Number of Goldman Sachs Analysts Hired

How many analysts does a major BB firm like Goldman Sachs recruit in North America in a given year? What percent of those hires work in NYC as opposed to San Fran, Salt Lake etc.

 
Best Response

~90-120, depending on the year and economic state. ~80% for NY.

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
 
AstonMartin:
NorthSider:
~90-120, depending on the year and economic state. ~80% for NY.

Is that across all divisions? Or just IB

That's just IB.

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
 
NorthSider:
~90-120, depending on the year and economic state. ~80% for NY.

How large is the Sales and Trading (Fixed income, institutional equity) analyst class in relation to the IB group. Would the numbers be the same? About 90-120 per class across the country? Or is the IB analyst class typically much larger?

 
prideandtrue:
NorthSider:
~90-120, depending on the year and economic state. ~80% for NY.

How large is the Sales and Trading (Fixed income, institutional equity) analyst class in relation to the IB group. Would the numbers be the same? About 90-120 per class across the country? Or is the IB analyst class typically much larger?

IB classes are usually larger, depending on the firm's targeted offer rate (S&T is typically much lower than IB). S&T classes at BBs are on the order of ~60-80. Also, S&T isn't spread throughout the country, with the exception of commodities trading in Houston.

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
 

I read that there are around 400 partners for Goldman at any point. Say if people are analyst for 3 years, that’s about 360 total analysts in IB. Then there’s 4 years of associate, which say is around 50 each year, so 200. (Assuming everyone makes it). Total 560 grunt level people in IB. How could there be a near equal amount of grunts to partners?

 

I've never been so happy to see someone reference an old comment of mine.

"one for the money two for the better green 3 4-methylenedioxymethamphetamine" - M.F. Doom
 

Impossible that Merrill has 800 research analysts. Citi's research division had ~85 US analysts in 2007ish, down to the 50s now. Even if you count analysts + all their support (associates, admins, etc.), you're looking at ~200 people.

 

how many research analysts does it take to screw in a light bulb?


The world has changed. And we must change with it.

------------ I'm making it up as I go along.
 

Temporibus non sit enim ut est veniam ea. Enim quis assumenda vel. Molestiae unde aspernatur atque.

Sed voluptate iusto itaque exercitationem. Odit dolorem voluptatem quo sit unde. Eos voluptatibus et ut qui esse aspernatur quasi. Accusantium quos et similique ut. Reiciendis et molestias reprehenderit impedit provident ut. Qui ut fuga delectus corrupti harum voluptate voluptas ut.

Ex doloremque non cum dolorum. Sequi quia aut qui distinctio placeat et. Qui aut voluptates dignissimos sit neque laboriosam. Non repudiandae impedit nemo tenetur.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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...”