<p>If you had the opportunity to choose which BB you could start at, which one would you choose? As an analyst or higher, not as an intern. I am talking about first year analyst position. Pluses and minuses of your choice would be appreciated.</p>
<p>Goldman Sucks! … :D</p>
<p>Morgan Stanley…?</p>
<p>the obvious answer would be GS or MS…</p>
<p>Goldman Sachs or J.P. Morgan</p>
<p>Stupid question because any answer posted will not at all influence anything that has to do with your life. Go ahead and get some offers, then come back and ask people’s opinions on the bank(s)+group(s) you get into.</p>
<p>Depends on the product.</p>
<p>I think it is important to look at each firm’s culture and where they are in building up their talent. </p>
<p>MS lost a lot of senior people few years back. They are not where they used to be. At the same time, their senior people are saying the new talents (analysts and associates) are their future. </p>
<p>JP has a good name, but it is a big factory. They hire a lot of people, possibly lose a lot of them too. </p>
<p>GS puts their people through the grinder, and for no good reason. It’s similar to a boot camp. It is the only firm that I advised my daughter not to work for. In speaking with her friends this summer, she agreed with me.</p>
<p>My daughter made her own choice with her summer internship (she had 4 offers). It was a hard choice, but at the end she went with a firm that’s #1 in the area she wanted to be in, and people she liked to work with. It wasn’t a #1 most people wanted to work for. She was proven to be right because the firm took the time to train their interns. The interns were hazed a bit, but overall treated with certain respect. Senior managers mentored my daughter, and she noticed most of those managers had a life outside of work. It may not be intense enough for some people, but it fits with what she wants out of her career/life.</p>
<p>giants92, there’s no need to constantly antagonize us high school and college students for our ignorance about the entire process. Everywhere I go, I just see your constant, mocking sardonic attitude. We understand, you’re more knowledgeable than we are. Now please only post when you have something relevant and useful to say - the policy followed by most of the other knowledgeable posters.</p>
<p>D interned at Goldman and is now a first year analyst at another BB. She thinks her current BB is a much better place to work than GS, although she still maintains good friends at GS.</p>
<p>But C-Revs is right, according to D. She believes she works with guys considered the best in their field.</p>
<p>Goldman TMT and Morgan Stanley M&A are easily the two top groups on Wall Street</p>
<p>
</p>
<p>The top groups for what? Private equity exit opps? Distressed hedge fund exit opps? Deal experience? Lifestyle?</p>
<p>The “top group” for some may not be so for others.</p>
<p>
</p>
<p>I just find it ridiculous that the OP failed to determine the answer to his question via the search function or Google.</p>
<p>“Constructive” advice: OP, go to wallstreetoasis.com. You will find all the information you want on you’re topic of interest.</p>
<p>He’s just ■■■■■■■■. I do that often too when I want to screw with people. With that said, some people might just like using forums for Q&A. Nothing wrong with that.</p>
<p>If you goto WSO, you’ll probably end up posting the same question on those forums, and they’ll be worse with the mocking.</p>
<p>I just heard about the Blackstone group.Is it great,and how do you get in?</p>
<p>M&A - GS or MS
Tech - especially if you like Cali, MS
Media - GS
Beyond that, scan around, but you usually won’t go wrong with GS (to state the obvious)</p>
<p>IBanker</p>
<p>What about energy and environment related fields?</p>
<p>
</p>
<p>top groups in terms of deal flow, PE exit opps, prestige, compensation. That seems to be how most people define a top investment banking group…</p>
<p>giants92 - sorry I for getting angry with you and calling you out. You’re definitely one of the most knowledgeable people in this section of the forums. I think the OP intended this as a “for fun” thread, rather than one intended for actual advice. Your recommendation of wallstreetoasis was well made - it’s a great resource.</p>
<p>Apologies.</p>
<p>Don’t worry about it.</p>
<p>(To add to my previous post, the OP is also ignoring the existence of multiple boutiques that are widely considered better than most of the bulge brackets, some on par with/better than Goldman and Morgan, in terms “deal flow, PE exit opps, prestige, compensation.”)</p>
<p>Ranking banks is stupid. Paying attention to “tiers” is advisable. If you’re in the top tier, exit opps depend on the individual in question. A hard-working, top Analyst at any of the bulge brackets/top boutiques will have good exit opps. Two years of compensation over the course of a career is negligible. Prestige discussions are the worst.</p>
<p>A “for fun” thread can have some misleading advice sometimes. For instance, BankonBanking suggested Goldman or Morgan in a few areas. Without considering all the variables (a very important one is people with whom you will be working), that advice would not be the best for everyone. All else equal, sure, go to Goldman if you know you want to work with TMT companies. But many people would think Goldman is too uptight for them, and would have a more enjoyable experience at more relaxed firms like Evercore, a more tight-knit, client-focused firm like Allen & Co., or firms with a more collegial environment like Citi or Moelis.</p>
<p>Ignorant kids without perspective stumble upon these threads all the time.</p>
<p>depends on the product</p>
<p>For instance, an IBD analyst whose goal is to get into PE probably cant go wrong with MS, but unless I have other choices, I definitely would not go to MS because I am interested in S&T, and MS has been stinking it up on the trading floor, especially in the fixed income space.</p>
<p>Someone’s who’s interested in fixed income product/structured products across all asset classes would never go wrong with Barcap, but the IBD franchise especially outside the US is lackluster, and the cash equity business is junk too (they actually just started the cash equity platform in HK/Japan)</p>
<p>I can go on and on…</p>