USultra-elitefull time rotation

New Analyst Program (Investment Banking)

at Goldman Sachs

The most prestigious bulge bracket IB. 2-year analyst program with intense deal exposure.

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Year 1 TC

USD 180k

Acceptance

<2% (approximately 300 analysts hired in US from 20K+ applicants)

Apply By

July-August (full-time), September (junior summer internships)

Interview Time

4 weeks

About This Program

Goldman Sachs IB Analysts work on M&A, equity capital markets (ECM), and debt capital markets (DCM) deals. Known for the hardest hours (80-100/week) but highest compensation and exit opportunities to private equity.

What You'll Do

Build financial models (DCF, LBO, M&A merger models)
Create pitchbooks for Managing Director presentations
Attend client meetings and deal roadshows
Specialize in industry group (TMT, Healthcare, FIG, Industrials)

Eligibility

Degree: Bachelor's, Master's
GPA: 3.7+ (3.8+ at target schools)
Preferred Majors: Finance, Economics, Mathematics, Engineering, Any (if strong GPA)
Year Level: senior

Visa Sponsorship

H1B Sponsorship

OPT / CPT

Top H1B sponsor in finance. Strong intl pipeline.

Compensation Breakdown

Base Salary

USD 110k-115k

Signing Bonus

USD 15k

Year 1 Total

USD 180k

Return Offer

~90% for summer analysts who perform well

Base + year-end bonus (~70-100% of base = $70-110K). Total ~$180-220K first year.

Benefits

Protected weekend time (one weekend off per month)
Gym membership subsidy
Health/dental/vision
401k match
Deal closing dinners (private clubs)

Interview Process (2 rounds)

1
Resume + HireVue (recorded video responses)
2
Super Day: 4-6 interviews with VPs, Directors, MDs (behavioral + technical + fit)

Interview Formats

Technical (accounting, valuation, DCF)Behavioral (Why Goldman, Why IB)Market knowledge (recent deals, markets)Fit (team-fit assessment with multiple bankers)

AI-Powered Prep Tools

chatgpt

Goldman Sachs IB Technical Prep

Master IB technical questions

chatgpt

Goldman Behavioral + Why Banking

Craft compelling fit stories

claude

M&A Merger Model Walkthrough

Build an M&A model from scratch

Prep Resources

courseWall Street Prep (Financial Modeling)

courseBreaking Into Wall Street

forumMergers & Inquisitions (M&I)

bookVault Finance Interview Guide

forumr/FinancialCareers

forumWallStreetOasis Forums

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