GS IMD vs. Leerink Partners IBD
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name. id. stupid.
Is there a possibility of turning the Leerink Partners SA offer into a FT one? How are their FT conversion rates? If yes and good, respectively, I'd take LP. You do want to do IB, after all
There is a high possibility of turning it into a FT offer but the thing is I want to do banking for a BB (which I was unable to secure for a SA position). So my question I guess is do you think having GSAM on my resume would me help me going into full time recruiting?
I think it depends on how your OCR is and how many spots banks are looking to fill. But if your goal is banking and your SA firm gives out FT offers then you should definitely go with the IB position. Worst case scenario after/if you get FT at Leerink, you'll work there FT, which isn't a bad place to be (lateral is also an option). Also, having an IB offer FT will help you leverage for other IB FT positions. Don't think you can necessarily say the same for GSAM, even if it is a BB experience.
Goldman. Get the return offer and shop it around for FT.
leerink
yet another superday invitee discussing job prospects for NEXT YEARS' applications when they have yet to land the current year's...
yet another thread discussing a GOLDMAN position - but not the one they want...
This is a no brainer... You want to do IBD. So do IBD. Don't let WSO turn you into a prestige-whore... Going to a firm because of its prestige over the experience you would get is retarded. Your options to move elsewhere in IBD after that Goldman position would be extremely limited compared to those if you already had an IB position under your belt.
You don't think having front office BB experience would look appealing if I go into FT recruiting for banking?
Doing GS AM will not help you get banking... Banking will help you get banking. Especially when everyone who goes into FT recruiting has some sort of banking experience, while you wouldn't.
Who said I don't have banking experience? I actually have worked at 2 small, boutiques.. The reason I'm looking at GSAM is because it might be good to get bigger firm experience before I go into FT. I do see what you are saying though
Any idea what the GS role would entail? AIMS with the PE group - are they a fund investor or do they do any co-investing? If the latter, do you know if the intern will get to do some modeling?
Normally, unless there is a massive gap in terms of branding (i.e. a no name boutique - which Leerink isn't) I would suggest go for IB since that is what you want to do. But if the GS role will allow for you to gain some relevant technical experience (e.g., modeling, valuations), the GS name + experience could be promising. So knowing what the nature of the GS role would be helpful...
Finally - please change your WSO account name to something more anonymous. And that goes for any other college kid coming into WSO for offer advice - think carefully - do you want your potential future employers know you have an inkling of doubt on their offers?
You'd be in a Risk Analytics or Client Services group and not PM (which is in NYC).
i would personally go with leerink for the summer analyst position. having leerink on your resume would probably land you FT interviews in most healthcare groups at BBs.
Leerink.
Dont go to SLC, trust me! Not only they pay like 55K (I know the cost of living bla bla), but within GS you will be treated as less. Most SLC operations are for BO, MO and some IMD and GIR, but its not really client facing etc. Most of the roles are not as good as you might think. Having GS SLC is not the best.
@taquito 879 thank you for your insight! How do you know most of SLC is not client facing? Do you know this from experience? I know that I am interviewing for IMD for sure
Check various news sources across the web. As taquito said most of GS SLC is BO/MO and some IMD and GIR.
Here's one article http://news.efinancialcareers.com/162176/would-you-move-to-salt-lake-city-for-a-job-at-goldman-sachs/
You'd be in a Risk Analytics or Client Services group and not portfolio management (which is in NYC). Aka either MO finance or client dick sucking.
Yes I know it from experience, did a summer internship at GSAM AIMS NYC.
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