Goldman Sachs is a multinational investment banking firm. I’ve been able to gather some information on their salaries for 2018 since the job market is pretty competitive out there. Based on my research, I’ve found that the average starting salary at Goldman Sachs for recent graduates is $110,000. Based on my experience, I don’t find this number surprising and would have expected it to be a bit higher seeing as how Goldman Sachs hires the top college graduates in their fields. It looks like they pay pretty well!
Goldman Sachs is one of the biggest investment banks in the world, and a lot of people aspire to be hired by them.I’m currently working at Goldman as an investment banker and I know how tricky it is to find information about their salaries. Often, salary transparency is limited to start-ups, banks themselves are a lot more secretive about theirs.There are a couple of reasons why this bank is so secretive about their salaries. First of all, Goldman is one of the best paying companies in the world. They don’t need any PR around that fact, right? Second, they have a very high employee turnover and they do not want their competitors to know what they are earning in their base salary and bonus. We’re talking $200K+ or even $300K+. That’s nice money if you can get it!
Average starting salary at goldman sachs
And it’s not just Goldman Sachs — most banks have fairly average starting salaries, despite their hefty upfront demands.
Unfortunately, you aren’t guaranteed a position in the company once you are finally hired into it. There are many factors that go into determining who ultimately gets hired and who doesn’t. As long as your GPA is above 3.5 and you have the ability to survive through 2 years of training, there is no doubt that Goldman Sachs will eventually hire you if you really want to be there. It will take some time, but if you can make it through the application process, then Goldman Sachs surely has a place for you.
The Goldman Sachs analyst program takes applicants from all business, finance, and economics fields. Once selected for the program, analysts start out their career at GS in the investment banking division, where they will work on mergers, acquisitions and high-profile financial transactions. This can lead to a permanent position as an investment banker with a competitive starting salary.
If you want an exciting but challenging job, and you’re ready to start your career as a designer, why not consider an internship at Goldman Sachs? You’ll get the chance to work on the latest and most complicated projects, the kind of projects that will help you learn a lot. On top of that, you’ll also be helping the company in question create better designs and products for their customers.
The best way to answer this question is by talking about what analysts do on a day to day basis. As an analyst in investment banking/management consulting/accounting at GS, you will work on one or more teams, under the leadership of a senior analyst who has been with the firm for at least 2 years. The majority of your time will be spent on research and analysis, such as: