<p>Hey guys:</p>
<p>How difficult is it to get an interview for internships at GS compared to the other bulge brackets? Are certain bulge brackets harder to get interviews at than others?</p>
<p>Thanks for any help.</p>
<p>It’s really not that much different between the BBs. As far as actually getting offers it can be random to a degree, maybe culture/fit related. I know people who were offered GS but rejected Citi, etc, etc.</p>
<p>Applicants in Goldman’s interview pool seem to have the highest median GPA/SAT, followed by Morgan Stanley. Other BB’s seems to trail in this regards. It seems that Goldman and McKinsey (maybe Morgan Stanley) tend to attract the very top students.</p>
<p>Do you know where to find statistics on this stuff?</p>
<p>Look, if you have good SATs and GPA and go to a target, you’ll likely get an interview. Statistics aren’t going to say anything different.</p>
<p>This is a fairly standard entry/mid entry level requirement for an interview at GS IBD</p>
<p>The successful candidate will have:</p>
<ol>
<li><p>Superior quantitative/analytic reasoning and problem solving abilities: Bachelor’s degree in a technical field (e.g. economics, math, physics, engineering or mathematical finance) from top level universities as well as near perfect scores in standardized exams such as SAT and GRE</p></li>
<li><p>3-5 years of work experience in either of:
a) Finance: exotic derivatives (equities) trading / quantitative modeling and structuring of derivatives / quantitative modeling of FIG sector companies
b) Quantitative actuarial modeling: For example, modeling of market risks of Insurance liabilities, such as Variable Annuities</p></li>
<li><p>Strong computer programming experience in Matlab, C, C++…etc</p></li>
<li><p>Strong oral and written communication skills including high level of fluency in English</p></li>
<li><p>The desire and ability to play on a team</p></li>
</ol>
<p>Throw out 2 & 3, and 1 does not need to be “near perfect.”</p>
<p>As it has already been said, a strong GPA and a strong SAT score are definitely helpful. At the end of the day, however, they are not as important (to a degree - a 3.6 to a 3.8 isn’t a big diff, but of course, a 3.0 or 2.9 vs a 3.75 or so is a much bigger difference) as the school you attend and your network. A candidate who attends a target school with a solid GPA and strong SAT score and who has networked and used his/her alumni database will have a much better chance than a student attending a non-target with a better SAT and better GPA who doesn’t have that same representative depth in terms of alumni. </p>
<p>Furthermore, the SAT and GPA are great to get the interview, but once you land the interview, it becomes far more about fit (and in some instances, technical skill set) than SAT and GPA, since it is assumed that if you’ve landed an interview, you are capable of doing the job in terms of academic aptitude - whether they can and want to stand you/work with you becomes far more important.</p>
<p>PM me if you have any other questions.</p>
<p>IBanker</p>
<p>so these investment banking firms look at the SAT scores for the tests that were taken in high school - 3-4 years before the date of the interviews??</p>
<p>Yes. So do many other companies, such as consulting firms.</p>
<p>C-Revs, thats a real posting. those are the exact words the HR manager wrote. Of course its not necessary to satisfy everything but it helps</p>
<p>Maybe for lateral hire, but for direct out of school there is no need for work experience, though having a finance internship will probably help chances of getting an interview.</p>
<p>As far as programming goes, its pretty useless in banking. It might help for trading, but its far from a necessity pre-hire.</p>
<p>That’s not a posting for front office IBD - there’s no way IBD would require programming. It’s probably for a strategist.</p>
<p>GS hire a lot more interns than other firms, at the same time they also do not offer as many permanent jobs. They do not ask for SAT scores, but they do ask for college transcript.
</p>
<p>They publish that information some where? There is no way for you to know that. Just a lot of assumptions…</p>
<p>
</p>
<p>most bs made up statistics ever</p>
<p>What is the logic behind asking for the applicants SAT test score?</p>
<p>You are going to judge an applicant based on a test they took when they were 16-17? What does that prove to the employer?</p>
<p>It’s a screening tool, hypothetically to look at those with high raw intelligence. Not perfect, but you need some way.</p>
<p>When do they ask to see an applicant SAT score? My daughter was never asked for her SAT score by any bank. My firm never asks for it either. She had to send in her transcript.</p>
<p>^ My D was asked for her SAT I and SAT II scores as well as her high school average. This was for GS. They also asked for a transcript from college.</p>
<p>I recall this because she called us asking about her HS average and looking for her SAT scores. I recall this because we thought this info was no longer necessary and then …yes it was!</p>
<p>does goldman recruits at binghamton university?</p>