GS Trading Strats vs. Google/Facebook SWE
Interned at both places and got offers from both. Very fortunate !! However, not sure which path I want to take -- I love the dynamic/fast nature of finance but definitely enjoyed both. Compensation wise Google/Facebook pays better. Not sure how compensation progression looks like as a trading strats at GS? Also, how hard it is to go from trading strats (more like quant/quant dev) --> FAANG SWE and vice versa?
Very confused as I have to make my decisions pretty soon. Any input will be greatly appreciated! Thank you =)
Google/Facebook pays better?
Yeah probably.
Not sure if S&T comp at GS is in line with the 90kish base + 30-50 (not sure what the ranges for top, med, bottom bucket IC is nowadays). Even if it was, that puts it at a 120 - 140k range,
FB / Google at a major city would prob offer 120-130ish + housing stipend. Probably not that much more, if at all, but definitely on par if not higher if S&T is a notch under IBD comp.
Growth trajectory definitely more favorable at GS though.
Also stock based comp though. I know people making 250+ for their first four years in SWE if that is included.
F/G and some other top tech companies will usually offer 160-180k total compensation in SF/NYC for fresh grads, often with a >10k signing bonus for returning interns (and sometimes up to 200k or so)
GS trading strats has potential exits to hedge fund platforms as a portfolio manager making 15% of your PnL. Not a guarantee of any kind....just potential.
goog/FB will have better quality of life...potentially more political as you rise up the corp ladder...but that's everywhere.
If your end goal is to be a portfolio manager at a hedge fund, then goto GS if its not, then goto Goog/FB.
The gs strat title includes guys who make dashboards for traders. Not saying anything bad about that, but it might not be what you signed up for.
That would be very sad, but I've worked for the team and i don't think that will be very likely to happen.
Take FB/Google
why? can you elaborate on that?
I would pick the one where you had the most fun during your internship
Would 100% take FB/Google
Can you elaborate on that?
@JPGoldmanStanleyMD420" could you explain a bit more your thinking?
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