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Pass the Goldman Sachs Video Interview: Insider Strategies Revealed

Goldman Sachs Video Interview

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Getting a job at Goldman Sachs is famously hard. There are 300 applicants for every one position. In this guide, we’ll share insider tips. They will help you pass the Goldman Sachs video interview and get your dream job.

Table of Contents

  • How Hard is it to Pass the Goldman Sachs Interview?
  • 5 Fast Facts About Goldman Sachs
  • What’s Going to Happen in Your Interview?
  • 6 Interview Questions You Can Expect
  • Question #1: Walk Me Through Your CV
  • Question #2: What Made You Apply for the Position?
  • Question #3: Why Do You Want to Work at Goldman Sachs?
  • Question #4: Tell Me About a Recent Piece of Business News
  • Question #5: Tell Me About a Time You Dealt with a Difficult Co-Worker
  • Question #6: Give Me an Example Where You Had to Work Under Pressure
  • Breakdown of a Winning Goldman Sachs Cover Letter and How to Write One Too
  • FAQ

How Hard is it to Pass the Goldman Sachs Interview?

Goldman Sachs is known for its tough hiring process. It gets 300 applicants for every job. Even internships at Goldman Sachs are very competitive. There are 78 applications per job. This reveals just how difficult it is to secure a position at Goldman Sachs. There is much competition. Applicants must stand out. They must do this by doing thorough research. They must prepare great answers and give a stellar interview.

5 Fast Facts About Goldman Sachs

Fact #1: Longevity and Establishment

  • Goldman Sachs has been in business for over 150 years.
  • It was founded in 1869.

Fact #2: Industry Ranking

  • Ranked as the number two Investment Bank in the world in terms of Revenue.
  • It is in the top 100 of Fortune 500 companies in the United States, currently at number 55.

Fact #3: Financial Performance

  • In 2022, Goldman Sachs reported revenue of 47 billion dollars.
  • It has just over two and a half trillion dollars in assets under management.

Fact #4: Notable Subsidiaries

  • Goldman Sachs has many notable subsidiaries. They include Marcus by Goldman Sachs. They also include Goldman Sachs personal financial management. They include Goldman Sachs Capital partners and Goldman Sachs Ico personal financial management.
  • These subsidiaries have won numerous Awards this year.

Fact #5: Market Influence

  • Goldman Sachs was key in creating the US commercial paper Market.
  • It joined the New York Stock Exchange in 1896.

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What's Going to Happen in Your Interview?

It will differ based on whether you’re a graduate or a professional. Graduates can expect a pre-recorded video interview. They will have to answer questions shown on the screen. They’ll likely have 30 seconds to a minute to prepare. They’ll have two minutes to answer each question. Professionals may have a first interview with HR. The person will ask similar questions.

6 Interview Questions You Can Expect

Question #1: Walk me through your CV

Give a brief overview. Talk about your work experience and qualifications.

Question #2: What made you apply for the position?

Explain your motivation for applying and why you’re interested in the role.

Question #3: Why do you want to work at Goldman Sachs?

Discuss what attracts you to the company and why you believe it’s the right fit for you.

Question #4: Tell me about a recent piece of business news

Share your insights on a current business event or news story relevant to the finance industry.

Question #5: Tell me about a time you dealt with a difficult co-worker

I had a tough situation with a colleague. I resolved it professionally.

Question #6: Give me an example where you had to work under pressure

Give an example. In it, you managed a high-pressure situation in a past role.

Question #1: Walk Me Through Your CV

During the Goldman Sachs interview, they will ask for a walk through your CV. You must give a short summary of your work, qualifications, and achievements. It’s vital. Start by summarizing your experience in the first sentence. Use numbers to quantify your accomplishments. Also, use simple words to explain your roles and duties. Highlight your skills and interests. Also, mention any unique experiences that make you stand out from other candidates. Remember to keep it polished. Keep it engaging. Keep it under two minutes. This will make a lasting impression.

Question #2: What Made You Apply for the Position?

When explaining why you applied to Goldman Sachs, you must show you understand the role. You must also express your motivation for joining. Start by listing the job’s requirements. Then, list its responsibilities. Show your knowledge of the industry and the role. Then, say why you think you are the best fit. Use relevant experiences from your past jobs. Avoid vague statements. Provide specific examples. These examples should show why you are a good fit for the job.

Question #3: Why Do You Want to Work at Goldman Sachs?

When asked about your motivation to work at Goldman Sachs, you must show that you deeply understand the company’s values. You must also understand its culture and industry position. Start by highlighting parts of Goldman Sachs that resonate with you. This could be its innovative projects. It could be its market influence. Or, it could be its commitment to ESG initiatives. Show how they fit your personal and professional goals. Show that you’ve gone beyond surface-level research. Show your genuine interest and connection to the company. This can impress the interviewer and show your potential as a valuable addition to the Goldman Sachs team.

Question #4: Tell Me About a Recent Piece of Business News

Goldman Sachs seeks candidates who know current business. They must also show real interest in the financial market. When discussing recent business news, choose a topic that you know well. This could be a recent development in a small industry. It could also be a notable company’s performance or an important market trend. It’s crucial to stay informed. You can do this by subscribing to reliable sources or newsletters. They provide easy insights into the financial markets. Show you can stay updated and explain business news. This shows your passion for the industry and fits a job at Goldman Sachs.

Question #5: Tell Me About a Time You Dealt with a Difficult Co-Worker

Dealing with difficult co-workers is common. It’s a challenge in high-pressure jobs. When addressing this question, show resilience and professionalism. You must handle interpersonal conflicts well. Start by reframe the situation. Avoid taking things personally. Seek to understand why they behave that way. Address the issue in private. Show empathy and acknowledge their strengths. Also, set boundaries. This can help diffuse conflicts well. It’s essential to show the resolution and the positive outcomes. This will show your skill at handling tough work dynamics well. You do so with grace and professionalism.

Question #6: Give Me an Example Where You Had to Work Under Pressure

Working under pressure is a key part of roles in investment banking. When responding to this question, aim to show a specific instance. You faced a high-stakes situation. It had clear deadlines or expectations. Emphasize the challenges you faced. Also, talk about the actions you took to address them. Lastly, discuss the successful outcome. You must say the steps you took to manage the situation well. This shows your ability to stay calm. You can prioritize and deliver under pressure. Give a detailed account of your approach and the positive results. This will show your ability to thrive in pressure and handle the role at Goldman Sachs.

Breakdown of a Winning Goldman Sachs Cover Letter and How to Write One Too

Writing a great cover letter is crucial. It is key to passing the Goldman Sachs interview. The cover letter should briefly show your qualifications. It should also express real interest in the company. And, it should show how you can help the organization succeed. Here’s a breakdown of a winning Goldman Sachs cover letter. It includes essential tips to craft your own impactful cover letter. It can help you stand out and secure an interview.

FAQ

What should be included in a Goldman Sachs cover letter?

A Goldman Sachs cover letter should include a short intro. It should also have a summary of your qualifications and experiences. And, it should show that you understand the company and its values. Finally, it should explain why you are the perfect fit for the role.

How long should a Goldman Sachs cover letter be?

Goldman Sachs typically requires a 300-word cover letter. You must be concise. But, you must also convey your strengths. You must also convey your motivations and qualifications within this limit.

What are the key elements of a successful Goldman Sachs cover letter?

A good Goldman Sachs cover letter should show 3 things. First, a deep understanding of the company. Second, clear alignment with its values and goals. Third, tell a story. Explain how your skills and experiences make you the best candidate for the position.

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