GS: securities vs GSAM

securities is composed of Equities and Fixed Income. there are strategists within each who help out on the specific desks (commodities strats build wheat models, distressed build high-yield models...etc). there are also some buy-side desks in securities which include the well-known prop desks such as gsps and ssg

GSAM also has a strat group but i believe it may vary as to where you are. some strats are traders themselves in the quantitative alpha groups, but some will serve the same role as helpers

do GS prop desks recruit straight from undergrad?

yes they do but you have to be the best candidates in either securities or IBD to even get an interview. Usually they do first rounds in IBD, pluck the clear top candidates in addition to picking people they had been looking at before.

Out of the two people I've known who've worked at Goldman SSG, one is the son of Ken Moelis, the other had two internships at MS IBD and a 3.9 from Wharton. They might be on the higher end but I think that's a good indicator

yeah, I know who you're talking about. His son interned at Oaktree after freshman and sophomore years. Do you know anyone from Wharton who went to GSPS? Just curious.

Thanks.

guys, stop hijacking my topic. please create your own topics about GS and discuss there whatever you want. I'm still waiting for the answer to my question

gsps was more selective than ssg and only 1 person stayed for the entire summer (was from top non-target, stanford/mit).

if you want to be a quant trader i'd suggest joining a quant desk in GSAM