What I Learned About The Goldman Sachs (2024)

FAQs

What is great about Goldman Sachs? ›

Culture of Client Service

For more than 150 years, a culture of teamwork and client service has defined our firm. Today, nearly 40,000 Goldman Sachs colleagues work together to serve our clients and communities around the world, building upon a rich history of innovative ideas from extraordinary people.

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals.

We differ from our banking and fintech competitors in three main areas: technology, trust and global consistency.

I am interested in working at Goldman Sachs because of the firm's reputation as a leader in the financial services industry, and its commitment to providing a world-class experience for its clients.

We advise companies on buying and selling businesses, raising capital and managing risks, which enables them to grow.

Unlike other investment banks, GS strategically positions itself as the “friend of corporations” and defends businesses against hostile actors. Corporate defense has historically been an integral part of the Goldman Sachs M&A franchise.

Goldman Sachs is an industry leader in investment banking. It has a smaller balance sheet compared to universal banks like JP Morgan, yet it remains a go-to firm for big name clients, especially in M&A. This means that, as an employee at Goldman, you'd be working on a constant flow of industry-shaping deals.

The big difference is culture. Most other banks are mergers between different banks with vastly different cultures and processes. Goldman-Sachs started as a family firm and has maintained much of that culture today.

A sample response is: “I am thrilled to interview for Goldman Sachs. The company's commitment to excellence and historical performance in finance made me realize that this is the firm for me. I am a hard worker, and I believe I embody the company's values.

What do you like most about Goldman Sachs? ›

Goldman Sachs has always been a company I've admired for its commitment to providing innovative financial solutions.

We stress teamwork in everything we do.

While individual creativity is always encouraged, we have found that team effort often produces the best results. We have no room for those who put their personal interests ahead of the interests of the firm and its clients.

According to reviews on Glassdoor, employees commonly mention the pros of working at Goldman Sachs to be benefits, culture, career development and the cons to be management, work life balance.

In conclusion, Goldman Sachs' enduring success is the result of a multifaceted approach that includes strong leadership, a focus on investment banking, risk management expertise, innovation, diversification, talent management, a client-centric mindset, global expansion, ethical conduct, and adaptability.