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How To Get A Job At Goldman Sachs
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As one of LinkedIn's most attractive employers, Goldman Sachs is considered a dream company for many professionals. CNBC contributor and bestselling author Suzy Welch spoke to Dane Holmes, Goldman Sach's head of human capital management, about the six ways to land a job at the financial services firm.
Goldman Sachs is a dream employer for anyone eyeing a career in finance.
The company is No. 21 on LinkedIn’s 2019 Top Companies list and recently caught headlines for relaxing its famously strict dress code.
Here are his six tips:
1. You can still apply if you didn’t major in finance
Holmes tells Welch that while it may come as a surprise, finance is not considered the “perfect major” for landing a job at the company.
“Finance, or accounting, or econ or computer science are core majors.” But, he says, many of the company’s top executives actually majored in English.
2. Demonstrate your grit
Holmes explains that when applying for a job at Goldman Sachs there are three ways to show grit on your resume that will make you stand out.
First, he says, Goldman Sachs is interested in hiring people who aren’t afraid to pursue their passions. For example, he says, a eye-catching resume might feature a “strange double-major, like biology and economics.” This shows, he says, “that I’m passionate about these things, and while everyone will suggest that I shouldn’t do it because of what it will do to my GPA, I’m doing it anyway.”
Second, he says, Goldman Sachs is impressed by any applicant who had a job while in school, because it shows that they know how to balance priorities.
Last, he says, the company appreciates candidates who did community service while in college.
Holmes says Goldman Sachs is on the hunt for candidates who’ve said to themselves, “I’m so passionate about these things. I want to do them. I don’t want what’s necessarily easy. It’s OK that it’s hard, and I’m going to figure it out.”
3. Talk about failure
Talking about failure in an interview is never comfortable, but Holmes says “failure is a big part of getting to understand how someone operates and what motivates them.”
He encourages candidates to openly talk about their past mistakes and how they learned from them. When an applicant does this, he says they tend to have a better overall interview, because “there is some honesty and some transparency versus stock answers.”
4. Don’t be afraid to show emotion
Welch and Holmes agree that there’s nothing wrong with showing emotion in front of a hiring manager. It often helpful, Holmes says, for hiring managers to see a candidate who’s “touched personally because they overcame something that hurt.”
Holmes says the whole point of an interview is for you to show that you can be an honest and authentic person.
“When we are going to put you in a very demanding, high-expectation job, it’s better the more we understand what motives you and what drives you,” he says.
5. Mention your quirky hobbies
Holmes says it’s important to emphasize the hobbies and traits that make you unique.
He encourages candidates to talk about “anything that ends up being different” about you from what hiring mangers might expect — it will show that you live a “rich life.”
“We generally like interesting people,” he says. “One of the things we always say to people is ‘be interesting.’”
6. Don’t be afraid to ask about work-life balance
Holmes says it’s completely appropriate to ask about work-life balance in an interview at Goldman Sachs. “If somebody asks me, ‘Tell me about work-life balance,’ I would view that as a very thoughtful question to ask,” he says.
He says that technology has made it hard to determine when work begins and ends and, as an employer, it’s the company’s responsibility “to serve that whole person.”
“We understand there is not just a ‘work person’ and a ‘life person,’” he says. “There is a person, and we have to address it all.”
About CNBC Make It.: CNBC Make It. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money.
Connect with CNBC Make It. Online
#CNBC
#CNBCMakeIt
#GoldmanSachs
How to get a job at Goldman Sachs | CNBC Make It.
Goldman Sachs is a dream employer for anyone eyeing a career in finance.
The company is No. 21 on LinkedIn’s 2019 Top Companies list and recently caught headlines for relaxing its famously strict dress code.
Here are his six tips:
1. You can still apply if you didn’t major in finance
Holmes tells Welch that while it may come as a surprise, finance is not considered the “perfect major” for landing a job at the company.
“Finance, or accounting, or econ or computer science are core majors.” But, he says, many of the company’s top executives actually majored in English.
2. Demonstrate your grit
Holmes explains that when applying for a job at Goldman Sachs there are three ways to show grit on your resume that will make you stand out.
First, he says, Goldman Sachs is interested in hiring people who aren’t afraid to pursue their passions. For example, he says, a eye-catching resume might feature a “strange double-major, like biology and economics.” This shows, he says, “that I’m passionate about these things, and while everyone will suggest that I shouldn’t do it because of what it will do to my GPA, I’m doing it anyway.”
Second, he says, Goldman Sachs is impressed by any applicant who had a job while in school, because it shows that they know how to balance priorities.
Last, he says, the company appreciates candidates who did community service while in college.
Holmes says Goldman Sachs is on the hunt for candidates who’ve said to themselves, “I’m so passionate about these things. I want to do them. I don’t want what’s necessarily easy. It’s OK that it’s hard, and I’m going to figure it out.”
3. Talk about failure
Talking about failure in an interview is never comfortable, but Holmes says “failure is a big part of getting to understand how someone operates and what motivates them.”
He encourages candidates to openly talk about their past mistakes and how they learned from them. When an applicant does this, he says they tend to have a better overall interview, because “there is some honesty and some transparency versus stock answers.”
4. Don’t be afraid to show emotion
Welch and Holmes agree that there’s nothing wrong with showing emotion in front of a hiring manager. It often helpful, Holmes says, for hiring managers to see a candidate who’s “touched personally because they overcame something that hurt.”
Holmes says the whole point of an interview is for you to show that you can be an honest and authentic person.
“When we are going to put you in a very demanding, high-expectation job, it’s better the more we understand what motives you and what drives you,” he says.
5. Mention your quirky hobbies
Holmes says it’s important to emphasize the hobbies and traits that make you unique.
He encourages candidates to talk about “anything that ends up being different” about you from what hiring mangers might expect — it will show that you live a “rich life.”
“We generally like interesting people,” he says. “One of the things we always say to people is ‘be interesting.’”
6. Don’t be afraid to ask about work-life balance
Holmes says it’s completely appropriate to ask about work-life balance in an interview at Goldman Sachs. “If somebody asks me, ‘Tell me about work-life balance,’ I would view that as a very thoughtful question to ask,” he says.
He says that technology has made it hard to determine when work begins and ends and, as an employer, it’s the company’s responsibility “to serve that whole person.”
“We understand there is not just a ‘work person’ and a ‘life person,’” he says. “There is a person, and we have to address it all.”
About CNBC Make It.: CNBC Make It. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money.
Connect with CNBC Make It. Online
#CNBC
#CNBCMakeIt
#GoldmanSachs
How to get a job at Goldman Sachs | CNBC Make It.
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