About Goldman Sachs:
The Goldman Sachs Group, Inc. is a leading global financial institution that delivers a broad range of financial services across investment banking, securities, investment management, and consumer banking to a large and diversified client base that includes corporations, financial institutions, governments, and individuals.
Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.
Your role:
Learn from the people through hands-on experience and mentorship
Our Off-Cycle Internships are 3-12 month programs for final-year undergraduate students or recent graduates. Programs are available with our Global Investment Research and Global Markets divisions.
As a participant, you will:
- Experience a wide range of financial services functions.
- Have the opportunity to job shadow current GS professionals and work on case study assignments
Salary & benefits:
The typical salary for an Intern role at Goldman Sachs on average can be SGD 55000 per year. But it may range from SGD 54000- SGD 68000
Benefits:
- Vacation & Paid Time Off
- Maternity & Paternity Leave
- Sick Leave
- Good medical coverage
- Lots of online developmental courses across various topics offered
- Good corporate insurance
- Good annual health benefit package
- Flexible WFH
- Fitness subsidy
Career progression:
Goldman’s best entry-level analysts typically rise to become associates in around three years. Those who do not, tend to leave the bank (voluntarily or otherwise). Three more successful years, give or take, will lead to a promotion to the rank of the executive director or vice-president. The best-performing EDs/VPs will eventually become managing directors — one level beneath the partners.
Work-life balance:
The company provides career growth and work-life balance. The cross-functional team coordination was extremely strong, enabling the company's smooth working. Good work-life balance, no pressure.
It may sound strange to someone who is used to committing 9 to 5 only, but it has been observed again and again that Goldman people buy into Goldman's philosophy. Once they do, they stay for ten years or more. It is not work-life balance and probably not even the opportunities to participate in charitable deeds or join an LGBT committee, but fierce intellectual challenge and the sense of belonging to something worth something. The knowledge that you are on the winning team (most of the time), that you will be stretched but not broken, and that the firm will support you if you give 100% to the cause, that’s worth a bit. Plus remuneration is not bad and your next career step is probably assured.
Culture & vibe:
Freshers with superb time management skills will find it easier to settle in their new role at the firm. Goldman Sachs employees work between 8 and 16 hours every day based on insiders’ experience.
While the work hours are irregular, this is a typical scenario for an investment banking firm. On the bright side, insiders said that they learn more than their peers from competitor firms.
They attributed the multiple learning opportunities to evolving responsibilities, which ensure that no day is the same at Goldman Sachs.
Goldman Sachs employees tend to be committed and driven, as evidenced by the long working hours at the company.
About you:
- Students graduating from a Bachelors's or Masters's degree program December 2021 - December 2022
How to apply:
To apply for this role, simply click the "Apply on employer site" button on this page. Make sure to complete all the required fields and give thoughtful and considered answers.
Only shortlisted candidates may be contacted via email and you may expect up to 3 case study interview rounds with the hiring team.
Sources:
