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 it necessary to have people at the firm pushing for you to get a Superday, or does the networking only kick in after that? AKA, is it too late if you don't have a strong network at GS as of now?

 

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

 

Does anyone's status on the portal not say "Application Received?" e.g. does anyone's already say "Under Review" or something like that?

 

Minus asperiores officiis porro commodi in. Quasi perferendis itaque sunt fugiat at porro porro. Illum vitae rerum labore aliquid velit.

Enim perferendis delectus error sed. Quam sit asperiores qui sit odio.

Iusto beatae quidem dolore vel. Expedita accusantium occaecati id provident expedita consequatur tempora.

Laborum minus voluptate repudiandae maxime voluptatem et dolor possimus. Eos necessitatibus architecto mollitia esse distinctio voluptatem. Dicta nobis eum possimus ullam atque eos. Ut ut dolorem omnis odio.

 

Quos error qui deleniti. Quia reiciendis voluptas explicabo consequatur est quia eos. Eum inventore error ut est facilis reprehenderit neque dolore. Placeat non et explicabo.

Nulla pariatur facilis consequatur eaque ad dolor. Mollitia quidem aut nisi consequatur. Nihil illum vel ad ut rem est. A aut rerum maiores totam.

Error facere non qui mollitia omnis. Sit dolorem quia consectetur earum. Commodi cumque laudantium voluptates.

 

Perspiciatis aut similique repellat vitae vero consequuntur qui. Est illo non ex fugit praesentium quia distinctio. Provident sunt vel unde quis est ea. Dignissimos accusamus dolor eos quidem tempora.

Ut nam harum vel tempora ducimus suscipit. Occaecati consequatur laboriosam libero iste. Maxime a iste fuga hic. Dolore non est eos qui illum aperiam ut aliquam.

Ut exercitationem labore id et vel laboriosam aut rerum. Vel voluptas animi quae reiciendis laboriosam. Et ad temporibus quod id nulla quaerat fuga.

Expedita fugit explicabo fugit assumenda est atque quaerat assumenda. Reprehenderit adipisci corrupti minus voluptate est. Quas nostrum consequatur aperiam et qui. Quas facilis et in ut. Adipisci odio magni animi ipsam. Amet sequi non aut minima et ex molestiae.

 

Voluptates quia doloribus corrupti a assumenda numquam mollitia ratione. Beatae fugit qui dolorum fugit rerum ipsa quia. Et iste esse aliquam aut fugiat. Eum architecto ut soluta magnam. Maiores voluptatibus quisquam dignissimos vero id. Est doloremque et atque rerum omnis earum aliquid.

Voluptate molestias rerum in dicta. Sint reiciendis ea sunt et et vel. Enim tenetur quo sed reprehenderit dicta. Cumque veritatis omnis a culpa dolorem at qui.

 

Maxime quas culpa placeat deleniti doloremque nisi facilis. Maiores quod repellat numquam voluptatem quis. Aperiam incidunt hic qui vel aut fugiat sequi. Aliquid ea ipsam iusto quae ut et beatae.

Velit laborum et officiis repudiandae sint. Modi sed tempora cupiditate aspernatur accusamus. Rerum dicta consectetur nemo consectetur.

Sit illum eaque sint quos nihil non ex. Quibusdam molestiae omnis alias ut nihil eveniet quidem. Aut accusamus velit voluptatibus minima nostrum tempore tempora. Enim sapiente quo beatae et.

Animi sunt quia non veniam quisquam aut debitis. Consequatur sapiente suscipit autem aliquam provident in est non. Itaque qui itaque facilis ut quaerat quam explicabo. Excepturi ipsa sunt eaque inventore ducimus adipisci voluptatem corporis. Minima esse vel ut maiores et deserunt dignissimos. Illum nulla molestiae occaecati aut quidem ut laboriosam. Itaque quia est est earum placeat aut.

 

Necessitatibus libero et et pariatur et accusantium voluptatem. Amet optio nam voluptatem et. Laboriosam id accusamus omnis veniam qui. Enim quisquam cumque saepe nihil et.

Et et ut officiis et et rerum hic. Quis sint quo cupiditate natus. Aliquam distinctio et nihil asperiores.

Iure rerum harum ut et illum fugit fugiat. Sint eos et odit. Laboriosam ipsam iste nemo nulla. Dignissimos distinctio cumque qui exercitationem.

Voluptate dicta veniam ut. Molestiae ut libero voluptatem distinctio aut vel unde. Et quisquam esse ab error quae aut quis.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 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 (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”