Just landed an MS gig...what to do?
Hey All,
I've been reading posts on this forum and have found them particularly helpful. In fact, it is because of IBoasis that I started valuing the usefulness of networking early on which led me to land an SA position with a BB this summer...so for this I say thanks to you all!
But excessive networking has kind of put me in a tough position. I was recently talking to an alum of my school who is a top top (in fact, huge)shot at MS. We established rapport quickly and he asked about my summer plans. I told him about my offer for the summer with a BB and he was thoroughly impressed as I am only a freshman...(and a from a non-target too...so to all it can be done!)
Anyway, right on the spot, he told me to come work for his group next summer as a soph. I should be excited, right...???! But I couldn't.
I'm a Goldman lover. I've been dreaming of Goldman all my life and have already started prepping to apply for their scholarship for excellence this fall. As such, when he blurted out the invitation, I showed no sign of excitement and stammered an "I'll think about it..." He sounded extremely disappointed to say the least and now I feel awful.
Should I accept his offer? I want Goldman badly as a sophomore. Also, I don't feel like postponing it to my junior year as I'm thinking of branching out to get a junior year internship with a very respectable hedgefund or more ideally, an internship with Blackstone.
What should I do?
Killself. The world will be a better place after that.
You've been dreaming of Goldman all your life... just to be there for a sophomore year internship?
Your life won't play out like a book.
lol. is this thread's purpose to be sarcastic? because the fact that u said "I'm a Goldman lover." speaks volumes...
I don't understand...is there anything wrong with Goldman?
I've met a couple of their recruiters and they all seemed really nice. I also liked all the Goldman analysts and associates I've met so far. The firm culture is fantastic and their TMT group, a group I'm really interested in is stellar. Also, MS has no scholarship program. I actually do need the money as I am not so well off.
you are a tool.
I'm confused- what is with all the antagonism?
?
There's a student22 out there that could probably give you some pointers. Like you, he's a Goldman Lover, a real aficionado of The Firm's worship-worthy perfection. Definitely a real asset to this online community.
An MS opportunity as a sophomore should probably get you a GS job as a junior. You still have plenty of time, so why not try MS. It's not like they are a shoddy firm!
Alright so evidently, everyone at IBoasis is anti-Goldman...?
I'm sorry, didn't realize.
Err, no one's anti-Goldman. See, you sound incredibly naive, for starters. Further, consider that many people here would kill to have a position at Morgan Stanley offered to them as a sophomore and have it at their finger tips while you take it so nonchalantly in hopes of holding out for some honors program at Goldman. So think about it in those terms rather being "pro" or "anti" anything.
GS tool
I guess I'll stop being anal and say yes to the alum...
another factor I'm probably trying to run away from (I just realized) is that I don't want to be stuck at MS. First, he's an alum, second, I have to work in his IBD group, third he'll most probably expect me to return as a junior...I don't want to lose my freedom to choose firm options...
frankly speaking when he gave me the offer, I don't think he was thinking short term- I think he was envisioning me joining the firm long term and I don't want to feel trapped
It really has nothing to do with Goldman or against Goldman. It has everything to do with how you present this great opportunity. Imagine someone coming to you and saying "my dad gave me this brand new Porsche but I've had my eye on this Ferrari...should I take it back?"
MS is an absolutely fantastic firm to have on your resume as a sophomore. Bird in hand. It's a sure thing...Goldman on the other hand is not. You can always go for GS your junior year, or BStone if that is your ultimate goal. Your contact at MS should understand that you need to try different things in order to make a decision.
Very well said.
I don't understand. How do I sound naive?
Sorry I just don't think you will get much sympathy or non-sarcastic advice for worrying about being 'stuck' at a top-tier firm. Especially when you are having these worries as a FRESHMAN.
What do you want us to tell you exactly? Don't be so quick to write off firms who aren't as 'lovable' as Goldman. Having a network in place at MS could be valuable to you for the future. And I'm sure the alum realizes that you are clearly very new to the industry and won't exactly jump to a full-time offer.
Just keep an open mind and enjoy your tough decision.
i'd take it, easy....just me personally though
is the OP serious?
You don't even have to apply to get MS...anyone else will jump at such an opportunity
Also, your networking skills must be way up there somewhere- I take it that whoever gave you an offer must be an MD or ED and for you to impress someone of that caliber as a freshman, you must look/sound pretty darn impressive.
Listen, take MS. If you are as smart as you sound, this issue shouldn't even be a dilemma for you. Unless you'll rather return to your freshman summer BB in your sophomore year after a potential GS rejection- in which case you'll be screwed- no GS, no MS and you'll have pissed a Wall Street big shot off-
If this happens, please let IB oasis know so I can laugh my head off-
First of all, let's not tell people to kill themselves. He asked a question. It doesn't matter if he's a bit naive---he's a sophomore in college, for heaven's sake. He's LEARNING. Let's help a brother out.
Giglander---I think you don't understand the value of what you've gotten here, probably because it has come so easily. You got very, very lucky, and I think you should embrace it with both hands. Take the deal, now, before anyone changes his mind.
About your concern about being locked into MS forever: That is not how it works. Firms like it when you have relevant experience. You will be a BETTER Goldman candidate because of the MS internship. In fact, that may be the ONLY way that you can get a junior position there from a non-target school. You are not locked in, by an internship, ever. And getting more experience in your chosen field is always good.
I say: Do it!
This is evidence of what I said before, everyone wants to be at GS. Compare banking with the Olympic Games, are you going for Gold or Silver? Nobody is happy with silver or less.
Never burn your bridges. You don't know to what extend your alum connection goes! just my 2c
Indeed try to get both, get the MS offer , take it to GS and you will get an offer from GS!
Student22 has a good point.
Please fuck your connection, botch the GS interview, end up at Wachovia.
-
Just offer to t-bag their Goldnut Sacs
True, it's all about talk about the things they like and make them like you. Actually it's a kind of manipulation.
Goldman is an animal and no one can deny that, but to say no to MS for a sophomore year internship would be just stupid. Goldman takes very very few sophomores for summer interns, although you have a great chance being a girl and a BB summer internship under your belt. Goldman is an amazing place, but passing up MS for the possibility of Goldman would be like passing up a blowjob for the possibility of getting laid. Just not a smart thing to do.
I don't think she minds passing up the blowjob for getting laid.
I pass on blowjobs all the time, but take the MS gig. Clearly someone important likes you and will take the time to make sure you have a great experience. There's always GS next summer and of course they won't be unimpressed by your sophomore MS internship.
Oh and giglander, are you attractive? Something tells me you aren't heinous.
C+
Not creative or funny, but you still managed to sucker people in.
worst thread ever
was that last post serious?
so according to your logic dav3100, minorities in BBs are only there because theyre minorities - regardless of their intellectual capabilities?
Well, someone deleted it. But the gist of it was: Minorities in BBs WHO ARE FROM NON-TARGETS AND HAVE LOW GPAs (not minorities in general) are only there because of their race. Seriously, don't even bother arguing with that.
yes it was serious and while i am not sure what you are talking about moneyinthabank, i would like to see a picture of giglander, something tells me shes hot.
guys, this is a joke. don't you really realize he is just having fun? Look at all the "interests" he had in common iwth the interviewers. He must be the most well-rounded person in the world. And correct me if I am wrong, but I don't know any of the top top (in fact, huge)shots at MS to be from non-targets. And an average MD will not be able to single handedly hire you, because of HR.
The head of a group in my bank wanted to hire more people from his alma mater, but HR wouldn't let him.
i was talking about a post that was deleted.
anyway, i agree with the meritocratic system. keeping that in mind, dont make generalizations like that if you dont want people to see you as an ignorant jackass. your original post only mentioned minorities in general.
and finally, Goldman's SFE seems like its geared towards outstanding kids, regardless of what school they go to, plus they have a cutoff GPA so giglander is obviously qualified if she is preparing herself for this merit. as for going to a non-target - again, this means nothing if you have what it takes to make into banking - i.e. skills, perseverance, etc.
Well, I do apologize then for sounding like an ignorant jerk. I meant to point out to the original poster that since she doesn't have a high GPA and doesn't go to a target school yet landed a BB internship as a freshman (something it's nearly impossible to do even as a top student from an ivy), her race was probably a large factor in her landing the internship. Given that, I think she should be very thankful for being afforded this opportunity, and not go around complaining about how she really wants to work for Goldman Sachs.
I also pointed out that Blackstone doesn't hire people from non-targets for their M&A group. Ever. At least at the undergrad level. They recruit at like 5 schools for the M&A group.
Also, the scholarship for excellence requires a 3.4 GPA...that's a below aveage GPA for the average IVY intern at a BB (non-targets are generally required to have much higher GPAs than that). Although it is quite possible that the AVERAGE GPA of interns in this scholarship program is sky high, but we have no way of knowing that nor the original poster's GPA unless she volunteers it (although we do know it's not really high, as she says this in one of her posts).
Not sure how accurate it is-but someone mentioned in one of the threads that Blackstone did take a guy from Canada, from Richard Ivey I think. Blackstone doesn't recruit anywhere in Canada, so there was clearly a connection there..
I really did think this thread would be about Microsoft.
if you have a BB internship your freshman summer and then a MS internship your sophomore summer, you are already way ahead of everyone else that's your age, and probably can't be in a much better position to recruit for Blackstone. you think they really care whether your sophomore internship was from GS or MS? they'd be impressed either way.
and just because you agree to work for MS over the summer does not mean you agreed to work for them full time. thats not how it works.
This girl is full of shit. Period. Salam knows his shit, no MD at ANY bank will unilaterally hire anyone, EVEN a summer intern.
lol. "It can be done!" hahah. yeah right. Even with handicaps such as affirmative action quotas and the like, this is impossible. Maybe if you're native american. But even that's a stretch - native americas are too awesome to dabble in something as massochistic as banking.
t-bag his goldnut sacs. HAHAHAHA that made my day.
1.) you're a GS tool 2.) ms is just as amazing as GS, and is gunning closer each year to gs, especially with the return of the Mack (i'd be surprised if you even knew who i was talking about) 3.) for someone that loves goldman so much i'm surprised you're fickle enough to jump ship to Blackstone.
Give up now. For someone that says you're a lover of a company, your loyalty sure doesn't sound too strong. I don't care if you're persistent and do your research - you're a tool, and will just follow the crowd to the next big thing, t-bagging those goldnut sacs. try making decisions for yourself - it might feel refreshing.
Hey I'm glad someone finally caught that goldnut sacs joke. And I think everyone knows that Return of the (John) Mack is by Mark Morrison... it's a classic
the end~
oh yeah, forgot to mention too before I make my exit:
werdwerd: "ms is just as amazing as GS, and is gunning closer each year to gs, especially with the return of the Mack (i'd be surprised if you even knew who i was talking about)"
ehmmm...no offense but I think you must have a very exaggerated sense of self going on...
thanks for all your inputs~!(racist/otherwise)
HAHAHAHAHA I just crapped my pants. How in the hell does someone land a gig without knowing the fucking current ceos name much less the history of the bank. Gig you are full of shit sister.
"ehmmm...no offense but I think you must have a very exaggerated sense of self going on..."
this extends to you too Gommini
or do you not know what the sentence means?
Shut up and show us your pic already.
just in case you were too slow to figure it out:
"ehmmm...no offense but I think you must have a very exaggerated sense of self going on..."
simply means...knowing who John Mack is, or in any case, playing a pun with his name and alluding it to mark morrison's song and assuming that only an exclusive group of people "in the know" (whatever that means) know what you're talking about means you rate yourself too highly.
I believe I can safely assume that any high schooler genuinely interested in IB should know who Mack, Blankfein, O'Neal, Dimon, etc are...
too chicken to leave the tits comment on gommini?
trust me , you don't need to encourage anyone on here to be racist / sexist / etc.
...and now dan bush is trying to draw attention to himself again by logging in with new accounts.
if any moderators are on, just a heads up.
not encouraging- never would- but if these are the mannerisms of people in the industry, I'm afraid I'll have to give my career path a rethink
Maybe you should rethink your uppity attitude.
re-reading this thread will probably give you a better sense of who really has been uppity - certainly not me, everyone else yelling and scratching, maybe~
giglander, if you really were a Goldman lover, you wouldn't just use their internship to leverage it to go to Blackstone, you would stay there for a at least two years. Dipshit
true. maybe I'm really a "tool"
yeah. you probably are. and what happened? I thought you were "making an exit" about 6 posts ago
yes and some moron came and started feeling good about himself because he knew who john mack was, as well as posted a very sexist and inappropriate comment-
it's the internet, it makes people stupid
hahahaha, this whole thread had me cracking up...IF this whole story is actually true, I think giglander must be that rare exception that's hot as hell yet still somehow smart, and that she used her womanly charms to seduce the MD into giving her the internships. Everybody is right...there's just no way this could happen otherwise.
I mean sure, if it makes you feel better to believe that...no problem.
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