Golfdman Sachs Internship

Goldman Sachs Internship: How to apply

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Are you interested in a career in the financial industry? Or do you want to gain experience in this field? The Goldman Sachs internship is the best way to start your career. Applicants for this program can apply for Summer Analyst Program or the Off-Cycle Internships. Find out about these training jobs in this article.

Overview of Goldman Sachs Internship programs

The Goldman Sachs Internship is a summer or off-cycle internship for undergraduates and graduates in various fields who want to build a career in financial services. It allows participants to gain practical experience working with leading professionals and experts. Thus, they learn the skills and techniques to succeed in this area. Applicants can apply for two major programs: the Summer Analyst Program and the Summer Associate Program. Applications for these programs are open in the summer and run till November 20. It is a twelve-week program that offers enough experience to interns.

While the Summer Analyst Program is for undergraduates, the Summer Associate Program is for graduate students and fresh graduates pursuing higher degrees, including an M.B.A., J.D., Ph.D., or L.L.M. Qualified undergraduate and graduate students must be in their studies’ second or penultimate year. The internship is open to College Sophomores,

College Juniors and Business School Students. 

Requirements for Goldman Sachs Internship

Applicants for this program must meet the following criteria. They include:

  • They must be in the second or penultimate year of their studies.
  • They must enroll in a bachelor’s or master’s degree
  • They must be ready to move to selected locations for the internship

Significant departments and duties of interns at Goldman Sachs

As an intern at Goldman Sachs, you will work or perform tasks assigned to you in the following departments. They include:

  • Accounting
  • Business Administration and Management
  • Communications
  • Education
  • Engineering
  • Entrepreneurship
  • Financial Services
  • Foreign Languages and Studies
  • Government
  • Human Resources
  • Information Technology
  • Journalism
  • Law
  • Marketing
  • Mathematics and Physics
  • Operations and Logistics
  • Project Management
  • Public Relations
  • Public Safety
  • Sales
  • Social Sciences
  • Writing and Editing

Available locations for Goldman Sachs Internship

Participants in this program must be ready to move and work in the following countries and cities. They include:

  • U.S.A.: Albany – Atlanta – Boston – Buenos Aires – Calgary – Cedar Rapids – Chicago – Dallas – Detroit – Houston – Jersey City – Los Angeles – Mexico City – Miami – New York – Norwalk – Philadelphia – Pittsburgh – Salt Lake City – San Francisco – Santiago – Sao Paulo – Seattle – Toronto – Washington, D.C. – West Palm Beach – Wilmington
  • Auckland, New Zealand
  • Bangalore, India
  • Beijing, China
  • Calgary, Canada
  • Frankfurt, Germany
  • Geneva, Switzerland
  • Hong Kong, China
  • London, United Kingdom
  • Madrid, Spain
  • Melbourne, Australia
  • Mexico City, Mexico
  • Moscow, Russia
  • Mumbai, India
  • Paris, France
  • Perth, Australia
  • Seoul, South Korea
  • Shanghai, China
  • Singapore, Singapore
  • São Paulo, Brazil
  • Sydney, Australia
  • Taipei, Taiwan
  • Tokyo, Japan
  • Zürich, Switzerland

Benefits of the Goldman Sachs Internship

Interns at Goldman Sachs will enjoy the following benefits. They include:

  1. Gain real-world experience working on meaningful projects with experts in finance
  2. They will network with other interns and workers at the company
  3. They will get mentorship and coaching from their supervisors and superiors
  4. Learn from industry leaders 
  5. Interns also get compensation for their job.
  6. In addition, they may get full employment at Goldman Sachs after the internship.

How to apply for Goldman Sachs Internship

Applicants for this internship program must visit the company’s website below for the necessary information. In addition, they will submit an online application form with their resume and cover letter. Our internship guide will be helpful when you want to get internship placements in big companies like Goldman Sachs.

Steps to apply for Goldman Sachs Internship

You can use the steps below to apply for this program even without experience. They include:

Step 1. Look for available positions

The first step is to visit the company website for open positions. Goldman Sachs posts vacancies on its website regularly. Therefore you must visit the website to know if some jobs and positions suit your profile.

Step 2. Find out if you meet the requirements

Secondly, check the job’s requirements, skills, and qualifications once you see the open positions. The information you get will be helpful when you write your cover letter because you will know the keywords to use.

Step 3. Fill out an online form

Once you have seen the requirements, it is time to submit your application with other documents you need for the job. Be careful here to make sure to get all vital records. In addition, you will include your name, contact, and other personal information.

Step 4. Submit your application with supporting documents

Then, submit your application online at the website of company. Make sure you have the correct details before submitting them. Plus, you will include the required skills and abilities for the job.

Step 5. Prepare for the interview

The next step for a Goldman Sachs Internship is to prepare for your interview with your employers. Meet former interns to know the questions you will expect from the hiring manager.

However, common questions you may face include the following:

  • “What do you know about our company? Why do you think you should work here? What skills could you bring to this position?”
  • “Describe a time you took leadership. Describe a time you had to overcome an obstacle when working with a group on a project. What are some Excel skills you have?”
  • “Why should I hire you?”

Step 6. Get your internship

Successful candidates, after the interview, will get a notification of their job offer. You will begin your internship at the designated time. However, negotiate your salary and other benefits during the interview.

How to get an internship at Goldman Sachs easily

Students and graduates who want to apply for these internships must consider the following tips. They will be helpful to them. They include:

#1. Make your application direct

Your application must be direct. In other words, it must be specific to the job you want at Goldman Sachs. Only write a particular application for the job you want. Employers like applicants who have the skills and qualities needed for each job. Therefore, you must specify your skills and abilities in your application. Plus, you must include why you are the best candidate for the position.

#2. Try to acquire new skills

Of course, each job and industry requires some specific skill sets. Therefore, you must learn the skills you need to excel in the finance industry. Communication, mathematical, problem-solving, and analytical skills are the basic skills you need for a Goldman Sachs Internship. Try to acquire them or improve them if you already have them.

#3. Research the job, company, and industry

The next tip is to research the job, company, and industry to know what it requires to work at Goldman Sachs. You will also learn about the correct keywords you will include in your cover letter. Using these terms will convince your employers that you are familiar with the industry and job. Thus, it will increase your chance of getting an internship.

#4. Write a good resume and cover letter

Your resume and cover letter are your introduction to your employers. A good resume will highlight your skills, abilities, strengths, qualifications, and work experience. In addition, it will tell your recruiters why they must employ you among other candidates.

In addition, your cover letter must introduce you to your employers. Thus, it will contain your details, contact information, and other vital information. However, do not include what you already have in your cv.

#5. Network with people who are familiar with Goldman Sachs

Also, look for people who have worked or are working at Goldman Sachs. They will give you crucial information, especially when preparing for your interview. Thus, connect with former and present interns and workers at the company. One way of doing this is through LinkedIn.

#6. Look for a reference

It would also help to get a reference that speaks well of your skills and ability to take the position. Your referee can be a professional in the field, a university lecturer, or your fellow worker. Ensure the person can stand in for you when necessary.

Conclusion

Finally, students who succeed in getting an internship at Goldman Sachs use the opportunity to kickstart their careers in a conducive and peaceful environment. In addition, they get help and mentorship from experts and leading professionals in the industry. They also have time to ask questions to learn the skills needed to excel in the industry.