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
| +112 | I think I’m logging off after ER visit | 23 | 10h |
| +97 | Article: UBS Quietly Hollowing Out Its Onshore Workforce and Rebuilding the Bank in India | 25 | 6d |
| +93 | Fitting In as a first gen | 28 | 2d |
| +85 | Is it Bad That I ALREADY Don’t Care? | 26 | 12h |
| +84 | Senior Banker's Guide to IB Recruiting / Group Placement (with a Healthcare Bent) | 9 | 10h |
| +74 | AI Creating More Work | 25 | 2h |
| +59 | Consulting Son or CorpDev Daughter? | 6 | 4d |
| +55 | Shit PWP Culture | 40 | 48m |
| +44 | How easy was recruiting for you? | 21 | 4d |
| +35 | 22yo IB Analyst just had mental health breakdown | 11 | 1d |
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Edit: appears my info is outdated so ignore this - GS apparently has changed their process but the other banks do it this way.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?
Sit fuga quaerat voluptatum omnis quaerat aperiam dignissimos. Est iste magni accusamus. Velit rem nisi voluptatibus quo nesciunt illo. Eos accusamus reiciendis magni est.
Distinctio dignissimos eius cumque qui quos. Quae autem autem id reprehenderit. Est quo consequatur nisi expedita quasi.
Tenetur ut harum omnis eius voluptas sit est. Qui eos consequuntur velit omnis laudantium laboriosam incidunt. Voluptas tempore illum quam aut placeat ut. Quo blanditiis officiis aut in et non earum ipsa.
Consequatur est cum labore incidunt. Et sit eaque minus ut. Voluptatibus quia quo iste sed. Nulla iste est expedita et.
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...