Q&A

How hard is it to get an analyst job at Goldman Sachs?

How hard is it to get an analyst job 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.

What is it like to be an analyst at Goldman Sachs?

Goldman Sachs has a reputation for being a highly pressurized, draining place to work in the early years. While it’s certainly true that junior analysts put in long hours, with some working late and sleeping in their offices, the company has policies to make sure that people are taking care of their work-life balance.

Is it hard to get a job at JP Morgan?

JP Morgan is extremely selective about who it hires. According to its CEO Jamie Dimon, the bank boasts nearly 250,000 “top notch” employees within investment banking, sales, trading and general management and recruits from some of the “best schools in the world.”

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How much does a new analyst make at Goldman Sachs?

First-year analysts — the most junior of investment bankers who are typically recent college graduates — will be paid a $110,000 annual base salary, up from $85,000, according to a person with knowledge of the changes.

What does New Analyst do in Goldman Sachs?

As a new analyst, you will learn about our businesses, develop important relationships, and build career-enhancing skills. As a participant, you will: Gain the skills and knowledge necessary to support our businesses. Have unlimited access to the training and guidance to help you prepare for the next level.

Is Goldman Sachs cutthroat?

Goldman Sachs, which made a profit of about $1 billion in the fourth quarter, is known for its intense work ethic and cutthroat culture. Each year the investment bank culls its ranks of underperforming executives and traders. Goldman officials are also politically active.

What does Goldman Sachs pay analysts?

Goldman Sachs Salary FAQs How does the salary as an Analyst at Goldman Sachs compare with the base salary range for this job? The average salary for an Analyst is $72,818 per year in United States, which is 4\% lower than the average Goldman Sachs salary of $76,561 per year for this job.