Application process for Spring Intern at Goldman Sachs

Online Application

The application required you to upload a CV. However, they don’t require a cover letter, instead, they ask for a 300-word mini-essay on why you wish to work in the division you’ve applied for. You have the option to apply to 2 divisions. Some say picking one is best as it shows a specific focus in one area, however, I chose 2 (Global Markets and Investment banking).

The 300-word cover letter had to include motivations for applying, typical cover letter info and your qualities. If applying for 2 divisions, be sure to prioritise, as the 300-word cover letter had to cover motivations for both divisions!

How to respond for success

I made sure to do lots of research into the firm and I then related my answer back to why that makes me want to work for them. I also looked into a niche but relevant topics, as this proved I put the effort in. I'd recommend memorising one or two interesting news articles about the firm - (key names/events).

Expect a 1-2 week wait before progressing to the next stage.

HireVue Interview

I was invited to a HireVue for the Global Markets Division. It lasted around 30 minutes. The interview is split into 5/6 questions, where you record yourself answering each one.

You get around 30 seconds to prepare an answer before you have to answer each question. Very different to previous HireVue's that I had done Situational questions - eg things like 'what would you do...' Prepped all the generic things eg 'why Goldman Sachs?', 'why you?', 'why the division?' etc - important to always prep these types of questions regardless of if they come up or not - forces you to do research into the firm which is useful Prepped a bank of examples of situations I had been in/things I have accomplished to use across many different questions Each question had sub-questions to help guide your answer.

Example task

Generally, they were situation based, focussing on dealing with conflicting priorities or disagreements in a team. A couple of specific examples were: ‘Why do you want to work at Goldman Sachs?’ And, 'What would you do if there is a mistake in the work you have done?'.

How to respond for success

Be sure to provide clear answers that follow a logical train of thought. Proceed calmly from one stage of your answer to the next. Explain the rationale behind everything you're saying - why are you doing those things, what effect do they have, what makes it successful? I'd also advise one to follow the prompts (use the sub questions they gave you - they're there for a reason; they want you to cover those answers). Also, be sure to reference the values of the firm in your answers. In terms of attire, I'd say it's best to dress professionally - I wore a smart button down shirt.

Expect a 2-3 week wait before receiving your offer.
Full process available
You'll get a detailed description of the final stages of this application
Full process available
You'll get first hand advice about habits for success and work culture.

HireVue Interview

I was invited to a HireVue for the Global Markets Division. It lasted around 30 minutes. The interview is split into 5/6 questions, where you record yourself answering each one.

You get around 30 seconds to prepare an answer before you have to answer each question. Very different to previous HireVue's that I had done Situational questions - eg things like 'what would you do...' Prepped all the generic things eg 'why Goldman Sachs?', 'why you?', 'why the division?' etc - important to always prep these types of questions regardless of if they come up or not - forces you to do research into the firm which is useful Prepped a bank of examples of situations I had been in/things I have accomplished to use across many different questions Each question had sub-questions to help guide your answer.

Example task

Generally, they were situation based, focussing on dealing with conflicting priorities or disagreements in a team. A couple of specific examples were: ‘Why do you want to work at Goldman Sachs?’ And, 'What would you do if there is a mistake in the work you have done?'.

How to respond for success

Be sure to provide clear answers that follow a logical train of thought. Proceed calmly from one stage of your answer to the next. Explain the rationale behind everything you're saying - why are you doing those things, what effect do they have, what makes it successful? I'd also advise one to follow the prompts (use the sub questions they gave you - they're there for a reason; they want you to cover those answers). Also, be sure to reference the values of the firm in your answers. In terms of attire, I'd say it's best to dress professionally - I wore a smart button down shirt.

Expect a 2-3 week wait before receiving your offer.
Full process available
You'll get a detailed description of the final stages of this application
Full advice available
You'll get first hand advice about habits for success and work culture.
Application Stages
Day in the life
2
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