What is Goldman Sachs' analyst salary?

Goldman Sachs analyst salaries vary by role and location, but generally range from around $100,000 to over $200,000 in total compensation, including significant bonuses; first-year analysts in major hubs like NYC might see base pay around $100k-$110k, with total packages pushing $180k-$200k or more once bonuses are added, while overall median total pay is often reported near $113,000, with top earners exceeding $250,000.

How much do you make as an analyst at Goldman Sachs?

Average Goldman Sachs Analyst yearly pay in the United States is approximately $73,370, which meets the national average. Salary estimated from 1,400 past and present job postings on Indeed.

What is the starting salary in Goldman Sachs?

Goldman Sachs starting salaries vary by role and location, but first-year investment banking analysts, typically recent grads, saw significant bumps to around $110,000 base salary (plus bonus) around 2021, with similar increases for associates. Other analyst roles, especially in tech or operations, might start lower, sometimes in the $70k-$100k range, depending on location (e.g., NYC vs. SLC) and specific department. 

What is the lowest position at Goldman Sachs?

The lowest position in Goldman Sachs's standard hierarchy, especially in investment banking, is the Analyst, an entry-level role for recent university graduates, followed by Associate, Vice President, Executive Director/Senior Vice President, and then Managing Director, with Partners at the very top. Analysts handle foundational work, but roles like Operations Analyst or Client Services Analyst are also entry-level in other departments. 

What do Goldman Sachs analysts do?

The analysts may confer with trading specialists at Goldman Sachs. The analyst may spend several hours conducting valuation analyses of the companies involved in a merger to ensure that the pricing represents an accurate value of the companies.

Investment Banking [Salary + REAL Pros & Cons]

How hard is it to be an analyst at Goldman Sachs?

A Goldman Sachs job is a 'golden ticket'—over 300,000 young bankers try to get one each year. Working as an analyst on Wall Street is famously hard. Young bankers work very long hours, have few days off, and are expected to be on call at all times.

Is a 3.6 GPA bad for investment banking?

A 3.6 GPA isn't considered "bad" for investment banking but sits at the lower end of the competitive range, often seen as a minimum threshold for target schools, with many successful candidates aiming for 3.7+; however, strong networking, relevant internships, and extracurriculars highlighting finance interest can significantly compensate, especially if you're from a non-target school or have a harder major. 

Is Goldman Sachs hard to get into?

Getting a job at Goldman Sachs is notoriously difficult, especially for entry-level roles like internships, with acceptance rates often below 1-2% due to massive applicant pools (hundreds of thousands apply) and intense competition, requiring exceptional academic performance, strong technical knowledge (finance, markets), behavioral fit, and sometimes unique personal qualities, though some non-investment banking roles or experienced hires might have different pathways. 

Which college does Goldman Sachs hire from most?

Goldman Sachs recruits from top universities like Harvard, Stanford, Princeton, University of Pennsylvania (Wharton), Columbia, MIT, and NYU (Stern). While these schools are common sources, the firm also hires from other prestigious institutions.

How much does entry level Goldman Sachs make?

Dre-tier coastal patriotism, however: whereas Goldman's front office analysts earn at least $80k in New York, their salaries start at just $65k in California. Luckily, the salary ceiling is the same - as are the pay bands for associates, who earn between $130k and $175k in both locales.

What GPA do you need to work at Goldman Sachs?

But don't misunderstand, GPA does matter. Goldman doesn't post a firm cutoff, but successful summer analyst candidates typically land with a GPA of 3.5–3.6+, and in ultra-competitive divisions, many shooters aim for 3.7–3.8+.

What is an entry level job at Goldman Sachs?

Our New Analyst Program is a full-time program for final year undergraduate and graduate students. As a new analyst, you will learn about our businesses, develop important relationships, and build career-enhancing skills. As a participant, you will: Learn about the firm and how we do business.

How many hours does a Goldman Sachs analyst work?

Bulge Bracket vs Elite Boutique Banks

The well-known bulge bracket banks like Goldman Sachs, J.P. Morgan, and Bank of America tend to work analyst-level investment bankers at the industry standard scale of 60-80 hours per week. Example Bulge Bracket Banks: Goldman Sachs.

What is the salary of a new analyst in Goldman Sachs?

Average salary is ₹24.4lakhs.

Employees at Goldman Sachs as Analyst earn an average of ₹24.4lakhs, mostly ranging from ₹20.6lakhs to ₹59.4lakhs based on 391 profiles.

What skills are needed to be a Goldman Sachs analyst?

To thrive as a Goldman Sachs Financial Analyst, you need strong analytical abilities, financial modeling skills, and a relevant degree in finance, economics, or a related field.

Is it harder to get into JPMorgan or Goldman Sachs?

It's incredibly difficult to get into either JPMorgan (JPM) or Goldman Sachs (GS), with acceptance rates often below 1%, but recent data suggests JPMorgan's internship program has been slightly harder to crack due to a higher volume of applicants relative to spots, making it about 17% more competitive in recent years, though both remain extremely selective and prestigious. The difference in difficulty can fluctuate yearly based on application numbers and hiring goals, with Goldman often seen as the pinnacle of prestige but JPM also a top-tier, highly competitive target. 

What is the Goldman Sachs 15 minute rule?

The Goldman Sachs 15-minute rule is an infamous, often debated, unspoken expectation for extreme responsiveness in communication, requiring employees to reply to emails or messages within 15 minutes, 24/7, even during personal events like family emergencies, to demonstrate client service and discipline, though many find it unrealistic or toxic. While some executives advocate for quick acknowledgments ("Will be back shortly") as a standard practice, it's seen as a hallmark of intense corporate culture, setting high expectations for client management and quick turnaround. 

Which degree is best for Goldman Sachs?

We invite both Graduate and Master of Business Administration (MBA) students to explore opportunities at Goldman Sachs.

What is the hardest bank to get a job from?

Getting hired at prestigious investment banks like Goldman Sachs or JP Morgan proves incredibly difficult - their acceptance rates can be as low as 0.8%. Goldman Sachs received 236,000 internship applications in 2022 and selected just 1.5% of candidates. Life doesn't get easier after landing the job.

Is it stressful to work at Goldman Sachs?

The analysts rated their job satisfaction as two out of 10 and said they were unlikely to stay at Goldman in six months if working conditions remained the same. In addition to the long hours, the analysts cited unrealistic deadlines, being ignored in meetings and micromanagement as major sources of stress.

What is the GPA cutoff for JP Morgan?

A well-rounded academic background with coursework in finance or economics is recommended. Candidates must demonstrate academic strength – a minimum 3.2 GPA for juniors and a minimum 3.5 GPA for freshmen and sophomores, strong teamwork, communication skills and a high energy level.

Can I be an investment banker if I'm bad at math?

As long as you have a secure mathematical understanding, either from school or from your degree, then you have the skills to become an investment banker.

Is a 3.7 GPA impressive?

Yes, a 3.7 GPA is very good, indicating strong academic performance (mostly A-/B+ grades) and making you competitive for many selective colleges, scholarships, and jobs, though its competitiveness for highly selective programs (like Ivy League or top grad schools) depends on your major, school, and overall profile. It often qualifies for honors like magna cum laude and is well above the national average.