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Goldman Sachs Group

Investment Banking Spring Internship Review

at Goldman Sachs Group

Insight / Vacation Scheme (< 4 Weeks)

Investment Banking

London

Review Submitted: April 2022

Overall Rating

4.8 /5

The Overall Rating is the average of all the ratings given in each category. We take those individual ratings and combine them into one final score!

5/5 - Overview of Experience
5/5 - Skills Development
4.8/5 - Company Culture
5/5 - Overall Experience
4/5 - Recommendations and Advice

Overview of Experience

Please give an overview of the insight and what was involved on a day-to-day basis.
The first part of the insight was an introduction to the different departments of Goldman Sachs and the culture and values of the bank. This was followed by a division specific vendor training, case studies, and a wide range of different networking opportunities such as networking lunches. The program also included presentations by employees on their division and their personal experience. During all of the program we were encouraged to ask all of our questions and had the opportunity to network with the employees and our fellow participants.
What was it like understanding all about the business and potential roles available?
We were given the opportunity of talking to employees from different parts of the Investment Banking Division, which enabled us to gain a very wide understanding of the business of the bank in this division. All employees gave their very own personal perspective on their daily work and the differences between the various departments of the bank and how they are interconnected. During the networking sessions, we also talked to employees who had previously been summer interns at the bank so that we could learn more about the summer internship program for which we could interview after the insight week.
Please rate how insightful you found the insight
5/5
How would you rate the structure of the insight
5/5

Skills Development

Have you learnt any new skills or developed existing skills?
Both the vendor training and the case studies where very valuable for us to develop new skills useful for the work in investment banking. The vendor training was intended to give us the knowledge and skills we would need for working on the case studies, which was a great way of getting everyone on a similar level of skills as not all participants were studying business related subjects. During our case study preparations, we received advice by employees and were given personal feedback on our teamwork, presentation and communication skills.
How would you rate the training provided during your experience?
5/5
How would you rate the knowledge learned around industry-specific skills during the experience?
5/5
How would you rate the knowledge learned around personal or professional skills during the experience?
5/5
Please rate how the knowledge learned has helped you with regards to your career development
5/5

Company Culture

How would you rate business leader involvement during the insight
5/5
What was the company culture and general atmosphere like?
For me it was very remarkable how consistent all employees talked about the culture of the bank and one could really feel how important the companies values are to all of the employees, especially the aspects of working as a team and the importance of diversity. Everyone was very open to answer our questions and to talk about their personal experience, regardless of their career level, and many participants arranged for coffee chats, which all employees were very open to. The atmosphere was therefore very encouraging and supportive.
How would you rate the inclusiveness of the culture?
5/5
How would you rate the networking opportunities?
5/5
Please rate how valued you felt during your insight?
4/5

Overall Experience

To what extent did you enjoy the insight?
The insight program was a very valuable experience for me and exceeded my expectations. I enjoyed most the opportunity to get to know a large number of new people, both from inside the firm as well as students from other universities. This made all of the program exciting and varied. The schedule also included a lot of events in a more relaxed atmosphere such as networking lunches, where we could talk in smaller groups to employees. I experienced the culture as very open, encouraging me to get to know others on a very personal level. For me, the four days went by much too quickly.
Please rate your level of enjoyment on the insight
5/5
Please rate how your experience met your expectations
5/5
Were you paid or reimbursed adequately for this experience?
I was reimbursed expenses

Recommendations and Advice

Please rate the future employment prospects at Goldman Sachs Group
4/5
Would you recommend Goldman Sachs Group to a friend?
Yes
What tips or advice would you give to others applying to Goldman Sachs Group
I experienced the interview process at Goldman Sachs as less quantitative compared to other banks. In general, there is a great focus of whether your personality fits the banks culture. When preparing for my HireVue, I found the advice on the companies website very helpful as well as really practicing before taking the recordings. I would encourage everyone to arrange for coffee chats before or at the beginning of the event, which is something I was not used to before participating in the Insight Week, but which many of my fellow participants found very insightful.
In This Review
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