Landing a summer internship at Goldman Sachs as a high school student is an impressive accomplishment that can kickstart your career in finance. But how do you get your foot in the door at this exclusive program?
In this comprehensive guide, we’ll walk you through everything you need to know to ace the Goldman Sachs high school internship, from eligibility and application requirements to interview preparation and program details.
If you’re short on time, here’s the quick answer: The Goldman Sachs High School Internship is open to rising high school seniors interested in careers in finance or technology. Key application components include your resume, cover letter, SAT/ACT scores, and interview.
Competitive applicants have outstanding academic records, extracurricular leadership, and career focus.
In the following sections, we’ll cover the internship program’s background, eligibility criteria, step-by-step application instructions, interview tips, and details on the day-to-day intern experience so you can put your best foot forward.
Overview and Background of the Goldman Sachs High School Internship
The Goldman Sachs High School Internship is a highly sought-after program that provides high school students with a unique opportunity to gain real-world experience in the finance industry. This internship program is designed to give motivated and talented students a taste of what it’s like to work at one of the world’s leading investment banks.
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Quick facts on the high school internship program
- The Goldman Sachs High School Internship is open to students in their junior or senior year of high school.
- The program runs for approximately 8-10 weeks during the summer.
- Interns are placed in various divisions within the firm, including Investment Banking, Sales and Trading, and Operations.
- Interns receive mentorship and guidance from experienced professionals throughout the program.
- Upon completion of the internship, participants gain valuable skills and knowledge that can help them in their future academic and career pursuits.
History and growth of the program
The Goldman Sachs High School Internship program has a rich history that dates back several years. The program was initially launched as a pilot in a select number of cities and has since expanded to include students from all over the United States.
This growth is a testament to the success and impact of the program, as well as Goldman Sachs’ commitment to nurturing young talent.
Over the years, the program has evolved to provide interns with a more comprehensive and immersive experience. Interns are exposed to various aspects of the finance industry, allowing them to explore their interests and gain a deeper understanding of different roles within the firm.
This hands-on experience sets the stage for their future academic and professional journeys.
Profile of interns accepted
The Goldman Sachs High School Internship is highly competitive, with a limited number of spots available each year. The program seeks out students who demonstrate exceptional academic performance, leadership potential, and a genuine interest in finance and business.
Interns accepted into the program come from diverse backgrounds and bring a range of skills and experiences to the table. They are motivated, ambitious, and eager to learn. Throughout the internship, they are challenged to think critically, work collaboratively, and develop their problem-solving abilities.
If you’re a high school student with a passion for finance and a drive to succeed, the Goldman Sachs High School Internship could be the perfect opportunity to kickstart your career in the finance industry.
Eligibility Requirements and Qualifications
Academic standing and GPA expectations
To be eligible for the Goldman Sachs High School Internship, students are expected to maintain a strong academic standing and meet certain GPA requirements. While specific GPA thresholds may vary depending on the program and location, it is generally recommended to have a GPA of 3.0 or higher.
This demonstrates a commitment to academic excellence and indicates the ability to handle the rigorous demands of the internship.
Required major/field of study
While the Goldman Sachs High School Internship does not typically require applicants to have a specific major or field of study, it is advantageous to have a strong foundation in subjects such as mathematics, economics, business, or computer science.
These areas of study are closely aligned with the work and projects interns may be involved in during their time at Goldman Sachs. Additionally, having a passion for finance and an eagerness to learn about the industry can also be beneficial.
Geographic and other eligibility criteria
The eligibility criteria for the Goldman Sachs High School Internship may include certain geographic and other specific requirements. While the program is available in various locations, it may not be offered in every city or region.
It is important for applicants to carefully review the eligibility criteria outlined on the official Goldman Sachs website to ensure they meet all necessary requirements. Additionally, applicants may need to be of a certain age and have the legal right to work in the country where the internship is offered.
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How to Apply for the Goldman Sachs High School Internship
Applying for the Goldman Sachs High School Internship is an exciting opportunity for young students looking to gain valuable experience in the finance industry. Here is a step-by-step guide on how to apply for this prestigious internship program.
Key components of the application
The application process for the Goldman Sachs High School Internship requires you to submit several key components. Firstly, you will need to fill out an online application form, which will ask for your personal information, academic achievements, and extracurricular activities.
Additionally, you will be required to submit a resume and a cover letter, highlighting your interest in finance and explaining why you are the ideal candidate for this internship.
Furthermore, Goldman Sachs also requests a letter of recommendation from a teacher or mentor who can speak to your abilities and potential. This letter should highlight your academic achievements, leadership skills, and your passion for finance.
It is important to choose someone who knows you well and can provide a strong endorsement.
Timeline and deadlines
The Goldman Sachs High School Internship has specific deadlines for each stage of the application process. It is important to be aware of these dates and plan accordingly. The application window typically opens in the fall, and the deadline for submitting your application is usually in early winter.
After the initial application review, selected candidates will be invited to participate in a video interview. The video interview is a chance for you to showcase your communication skills and demonstrate your knowledge of the finance industry.
Be sure to prepare by researching Goldman Sachs and practicing your interview answers.
Finally, successful candidates will be notified of their acceptance into the program in the spring. If selected, you will have the opportunity to spend a few weeks during the summer at one of Goldman Sachs’ offices, gaining firsthand experience in various areas of the finance industry.
How to ace the video interview
The video interview is a crucial step in the application process. Here are some tips to help you shine during this stage:
- Research Goldman Sachs: Familiarize yourself with the company’s values, culture, and recent news. This will show your genuine interest in the organization.
- Prepare your answers: Practice common interview questions and think about how your skills and experiences align with the internship program.
- Dress professionally: Treat the video interview as you would an in-person interview. Dress appropriately and present yourself in a professional manner.
- Test your technology: Ensure that your internet connection, camera, and microphone are working properly before the interview. Test out the video conferencing software if needed.
- Show enthusiasm: Let your passion for finance and eagerness to learn shine through during the interview. Be confident, articulate, and engaged.
By following these steps and putting your best foot forward, you increase your chances of securing a spot in the Goldman Sachs High School Internship program, where you will gain invaluable skills and knowledge in the finance industry.
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What to Expect as a High School Intern at Goldman Sachs
Being selected as a high school intern at Goldman Sachs is an incredible opportunity for young individuals interested in the world of finance. This prestigious internship program offers a unique glimpse into the inner workings of one of the leading investment banks in the world.
As a high school intern at Goldman Sachs, you can expect to gain valuable experience, learn new skills, and build a strong foundation for your future career.
Typical intern projects and responsibilities
As a high school intern at Goldman Sachs, you will be given the opportunity to work on real projects that have a direct impact on the company’s success. You may be assigned tasks such as data analysis, market research, or financial modeling.
These projects are designed to challenge you and provide you with a sense of the real-world responsibilities that come with a career in finance. Don’t worry if you don’t have prior experience in these areas – Goldman Sachs provides comprehensive training to help you succeed.
One of the key benefits of the internship program is the opportunity to work alongside experienced professionals who will guide and mentor you throughout your time at Goldman Sachs. You’ll have the chance to learn from some of the best minds in the industry and gain insights into their career paths.
This mentorship is invaluable and can help shape your own career trajectory.
Training and mentorship provided
Goldman Sachs understands that as a high school intern, you may not have prior knowledge or experience in the finance industry. That’s why they provide extensive training to help you develop the skills necessary to excel in your role.
You’ll have access to online resources, training modules, and workshops that cover various aspects of finance, including financial analysis, investment strategies, and risk management. This training will not only enhance your technical skills but also your understanding of the industry as a whole.
In addition to the training, you’ll be assigned a mentor who will be there to guide and support you throughout your internship. Your mentor will provide valuable feedback, answer any questions you may have, and help you navigate the challenges of working in a professional environment.
This personalized mentorship is a unique aspect of the Goldman Sachs high school internship program and is highly valued by past interns.
Networking and social events
At Goldman Sachs, networking is a crucial part of building a successful career in finance. As a high school intern, you’ll have the opportunity to network with professionals from various departments and levels within the organization.
You may attend networking events, participate in informational interviews, and connect with employees through mentorship programs. These networking opportunities will not only help you expand your professional network but also gain valuable insights into different career paths within the finance industry.
Goldman Sachs also recognizes the importance of work-life balance and fosters a supportive and inclusive environment. As a high school intern, you’ll have access to a range of social events and activities, such as team-building exercises, volunteer opportunities, and speaker series.
These events provide a chance to connect with fellow interns and employees, making your internship experience not only educational but also enjoyable and memorable.
Conclusion
The Goldman Sachs high school internship offers an incredible jumpstart to your finance career at one of the world’s leading investment banks. While the program is highly competitive, by understanding the firm’s priorities, excelling academically, and presenting your passions in the application, you can stand out from the pack.
With this comprehensive guide covering everything from eligibility criteria to interview tips to program details, you have all the information needed to submit a stellar application. Work hard to build an outstanding high school record, make the most of this career-launching summer opportunity at Goldman Sachs, and position yourself for continued success in the field of finance.