Goldman Sachs

With the GS salary bump announced recently, was pretty nervous it would come out of our bonuses. However, this year, the bonuses were MONSTROUS for GS Classics. First year analyst bonuses topped at $115k, with mid / up rounding into $95k, bottom getting $75k. Second year analysts topped out at $145k...

05 Aug 2021

Feel free to ms this post as I know these types of posts are inane to some degree, but any insight is appreciated. How would a Barclays/CS FSG compare to a GS Classic group, purely from an exit opps. perspective? It seems like GS TMT/FIG would place better into MF PE compared to Barclays/CS FSG, but...

01 Jun 2022

UPDATE: https://www.wallstreetoasis.com/forums/pls-fix-we… EDIT: https://www.efinancialcareers.com/news/2021/03/we… EDIT: S/O to @wallstreetintern and @litquidity for the features (link / pic below) This might seem old and repetitive, but yes, I want to complain too. Wells Fargo IB is not the...

25 Mar 2021

BB Rankings: 1. Goldman Sachs / Morgan Stanley / JPM 2. BofA / Citi / Barclays 3. Credit Suisse / RBC 4. Wells Fargo / DB / UBS EB Rankings: 1. PJT / Evercore / Centerview / Qatalyst 2. PWP / Lazard / Moelis 3. Guggenhiem / Houlihan (Note: both RX teams would be tier one) 4. Rothschild / Greenhill...

17 May 2021

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01 Apr 2022

Open to answering questions regarding MBB, recruiting, breaking in, day to day life, career choices, etc. Background Academic: MSc in Finance (Europe) - top GPA, public undergrad b-school (target locally) Internships: Summer analyst at MBB; Summer analyst at Goldman Sachs (IMD London); Off-cycle...

05 Nov 2020

Want the SparkNotes? We got "banker speak" for nothing. But you don't need a SparkNotes because it was only a whole 30 seconds or so on an hour-long call. Senior Leadership on Junior Banker CIB-wide call: "We saw the materials and saw the forum" - nice, I would hope so. "We're exploring resources...

31 Mar 2021

The goldman sachs treats you like poo. Their company's so big, they hardly need you. There are no bleeping mergers is what they all said. If you don't take drugs, at the goldman, you're dead. She's so excited for the goldman sachs. She's gonna need cocaine and these are the facts. Go to UBS, you'll...

25 Feb 2022

Hi everyone, I wanted to create a post about my process on GS for Junior Analyst in IBD. Sadly I did not get it but anyways. Context: Applied in Mexico City, 2 years of experience in AM and from a mexican target school. 1.- Apply through the page 2.- Webinar of general information (No filter yet)...

17 Mar 2021

My highest and probably only concern is the exit opps to megafunds or any US/EU PE better than Chinese local best PEs (like Hillhouse). I saw the post in 2015 comparing the same 2 offers, basically two views, one for seeing China as a place with more potential (HK is structured), and another is HK...

16 Nov 2021

Hey all, I am trying to decide between two offers for Summer 2022, Deloitte Tax Consulting and GS Ayco PFM. I have some initial thoughts but I'd like to hear what you think: For Deloitte; Pros: In NYC (apart from being in the city, more networking ops, especially if I get a return offer) Better pay...

26 Nov 2021

Hey has anyone ever worked with him or has interacted with him? We all have pretty much watched the " are you destined to deal" uva lecture on YouTube; any insights on the guy(culture, work ethic etc) would be appreciated For reference:

20 May 2021

I get it is operations and currently I am being converted at Wells Fargo to permanent (not quite there yet) as a customer advocate pretty much, but Deloitte is trying to hire me for the same salary and a smaller commute . It would be a derivative custody analyst for Goldman Sachs and would be a year...

12 Aug 2021

Hey everyone, first post here on WSO. I'll be joining GS IBD team here in Bengaluru, India, likely in the M&A division. Wanted to know the best industry coverage group there. Now, from what I could gather from multiple discussions here is that GS' TMT coverage is regarded the best by many. However,...

14 May 2021

Does anyone have any insight onto the compensation, bonus, and culture at with Goldman Sachs in Risk?

25 Oct 2021

I will be as honest as I can and will love hate or advice regardless what it is. I transferred to a target school a year ago as a junior, if you look at my post history it will explain everything. And after being there for a year I've slowly re-evaluated everything. IB was the most promising career...

30 Jul 2020

I've been looking into the Private Equity Group within GS AIMS recently (saw a posting a few weeks ago) and noticed a lot of former analysts were able to exit into PE buyout shops, despite the group doing primaries / secondaries / co-investments, rather than LBOs. Would anyone have insight into why...

05 Aug 2019

Hey Guys, Does anyone have any information on Goldman Sachs Toronto Office, IBD? The last post I saw was from 2008. Looking to get a gauge on: Culture Average working Hours Comp: AN1, AN2 and Assoc 1 - (What is the CAD equivalent ? [USD110K, USD125K, USD 175K] x 1.3] ) ? Update for Global BB...

12 Jun 2022

Hi Guys, I would like to ask, does the need for Visa Sponsorship in the UK put me into disadvantage when applying to investment banks in London for Summer Internship? I currently have Student Visa that allows me to work without sponsorship. I am not planning to lie on my application when the...

01 Aug 2021

I'm wondering what your thoughts are on this. I'm 1/4 Irish and 3/4 German. I come from a wealthy family, but they wouldn't even pay for braces. My teeth are a bit crooked (almost done invisalign in two months), two small chips due to playing spots, and kind of small due to my genes (parents also...

25 Mar 2020

I finished a Hirevue interview today with GS for the IBD (specifically the Toronto office). I wanted to send a thank you email to the recruiters. However, since the interview was done through hire view, I technically have no email address or recruiter's name. I did find some recruiters specifically...

20 May 2022

hii I have never posted before and this is a bit scary but I think it is worth it to go the lengths to hear all the opinions I can. I know this is a very privileged problem to have,, and thank you in advance to everyone who helps out,, but I have received offers from both GS LA and MS SF. Both of...

11 May 2021

Starting this thread for the GS 2022 Possibilities Summit. Have not received anything yet. On the application, it says we need to complete our inbox task by Dec 3rd, but I have not received anything yet.

02 Dec 2021

Which banks crushed it? Which flopped? My $0.02 below. Total global M&A deal value grew by 92.5% year-over-year for Q1 2021. Ergo a bank that grew M&A deal value by less than this LOST market share year-over-year and a bank that grew more than this GAINED market share y-o-y. Source:...

31 Mar 2021

Goldman is hiring "IBD Talent Managers" in London, NY and SFO. What is this - a new babysitting management layer? Has this been around for a while or might it be a reaction to the 13? Here's the JD: "You will be aligned to a business unit and responsible for managing all of the analysts and...

08 Feb 2022

Hi guys, I'm currently making a choice between LSE A&F and HSG MBF. My goal is to eventually work in London for a tier-1 IB. Although LSE is definitely the bigger brand, particularly in London, I wouldn't have to do any extra internships. HSG would allow me to do a SA and an OC before applying to...

18 May 2021

I am currently going to be working as an Investment Management Sophmore summer analyst this summer at GS, and I was wondering if anyone could provide some insight surrounding the feasibility of transferring into IBD for next summer. Would it be just as difficult as someone who was not already...

15 May 2020

Diversity recruiting has been the subject of several posts over the last few weeks. Although there are existing WSO posts that try to aggregate opportunity for diverse candidates, this one aims to be an exhaustive list that includes all the introductory programs and formal internship pipelines...

03 Jan 2017

Hi all, I have a question that I haven't been able to really find any answers to online. If you think you've seen a thread before that addresses the question I have, please feel free to post it. I'm largely looking for people's opinions/advice. I currently have a position at Goldman Sachs...

29 Apr 2021

He let go of all of Lloyd Blankfein's leadership team. Put in his own leadership team, and half those guys all left him. Then this cheap fuck has done nothing to compensate all those GS analysts even after they exposed the hours of his company and the current banking industry. What kind of...

19 Apr 2021

Hi everyone, hope all is well. Question for any of you that have been through the Goldman process, or at least early stages. I'm enrolling in one of their Insight Days then will apply for SA 2022. For the insight day, it asks to submit a resume "containing no proprietary information which includes...

05 Apr 2021

Four days ago, the Federal Reserve released the names of the banks that had received $4.5 trillion in cumulative loans in the last quarter of 2019 under its emergency repo loan operations for a liquidity crisis that has yet to be credibly explained. Among the largest borrowers were JPMorgan Chase,...

03 Jan 2022

Hello, I will be having 2 interviews (30 minutes each with 2 VPs) with GS TMT in NY although the position says (ECM TMT), and I am not fully aware whether GS provides services such as M&A, IPO, etc. under the TMT group. If you have an answer, please help me out. For the interview preparation, since...

07 Oct 2021

Hey guys, Very hard to find information on Goldman Sachs' buyside operations. From what I understand Merchant Banking and SSG have been merged into one entity now referred to as Merchant Banking. Let me know if my findings are correct: From what I understand, the Merchant Banking team acts like a PE...

21 Jan 2021

[Cross-posted from IB forum - this is my first time using WSO, so please let me know if this is allowed] Hi all, I'm a current junior at a T25 university doing the internship search for next summer. I just received offers from a T2 consulting firm (think EYP or Deloitte S&O) as well as GS for the...

03 Nov 2021

I'd like to start the 2018 Veteran Integration Program thread this year. I'll be applying as soon as the application opens...Last year it was mid-October. Who else is applying this year? In past years the application entailed an online resume screen, followed by a Hirevue interview with several...

27 Sep 2017

I had a superday interview with GS on 9/24 for an analyst position. They called 9/28 to ask if I had any competing offers or deadlines that they should be aware of and I stated that I did not. The HR lady said that they were interviewing a couple more people during the week and they would let me...

06 Oct 2021

Title says it all. Second year base - 125k, first year associate base - 150k. Source: https://www.businessinsider.com/goldman-sachs-rai…

01 Aug 2021

Hi ! I am a high school senior with a 3.7-3.8 gpa and a sat score of 1460. I got a mail from Stevenson Institute of Tech today stating that I've been shortlisted for Priority Application through the college board student search service. I'm not sure as to what that entails apart from a priority...

14 Nov 2020

Qatalyst (on Handshake) J.P. Morgan Vista Equity Partners Blackstone KKR (deadline passed but rolling apps open) Goldman Sachs Bain Capital PWP Barclays Guggenheim (on Handshake) Oppenheimer Citi S&T FT Partners Rothschild PJ Solomon (on HS) William Blair PJT Cowen Last updated: 7/30....

09 Jul 2021

Hi All, I'm new to this site, but wanted to get commentary from likeminded people about whether or not to pursue an MBA. My rule of thumb is that it's only worth consideration from a T-20 program, especially if an employer or grants aren't paying for it. Yet, with a six-figure price tag will it...

23 Mar 2018

Monkeys, Have posted this on the PE forum but figured I tried my luck here too. Recently received my invitation for Goldman's MBD AC for a summer analyst position. The email specifies the internship will be rotational across Equity, Credit, and RE investing and was hoping someone could provide some...

29 Nov 2020

Hi guys, I am in a weird situation and would love to hear out some opinions. Two months ago, I started working as and IBD analyst at one of the top 3 IB banks in their NYC HQ. However, I managed to get (what I believe is) a better job opportunity for me in the meantime and now I am thinking about...

25 Jul 2017

Hi everyone, I got invited to the GS Global Markets (loan management) Superday. I have been trying to find more info on the division and how interviews usually look like but couldn't find much here or on the internet in general. Does anyone have any experience or any insights into the...

25 Sep 2020

Hey, I recently verbally accepted an offer for the 2021 Summer analyst position at MS for investment management fixed income (I know this is IB but still) and was very happy since this is my dream job-going into the buy side was more preferable for me and I wanted to learn from a BB. I have also...

12 Sep 2020

This via Marty Chavez, Goldman Sachs's incoming CFO. What are your thoughts? [quote]TechnologyReview.com: At its height back in 2000, the U.S. cash equities trading desk at Goldman Sachs's New York headquarters employed 600 traders, buying and selling stock on the orders of the investment bank's...

15 Feb 2017

I just recently finished my freshman year with just above a 3.7 GPA at a target school and I want to double major in either Math and Economics OR Math and Philosophy (and maybe add a minor if I have time). I'm also involved in 4 organizations on campus, and I'm on a committee for 3 of them. 3 of the...

24 Jun 2019

This has been bothering me for some time now and I didn't want to say anything at first but a similar "hit" article came along the way and now my BS radar is on high alert. We all know Business Insider (BI) has a penchant for resurrecting old articles, sometimes in the form of pseudo new articles,...

06 Jan 2017

Among the many prominent companies and CEO's Goldman Sachs has joined the ranks denouncing Donald Trump's recent immigration ban. [quote]Goldman Sachs Group Inc.'s more than 34,000 employees arrived to work Monday to find a voice mail waiting. "This is Lloyd," it began. Chief Executive Lloyd...

01 Feb 2017

Hi all, Heard back from GS for a 2022 IBD summer internship analyst position mid-January for a Hirevue. Took it and was invited 2-3 weeks later for the final round. The final round was online. HR asked several times in 2-3 weeks for the candidates availability cause some interviews were postponed....

08 Mar 2022