GS: IBD vs "Securities Investing"

Hey Guys,

Uh kinda unusual situation here. Didn't get preselected by GS originally, contacted someone I knew at GS and was told that my resume was indeed picked. I can only guess something went wrong with HR.

Anyway, I just got selected for an on-campus for "GS: Securities Investing", a division that I didn't even apply for. My guess is that HR put me into that slot since all the IBD slots are probably filled.

Question: From what I gather, GS Securities is almost like a prop trading desk, correct? Hence, I can only guess it will be MUCH more difficult to land as a summer analyst. Do you guys think I should contact the person I know and inform him of this.... or just suck it up and interview for Securities? If I explicitly state during my interview what transpired, any chance they might bump me over to IBD even if I fuck up the SEcurities interview?

(P.S. I have a feeling Securities is MUCH more quantitative than IBD, so this is the reason why I'm a bit nervous)

 

First go on the GS website and look it up. Then Google it and see what more you can find out. Then contact the person you know, tell them you're excited about the interview but don't know a whole lot about that particular function. Proceed then to have a discussion where you will ask questions and prepare yourself for the interview. I think the safe assumption is if it's between whether you screwed up or Goldman Sachs screwed up, it was you.

 

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