Goldman Corporate Treasury or JPM Private Bank for SA?

Received offers from both - and have already made my decision but would like some input. Goldman was in NY and JPM is in a regional office out west. Thoughts for exit opps, prestige, and salary growth into the future?

 

If you want to be front office and the JPM PB job is front office, I'd say go with JPM. I'd wait for someone else's opinion on that, but if I'm understanding the positions correctly, it's a lot harder to move from treasury to FO than midwest FO -> NYC FO.

That's assuming you don't like/want to do treasury.

"You stop being an asshole when it sucks to be you." -IlliniProgrammer "Your grammar made me wish I'd been aborted." -happypantsmcgee
 
Best Response

The position was for a SA role. Pay at GS was $65k with a small housing stipend. 3.61 GPA from semi-target but good networking within Finance at GS. Freshmen and Sophomore experiences in S&T at boutique firms out west. Treasury superday was tough but I can give plenty of advice on interview questions.

I did end up accepting JPM over GS, as I agree that it's probably easier to go from midwest FO to NYC FO. Treasury was slightly enticing mostly due to GS and NYC but definitely more analytical than I'd prefer.

 

I'd add one more question to my original post - what looks better on a resume for Grad applications? Having GS in NYC is definitely a good name on a resume during applications. Do MBA programs place a lot of emphasis on location?

 

Eos tempora consequatur qui facere consequatur et ea. Tempore aut neque eligendi velit consequatur.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”