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How selective is Goldman Sachs internship?

How selective is Goldman Sachs internship?

Goldman Sachs’ 10-week summer internship is no different as it is the major feeder for its full-time analyst and associate programs. It has been reported that more than 15,000 people apply for the Goldman Sachs investment banking summer internship program, and that the program has an acceptance rate of only around 2\%.

What does Goldman Sachs pay summer interns?

According to the job research site Glassdoor, which collects self-reported salaries, a Goldman Sachs summer analyst makes about $5,286 per month.

How long is the hiring process at Goldman Sachs?

The average hiring process at Goldman Sachs takes 54 days, according to research by Glassdoor UK. In a poll by Indeed, 39\% of respondents reported the process takes over one month, 27\% said about a month, while 16\% were hired within two weeks.

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How much does JP Morgan pay summer interns?

J.P. Morgan in New York City, NY Area Salaries

Job Title Location Salary
Summer Analyst salaries – 104 salaries reported New York City, NY Area $81,961/yr
Intern salaries – 99 salaries reported New York City, NY Area $30/hr
Summer Technology Analyst salaries – 78 salaries reported New York City, NY Area $42/hr

Do Goldman Sachs pay interns?

Interns in other banking divisions are less ready for a summer of sleep-deprivation. One intern coming into Goldman Sachs’ operations division said she expects to work from 9am to 7pm on weekdays only. Interns are well paid for their commitment.

What is the average salary of an intern at Goldman Sachs?

Internships in bulge bracket banks are widely recognized as the highest paid internship for students, Goldman Sachs is not an exception. According to CNBC, in 2019, average monthly compensation for an intern in Goldman Sachs is $4200. In investment banking division, interns will be part of a team and can use their initiative.

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What is the Goldman Sachs Group?

The Goldman Sachs Group, Inc. is a leading global financial institution that delivers a broad range of financial services across investment banking, securities, investment management and consumer banking to a large and diversified client base that includes corporations, financial institutions, governments and individuals.

What does Goldman Sachs look for in an applicant?

What Goldman Sachs really wants are people with unusual profiles. This is where the emphasis lies – it’s all about trying to attract a diverse group of applicants who’ve studied history, or English Literature instead of just finance.

How to become a full-time banker in Goldman Sachs?

Hence, an internship in Goldman Sachs is one of, if not, the best way to become a full-time banker in this Wall Street super star. Besides an outstanding resume with ability to master the interview, applicants should intensively network with bankers in Goldman Sachs through school’s alumni, Goldman’s diversity programs or LinkedIn.