I didn't see any one mentioning the Goldman Sachs VIP 2017 yet so I will do the honor and start a thread for it. From my understanding, VIP 2016 and the program in the years preceding it had a three stage vetting system:
1.) Phone Interview
2.) Phone Interview with a VP or MD
The division and offices I applied to are:
NYC- Investment Banking
San Francisco and Chicago- Investment Management
Unlike the program in the previous years, I have just received my first interview invite but on HireVue instead of a phone interview. Basically, I have to record my answers to the two questions provided to me in the interview invitation.
I hope there are more individuals on WSO who have applied to this program so we can share our experiences!