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Looks like the focus is on doing banking, in that case toss out McKinsey. What is your location preference? Again, since the majority of offers are for NYC, I assume that was your focus. Now, GS, JPM, or MS for NYC? If you've seen the news, you know MS is slashing jobs and trading, which may impact the IBD on a pure reputational level, so toss out MS. Now GS/JPM (NYC) I would say are both Tier 1 BBs and dominating the league tables. Edge would go to GS on slight boost in brand name v. JPM. So, final answer: GS NYC. Don't overthink it, I could've come up with that from just the thread title and no analysis at all.

 
mountainvalley:
Looks like the focus is on doing banking, in that case toss out McKinsey. What is your location preference? Again, since the majority of offers are for NYC, I assume that was your focus. Now, GS, JPM, or MS for NYC? If you've seen the news, you know MS is slashing jobs and trading, which may impact the IBD on a pure reputational level, so toss out MS. Now GS/JPM (NYC) I would say are both Tier 1 BBs and dominating the league tables. Edge would go to GS on slight boost in brand name v. JPM. So, final answer: GS NYC. Don't overthink it, I could've come up with that from just the thread title and no analysis at all.

Even though your explanation has somewhat random logic, I actually think it's pretty sound. Would also go with GS NYC. (all else equal I think most candidates would choose a generalist GS IBD offer over a generalist MS IBD offer, not knowing what group they'll be placed into)

 

The title of blog is insane. You are clearly really f-ing smart (probably at a top top school with sweet GPA) and have no idea what you want to do. If you didn't have McK in the list, this might make more sense. For GS, it depends on the group. They have the top groups and then some random banking groups you never knew existed, all under the IBD umbrella. MS is always a good choice - can't go wrong in placement. As for JPM ... depends on the sector (e.g. great oil & gas). Top bucket in any of those places opens doors at any megafund. But before I dismiss consultants, which is one of my favorite things to do, a good friend of mine turned down a good GS IBD offer for McK because of the hrs. So keep that in mind when deciding


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wallstreet333:
If you had offers at these, which would you take (or rank them in order)?
I'd talk to HR and contacts at each place to see if it's possible to guarantee a certain group. Use the other offers as leverage.

GS IBD would be my pick if I were guaranteed to be placed in one of their normal industry groups but GS also has some groups I would not want to be in like Real Estate or the Public Finance group (dunno the exact name) and a few other really random ones. A friend got a GS IBD offer and they placed him in some weird derivatives group that probably has very few traditional exit opps. GS TMT, FIG, HC and some others would be great though.

I have seen some people from California offices of GS in TMT moving over to megafunds and it's good that you are guaranteed a group. Will end up coming down to where you wanna work though.

MS NY is also great. If you can get them to guarantee M&A there, then you should pick that.

McKinsey is a great option but not as good as the others if you wanna go into PE or a hedge fund, but then again we don't know your goals.

If you can leverage the other offers to get M&A or Sponsors or C&R at JPM, I'd go there over rolling the dice for groups at the other places.

If you can't get any of them to guarantee you a group, I'd go GS NY or GS SF.

 

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