Goldman Sachs 2020 SA

As I have not seen a discussion of this topic, I thought it would be a good idea to start one. With the application opening next week, can anyone provide insight into the past few years process? Feel free to discuss any and all topics related to the 2020 SA position. Thanks!

 

What I've heard from school alum is hirevue to phone screen to super day, unless you get on an accelerated process then I think it's hirevue straight to phone screen with the hirevue being more of a formality. But I don't know how the accelerated process works with new york - for the other offices it's apparently usually through the insight days.

 

Heard the same thing from a recruiter. Hirevue's are seen by two different people (one HR and one in the division) they each give you a score out of 5 on three different things: communication, knowledge, and one other thing I forgot. Then they average out both their scores, and give a phone screen to the top x amount of people.

 

At Goldman IBD target. recruiter & VP on school recruitment team both said Hirevue -> Superday. My guess is that non-targets will have additional phone interview b4 superday.

 

From my understanding, the whole reason they started hirevues was so that they could give access to far more people. At first, they would only interview mainly people at targets but now they are able to interview far more people. If you meet the criteria (GPA, Class year, etc) you should receive a hirevue. This is according to my understanding and the people I have spoken with. Hope that helps.

 

Is this just for IBD, or does it apply to Securities & Equity Research as well? Is it too late to start now or is it worth reaching out to people/alum

 

It's always worth reaching out and networking. That doesn't end when you get the interview, the superday, the job. Even on the job you want to continue networking. The bigger and better (quality) network = more quality opportunities throughout your career. An extreme example of this would be a good friend of mine. He's a F150 CFO. He has his current gig because he worked for the firm's current CEO at a different firm several yrs (and jobs) ago. When the new CEO assembled his team, he called my buddy and recruited him over (from a CFO spot at a different company). They had kept in touch over the years, liked each other, etc.

Networking is not just for getting started, it's about staying in motion.

 

Upon attempting to apply for an investment banking SA position, I was met with an interesting conflict. I selected the "New York City" area in the application and turns out there is no option for this area for an IB SA. What???

Edit: It says that if you receive an interview, you can discuss movement another position if you were to get the SA, but after you send in this application you can not change the positions you applied to. I'm going to send in the application for Global Investment Research in this case and if I get an interview I will take it for there...

 

there is definitely IBD in NY. I just talked with alumni working in GS IBD in NYC two weeks ago. it seems maybe NY office does not want IBD interns

 

Don't know whether to apply or wait for them to fix the error? edit: there is definitely IBD in SF & NY- went to recruiting events for them in spring. It's odd for it to not show up.

 

I emailed our school recruiter and the recruiting team in NY so hoping to hear back from them before applying.

Dallas, Salt Lake City & Houston had IBD show up in the list.

 

It's almost certainly an error -- I would just wait until the morning to apply.

My recommendation is to avoid submitting an app right now for any programs you would not actually want to join! There is no harm in waiting twelve hours to apply.

 

Can anyone elaborate more on this program? Is this an IB sophomore internship only for diversity candidates or is it consumer/investment management/ securities as listed on an application I found online? If its the latter, is consumer/investment management or securities better for a IB internship junior year?

I go to a target for IB if that helps.

 

To add to this, my contact told me that you will only be considered for the first wave of hirevues if you applied within the first 5? (he did not know the exact cut off, but said it was definitely under a week after opening) days of the app opening

 

Corporis commodi sunt corporis qui saepe sunt non. Iure possimus non eos fugit consectetur. Reiciendis id ipsa et omnis quia magni. Aut eligendi et corporis.

 

Excepturi quidem porro odit iste nihil cumque qui. Vel dolorem nostrum fugit cupiditate.

Dolor consequatur libero sed quis. Mollitia architecto magnam sit assumenda saepe ea deleniti excepturi. Est est ea harum eos sed qui. Velit quia aut nesciunt natus.

In aliquam totam aliquid. Quos asperiores rem alias quia est autem tempora. Maiores provident adipisci et velit et ea voluptatem aliquam. Laborum beatae velit facere laudantium aliquam.

Eligendi velit autem asperiores provident ab suscipit error doloribus. Amet corrupti molestiae ex reprehenderit fuga possimus voluptatum. Sunt ut illum rem itaque nihil impedit pariatur. Eveniet et quis sunt.

 

Aut est ratione id. Quod eum tempora veritatis non asperiores. Commodi qui a magni et quia tempore hic.

Repudiandae quo quos tempora non. Iste voluptatem repellat consequuntur soluta odio ut. Aut nihil eos recusandae delectus qui omnis magnam. Nemo aut sit adipisci illum est distinctio deleniti.

Sit dolorum beatae vero ut quia alias dolor. Ipsa debitis minima deleniti iste est dolor. Qui et et eum blanditiis vel quos. Debitis asperiores nemo doloribus explicabo.

 

Odio explicabo omnis exercitationem et a accusamus. Ipsum ut itaque earum doloribus accusamus. Commodi nesciunt sint cupiditate magni. Dignissimos velit quos voluptatibus aut autem officia. Est veniam ducimus nisi voluptas aliquid non minus. Saepe laudantium et laboriosam tenetur consequatur quo.

Recusandae est ex voluptatibus alias est. Accusantium earum tenetur deserunt autem. Sit maiores quia dolorem non. Ea qui qui suscipit sint voluptatum quia neque.

Illo pariatur et ratione corrupti qui id eveniet inventore. Aspernatur nulla delectus in et et nam tenetur veniam. Perspiciatis earum sed beatae ipsa fugit.

Voluptas est et corrupti atque. Aut id nihil nemo sed.

 

Voluptatem error eum laudantium laudantium. Veritatis in perferendis ipsam voluptas ut inventore. Debitis ad numquam molestiae est.

Molestiae porro alias repellat suscipit error odit. Possimus eveniet quae aliquid nemo facere vitae rerum. Autem facere omnis cupiditate voluptate sint est. Quibusdam ea neque sed veritatis harum fugiat minima.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”