11/17/16

As per the title, how do people rank exit ops of Goldman Sachs LevFin vs Morgan Stanley M&A Generalist team?

How does the street view their class quality/ prestige/ exit ops?

Thanks!

Comments (5)

11/17/16

If you had any offer you would know that in London SA's at both banks don't really know where they will end up until shortly before the internship. At GS you do a rotation beween IB and capital markets and at MS you get assigned somewhere across IB and capital markets a month or so before the internship...

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11/18/16

MS is assigned in March/ April, and GS around May. This is true, but you're forgetting that you have to submit preferences for teams by January, and it is absolutely possible to negotiate for which team you join.

Best Response
11/17/16

I currently work in LevFin, and I'll say that if you're targeting exit opps, you should definitely be targeting M&A. This is less of a GS vs MS issue, than it is a M&A skillset vs. LevFin skill set issue. The skillset you get in M&A is much more versatile than that you would gain from LevFin.

11/18/16
Highly Leveraged.:

I currently work in LevFin, and I'll say that if you're targeting exit opps, you should definitely be targeting M&A. This is less of a GS vs MS issue, than it is a M&A skillset vs. LevFin skill set issue. The skillset you get in M&A is much more versatile than that you would gain from LevFin.

While I agree on that assessment, the choice also depends on what you want to do in terms of exit. Now, I don't think that the majority of kids who start out in banking have any clue what they actually want to exit into, but occasionally there are people who at least think they have a very good idea. If that person would want to do only credit/distressed recruiting for example, at least in London, you'll be better off working in LevFin or RX. If you want to keep your opps broad, M&A works better.

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

See my Blog & AMA

11/18/16

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