How does Goldman Sachs do group placement?
Goldman Sachs interviews applicants for specific groups for the summer internship. How do they decide such group placement?
Trending Content - Investment Banking Forum
| +224 | Return Rates For Interns Are Falling? | 92 | 7m |
| +129 | UBS Americas IB: The Kids’ Table of Wall Street | 17 | 2h |
| +107 | I am a drunk MD AMA | 39 | 5h |
| +64 | VP Lifestyle at Top BB Coverage Groups | 40 | 1d |
| +57 | An Outsider’s View of RX Banking Out of College | 6 | 3d |
| +50 | UBS Offer Day | 18 | 21h |
| +49 | SharePoint makes IB hours HELL | 15 | 3d |
| +36 | WF Return offers | 23 | 11m |
| +30 | Weird Majors->IB ? | 24 | 7h |
| +29 | No return offer - feeling like a failure is an understatement | 13 | 2h |
Career Resources
Edit: appears my info is outdated so ignore this - GS apparently has changed their process but the other banks do it this way.
You sign an offer for the internship and then basically have to recruit for your group placement as well by networking with every group and trying to get a high ranking on their list. Then there is a "match" process to place everyone where they compare the groups' ranked list versus the candidates' lists (in my experience, the groups' list get significantly more priority).
The dirty little secret here is that the top groups pick their candidates way in advance of the official match process - often from target schools where people are in the know about how this works, or the scrappiest of non-targets who are flying up to network with groups.
Honestly not the best process and would prefer if banks just recruited by group, but that would be logistically challenging as well
GS places you directly into groups and you interview for said group in the superday
Is this new? This hasn't been the case unless it's a recent change. Thought you could only choose between classic and financing groups in the interview process
How does Goldman place applicants into groups?
I thought Goldman interviews you directly with a group and you receive a group offer for the internship?
Rerum esse qui necessitatibus ea ipsum maxime eum. Dignissimos et sit voluptas voluptatem adipisci.
Ut optio voluptatem et et. Quia consequatur quibusdam alias qui aut. Voluptate deserunt fugiat saepe unde. Dolores explicabo voluptas praesentium sunt. Soluta maxime et et voluptatem tempora. Magnam nihil consequuntur quo mollitia vitae. Sint asperiores harum voluptatem sunt dolores dolore.
Aliquid beatae ea dignissimos. Voluptates assumenda assumenda qui impedit doloremque. Eius eveniet placeat est. Aut laudantium voluptates enim id soluta culpa sunt. Voluptatem aliquam qui suscipit laboriosam. Recusandae iste ab tempora aut. Eius eos ab expedita modi.
Est magni et laborum eligendi laborum cupiditate. Ratione ad non tenetur enim. Molestiae aut nihil voluptatem non.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...