Comments (49)

Mar 14, 2010

That's a good question. I like to know that for GS and the other big banks as well.

Mar 15, 2010

Unlike most other banks, GS doesn't recruit for specific divisions. For example, you can apply through your school OCR to GS IBD and they can decide to put you into Sales. Or maybe you've won programming contests and they want to put you into IT. whatever. At top schools GS will interview for "Goldman Sachs Firmwide Recruiting" this usually means front-office positions. For lower schools they might interview for "Goldman Sachs Operations".

So just go to the best school you can get into. And be realistic- don't pin your dreams to something arbitrarily specific like GS SSG.

Mar 15, 2010

Untrue. At my target school, Goldman recruited for their "Securities investing division" which includes SSG, GSPS, etc.

Mar 15, 2010

Huet, do you go to Wharton ?

Mar 15, 2010

nope

Mar 15, 2010

SSG rarely recruits out of undergrad and when it does, it centers on very few core schools. The securities investing internship opportunity HuetFan mentioned just appeared this year on my school's recruiting system, so it seems that this program may be relatively new.

If you have your heart set on S&T, I agree that it's much more realistic to strive for an analyst role in the securities division and then let the chips fall where they may.

Mar 15, 2010

most other banks on the street also do distressed trading if that's the field you're interested in, not as prestigious as SSG but great learning opportunities nevertheless

Mar 15, 2010

I really couldn't care less about S&T. I just want GS SSG, the pay, and the prestige.

    • 1
Mar 15, 2010
Secret Service:

I really couldn't care less about S&T. I just want GS SSG, the pay, and the prestige.

What a toolish thing to say.

Mar 15, 2010

I can confirm Huet's comment on Securities being a separate job posting. They had a separate deadline, and on the online app (you need to fill this out for OCR also) it was listed as off-cycle recruiting (or something to that effect).

Mar 15, 2010

There's a lot of wrong information in this thread. Top targets get divisional interviews, usually up to 10 divisions (equities and FICC recruit seperately, etc.). Securities investing (SSG, PS, High Yield, etc.) also recruit actively at schools such as British Columbia, so the target list is actually pretty extensive. It's also not as new as people think and they do recruit every year.

Mar 15, 2010

^ I know. But I just really don't give a shit and feels more than free to be a tool on an internet forum.

Mar 15, 2010

If anything you along with every1 on this forum know very well that you're all in this either for prestige or money. Who's in this for bitch work? Let me remind you of the numerous prestige and money threads along with the recent Princeton article. So don't even try to criticize me.

I'm actually less of a tool cuz I said wat u hypocrite was thinking.

Mar 15, 2010
Secret Service:

If anything you along with every1 on this forum know very well that you're all in this either for prestige or money. Who's in this for bitch work? Let me remind you of the numerous prestige and money threads along with the recent Princeton article. So don't even try to criticize me.

I'm actually less of a tool cuz I said wat u hypocrite was thinking.

Bro, why so hurt?

Mar 15, 2010
Secret Service:

If anything you along with every1 on this forum know very well that you're all in this either for prestige or money. Who's in this for bitch work? Let me remind you of the numerous prestige and money threads along with the recent Princeton article. So don't even try to criticize me.

I'm actually less of a tool cuz I said wat u hypocrite was thinking.

No, you're a tool for essentially saying "Fuck GS S&T, that's not good enough for me. I only want SSG." That's why you're a tool.

Mar 15, 2010
brisbane:
Secret Service:

If anything you along with every1 on this forum know very well that you're all in this either for prestige or money. Who's in this for bitch work? Let me remind you of the numerous prestige and money threads along with the recent Princeton article. So don't even try to criticize me.

I'm actually less of a tool cuz I said wat u hypocrite was thinking.

No, you're a tool for essentially saying "Fuck GS S&T, that's not good enough for me. I only want SSG." That's why you're a tool.

I think you need to go back to school to brush up your logic.

Don't ppl on this forum think "Fuck F500 Finance, that's not good enough for me. I only Want IBD/S&T/MC, etc"? Ever had that thought Brisbane? Replacing F500 with GS S&T means I just have higher standards.

Your inability to see this shows that you prbly go to a lower school than I do and if you already graduated, I'd suggest you go back to school to learn how to think. I think it will serve you better in the long run.

This will be the last post of me wasting time with some uneducated tool who worships GS S&T but couldn't use simple logic.

Now let's get back to the original discussion on GS SSG.

Mar 15, 2010

Not hurt at all. Just wanted to set brisbane straight.

Mar 15, 2010

Anyways, so GS SSG recruits at

  1. Harvard
  2. Wharton

What about Yale, Princeton, Penn CAS, Dartmouth, Cornell?

May 18, 2010

this is funny.

Mar 15, 2010

^ Wat school do u attend?

Mar 15, 2010

Secret service

Do you have any connection within Goldman SSG unit? Is your family worth few hundred million dollars? If not then do not waste your time about SSG. For undergrad students, SSG only recruits either kids who have family connections or kids who are born to parents who have way more than say few hundred million dollar. And the name of College is not that paramount as they have recruited at U Michigan also.

Mar 15, 2010
wmonkey:

For undergrad students, SSG only recruits either kids who have family connections or kids who are born to parents who have way more than say few hundred million dollar.

This is a gross exaggeration. I know two people going to SSG next year -- one has a connection to Blankfein, but the other is just a normal kid.

Mar 15, 2010

If you are looking for students who were recruited for SA position for SSG, you can Google them and will know a certain type of family connection and $$$$$$$$$$$ relationships.

Mar 15, 2010

wmonkey, I know there's a UMich kid who got into SSG. I know him actually. I don't think his family's net worth is few hundred million. Correct me if I'm wrong.

Mar 15, 2010

GS S&T might be good for someone who didn't have baller internships till junior yr. For a Harvard guy who had baller internships, I don't think it's hard to get.

Mar 15, 2010

One kid's dad runs a hedge fund - net worth $1 billion; other kid dad runs Moelis Company and his net worth much more few hundred millions; third kid (harvard - wink wink) uncle is vice chairperson of other MM firm.

Mar 15, 2010

they're not the only hires. The Umich kid is not from any high profile family for example. These may be the cream of the GS SSG hires. I'm sure there are ones from humble background like the UMich kid.

Mar 15, 2010

U Michigan Chinese kid is much more connected than you know. The family connections back in china are very profitable to get what Goldman wants to achieve in China. Goldman will earn excessively $$$$$$$$$$$$$$$ while doing business in China.

Mar 15, 2010

Oh really? What types of connections?

Mar 15, 2010

Goldman SSG do not give anyone break unless it sees a very profitable return on investment. That is why it is a great place to work. Goldman in general run the business on this very profitable model and outsmarts every competitor.

If you get an opportunity to work in SSG, run with it.

Mar 15, 2010

that doesn't answer my question.

Mar 15, 2010

You want to get into SSG then work hard to dig the info :)

Mar 15, 2010

BRISBANE is fucking butthurt because he works at some shit bank toronto dominion - shut the fuck up. you're the tool on here - your affirmative action ass went to wharton and couldn't even land a job at a legit bank hahahahahahahaha

Mar 15, 2010

$5 Million from Alumni Julie and Ken Moelis to Support Wharton Sports Business Initiative

The Wharton School of the University of Pennsylvania announced a $5 million gift from alumni Julie Taffet Moelis and Kenneth D. Moelis to the Wharton Sports Business Initiative (WSBI). Wharton School Dean Thomas S. Robertson formally announced the gift on February 25 at the NFL Business Management and Entrepreneurial Program, a joint venture between the Wharton Sports Business Initiative and Wharton Executive Education that assists NFL players in preparing for their post-playing careers.

The gift will provide both term and endowed funding that will have an immediate and lasting impact on the WSBI program and the School.

Led by Wharton Professor Kenneth Shropshire, the WSBI is a collaboration among top business leaders, Wharton faculty and students, that generates and disseminates knowledge about the sports industry through educational programs, strategic corporate partnerships, high-level student consulting assignments, global outreach and research.

The Moelis' commitment is one of the largest contributions ever given to support research on the business of sports. "We are deeply grateful for this outstanding gift from Julie and Ken Moelis," said Dean Robertson. "It is a testament not only to a proud tradition of alumni leadership at Wharton, but also to the importance of supporting emerging research in such areas as sports business."

Dr. Shropshire, David W. Hauck Professor and director of the Wharton Sports Business Initiative, said, "Through their gift, the Moelis family will help us to take our research to the next level, which will enhance the School's position as a global thought leader in this field."

The Moelis family has a strong legacy at Wharton through both their leadership and philanthropy. Julie Moelis graduated from Wharton's undergraduate program in 1981. Ken Moelis is a 1981 Wharton alumnus; he received both undergraduate and MBA degrees. He serves on the School's Board of Overseers and is chief executive officer of Moelis & Company, an investment bank he founded in July 2007. His father, Herb, and two siblings, Ron and Cindy, also graduated from Wharton. Currently, the couple's eldest sons, Jordan and Cory, attend the School. In 2002, Julie and Ken Moelis made a substantial contribution to support the construction of Jon M. Huntsman Hall. More recently, they established an endowed scholarship for Wharton undergraduates.

Mr. Moelis said, "We were inspired to make a commitment to the Wharton Sports Business Initiative because it is a priority in the Campaign for Wharton and consequently for the future of the School. For us, philanthropy is very much a family affair, and we all agree that the sports industry is an important and emerging field of study in business education and research."

http://www.upenn.edu/almanac/volumes/v54/n24/moeli...
Google is your freind.

Mar 15, 2010

A friend of mine is a recruiter at GS.

Goldman has about 20 schools on its "target" list, but these schools vary by group. She told me that my alma mater (LAC) is not on the IBD target list, but it is on the S&T target list. It seems that if your school has a significant and successful alumni contingent at Goldman, you're likely to be on it.

This doesn't necessarily mean that they will actively recruit on campus, but students at those schools are given priority over complete non-targets, and you stand a substantially better chance at landing an interview coming from a target.

Are you a CEO, CFO or other executive facing these or similar charges?
Why should you go to jail for a crime someone else noticed?

Mar 15, 2010

I'm done with this site.

Mar 15, 2010

What is the pay like in GS SSG for a kid out of undergrad?

Mar 16, 2010

seamlessftw:

This is a gross exaggeration. I know two people going to SSG next year -- one has a connection to Blankfein, but the other is just a normal kid.

SSG does take kids who are excpetionally bright but they are very few.

As I see based on my first hand knowledge of people working in SSG, I notice very few kids who made it through because they were exceptionally bright. Majority of undergrad who got in were due to connections or money. Look the record of last 5 years recruits, and you will see my point of view.

Of course, the undergrads that got in because of connections and/or money are not dumb; they are pretty well informed and financially savvy kids. However, they are not the financial wizards that Goldman tries to project.

Mar 16, 2010
wmonkey:

seamlessftw:

This is a gross exaggeration. I know two people going to SSG next year -- one has a connection to Blankfein, but the other is just a normal kid.

SSG does take kids who are excpetionally bright but they are very few.

As I see based on my first hand knowledge of people working in SSG, I notice very few kids who made it through because they were exceptionally bright. Majority of undergrad who got in were due to connections or money. Look the record of last 5 years recruits, and you will see my point of view.

Of course, the undergrads that got in because of connections and/or money are not dumb; they are pretty well informed and financially savvy kids. However, they are not the financial wizards that Goldman tries to project.

What I don't get is, how the FUCK do you know EVERY single person GS SSG recruited, including their background? I think you only read a few on WSJ (of course the ppl mentioned there are sons/nephews of billionaires) and made a generalization. Unless u can prove me wrong by list all the recruits. And, the chinese guy from UMich don't have net worth of hundreds of millions/billionaires.

Mar 16, 2010

So you interned at

Secret Service:

BB PWM, boutique ibanking, and boutique private equity

My friend, that is not baller. You, sir, are a tool.

Mar 16, 2010

Yes, I'm a tool. I'm proud of it bitch.
FYI, I did these BEFORE my sophomore year when other kids work in lowly F500 finance division or some restaurant.

Mar 17, 2010
Secret Service:

Yes, I'm a tool. I'm proud of it bitch.
FYI, I did these BEFORE my sophomore year when other kids work in lowly F500 finance division or some restaurant.

So you got coffee at a boutique? CONGRATULATIONS.

Mar 16, 2010
Comment
Mar 17, 2010
Mar 25, 2010