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Vault Message Board: Goldman, Sachs & Co.

Topic Name: PE vs IB
Message Name: NO
Date Posted: 02/10/2006
In Reply To: Hi! I'm choosing between a junior analyst position in a top-tier PE house (think KKR, Blackstone) vs an associate position in a top-tier IBD (think MS, GS). Personally see PE as my final goal. Reason that I'm struggling between the two options is that I don't have any previous experience in banking, not in DD, not in execution or anything to do with banking, and therefore IBD appears to give me a better platform to learn about the business before I start doing PE. Would really appreciate if anyone could advise on how I should think about the situation? Many thanks!
Message: GO INTO PE. My god, you are a lucky son of a bitch and you're about to throw it in the shitter.

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