Goldman Sachs | Investment Banking - Who We Look For (2024)

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Back to Our Firm

Our Investment Banking teams deliver high-quality strategic advice and creative financing solutions to our clients, including mergers and acquisitions, financing, and risk management transactions.

What We Do

We pride ourselves in our resourcefulness and work on a variety of initiatives. On any given day, our work could include advising a company on a cross-border merger, structuring the initial public offering of a subsidiary, refinancing an outstanding bond and more.

As a division, our strategic objectives include:

  • To be the world’s preeminent investment bank – trusted advisor, financier and risk manager for our clients on their most important transactions
  • Build long-term relationships with clients and bring them world-class execution by “delivering the firm” over time
  • Drive superior returns for our stakeholders
  • Be the employer of choice for all career levels by providing a highly dynamic, meritocratic, diverse and rewarding workplace

How We’re Organized

Classic Investment Banking

We work in developed and emerging markets worldwide to deliver banking services for a wide range of industries. Our team approach to client service enables our bankers to play an important role in building relationships and executing transactions. Classic investment bankers have expertise advising clients across industries, regions and products. Teams are organized by industry group, including Consumer Retail Group, Financial Institutions Group, Financial and Strategic Investors Group, Healthcare, Industrials, Public Sector & Infrastructure, Natural Resources, Real Estate, and Technology, Media and Telecom, as well as by region, country and company size as part of the Cross Markets Group.

The Mergers & Acquisitions Group

We offer our clients differentiated advice on shareholder activism and corporate governance-related issues, structured transactions including spin-offs, carveouts and divestitures, and capital markets insights relating to M&A.

The Financing Group

Within a dynamic, market-driven environment, our teams work closely with corporate clients, pension funds, financial sponsors and governments to structure and execute some of the largest and most complex financing and risk management solutions across the full product spectrum, including equity, debt and derivatives. To achieve this goal, the Financing Group comprises all Goldman Sachs’ capital markets departments, and operates on close cooperation with other areas of Investment Banking and other divisions within the firm, including Fixed Income, Currency and Commodities and Equities.

Operations

Our operations professionals are core to Investment Banking and enable business to flow – read more.

Engineering

Engineering is at the critical center of our businesses. Our engineers are solving challenging problems using innovative strategic thinking and the latest technologies – read more.

Who We Look For

Working in Investment Banking, you will be helping clients solve some of their most critical financial and strategic challenges. We’re looking for candidates who will thrive in a dynamic environment where multitasking and time management skills are essential.

You should be comfortable working with numbers and be an analytical thinker. Strong communication and interpersonal skills are needed in order to work successfully with clients and team members.

“Every day you are doing something different, like helping draft a roadshow document so that a client can raise capital for growth… or advising a company in an acquisition.”

Thomas

Vice President, Financial Institutions Group, Investment Banking Division, New York

Meet Our People

FROM THE CAREERS BLOG

Goldman Sachs Awards and Rankings

2023 Summer Internship Program

03 Nov 2021

Culture and Diversity Living on the Spectrum – and Embracing the Upsides

28 Apr 2021

Our People Meet Our People: Waverly, Sustainable Finance Group, New York

See all blog posts

We Invest in Our People

Goldman Sachs | Investment Banking - Who We Look For (10)

Learning

We created Goldman Sachs University to help our people grow professionally – starting with their orientation and integration into the firm and continuing with ongoing development over the course of their careers.

Goldman Sachs | Investment Banking - Who We Look For (11)

Development

From ongoing feedback to diverse talent programs, we’re committed to empowering our people to drive their own development and expand their horizons.

Goldman Sachs | Investment Banking - Who We Look For (12)

Apprenticeship

We emphasize an apprenticeship culture in which our junior team members learn by working closely with seasoned professionals. We believe this is critical to developing the next generation of Goldman Sachs leaders.

Join Us

Opportunities for Students Opportunities for Professionals

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Goldman Sachs | Investment Banking - Who We Look For (2024)

FAQs

What does Goldman Sachs look for in a candidate? ›

Clients are at the center of what we do and they require a team behind them that has a passion for investing, risk management experience and ability to understand unique clients' needs.

Who are Goldman Sachs' customers? ›

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals.

What do investment bankers look for? ›

Investment banks typically look for undergraduate and graduate degrees that align with business administration, finance, commerce, economics, or an analytical field like statistics.

What skills does Goldman Sachs look for? ›

Data Analytics and Business Intelligence. Financial Accounting/Financial Planning. Investing. Investment Banking/Financial Modeling.

Is it hard to get hired at 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. Let me share how to get a job at Goldman Sachs from someone who did.

Is it hard to get an offer from Goldman Sachs? ›

Goldman Sachs is one of the oldest and most prestigious investment banks on Wall Street. With hundreds or thousands of applicants for every job opening, getting into this company is notoriously hard.

Where does Goldman Sachs recruit the most? ›

Top 25 Feeder School For Bulge Bracket Banks
Goldman SachsTotal by %
1. Harvard University303.50%
2. New York University NYU313.50%
3. University of Pennsylvania283.30%
4. Columbia University162.70%
6 more rows
Feb 11, 2022

Is Goldman Sachs a top bank? ›

Alyssa is a MarketWatch Guides team editor covering personal finance, insurance and loans. The 10 largest banks in the U.S. are Chase, Bank of America, Wells Fargo, Citibank, U.S. Bank, PNC Bank, Goldman Sachs Bank, Truist Bank, Capital One and TD Bank.

Who is Goldman Sachs main competitor? ›

The main competitors of The Goldman Sachs Group include Morgan Stanley (MS), Charles Schwab (SCHW), Raymond James (RJF), LPL Financial (LPLA), Stifel Financial (SF), Evercore (EVR), Lazard (LAZ), BGC Group (BGC), Piper Sandler Companies (PIPR), and Oppenheimer (OPY).

Do investment bankers make 7 figures? ›

Investment Banking Managing Director Salary + Bonus: Base salaries are in the mid-six-figure range, with total compensation in the high six figures to low seven figures. An MD doing decently should earn between $1 and $3 million per year, and sometimes a low multiple of that (as of 2022).

Who are investment bank clients? ›

Investment bank clients include corporations, pension funds, other financial institutions, governments, and hedge funds.

What personality type are investment bankers? ›

Many investment bankers are Type A personalities, which means they are ambitious and driven. Young bankers are inducted into a stressful lifestyle from the get-go. They are encouraged to work long hours with very little free time to fit in socializing or relaxation.

What does Goldman look for? ›

We're looking for candidates who will thrive in a dynamic environment where multitasking and time management skills are essential. You should be comfortable working with numbers and be an analytical thinker.

What GPA do you need for Goldman Sachs? ›

Currently, a GPA around 3.7 is often preferred for interviews at large banks, while elite boutiques and bulge bracket firms like Goldman Sachs and Morgan Stanley may look for a GPA of 3.8 or higher. The average GPA of successful candidates often hovers around 3.85.

Does Goldman Sachs pay a lot? ›

They also include wealth and asset management jobs, among others. Goldman's front-office New Yorkers can earn salaries of between $80k and $110k as analysts and $130k and $175k as associates.

What are Goldman Sachs key qualities? ›

Our purpose comes to life through our four core values: Partnership, Client Service, Integrity, and Excellence.

How do you answer why do you want to join Goldman Sachs? ›

1. "Goldman Sachs is the best place to start a career in banking" Or, to be specific: "I understand that you have a huge online learning facility with webinars and customized modules that will teach me everything I need to know about the banking industry.

What do I need to get into Goldman Sachs? ›

Application Checklist
  • Contact Information. Current address, email, preferred contact number and other relevant contact details.
  • Education. University degrees and dates.
  • Examination Results. ...
  • Grade / GPA. ...
  • Personal Statement (Mandatory for EMEA only) ...
  • Language Skills. ...
  • CV / Resume. ...
  • Academic Transcripts.

What GPA do you need for Goldman? ›

Currently, a GPA around 3.7 is often preferred for interviews at large banks, while elite boutiques and bulge bracket firms like Goldman Sachs and Morgan Stanley may look for a GPA of 3.8 or higher. The average GPA of successful candidates often hovers around 3.85.

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