Goldman Sachs Investment Management Interview

spacejammer's picture
Rank: Chimp | banana points 13

I have an upcoming interview with Goldman IMD. Is this mostly fit or will there be technical questions too? How in depth do I need to know the market atmosphere?

investment management goldman sachs interview process

Goldman Sachs Investment Management is an Asset Management internship. The interview are not extremely technical. The focus is more on fit. Staying up to date on financial news will also help you during interviews.
Questions for the first round interviews include:

  • What was your favorite course so far?
  • Tell me about your last internship?
  • Greatest strength/ Greatest weakness
  • Why Investment Management?
  • Questions related to past work experience (if applicable)

The process includes:

  • HireVue (all behavioral)
  • A phone interview
  • A one on one interview

The Superday which consists of two thirty minute interviews in first half of the day and then more for those who move forward.

goldman sachs imd interview questions

Here are some difficult or unexpected questions that have been asked during interviews. These were submitted by interviewees to the company database.

  • If you had $10 million to invest, how would you do it?
  • Do you think of your skill set as more qualitative or quantitative in nature?
  • Why are you interested in working at Goldman Sachs?
  • Why are you interested in working in investment management?
  • What is the measurement in degrees of the angle between the minute and hour hands of a clock at 3:45?
  • Describe a time when you had a difficult time working with others on a group project.

If you want to learn more about Goldman Sachs - check out the Wall Street Oasis Company Database.

Read More About Goldman Sachs Interviewing on WSO

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Comments (48)

Jan 18, 2015

same question haha!
I'm interviewing in HCM, but not sure how technical they will get
PM me if you wanna chat!

Jan 19, 2015

^HCM = human capital management? Shouldn't be technical at all. IMD is more based on fit yet there will be technical questions. Keep in mind unless you're interviewing for a specific group the questions will be general portfolio theory or valuation questions. At the very least be somewhat well-versed in the markets and have a few stock pitches ready to go.

Robert Clayton Dean: What is happening?
Brill: I blew up the building.
Robert Clayton Dean: Why?
Brill: Because you made a phone call.

Jan 19, 2015

Is it possible for me to switch to IB or IMD or any other revenue division if I'm able to get into HCM?

What kind of questions do you predict for HCM?

I'm truly passionate about working for GS, and kind of went along with HCM, not knowing much about it. ANY help would be greatly appreciated!

Jan 19, 2015
youngdreamer222:

Is it possible for me to switch to IB or IMD or any other revenue division if I'm able to get into HCM?

What kind of questions do you predict for HCM?

I'm truly passionate about working for GS, and kind of went along with HCM, not knowing much about it. ANY help would be greatly appreciated!

If your goal is IBD then dont apply for HCM. You'll be better served interning at another BB, EB or middle market IB than HCM.

Robert Clayton Dean: What is happening?
Brill: I blew up the building.
Robert Clayton Dean: Why?
Brill: Because you made a phone call.

Jan 19, 2015

@"goodL1fe" could you please help me understand more about the HCM division?

http://byuobhr.blogspot.com/2013/12/2014-human-cap... --> Does this website give a good overview? I'm trying to understand if HCM deals with any finance/operation related activities, or is it all recruiting/talen-acquisition based. I'm a sophomore trying to break into the finance industry (not sure of the division), so as of now, GS HCM sounds really good. Do you agree?

ANY HELP would be HIGHLY appreciated!! Thank you so much!

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Jan 19, 2015
youngdreamer222:

@goodL1fe could you please help me understand more about the HCM division?

http://byuobhr.blogspot.com/2013/12/2014-human-cap... --> Does this website give a good overview? I'm trying to understand if HCM deals with any finance/operation related activities, or is it all recruiting/talen-acquisition based. I'm a sophomore trying to break into the finance industry (not sure of the division), so as of now, GS HCM sounds really good. Do you agree?

ANY HELP would be HIGHLY appreciated!! Thank you so much!

HCM = Human Resources. As a sophomore internship isn't not bad especially with the GS name. However, I recommend you pursue other finance opportunities.

Robert Clayton Dean: What is happening?
Brill: I blew up the building.
Robert Clayton Dean: Why?
Brill: Because you made a phone call.

Jan 30, 2015

HCM is not human resources? I don't see how you can leverage your experience at HCM to IBD?

Jan 19, 2015

I had a first round IMD interview with GS. I'm a junior in college, so that matters too. The questions were as follows:

What was your favorite course so far?
Tell me about your last internship?
Greatest Strenght
Greatest Weakness
Run me through a DCF (since I had knowledge of one on my resume)
Pitch me a stock (again, since related to past internship).
Why Investment Management?

Any questions you want to ask?

Jan 20, 2015

Come on guys/gals...the quality of posters have really gone down on WSO. Do some fucking research before you post... HCM is HR, go to the GS website and read up on it.

"Human Capital Management (HCM) is responsible for attracting, developing and managing the firm's biggest asset: our people."

http://www.goldmansachs.com/careers/why-goldman-sa...

    • 1
Feb 4, 2015

which office was your interview?? i have an interview in SF just wondering if process might be the same.

Feb 4, 2015

Goldman PWM? should be pretty easy to get

Born in hell, forged from suffering, hardened by pain.

Feb 4, 2015

great opp as a sophomore, but do not ever underestimate Goldman: what started out as a PWM interview turned into a mind-numbing chain of interviews into other (and what people on this board would deem far superior) areas of the firm for me last year. Goldman is a huge fan of sticking kids into what they and you deem as the best fit, and if anything a generalist interview for a division is only the first step.

really don't worry about numbers or who you're up against: it's your 30 minutes and you're selling yourself, not anybody else. if the interest and demonstrated knowledge of technicals (PWM runs on the lighter side) then you will be fine as a sophomore

Feb 4, 2015

.

Feb 4, 2015

Were you guys all juniors when you did this? I literally have no financial experience at all (I'll show my resume if I must), so I have no idea how I'm going to sell myself. In addition, I've never have a real interview before...

Feb 4, 2015

I was a junior. Relax. Read up on everything you can in the meantime. They will skew towards asset allocation and your opinion of the market for their basic technicals.

Feb 4, 2015

Yeah, sorry I am trying but my only knowledge of finance is reading cnn money on occasion...is there anywhere in particular I can go to read up on this stuff?

Feb 4, 2015

WSJ, FT, NYT dealbook, any financial news source that's up to date. Read the Vault Guide to Investment Banking if you're interest in general finance on a macro sort of level or Vault Guide to Finance Interviews if you just want generalized info. Don't know of any solid IMD-specific sources, it's very much so fit rather than technical.

Feb 4, 2015

Just had first round, both interviews were fit-based - very focused on why IMD specifically, and if there was any asset class I was particularly interested in. I would imagine how following certain asset classes would help significantly here.

Feb 4, 2015

Can anyone give me some examples of asset classes? I have no idea what that is...

Feb 4, 2015
Cornellian11:

Can anyone give me some examples of asset classes? I have no idea what that is...

Equity, fixed income, real estate, commodities, alternatives, etc

Feb 4, 2015

I <3 interviewers that suck. I basically told him I was interested in daytrading and he said don't do that. wtf. i hate sachs :(

    • 1
Feb 4, 2015

You told him that you wanted to do daytrading? Seriously?

Feb 4, 2015
CrimsonBlaze88:

You told him that you wanted to do daytrading? Seriously?

hahah yeah...i mean honestly man you said you wanted to be a daytrader at an IM interview? i can see why someone from GSAM would tell you not to do daytrading...i assume it would be like that at basically any AM/PWM interview...

Feb 4, 2015

i went to GS IMD superday when I was a sophomore. they bring in a lot of sophomores for superday, but sophomore still have a harder chance to get a summer offer than juniors. just be yourself, the interview was nothing technical. they just want to get to know you better as a person - just be yourself

Feb 4, 2015

i went to GS IMD superday when I was a sophomore. they bring in a lot of sophomores for superday, but sophomore still have a harder chance to get a summer offer than juniors. just be yourself, the interview was nothing technical. they just want to get to know you better as a person - just be yourself

Feb 4, 2015

Hi!

I have a first round interview for GSAM Third Party Distribution next wednesday. It's in London for the position as a New Analyst. I was surprised when they told me that I already will have 4 interviews in my first round - is that normal? Does anyone know if the interviews are harder/more technical for Analysts than for interns?

Thank you!

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Feb 4, 2015

Which office and when did u apply? Still waiting for answer..

Feb 4, 2015

My friend had it...mostly fit and market questions. It is pretty good for a soph. I'm sure you can try to spin it for ib, my friend did but chose to go back to GS imd.

Feb 4, 2015

goldman Asset Management you mean? or is this totally different?

why would you want to leave IM for IBD?! lol

Feb 4, 2015

No this is more like PWM i think. You think they will ask me any technical questions? and if so what kind of questions?

Feb 4, 2015

Also interested!

How is this if you want GS IBD next year? Do a lot of laterals happen between divisions?

Feb 4, 2015

You should read through the website before making assumptions about what's housed in this group.

GSIM -> PWM, etc + GSAM
GSAM -> traditional Asset Management, alternative asset management. Some sick groups are here, some that are much rarer opportunities than BB IBD.

Feb 4, 2015

i don't think they'll place sophomores into those internal HFs though

Feb 4, 2015

Probably not but it's possible to get placed in the traditional AM. It all depends on how much you impress them with what you know.

Feb 4, 2015

had a GS PWM interview last month.. it was almost entirely fit based (i.e. talking about your resume, your strengths, why GS, etc.) didnt have any technical questions- just know the company's stock price and where the S&P is at

Feb 4, 2015

I have a GS PWM interview coming up too. Will they ask specific questions: stock pitch, recent M&A's, etc? I know they will ask these for ib interviews, but I don't know what PWM interviews will be like.

Aug 10, 2017

How did this go! I have one coming up looking for help

Feb 4, 2015

If it's a sophomore program, they will likely not expect as much in terms of technicals. That means if you do know them, make sure you show it. Expect a standard ~2 hour ~3-6 interview superday with anywhere from 1 to 3 interviewers during each session. And contact HR; they will answer questions about the event as well.

Feb 4, 2015

good luck

Feb 4, 2015

It's on Thursday. What type of technicals would they even ask for this position? Just curious.

Feb 4, 2015
Aug 11, 2017
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