2/16/11

I recently went on a job interview at GS for as a lateral hire. I was scheduled to meet with two people, one was a VP the other an associate. The interview lasted for about an hour and 15 minutes. After finishing speaking with the second person he went to see if one or two of the other people was available, but came back a few minutes later to say that they weren't free for an interview. The associate thanked be for coming in, hoped to have the other team members speak with me and then said I would hear from them shortly.

My question is how do you guys think this went based upon what I said above and how long does it usually take for them to get back to you?

Comments (50)

2/16/11

<2 hours for an SA position from what Ive heard from people at my school.

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2/16/11

I interviewed on a Tuesday, got my call on Friday

2/16/11

took a couple days longer than they originally said for me

2/17/11

anyone else have any input?

2/17/11

Anyone at the superday today heard back tonight? Longshot but worth asking.

2/18/11

Just got the offer!

2/18/11

I know Goldman has been slow to get back to me in the past

2/20/11

For a long-term internship, they told after the interview they would get back to "within 1 week". Three weeks later, nothing. Called them and got the offer in 5 minutes. I always keep thinking what if I hadn't called them, maybe I would never got the offer.
So always call, never email or wait.

But in your case, it's still quite early, wait till Wednesday then call up.

2/21/11

thanks for the input guys.

3/15/11

fast forward a few weeks. I have been on two more rounds interviews with GS, both of which I thought went well. Before the last interview I was asked to fill out a prior compensation form. At the end of the third round of interviews someone from HR came in to ask me a few questions and explain how the hiring process works.

What opinions do you guys have on this and how long might I expect to hear back from them one way or the other?

3/17/11
4/26/11

Just wanted to update, they rejected me on the following Monday. (Final Round on Tuesday, next Monday they called me around 2pm).

4/26/11

Oh, and analyst2b, I went through the same experience. I did the PC form and they told me all about the company and everything, but I didn't get an offer. Sucks. Total roller coaster of emotions.

4/26/11

about 3 weeks after my superday... unfortunately, i had already accepted an offer elsewhere. it is for the summer though.

@dantheman2011 did you ask why? it's so cruel...

In reply to user_
7/6/11
user_:

about 3 weeks after my superday... unfortunately, i had already accepted an offer elsewhere. it is for the summer though.

@dantheman2011 did you ask why? it's so cruel...

Whoops, didn't see your comment. Sorry for the late reply.

Yes, I asked why and they gave me a bunch of run-around answers. "It wasn't a right fit." "You're qualified but they felt you weren't right." etc. Nothing solid to know for sure what it was. I even had an insider friend within the same group and they didn't give me a straightforward answer.

In reply to user_
7/6/11

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7/6/11

I got a call from them today. They told me I am on hold and will give me the final decision next week.

In reply to Emma-Yang
7/6/11

Hey! I interviewed for the same department. They've put me on hold as well. I hope we hear back soon. Good luck!

In reply to Emma-Yang
7/6/11

Hey! I interviewed for the same department. They've put me on hold as well. I hope we hear back soon. Good luck!

7/6/11

anyone who ACTUALLY got an offer tho at this point?

7/6/11

Hey I had my super day Oct 30th at the Jersey City location for the Controllers division. Has anyone heard back?

In reply to HayG
7/6/11

did you get a call from GS informing you of your current status?

In reply to lptse
7/6/11

Yea.. They called me on the 11th and informed me of the on-hold status

7/6/11
7/6/11

I interviewed for a separate position in the Finance Division in late October at their 200 West office. Haven't heard a peep from them since. What do you all think about giving HR a quick call and seeing what my status is? I've had them call back within a week after final round and say that I got dinged for other positions, yet when they offered me a SA position last year it took over two weeks (granted the Christmas holiday occurred in the middle of that time period). Thoughts?

In reply to monkeys_like_bananas
7/6/11

is this for a full-time position?

In reply to lptse
7/6/11

Yeah. I called today and HCM said that they were waiting on the BU to get back to them... considering they haven't told me that I'm on-hold, it's looking like a genuine BU hold-up, or perhaps they're interviewing more candidates. Idk. I have some friends that interviewed for Finance positions at other BB's across the Street, and most are in the wait-and-see position that I am.

7/6/11

Has anyone heard back yet on the final decision with GS Internal Audit?

In reply to lptse
7/6/11
In reply to pddsa123
7/6/11

I wonder how many ppl got put "on-hold".. guess we just gotta wait...

In reply to lptse
7/6/11

i guess.. haven't heard of literally getting the offer yet.. at least for Internal Audit.. maybe there's a genuine hold up.. just stay hopeful.. good luck! i hope we make the cut

In reply to pddsa123
7/6/11

yea hopefully hopefully! let's all stay positive.

7/6/11

Still did not hear back..I will call them tomorrow...

In reply to Emma-Yang
7/6/11

What did they say? They said they'd follow up early next week.....

In reply to lptse
7/6/11

I try to call them for 5-6 times, but no one answered it. So, I left voice messages for both HR. Hope they will contact me soon. Did you receive a call from them and they told you will follow up early next week?? I think the chance to get an offer is pretty low though.

In reply to Emma-Yang
7/6/11

Oh yea same here they didn't pick up the calls so I emailed them and they replied me by saying that. I think the chance is pretty low too tbh.

7/6/11

Thanks for the update, you guys! Let's all post here if we hear something by the end of next week.

Good luck and have a great thanksgiving break!

7/6/11

I'm interviewing with other division, and they also delay for several weeks. don't know will they release status if you have other offer deadlines coming soon.

In reply to tiantian
7/6/11

Are you interviewing with the Internal Audit Department though? And is it for full-time position?

In reply to lptse
7/6/11

I still did not get their reply and I signed the other company's offer already.
Gook Luck everyone!

7/6/11

Within a week. Usually 2 business days.

"I do not think that there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature."

In reply to Ambani
7/6/11

Thanks.. its been about 4 days. On the careers website, my application status still says "interview." Do you think I am still in process? I know they were conducting a couple of more interviews after mine. But still no contact from recruiters.

Also, if you are rejected after a phone interview will you receive a call / email? Do you know the timeframe? Thanks.

7/6/11

You get a phone call if you get rejected in the in-person round, not necessarily for the phone round.

Talking about your case, it sounds like you need to start looking for something else.

"I do not think that there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature."

In reply to Ambani
7/6/11

This is the second time I have interacted with their HR department over the past several years and they are such a joke.

They dont return messages, they never tell you the status of your application, they put you on indefinite holds and they dont provide feedback. Its now been well over a week with no contact and I don't expect to receive a response in the future.

Not only that - but they reached out to me for this position and not vice-versa. WTF is that? "Please come interview with us and then we'll get back to you - if we feel like it?" Completely unprofessional.

I am currently a buy-side analyst at a rival BB firm and I vow never to throw GSAM a shred of business when I make PM. Everyone talks about the great GS "culture" is but lets be real - they are a bunch of money grubbing bottom feeders who think their sh*t dont stink. Half of their HR department is literally outsourced to ADP and still operates under this mindset. Our firm would never treat candidates in this manner.

I know from experience as 1) I have gone through the recruiting process myself 2) regularly interview candidates to work our firm.

People need to expose their dirty tactics - more people should speak out about their negative experiences with GS recruiters AND if you're in an investment role - STOP giving these clowns business.

I feel bad for the undergrad kids who have to deal with these people and aren't lucky enough to have a solid fall-back plan.

Seriously... speak out and share your experiences with WSO community. And if you work at GS, I'd love to hear your thoughts on why you treat candidates with such disregard - especially when they are your potential future clients.

In reply to MFwallStreet
7/6/11

Sorry to hear about your experience w/GS. Have to say that my interactions with them have been pretty similar. They contacted me a few years back for a role and had me jump thru the hoops. I had at least 7 separate interviews and had to take a day off of work during earnings season to get down to the Water street office (FiDi is inconvenient).

They never had the common decency to get back to me. Yes, I am aware that its commonplace for financial firms not to respond instead of providing rejections letters but generally not in the latest stage of a final round interview after being in close contact with the candidate throughout the entire process.

I cannot speak for their undergrad recruiting efforts.

They treat the clients in the same fashion. RE: Shorting the same subprime mortgage crap they sold to clients
http://www.bloomberg.com/bw/articles/2013-09-12/ho...

Another GS story, my uncle owns a large private auto glass company. A well-known partner at GS called in 90's saying he had an M&A proposal and flew my uncle to NYC on a private jet to talk about the terms. When my uncle arrived w/his lawyer to the office, the partner instead discussed opportunities to "raise capital" through additional debt. Whatever M&A offer may or may not have existed was no longer available when my uncle arrived and instead the senior partner suggested that GS underwrite his debt. When my uncle scoffed at the bait-and-switch the partner kicked him out of his office hah. Literally no respect for current or potential clients and I think its firmwide mentality.

Good luck w/the job hunt!

7/6/11

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