Top tier BB or bottom one with better industry?
Hi monkeys,
I’m now in a mid BB as generalist. The culture is toxic and I really want to move. Recently got two lateral offers from:
1) top tier BB (GS/MS/JPM) industrials group, and obviously industrials might not be as sexy as tech/healthcare/consumer, while notice that many growth fund/PE prefer candidates with tech/healthcare/consumer experience.
2) bottom BB with tech team (this BB has been top in tech). Concerned about the brand name. I’m thinking about buyside in two years but LinkedIn search usually shows another move to top BB before land at buyside. Another thing is that strong in tech means the team is heavy in IPO but lean in M&As, and I’m not sure if this would put me at disadvantage if my resume only gets a handful of “landmark IPOs”.
Any thoughts and help would be highly appreciated!
Since when is there some industry ranking that puts industrials below consumer? I get that there is some nonsense belief that tech = god (I think because the acronym TMT kinda sounds cool) but this is getting out of control now dude
Would you mind adding a bit more color on industrials? Not sure if this is true that some people say there might be more M&As in this space. In general I think industrials cover quite a broad spectrum and I feel a bit hard to get the sense of what it usually relates to (did do research and talk to some people but would love to know your thoughts).
Thanks a lot
I've got a buddy in one of the industrials groups you mentioned - he's going to BX/KKR/Carlyle. I sincerely doubt that he regrets going to the industrials group.
You're in a powerful position with both of those offers. Pick the place you'll perform the best in (this is dependent on interest as well as culture/fit). Also, look at previous exits from each group and see which ones are more in line with your goals.
" culture is toxic so I want to move"
"Hey guys should I lateral to GS"
I do see the point that there’s no place going to be 100% perfect...that’s what I’m thinking about
Industrials in general across all shops is generally sweaty. Not FIG level sweaty but haven’t heard of an industrials group with good culture (at least when it comes to BBs). Then again every shop on is sweaty with wfh so guess that shouldnt matter
Top BB. Not even a question.
Industrials is top at GS and great at MS. You can exit to almost anything from either. Brace yourself for a rough ride if you choose the above but exits and exp. will be top notch.
To be honest not those two lol expect the experience not be easy but definitely see the value there
Tbh not those two lol expect the experience not be easy but definitely see the value there
Modi enim omnis unde rerum. Sapiente suscipit tempora beatae itaque.
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