Hey,
Does anyone know if Goldman is receptive to laterals from analysts at middle market banks. Would I have to restart my analyst stint if so? If not, do they only try to get the exceptional candidates from UG and MBAs?
| +434 | Is UBS really that bad? | 79 | 19h |
| +266 | Investment Banking is Divine | 41 | 4m |
| +248 | Which Offer to Accept: UBS Analyst Role or Part Time Cashier at the Local Taco Bell | 32 | 18h |
| +220 | Another $115bn Mega deal for these banks. Congrats! | 46 | 1d |
| +109 | Useless associates | 26 | 28m |
| +65 | Roku-Fox Deal - UBS Misses Out on yet another deals after years chasing this deal | 17 | 20h |
| +59 | FIG Pigeonholes you - is it true? | 23 | 12h |
| +58 | Differences in Restructuring Teams? | 24 | 1d |
| +53 | GF is an IB Analyst at a top BB, hates it, what exit options does she have? | 20 | 1d |
| +41 | Is Houston SA 28 recruiting already over? | 35 | 1m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Can tell you first hand that they are receptive to building out their MM group with laterals. Not sure what that now looks like in COVID times.
What about not lateraling to MM, but going to a major industry group in NY?
Less likely but doable. You need to really network to make it happen
Curious how the Goldman MM (cross markets) group is doing these days?
Outside of the types of deals you work on, what's the difference between working in cross markets vs. the equivalent coverage group at GS (comp, hours, prestige, promotion opportunities, etc.).
It was pitched to me that the cross markets team has all resources available to them that the larger platform does and that the only difference was size being MM focused. Performance wise, I can say it's a tough cookie to crack into the relationships that MM banks have with their clients and client sponsors so it might be awhile before they get solid traction (read: pitch heavy). Top MM banks use relationships as their bread and butter to win deals an produce repeat business and these aren't relationships that are formed overnight. Historically the larger platforms have given very poor coverage to the MM guys so we'll see how fast they can break in with the money they're throwing into this group
Have a friend who is doing SA at GS's MM group, it's apparently a major focus
What about not lateraling to MM, but going to a major industry group in NY?
Ab nobis a aliquid soluta optio pariatur aliquam. Cum cupiditate aut sit sunt dolorum enim magni et. Pariatur rem eligendi consectetur libero ullam. Voluptatem dolorem odit id vel.
Dignissimos et aut soluta laborum hic ducimus eaque. Explicabo temporibus et totam quisquam non. Voluptas qui occaecati voluptas totam minima ab et. Ducimus qui quo magnam praesentium autem enim. Est vero ut voluptatem expedita. Laborum officia et fugiat facere aut. Perferendis qui expedita a corrupti et.
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...