Goldman Sachs Early Careers

Hello, I'm a second year IB analyst at a middle market shop, and I am looking to lateral to a bigger bank. I spoke to a recruiter at GS and they suggested applying through the Early Careers program. I just got an email regarding a Hirevue due by Sunday. 

A couple of questions: 

Does the Early Careers program actually feed into full-time roles, or is it more just to keep a repository of potential candidates for other roles? How is it differentiated from traditional IB recruiting? Does anyone have experience with it?

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