It seems there is a lot of reverence on the street for GS TMT and MS M&A teams. These groups seem even more selective than GS/MS as a whole. So given that, how does one even begin to try to get into these specific groups? Is it based on relationships?
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I think this whole business is 90% connections, 10% smarts.
tmi
Most of GS TMT are from top targets like Wharton and Harvard, and graduated at the top of their class summa cum laude. A lot also had BB IBD experience before. There are the occasional connections who make it in, but on the whole, the profiles are pretty damn impressive. MS M&A is probably more "mortal," since a lot of people would just choose any group in GS over MS.
MS M&A, GS TMT, Citi M&A (Originally Posted: 04/02/2009)
Can anyone give me the type of applicant that is successful in getting job offers from these top groups? I have heard that it is virtually impossible to get a job in one of these groups unless you have serious connections.
I'm just wondering if an Econ major, 3.7+ GPA from Duke with multiple internships has a chance.
a good way to do it is to get into the company's sophomore program and then work your way into a junior internship in the group. work hard and get yourself a return offer.
These programs are not completely unattainable. A friend of mine graduated from NYU's Stern with around a 3.7. He summered in ML IBK and then accepted an offer with Citi IBD - M&A.
I seriously hate these kinds of threads. So pointless and it always just turns into a dick-measuring contest.
My guess is that this kid is a freshman who is trying to do big things. I wish I would have asked a similar question when I was his age...
I don't even get this thread. Duke is one of the top targets for these banks; as far as group placement, that is all up to who you know, who you impress and a dash of luck.
could it be more selective if you dont apply directly, they just put you in the group depending on who you meet right?
I think it's always best to have some sort of contact at every single bank, rather than just submitting a cold online app...
And in other news, the sky is blue.
If you have to ask, you don't have a chance.
While it's great that all the college kids here wank off to GS TMT/MS M&A/etc., you do have to consider that you have to live it for (at least) two years. I'm not going to search for the thread, but someone described GS TMT as drinking from a firehose and then wallowing in the pool of water from that hose and drinking that up too. Combine that with what I've heard from people (secondhand albeit), and it's something that you have to make a really reasoned decision as to whether and how badly you would want to be in such a group.
Not every group in GS or MS is good. If you guys knew anything you'd know that many groups within GS are actually mediocre. And TMT is more selective because usually the cream of the crop get placed in there. Kinda like going to Berkeley and then applying to Haas. You're taking a top percent of the already accepted class.
Really? A lot of the Haas students I know/met aren't really impressive at all, they just take the easier classes and get in. Also the curves are very generous in Haas.
I hear the bonus curve is easier in TMT as well.
It is about the groups. However, you can't even compare BoA to these banks right now.
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