Goldman Sachs Merchant Banking Division Summer Analyst Program 21

Does anyone have experience working the Goldman Sachs Merchant Banking Division. I was wondering if anyone else has more information on how their summer analyst program is structured as well as culture and comp for the division.

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Have worked with the PE (PIA) arm of MBD as a banker. Culturally they are the most stiff / conservative people I have ever come across. I’m pretty sure the MD we spent time with sleeps in his suit. OBSESSED with confidentiality and maintaining compliance (higher bar for them than most PE funds given the bank arm and brand) — got corrected by them for not using the project name (on our deal, mind you) while in a conference room with only GS and my team.

The rigor of their analysis is very impressive and they would easily go the extra mile in thinking through scenarios / growth opportunities / threats that no other buyers would. I imagine this translates to a ton of work for their juniors, but they did seem to take on new responsibilities fast as VPs carried a lot more of the water relative to other firms

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