New Goldman Recruiting Process

Has anyone applied to Goldman yet and heard back about the video interview yet? Any insight is appreciated.

8/12/16 Update -- gathered form the comments here's what we presume to know so far:

  • These interviews are currently being given to students applying for 2017 summer internships. It seems many of these candidates applied in July
  • It is not a real-time interview, it's a recording using HireVue, so they'll show you a series of questions on the screen and you'll have a limited amount of time to record each answer
  • The application portal says the deadline is December 4, 2016, though some of the candidates that have done these already are diversity applicants (who have an earlier deadline)
  • Invites were sent this past week to non-diversity candidates as well
  • These video interviews are 15 minutes long. You have 30 seconds to view the question and then 3 minutes to respond by simply recording your answer
  • HireVue is the software being used. JPM is also using this software for interviews

Comments (87)

Aug 4, 2016

I applied pretty early on, but so far I haven't heard anything from them yet.

Aug 11, 2016

Was invited to the video interview this morning (summer analyst)

Aug 10, 2016

How long ago did you apply? And is it a real time skype interview or recording?

Aug 10, 2016

I applied on July 16. It's a recording using HireVue, so they'll show you a series of questions on the screen and you'll have a limited amount of time to record each answer.

Aug 11, 2016

delete

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Aug 11, 2016

Don't think that's true. From what I've heard Goldman actually gives non-targets more looks than most other BBs. Based on personal experience that was true as well, got interviews at 2 different offices when I was doing SA recruiting.

Edit: All for GS IBD

    • 4
Aug 10, 2016

Can confirm. A couple of my buddies got interviews for BO without having ANY finance experience or top tier school.

    • 1
Aug 11, 2016

delete

    • 3
Aug 10, 2016

I'm quite new to this process so any insight would be appreciated.

The application portal says the deadline is 4 December, but does the fact that first round (video) interview invites are being handed out mean that it's more or less too late to apply?

Aug 11, 2016

Earlier the better but general rule of thumb is that IB, AM, S&T, and ER are the first to finish recruit. BO could be done as late as january, if not later.

    • 1
Aug 10, 2016

Other banks like JPM also started using HireVue this year

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Best Response
Aug 11, 2016

So if I'll get an invite to that virtual interview, can I put "Incoming interview candidate at Goldman Sachs" to my linked in profile?

On a serious note I would assume this is done to speed up the process and I would assume no one will listen to all the interviews. Thus, they are using ML algo that will iterate through all the recordings looking for keywords and then select a handfull of recording for a recruiter to hear. So, I would advise to use keywords that would make you sound like a true BSD and if you need to know the keywords read this: http://www.leveragedsellout.com/2007/04/only-87-tool/

You killed the Greece spread goes up, spread goes down, from Wall Street they all play like a freak, Goldman Sachs 'o beat.

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Aug 11, 2016

You're a fool if you think that literally nobody in FO at GS is from a nontarget. The main reason they are doing this is to recruit kids from nontargets and to reduce the bias that is created from a kid and his interviewer both going to Harvard.

Aug 11, 2016

a quick LinkedIn search will show numerous people in FO roles at GS from schools such as Penn State, Georgetown, Notre Dame, and U of California - Berkeley , obviously very good schools , but not Harvard, Penn, or Princeton , I think this bias is dwindling down year after year, schools like Boston College and the like seem to be doing very well lately in placing grads in IBD

Aug 11, 2016

I definitely see the bias eroding but having a massive pool of alumni and GS coming to your school helps a ton.

Aug 11, 2016

absolutely it does, it just seems to be more open now, as an Associate from HL told me over the phone just last week " This isn't 1987 , all of the young prospective bankers need to drop the Wharton or bust mentality" while it absolutely helps going to a top 5 people are obviously making it happen from other backgrounds.

Aug 11, 2016

Any non-diversity candidates hear back? Alumni said I would hear this week and haven't

Aug 11, 2016

bump

Aug 11, 2016

I did my first skype interview a couple months ago and it felt really unusual. Not a fan. My interview was not with GS. I have been out of college for four years.

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Aug 11, 2016

Is this for summer or full-time recruiting?

Aug 11, 2016

Summer analyst though maybe they will do this kind of interview for FT hires too?

Aug 11, 2016

So this is for the Summer 2017 Internship ?

Aug 11, 2016

for FT: what's the etiquette on emailing a recruiter directly if you recruited there through superday but didn't get a summer offer? Are they less likely to look at you you again since you didn't make it the first time?

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Aug 11, 2016

Anything replies to non-diversity candidates who applied early?

Aug 11, 2016

Non-Diversity, got a digital invite two days ago

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Aug 11, 2016

how much did you network? because of this new process, i heard that networking isn't that effective? just stating what i've heard

Aug 12, 2016

My interview is for full time

Aug 12, 2016

You think other BB's gonna start hiring this way too in the future? Or maybe some do that already I'm not aware of.

Aug 12, 2016

any info about Morgan Stanley? Do they do (going to do) this too?

Aug 12, 2016

from people who competed the video interview, were the questions mostly behavioral or technical?

Aug 12, 2016

Just got word that recruiting will most likely wrap up in November or earlier. Could be for the divisions I'm interested in though (IBD and AM).

Aug 13, 2016

Perspective from the flip side (im a consultant in talent aq): GS gets so many applicants that they need to automate processes. If you actually make it to this phase it doesn't matter. The best way to get a job at GS is to know somebody that's hiring. No different than any other place.

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Aug 14, 2016

As far as you know, are they going to do this also for full time interviews? (speaking of London vacancy in Securities)

Aug 14, 2016

So is it 2 or 3 minutes per question? Their intro video says two questions. Also, apparently there are text questions?

Aug 15, 2016

can anybody who has gone thru these video interviews give a few questions that were asked?

Aug 16, 2016

any feedback?

Aug 22, 2016

delete

Aug 21, 2016

Overall this is yet another example of Goldman making the recruiting process trash as fuck in an effort to look more "standardized". I didn't know jack shit technicals-wise and had barely started networking deep into my junior fall and ended up more than competent as an analyst. This kind of shit is going to make people like me extinct, at least at the BBs, in the future.

Goldman's itchy trigger finger regarding hiring their entire SA class damn near an entire year early pretty much ended the utility of formal OCR at my school. What remained was this hodgepodge of incomplete and shoddy information from HR and alums at various banks partly because no one knew what the fuck was going on because banks didn't know when offers exploded/what processes were going/how quickly they were proceeding. This "secure the class early" mindset somewhat makes sense at the buyside because of the recruiting pool being mostly all at banks, a pretty homogenous applicant base, tradition, lean teams, etc. For banking it makes no sense. Recruiting during sophomore summer (!) means wiping out a ton of kids who could have decided on finance late, haven't done the usual case competition/investing clubs in depth yet, are working outside of finance, or otherwise haven't focused on finance in the four semesters of school under their belt (two for transfers!). If anything else, it seems like a great way to miss out on potential good banking talent.

This whole video thing similarly misses the mark. Yes, there's less "judging" of fit in person that may unnecessarily skew towards a certain applicant, but IMO the loss of not being able to ask follow-ups, pursue interesting "leads" when it comes to people's experiences, or even to judge their technical knowledge in depth is more significant. The system seems designed to reward people who can offer the "best" canned responses to formulaic-ass questions. Then again, GS/JPM aren't exactly known for being shy in their embrace of hardos and mouth-breathers.

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Aug 22, 2016

Does anyone know when we should be hearing back?

Aug 22, 2016

The only thing I took from this post is that HireVue is gaining a major foothold. It's a great company and a great platform. I'm glad to hear that both JPM and GS are using them. And no, I have no affiliation with HireVue, I just know a few people higher up in the ladder who work for them and I'm genuinely glad to hear that the company is doing great.

Aug 23, 2016

So what impact does this have on campus visits? The official deadline is in December, but GS is coming September/October for an info session. Does it make sense to wait until their visit, or is it better to apply now?

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Aug 23, 2016

Exactly what I was wondering! I feel like shit missing the July deadline even though I knew about it. -.- But the whole automated system sucks anyway so whatever.

Aug 24, 2016

Ask HCM

Sep 3, 2016

Does anyone who has done an interview already know any of the questions asked? Have to complete one by the 8th so any perspective would be appreciated.

Sep 3, 2016

How long after the application did you get a first round? Someone in the SA recruiting forum posted a list of some of the question he got asked!

Sep 3, 2016

About a month maybe 3 and a half weeks...can you drop the link down in here

Sep 9, 2016

bump

Sep 10, 2016

Does everyone that applies get invited to the video interview i.e is it automatic or is it only after reviewing your online app?

Sep 10, 2016

no, not all applicants received an invite to the video interview. did you get one? if so, how long was it after you submitted an application?

Sep 16, 2016

Interested in this as well.

Sep 10, 2016

What is the entire application process for the IBD summer analyst position? (Preferably in London but if you only know US that would be helpful too).

I assume it is online application -> if successful invite to video interview -> if successful invite to assessment day which consists of 2 or 3 interviews -> offer/rejection?

Sep 16, 2016
Grylls:

What is the entire application process for the IBD summer analyst position? (Preferably in London but if you only know US that would be helpful too).

I assume it is online application -> if successful invite to video interview -> if successful invite to assessment day which consists of 2 or 3 interviews -> offer/rejection?

I just received my Superday offer ~2 weeks after submitting my Hirevue. Seems like the process is Apply -> Hirevue -> superday. This is for securities.

Sep 18, 2016

Is this full-time or summer analyst?

Sep 19, 2016

Has anyone heard back after their video interview?

Sep 19, 2016

Also, if anyone can tell me how to get the booked interviews tab on the GS website that would be great thanks.

Sep 22, 2016

Was wondering where to find "Booked interviews" as well - could anyone shed some insight into where to find this?

Sep 22, 2016

bump

Sep 23, 2016
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Sep 23, 2016
Sep 29, 2016
Sep 29, 2016
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