this board, you never know who might be reading....