Investment Management Goldman Sachs vs Big 4 Consulting

Alright I am probably going to get a ton of heat for this post but I am really torn as to what I want to pursue. Currently I have received offers to do an investment management summer internship with Goldman Sachs as well as Management Consulting with PwC. I suspect that the investment management offer would be in the Private Wealth management area. I realize that these two internships are on the opposite sides of the spectrum. However, both intrigue me as they seem to require extensive client interaction. My questions are, what kind of people do PWM? Which one provides a more rewarding career?

Other useful information includes: I am a sophomore at Semi-target state school and am pursuing degrees in both finance & accounting.

Comments (8)

Oct 21, 2014

Honestly I'd probably go with PwC only because ultra elite PWM is hard to carry on long term and your internship may not have the option to convert to full time

Oct 21, 2014

Tho I guess if you're a sophomore you have another summer ahead..

Oct 21, 2014

If I do go with PwC, what do the exit opps for a second tier consulting firm like PwC look like?

Oct 21, 2014

I would do GS if you're interested in banking for next summer. Last year, I had a similar decision to make and went with a BB SA offer. If you do a good job, it's certainly feasible to do mobility and lock down a banking SA for next summer at the end of your sophomore internship.

Nov 2, 2014

I am struggling with the same decision. Though, I am a senior. I'll tell you what I have gathered so far: Having Goldman Sachs on the resume impresses people. Goldman is a powerful name. I would be willing to be you could get a consulting internship with PwC after working for Goldman, and it might be difficult going to Goldman after PwC. If you are a Sophomore, getting a FT offer shouldn't be on your mind right now. Take a position that will open doors for you. My vote goes to Goldman. Good luck OP! You're in a better position than I was Sophomore year with two offers.

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Nov 8, 2014

No brainer, PwC. Forget about having Goldman's name on your resume, other BBs won't be impressed by an operation analyst or any middle office analysts from Goldman.

    • 3
Dec 4, 2014

Investment management isn't operation or middle office ????

Jan 8, 2018