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Goldman Sachs Jobs: How Graduates Get Hired

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The Wall Street Journal

The Wall Street Journal

10 жыл бұрын

Goldman Sachs only accepts around three percent of job applicants. Who gets hired? How much are they paid? WSJ's Jason Bellini has #TheShortAnswer on what college students considering investment banking should know.
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Пікірлер: 397
@Rainman___
@Rainman___ 5 жыл бұрын
Narrator: "Like travis who studied ethics, politics, and economics.." Me: Ohhh I majored in Econ! Narrator: "...At Yale" -____-
@realsemig
@realsemig 4 жыл бұрын
yale is gay
@thiagogregory1
@thiagogregory1 3 жыл бұрын
LOL
@leeo268
@leeo268 10 жыл бұрын
Basically, you need to graduate from Ivy with finance related major, then do an internship in related field and like it.
@avronfernandes7324
@avronfernandes7324 9 жыл бұрын
They hire a lot of people from all over the world. In the US they hire extensively from small colleges and even state colleges.
@al2al2alify
@al2al2alify 6 жыл бұрын
or you can be a minority
@AlexSmith-uu2yh
@AlexSmith-uu2yh 5 жыл бұрын
Not necesarilly, both my bother and sister went to State colleges and got job offers from goldman sachs and various other banks. In the end, my sister went with Merril Lynch and my brother with JP Morgan. Both went to state colleges and both got hired at extremely competitive jobs
@otk88403
@otk88403 5 жыл бұрын
@Michael No he's right. If you're not an Asian male or a white male, your odds of getting hired are a lot better.
@samajlo4336
@samajlo4336 5 жыл бұрын
@@AlexSmith-uu2yh I'm doing my degree in CS. How can I go for IB? Please give some tips.
@ominous450
@ominous450 5 жыл бұрын
Seems like a lot of trouble for $80K starting salary in NYC
@_godsl4yer_
@_godsl4yer_ 5 жыл бұрын
Most workers will make 200k+ after around 6 years from being an analyst...
@superblitz2274
@superblitz2274 4 жыл бұрын
@Colin Senick half a mil???? As an analyst? How?
@josephgarcia87
@josephgarcia87 4 жыл бұрын
⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ ALPHA ASF
@void7799
@void7799 4 жыл бұрын
Mehul Parashar by 27 you would be vp
@firstnamesecondname5341
@firstnamesecondname5341 4 жыл бұрын
Admittedly this is over fifteen years ago but then, I knew two people who worked 90 hour weeks for 18 months with no holiday, they would skip the breaks to keep track of their projects, all for only £8,000 a year. However, at the end of their third year the bonus to them each was a nice fat cheque for over £1,000,000. The whole point was to weed out the weak & entitled, to draw out the grafters, the hungry, the determined to succeed, the ones that would stick around and show loyalty. Survive the first three years and your payday came good, from there on in they where on a minimum of £150,000 a year plus bonuses
@Blank-qf6ui
@Blank-qf6ui 8 жыл бұрын
forgot nepotism for a recommendation
@maxcruz1850
@maxcruz1850 9 жыл бұрын
do u guyz accept gender studies majorz?
@frankfei9130
@frankfei9130 9 жыл бұрын
Lol, that's financial suicide
@maxcruz1850
@maxcruz1850 8 жыл бұрын
***** .
@TurfDoe
@TurfDoe 8 жыл бұрын
Nice try. Gender studies majors are all Bernie and Hillary supporters.
@Space_math.engineer
@Space_math.engineer 7 жыл бұрын
Max Cruz lol
@CM_Burns
@CM_Burns 7 жыл бұрын
you mean feminists? I sure as hell hope not!
@parthoroy9141
@parthoroy9141 5 жыл бұрын
Does working at Goldman Sachs increase your chances of getting a reservation at Dorsia? Asking for a friend
@haq5549
@haq5549 3 жыл бұрын
underrated comment
@Anonymous-jf2gy
@Anonymous-jf2gy 3 жыл бұрын
No, we have to filter through all the riffraff. The only way you're getting a reservation if if you're either VP or higher
@dylan_timov
@dylan_timov 7 жыл бұрын
It's still easier to get a graduate job in the States. Here in the UK you need to go through countless levels until you even get to the interview. The following recruitment process is being used in the UK to recruit Analysts at Goldman Sachs. 1. Online Application (consists 4 questions with 300 words each to express your motivation) 2. Online Tests (Numerical, Analytical, Logical) 3. Motivation (They contact you to ask you to fill another section of your application. Not that you didn't fill 1200 words already) 4. Telephone Interview (Competency-based questions) 5. Assessment Center (20 applicants doing group exercises) 6. Final Interview 7. Offer All this starts in October the previous year to recruit graduates in September next year.
@bobbilly1672
@bobbilly1672 7 жыл бұрын
Moff Vlogs haha lol
@bobbilly1672
@bobbilly1672 7 жыл бұрын
Moff Vlogs try getting a job on Wall Street my friend take what you have written multiply it by 60 and value yourself as a piece of dog shit stuck to the bottom of a pair of Sketcher sandals
@TurfDoe
@TurfDoe 7 жыл бұрын
+Moff Vlogs That's easy as hell
@jorgemarquez4642
@jorgemarquez4642 4 жыл бұрын
Gracias Mr. Dylan es la mejor respuesta o comentario efectuado.
@doughboi007
@doughboi007 5 жыл бұрын
Very sad that i didn't know what i wanted to do in high school. I would have tried harder and gotten into a better university :(
@Shinesaur
@Shinesaur 4 жыл бұрын
Get your gpa to 4.0 and transfer to a target school. It’s never over, only time it becomes impossible is when you give up
@TLiu-1b
@TLiu-1b 3 жыл бұрын
@@Shinesaur inspirational asf dude
@AmruthReddi
@AmruthReddi 2 жыл бұрын
Me Too mate though you commented this 2years I wish i thought what you said at the same time
@dogestranding5047
@dogestranding5047 7 жыл бұрын
Those students who supposedly have an interest in finance should read "Why I Left Goldman Sachs" by Greg Smith.
@eastwood7941
@eastwood7941 9 жыл бұрын
Its actually very true, a lot of these top companies target ivy league graduates. Its actually very easy to get an internship and full time offer if you graduated from an ivy league and with leadership experiences(join clubs). But they also target good schools that are not ivy leagues.(Not a lot tho)
@kkuo13
@kkuo13 5 жыл бұрын
Not true at all. I go to an ivy league and it's still hard to get into goldman even with military/leadership experience
@grahambutler734
@grahambutler734 4 жыл бұрын
Second rate school and run your own Portfolio and you shoild be good?
@DumaHuma
@DumaHuma 4 жыл бұрын
@@grahambutler734 personal portfolio doesn't matter, never came up once in my interviews. But it does help if you're active in a investment club at your school and help operate a student run portfolio.
@tieronemanagement2273
@tieronemanagement2273 3 жыл бұрын
@@kkuo13 well he didn't say it was easy
@NotBen101
@NotBen101 6 жыл бұрын
Another way to do this is if you go to a state school. Major in accounting and go into transactions at the big 4 accounting firms. Then you can probably go to Goldman from there. However extremely competitive. Or you can try to do an operations role with a data science background or a comp sci background.
@Liberty_Freedom_Brotherhood
@Liberty_Freedom_Brotherhood 6 жыл бұрын
How's the ethics working out for you, Travis? 😂😂😂
@Dakid015
@Dakid015 4 жыл бұрын
When the question "Will they look at your grades?" came up and he paused, I was hoping it would be a trick question. Then he answered "of course" and I was back down to reality.
@AT-vq6nu
@AT-vq6nu 4 жыл бұрын
And here I'm getting rejected by call centers in new Zealand
@Deathaimgaming
@Deathaimgaming 5 жыл бұрын
Heyo I got an offer from them! They forgot a thing in this video. Network!!!
@kylerollins6483
@kylerollins6483 10 жыл бұрын
Allow me to answer how ppl get in in less than 2.5 min. Are you from an Ivy League school? Yes? You might have a shot. No? Good fucking luck. No.
@danielhyunable
@danielhyunable 9 жыл бұрын
Not true at all. Top schools like University of chicago, Amherst, Georgetown, NYU's Stern undergraduate college are all prime targets for firms of Goldman Sach's stature. "Ivy League" is simply a name for the 8 schools in the same athletic conference.
@danielhyunable
@danielhyunable 9 жыл бұрын
***** I get what you're saying, but there are a few non-Ivy league schools which have just as good or better placement rates than the Ivies. MIT Sloan, UMich Ross, and NYU Stern are prime examples who send many students to BBs and elite Botiques every year.
@lilidays3977
@lilidays3977 4 жыл бұрын
If you're not an ivy league graduate and still got employed by a major ib, then please share your process and how you did it .
@gurdeep1431
@gurdeep1431 3 жыл бұрын
You can't be FAT!
@davontawilliams3958
@davontawilliams3958 2 жыл бұрын
@@gurdeep1431 lol what ?
@peekapeeka6482
@peekapeeka6482 2 жыл бұрын
not an american school but still a target school for major IB. It's a target school for a reason, almost everyone here wants to go into finance. Our alumni's work there, 4th years interned there, upper years will give you the cheat sheet to get in and after you get in you pass that cheat sheet to younger years, the cycle continues. They teach you how to write the perfect resume, how to dress, how to talk, how to network, when deadlines are. In some ways it's suffocating, but yea...
@davontawilliams3958
@davontawilliams3958 2 жыл бұрын
Can I retake my SAT score if I’m already in college?
@caenterprisellc6922
@caenterprisellc6922 2 жыл бұрын
I appreciate Goldman Sachs interest if any, but they haven't reached out to me. My primary interest in Goldman was as an investor, not an employer/employee. I plan to move forward as Founder and CEO of CA Enterprise, LLC.
@JK20239
@JK20239 6 жыл бұрын
Who wants to? 100+ hours a week.. Pass
@habibbialikafe339
@habibbialikafe339 4 жыл бұрын
ppl who are interested in finance, want to make money, and have ambitions for success
@abpreetkaur1041
@abpreetkaur1041 5 жыл бұрын
Just received my offer for a summer analyst at Goldman Sachs. I do not have a finance background and nor am I a math/stats major. Superday was very laid back and pleasantly calming. No trick questions, no gimmicks.
@adampauley2767
@adampauley2767 5 жыл бұрын
Congrats, enjoy spending your whole summer doing nothing. Legit a Goldman Sachs internship teaches you nothing, all you do is shadow people all day, network, and that is it. You will also notice that most of the other people that are summer analysts are complete dumbasses who have no idea what a basic regression analysis is. -someone who has grown up with these idiots.
@abpreetkaur1041
@abpreetkaur1041 5 жыл бұрын
Although the program seems great I decided to not move forward and accept the offer.
@007Fusiion
@007Fusiion 5 жыл бұрын
@@adampauley2767 If you can pass on their numbers..
@davontawilliams3958
@davontawilliams3958 2 жыл бұрын
@@abpreetkaur1041 why ?
@seeker4430
@seeker4430 6 жыл бұрын
Most important unwritten qualification: You must be good looking.
@otk88403
@otk88403 5 жыл бұрын
Unfortunately, that's not true.
@Justin-ev8nn
@Justin-ev8nn 5 жыл бұрын
Based on the images this video has shown, I don't think so
@ilipan2668
@ilipan2668 5 жыл бұрын
GS hires a lot of college athletes and people with a boatload of connections. For various reasons, these type of people tend to be more attractive than the general population. That being said, such a correlation does not imply causation!
@MyIGNameIsSuperThickVegan
@MyIGNameIsSuperThickVegan 4 жыл бұрын
Then I'm in
@thiagogregory1
@thiagogregory1 3 жыл бұрын
@@ilipan2668 yess
@Wangste002
@Wangste002 6 жыл бұрын
They look at HS SAT scores? Wow am I glad that I studied so hard for that test
@Joe-cm6qt
@Joe-cm6qt 3 жыл бұрын
Facts my 1560 coming in clutch
@davontawilliams3958
@davontawilliams3958 2 жыл бұрын
I did bad on that. Does that mean it’s too late ?
@mswoonc
@mswoonc 9 жыл бұрын
I work at BlackRock as an analyst and I get paid 73K....
@dannymccartney3135
@dannymccartney3135 9 жыл бұрын
Max B Did you get straight in Blackrock from Uni?
@danhk9032
@danhk9032 7 жыл бұрын
Only?
@kylekasak6760
@kylekasak6760 6 жыл бұрын
Dan HK Ye 73k a year is a joke. I’m 18 and make more than that as an online entrepreneur let alone from other ventures
@RG3FC333
@RG3FC333 6 жыл бұрын
kyle k for sure buddy
@D00M475a
@D00M475a 6 жыл бұрын
RG3 FC You do realize it's extremely easy to make six figures if you start an online business...
@Swr88
@Swr88 7 жыл бұрын
All of that for 70-80 large at GS offices in some of the most expensive cities in the world in terms of cost of living? Possibly doubled by a bonus if you work enough 18 hour days in a row? But you get the thrill of closing high-profile, high-dollar deals, which will enrich only the executives plus that soul-sucking feeling when you aren't helping anyone, creating anything, or adding value to our society! Am I jealous? Nah. I'm my own boss and I make more working 4 day weeks than 90% of the people at GS.
@PharoahsKingdom
@PharoahsKingdom 6 жыл бұрын
Swr88 What do you do?
@elkhoukhi
@elkhoukhi 6 жыл бұрын
@@PharoahsKingdom he's a pimp
@_godsl4yer_
@_godsl4yer_ 5 жыл бұрын
90%? Most of the workers are at VP level. And VPs get paid $400k to $1m depending on their performance.
@jimminghe5038
@jimminghe5038 4 жыл бұрын
Banks provide liquidity to the market place and give large corporations financial advice(like Google/KZbin and probably the company that made the computer that you're typing on right now). Without them, the world economy would literally not function.
@Pete-da-peter
@Pete-da-peter 6 жыл бұрын
Graduate yale with $299,999.00 debt then work at Goldman sack for $70k a year
@otk88403
@otk88403 5 жыл бұрын
No one graduates from Yale with that much debt because 3 quarters of their students are from wealthy families and the other quarter are given full scholarships. And they make 160k minimum after bonuses at GS.
@darksunrise37
@darksunrise37 5 жыл бұрын
Salaries increase over 15% every year. At the associate level, you start at 150K + bonuses and thats just the tip of the iceberg.
@_godsl4yer_
@_godsl4yer_ 5 жыл бұрын
Wait a decade and get paid near half a million.
@jimminghe5038
@jimminghe5038 4 жыл бұрын
Actually, the average amount of debt for a Yale graduate is only about $8,000 which is literally lower than the amount of debt for the average state school graduate. And the $70k is just the base salary, the total amount(including the yearly bonuses) is around $120-140k which averages to about $10-12k a month. With that amount of money, the average Yale graduate could pay off all their debt in just their first month of working at Goldman. Crazy huh?
@KenshinHimura-eb9bv
@KenshinHimura-eb9bv 7 жыл бұрын
rather work at j.p Morgan they have more revenue. But Goldman's more competitive.
@habibbialikafe339
@habibbialikafe339 4 жыл бұрын
jpm is king of banks rn but goldman is much better place to work. jpm is notorious for longest ours (110-120 per week in IBD), whereas goldman is embracing tech attitude of more casual wear and branching off from your main role to shine in other areas.
@alanfletcher3067
@alanfletcher3067 8 жыл бұрын
If your clever and qualified and want to do this kind of thing, go and work for a decent hedge fund and be a trader, that's where all the big money is since the crash, investment banks have had their day. The days of massive bonuses are long gone, and your literally signing up to spend 12 hours a day watching algorithms make decisions for you.
@dogestranding5047
@dogestranding5047 7 жыл бұрын
Alan Fletcher Too bad few of the kids who go to those cushy Ivy League schools realize that. If you actually have a passion for finance and related subjects, you'd know that working for a hedge fund is way better.
@mastersupernova117
@mastersupernova117 7 жыл бұрын
Both of you are misguided. Working in a hedge fund is often a goal of many of these students, but one can't simply go up to a hedge fund with a diploma in hand and expect to get a job. Working at a hedge fund generally requires a significant amount of prior financial experience, and IB is a common entry-level job that many will participate in in order to transfer over to the buy-side (hedge funds, etc.)
@capturedbytee
@capturedbytee 10 жыл бұрын
Great place for overachievers. :D
@millzimatt
@millzimatt 5 жыл бұрын
They look at SAT scores? I'm screwed.
@007Fusiion
@007Fusiion 5 жыл бұрын
Get your tutor to look at them first😉
@christopherukundo4883
@christopherukundo4883 5 жыл бұрын
Will you guys expand your operations in Rwanda? I would love to work in a challenging environment that will enhance my skills and career goals.
@habibbialikafe339
@habibbialikafe339 4 жыл бұрын
they will no respond to a comment and this channel is not run by GS but reach out to employees in your area via linkedin
@samin6797
@samin6797 5 жыл бұрын
Me: Would Goldman hire me ? My name is Jeff.
@mehul88
@mehul88 4 жыл бұрын
Is your name " Jeff Goldman " ? It might work
@andrewkim485
@andrewkim485 7 жыл бұрын
thats interesting because one of their hr managers said they dont care how good you are at finance. a bit ambiguous dont you think?
@saranshsoni171
@saranshsoni171 5 жыл бұрын
They want someone who can be mould according to their liking. They should be the best in their discipline of academics
@sasha1551
@sasha1551 4 жыл бұрын
I served in the military until was 23 and now I am currently thinking about transfering to either university of michigan or columbia university. If I transfer to umich, they'll accept all my credits and ill be done with school when I turn 26. However, if i go to columbia, i probably wont graduate until im 27. i'm thinking about just going to umich. I'm not really sure if i want to pursue a career in investment banking. I hear its miserable and you literally have no life, just work all day every day. And it takes several years to actually start making in the upper 6 figures.
@C14L07B19J95
@C14L07B19J95 6 жыл бұрын
I am currently holding a Bachelor's degree in Mathematics and planning to pursue postgraduate studies. I have been made two offers; from LSE - MSc in Financial Mathrmatics and from Bristol - MSc in Finance and Investment. I desire to pursue a career as a Financial - Quantitative Analyst, working for brokerage firms or banks. Which of them should I choose to follow? I appreciate your help a lot!
@notanikdey
@notanikdey 3 жыл бұрын
LSE
@houstonandLacfan
@houstonandLacfan 9 жыл бұрын
Can you get hired there if you didn't go to an ivy league school or something of the kind? My inclination is to say no.
@franchino88
@franchino88 9 жыл бұрын
***** lol dude I was jokin, I'm sure if you're good enough they'll give you a chance
@Angrylittlelouie
@Angrylittlelouie 8 жыл бұрын
The best way for them to secure bright- hardworking people is to look inside the Ivy Leagues. It's a safe bet for them. However, if you want to show them that you are just as good then you would eg. Start a blog or Website Where you submit your own personal research papers and written summaries followed by your Predictions, Data Tables, etc Then, after you've proven that your strategic models could work well for investors you could sell your website for the employers to check out. It would be easy for them to look at your work objectively and decide whether you have the right stuff for the job (Financial Anylyst). This is a good way to sell yourself to them as an intelligent-diciplined person. Others will have to rely heavily on their University Prestige and GPA avg.
@Angrylittlelouie
@Angrylittlelouie 8 жыл бұрын
The best way for them to secure bright- hardworking people is to look inside the Ivy Leagues. It's a safe bet for them. However, if you want to show them that you are just as good then you would eg. Start a blog or Website Where you submit your own personal research papers and written summaries followed by your Predictions, Data Tables, etc Then, after you've proven that your strategic models could work well for investors you could sell your website for the employers to check out. It would be easy for them to look at your work objectively and decide whether you have the right stuff for the job (Financial Anylyst). This is a good way to sell yourself to them as an intelligent-diciplined person. Others will have to rely heavily on their University Prestige and GPA avg.
@user-wb2wb5oz5c
@user-wb2wb5oz5c 8 жыл бұрын
This is bullshit, I know a guy who was mediocre and did not possess a superb command of the English language at my university and he got into goldman. The statistic probably hides the fact that almost all of the "applicants" applied via internet as so many people adecuate/non-adecuate apply
@tarekamer1854
@tarekamer1854 5 жыл бұрын
70 to 80 grand ... seriously!!! Car salesman can make more than that
@rahulnarjiary4887
@rahulnarjiary4887 5 жыл бұрын
Ethics at Goldman Sachs ??
@ddk9467
@ddk9467 4 жыл бұрын
they keep him around for congressional hearings
@kevinrandalrulach
@kevinrandalrulach 6 жыл бұрын
Wish I'll get a chance in my next life atleast :(
@habibbialikafe339
@habibbialikafe339 4 жыл бұрын
how old r u
@DesmondRulachDestron35_destiny
@DesmondRulachDestron35_destiny 4 жыл бұрын
His 27 something.. I think he kinda changed his mind about this and going to mars :p
@kamillaiqbal2167
@kamillaiqbal2167 5 жыл бұрын
Thanks for the info. I appreciate the video and spreading info.
@OrganicLithiumFarm
@OrganicLithiumFarm Жыл бұрын
People are drawn into a Goldman Sachs Jobs not because solely for the pay but because of the idea that it's hard to "get in" and it sort of challenges many people aside from it sounded prestige.
@jack-o-trades304
@jack-o-trades304 3 жыл бұрын
I know plumbers making more than 80k lol. Don't waste your time if you are not making over 150k starting out.
@BossChronicles
@BossChronicles 9 жыл бұрын
Accept philosophy majors ?
@ilipan2668
@ilipan2668 5 жыл бұрын
Probably, actually. Philosophy is actually a pretty difficult major and can showcase critical thinking
@Metrowhite
@Metrowhite 8 жыл бұрын
So, do you want to work for the devil?
@duypham7411
@duypham7411 8 жыл бұрын
+Metrowhite tons of money and opportunities ? why not ? We are finance people =))
@l01l01l01l01l01l
@l01l01l01l01l01l 5 жыл бұрын
Sure. If it pays well.
@dhagaweyne1
@dhagaweyne1 5 жыл бұрын
Give me if it pays!
@007Fusiion
@007Fusiion 5 жыл бұрын
I will sleep by his side!
@Kuziai
@Kuziai 4 жыл бұрын
I never went to fancy uni and never worked in bank but im 110% I m better trader than all of you combined :))))
@SamvitAgarwal
@SamvitAgarwal 6 жыл бұрын
Currently I'm actively debating between majoring in computer science and finance, as I like both subjects quite a lot. My inclination however is to go for computer science as I am slightly more interested in it and have a feeling that the job prospects are better with a comp sci degree. If I do do this however, will it be possible for me to break into investment banking at a decent bank? (Maybe with an MBA?)
@fakeapplestore4710
@fakeapplestore4710 6 жыл бұрын
Samvit Agarwal cs all the way. Finance is limiting
@JustinIm27
@JustinIm27 6 жыл бұрын
Have you looked into quant finance? Best of both worlds if ur interested. The top quant funds are filled with some of the most accomplished computer scientists, engineers and physicists in the world
@fakeapplestore4710
@fakeapplestore4710 6 жыл бұрын
yes but all those finance people like quaint had post grad degrees
@Thewiseone124
@Thewiseone124 4 жыл бұрын
Dude are you still alive? how did your life turn out?
@Oktaviii
@Oktaviii 5 жыл бұрын
I’m glad I chose medicine over finance
@prayagmehta9738
@prayagmehta9738 4 жыл бұрын
@@FRACP more money in a job in medicine than finance
@habibbialikafe339
@habibbialikafe339 4 жыл бұрын
@@FRACP did you work in both? what did you specifically?
@habibbialikafe339
@habibbialikafe339 4 жыл бұрын
@@FRACP where at and what industry/product group?
@habibbialikafe339
@habibbialikafe339 4 жыл бұрын
@@FRACP gotchu. I'm working at HSBC this summer (virtual) and entering my senior year of undergrad. Congrats on graduating (I'm assuming). Why is it you like the medical field more?
@habibbialikafe339
@habibbialikafe339 4 жыл бұрын
@@FRACP why did you do IB then?
@bjarkebgebjerg8206
@bjarkebgebjerg8206 6 жыл бұрын
do i need any previous experience in scamming people. or will i just learn as i go?
@Mr74261000027
@Mr74261000027 5 жыл бұрын
-bab- bab Just make sure you're innocent and able to be corrupted, and it's all good
@habibbialikafe339
@habibbialikafe339 4 жыл бұрын
who did they scam
@tamaolemaa
@tamaolemaa 7 жыл бұрын
In other words, FORGET ABOUT IT. You have a better chance of flying to the moon.
@kirdnehh
@kirdnehh 6 жыл бұрын
I didn’t know over 3,000 people fly to the moon every year
@djml7ml797
@djml7ml797 6 жыл бұрын
Kirdneh You'll be surprise with everything the government hides from us. Top-secret projects and what not, it's easier to suggest you can fly to the moon.
@007Fusiion
@007Fusiion 5 жыл бұрын
@@kirdnehh I didn't know some people already lived on the moon.
@TheGlassbro
@TheGlassbro 5 жыл бұрын
I worked at GSAM, most of this is false
@prithakshrestha
@prithakshrestha 4 жыл бұрын
What are false? The pay, recruit or the race that are shown.
@habibbialikafe339
@habibbialikafe339 4 жыл бұрын
how it false. seems like pretty standard stuff all BB do in recruiting.
@bw5187
@bw5187 2 жыл бұрын
You should probably focus on making yourself rich instead of applying to the insane asylum.
@geestaboy5284
@geestaboy5284 4 жыл бұрын
Be personable. Yet they want you to know their stocks, and what they’re up to
@habibbialikafe339
@habibbialikafe339 4 жыл бұрын
those are not contradictory.
@boozantine
@boozantine 9 жыл бұрын
I'm 14 years old and becoming an investment banker is my dream job. I really want to get into trading, but I don't have much money. Is there anything I can do to help myself get where I want to be?
@nvlptl
@nvlptl 9 жыл бұрын
+MysteriousGamer go to an Ivy League. That should be your number one priority.
@haileynichelle8343
@haileynichelle8343 8 жыл бұрын
+MysteriousGamer Being passionate about the subject is a great first step! It's much easier to learn about things you're interested in. Interviewers love when you know a lot and can show your passion in a professional way. You do not have to go to an Ivy League university - I'm a senior at a state college and I still got in. What you should do is keep you GPA high, get good test scores, participate in high school and college extracurriculars and leadership opportunities, and keep your eye out for internships! Internships are the best way to get your foot in the door. Also, be aware that investment bankers have a different function than traders, though both are finance-related. There are plenty of stock market simulations you can use to practice trading, like TD Ameritrade's Paper Money, that you can download and use for free. Hope that helps!
@tmac642
@tmac642 8 жыл бұрын
Don't be an investment banker more than likely you won't ever become a trader at an investment bank, I'm 18 and considered it but the pay after tax and having to pay rent in a city like New York is absolute hell
@Cyb0rgLP
@Cyb0rgLP 7 жыл бұрын
I am also 14 and want to become a trader at Goldman Sachs. I just don't know how I could afford Harvard or another good university
@bobbilly1672
@bobbilly1672 7 жыл бұрын
Der Boss never doubt yourself, you will make the money back in the long run. It will set up your foods as well if you ever have some. DO NOT ASSUME IT WILL NEVER BE PAID
@danielrajnakka6593
@danielrajnakka6593 9 жыл бұрын
I have lot of in trust to join investment banking jobs, because it's amazing and most passinating jobs. Hopefully i get throught one day!!
@Letsbefriends88
@Letsbefriends88 2 жыл бұрын
RAN on the ASX. 99% down. Good investment??
@firmament8647
@firmament8647 5 жыл бұрын
Why the applicants need to submit SAT scores????
@Rocksteddybelmont
@Rocksteddybelmont 7 жыл бұрын
you heard the colleges and mention Yale Dartmouth if you can go into these Ivy League schools don't even try applying there's a man on KZbin called Aaron clarey check him out
@goldentabbers8799
@goldentabbers8799 5 жыл бұрын
@Michael you're grammar.... Follow your own guidance.
@mondomusic1284
@mondomusic1284 5 жыл бұрын
High school SAT scores? Ok so I go to undergrad and Masters and do amazing but I submit my SAT which sucks and get rejected for it? A lot of things change for in 6 years especially after college
@Justin-ev8nn
@Justin-ev8nn 5 жыл бұрын
Mondo Music Pretty sure the sat score is one of many factors that they look at lol. It's not a make it or break it factor
@andrewusa14
@andrewusa14 7 жыл бұрын
what college would be best for Goldman for graduate school students
@fakeapplestore4710
@fakeapplestore4710 6 жыл бұрын
andrew brown Harvard, Wharton, Yale etc
@PharoahsKingdom
@PharoahsKingdom 6 жыл бұрын
andrew brown IVY league for Goldman fam.
@davontawilliams3958
@davontawilliams3958 2 жыл бұрын
Wharton
@charlesxu735
@charlesxu735 7 жыл бұрын
Too big to fail. These big banks should be broken up.
@Adel-qo2cn
@Adel-qo2cn 6 жыл бұрын
Looks like someones butthurt because they didn't get a banking gig
@bhart1849
@bhart1849 6 жыл бұрын
That's called the Fed..
@AMITHHILLSHOW
@AMITHHILLSHOW 8 жыл бұрын
Nice video!!
@davontawilliams3958
@davontawilliams3958 2 жыл бұрын
Is this still true today ? Or has it changed ?
@ByzantineCapitalManagement
@ByzantineCapitalManagement 4 жыл бұрын
Just Look for what makes you rich. Trust me. Only that matters.
@ThisMightBeBenjaminYoung
@ThisMightBeBenjaminYoung 4 жыл бұрын
instructions unclear got accepted at JPMorgan Chase
@ravindertalwar553
@ravindertalwar553 2 жыл бұрын
Profound Regards From Dr.RAVINDER TALWAR
@SamuelB818
@SamuelB818 6 жыл бұрын
or you can just find another job and be an entrepreneur
@wildsmooth9201
@wildsmooth9201 6 жыл бұрын
I worked for Goldman.... in the mail department.
@007Fusiion
@007Fusiion 5 жыл бұрын
In is in.
@davontawilliams3958
@davontawilliams3958 2 жыл бұрын
Lol
@Hawktotalwar
@Hawktotalwar 8 жыл бұрын
who would even want to join goldman when u have mckinsey with better hours
@ThatBoiT.
@ThatBoiT. 8 жыл бұрын
What are the hours? Is the salary still good?
@exorcists
@exorcists 8 жыл бұрын
Are you talking about Mckinsey & Company here in Dallas, TX?
@Hawktotalwar
@Hawktotalwar 6 жыл бұрын
Probably better on hourly basis than banking
@ravindertalwar553
@ravindertalwar553 Жыл бұрын
I Love America and all Americans
@homo-sapiens-dubium
@homo-sapiens-dubium 3 жыл бұрын
Trust me, you dont want to do this
@mahabharat4985
@mahabharat4985 8 жыл бұрын
Reporter is best.
@millzimatt
@millzimatt 5 жыл бұрын
If I double Major in finance and econ do i stand out ? What if im sum kid from the ghetto that paid for college using the stock market ?
@_godsl4yer_
@_godsl4yer_ 5 жыл бұрын
What university? Forget it if you don't go to a top university. You also need connections and relevant work experience.
@TheMabes69
@TheMabes69 8 жыл бұрын
get a real job producing something, creating something, inventing something, discovering something or helping people...not mooching off of other's wealth in a casino
@daviscleveland1283
@daviscleveland1283 8 жыл бұрын
+TheMabes69 It's a living. Not everyone has the inclination to "create" something. Without business men (lawyers, investment bankers, accountants) all of your "inventions" wouldn't run so smoothly
@maheshkatta9278
@maheshkatta9278 8 жыл бұрын
A real job is the one which is legal and pays money. You dont, cant wont discover or invent something just because you decided to do it.
@CM_Burns
@CM_Burns 7 жыл бұрын
you are so uneducated , it's unbelievable....
@TheMabes69
@TheMabes69 7 жыл бұрын
Ah, my friend, I have a BSc. Biology and Chemistry, Master's in Chemistry, MBA and have worked in biotechnology sector for 20 years in research, sales, marketing, business development, and management. Yes, tell me again how I am not qualified?
@maheshkatta9278
@maheshkatta9278 7 жыл бұрын
TheMabes69 And yet you cant sem to comprehend how real world works. You know research needs funding, and help from either government or businesses. Its not 1800s where you invent something out of blue in your backyard.
@johnjacobs6234
@johnjacobs6234 4 жыл бұрын
It's all nepotism.
@James-vj5hz
@James-vj5hz 6 жыл бұрын
All that for $70-80k ? Lol. An apprentice electrician where I live can make 80k into their 2nd or 3rd year..
@perryellis9645
@perryellis9645 6 жыл бұрын
Your not too bright. Its not the salary that drives people to investment banks, Its the MULTI MILLION DOLLAR BONUSES.
@_godsl4yer_
@_godsl4yer_ 5 жыл бұрын
After 3 years be sure that most GS employees' salaries+bonuses have shot up to around 200k+ as an associate.
@habibbialikafe339
@habibbialikafe339 4 жыл бұрын
ur year end bonus doubles ur salary bro
@ravindertalwar553
@ravindertalwar553 Жыл бұрын
GREETINGS AND LOVE FROM RAVINDER TALWAR JALANDHAR CITY PUNJAB INDIA
@leroyjohnson1438
@leroyjohnson1438 3 жыл бұрын
Not with my Gold. Blackstone
@kslim1013
@kslim1013 6 жыл бұрын
Dont waste your time getting a job at Goldman Sucks! Buy their company, own their asset & control them.....!
@beegum1
@beegum1 10 жыл бұрын
Shareholder education, perhaps.
@Michael-yz4mc
@Michael-yz4mc 6 жыл бұрын
It's really not as hard as you are all making out. You do not necessarily need to go to any Ivy League College nor be a rocket scientist.
@doughboi007
@doughboi007 7 жыл бұрын
It's all about who you know!
@ravindertalwar553
@ravindertalwar553 Жыл бұрын
Long Live Indian American Friendship and Mutual Understanding.
@THEMRblackboy7thst
@THEMRblackboy7thst 4 жыл бұрын
Have a question for some of you guys out there that work in a large investment bank. I have a bachelors in physics and will have a Masters in applied mathematics in business and economics. Do you guys think those are good qualifications? Be honest. Thank you if you reply.
@Juan.Blanco
@Juan.Blanco 4 жыл бұрын
Since maths plays a HUGE part in some areas of finance, i would say you have a solid base in which to build.. But you'll need to start walking towards finance, if you catch my drift..
@THEMRblackboy7thst
@THEMRblackboy7thst 4 жыл бұрын
@@Juan.Blanco and with applied mathematics to economy and business will give me that finance base right?
@blah3467
@blah3467 2 жыл бұрын
depends more on the school and your internship experience tbh, your degree is unlikely to be useful outside of quant (banking is not a very technical/mathematical job - everyone can use excel and Bloomberg)
@Pranav-bt2dz
@Pranav-bt2dz 2 жыл бұрын
I’m a developer at goldmansachs … lol This video bluff and hype .., just do well in interview you will get hired…
@beegum1
@beegum1 10 жыл бұрын
Do they have to turn $3M in revenue to get $160k? I can see why the inequality people who seem educated rarely discuss the distortion directly. The distortion is clearly that there aren't enough rich people and some rich people are way too rich, to the extent that it seems... that is a major problem. I can see why this wouldn't be a great political line of thought. And we're just talking income here, as far as I know, not inherited wealth. Thus, we have, at the super low end, people being excluded from the market by minimum wage, and at the high end ultra-wealthy people excluding people from the luxury market. That's millions more people, who, rather than going out to eat every other day, might hire a servant like only super wealthy or deeply in need (caretakers) people do otherwise. It makes private schooling more difficult... all kinds of stuff... more difficult. It's a real distortion and I expect the government may need to eventually collect massive international power to fix it, because I doubt many businesses will partake. The lack of rich people creates the oligarchy or the feel of oligarchy.
@JanR1995
@JanR1995 6 жыл бұрын
Only 50.000$ per year or month?
@natchaphonnari6335
@natchaphonnari6335 6 жыл бұрын
Valentin Svensberg year at the beginning (actually 70 k) and you get fat bonusses
@Xez1919
@Xez1919 4 жыл бұрын
Yes! Baby 500k bonus yeah!
@Tomahawk1999
@Tomahawk1999 7 жыл бұрын
fraudman sachs?
@carlosc.1568
@carlosc.1568 6 жыл бұрын
Tomahawk1999 Nigman Sachs
@ping01ping66
@ping01ping66 5 жыл бұрын
Goldman Sucks
@Mrg0ldeneye
@Mrg0ldeneye 2 жыл бұрын
So if you suck at school then what ? Lol
@ravindertalwar553
@ravindertalwar553 Жыл бұрын
Almighty God bless everyone 🙏🙏 in the Global World based on Friendship, Mutual Understanding, Peaceful Coexistence,Non Violence and Justice For ALL.
@ravindertalwar553
@ravindertalwar553 2 жыл бұрын
Good morning
@AJ-vl8zw
@AJ-vl8zw 5 жыл бұрын
I have a degree in the gender pay gap, can I get in?
@f1fahad
@f1fahad 3 жыл бұрын
Classism at it's finest
@padamsandhu4127
@padamsandhu4127 6 жыл бұрын
Or you can do computer science and make 100K plus Bonus plus stock for your first job in any Tech company. All these analyst jobs can be automated with AI.
@nocucksinkekistan7321
@nocucksinkekistan7321 6 жыл бұрын
You can't do that though.
@shom1995
@shom1995 6 жыл бұрын
typical indians
@fakeapplestore4710
@fakeapplestore4710 6 жыл бұрын
No Cucks In Kekistan what do you mean?
@nuckingfuts3204
@nuckingfuts3204 6 жыл бұрын
He means that the most complex mathematical modelling the most power computers are capable of today is elementary differential equations you learn in your first year of an applied math degree. Analysts use pde, ode, sde, probability, etc. Computers can't do that.
@ilipan2668
@ilipan2668 5 жыл бұрын
And keep that salary for 10-20 years. Compensation in IB goes up very fast, and most analysts exit for PE or HF. (And I'm an Indian, BTW, not in IB. This is the hard truth.)
@mayurshivhare715
@mayurshivhare715 5 жыл бұрын
I am an commerce graduate from India, how will i get the job there?
@ravindertalwar553
@ravindertalwar553 2 жыл бұрын
Good morning sir
@MrFally2009
@MrFally2009 7 жыл бұрын
Comcast has 1 million applicants a year...
@bonsaikiss
@bonsaikiss 5 жыл бұрын
R A hahahahahahaha
@ilipan2668
@ilipan2668 5 жыл бұрын
Walmart has even more, their acceptance rate too is like 3%
@lilidays3977
@lilidays3977 4 жыл бұрын
I heared you gotta be a certain level of good looking aswell.....😑
@203_Boy
@203_Boy 6 жыл бұрын
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