Goldman Sachs internship - I need your advice parents!

<p>Hi Oldfort - thanks for the advice! Unfortunately I do not have any other companies to try my interviewing skills on, but my career center is getting many alumni from wall street to help me with that :smiley: </p>

<p>I have already interviewed with two other companies (not investment banking related) and I got one of those offers and am waiting to hear back from another one. </p>

<p>They ask finance questions? :shock: what are some finance questions? I’m not worried about the brain teaser questions because I like doing those :wink: how technical do they get with these finance questions? I haven’t taken a finance class yet…</p>

<p>Oh yes, I have the interview attire (which I always feel ridiculously silly in >_<) and I’m a girl so I don’t need the tie…but I will make sure to wear the entire pant + suit, i usually just ditch the suit - thanks for that! :)</p>

<p>Sorry, for some reason I thought you were a guy (a lot of people think I am a dad also). </p>

<p>If you haven’t taken finance class, let them know and most likely they’ll go easier on you. Do read up on some business current events, have a view and be able to defend it.</p>

<p>Something funny - the night before one of D1’s major interviews, I called her up to see if she was prepared. She said, “Not to worry, I have everything set. I know which suit I am going to wear, shoes to go with it, and accessories.” I said, “Honey, I meant have you read up on the company and thought about questions they may ask?” She said, “Oh, it’ll be fine. I say the samething at every interview, I even tell the same joke now.”</p>

<p>so if i tell them that I haven’t taken finance yet, they’ll go easy on me? it won’t be a negative right? :S</p>

<p>Oh yeah I will read up on some current events, I know they like it when you actually know something ;)</p>

<p>OMG! I do the same thing now! Though I do change the questions that I will ask to make it very specific to the company…haha, that’s actually a funny one oldfort >_< and yes, I did think you were a dad…:o</p>

<p>Congratulations!</p>

<p>I know absolutely nothing about GS or any bank, but I would think that even if you didn’t take finance yet you should probably know some basic things - like how bonds work, how bond pricing/yield fluctuates with interest rates, time value of money, basics about various types of investments, etc. Stuff you probably already know from AP econ, TV, or just life. If you don’t know this you can probably find out about it on Google or wikipedia. At least this would show you have some general interest in the investment business. Of course I could be completely wrong and they may not care about “interest” in that way (no pun intended). </p>

<p>But these are good things to know anyway, and sort of interesting.</p>

<p>Now somebody fill me in - what’s so bad about operations? Is this a known thing to avoid? Just curious.</p>

<p>Operations is in support and they tend to get paid less, that being said, seasoned ops person could get paid 200-500k+. They won’t make millions like front office people, at the same time they don’t get burned out as easily.</p>

<p>Bovertine - ok. that’s what I’ll do…my next econ test is on that stuff anyway! :smiley: So i’ll remember it well :)</p>

<p>I was a Civil Engineering student and did the Goldman Salt Lake Ops intern last summer. I wrote a review of my experience with the internship.
[Goldman</a> Sachs Operations Review](<a href=“http://www.thefreshbiz.com/2011/02/15/goldman-sachs-operations-review/]Goldman”>http://www.thefreshbiz.com/2011/02/15/goldman-sachs-operations-review/)</p>

<p>I hope this helps you all get a good feel for what the internship was like.</p>

<p>Make sure to write a thank you note to the interviewer after your interview! Good luck!</p>

<p>Know how to value a company, and be prepared for them to try to rattle you somehow.</p>

<p>freshbiz;
Your link on the “the fresh biz” to interview feedback is broken.
My son had a 2nd interview and I’m curious for feedback.</p>

<p>Brain teasers? :eek:</p>