Over 60% of job candidates get rejected in the online psychometric tests stage of recruitment. Practice today and get your dream job with Goldman Sachs first time. Follow proven recommendations and tips from Graduates First, a team of organizational psychologists and recruiters, to pass Goldman Sachs’ aptitude tests, prepare for interviews and assessment center.
This is your 2021 Full Guide into a typical Goldman Sachs’ candidate assessment process. Your real assessment may deviate from the one described below depending on a specific role are you are applying for.
Every year Goldman Sachs receive tens of thousands job applications in the US and UK alone. Unfortunately for applicants, there are only a few job openings at Goldman Sachs and so the competition is extremely tough. In order to streamline the recruitment process, Goldman Sachs use online aptitude tests, often rejecting more than 60% of candidates as a result of candidate responses to them.
The Goldman Sachs recruitment process is made of four different stages; each requiring you to do your best and outperform your competitors if you want to land your dream job. Our step-by-step guide provides expert tips for each of their recruitment stages:
This part of the recruitment process is your first chance to set a good impression and stand out from your competition. The online form will ask you to provide details of your education and any academic results, as well as your work experience. You may be asked some motivational questions, depending on the business area you apply to (see below for some examples). As part of your application you will also be required to attach a cover letter.
Tip: Apply as early as possible, as applications are often reviewed on a rolling basis. This way you increase your chances of progression to the next stage of the recruitment process.
It is very likely that this stage will also include some motivational questions, such as:
What is your motivation to work at Goldman Sachs?
Why do you want to apply for this particular role?
There will also be a section of the application where you need to demonstrate your leadership skills. Think of examples when you acted as a leader and carefully describe these following the S,T,A,R framework: explain the situation and the task you were confronted with, then describe the action you took and its result.
Tip: In answering motivational questions, remember to be as precise as possible: refer to unique facts about Goldman Sachs that motivate you to work there, such as special awards, CSR projects, etc. When describing why you want to apply for this specific role, mention the core skills required for this position and how these match both your previous experiences and personal interests.
Throughout your application, refer to Goldman Sachs’ competencies and make sure to stress how your personal interests and experiences reflect these:
Honesty and Integrity
High Standards of Excellence
If you have successfully passed the online tests stage, you will be invited to a one-on-one interview with a professional from Goldman Sachs. This interview will either take the form of a telephone interview or a face-to-face interview at the Goldman Sachs office. This is an opportunity for you to demonstrate your interest and potential skills that make you suitable for the particular role that you applied to.
This interview will be competency based (CBI) and will be focused around your CV and personal motivations, so review your CV and prepare examples of situations where you demonstrated key skills of ideal candidates: teamwork, determination, creativity, initiative, resistance, leadership etc.
You should prepare some ideas of examples that you can use later during your interview, and should base these on the most common types of interview questions.
Tip: If you are expecting a telephone interview, make sure you find a quiet space where you will not be disturbed.
Want to know what questions could come up in your interview? Graduates First can help with the Question Identifier Tool (QIT). You can find it here.
Goldman Sachs Assessments –
Online aptitude tests
After you complete the online application form you will find out whether you have progressed to the next stage of the recruitment stage – this will consist of online aptitude tests.
The Goldman Sachs online aptitude tests will be supplied by the well-known psychometric tests company: SHL CEB.
Depending on your line of business, these may include Goldman Sachs’:
The difficulty level of the Goldman Sachs online tests will depend on the business area and position you applied to, so be sure to carefully read all the information in the aptitude test invite email.
A. Goldman SachsNumerical Reasoning Test
Since working at Goldman Sachs will require you to use numerical skills and ability to interpret data from tables and charts, the Goldman Sachs’ Numerical Reasoning Test will examine your ability to understand a previously unseen passage – as well as its data. You will be required to perform basic GCSE Maths calculations.
Do not worry if you have not done Maths in a while! The complexity of this does not lie in the knowledge tested but in the time pressure and stress involved. When taking your Numerical Reasoning Test, you will have less than a minute to read each question, analyse data provided and perform the necessary calculations.
Tip: The only way to succeed is to take practice tests beforehand. This way you familiarise yourself with the types of questions and become more confident. Learn how to manage your stress in a safe environment and you will not have to face rejection – just because you were unfamiliar with the process.
For more hints on how to pass a numerical reasoning test, visit our Youtube channel
If you are looking for a Goldman-Sachs-style Numerical Reasoning Test with answers, worked-solutions and professional score reports including personalised tips based on your performance – then Graduates First has it covered.
Goldman-Sachs-style Numerical Reasoning Test Example
Check if you got the correct answer at the bottom of the page.
For more FREE QUESTIONS similar to Goldman Sachs’assessment tests, register with Graduates First and take your FREE Numerical Reasoning Test now!
B. Goldman SachsVerbal Reasoning Test
In the same way numerical reasoning test examines how confident a candidate is in his numerical calculations, Goldman Sachs Verbal Reasoning Test strives to identify whether a candidate can accurately extract the relevant information from a previously unseen passage of text to analyse whether subsequent statements are true, false, or impossible to say based on the information contained in the passage of text.
For more hints on how to pass a verbal reasoning test, visit our Youtube channel
Goldman SachsVerbal Reasoning Test could potentially be more difficult for people who are not native-speakers in English. We suggest to combat this by practicing Verbal Reasoning Test questions as much as possible, as this allows you to understand the specific way in which the texts are built and questions asked.
Remember, you will have around 45 seconds to answer questions like the following
Goldman-Sachs-style Verbal Reasoning Test Example
Got the answer? Check it out at the bottom of the page.
For more FREE QUESTIONS similar to Goldman Sachs’ online aptitude tests, register with Graduates First and take your FREE Verbal Reasoning Test now!
Interviews: Questions and answers
Now how do you prepare for a Goldman Sachs interview?
The answer to this question will depend on the particular line of business and role you applied to. Since each position requires certain set of skills and some pre-requisite knowledge, make sure to do an extensive research to know exactly what is required for this role.
The types of questions asked will examine you against the Goldman Sachs competencies, which we covered above.
Examples of questions may include:
Goldman Sachs Interview teamwork questions
Have you ever been in conflict with a colleague? How did you resolve it?
To answer this question correctly you need to refer to some sort of conflict you were involved with; it is not sufficient to say you are a not a problematic person and have never been in a conflict with anyone. Conflicts are a natural occurrence at a workplace. Think of a situation where your opinion differed to someone else, explain the context and give reasons as to why you believed your idea was superior, but don’t be dismissive or arrogant. Show appreciation and understanding for other team members and describe how you managed to reach a conclusion, referring to skills such as communication skills, compromise, and professionalism.
How would you support one of your team members if you notice they are stressed?
In this question you need to show that you can use your emotional intelligence to be of support to your colleagues and other team members. Refer to your previous experiences where you helped out a colleague, or discuss a hypothetical situation and how you would react to it. It is important to stress that although your involvement and help to team members is appreciated, it cannot be forced to the extent that your invading someone else’s personal space.
Goldman Sachs Interview communication questions
The most common types of questions in this series will be “Tell us more about yourself”. Talk about your academic interests, extracurricular activities, as well as general passions and hobbies. Although these do not have to suit the position you applied to, make sure to stress specific skills you learnt or experiences you gathered. For example, if you competed in sports do not just focus on how much fun it was: stress the discipline and hard work it required, as well as the team skills it involved and developed, etc.
Goldman Sachs Commercial awareness questions
In this section you will be tested on your knowledge and appreciation of the company, and its position in the market. By this point you should have already done your research about Goldman Sachs’ history and culture, sustainability projects, recent developments and technological changes in the industry, and should have a good understanding of its competitors. Potential questions can include:
What do you know about Goldman Sachs?
What are the differences between Goldman Sachs and other competitors in the market?
What do you understand about Goldman Sachs’ company culture and values?
Goldman Sachs Brain teasers
These type of questions are usually considered to be the most difficult – mainly because they are very abstract and as such, there is little advice you can get besides the old cliché – “be yourself”. Assessors are looking to see how you think when confronted with puzzling questions, and how creative your answers can be to questions like:
How many barbers are there in London?
Describe the colour red to a blind person.
How would you test a calculator?
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