Odds at Goldman--very bad
barrons
23077 replies1955 threads Senior Member
"It's still harder to get into Goldman than into Princeton University. The bank offers jobs to about 5 percent of applicants -- about half of the 9.5 percent acceptance rate for the New Jersey school's class of 2011. Some 900 undergraduates at the University of Pennsylvania's Wharton School -- out of a student body of 2,400 -- applied for summer internships at the bank, Raiffa says. Just 70 of them were accepted."
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Replies to: Odds at Goldman--very bad
http://www.bloomberg.com/apps/news?pid=20601109&sid=aJ5z5JLM4JP8&refer=home
i honestly think working for mckinsey is more prestigious than goldman.
They should have made a distinction between whether this was mostly a programmer job or a quant-trader job. They say "write algos for trading" which essentially means a programming job and would entail putting designs made by others into production. Thats different from a quant-trader/quant type position which entails research and actual system development. However, I have no idea considering they are so vague with the descriptions.
For graduates from my school, Goldman is the fourth most common employer(after three other investment banks) and investment banking is, by far, this most common job. I can't say I'll get in to Goldman, but I think I'll be alright. As redsox said, speak for yourself.
Wow that's awesome dude.
Credit Suisse, JP Morgan, UBS and Goldman Sachs are the top 4 recruiters at UM Ross.
And yet, I know several people previously employed by SWA who now work for Goldman after having gone back for their MBA. Yet none of them are from a top 50 business school. LMAO @ the Wharton comment.
most of the people here say they want to do IB, but the reality is that not many will. that's just life. and who cares that goldman is the 4th most popular employer at ross. that's only 9 people anyway out of a class of 300-400.