This is how you get into Goldman Sachs. Double major in economics and finance from an Ivy League school with a 3.7 gpa and about 4 internships related to banking on your resume.
I worked at Goldman for 4 years. Got the position through an older colleague who referred me to a manager on his floor. The guys who got in through the traditional interviewing process had to go multiple rounds and had perfect resumes, and haircuts.
This dude works in HR and therefore has basically no say in hiring decisions. I would ignore most of what he says. Go to a target school, be a stud, interview well and you'll have a chance. Don't cry, and definitely don't ask about work-life balance.
Coming from a bit of a target school myself, the school isn't just a name on a resume. For one, upper year students and school clubs can help you cultivate the perfect resume. They give you all the possible questions you need for an interview, and help you do mocks to prepare. Teachers and alumni's often refer people just because you guys go to the same school and had a nice coffee chat. It's a lot easier than being from a small school where everything is trial and error.
I think that luck can be a big factor in any sort of job recruitment! I go to an average school, my parents worked in food service, and I don’t have any IB experience at all - yet I made it to GS. Sometimes it’s just casting a wide net and all it takes is one recruiter who believes you have potential. Keep your head up!
I spoke with an alum from my high school that worked at mckinsey and he said they were looking for people that were high impact. I would imagine the same at goldman. A lot is interviewing well, knowing your resume, and telling powerful, albeit super short stories. The interviewer will really be able to assess if you went through a lot. Your hard work will show! I read a post about somebody that worked at mcdonalds and it was amazing what they said they learned there. Much more than flipping burgers... Good luck! I wish I worked at goldman right after college
There’s pretty much 2 ways in: you go to a target school which the firm actively recruits from, or know someone on the inside who bring your resume directly into the hands of a supervisor/Hiring Manager.
If you want to be in GS Private Wealth Management the #1 thing you need to demonstrate in an interview is that you will be able to open accounts and make the bank money. If you can do that the rest of your credentials hardly matter at all.
we all know that non related majors can work at a financial field. What we really want to know is what these ppl (non related majors) should do in order to get in the field.
I got an interview for an internship only open to Harvard, MIT, Wharton and Stanford because of grit. People love to see it, and firms are looking for a way to quantify it.
I like this guy he is very personable and realistic. A lot of interviews expect you to never admit failure or never cry or never admit you are looking for work life balance. It's refreshing to hear that he acknowledges these things are reality and a huge factor when people are looking for jobs.
I let a few tears slip and asked about work-life balance during an interview... didn't get in ... Guess I didn't cry hard enough, aite next time I'll sob out the whole Nile River
I spent the first 7 years of my career at Goldman, when it was a private partnership until just after its IPO. It’s a great institution because of the fantastic people that work there. What I learned there and the people I met have been absolutely critical to my career success. My business partner also spent 7 years at GS and we overlapped although we never met. I find that having GS work experience in common with someone is a positive and the alumni network is strong, as strong as any university’s, such as the network from UPenn which is my alma mater.
Agreed. Great to hear about such a positive experience. It seems to me that at the end of the day, companies’ like Goldman have a culture that one can either adapt and thrive in or become disillusioned and upset and fail. I think it’s up to the person themselves.
@@MMmm-bg9li I think most people underestimate how critically important it is to choose a firm with the right culture for you. I was fortunate to have worked at Goldman and at another Wall Street firm during my summers at college. I chose GS because I thought the culture fit me better although the other firm was offering more money. I thought if I took the money, that was a short term sugar high but the more long lasting benefit would come from working at the firm where I fit in best.
jakera land Jamie Dimon the CEO of the biggest bank in the US literally came out and said work life balance is the biggest thing to him he literally said he never missed anything his kids did and every single year they take 2 weeks off vacation and go some place
This video is obsolete, I know kids from state schools getting hired at Goldman Sachs right out of school these days. Perhaps it has something to do with the reduced standards for admissions at top schools, but it seems like the playing field has been leveled, at least to some extent. It's really not surprising when you think about how many smart kids grew up the product of the public school system because their parents couldn't afford to send them to $20k/yr Ivy League feeder prep schools. These kids are just as bright as their private school counterparts, but because of a lack of money, they end up in a state school and top companies and investment banks are realizing that. The games that top schools are playing with admissions requirements now are already beginning to bite them. I sincerely hope that Harvard continues race-based hiring practices and ignoring SAT scores, it will truly bring class-based equality closer to reality in this country after more than a century of playing kingmaker to society at large.
I feel like a lot of this is just softing the hard truth about Goldman sachs because I double majored (finance and econ) I am working in college as a teller, I started an investment club, and I still can't even get an internship.
Well, just because you have everything he said doesn’t necessarily mean they’ll give you the internship/job. Having all of those things will only boost your chances, not guarantee it.
@@romeoadams5458 I recommend Accounting or econ, if you want to work as a banker accounting will come in handy but I majored in econ because I genuinely like research.
Blitznstitch2 id say most of it is BS but the weird double major could actually be a huge plus. If you have a finance and bio major you could be a great asset as an analyst for biotech or pharma companies
@SuzyWelch and @DaneHolmes thank you for the advice. Problem is that my competition had many of the answers from their colleges to get hired, just like this year's ago. There's always a way and it's been a college degree. I tried to get hired with no degree at #GoldmanSachs, not enrolled in college, independently, studying the #Series 7 for 2 years at home with my wife and child, w if e working fulltime. With no funding from anyone, a non paid internship- I have been a poverty- steicken wall street intern, passes the #SIE and am passing the @Series7 is and studying 63. Whether I'm interesting or not I habe an 8 year old and I work 7 days a week with no sleep many nights, 0 hrs. There is 0 income. I do not know if community service in College, working in class projects or a high GPA at Stanford Univ could compete with a guy that's willing to do what I did during the Pandemic. I have no quit strategy, I can not hold on much longer and am headind downtown to compete bone to bone wjth brokers. The real question, did you really hire the right people if you lost the biggest shark? Sometimes, real life is not a movie and the #GreatWhiteShark of #WallStreet already interviewed you. Wish you luck because G-s is on my side and that's what makes me unique. #CNBCMAKEIT. #CNBC #NYSE @Greico financial #PENNSTATEUNIV
Its funny not a haha funny but how this video has so little views and its a career to makimg you insainly rich. Im not saying youll make it or... whatever but I guess people are afraid of the corporate world.
No freaking Wayyy you don't just LAND a job to Goldman Sachs. This is like freaking Golden State Warriors of the finance World, humm wait actually maybe BlackRock or Morgan is Golden State. Anyways, you gotta know how to ball in an elite level to get in lol.
This is how you get into Goldman Sachs. Double major in economics and finance from an Ivy League school with a 3.7 gpa and about 4 internships related to banking on your resume.
Or major in anything and know someone who works as a manager
Have a managing director dad or a giant network
even that may not be enough
4? LMFAO
an internship directly with Goldman is how you get in without knowing somebody inside already. and of course you get in because you know somebody.
This guy just wants to sound nice, most of the time it's not case. You'd simply be rejected.
he's just lying
Ted Karabetsos just started living in reality dude...
There’s a 3 percent acceptance rate at bulge bracket banks
Yeah, he sounds really nice though, very lovely
I worked at Goldman for 4 years. Got the position through an older colleague who referred me to a manager on his floor. The guys who got in through the traditional interviewing process had to go multiple rounds and had perfect resumes, and haircuts.
Care to elaborate on your time at Goldman?
@@Aornum123 Why do you ask?
Do you get in right away after referred or you get called to an interview after referred? Is it instant or what?
@@EpidemicVImmunity Because he is curious. Any problem with that?
@@thiagogregory1 Iam the manager who referred him.
This dude works in HR and therefore has basically no say in hiring decisions. I would ignore most of what he says. Go to a target school, be a stud, interview well and you'll have a chance. Don't cry, and definitely don't ask about work-life balance.
lol facts
Fun fact: It is exactly the HR department that takes care of hiring.
@@loreemma3690 Yes but that it is not the reality. When you have 5 stages of interviews, only till assessment center it is dependable on HR
Literally still waiting for a straight answer
Usually the HR guy does the first screening. You need to get through the FIRST screening.
Coming from a bit of a target school myself, the school isn't just a name on a resume. For one, upper year students and school clubs can help you cultivate the perfect resume. They give you all the possible questions you need for an interview, and help you do mocks to prepare. Teachers and alumni's often refer people just because you guys go to the same school and had a nice coffee chat. It's a lot easier than being from a small school where everything is trial and error.
and this is why some of us excel while others dont.
This should be a 5 second video where a random person says "know someone"
no, you mean "get to know someone"
#tedfromwallstreet @realkingofnewyork know me
Target School + Insane GPA + Your dad knows someone = your GS offer
I think that luck can be a big factor in any sort of job recruitment! I go to an average school, my parents worked in food service, and I don’t have any IB experience at all - yet I made it to GS. Sometimes it’s just casting a wide net and all it takes is one recruiter who believes you have potential. Keep your head up!
Can I ask if you like working there ?
Hey, what's your LinkedIn?
This guy just lied to all the poetry majors.
I spoke with an alum from my high school that worked at mckinsey and he said they were looking for people that were high impact. I would imagine the same at goldman.
A lot is interviewing well, knowing your resume, and telling powerful, albeit super short stories. The interviewer will really be able to assess if you went through a lot. Your hard work will show! I read a post about somebody that worked at mcdonalds and it was amazing what they said they learned there. Much more than flipping burgers... Good luck! I wish I worked at goldman right after college
I work in Recruitment and your comment is the closest to what big, hard to get into companies are looking for.
There’s pretty much 2 ways in: you go to a target school which the firm actively recruits from, or know someone on the inside who bring your resume directly into the hands of a supervisor/Hiring Manager.
If you want to be in GS Private Wealth Management the #1 thing you need to demonstrate in an interview is that you will be able to open accounts and make the bank money. If you can do that the rest of your credentials hardly matter at all.
we all know that non related majors can work at a financial field. What we really want to know is what these ppl (non related majors) should do in order to get in the field.
I got an interview for an internship only open to Harvard, MIT, Wharton and Stanford because of grit. People love to see it, and firms are looking for a way to quantify it.
LeverUp Care to share more about your experience and what exactly you did to display “grit”?
yes totally agree. from what I know in finance it'd all about accountability
I like this guy he is very personable and realistic. A lot of interviews expect you to never admit failure or never cry or never admit you are looking for work life balance. It's refreshing to hear that he acknowledges these things are reality and a huge factor when people are looking for jobs.
“We generally like interesting people”
TAMI TAM haha, what a vague statement they made about that. What defines interesting people.
lmaoooo
Interesting is a subjective term...
Basically they want outgoing type A personalities
By interesting people they mean ivy league grads lol
Community work. Yup true. Financial crash needs people who are into community work.
I let a few tears slip and asked about work-life balance during an interview... didn't get in
...
Guess I didn't cry hard enough, aite next time I'll sob out the whole Nile River
Community work is nothing to Goldman Sachs. They want an ivy econ major with a 4.0.
No parent has ever said “don’t do community service while you’re in college” 😂
Unless you're Asian.
I spent the first 7 years of my career at Goldman, when it was a private partnership until just after its IPO. It’s a great institution because of the fantastic people that work there. What I learned there and the people I met have been absolutely critical to my career success. My business partner also spent 7 years at GS and we overlapped although we never met. I find that having GS work experience in common with someone is a positive and the alumni network is strong, as strong as any university’s, such as the network from UPenn which is my alma mater.
Agreed. Great to hear about such a positive experience. It seems to me that at the end of the day, companies’ like Goldman have a culture that one can either adapt and thrive in or become disillusioned and upset and fail. I think it’s up to the person themselves.
@@MMmm-bg9li I think most people underestimate how critically important it is to choose a firm with the right culture for you. I was fortunate to have worked at Goldman and at another Wall Street firm during my summers at college. I chose GS because I thought the culture fit me better although the other firm was offering more money. I thought if I took the money, that was a short term sugar high but the more long lasting benefit would come from working at the firm where I fit in best.
Cool story
That is THE most boring comment I've ever read.
This guys ear hair is wicked... I couldn't stop looking at it
So How To Get A Job At Goldman Sachs?? The vid didn't answer its own question
So how do I get the job?
None of this is true don’t listen to him
Maximo Gamez especially the part about work life balance 🙄
jakera land Jamie Dimon the CEO of the biggest bank in the US literally came out and said work life balance is the biggest thing to him he literally said he never missed anything his kids did and every single year they take 2 weeks off vacation and go some place
Aditya G that’s at at the c level. Mid to junior levels don’t have a balance
As a student studying economics I would love to one day work at a company like Goldman Sachs!
cool dude
Yeah me too. I’ll be applying to be a summer analyst next year
@@MMmm-bg9li Awesome! Best of luck to you!
Calvin Raab Personal Finance Videos you too, man!
Edit: Followed! Nice page
O snap. I've just recently watch ur vids!
This video is obsolete, I know kids from state schools getting hired at Goldman Sachs right out of school these days. Perhaps it has something to do with the reduced standards for admissions at top schools, but it seems like the playing field has been leveled, at least to some extent. It's really not surprising when you think about how many smart kids grew up the product of the public school system because their parents couldn't afford to send them to $20k/yr Ivy League feeder prep schools. These kids are just as bright as their private school counterparts, but because of a lack of money, they end up in a state school and top companies and investment banks are realizing that. The games that top schools are playing with admissions requirements now are already beginning to bite them. I sincerely hope that Harvard continues race-based hiring practices and ignoring SAT scores, it will truly bring class-based equality closer to reality in this country after more than a century of playing kingmaker to society at large.
I feel like a lot of this is just softing the hard truth about Goldman sachs because I double majored (finance and econ) I am working in college as a teller, I started an investment club, and I still can't even get an internship.
Well, just because you have everything he said doesn’t necessarily mean they’ll give you the internship/job. Having all of those things will only boost your chances, not guarantee it.
@@Justin-ev8nn yea i guess your right, but I'd do anything to work for Goldman.
Romeo Adams Whichever major that interests you. You already have finance down so your second can be anything really.
@@romeoadams5458 I recommend Accounting or econ, if you want to work as a banker accounting will come in handy but I majored in econ because I genuinely like research.
Goldman is awesome but they are not the only bank in town. Also working at other banks gives you the chance to transfer laterally.
Strange double major is dumb, community work is good, no it’s not ok to cry!
Obviously. Its a formal work environment. You gotta be strong. Crying is a huge no no
Blitznstitch2 id say most of it is BS but the weird double major could actually be a huge plus. If you have a finance and bio major you could be a great asset as an analyst for biotech or pharma companies
Thanks for the advice.
I’m going to do a double major in economics and chemical engineering I need to get a job at Goldman to be successful
So I can double major in Physics and Finance...... but I don't think that would be the best idea lol
Wow that is a tough four year
I hate to say this but I had clients from Goldman sachs
Most of them depressed as hell from long hours etc and hated it
👎🏻👎🏻👎🏻👎🏻👎🏻
DrEniViSiOn do they have a back up plan?
@SuzyWelch and @DaneHolmes thank you for the advice. Problem is that my competition had many of the answers from their colleges to get hired, just like this year's ago. There's always a way and it's been a college degree. I tried to get hired with no degree at #GoldmanSachs, not enrolled in college, independently, studying the #Series 7 for 2 years at home with my wife and child, w if e working fulltime. With no funding from anyone, a non paid internship- I have been a poverty- steicken wall street intern, passes the #SIE and am passing the @Series7 is and studying 63. Whether I'm interesting or not I habe an 8 year old and I work 7 days a week with no sleep many nights, 0 hrs. There is 0 income. I do not know if community service in College, working in class projects or a high GPA at Stanford Univ could compete with a guy that's willing to do what I did during the Pandemic. I have no quit strategy, I can not hold on much longer and am headind downtown to compete bone to bone wjth brokers. The real question, did you really hire the right people if you lost the biggest shark? Sometimes, real life is not a movie and the #GreatWhiteShark of #WallStreet already interviewed you. Wish you luck because G-s is on my side and that's what makes me unique. #CNBCMAKEIT. #CNBC #NYSE @Greico financial #PENNSTATEUNIV
I'm so glad I'm not a business major lol this just seems so convoluted and opinionated
0:32 0:54 1:20
Math is a good major
Omg biology and economics, that’s me
No thanks, I'd rather work at mcdonalds
lmfaoo
@DroidSage yikes
This didn't age well, now people are crying in anticipation of the axe.
His total bs
I like the video 👍
No degree no deal.
This video seems like glorifying about working in Goldman Sachs. Like as if its everyones ultimate Goal.
I mean it's CNBC tho. And Goldman Sachs is a popular investment bank. It's a common goal. Not necessarily everyone's.
Why would you want to work at Goldman Sachs? Those guys looks like robots.
You can’t have a heart if you want to steal people’s money.
I would sleep better working for the Mob.
Sell your soul and defraud investors,your in.
Bit more than that kid. If that was it anyone could get in.
Essay Ch that's me you can help in a more realistic invoroment in my Realisem in Life person at a sit down somewhere are not?
Is the black thing in his ears hair..?
Its funny not a haha funny but how this video has so little views and its a career to makimg you insainly rich. Im not saying youll make it or... whatever but I guess people are afraid of the corporate world.
Omg no pls dont cry during your interview it looks unprofessional
Guy is awesome. But he straight lied the entire time
exactly hahahaha
Complete bs
Why do all these talented people work at soul sucking goldman?
No freaking Wayyy you don't just LAND a job to Goldman Sachs. This is like freaking Golden State Warriors of the finance World, humm wait actually maybe BlackRock or Morgan is Golden State. Anyways, you gotta know how to ball in an elite level to get in lol.
Goldman is one of the worst place to work... It's Brutal
Can you elaborate more please?
I’m sure it would be brutal if you’re absolutely lazy lol
Hamza Mohammed Being a investment banker is brutal by nature. Every year there’s at least one banker that commits suicide due ti stress.
I rather work for Satan.
Liars
Living fake life
Will people from normal university get a job there
It’s very difficult
Luke Daly 60% at the salt lake branch probably lol
Why work there when you can just dump your 401k into a few top 100 Crypto coins and retire in 2-3 years??
I'll toss a few crypto coins in your homeless cup in the future when I see you begging for change on the street
Tell me you did it and retired
Step 1. Sell your soul to the devil