Goldman Sachs

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 place to be right now. Banking has become more of a taxing job than it has been recently because of all that's going on (we all know this). It's a sweatshop over here and everyone is putting in 100-hour weeks like

25 Mar 2021

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 and solutions" - as you said you have been for months on end now… and as you SHOULD be at all times… without a deck or forum or having to tell me lol. "We've set a net zero emissions target for 2050" - sick bro. So what value did any junior bankers at WF pick up from the call? Please chime in because

31 Mar 2021

Curious to know if anyone has experience recruiting for this group at GS? Seems like they're more involved with social impact, so I am wondering whether the interview process will differ from the other groups encompassed within the Asset Management Division.

24 Feb 2021

Hello everybody LET'S GO BABY, GOLDMAN HERE WE COME!!

31 Mar 2021

Just wondering, for someone coming straight out of undergrad, how does GS Investment Banking compare with GS Merchant Banking? Would you say they're equal in opportunities, but just different in the projects covered? Or is one better than the other/it depends on the group you're with for each division? Would appreciate any insight from those more experienced!

05 Mar 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 merit scholarship consideration and if it's a marketing gimmick. Also I saw that it has a decent rep for it's engineering but since I'll be applying for Economics or Finance (up for discussion) and want to break into IB, PE or consulting in NYC(in that order of preference), what's the rep for business

14 Nov 2020

I had my superday for 2021 SA over 2 weeks ago, still haven't heard back. Does Goldman ghost candidates after final rounds? I thought everyone heard back within a few days.

04 Sep 2020

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 division/interviews. The job is specifically Goldman Sachs Global Markets (loan management) in their Dallas office. Let me know if you have any other question. Thank you!

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 been interviewing for GS but probably will cancel interviews now that I verbally accepted, since I prefer their culture, people, etc. However I spoke to a professor at my school who's been in the industry for years and he said MS is good but only a quarter as good as GS which is in another league. He

12 Sep 2020

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 that would be lucrative with time whether it be going to PE or whatever else. Although after coming to a point, doing a random accounting internship this summer, just so I can have the opportunity to recruit for next summer, (which if I put the effort in I will land something, and just started the

30 Jul 2020

S/o to the Quants out there. Anyone have any idea what the math portion will consist of? EV, Probability, die, cards questions, maybe brainteasers? Also curious on the 2 programming ones, would it be just 2 Leetcode mediums, any Leetcode Hards? Good luck.

01 Jul 2020

Had a superday with a PE team at GS on Friday (summer internship). Recruiter sent out an email right after it ended, saying an update would be given within 1-2 weeks. From reading other responses on WSO, seems like offers to top candidates are either made day of or day after. Since it was a Friday, does anyone know if GS PE teams make offers over the weekend?

27 Feb 2021

I'm a summer analyst candidate and had my superday on Wednesday, Aug 19. Today I asked my recruiting coordinator when I can expect to hear feedback, and she said probably next week or so. I can't go through this waiting game for potentially another 2 weeks! Why must you torture me, Goldman? If you're gonna reject me, JUST DO IT NOW.

24 Aug 2020

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 working at the firm? Since applications are released during my internship in July, would it look poorly for me to switch divisions at such a time? Thanks in advance!

15 May 2020

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 skimped in whole milk, quality fish, etc...). I really don't want to be held down due to this minor (perceived) flaw. I've always been the brightest and would rather do technology sales than be held down for life in a place like NYC. I can either spend 25-30k on my teeth or put it towards a

25 Mar 2020

Hey guys. For the Goldman Sachs summer internship, does choosing the location/subdivision determine the competitiveness? For example, locations such as West Palm Beach only have consumer and investment management and actually that doesn't seem too bad for me. I'm still exploring my options in the world of finance and consulting. I would really appreciate it if someone could tell me whether or not it matters which subdivision/location you actually intern at/any experiences they've had! Thank you.

23 Sep 2020

I applied to GS and wrote on my resume that I did a 2 week unpaid internship at another BB, (it was organised by a family friend) and I just remembered we decided to cut it short so I only ended up doing it for 1 week. I haven't gotten to the interview stage yet so I dont know how the background check process works and was wondering if we get a chance to send a new cv for the purpose of the background check once we get an offer. I'm happy to send a fresh cv but I dont think GS accept updated CVs or do they?. Should I withdraw my app and apply with a different email?

21 Sep 2020

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 analyst at European Private Equity FOFs. Received full-time offers from all three Other: GMAT 730 WSO Mentor Want to work with me? Check out my profile here.

05 Nov 2020

Hi Monkeys, as you may know, GS SA can choose two teams within IB for their 2 summer rotations. What would your recommendations be based on team culture, prestige, WLB, etc? They normally advise to do 1 rotation in a product group and 1 in an industry team, but I might be more interested to do both with industry coverage teams. Appreciate your thoughts/insights

16 Apr 2021

Can someone provide insights on Wedbush Securities (LA)? Specifically their ER dept? What % of summer interns get full-time offers at Wedbush? And what do the exit opportunities look like? Can you transfer into IB later? Can you get into ER at some other top firm (JP, Goldman, etc)? How does the compensation compare to consulting firms?

13 Apr 2021

I saw this video on TikTok. Is racism at Goldman Sachs really that bad? She made GS sound like a plantation. She has many other videos too, and people in her comments are telling their own stories. https://www.tiktok.com/@justsadeee/video/68868698… https://www.tiktok.com/@justsadeee/video/68877302…

03 Nov 2020

Any thoughts? Seems like the engineering function will make the move towards the end of this year.

13 Apr 2021

Hi, recently received an accelerated interview (target, diversity) for the Goldman Sachs San Francisco office and I now have to make a ranking of the coverage group I'm interested in. Would anybody have insights on Consumer Retail, TMT, and Healthcare, in terms of size, culture, exit opps, etc.? Cheers

10 Apr 2021

Hello, I went through the hirevue interview process in early March with Goldman Sachs in Dallas and my status is currently at "interview" a month later. I know other applicants went through this so its nothing new. I just graduated in finance in December and I have been searching for a job ever since then. It's been a long 4 months and I am just ready to move out of my town and leave my current sales job. So my question is this, does GS look for recent college grads for this opportunity? I have no experience in financial services, just 6 years sales experience with BMW, so I would need a lot

06 Apr 2021

Has anyone heard of, or interacted with, this Goldman group before? Looks like it's based in Sydney. Used to be called SSG, since changed the name to Principal Investing Area (PIA). GS site says they have a pretty broad mandate across debt / equity / RE. Curious about deal flow, check size, culture, team structure, etc. I have an IB - Private Credit background for reference. Thanks in advance

05 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 previous employers...delete these before submitting to Goldman Sachs..." Before asking this I searched online but only found more standard resume advice, not any information on a non-specific resume. I 'm a bit confused how a resume without company/job information would even be helpful at all. Do any

05 Apr 2021

I applied to the Goldman Sachs Public Sector & Infrastructure Summer Analyst Virtual Insight Day and was just notified that I was selected. Does anyone know if this program is at all selective? I was also wondering if anyone was familiar with what happens at the event and if it helps with actual recruitment.

05 Apr 2021

Has anyone heard back from GS Virtual Insight Series 2021? The application deadline was March 21st, and did anyone get invited for a HireVue?

04 Apr 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: https://markets.ft.com/data/league-tables/tables-… Market Share Gainers Jefferies: Made the Top 10 for global M&A deal value and grew global M&A deal value by over 800% y-o-y. Hats off. Not sure if they had a bad Q12020 or amazing Q12021 - probably both. Barclays: After getting

31 Mar 2021

Hi all - how would you rank GS Cross Markets Group (CMG) vs. Citi/BofA/Rothschild TMT (All London)? Any info on how sweaty these teams are would be very appreciated!

27 Mar 2021

Title. Basically, how the fuck did David Solomon manage to become a top DJ in spite of being in IBD? How does anyone find the time to work on a hobby in IB or in MF PE? And not just be mediocre at best at it, but actually really good?

30 Nov 2019

I recently applied for a position at GS. The title is Early Careers | Sales | New York. Does anyone know what I can expect to be doing in this role?

26 Mar 2021

Does anyone know when GS is planning to notify if early possibilities summit applicants will be notified for superdays following the HireVues?

25 Mar 2021

Does anyone know or have any experience working in FP&A with Goldman in SLC? What does the position entail? Compared to other positions, will this one be a good potential transition into a more FO role if I wanted? What does their Superday look like for New Analysts?

25 Mar 2021

I got an invite an info session next month. What was the info session like? How far are you all into the hiring process?

24 Mar 2021

I did a number of rounds over zoom. Today I got a call with HR. Thought it was going to be an offer, but it wasnt. I was asked to fill in comp form and provide evidence of special stock not vested. I filled them and spoke with HR to go over the #s and expectations. They said 1-2 weeks to hear back. Is this a good sign to an offer? Or do they do this with all candidates? Seems kind of backwards to to do these forms at the end. I'm hoping for the best. Anyone can share their experience with this process pls?

20 Mar 2021

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) 3.- Steps 1 and 2 were in January 2021, and in mid february I got an email saying I have passed to the next round (HireVue interview) 3.1.- HireVue Interview was really easy, general questions like walk me through your Resume, and situational ones like "What would you do if a client is asking you to

17 Mar 2021

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 this is the case? I've been reading forums on here that have said it is tough for guys in these sort of FoF roles to get into direct LBO shops, but it seems this happens routinely at GS AIMS PEG. Any insight would be appreciated!

05 Aug 2019

Hi everyone, I few weeks ago I joined one of the biggest pension funds in Mexico (Over 50bn usd), specifically in the Private Equity division, as an Infrastructure&Energy Analsyt after being 2 years as a market risk analyst in another pension fund, so pretty good job in FO buy side as LP (Limited Partner). But now, almost at the same time I started my new job, I got contacted to start the recruitment process at GS in IBD as an Junior Analyst. I know the most common thing is going from IB to PE, but this PE is referred as KKR, Blackstone, etc. but what about PE from the perspective of a pension

10 Mar 2021

Can anyone working in the group comment on the culture, hours, prestige of the group compared to the other Classic groups and general deal flow? Would appreciate any insight into the group as there is very little info on the web about it.

03 Mar 2021

Have an offer on the table from GS and likely to get one from Citadel Securities too. Both would be in NYC. TC offer for GS is 190k (5 years industry experience on the tech/support side). Citadel offer might be for a little bit more. Which firm has less prop tech and more room for growth? GS role is fixed income systematic market making support role while the Citadel Sec role is a trading technology production engineer role

01 Mar 2021

I have a superday with GS coming up under their MBD division, titled "fund financing analyst". My understanding is that this is the private equity/credit arm of Goldman Sachs. Does anyone have any advice on how to prepare? I've never done a PE/PC interview.

26 Feb 2021

What to expect? Hours? How to go above expectations? Best piece of advice for new analysts? Generally speaking the hours? SLC office general functions? New to all of this and am religiously digging through forums for info. However, if you are just going to poke fun and insult, at least make it a good one. Thanks!!

25 Feb 2021

Has anyone received an email for HireVue interviews yet?? They said emails would be sent out after the 15th.

16 Feb 2021

Hi everyone! I have been on this forum for the past couple of hours and could not find the answers that I am looking for. Let me share with you my situation and based on that, I hope to get some advice from people who have gone through the Superday. It would be really kind of you to also let me know if you did or did not end up getting the position. I have passed the HireVue and received an invitation for a phone call. I was asked a number of questions within my field of study and I actually thought I did pretty poor (did not get sleep the night before so I really felt the affect of it during

15 Feb 2021

Hi guys, Could someone please shed some light on the % of time spent of M&A deals vs financing at a Goldman Sachs Industry group vs the same %s at other industry groups at any other BB? I understand this can vary a lot dependant on the group, bank and economic conditions. Just looking for ballpark figures. Thanks a lot

13 Feb 2021

Has anyone gone through a Goldman Sachs Associate Superday? Trying to prepare and I can't find much on the Associate Superday as much as Analyst. Thank you!

13 Feb 2021

Can anyone provide insights into the key differentiators between GS Asset Management and GS Merchant Banking? They both seem to have some cross-over in terms of strategies, however, the line between the two is murky. It would be helpful to learn about the difference in Analyst / Associate / VP lifestyles, comp, career progression between the two divisions at GS.

09 Feb 2021

Hey all, does anyone have concrete examples of what Goldman's end of year bonuses (paid out in August) look like for analysts? I know there is a "Goldman discount" and they get paid on the lower end, but any numbers you know of in the past would be helpful - for both first and second year. Do some groups pay higher than others? For example, I believe TMT makes up like 40% of IBD's revenues, so do their analysts get paid slightly more in bonuses?

08 Feb 2021

Hey everyone! I was invited to the Goldman Sachs Possibilities Summit a week or two ago, and it looks like an awesome program. Lots of room to meet employees and peers and at least get a foot in the door. I was wondering what an acceptance in the program means for actual recruiting. Does getting into the 'exploratory programs' mean that you have a solid shot at recruiting BEYOND the prep they give you in the program? Will you be flagged as a candidate and have a pretty sure shot of getting an intern offer, or is it more of something that just gets you a first round interview and then they're

25 Jan 2021