Goldman Sachs IBD Superday & Interview Process (Offer)

Just wrapped up my Goldman Sachs Superday for the Investment Banking Division (IBD) and got the call yesterday! The process was a grind, especially with how competitive this cycle is. Here is a breakdown of my Goldman Sachs interview process for anyone applying next year.

1. HireVue Video Interview

After networking my butt off and getting a referral, I got the automated HireVue link. It was mostly behavioral with one market-awareness question. You get limited time to record.

• "Why Goldman Sachs over other bulge bracket banks?"
• "Walk me through a time you had to manage competing deadlines."
• "Pitch me a stock or tell me about a recent M&A deal you've been following." (I pitched a mid-cap healthcare stock).

2. The Superday (Final Round)

A few weeks later, I was invited to the virtual Superday. I had five back-to-back 30-minute interviews. My interviewers ranged from first-year Analysts to a Managing Director. It was intense, and they definitely test your stress tolerance.

Technical Questions: They didn't hold back on the accounting and valuation technicals. Make sure you know your guides cold.

• "Walk me through how a $10 increase in depreciation flows through the three statements." (Standard, but you have to be fast).
• "Walk me through a DCF step-by-step. How do you calculate terminal value?"
• "If a company has negative EBITDA, how would you value it?"
• "What happens to Enterprise Value if a company issues $100 in debt to buy back $100 in equity?"

Behavioral / Fit Questions: This was mostly with the VP and MD. They care a lot about the Goldman Sachs 14 Business Principles.

• "Which of our 14 principles resonates with you the most?"
• "Are you a leader or a team player? Give me an example."
• "If we give you an offer today, will you sign immediately?" (Say yes!)

Outcome & Salary

I got the offer! First-year analyst base in NYC is $110k, with total comp hitting around $165k-$180k depending on the bonus. My biggest tip: consistency is key. During Superdays, the interviewers literally sit in a room after and compare notes. If you tell one story to a VP and a conflicting one to an Associate, they will find out.