How does GS group placement / TMT placement work?

Based on the most helpful WSO content, here's what you need to know about GS group placement and TMT placement for summer analysts:

1. Generalist Offers and Placement Process:

   • Offers at Goldman Sachs are not fully generalist. While some regional offices may hire directly into specific groups, the accelerated recruiting process for summer analysts often focuses on filling the overall analyst class first. Specific group placement typically happens later in the process.

2. Networking and Group Preferences:

   • There isn't a formal group preference or selection process during the initial stages. Instead, networking plays a significant role. Students often connect directly with specific teams, such as TMT, to express interest and build relationships. Informational interviews and networking with team members can significantly influence placement.

3. Recruiting Pipelines:

   • Established school and recruiting pipelines can make certain placements more likely. For example, candidates from target schools or those with strong alumni networks in specific groups may have an advantage in securing their desired placement.

4. TMT Placement:

   • TMT (Technology, Media, and Telecommunications) is one of the most sought-after groups at GS. While the exact number of analysts placed in NY TMT each summer isn't specified in the context, it's worth noting that competition for this group is intense. Networking and demonstrating a strong interest in the sector are crucial for increasing your chances.

If you're aiming for TMT, focus on networking with team members, showcasing your passion for the sector, and leveraging any school or alumni connections to stand out during the placement process.

Sources: Best Investment Banks, JPM SA/FT IBD GROUPS and Analyst Program, Group Placement for SA 2022, Goldman Sachs Investment Banking Summer Analyst Hirevue Overview, Criteria for Choosing Summer Analysts after Superday