Goldman Sachs is widely considered the hardest bank to get into, particularly within the investment banking sector.
Goldman Sachs: A Challenging Entry Point
Goldman Sachs has earned a notorious reputation for its highly selective hiring process, making it exceptionally difficult for aspiring professionals to secure a position. This prestigious firm attracts a vast pool of global talent, leading to fierce competition for even entry-level roles and internships.
The rigorous selection process includes multiple rounds of interviews, assessments, and a strong emphasis on academic excellence, relevant experience, and specific skill sets. The sheer volume of applications received further underscores the intense competitive landscape at Goldman Sachs.
Intense Competition for Opportunities
The difficulty of securing a role at Goldman Sachs is clearly illustrated by the statistics surrounding its recruitment. For instance, the firm previously received an overwhelming number of applications for a limited number of global internship positions.
| Metric | Details |
|---|---|
| Total Applications Received | 100,000 |
| Global Internship Positions | 2,300 |
| Applications Per Position | Approximately 24 applications for every job posted |
These figures highlight the extreme selectivity of Goldman Sachs, where only a small fraction of applicants are ultimately successful. The high demand for positions combined with the firm's stringent hiring criteria firmly establishes it as one of the most challenging institutions to join in the financial industry.
