Spring Programme - Investment Banking Division Review
at Goldman Sachs Group
Insight / Vacation Scheme (< 4 Weeks)
Banking
London
Review Submitted: May 2021
Overall Rating
4.4 /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!
4.5/5
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Overview of Experience
4.5/5
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Skills Development
4/5
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Company Culture
4.5/5
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Overall Experience
5/5
-
Recommendations and Advice
Overview of Experience
Please give an overview of the insight and what was involved on a day-to-day basis.
Daily activities included financial training with an external vendor, preparing/presenting case studies, attending talks and networking. The programme introduced the cohort to the variety of different teams in IBD at Goldman Sachs and even brought in external speakers such as Deborah Frances-White for skills sessions.
What was it like understanding all about the business and potential roles available?
It was very useful from a business insight perspective - they gave an overview of the different teams within IBD, but spent less time talking about how the skills/strengths needed for success within those different teams differed, which I think would have been useful. We had to take it upon ourselves to network with different bankers in order to understand the different roles/teams specifically.
Please rate how insightful you found the insight
5/5
How would you rate the structure of the insight
4/5
Skills Development
Have you learnt any new skills or developed existing skills?
I’ve learned a lot about financial analysis from the intense training sessions we had, for example analysing balance sheets or company reports, as well as basic valuation models. The programme was good practice for soft skills such as networking and teamwork as well!
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?
4/5
How would you rate the knowledge learned around personal or professional skills during the experience?
4/5
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?
The overall culture presented to us as interns was very impressive and exciting, but from individual networking it seemed clear that the culture does vary from team to team, for example if you work in M&A versus financing. However, the insight given by all bankers was incredibly positive and they highlighted that they loved and respected the people at Goldman Sachs and their colleagues more than anything.
How would you rate the inclusiveness of the culture?
5/5
How would you rate the networking opportunities?
2/5
Please rate how valued you felt during your insight?
4/5
Overall Experience
To what extent did you enjoy the insight?
I really enjoyed it and came away feeling so much more excited about a career in investment banking than I had previously - i think the internship would have been even better if it had been in person instead of online, and if there were more networking opportunities with both bankers and our other interns. I would say that networking was the poorest quality area of the insight programme, but overall I absolutely loved it!
Please rate your level of enjoyment on the insight
4/5
Please rate how your experience met your expectations
5/5
Were you paid or reimbursed adequately for this experience?
I was paid
Recommendations and Advice
Please rate the future employment prospects at Goldman Sachs Group
5/5
Would you recommend Goldman Sachs Group to a friend?
Yes
What tips or advice would you give to others applying to Goldman Sachs Group
Think about your key strengths and how they would align with the business - most of the interns and employees that I met were incredibly driven, enjoyed working with others and were dedicated to excellence. Don’t worry if you don’t have much technical knowledge - instead of focusing on this, consider if you are a quick learner and would be able to pick up the technical aspects whilst you are there!
