Goldman Sachs Internship - I Need Some Pointers

jpdwilson · 10-19-2009, 03:56 PM

I really want to land an internship at GS.

Any direction, pointers, tips, etc would be much appreciated. Thank you.

T26E4 · 10-19-2009, 05:14 PM

Why Sachs and not another firm? What research have you done to this point?

jpdwilson · 10-19-2009, 05:30 PM

I chose Goldman because of locationand because it seems to be looked highly upon in the industry. Google named them one of the highest paying and best places to work and I love NYC. Any other suggestions?

I go to a small private school in Florida.

I invest my own capital and run a small private firm here.

I run an investment club on campus.

I'm an active SIFE member.

I'm currently interning at Merrill Lynch.

I played two years of collegiate soccer and was a leader on the team.

I'm a part of the Summit Series - an elite, invitation only, young leaders and entrepreneurs group. Goldman sponsors them and the owner of Tom's, Blake, and Lauren Bush, are also a part of the same forum.

I think I can land a joint internship there with Maria Ramirez, she is the foremost financial forecaster as dubbed by the Wall Street Journal.

I've got a 3.5 GPA.

I built a large distribution organization at the age of 17, managing over 1,500 people and producing over half a million in volume annually. It is still growing to date.

I'm currently in the process of writing a business plan for International Aid. A non profit, I just acquired intlaid.org.

I can get good reccomendations. One of my professors used to work for them.

mcgoogly · 10-19-2009, 07:13 PM

Bring your GPA up

jpdwilson · 10-19-2009, 08:28 PM

What would you suggest and why do you say that?

Do you have any experience with them?

blue_star_cadet · 10-19-2009, 09:30 PM

you didn't happen to go to summer@brown, did you? you seem very similar to someone i met there

jpdwilson · 10-19-2009, 09:40 PM

No Brown for me, sorry.

Still guys, any help would be absolutely great. I've heard that if you don't go to a target school then it's pretty much a no go, is this true?

T26E4 · 10-20-2009, 09:23 AM

It's very difficult as GS and the many other prominent IBs recruit at familiar schools. You should contact GS and others directly as well as speak w/your college's career services to see if any others have been successful in this venture.

Your quantitative skills will be the first measure, BTW.

mathysroman · 11-07-2009, 09:37 PM

you must network extensively...

goldman believes firmly in recruiting from the most prestigious colleges in the country...

if your school is not ranked in the top 20/25---you will have a harder time.

You must make sure that you get noticed...

Beepoo · 11-16-2009, 06:21 AM

Uhhhhh wait WHAT!!!???

You own a distribution company that makes you +$500K annually, you own some other small firm, and you just acquired a non-profit. Why would you want to work for anyone!!! Go work for yourself and you can retire in 2 years aoifbsbrngiagj'awefiog

Beepoo · 11-16-2009, 06:22 AM

Oh and if all that stuff is actually true and not just a bunch of inflated BS then you should stand a good chance at landing anything, regardless of GPA.

ctyankee · 11-16-2009, 11:01 AM

For other young people surfing in on this discussion, financial internships aren't what they once were. Because of liability concerns, the only money an intern will be handling is the cash to get traders coffee and the like.

So, if you would enjoy placing college bets for traders, getting their lunches and staring at a monitor without access to AOL chat all day, become an intern.

just_forget_me · 11-16-2009, 11:53 PM

Quote:

over half a million in volume

Is not the same as > $500k in profit. That said, unless your margins are absolutely miserable, you should be making enough to live on. There's something to be said for going the entrepreneurial route (and if that fails, just take the GMAT and apply to b-school).

bearcats · 11-17-2009, 12:43 PM

I Need Your Help Guys! Whre Can I Get In - Where Should I Go?

LOLLLLLLL...... my bull shiiit sensor is making so much noise.....

kguo7 · 11-17-2009, 11:35 PM

this guy is major troll.

"I built a large distribution organization at the age of 17, managing over 1,500 people and producing over half a million in volume annually. It is still growing to date."

im assuming by half a million in volume, you mean 500,000 in revenue. given the number of employees, your payroll would easily be 20+ mil annually and thats a very very very very conservative estimate. your company wouldve tanked by now. even if its growing, you would need ridiculous revenue growth within the next few years to even cover your basic labor costs.

even if this is true and your company is generating you 500,000 in profit why would you want to work for any company? youre making just as much as vps and mds at goldman in this environment. and, youre making more than most vps at fortune 500 companies.