Why Goldman Sacs

Here is some information I gathered to answer the "Why us?" question. Pick up the points and use them in your interview. All the best !

PS: Goldman is know to have an essay question in its campus hiring rounds.

Goldman Sachs International
One employee touted recent tweaks to the firm’s culture, coupled with giving young talent meaningful responsibilities, as major factors in recruiting and retention.  Goldman is one of the best firms on the Street at giving junior bankers the ability to step up and have meaningful client interactions. ”It’s rewarding to work at a firm that’s shown such a deep commitment to recruiting and retaining a diverse employee population, and that truly believes that its future success depends on its ability to attract a diverse workforce.”
News on Goldman

  • Alibaba has appointed a former top Goldman Sachs executive as president of the group to lead the Chinese e-commerce giant's international expansion and lure top global brands looking to sell their products via the world's second-largest economy .Michael Evans, a former Goldman Sachs vice chairman, will focus on building partnerships with big brands and retailers in Europe, America and Asia to help them sell on China's massive consumer market. He has been an independent director at Alibaba since its initial public offering in September.
  • Petco Animal Supplies Inc has hired Goldman Sachs Group Inc to lead a potential initial public offering or sale that could value the pet supplies retailer at between $4 billion and $5 billion, including debt, according to people familiar with the matter.

The top two investment banks in FICC - JPMorgan and Citi - have earned $8.9 billion this year from those divisions, compared to $10.1 billion in the same period last year, Coalition's data shows.

Fix income instruments : bonds,, currencies, and commodities. Doing well in FIX income and equity

The Goldman Sachs Group is a leading multinational investment banking, securities and investment management that provides wide range of financial advice and services to an international client base. It also engages in mergers and acquisitions services, asset management, prime brokerage, market making and private equity deals. Their clients include governments, public authorities, corporations and financial institutions.
The firm employs 31,700 people worldwide and offers employees the possibility to work in another country and to promote within the company. Last week, for example, Goldman Sachs announced its newest class of 28 managing directors. What was actually impressive was the fact that a 28-year-old got promoted. However the all-time youth promotion record belongs to Eric Mindich, who became partner when he was 27.

With a very clear and strong vision and culture within the firm, Goldman Sachs considers that their people are the greatest asset they have, so they invest in their employees’ career. As a leading company and top investment banking, Goldman Sachs only hires talented candidates who can cope with stress and work in a fast pace environment. They are looking for the best. If you think you can meet their requirements, do not hesitate to research further about their careers opportunities and programs. Besides, Goldman Sachs has just eased work conditions of junior investment bankers!





Lloyd Blankfein : CEO of Goldman Sachs.

Firstly, Blankfein said you must not fear change. – The finance industry has always been through change, it is nothing new. The people who succeed will be those who are, “flexible and nimble,” – who know the business and the process rather than a particular product and its execution.
Secondly, Blankfein said you must not be rampantly ambitious. Live in the moment and do what you’re doing well
Thirdly, Blankfein said you must, “make yourself coachable.” Make yourself, “the kind of person that people want to help… Don’t be too defensive, be open to criticism.”
A podcast series called "Exchanges at Goldman" available on iTunes






Disclaimer: I do not own any data and cant recall the source. I will add the credits if someone points it out.