What are my chances of getting a job at Goldman Sachs?

<p>I go to University of Michigan-Ann Arbor and i have a GPA of 3.5. I haven't done much extracurricular activities. I am majoring in accounting. I am going to get the MBA soon. That's pretty much it... Any chances? Any advice?</p>

<p>Unless you know someone there, I would say increadibly slim.</p>

<p>I don't understand...you're majoring in accounting and getting an MBA? Michigan is considered a target by many accounts, so GS should not be out of reach. However, you will be hard-pressed to get a position with GS regardless of your school so prepare to network a lot.</p>

<p>Ross is definitely a target for GS. Quite a few are recruited from there, so you should be fine. </p>

<p>That said, your situation seems extremely strange. Are you doing your MBA right now?</p>

<p>I'm currently majoring in accounting and after that, i will try getting the MBA.</p>

<p>I am assuming this is for IBD, not S&T.</p>

<p>1) Getting the MBA thinking it will help you is usually a terrible idea unless you already have internships at competitive banks or related to finance; all it does is make you overqualified for analyst jobs and underqualified next to the MBA's who you will be competing with you for associate slots and have actual work experience.</p>

<p>2) If you're a senior, things are looking grim; banks overhired in late 2009 & early 2010, so recruiting has been cut down significantly.</p>

<p>Additionally, if you have no relevant Work experience, your 3.5 GPA puts you at a significant disadvantage compared to the other available people unless you start networking.</p>

<p>3) Your best shot is if you're a junior or below. The highest-probability opportunities come from internships, and GS especially has historically overweighted internship recruiting and underweighted FT hiring. Back when banks had a brief hiring binge, they preferred to extend offers to former interns who had not received one originally than hire a new grad wholesale.</p>

<p>You've got a shot, assuming you can network your tail off with alumni and your school is a strong semi-target and won't hurt your chances. You need to network and try to land at least 1 relevant internship ahead of FT recruiting (assuming you're a soph or junior). </p>

<p>Forget the MBA - I don't know if you are referring to a Master's or an actual MBA, but either way you don't need it. The Master's won't help since you are going to a good school and should be able to get into IB - in fact, it will only confuse and potentially put you in that weird place where they don't want you for an analyst (too much school) or an associate (too little straight out). </p>

<p>For an MBA, you won't get into a top program (meaning top 20) without some work experience and even if you get in, you'll be at a significant disadvantage, since the rest of your class will have previous experiences, stories and backgrounds, while you'll be a slightly older U grad student with another degree. </p>

<p>Forget the MBA and break in straight from U grad. Finally GS is not the only IB, in fact it's nowhere near the only good IB either - broaden your search and go for it.</p>

<p>PM me if you have other questions.</p>

<p>Michigan doesn't offer a degree in accounting...
They only have concentrations through Ross, and assuming you were, in fact, in the business school, I'm sure you would know what it's like to go through the recruitment process, so there wouldn't be any point in asking this question. Also, if you were genuinely curious, you could just look at the employment profle...</p>

<p>Michigan is a Goldman Sachs Target so there're bound to have alumni there to help you get your foot in the door. Try to email some of them and build relationships with them and hopefully they can help you get interviews. Once you are at the interview stage, your school won't hurt/help you. As long as you can pull a Junior Year internship at a decent bank, you'll be fine. Why do you want to get Goldman Sachs only? After your two year analyst stint, you'll most likely want to go into PE/HF/VC or Corp Dev. To get this, you'll be better off being in a top group at most other BB's than a bad/average group at GS. A 3.5 at Michigan in Ross and deff in Engineering will be able to get interviews at elite boutiques/MM and some BB's. Use Michigan's Alumni network to your advantage, it's one of the best networks there are.
Ask this question again here, you'll get answers from actual bankers and peoplewho are at Goldman and other banks.
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<p>I'm almost certain the OP is a troll.</p>

<p>Only go to GS if you want to do Investment Banking (and even then it depends on the group). If you want to do research or sales and trading Credit Suisse and JPM are way better.</p>

<p>^I concur with buzzers</p>

<p>agree with ChiBears. Any Ross student should know how it does on Wall Street, and that they dont have any formal majors or concentrations. And then you're talking about an MBA already. You dont need an MBA to work at GS (not right away at least).</p>

<p>No kid at Ross would ask this question. The resources available are ridiculous. Troll.</p>