GS FT 25 LONDON

Based on the most helpful WSO content, here are some insights regarding the new analyst program in IBD for Goldman Sachs (GS) in London:

1. Hiring Process and Timeline:

   • Full-time (FT) hiring is often ad hoc and can be opaque. Banks typically wait to hear back from their summer interns before making any FT hiring decisions.
   • Some banks, like Credit Suisse (CS), do not recruit any full-time analysts until after their fall analyst class finishes in late November.
   • The process can vary, with some banks conducting multiple superdays on a rolling basis, even for the same group.

2. Networking:

   • Networking is crucial. It is recommended to skip classes if possible and invest in networking trips to New York or the city you are recruiting for.
   • Line up coffee chats to fill your day, as people remember you better when they’ve met you in person.
   • Stay in touch with not just HR but also analysts within all the groups you are interested in.

3. Current Hiring Trends:

   • Some banks, such as UBS, have been conducting assessment centers (ACs) and are actively recruiting.
   • Barclays is on a bit of a hiring freeze in London and New York, so opportunities might be limited unless you apply to regional offices or less common locations like Dubai.
   • Macquarie is also undergoing the process with assessment centers planned and quick feedback to applicants.

4. General Advice:

   • Be prepared for variability in the hiring process and stay proactive in your networking efforts.
   • Keep an eye on the specific requirements and timelines for each bank, as they can differ significantly.

For more detailed and specific information, you might want to check out the relevant threads and discussions on Wall Street Oasis.

Sources: 2020 London IBD SA/FT, Q&A: Incoming IB analyst – international student, survived FT recruiting twice…, The Best IBD SA OCR, Interviews and FT Offer Conversion Posts on WSO, 2020 London IBD SA/FT, London IBD - hiring analyst(s)