My chances of getting into goldman sachs?

Let's start with the fact that I am a citizen of Russia but have a residence in Italy, which gives me the opportunity to travel freely. I had to go to a bad university (sapienza) and in a year I get my diploma in economics (I think the average will be GPA 3.7-3.8)
Since my admission, I have given much more preference and time to experience (reading a textbook once at my university is enough to pass the exam, apparently), since I was lucky that there were people who believed in me. My small portfolio grew from 20k to 70k. Also during this time I wrote two programs that, like crutches, helped me make decisions in the market (most of my trades were day-trades since I moved over 25k). Finance at the moment is my only hobby for which I am quite ready and often devote 10-15 hours a day. But I understand how many gaps there are in my knowledge. I don't see a better way for myself to get to another level than to work at goldman sachs, however, applying to the Milan office for a job, and even without a summer camp, I'm not sure of success, since my education on paper loses to a nerd without experience from Bocconi. Therefore, the thought came to me, since I speak both Spanish and English fluently, should I take a ticket and fly to London (yes, there I will compete with students from Harvard and LSE and beyond, but purely mathematically there will be less competition for one place than in Milan, where there are almost none) or Madrid (where there will be fewer places than in London, but more than in Milan and there will be no competition from prestigious universities)?
Also, the second key question for me that I did not find on the Internet, suppose they take me to Goldman in London, but will the guys from Goldman be ready to wait until I create a working residence permit? (I didn't find an answer to this question, but I'm pretty sure that at least someone on this forum had or heard of a similar experience.Also asking the recruiter on the spot would not be a very wise decision.)

Comments (47)

  • Prospect in IB-M&A
8d

You are not coming from a target school. Re-consider your career think long and hard about your decision of attending a non-target in Italy. I recommend you stick your foot in the door in commercial banking roles, and do more research into the competitive nature of IB (Especially at Goldman).

8d
over, what's your opinion? Comment below:

thk for answer.But I'm not interested at all in working in average commercial Bank, I found it useless for my knowledge.

8d
kinghamasaki, what's your opinion? Comment below:

IB/M&A is extremely competitive in Spain, the only way to break into BB banks in Madrid is if you have attended a target school in Spain (this applies to locals and foreigners) such as ICADE, IE or ESADE, or if you're a Spaniard who has attended a target school abroad.

7d
Gucci Loafers, what's your opinion? Comment below:

Milan and Madrid is extremely elitist (i.e. recruit only locals from target universities - Bocconi for Italiy and ESADE or ICADE for Spain). You're best shot is London, but again, because Sapienza is non-target, you won't be taken seriously. Consider going for the GMAT, MSF in a target or doing some internships in Big 4 (Valuation, Transaction Services, Audit, etc.).

As others pointed out, you're best shots is CB. IB cares, in order of priority: 1) School; 2) Raw intelligence. Unfortunately, you don't fit their 1). Focus on that - GMAT or MSF - and life will become easier.

7d
over, what's your opinion? Comment below:

Greetings,and thanks for answer, you look like a person who understands a lot in this area, what do you think which option would be more effective in my case?

A) Do you think is realistically possible to move from commercial baking into investment banking in a couple of years?

B) Just work this 2 years and then try for mba in some target like london school of ecnomics,and only then try to found a place in investment banking?

7d
Gucci Loafers, what's your opinion? Comment below:

I don't see why A) and B) ought to be mutually exclusive.

Work 2 years in corporate banking and then try to lateral to any IB position internally (A). If it doesn't work out, you apply to an MBA (B).

  • Managing Director in PE - Other
6d

Goldman isn't a big deal anymore, there are babson grads and other no name college grads at GS for gods sake 

6d
BusWanka, what's your opinion? Comment below:

With your attitude, school background, paired with this odd and misplaced view that you can somehow make more on your own (trading your own/ family's money?) than working at a boutique, and then throw in Russian citizenship, I would say that your chances, rounded to the nearest full percentage, are zero. But good luck friend

Array
  • 1
  • Analyst 1 in IB - Cov
6d

Why GS specifically as opposed to any other bank? And for what role / division?

6d
over, what's your opinion? Comment below:

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  • Intern in PE - LBOs
6d

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