Goldman Sachs

The Goldman Sachs Group, Inc., is an American multinational investment bank and financial services company. It is headquartered in New York City and offers services in investment management, securities, asset management, prime brokerage, and securities underwriting. 

The mission of Goldman Sachs is to advance sustainable economic growth and financial opportunity across the globe.

Products and Services

Corporations & Institutions

1. Asset Management
2. Ayco Personal Financial Management 
3. Embedded Consumer Finance 
4. Global Investment Research 
5. Global Markets
6. Comprehensive Solutions for Nonprofits 
7. Investment Banking 
8. Liquidity Investing 
9. Marquee
10. Transaction Banking 

Individuals 

1. Private Wealth Management 
2. Ayco Personal Financial Management 
3. Personal Financial Management 
4. Marcus by Goldman Sachs 
5. Global Investment Research

Recent Mergers & Acquisitions

1. Goldman Sachs bought the German Modular Home Builder OIKOS Group in March 2021. 
2. Goldman Sachs acquired €500m Nordics cloud services specialist in February 2021.
3. White Ops was acquired by Goldman Sachs in December 2020. 

Top 5 Competitors

1. Morgan Stanley
2. JP Morgan 
3. Wells Fargo 
4. Barclays 
5. Bank of America 

Recent News and Developments

1. Goldman Sachs has announced the launch of Transaction Banking (TxB) in the UK. 
2. Kimberley Harris has joined the Goldman Sachs Board of Directors. 
3. Discovery has joined up with Goldman Sachs to create a new global investment fund. 
4. Digital payments giant Paytm has appointed Goldman Sachs and JP Morgan as merchant bankers for its upcoming IPO. 
5. Goldman Sachs has partnered with Galaxy Digital for bitcoin futures trading. 

Opportunities at Goldman Sachs

Student Opportunities

There are mainly 5 programs by Goldman Sachs offered to Students:

1. Summer Analyst Internship

• Eligibility: The summer analyst role is for candidates currently pursuing a college or university degree and is usually undertaken during the second penultimate year of study.
• Program Type: Eight to ten weeks

2. New Analyst Program 

• Eligibility: The New Analyst Program is open to final year undergraduate and graduate-level students from any field of study, and is ideally suited to those with little or no work experience.
• Program Type: Full-time

3. Engineering Campus Hiring Program 

• Eligibility:
• • 2021 Analyst: Graduation in 2021 (Full-time hire - May/June intake)
  • 2021 Summer Internship: Graduation in 2022 (Intern hire - April/July intake)
• Program Type: Internship and Full-time

4. Women’s Possibilities Summit: Finance 

• Eligibility: This program is open to all women students from a select list of institutes and is ideally suited to those who are keen to explore a career in the financial services sector.
• Program Type: Event

5. Engineering Virtual Program 

• Eligibility: Undergraduates graduating between 2020 - 2024
• Program Type: Exploratory

Culture

Goldman Sachs focuses on cultivating and sustaining a diverse work environment and workforce, which is critical to meeting the unique needs of their diverse client base and the communities in which they operate.

Values

1. Client Service- We lead with a service mindset, enabling us to anticipate and adapt to the needs of our clients and consumers by delivering thoughtful, innovative solutions.
2. Excellence- We aspire to nothing less than excellence, consistently striving for exceptional performance and achieving outstanding results for our clients, our shareholders, and our company.
3. Integrity- We hold ourselves accountable to the highest ethical standards, insisting on transparency and vigilance from our people as we learn from our experiences and make decisions that instill a sense of purpose and pride in our firm.
4. Partnership- We prioritize collaboration and value diversity, creating a culture that fosters inclusiveness, teamwork, and an entrepreneurial mindset in the pursuit of professional and personal excellence.

Business Principles

1. Our client's interest always comes first.
2. Our assets are our people, capital, and reputation.
3. Our goal is to provide superior returns to our shareholders.
4. We take great pride in the professional quality of our work.
5. We stress creativity and imagination in everything we do.
6. We make an unusual effort to identify and recruit the very best person for every job.
7. We offer our people the opportunity to move ahead more rapidly than is possible at most other places.
8. We stress teamwork in everything we do.
9. The dedication of our people to the firm and the intense effort they give their jobs are greater than one finds in most other organizations.
10. We consider our size an asset that we try hard to preserve.
11. We constantly strive to anticipate the rapidly changing needs of our clients and to develop new services to meet those needs.
12. We regularly receive confidential information as part of our normal client relationships. 
13. Our business is highly competitive, and we aggressively seek to expand our client relationships.
14. Integrity and honesty are at the heart of our business.