WHAT IS A GOLDMAN SACHS ANALYST JOB?
Goldman Sachs is a renowned American multinational investment bank known for its top-tier financial services. An analyst job at Goldman Sachs is a highly coveted position in the finance industry. In this role, analysts are responsible for collecting, analyzing, and interpreting data to help clients make informed financial decisions.
WHAT USUALLY DO IN THIS POSITION?
Goldman Sachs analysts work in various departments such as investment banking, asset management, securities, and global investment research. They are responsible for tasks such as conducting financial analysis, creating financial models, and providing insights and recommendations to clients. They also assist senior analysts in managing client relationships and preparing presentation materials.
TOP 5 SKILLS FOR POSITION
- Strong analytical skills
- Excellent communication skills
- Attention to detail
- Ability to work under pressure and meet tight deadlines
- Proficient in Microsoft Excel and other financial modeling tools
HOW TO BECOME THIS TYPE OF SPECIALIST?
To become a Goldman Sachs analyst, a bachelor's degree in finance, accounting, economics, or a related field is usually required. Having a master's degree or relevant work experience can give you an added advantage. Additionally, having strong mathematical and analytical skills is essential. Networking, attending job fairs, and internships can also increase your chances of landing a job at Goldman Sachs.
AVERAGE SALARY
The average salary for a Goldman Sachs analyst ranges from $60,000 to $100,000 per year, depending on the department and location. However, bonuses and other benefits can increase the salary significantly.
ROLES AND TYPES
Goldman Sachs offers various types of analyst roles, including investment banking, asset management, securities, and global investment research. Each role has different responsibilities and requirements. For example, investment banking analysts help companies with mergers and acquisitions, while asset management analysts manage client portfolios.
LOCATIONS WITH THE MOST POPULAR JOBS IN USA
Goldman Sachs has offices in various cities around the world. In the United States, the most popular locations for analyst jobs include New York City, Salt Lake City, Dallas, and Chicago.
WHAT ARE THE TYPICAL TOOLS?
Goldman Sachs analysts use various tools and software to perform their job functions. Microsoft Excel is a crucial tool for financial modeling and data analysis. Other software tools include Bloomberg Terminal, FactSet, and Aladdin.
IN CONCLUSION
A Goldman Sachs analyst job is a highly sought-after position in the finance industry. It requires a strong educational background, analytical skills, and attention to detail. The average salary for this position is competitive, and career growth opportunities are abundant. If you are interested in a career in finance and have the required skills, becoming a Goldman Sachs analyst could be the right path for you.