Are the tasks given to Summer Analysts difficult?

Hi Guys,

I have huge respect regarding my upcoming summer internship with GS and wanted to ask how hard the tasks are which are given to the Summer Analysts? Do the task involve a lot of modeling knowledge?

Comments (21)

Funniest
Feb 20, 2019

not so subtle flex

    • 31
Feb 20, 2019

I am dead serious about this question

    • 2
Feb 20, 2019

Nothing about IB is hard at the analyst level, let alone summer analyst. Show up on time, listen and take notes, be available at all times, and don't fuck up what you're given.

    • 1
Feb 20, 2019

Bruv you're gonna be taking notes, formatting pages, updating trackers and aligning logos. Your ATD is going to be tested, that's about it. You won't be touching the operating model, maybe a top 10 customers analysis or something like that

Feb 20, 2019

What's "ATD?"

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Feb 20, 2019

Attention to detail I'm guessing...

    • 1
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Feb 20, 2019

You might get to make a working group list.

Feb 21, 2019

You will not be given anything they think you won't be able to handle. They're not going to f*** up a pitch or deal because of an intern

"If you ain't first, you're last!" - GOAT

Feb 21, 2019

Weird flex but ok

Feb 26, 2019

I hope you like a arranging logos.

Feb 26, 2019

You'll definitely be the oldest summer analyst.

    • 2
Feb 26, 2019

You should petition GS for the rep of doing a PIB by hand - it's a core SA experience that you don't want to miss.

Feb 26, 2019

No

Feb 26, 2019

I don't know why everyone is so sure you won't have to do a model. I've seen summer analysts work on models often enough. Someone else owns it but nothing wrong with asking a summer to take a first shot, especially if it's a simpler model for a pitch.

That's not to say it won't be mostly BS grunt work, arranging logos etc. But I wouldn't go into a summer having no idea how to do a model.

Feb 26, 2019

Yeah, at MMs and EBs with leaner deal teams I feel like it is higher likelihood than at BBs. As an SA at a MM, I did have the opportunity to work on a pitch model but my group also ran super super lean (8 people total).

Feb 26, 2019

8 people on a pitch? I came from an EB but this is probably double what our deal teams were, whereas pitches were three / four tops.

Feb 26, 2019

My SA experience involved us attempting the same model the analyst was doing, but it was just for an educational experience, not part of the live deal.

Feb 26, 2019

Fair enough, and I've heard of that happening frequently. That said, I would be wary of any 'educational' experiences for analysts this summer. Job market has tightened up a bit and these exercises could be used to evaluate people.

Not trying to scare anyone. But IMHO with summer more than 3 months away, anyone trying to bank on not needing to do a model is crazy. Take a weekend course, practice a few times, you're good. Even if you don't need it this summer, you'll need it later and the knowledge will stick. It's zero wasted time.