Readers ask: What Is Goldman Sachs Internship Like?

Along with the promising salary and exit opportunities, requirements for entry-levels in Goldman Sachs are demanding: top-school students with strong academic record, work experience/internship in prestigious firms and ability to pass the challenging recruitment process.

Is internship at Goldman Sachs good?

Great place to work Goldman Sachs maintains an open door policy which makes freshers, interns and employees at all levels feel welcomed, cherished and valued. It has great work culture with a fun atmosphere.

Is it hard to intern at Goldman Sachs?

Getting an internship at Goldman Sachs is no easy task. This year, roughly 17,000 people applied for its investment banking summer internship program, according to Chief Operating Officer Gary Cohn. Just 350 interns were hired.

How much do Goldman Sachs interns make?

At firms like Goldman and Citi, interns can earn a salary of $85,000 in base annual comp, which is prorated over the course of their 10-week internship.

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What are the chances of getting an internship at Goldman Sachs?

How to land an internship at one of the most prestigious financial institutions in the world. With the prestigious reputation of any Wall Street summer internship, the Goldman Sachs Group summer program is considered one of the most exclusive, as some report an acceptance rate as low as 2%.

How selective is Goldman Sachs internship?

Goldman Sachs’ 10-week summer internship is no different as it is the major feeder for its full-time analyst and associate programs. It has been reported that more than 15,000 people apply for the Goldman Sachs investment banking summer internship program, and that the program has an acceptance rate of only around 2%.

What do Goldman Sachs interns do?

A Goldman Sachs internship gives you a unique opportunity to learn about the finance industry by working side by side with the experts. As a new analyst or associate, you will learn about our businesses, develop important relationships, and build career-enhancing skills.

What GPA do you need for Goldman Sachs internship?

Your grade point average is “the first thing you look at on the résumé,” the former analyst said. And it should be 3.6, preferable 3.7 or higher.

How selective is Goldman Sachs?

Goldman Sachs is the premier investment bank in the world. With an acceptance rate of roughly 4%, it’s harder to get into Goldman than it is to get into Harvard or Yale.

How long does Goldman Sachs take to respond to internships?

Generally, you will hear back from a front office GS super day within three days. However, some users found out less than 2 hours after their interview but some have said that the wait time can be between 1 week to 1 month.

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How many summer interns does Goldman Sachs hire?

How many interns does Goldman Sachs take? Getting an internship at Goldman Sachs is no easy task. This year, roughly 17,000 people applied for its investment banking summer internship program, according to Chief Operating Officer Gary Cohn. Just 350 interns were hired.

How many Goldman Sachs interns are there?

Goldman Sachs welcomes nearly 2,800 students this summer who are joining the firm around the globe as interns in more than 37 offices and all the firm’s divisions.

How much does a Goldman Sachs summer internship pay?

He declined to say how many of those interns are analysts, how much they are paid, or how many hours they are expected to work. According to the job research site Glassdoor, which collects self-reported salaries, a Goldman Sachs summer analyst makes about $5,286 per month.

How much does a Goldman Sachs summer analyst make?

Goldman Sachs Salary FAQs The average salary for a Summer Analyst is $63,873 per year in United States, which is 15% lower than the average Goldman Sachs salary of $75,259 per year for this job.

What is the acceptance rate for JP Morgan?

The acceptance rate of less than 1% makes JPMorgan’s investment bank harder to get into than Harvard or Yale. That level of interest doesn’t seem to be isolated to JPMorgan, which is a juggernaut on Wall Street across advisory and trading businesses.

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