Goldman Sachs Waitlist Chances
"Goldman Sachs Superday Follow Up
Thank you for participating in our 2023 IBD AFG NY Summer Analyst superday last week. We enjoyed our conversation with you but at this time do not have a final update regarding your candidacy.
We hope to have an update for you in the coming weeks and ask that you please let us know of any timelines or deadlines that we should be aware of as it relates to your candidacy with Goldman Sachs.
Please note that this message only applies to the role listed above, and if you have any questions, feel free to reach out to (blank). You will receive separate communications about any additional applications still under consideration.
Thanks again for your time, patience and interest.
Best Regards,
IBD Campus Recruiting Team"
Goldman Sachs would have a cryptic waitlist email...
Del
Actually curious about how the waitlist works. Do they have a fixed ranking/ order for every candidate and they go down the list? How would they decide who gets off the waitlist first
yes they do. post SDs, the team will decide on ranking with top offered first. If they decline and a spot becomes avail, the next in the ranking will be offered, and so on.
i know some banks use weird criteria to deal with tiebreakers in ranking such as prioritizing those with competing offers (for practical purpose + shows that candidate is very competitive)
But how would that work across multiple superdays? Do they quantify the score so it becomes somewhat comparable?
It means they’re still interested but figuring things out (pending offers to others, head count, budget, etc). I wouldn’t lose sleep, that email is a good sign, if it was a straight up NO, they’d say so and not send that. Getting my job at GS I was “waitlisted” 3 weeks while the team figured out availability and all that, then got my offer.
Immediately get into contact with anyone you were networking with at the firm. Chances are they will try to help you if they can, and that could be the thing that pushes you over the edge. I was waitlisted for my SA at a BB and I firmly believe I got the job that way.
Pm’d u
Don’t go where you’re not wanted. If you have an EB or MS/JPM offer, consider those.
From my experience, if you tell them you have some exploding offers that expire in a week, they will give a decision quicker. In most cases, I’ve seen that telling firms this increases your chances of getting an offer since other firms want you as well and it makes you seem more of an attractive option. May or may not work, but it has worked for me.
But don’t they ask you to send the offer?? You can’t just say hey I have an exploding offer
I accelerated a process this year with an offer I received and in my experience, they didn't ask to see it. As long as you're confident and competent, you could probably get away with it. However, if you bombed the interview then claim to have an offer from GS TMT a week later, it probably won't work.
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