How to get into Goldman Sachs as an Analyst/Fresher (with salary expectations)

Dreaming of a career at one of the most prestigious investment banks on Wall Street? Goldman Sachs is renowned for its high standards and challenging recruitment process, but landing a position as an analyst is not an impossible feat. In this article, we will guide you through the essential steps to get your foot in the door as a fresher at Goldman Sachs.

Salaries you can expect

The lowest average salary one can expect at Goldman Sachs is Rs. 2,81,000 which can go as high as a maximum of  Rs. 25,00,000 yearly. Otherwise, here is the table mentioning salaries across different cities in India- 

Source- Glassdoor and Ambition Box

Education and Eligibility

Goldman Sachs typically considers graduates and postgraduates with backgrounds in

 B.E./B. Tech, MCA, M.E./M.Tech, or M.Sc in computer science from recognized universities. Freshers from the 2022, 2023, and 2024 batches are eligible to apply. 

An essential criterion is maintaining a 6 CGPA or having scored at least 60% throughout your academic journey from 10th grade to post-graduation. It's crucial to ensure that there are no active backlogs when joining, as they could lead to rejection. 

The age limit for applicants should be between 18 and 25 years.

Technical Skills

To stand out, you should be proficient in various technical areas, including-

•  Data analytics, 
• ER (Entity Relationship) diagrams for data modeling,
•  Azure Cloud Data solutions, DBMS (Database Management System), 
• Hadoop, 
• Microsoft Excel, 
• SDLC (Software Development Life Cycle), 
• hands-on experience in data/analytics system design, knowledge of graph data models, and data visualization. 

Building these skills is essential for a successful application.

Also, read, Land a job with Google as a Data Analyst

Application and Selection Process

The application process for a Goldman Sachs analyst position involves several stages:

   a. Online Aptitude Test

As a first step, candidates are required to take an online aptitude test to evaluate their numerical, reasoning, verbal, and technical abilities.

   b. Coursework

Upon successful completion of the aptitude test, candidates undergo a 6-week-long coursework aimed at enhancing their technical skills, preparing them for the next stage.

   c. Technical Test

After the coursework, candidates must pass a technical test to demonstrate their technical abilities.

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   d. Technical Interview

 Shortlisted candidates from the technical test will face a technical interview. Expect questions related to your domain and technical expertise.

    e. HR Interview

The final round of the selection process includes a comprehensive HR interview. Here, you'll discuss your personality, strengths, weaknesses, career goals, and personal details.

Employee Review

• The people are smart and getting funding for projects is a lot easier here than in other places I've worked 
• Culture is great; everyone is on top of their game and helpful at the same time
• Good pay and bonus for full-time employees Free transport and Canteen until March February 2023
• Work-Life Balance ( Practically no work-life balance sometimes
•  work is about 12"
• "Some teams work long hours and are understaffed but this is typical in banking not specific to GS" 

Getting into Goldman Sachs as a fresher analyst is an achievable goal if you prepare well and meet the eligibility criteria. By acquiring the necessary technical skills, passing the various tests, and successfully navigating the interview rounds, you can secure a place at this prestigious investment bank. Keep in mind that persistence, dedication, and a strong commitment to learning are key to your success in the rigorous selection process. 

Good luck in your journey to joining the ranks of Goldman Sachs analysts!

Those who are looking to land an interview with this investment company can upskill themselves with our curated course!