Comments (19)

Feb 12, 2011

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Feb 12, 2011

All of the banks you mentioned generally have fairly smart people to work with. The better offer is where you think your interviewers were nicer, smarter and more passionate about what they were doing. You'll rarely regret making a decision based on people rather than prestige.

Feb 12, 2011

^^ while I agree with Illini about his comment on choosing based on peoplel, I would say that as a SA, you should pick up the one most prestigious. I mean, suck it up, you're just gonna be there for 10 weeks. Work hard, and keep in touch with the boutique firm.

I am always of the view of starting at a prestigous place, and then you can choose which firm you want to work for full time later on. I'm gonna vote for GS.

Congrats on your offers!

Feb 12, 2011

What's regional? Like ... chicago? Or kansas city?

Id go with goldman. Its a name brand. If u don't get a return offer or if u want to work elsewhere I think the combination of the goldman name plus the "I didn't like the region and I think ill like this better" angle could be believable to future interviewers.

Feb 13, 2011
NYorker:

What's regional? Like ... chicago? Or kansas city?

Id go with goldman. Its a name brand. If u don't get a return offer or if u want to work elsewhere I think the combination of the goldman name plus the "I didn't like the region and I think ill like this better" angle could be believable to future interviewers.

does gs even have an office in ks city??

Feb 14, 2011
ihavetoomuchmoney:

does gs even have an office in ks city??

It was a joke...

Feb 12, 2011

Why do high schoolers here have such a goddamn hard-on for Goldman Sachs? It's a good place but NYorker here made it seem like you would rather have no-return offer from Goldman Sachs Kansas City than an offer at Greenhill or Evercore M&A/restructuring.

As said before, depends on the city or group. Goldman SF is probably better or on par with elite boutiques in NYC, otherwise I think NY is the better option. And PS -- interning at Piper Jaffray Minneapolis and getting an offer looks 10x better than working at GS TMT NY and not having a FT offer if you want to switch banks in the future

Feb 14, 2011
machinegunfunk:

Why do high schoolers here have such a goddamn hard-on for Goldman Sachs? It's a good place but NYorker here made it seem like you would rather have no-return offer from Goldman Sachs Kansas City than an offer at Greenhill or Evercore M&A/restructuring.

Haha easy dude... I don't think that's what I was saying at all. I was asking what was meant by "regional" for specifically that reason. I agree that the decision should be based on the city or group, but since the OP "doesn't have a preference" when it comes to geography, than the GS name rings out louder in my opinion and would open up more doors for future scenarios.

Feb 12, 2011

MMM, but it's also not NYC. NYC/LON/HK/Country HQ says just as much as GS. If you really want to look at the prestige/brand front, which I don't think should matter all that much, I would argue that GS Chicago ~= 6th-10th ranked BB NYC.

But you'll find smart people in both places.

^^ while I agree with Illini about his comment on choosing based on peoplel, I would say that as a SA, you should pick up the one most prestigious. I mean, suck it up, you're just gonna be there for 10 weeks. Work hard, and keep in touch with the boutique firm.

Point taken. An SA at the right firm will open a few more doors.

Feb 12, 2011

From a pure "brand" perspective, the boutique will probably look best, because the other offer is regional, not GS NYC.

Feb 12, 2011

GS IBD or Moelis/Greenhill?

Harvard or Cornell?

Lamborghini Gallardo or a Honda?

America or Canada?

I guess your university didn't teach you how to use "common sense".

Feb 12, 2011
chubbybunny:

GS IBD or Moelis/Greenhill?

Harvard or Cornell?

Lamborghini Gallardo or a Honda?

America or Canada?

I guess your university didn't teach you how to use "common sense".

I would forgive this post for being naive/stupid if it weren't for the unfounded condescending statement at the end.

Comparing the two would be more like comparing Harvard and Wharton, or a Mercedez-Benz or BMW. But since it's GS IBD in a regional office vs. Boutique NY, it would be like comparing a low end Mercedez with a higher end BMW

Feb 12, 2011
machinegunfunk:
chubbybunny:

GS IBD or Moelis/Greenhill?

Harvard or Cornell?

Lamborghini Gallardo or a Honda?

America or Canada?

I guess your university didn't teach you how to use "common sense".

I would forgive this post for being naive/stupid if it weren't for the unfounded condescending statement at the end.

Comparing the two would be more like comparing Harvard and Wharton, or a Mercedez-Benz or BMW. But since it's GS IBD in a regional office vs. Boutique NY, it would be like comparing a low end Mercedez with a higher end BMW

the fuck? Are you seriously comparing GS IBD to Moelis/Greenhill IBD as Harvard to Wharton? Are you stupid?

Feb 12, 2011

Ok. Alexpasch has a star next to his name, meaning that he has industry experience and knows what he's talking about. I also agree with him on the brand perspective. NYC trumps GS in the same way that I'd rather drive a classic Mustang convertible wearing a Timex Ironman than drive an '80s Honda wearing a Rolex.

The second thing is that I'm not really sure the difference in brand is that different between an elite boutique and GS. Lazard is definitely on par with the top five BBs; I am less familiar with the newer boutiques, but I'd imagine it would be the same for those who work in IBD. I work in S&T market-making so I would struggle to understand Greenhill or Evercore, and I'd imagine other folks might too, but it's an NYC boutique and if you could list a major deal you worked on, that would be plenty.

Feb 12, 2011

the fuck? Are you seriously comparing GS IBD to Moelis/Greenhill IBD as Harvard to Wharton? Are you stupid?

err no I agree with him that GS IBD and elite boutiques like GHL/LAZ are on the same level, definitely not a Harvard vs Cornell comparison. You're clearly a college student who has no idea wtf he's talking about

I would also go with the NYC office, regional offices tend to be looked down on unless you're doing TMT in SF or something

Feb 14, 2011

I decided on GS. I sincerely hope I made the decision for the right reasons but as a admittedly superficial college kid who can say. The good news is that I dont think there were any bad decisions possible in this case. Thanks all for the input.

Feb 14, 2011
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