Goldman Sachs runs a nine to ten week Summer Analyst program for undergraduates and a Summer Associate program for MBA, PhD, JD, MD and LLM students, and 2027 applications are open for select businesses in the Americas and on a rolling basis in EMEA. India's eight to ten week program opened on July 1, 2026. If your application is selected, the first step is a video interview of about 30 minutes, then a Superday of two to five interviews, depending on the division. To rehearse both rounds, Soreno, an AI voice interview practice app for consulting and finance candidates, has free video answer practice with no sign-up and full banking mock interviews with follow-ups and scored feedback.
Updated
Goldman's programs range from one-week spring internships to full-time roles. The summer internships split by degree and by region, and each card below comes from that program's own page.
A summer internship for undergraduates, built to immerse you in the firm's day-to-day work.
The same nine to ten week internship in Europe, the Middle East and Africa.
An eight to ten week internship for undergraduate and postgraduate students.
A nine to ten week internship for graduate students that shows what the full-time job is like.
Longer internships with job shadowing of Goldman professionals and case study assignments.
A program that prepares second-year students for future Goldman internships.
Goldman's India summer page and EMEA off-cycle page both list these areas. Each line is from Goldman's own description, in short. In the Americas, the application shows which businesses are open.
Advisory
Investment banking services for corporations, financial institutions, entrepreneurs, asset managers and governments.
Markets
Insights, analytics, platforms and client service to deliver sales and trading execution in financial markets.
Investing
Investment management across all major asset classes, and advice and execution for institutions and individuals.
Research
Research across country economics, macro markets and single stocks, where speed to market is critical.
Technology
Builds and deploys the technology that drives the firm's businesses. Engineering applicants also take a HackerRank assessment.
Control
Operations supports every agreed trade, product launch and completed transaction. Risk manages the firm's financial and non-financial risks.
Each summer program page lists the same three parts. Goldman's Students page gives the size of the 2026 class.
First
The firm's culture, and the benefits and responsibilities of being a member of the firm.
Then
Training designed to help you succeed in your division.
All summer
Real responsibilities alongside fellow interns and Goldman's people. Goldman says its interns learn by getting involved in real projects, not by watching.
2026 class
From more than 500 schools, speaking more than 70 languages, according to Goldman Sachs Campus Recruitment.
Our invented company has 50 million diluted shares at $20, $300 million of debt, $50 million of preferred stock, $100 million of cash and $125 million of EBITDA. What is its enterprise value and EV/EBITDA? Then it writes down $20 million of inventory at a 25% tax rate. Walk the three statements and say what happens to enterprise value.
Step 1
Equity value is 50 million times $20, or $1,000 million. Add debt and preferred stock, subtract cash: $1,250 million, which is 10.0x EBITDA.
Enterprise value vs equity valueStep 2
Pre-tax income drops $20 million. Taxes fall $5 million, so net income is down $15 million.
Step 3
Start from net income down $15 million and add back the $20 million non-cash write-down. Operating cash flow and cash are up $5 million, the tax saving.
Step 4
Cash up $5 million and inventory down $20 million leave assets down $15 million. Retained earnings fall $15 million, so both sides match.
How the three statements linkAnswer
If the share price hasn't moved, the extra $5 million of cash lowers net debt, so enterprise value goes from $1,250 million to $1,245 million. Say the assumption out loud.
From Goldman Sachs: Students, Goldman Sachs: Prepare, Goldman Sachs: 2027 Summer Analyst Program (Americas), Goldman Sachs: 2027 Summer Analyst Programme (EMEA), Goldman Sachs: 2027 Summer Analyst Program (India), Goldman Sachs: 2027 Summer Associate Program, Goldman Sachs: Off-Cycle Internships (EMEA), Goldman Sachs: Emerging Leaders Series, Goldman Sachs: New Analyst Program and Goldman Sachs: Explore Our Firm.
From Goldman's Students and Prepare pages.
Goldman says it actively seeks talented people from all academic backgrounds for its university programs and entry level roles. A finance major is not required.
Goldman asks you to read the divisional descriptions and work out where your experiences and skill sets align. Your why answer should name that match.
Because the same skills may translate to several divisions, Goldman encourages you to learn about all of its opportunities before you decide.
Goldman points students to My GS Events for virtual and in-person sessions, workshops and networking, and to alumni and campus ambassadors through your school's careers office.
Goldman describes an apprenticeship culture where interns get involved in real projects. Stories where you learned on the job fit that well.
The steps in order, from Goldman's Prepare page for students.
Step 1
Explore the programs, then pick the divisions and locations that fit your skills and interests. Locations are listed in each application.
From Goldman Sachs: Prepare.
Step 2
Register at My GS Events for information sessions, skill building workshops, panels and networking events, online or in person.
How to answer why Goldman SachsFrom Goldman Sachs: Prepare.
Step 3
Goldman evaluates applications throughout the recruiting season, so you may hear back about different roles at different times. EMEA says to apply as soon as you are ready. For technical help, Goldman lists careersfeedback@gs.com.
Investment banking recruiting timelineFrom Goldman Sachs: Prepare and Goldman Sachs: 2027 Summer Analyst Programme (EMEA).
After you apply
Goldman says you will hear from it shortly after you submit, later in the season with a status update, and at the end of the season. You can check your status in the application portal at any time.
From Goldman Sachs: Prepare.
Round 1
If your application is selected, you record a video interview on HireVue. Engineering applicants also take a HackerRank assessment.
Goldman Sachs interview questionsFrom Goldman Sachs: Prepare.
Round 2
If you are selected after the video, you are invited to final round interviews, typically two to five for campus hires depending on the division, with a cross-section of people you could work with.
What a Superday is likeFrom Goldman Sachs: Prepare.
Our own wording, for the video interview and the Superday. Sample answers are written by our team, and the applicants are invented.
For the video and every Superday room. Keep each answer to about a minute.
Why Goldman Sachs, and why this division?
Sample answer. I want Investment Banking because I like testing a company's numbers against what management says, which is what I did leading the valuation work in our student fund. At a campus session, two analysts described interns building pieces of client materials from week one. That matches how I learn, by doing the work next to someone better than me.
One reason tied to the division's work and one thing you learned from a Goldman person or event. Name the match between your experience and the team. Practice it, see a model answer
Walk me through a market story you are following.
Sample answer. I have been reading about how higher borrowing costs push buyers toward stock deals and minority stakes instead of heavily borrowed buyouts. For a corporate client, that changes which deals pencil out. Next I would watch whether falling rates bring sponsors back to auctions.
One story, why it matters to a client and what you would watch next. Your own reading, never a claim you can't back up. Practice it, see a model answer
Tell me about a time a team disagreed on how to solve a hard problem.
Both views in a sentence, how you tested them with facts, and the result in a number. Practice it, see a model answer
Describe a time you caught an error just before a deadline.
Sample answer. Two hours before a partner review at my accounting internship, I saw a cash flow formula subtracting an increase in payables instead of adding it. My task was formatting, but I flagged it to the senior associate, showed him the cell and fixed the three slides that used it. We sent an accurate deck on time.
What you saw, who you told and how fast you fixed it. Show you spoke up even when it wasn't your task. Practice it, see a model answer
Tell me about a time you learned a tool quickly to finish a job.
The deadline, how you learned it and how you checked your work before handing it in. Practice it, see a model answer
Two people give you urgent work at the same time. What do you do?
Find the hard deadline, tell the other person your new time before it slips, then deliver both. Practice it, see a model answer
Ours. Say the number first, then the reasoning.
A company borrows $100 million at 6% to buy back $100 million of stock. What happens to enterprise value and the P/E multiple?
Sample answer. Enterprise value is unchanged: debt rises $100 million and equity value falls $100 million. At a 25% tax rate the after-tax cost of debt is 4.5%, which matches a P/E of 22.2x. Below that, EPS rises. If the share price holds, a higher EPS means a lower P/E multiple, and a lower EPS means a higher one.
Enterprise value doesn't move at the moment of the deal. Then compare the P/E with the inverse of the after-tax cost of debt. Practice it, see a model answer
Pitch me a stock or a trade in 90 seconds.
The call, the catalyst, why the price is wrong and the main risk with where you would get out. For Markets, keep it to four sentences. Practice it, see a model answer
How would you find out why a data pipeline got slow?
Sample answer. I would log timestamps at each stage before touching the code. In a class project, profiling showed most of the time sat in an unindexed join inside a loop. Moving the join out and adding the index cut the run from minutes to seconds, and I kept the timings to show it.
For Engineering and Operations. Measure each stage before changing anything, fix the slowest one, then show the before and after.
What would you ask your interviewers at the end of a Superday?
A question about their team that only they can answer, such as what the strongest interns did in their first weeks. Not one the website answers.
Goldman evaluates applications through the season, and EMEA reviews on a rolling basis. A late application competes for fewer places.
Goldman encourages you to learn about all its opportunities. Be ready to say why your first choice beats the one next to it.
Tie your reason to something you learned at a Goldman event or from a Goldman person, then to the division's work.
It is the first interview, about 30 minutes, and only selected applicants reach the Superday after it.
Our plan, built on Goldman's Prepare page.
Days 1 to 3
Read Goldman's description of each division you applied to and write a 60-second answer on how your projects match its work.
Days 4 to 6
One macro theme and one company or deal you can discuss. Goldman's weekly Briefings newsletter is one place to start.
Days 7 to 10
For finance divisions: the three statements, enterprise value, a DCF and merger math, out loud and without notes. For Engineering: timed coding problems.
Days 11 to 14
Record six one-minute answers to the fit questions above, look into the lens, watch them back and cut the filler.
Soreno's AI interviewer asks fit and technical banking questions by voice, follows up the way a real interviewer would and scores each answer. The worked example and sample answers here are Soreno's own. Soreno is not affiliated with Goldman Sachs.
Yes. The Americas Summer Analyst and Summer Associate pages say applications for select businesses are open, and the EMEA Summer Analyst Programme is open with rolling review. India's 2027 program opened on July 1, 2026.
In the Americas, students pursuing a college or university degree, usually in the third or penultimate year. In EMEA, bachelor's or master's students in the penultimate or final year. In India, students graduating in 2028.
Nine to ten weeks for the Summer Analyst program in the Americas and EMEA and for the Summer Associate program in the Americas, and eight to ten weeks in India. EMEA off-cycle internships last 3, 6 or 12 months.
A video interview on HireVue that takes about 30 minutes. Engineering applicants also take a HackerRank assessment.
Goldman says it typically conducts two to five final round interviews for campus hires, depending on the division.
Whether or not you get an interview, Goldman says you will hear from it shortly after you apply, later in the season with a status update, and at the end of the season. Different roles can answer at different times.
No. Goldman says it recruits talented people from all academic backgrounds into its university programs and entry level positions.
Goldman's New Analyst Program in the Americas is a full-time program for students graduating between December 2026 and July 2027, open for select businesses.
