GS Investment Research Interview

Guys, hello!

I was lucky to land an interview with GS for Research Internship role.
(btw, did my "networking" via Linkedin).

I would appreciate any advice on what exactly I need to know and what topics I should concentrate on. They said it would last for 2 hours, but did not specify what exactly I should expect.

As it's one in 1000 chance, I'd appreciate any thoughtful advice and comments! I have only 1 day for preparation. Of course, I did my research in glassdoor, but I would love to hear from you here, too.

Thank you!!

 

Congratulations on that. Maybe share your networking techniques to help others?

From my experience with research interviews - the basics, story, why research, why GS Have a strong pitch and always stay up to date with markets - especially for the industry group that you're interviewing for. I think one of the biggest things for research is passion. Even if they don't agree on the pitch, defend your views as long as they are logical and make sure to show that you are passionate about research and the markets.

Review over the responsibilities and what the internship will entail and make sure that you are prepared to demonstrate you can fulfill that role. Good luck.

 

Dreamgazing, thanks for getting back! I'm very much into research, indeed. Will try to show that. Found couple of useful valuation materials on the industry. Need to wear confident face.

Anyways, nothing outstanding on networking techniques. There was off-cycle internship at GS few months ago, I applied and they never got back. I found VP on Linkedin from the division and contacted the person asking for some tips, advice etc as I'm very much into it etc. Never got anything back. In 2 months time, another internship came up and I decided to try to contact VP again and asked to have a look at my CV if the person or anyone from the team is interested. VP said: cool send me over your CV. Had a look and next day got a call for interview. That's it.

 
Best Response

Couple things:

1) You need to nail the basics: why research, why goldman, why now. You should be open to working in any group, but you need to express a serious, dedicated interest in investing and ER.

2) Know your technicals like the CAPM, how to calculate FCF, and be capable of handling basic questions about the financial statements. 'what is an example of a non-cash expense?' 'on what financial statement does capex appear?' 'what is gross margin' etc

3) Be able to pitch a stock. In two minutes or so you should be able to convince your interviewer this stock is worth buying. Might want to have two long ideas and one short idea just in case.

Good luck.

 

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