Recently, I got an offer from Goldman Sachs (I was given an offer from Operations and also from Technology).So, I could be a Operations analyst or Technology Analyst, choice is mine.
Any suggestions which one is better?
I don't want a Job which is mundane, Work like 60 hours a week...Any Suggestions are welcome
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Ops without a doubt especially if you can get into a risk type role. Tech will be more boring than Ops, even though both aren't anything crazy.
What were your salary offers?
I like Programming and Software Development work.
I read a lot of bad things about Ops on this website .
They offer 55K with 8k Signing Bonus , its in Salt Lake City
If you like programming than go with Tech since both are same salary and location. Go with what you would rather do. And the bad things you are reading more than likely apply to tech even more on this site. But this site is mostly behind chasing the front office dream which is why I said Ops initially.
I agree with above ^. Is this NYC office? Also, I'm assuming its FT?
Did they specify which area of Ops you would be working in? Some are much better than others
No, they told me that, it will depend on the project that is available at that time.
GS Ops is in NJ.
They also have a division in Salt Lake City, that is where I was interviewed.
If you like programming and software development then definitely take Tech.
Damn SLC is a bummer. I wanted to apply to GS GIR, but they're relocating to SLC and it was a no go for me. Anyways, I would take the Ops offer, but that's just me.
Interesting. Jersey City salary is 65k and SLC is 55k. Isn't that a huge difference?
Sorry Guys, I just got clarified by HR..
It was Operations Technology Vs Technology Infrastructure.
Honestly, what I don't understand is why people would want to even consider being in a Tech (non-front office) role in the financial sector.
OP, you do realize that there are sectors where your programming/development skills are considered the "front office" equivalent, you'll be paid significant more than what GS is paying you, and you'll work better hours than what the financial sector will demand of you, right?
I take it that you are of Indian descent based on your last name and I guess I can understand it if you want to stick to the NYC area.
Does anybody know how much of the relocation/signing bonus we will actually be earning less the tax? Will this depend on what state you are in? Or is it fixed for all relocation/signing bonuses?
Depends on where you're from. In NYC you'll see a little more than half of the original number they tell you
I am curious, guys -- what are your reasons for choosing Operations over an IT role (such as developer)?
I would definitely choose tech over ops in most of cases. I guess this forum has general tendency to look down tech because most ppl here are on the banking path and tech is really nothing other than useless computer support.
But in trading and some buyside area, tech is much more important. As more fixed income products are moving to electronic trading, this trend would only get strengthened.
If you are really good at programming, the exit op is pretty solid (i know a lot of ppl here would laugh their ass off when hear "exit op" for tech people). You can either stay in bank and lead the development of some electronic trading platform or become quant/quant developer or work in some hardcore high freq trading shop. The paycheck won't be 7 figure easily but would make most people here jealous.
Just look out and count the number of openings for developers, you would know the demand and trend.
Btw, I'm talking about NYC. I don't know whether all these make sense for SLC.
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