Got a job offer at Goldman Sachs

viagrandad
viagrandad

Got a job offer at Goldman Sachs

ask me anything

All urls found in this thread:
https://en.wikipedia.org/wiki/Goldman_Sachs
idontknow
idontknow

@viagrandad
what is a goldman sacs

kizzmybutt
kizzmybutt

nice HR position

hairygrape
hairygrape

@kizzmybutt
Nope, I'm on the trading floor.

Flameblow
Flameblow

@viagrandad
Have standards at GS really fallen that low that you have time to shitpost on a pedo cartoon forum?

SniperWish
SniperWish

@kizzmybutt
not wanting to ez mode through life
not wanting to be surrounded by pussy
Kek

RavySnake
RavySnake

what b school did you go to

WebTool
WebTool

@Flameblow
I'm a college student, I don't start until next year. Finished my summer internship and got an offer.

TurtleCat
TurtleCat

@RavySnake
Went to a science school.
Only investment banking division hires cucks from b school. They are literally good for nothing.

CouchChiller
CouchChiller

@WebTool
What time are you allowed to leave after work?

VisualMaster
VisualMaster

@TurtleCat
going to Goldman Sachs but not going into IBD

why do this to yourself?

DeathDog
DeathDog

@CouchChiller
I was in S&T so late afternoon. Hours weren't bad and we got weekends.

BinaryMan
BinaryMan

@VisualMaster
IBD is just torture for slave workers. I can earn the same salary for half the work and actually doing interesting work like betting in the financial markets or selling advanced securites to institutional clients and hedge funds.

What to investment bankers do? They correct pitch book mistakes and suck the cock of whatever managing director lords over them for 12 hours a day every single day.

AwesomeTucker
AwesomeTucker

@TurtleCat
i went to a science school

fascinating.

GoogleCat
GoogleCat

@hairygrape
Wow!!! Will you mop the floor manually or they have machines there?

Stark_Naked
Stark_Naked

@GoogleCat
Nope, the janitor will be doing that. I'll be earning 120k doing meaningful work though.

Need_TLC
Need_TLC

@DeathDog
that sounds comfy. you kids have it easy these days. it wasn't like it during my time.

@BinaryMan
indeed,

Spamalot
Spamalot

@Need_TLC
Trading isn't what it used to be in the heady days. It's a well regulated profession now, and is mostly just market making. No crazy multi million dollar trades using the firm's capital.

Methshot
Methshot

@BinaryMan
IBD definitely has shitty hours and while at the beginning it seems like they are just monkeys, the work eventually seems to get exciting/rewarding and their exit ops are insane

What did it take to get into S&T then? Must be even more competitive than IBD if what you're saying is true

(I'm a college student with no experience in either IB or S&T so if it seems like I'm defending IB or shitting on S&T I don't mean it that way, just haven't actually looked into S&T much so I'm trying to compare them)

AwesomeTucker
AwesomeTucker

what are your nose dimensions?

happy_sad
happy_sad

@viagrandad
What's your background?

Poker_Star
Poker_Star

What was your gpa?
Did you take the gmat?
Did you get your series 7?

DeathDog
DeathDog

tfw waiting to be rejected by GS

Submitted the application 4 weeks ago. I wish they would just put me out of my misery.

Fuzzy_Logic
Fuzzy_Logic

@Flameblow
IBs are having a hard time making money like before. I'm sure the standards are lower as with the pay since it's harder for them to jew money out of people. They can only jew the traditional way which doesn't take that much brain power. I'm sure there's a small subset of ultra jews, jewing to the max in order to jew money in this environment, but it's definitely not OP.

girlDog
girlDog

@viagrandad
Don't work for them! They're le evil xDDD

5mileys
5mileys

ITT
WILL SMITH

takes2long
takes2long

@Fuzzy_Logic
Can confirm, I was a mediocre b school student, and now I have a support role in JPM IB

The actual IBs aren't much better

lostmypassword
lostmypassword

@viagrandad
What part of India is your family from

Btw congrats. praise allah
*explodes*

Deadlyinx
Deadlyinx

Legit question:

How successful are you in your personal portfolio? Do they do hires based on this type of merit?

DeathDog
DeathDog

Why are you proud to be a thief?

Illusionz
Illusionz

OP here

@DeathDog
Got my offer really late from GS, literally right at the deadline, I already received offers from DB UBS and CS. So don't worry too much about that.

@takes2long
What support role? Operations? What do they pay you?

@Deadlyinx
I have no portfolio and have never invested a penny. I dont think it matters too much. Most market roles have nothing to do with the stock market.

@DeathDog
I create value.

Dreamworx
Dreamworx

@Poker_Star
Im a college student, no gmat no 7series, my gpa is very good but nothing extraordinary.

@Methshot
S&T and IBD are about equally competitive. IBD for the exit opps, S&T because its interesting and quality of life is good.

5mileys
5mileys

@Illusionz
go to DB, I heard they are doing well

w8t4u
w8t4u

@Illusionz
Do they hire 2nd year uni students. As in, completed 4 semesters looking for summer internship kind of thing.

I have a 3.8 GPA in engineering at a mid tier school with previous work at low level wealth management but I had no actual role in the management/planning of wealth I was kind of like an excel monkey + programming solutions to solve x

lostmypassword
lostmypassword

@Stark_Naked
thinks real humans do trading at GS
bitch please, the fucking algos the quants make do all the work.

RavySnake
RavySnake

@AwesomeTucker
you smile and nod Jewishly.

CodeBuns
CodeBuns

@viagrandad
IQ?
Education?

BunnyJinx
BunnyJinx

@Deadlyinx
managing your own portfolio is only considered a merrit by hedge funds.

Critical thinking is much more difficult to manage and much more difficult to adapt to the culture of an institution. They want ken-dolls and barbie-dolls that can read and write.

Garbage Can Lid
Garbage Can Lid

How normie do you have to be to get hired?

I recently failed a phone interview for s&t at another bank

Burnblaze
Burnblaze

@viagrandad
Got a job offer at deutsche bank

ask me anything

WebTool
WebTool

@lostmypassword

No they don't you pleb, you can't make an algo to make you more successful than manual human work with trades. I say this as a programmer too. You always need to look at more information to see if a trade is good.

Boy_vs_Girl
Boy_vs_Girl

@Illusionz
Yeah nothing from GS or JPM just yet, also have outstanding applications with CS, Lazard, BNP, Barclays and Mitsubishi.

Rejected from Deutsche because theyre fucking incompetent.

Hopefully I get something, I dont really wanna be an accountant.

BinaryMan
BinaryMan

tell Keith Zusi and Chad cosse I say hi

Fried_Sushi
Fried_Sushi

@w8t4u
Good question, I'm in a quite similar position.

Raving_Cute
Raving_Cute

@Garbage Can Lid
S&T is full of autists, especially strats and electronic trading. Sales is by far the most normie position.

Booteefool
Booteefool

@CodeBuns
IQ between 125 and 140. My mom was a child prodigy, father a good looking tard (iq around 100 to 110).

Burnblaze
Burnblaze

I was just thinking that some friends of mine are going to start at Goldman in June and their nmes, no shit, are Matthew Mark Luke and John. Only Matt and Luke know each other though

Lord_Tryzalot
Lord_Tryzalot

@Burnblaze
Sounds like pretty goy names.

Bidwell
Bidwell

@BinaryMan
I'm walking in first day as a S&T baller hurr
Betting in the financial markets and selling advanced securities to institutional clients and hedge funds
Hedge funds are institutional clients. It sounds like you're making this up and not describing a real S&T function.
When a computer does your job in a decade, you can make up for 0 modelling experience and dearth of soft and hard skills by saying, "At least I can do risk management in very specific esoteric circumstances"

New_Cliche
New_Cliche

@viagrandad

Have you had previous experience trading with banks or is this your first role? I know people who've been through the same and they bring in about 20 people then by the end of the year they have about 2/3 left

RumChicken
RumChicken

@Bidwell
Hedge funds are served by the prime brokerage desk. So they are separate from other institutional clients. Do you actually know what you're talking about?

Computers will never fully replace traders because algos will always end up predictable. Until they develop an AI with the ability to fully emulate the human mind, it is impossible.

VisualMaster
VisualMaster

@New_Cliche
No, I never had any job or internship experience whatsoever before getting into goldman sachs.

TalkBomber
TalkBomber

@hairygrape
trading floor
hehe

TurtleCat
TurtleCat

@viagrandad
i was offered a scala job at GS in London. turned out is was backoffice, small bonus. less money than i earned as a consultant. at least i got to ride elevator :^)

Raving_Cute
Raving_Cute

@viagrandad

How do you feel about the structural decline of investment banking since 2008?

Do you like it when companies use their strong brand to pay you less. (i.e. trading salary to be able to say u worked at GS) ?

Flameblow
Flameblow

@Raving_Cute
pay you less

Less than what?

StonedTime
StonedTime

@Flameblow

less than they would before they started doing this practice

Lord_Tryzalot
Lord_Tryzalot

@StonedTime
So you think theres a structural decline in banking, but you think thats got nothing to do with relatively lower wages?

Evil_kitten
Evil_kitten

@Stark_Naked
Being a full time rent seeking Jew
meaningful

TreeEater
TreeEater

@Lord_Tryzalot

wut? no

idontknow
idontknow

@w8t4u
OP read this

Emberburn
Emberburn

How does it make you feel that JPMorgan Chase is more important than GS?

kizzmybutt
kizzmybutt

@viagrandad
Don't know if you answered this question before (didn't bother looking through the thread) but what did you study + where?

Evilember
Evilember

What will you job involve? What will you actually DO?

Deadlyinx
Deadlyinx

@w8t4u
During my internship nearly all the interns were from top schools, so being at a mid tier school would be a big roadblock getting into the biggest firms. But getting into smaller or boutiques should be ok. Yes you should have no problem getting an internship for the summer of your third year.

Methnerd
Methnerd

@TurtleCat
What's a scala job?

@Raving_Cute
The so-called decline is actually a good thing, trading is being made professional and regulated rather than a monkey circus with arrogant greedy fuckwits making massive trades they shouldnt be making. Lesser competititors have to make their salaries more attractive than GS to attract grads but the difference is small and the quality of the workforce at GS is still vastly superior to anywhere else.

Carnalpleasure
Carnalpleasure

@Emberburn
JP Morgan is a retail bank that absorbed an investment bank. Goldman Sachs is a pure investment bank. In terms of prestige and recognition, Goldman Sachs wipes the floor with JPM.

Skullbone
Skullbone

@kizzmybutt
Studied engineering at an elite school.

@Evilember
I'll be making it rain for the bank and swinging my big dick around. Seriously I'll be buying and selling securities on a computer screen trying to minimize losses. It's called market making.

Evilember
Evilember

Bernie Sanders for president :) We need to break up the big banks.

Booteefool
Booteefool

@viagrandad
Prepare for living hell OP

farquit
farquit

@Methnerd
The so-called decline is actually a good thing
are you fucking serious? trading at banks are dead now, why do you think the bonuses are so shit? why do you think every bank keeps reducing man count in trading? everyone thats actually good jumped ship to HFs / elite prop firms when prop desks at banks got rekt by regulation. i mean, at least youre at a top firm but honestly you'd rather be trading at a low tier HF than a top tier bank these days. youre late to the party son.

Boy_vs_Girl
Boy_vs_Girl

@Evilember
Bernie Sanders needs to be gassed alongside all his retarded sheep followers.

@farquit
I don't care about money, I care about prestigue. If I tell people I worked for some dindu podunk prop firm they will just have blank faces. If I tell them I work at the G Sachs, they'll be like WOW.

TechHater
TechHater

Bump

Stupidasole
Stupidasole

We're gonna need proof

Nude_Bikergirl
Nude_Bikergirl

@Boy_vs_Girl

Bernie Sanders needs to be gassed alongside all his retarded sheep followers.

im going to report to GS that their newest hire is an antisemite

say goodbye to your job

happy_sad
happy_sad

@Burnblaze

How much will you react when they have been imposed strict regulation and you are fired because you 100% expendable cux you are new to the game?

askme
askme

@Carnalpleasure

Goldman Sachs is a commercial bank now, just saw it on a video from a yale professor

viagrandad
viagrandad

@Deadlyinx
I'm happy with boutique
Thanks

haveahappyday
haveahappyday

@BinaryMan
12 hours a day
try 18

always funny how full of themselves traders are while literally generating zero revenue

5mileys
5mileys

@hairygrape
Nobody is "on" the trading floor anymore. Stop roleplaying.

massdebater
massdebater

@askme
https://en.wikipedia.org/wiki/Goldman_Sachs

"...multinational banking firm that engages in global investment banking, investment management, securities, and other financial services, primarily with institutional clients."

Poker_Star
Poker_Star

@BinaryMan
12 hours a day
no

Firespawn
Firespawn

SWHC - INTC - SLV - AA - AMDA

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