Connect with us


The ultimate guide to getting an investment banking job at Goldman Sachs

JobOlena Yakobchuk/Shutterstock

  • Landing a job at Goldman Sachs is tough, but not impossible.
  • We talked to a number of experts about the banks' hiring practices for investment bankers, including the head of human resources Dane Holmes, Wall Street recruiters, executive coaches, and current and former employees.
  • You can read our full guide to landing a job at Goldman here.

Goldman Sachs receives 1 million applications for midlevel jobs each year. About 0.5% of those hopefuls — just 5,000 people — get hired. That makes the bank nearly 10 times as selective as Harvard.

Many applicants in that pool are vying for a spot in the firm's prestigious investment-banking division. The positions are lucrative. According to Glassdoor, average annual base pay for Goldman Sachs' vice presidents and managing directors in the US is $162,000 and $423,000, respectively. And those figures bump up to $198,000 and $588,000 if you include bonus pay and profit sharing.See the rest of the story at Business Insider

NOW WATCH: How Tesla CEO Elon Musk makes and spends his $19.2 billion

See Also:

  • Trump had an unusual reaction to 9/11 just hours after the attacks
  • These photos of abandoned malls and golf courses reveal a new era for the American suburb
  • What happened on 9/11, 18 years ago

Continue Reading