How many analysts does a major BB firm like Goldman Sachs recruit in North America in a given year? What percent of those hires work in NYC as opposed to San Fran, Salt Lake etc.
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~90-120, depending on the year and economic state. ~80% for NY.
Is that across all divisions? Or just IB
That's just IB.
Whats the next biggest location for analysts? San Fransisco?
How large is the Sales and Trading (Fixed income, institutional equity) analyst class in relation to the IB group. Would the numbers be the same? About 90-120 per class across the country? Or is the IB analyst class typically much larger?
IB classes are usually larger, depending on the firm's targeted offer rate (S&T is typically much lower than IB). S&T classes at BBs are on the order of ~60-80. Also, S&T isn't spread throughout the country, with the exception of commodities trading in Houston.
I read that there are around 400 partners for Goldman at any point. Say if people are analyst for 3 years, that’s about 360 total analysts in IB. Then there’s 4 years of associate, which say is around 50 each year, so 200. (Assuming everyone makes it). Total 560 grunt level people in IB. How could there be a near equal amount of grunts to partners?
not all partners are in IBD?
Hard to believe 120 kids used to pin Lloyd in a kiddie pool
I've never been so happy to see someone reference an old comment of mine.
90-120 sounds right.
How many research analysts does Goldman employ? (Originally Posted: 01/24/2009)
Does anyone know how many research analysts Goldman Sachs employs? Merrill Lynch has 800 analysts, so I wanted to compare that to GS. Any ideas? It's not on their website...
Impossible that Merrill has 800 research analysts. Citi's research division had ~85 US analysts in 2007ish, down to the 50s now. Even if you count analysts + all their support (associates, admins, etc.), you're looking at ~200 people.
Merrill might have (had) 800 world-wide. In the U.S. it would be more like 150-200, although that number could be lower right now.
they used to, or need. They aren't even pretending to care anymore.
Have a look at their European Telecom coverage - one guy that has been there less than a year with lead coverage on everything (supported by one grunt and one spec sales). Pathetic...
how many research analysts does it take to screw in a light bulb?
The world has changed. And we must change with it.
you don't want to do research @ GS (if you enjoy any job security whatsoever)
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