Goldman Sachs QIS Interview

Have first round coming up with GS Quantitiative Investment Strategies group within IMD. Does anyone know what kind of questions to expect? Can't find much online about this

Comments (65)

Nov 19, 2014

I am also interested. What is your background? I have a feeling they will ask about your past experiences. Also questions on quantitative portfolio management. Statistics/Probability questions

Nov 19, 2014

Most important is probably know your resume. Seems obvious, but from my experience GS interviewers like to pick out very specific items from your resume (maybe more so than interviewers at other firms? don't remember), taking specific words/concepts out of resume context if necessary. Fumbling on the basics is a pretty sure way of not moving forward.

Otherwise, if it's for anything Strat related, expect standard fare stats/probability/brainteaser problems. Reviewing Heard on the Street or something similar can usually get you past the initial rounds. Basic algorithms are also fair game even if you don't have much of a programming background (e.g. sorting). First few rounds tend to be via phone, don't expect many behavioral questions (if any) outside of the usual get to know you stuff.

Face-to-face interviews tend to follow a similar format, but aside from standard fare problems, may delve deeper into your resume. For example, you may be asked to explain a project or thesis in great detail. Easy question to ask is something regarding a particular subject within your major. For example if you studied mechanical engineering, you may be asked about Fourier transforms. Or if asked what subject you liked as a math major and you mention complex analysis, you may be asked about the consequences of complex differentiability.

Basic market knowledge and portfolio theory concepts are useful, but depending on your background you may not be asked these. By basics I mean modern portfolio theory, mean variance optimization, and CAPM. GS dudes have done a lot of work in this area, so if you're familiar with that, feel free to discuss. However, attempting to show-off and failing is possibly worse than not knowing your resume.

Good luck, if this is for a more sales related role I guess much of above may be useless.

    • 1
Nov 19, 2014

Thanks for the detailed reply. This is not exactly strats. Its more of the quantitative portfolio management role and not sales so this was definitely helpful. So I guess brainteasers, portfolio theory and resume questions might be fair game. Not too sure about the programming focus as that seems to be done more by the strats. Has anyone gone through the QIS-specific interview process?

Nov 19, 2014

Thanks for the detailed reply. This is not exactly strats. Its more of the quantitative portfolio management role and not sales so this was definitely helpful. So I guess brainteasers, portfolio theory and resume questions might be fair game. Not too sure about the programming focus as that seems to be done more by the strats. Has anyone gone through the QIS-specific interview process?

Nov 21, 2014

@quant314 Just had an interview with them today. I was expecting brainteasers and technical questions but it was completely non-technical. They just asked typical questions about your resume. Also it was a 2 on 1 interview with the two people being from different parts of QIS.

Learn More

Side-by-side comparison of top modeling training courses + exclusive discount through WSO here.

Nov 19, 2014

Oh okay thanks for letting me know! Good luck with the next steps. Is a super day next if you get through the first round?

Nov 21, 2014

I would guess so but not really sure.

Nov 21, 2014

@"quant314"

When is your interview?

Nov 19, 2014

Sometime in the next two weeks. They haven't scheduled it yet, just asked for my availability

Nov 19, 2014

Sometime in the next two weeks. They haven't scheduled it yet, just asked for my availability

Nov 21, 2014

Oh okay. Then I guess I won't be hearing back for a while since they're probably only going to have one superday.

Nov 19, 2014

Probably

Nov 19, 2014

Have you heard back?

Nov 19, 2014

Have you heard back?

Nov 21, 2014

@quant314 Yes, I did. Yesterday in fact.

Nov 19, 2014

If I may ask, did you get the superday?

Nov 21, 2014

Yes, I did though they didn't refer to it as a superday from some reason. They called it an "on-site interview day". Same thing I guess.

Nov 19, 2014

Great congrats! When is it?

Nov 21, 2014

There are two of them, 5th and 17th.

Nov 19, 2014

Okay cool. I've not heard back yet but if I do get it, it will have to be 17th

Learn More

Side-by-side comparison of top modeling training courses + exclusive discount through WSO here.

  • Anonymous Monkey
  •  Sep 19, 2015

How was the superday like?

Sep 19, 2015

Also interested. Anyone know the rough recruiting schedule for QIS specifically (through OCR)?

Sep 19, 2015

I know I haven't been contacted for anything :/

Sep 19, 2015

I think we might be out of luck, judging from the timing of previous threads:

//www.wallstreetoasis.com/forums/goldman-qis-interview

Sep 19, 2015

Did not interview with this particular group, but did interview with quant groups at a couple of other firms. The general trend was lots and lots of math. Know your probability models and conditional probability well. Depending on your education, expect algorithms (efficient ways to do things and order complexities)/programming or finance qs.

Don't know if you've seen this link, but she explains pretty well what the group does.

Sep 19, 2015

Hey. thanks for your reply. I am a sophomore technically, although I am planning to graduate early. I am a math major but really haven't taken lots of math/ stats classes. Are there any website/ studying materials that you recommend to prep for? Thanks.

Sep 19, 2015

unqwertyfied, please stop spreading false information. That woman is not related to the Quantitative Investment Strategies group. She specifically says in the video she works in Private Wealth Management and does not manage money, whereas the description for the job says that they do manage billions of dollars in hedge funds and other products.

Sep 19, 2015

Check your PM. Sent you some stuff.

Sep 19, 2015

Hi unqwertyfied, I also have the same interview coming up pretty soon. Can you suggest some preparation stuff to me as well. Thanks a lot.

Sep 19, 2015

I will have a first round phone interview with them, could you give me some advices? Thank you!

Sep 19, 2015

Hi I have the same one as well can you pm some stuff as well, thanks a lot.

Sep 19, 2015

If you haven't taken a probability class, you can get an introduction here. If you just want to review conditional probability, skip to the later part of that chapter. Depending on your level of knowledge, expect questions on distributions and maybe a proof. If you're a finance guy, expect finance questions. If you're an engineer, expect algorithms (as was in my case). brainteasers (especially mathematical ones) are common. Other than that just google 'interview math questions' and try solving them in your free time.

Also, remember I didn't actually interview with this group...this is based on a bunch of other quant interviews I had.

Sep 19, 2015

Apologize for that. She said she's quant in investment strategies for PWM, and I assumed this was the Investment Strategies being discussed here.

Sep 19, 2015

I have an interview coming up with that group as well. I have no idea what to expect and am also from a non-finance area. Are you an undergrad or MFE/PhD student?

Sep 19, 2015

For those of you who have interviewed with the group, could you share about how did the interview go? Was that more technical or more behavioral? I appreciate your advice.

Sep 19, 2015

bump

Sep 19, 2015

Id really like to know more about this group too if anyone has any info on it

Sep 19, 2015

how did your interview with this group go?

Sep 19, 2015

brainteasers, some questions about exotic options (pricing, hedging...) and probabilities. Very tough.

Sep 19, 2015
BlackSwanFlies:

brainteasers, some questions about exotic options (pricing, hedging...) and probabilities. Very tough.

All that for an SA role?

Sep 19, 2015

how the fuck do you have an interview for a SA role mid november? not to mention being questioned on exotic options pricing and hedging, probabilities, and brainteasers. wtf?

Sep 19, 2015

normal hiring rules for QIS don't really apply

    • 1
Sep 19, 2015

I've an interview coming up with this group - would love to hear more on the interviewing dynamics of the group.

Sep 19, 2015

Hey MB6200, any chance you could update us on how your interview went?

Sep 19, 2015

Is the GSAM QIS CPM a front office position? or middle office position?
Is it sales position? or quant position?

Sep 19, 2015

Would be interested in knowing, as well.

Thanks!

Sep 19, 2015

They looked at your skill set, and have a need with that position - go and talk to them.

GS alum

Sep 19, 2015

bump

Sep 19, 2015

How did the interview go - I've an interview lined up for the CPM role in the group. Would love to hear more on the interviewing dynamics as well as the group.

Sep 19, 2015

.

Sep 19, 2015

What school offers undergrad financial engineering?

"The way to make money is to buy when blood is running in the streets."

-John D. Rockefeller

Sep 19, 2015

columbia

happy to give advice; no asking for referrals please

Sep 19, 2015

I'd also like to know more about this group since I've a meeting lined up very soon.

Sep 19, 2015
Sep 19, 2015
Sep 19, 2015