Offer from Goldman and UBS...which one should I choose?!?!

College Majors Business Major
1

<p>Hey guys,</p>

<p>I just got an offer for Private Wealth Management at Goldman Sachs as well as an offer from UBS IB - Municipal Securities.</p>

<p>Which one would you choose? I know PWM internships are garbage but just the name GOLDMAN is amazing. Its almost impossible to turn them down for the name they give you on that ever important resume.</p>

<p>On the other hand, UBS is better because it is somewhat related to investment banking (my career choice).</p>

<p>I am a junior at at a top 15 school, I have completed an internship at a investment middle market bank this past summer. My gpa is 3.6. What should I choose!!???!!!</p>

2

<p>UBS has a well respected Municipal Securities division.</p>

<p>You are probably not going to receive the variety that you would get from a more traditional IB group. Not knowing your group specifically, you will most likely spend your time raising debt for public endeavors. Not the kind of thing I would want to do for a living, but something I could probably enjoy in an internship time frame. Which seems more interesting to you, MS or PWM?</p>

<p>FWIW, I think Mun. Sec. is a better stepping stone for an M&A type job offer after you graduate.</p>

<p>If you were a sophomore, I would say go with the GS PWM, but because you're a junior go with UBS MS.</p>

3

<p>i agree with red sox.</p>

4

<p>UBS IB.... You will not be satisfied with the work you will do at GS PWM if your end goal is IB</p>

5

<p>true...UBS is a better choice in this case.......are u waiting to hear from someone else??</p>

6

<p>I hated the UBS office guys...It was just plain and boring. I couldn't see myself happy there </p>

<p>Therefore, I think I am going to accept Goldman</p>

7

<p>if you're a junior.. how are you getting internship offers so early?</p>

8

<p>Its for during the school year not summer</p>

9

<p>I know it's kind of off topic, but can you guys give some tips on ways to land a bulge-bracket IB internship?</p>