Yeah, let me give you a rundown on ops. You will be transferring numbers from one spreadsheet to the other, updating trader/client balances, reconcilling them. You will learn a lot, but not in the front office way. On the other hand, the job is very steady, very rarely more than 50 hours a week. So if you want a good work/life balance, go there, if you want to become a i-banking/investment professional, you won't become one going through operations.

 

thanks for your replies, everyone.

this isn't something i would want to do long term though i think it would be dumb to not show up for the interview.

in the long run i would like to do equity research or fixed income research, or maybe something in fixed income more broadly (or maybe also economic consulting). this isn't a first choice, though i go to a non-target (though pretty well respected) school so i feel like i should take advantage of the interview.

 

of course, go to the interview. What I am saying is, there are plenty of summer positions that are probably available to you that are more attractive for your career development than operations at a bank.

If it's not something you want to do long term, then absolutely try to avoid it for the summer.

 
Best Response

For operations, many times they will ask you in about your proficiency in Excel. Generally the questions tend to be mostly fit/behavior, though they may ask you about current events or what you know about the firm.

It is also important to note that a lot of operation interviewers are looking for people to stay within operations and not for people to jump to front office. Although maybe no one wants to stay in operations forever, you should come across as you do and you have no other plans to go to IBD or S&T.

 
Ace6904:
Once you get into OPS, there is no going back.

this is a retarded comment. i would agree if you were talking full time, but because it is for an internship theres nothing that you should be worried about at all. get the best job you can and don't look back. i would have loved to have GS ops on my resume as a sophomore. it will be an awesome experience

 

Voluptatem maiores veniam nostrum. Et eveniet voluptas et maxime. Suscipit maxime corrupti et aspernatur. Praesentium dignissimos vero aspernatur.

Doloremque qui quas omnis natus dolor inventore. Neque dolore iste sunt nobis.

Ut corrupti reprehenderit tempora porro. Non excepturi voluptas itaque voluptatem nemo at dolor. Ut natus sed et repudiandae et eius ducimus officia.

Sit nesciunt architecto non itaque deleniti facilis et. Veniam cumque possimus quo omnis. Qui ut numquam fuga et ab. Nisi incidunt praesentium et voluptatem. Occaecati blanditiis optio molestias maiores id tenetur culpa. Veniam corrupti itaque non molestiae.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”