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How much does an investment banking analyst make at Goldman Sachs?
Goldman Sachs Salary FAQs The average salary for an Investment Banking Analyst is $90,345 per year in United States, which is 2\% lower than the average Goldman Sachs salary of $92,547 per year for this job.
What is it like to be an analyst at Goldman Sachs?
Goldman Sachs has a reputation for being a highly pressurized, draining place to work in the early years. While it’s certainly true that junior analysts put in long hours, with some working late and sleeping in their offices, the company has policies to make sure that people are taking care of their work-life balance.
Do investment banking analysts work weekends?
As the former vice president at a boutique banking firm, working on Saturdays was the norm — as were 70- to 100-hour workweeks. While he applauds JPMorgan Chase’s new policy, he points out that “newer investment bankers will gladly come in [on the weekends], because they feel it’s their responsibility.
Does Goldman pay well?
Goldman Sachs (GS) has always paid its employees well, and they’re getting paid better. The average Goldman Sachs employee makes $367,564 on an annual basis, according to the firm’s most recent financial disclosures. Goldman bankers based in the New York City area are doing much better than most New Yorkers.
How prestigious is it to work at Goldman Sachs?
Goldman Sachs has been named the most prestigious investment bank in Vault’s Guide to the Top 50 Banking Employers for the 10th consecutive year. The firm is ranked number one on its Top 50 Banking Employer List for 2018 as well.
How do you become an analyst at Goldman Sachs?
These men, like many others in the world of finance, started their careers as analysts at Goldman Sachs. Goldman Sachs begins recruiting college students while they are still undergraduate students. The firm offers summer internships for students who might be interested in an investment banking career regardless of their majors.
Is Goldman Sachs a good investment bank?
Founded in 1869, Goldman Sachs is one of Wall Street’s oldest and most prestigious investment banking firms. With offices across the globe, Goldman Sachs includes major corporations and foreign governments among its clientele. Some executives have gone on to high positions in government.
What is it like to work at Goldman Sachs as a junior?
Goldman Sachs has a reputation for being a highly pressurized, draining place to work in the early years. While it’s certainly true that junior analysts put in long hours, with some working late and sleeping in their offices, the company has policies to make sure that people are taking care of their work-life balance.
What does a merger analyst at Goldman Sachs do?
The analysts may confer with trading specialists at Goldman Sachs. The analyst may spend several hours conducting valuation analyses of the companies involved in a merger to ensure that the pricing represents an accurate value of the companies.