Is Goldman Sachs the most prestigious financial firm?

no its not

There are several that are considered more prestigious. Blackstone is one, the second is Jefferies.

Completely group dependent. To anyone not working on wall street, it is the most known, and therefore you can say it is the most prestigious, I guess...

In investment banking it is one of the most prestigious, but if you are talking overall financial firms, it depends on what you are doing. Hedge funds like DE Shaw, Renaissance, Citadel, AQR, etc. would be more prestigious, and arguably top prop trading shops like Jane Street and Getco might also be more prestigious.

lol your friends are idiots

There are many firms that are much more prestigious than GS. KKR, Carlyle, Blackstone, etc. on the PE side, Citadel, DE Shaw, on the quant/trading side, and a number of hedge funds that I'm not too familiar with.

I can name at least half a dozen people at my school who turned down GS IBD for places like BX, silver lake, etc.

GS is just another BB firm. While arguably more prestigious than MS, they're far from the most prestigious on wall street

There is difference between GS and KKR. KKR is a private equity firm and GS is an investment bank.

Best bank: GS Best PE firm: Advent International Best VC firm: Union Square Ventures

GS is the most prestigious overall, and in the sense that it's quite difficult to get into a firm like KKR without Goldman on your resume. However, getting into GS is not the end of the game.

Why would anyone move from GS to KKR when KKR is #4 or 5 (Morgan Stanley is #2 and JPM #3?) and GS is #1 most prestigious? Seems stupid to me.

Obvious troll is obvious at this point.

How is this a troll? Goldman Sachs is #1 in the industry and the other good banks and private equity firms and hedge funds are ranked right after right?

http://i225.photobucket.com/albums/dd319/Khellspawn/633764174634680245-…

OMG IT'S GOLDMAN SACHS OMG OMG WHAT IF I DONT GET IN? I THINK ILL BUST A CAP IN MY AS*. WTF, I REALLY NEED TO GET IN OR ELSE MIGHT AS WELL WAIT TO 2012.

^^^ fucking hilarious

Fail.

Goldman Sacks is the best firm of all time DUH!!!! You are an IDIOT if you turn down teh Goldman Sacks for shitholes like KKR and Blackstone!!!11!

Not saying that, if you hate the GS guys and love the KKR guys go KKR, but all else equal 99% of people would say GS is the most prestigious bar none while only .2-.3% would say KKR or Blackstone

i want to be at premier I-Bank after graduation from university. i should accept my offer from Barcley's IBD or shoot for GS ops (in order to get a foot in there door)??

http://www.youtube.com/embed/Lx4poQw1mZo

If I had the capital, I would create a new business school that ONLY accepted applications from GS/MS front office roles and call it the (G+M)S school of Finance. It'd rape Chicago and Wharton in the finance rankings easily.

Damn, someone give me a silver banana for this post, this is called INNOVATION bitches. unlike all you tools on excel all day.

how would you guys feel about goldmans asset mgmt arm? how prestigious is that in terms of investment mgmt

Not saying that, if you hate the GS guys and love the KKR guys go KKR, but all else equal 99% of people would say GS is the most prestigious bar none while only .2-.3% would say KKR or Blackstone

you're retarded...you realize people from GS are trying to get INTO firms like KKR and Blackstone right? For most bankers, GS is simply a stepping stone to better jobs

No one's heard of Blackstone or KKR, it's not as prestigious as GOLDMAN SACHS period. most kids at GS try to go to those places because it's easier to become a partner there, but if you ask a regular joe if they'd rather be a partner at KKR or GS 99.9% would say GS because it simply is the most prestigious firm in finance

Troll;

Crawl out of your ass and take a look around. This is the real world. Do you still have all your deposits at IndyMac?

Regular Joe's have not heard of KKR because they have no interest in finance. A look through the WSJ will find articles talking about KKR or Blackstone. Goldman Sachs is associated with making a lot of money and greed. The regular joes are the ones that vote Barney Frank into office. Give me a break.

Some people might believe this crap, don't mislead them. People have been asking about how to get their haircut lately.

Okay let me put a stop to this. According to a (crappy) London website, Goldman Sachs IS the most prestigious financial services firm. Check this out - http://news.hereisthecity.com/news/business_news/12314.cntns

The Top 30 Firms are as under: 1. Goldman Sachs

2. BlackRock

3. Blackstone

4. Barclays Capital

5. PIMCO

6. J.P. Morgan

7. Deutsche Bank

8. Jefferies & Co

9. Moelis & Co

10. Cantor Fitzgerald / BGC Group

11. Lazard

12. KKR

13. Rothschild

14. RBC Capital Markets

15. Morgan Stanley

16. Standard Chartered Bank

17. Wells Fargo

18. Perella Weinberg Partners

19. Credit Suisse

20. Houlihan Lokey

21. UBS

22. Greenhill & Co

23. Citigroup

24. Bank of America Merrill Lynch

25. Macquarie

26. ICAP

27. MF Global

28. Nomura

29. BNP Paribas

30. HSBC Investment Bank

I think someone wants to win that troll competition

I almost broke my computer because of this thread.

My own personal list:

BEST OF THE BEST 1. Goldman Sachs (big gap)

EXCELLENT 2. JP Morgan - big winner of crisis (gap) 3. Morgan Stanley (gap) 4. Blackstone

Good but not well known 5. KKR 6. Paulson hedge fund investor 7. Fidelity 8. BlackRock

Good investment banks 9. Deutsche Bank 10. Credit Suisse 11. HSBC

Not well known or in trouble with recession 12. TPG Capital 13. Renaissance Technology 14. Citadel Hedge fund 15. Jefferies 16. RBC Capital 17. Citi 18. UBS 19. Bank of America 20. Nomura

Obviously comparable if looking at front office positions (IBD, S&T, prime brokerage, asset management, wealth management, private equity, etc.) but I think this is pretty accurate; some of the more obscure names on the acs london list - perella weinberg, lazard, greenhill - that 99.9% of people haven't heard of don't qualify for top 20 rankings as they are not prestigious

Hahah this thread is getting better and better with every new post!

Pierce & Pierce

facepalm

This is like the pepsi challenge... everyone has their own taste. Plus for this to be serious you need a qualifier for "prestige" if we are saying its prestigious because it has a long name then ill start a new IB and call it "The Hot Spot Investment, M&A, LBO, and all around awesome modles and bottles Bank" and then it will be with out a doubt the most prestigious

what about walmart vs kmart?

lol why you think wal-mart > kmart?

you havn't been in kmart obviously kmart is like the white house of retail shops

Nah dude clearly you haven't been in a UBS...that list isn't necessarily in order, just set as equivalents.

by prestige: 1. BX, GS 2. JPM, MS, LAZ, GHL 3. CS, EVR, Barc, EVR, PWP, Moelis 4. Citi, BAML, UBS

I'm sitting in the tiny ass library in Florence and laughing so hard at this right now, all the little women are glaring at me over their glasses. Please don't stop, I need more of this.

The most prestigious firms are ones that most of us have likely never heard of...like the Delta Force of Wall Street.

I would rather work at rentec than anywhere else.

The most prestigious firm on wall street still is Starbucks. Nothing works w/o coffee.

ಠ_ಠ

bump

Blackstone > HSBC > Piper Jaffray > Goldman > Blackrock > Nomura