Summer Analyst Review

by Goldman Sachs Group

This review was submitted over 4 years ago, so some of the information it contains may no longer be relevant.

Rating

4/5
  • The Role
    4.2
  • The Company
    4.0
  • The Culture
    3.6

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • Due to the rotational nature of the programme, it was a very up and down experience but the highs certainly outweighed the lows. You were always very aware of the other interns and it was a high pressure atmosphere, with desks unafraid to tell you that you weren't suited to their desk but likewise when you found a fit they also made sure you knew.

    4/5

  • 2. To what extent did you feel valued by your colleagues?
  • Despite GS being one of the most competitive internships, due to having most likely the highest calibre of interns and the rotational aspect, the intern class got on really well and there was a lot of comraderie. The employees were almost always more than willing to talk to you and help you out. It's very clear that they take the internship very seriously as their main source of hiring - so people are very keen to get to know you!

    4/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • Because there are lots of short rotations, you don't have a manager as such. Each desk has a recruiting captain who sort of takes responsbility for you while you are rotating on the desk (and after, if they liked you) and they were very keen to get involved, source the best people and support you. In the final few weeks of the internship the seniors get much more involved - but it's more about assessment than guidance. I found that almost everybody approachable though if you needed help, or just wanted to shadow them.

    4/5

  • 4. How busy were you on a daily basis?
  • Again, varied between each desk. Some desks set projects, others just want you to shadow/speak to everyone as many times as you can and some do a mix. I know some people who worked 16 hour days and didn't get an offer, and some who worked 12 hour days and did. It all depends on your desk, how much extra you ask for and how efficent you are. As a rule of thumb though, you should always be busy during market hours.

    5/5

  • 5. How much responsibility were you given during your placement?
  • was in securities, so we aren't legally allowed to have much responsibility! Again, because of the large number of short rotations, most of the projects were about assessment rather than 'adding value'.

    4/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • My course isn't finance related so not a huge amount - but that was to be expected!

    4/5

    The Company

  • 7. What was the general atmosphere in your office?
  • GS is the top investment bank for a reason - it's lean and has 1 person doing the job of 2 people at other banks. In that sense I can imagine the atmosphere is more intense than in other banks - but I found lots of desks still pretty chilled and always seemed to be cracking jokes. The culture can vary a lot from desk to desk though.

    4/5

  • 8. How well organised was the overall work placement or internship set up?
  • Couldn't speak more highly of the grad recruitment team.

    5/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • Had a week of training on the firm, markets and bond maths in the first week and for the next 4 weeks had a few hour-long sessions from each of the desks. Learning is best done on the desks though and any more training time in a 10 week placement would have eaten up too much time

    5/5

  • 10. What were the perks on your work placement?
  • Subsidised Canteen

    Sports and Social Club

    Subsidised/Company Gym

    3/5

  • 11. How appealing are future employment prospects within the organisation?
  • Very appealing employment prospects but extremely competitive

    4/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • The one thing that let the internship down was a lack of good social events organised by the firm. Friends at other banks had balls and cruises for farewell events - we had drinks at a local bar/pub! There was a good atmosphere and regular friday night drinks amongst the interns though.

    4/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • It's London - but we got paid very well so it was affordable.

    4/5

  • 14. What was the Nightlife like in the area you worked?
  • The City is buzzing on Friday nights - and shoreditch/mayfair aren't too far in a cab after.

    4/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • It's an internship - if you have time to lots of activities you probably aren't working hard enough! There were some sports networks we could join though and you had your weekends free to do with what you pleased (unless you chose to come in)

    3/5

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Details

Internship (1 Month+)

Investment Banking

London

December 2013


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