How hard is it to get into Goldman Sachs analyst program?

How hard is it to get into Goldman Sachs analyst program?

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.

What do new analysts do at Goldman Sachs?

As a new analyst, you will learn about our businesses, develop important relationships, and build career-enhancing skills. As a participant, you will: Learn about the firm and how we do business. Gain the skills and knowledge necessary to support our businesses.

How much do Goldman Sachs new analysts make?

Goldman Sachs's first-year analysts will receive a bump in base pay from $85,000 to $110,000; second-year analysts $95,000 to $125,000; and first-year associates $125,000 to $150,000, sources told Bloomberg.

What is it like being an analyst at Goldman Sachs?

The job can be very fast-paced and analysts need to absorb a lot of information quickly, not least about the client's own objectives and priorities -- it is a front-line position with a lot of responsibility and pressure. ...

How much does a first year analyst at Goldman Sachs do?

This year's analyst bonuses come after most banks increased salaries for their juniors. At the start of this year, the typical first year analyst salary in an investment bank was $85k. That's now increased to $100k, or $110k if you're at GS and $120k if you're at Evercore.

What does a junior analyst at Goldman Sachs do?

New employees are put through a rigorous training, working with senior analysts conducting research, making presentations, doing credit analysis, and providing general assistance to the senior analysts. The junior analysts take on more responsibilities as their experience grows.

Is Goldman Sachs Hackerrank hard?

You may have read that Goldman Sachs' Hackerrank test is easy. It's not. Believe me - I have taken it, and passed it, and it is as challenging as they come. As far as I can work out from talking to the other people on my course (computer science, top London university), only 10% to 20% of people make it through.

Does Goldman Sachs look good on a resume?

GS: Looks Great on a Resume but the life/culture is not for everyone. The reputation and the money. Looks very good on a resume. ... The benefits package was extremely sufficient and you were also given access to GS's PWM platform and had access to all GS Research for HNW's and Institutional Clients.

How much money do you make working for Goldman Sachs?

The average Goldman Sachs employee makes $367,564 on an annual basis, according to the firm's most recent financial disclosures.

Is Goldman Sachs a good company to work for?

Goldman Sachs is No. 45 this year on Fortune's annual list of 100 Best Companies to Work For, the definitive ranking of corporate workplaces based on employee feedback.

Do investment bankers really work 100 hours?

A typical investment banking analyst can expect an 80-hour week. Yes, there will absolutely be weeks where you will work a hundred hours, but those weeks are outnumbered by 80-hour weeks.