How to Get an Internship with Goldman Sachs

How to Get an Internship with Goldman Sachs

I searched for about 30 minutes on flickr, wikicommons and photopin and this was the best available image. All the other wallpaper logos were too small

If you’re planning a career in finance and you’re interested in working with a well-known company, getting an internship with Goldman Sachs can be the answer to your prayers. 

Goldmans Sachs is one of the most prestigious financial firms in the world. And considering how the firm received more than 17,000 internship applications in 2013, getting your foot in the door is no easy task. This isn’t meant to discourage you. The truth is, your chances are just as good as anyone else’s. But you have to know how to get into the program. 

Be an Excellent Student

If you’re a recent college graduate, an internship with Goldman Sachs can lead to full-time employment. Since the competition is tough, you’ll need to put your best foot forward and prove that you’re smart academically. You’re required to include your grade point average with your intern application. You might have street smarts and intelligence, but if you don’t have the grades to back up this claim, the company may not select you for their internship program. 

Participate in Extracurricular Activities

Your GPA plays a role in whether you’re accepted into the internship program, but it’s not the only deciding factor. The company also takes other factors into consideration, such as extracurricular activities, volunteer work, employment and community involvement. In the end, Goldman Sachs prefers well-rounded people -- those who can thrive in social settings and work well with others. 

“If we look at someone with a 4.0 GPA but with no extracurricular activities and compare that person to someone with a 3.6 GPA but who has other skills and commitments, to me, that is a more well-rounded candidate,” says Sandra Hurse, co-head of campus recruiting at Goldman Sachs. 

Apply for Internship Online

Goldman Sachs welcomes interns. To streamline the process and make it convenient for you, the company accepts online applications. To apply, visit the company’s career page and set up an online profile. Here, you’ll see a variety of positions for students, graduates and experienced professionals. Choose the option to view intern programs in your country or globally, and then click "apply now" to start your application. You’ll need to register if you’re a new applicant, and then complete the questionnaire. You’ll be asked questions about your skills, education, experience and languages. 

Target Your Resume

Even if an internship with Goldman Sachs will be your first real-world work experience, you need a resume that’s professional and specific. Getting this internship can be a stepping-stone to a lucrative career. If necessary, work with a career coach and learn how to craft a resume that’s results-oriented. You can even hire a writer to create a winning resume. There’s a fee for this service, but it’s worth the cost. 

According to Hurse, some intern applicants make the mistakes of simply listing their activities, rather than focusing on their achievements.

“People undersell themselves by not putting all their accomplishments and telling the full story,” she said. “A one page resume is fine, but make sure you are listing all your accomplishments in that one page.”

Rock Your Interview

If you’re a well-rounded applicant with a high GPA and a killer resume, a recruiter might call to schedule an interview. This is your opportunity to shine and prove that you’re the best applicant for the intern program. 

  • Wear professional attire to your interview, such as a business suit, tie, skirt or blouse
  • Don’t arrive late - arrive 10 minutes early
  • Bring an extra copy of your resume
  • Cover body piercings and tattoos
  • Be confident and offer a firm handshake and good eye contact
  • Do background research on the company
  • Practice impressive responses for, ’why do you want to work with us?,’ and ’why are you a good candidate?

Final Word

Getting an intern with Goldman Sachs might be your only opportunity to work with the company. So, you need to do whatever it takes to beat the competition. These are tough waters, but if you thoroughly prepare for this experience, you can "wow" the recruiter and join one of the best financial firms in the world. 

Sourced Image: Goldman Sachs