GS IBD LA

Does anyone know about the LA office of GS? What groups the office houses? Culture? Schools the office focuses recruiting efforts at? Exit opps, etc?

From my understanding, they have TMT (primarily focusing on media), industrials, healthcare, and FIG groups in the office. Outside of that, I don't know too much about the office itself.

If anyone can provide more color, it would be much appreciated. As always, thanks.

 

Definitely interview dude. It's worth it. Also, yeah they prob had ppl deny their offers but who cares.

-- "Those who say don't know, and those who know don't say."
 

Do you have a choice between the two? I think GS LA is supposed to have slightly better exit opps. Culture/lifestyle depends largely on the groups, no?

 

..... GS doesn't have product groups buddy. And i don't think they have TMT out of LA for all i know. Last thing I heard is that they have a FIG group there. And also, just email the recruiter, get the answer, and then tell us more info too.

 

those of you who had friends working in MS/GS in LA, did they try for the LA office or were they placed there out of randomness/closeness to their college?

 

Depends on what your other offers are, and what your longer term goals are (e.g. if you prefer west coast vs nyc).

I have heard that GS LA, particularly FIG there has placed well in PE.

 

i imagine it'd be similar to the UBS LA recruiting events they used to have... you submit your resume and the pick you to come in for a presentation + networking/Q's at the end.

 

USC undergrads were allowed to submit their resume and a select few were picked to attend the "private" info session in LA and SF.

So if SC is one of the West Coast targets, then I'm sure Stanford, Cal, and UCLA all got the invitation as well.

 
Best Response

It amazes me how many kids post misleading or flat out wrong advice on this board. If you don't know what you're talking about then plz dont post at all.

GS LA currently consists of two groups, FIG and CRG. Of those, FIG has the stronger deal flow and exit ops, and frequently places into top PE on the West Coast (SLP, Oak Tree, etc.).

There is NO TMT or Healthcare team in LA... there used to be communications/media guys but they got axed during the financial crisis. The office itself used to be quite large but has been reduced to less than half its original size since the crisis hit. Since things are better now they are talking about building back up.

That said... it is one of the top LA offices in terms of exit ops, in a large part due to the brand name. It is harder to exit to the East Coast... but they have access to all of the top megafunds in SF/LA.

Hope this was helpful.

 
tripleD95:
It amazes me how many kids post misleading or flat out wrong advice on this board. If you don't know what you're talking about then plz dont post at all.

GS LA currently consists of two groups, FIG and CRG. Of those, FIG has the stronger deal flow and exit ops, and frequently places into top PE on the West Coast (SLP, Oak Tree, etc.).

There is NO TMT or Healthcare team in LA... there used to be communications/media guys but they got axed during the financial crisis. The office itself used to be quite large but has been reduced to less than half its original size since the crisis hit. Since things are better now they are talking about building back up.

That said... it is one of the top LA offices in terms of exit ops, in a large part due to the brand name. It is harder to exit to the East Coast... but they have access to all of the top megafunds in SF/LA.

Hope this was helpful.

CRG = Consumer and Retail Group?

Thanks for the info.

 

From a buddy of mine in SF TMT: "there are no junior TMT people in LA. A few partners, but that's only because they're partners and want to live in LA." He also said the LA office got hammered after the crisis - 40% fired, 20% transferred to other offices. I'd stay away from GS LA if I had the option.

 
accountspayable:
Interesting. I can't find anything on the Cal Career site with regards to any summer recruiting events.

its not there anymore. it was there for like 4/5 days.

 
soongcs:
accountspayable:
Interesting. I can't find anything on the Cal Career site with regards to any summer recruiting events.

its not there anymore. it was there for like 4/5 days.

Really? Too bad there isn't a way to have the system auto-email you when certain companies post listings. It was a pain checking that site everyday during recruiting season. I can't imagine having to do the same in the summer as well.
 

i have a networking session with them tomorrow...

am i to assume that this could be a way for them to see if they would want to interview anyone this late in the game to see for potential summer analysts?

or just an early way to meet new students for FT recruitment? im a junior btw so i dnt think this would be a way to meet potential candidates for NEXT years SA...

thoughts? also any clarification on what industry groups they have would help, as some are saying TMT ?, healthcare ? FIG?

thanks

 
nutsaboutWS:
i went. good event. 10 bankers, 10 candidates.

I should've gone to the LA event. The SF event had many many more candidates.

 

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"If you can count your money, you don't have a billion dollars." - J. Paul Getty
 

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