Questions at Goldman Sachs interviews

1. Walk me through your resume top question

How to answer

1. About Yourself

   Print out your resume. For each of your recent job experiences (at this point do not go back more than 5 years), write down 3-5 key points at which you feel you are strong.

   For example, for your current (or previous) job, you may want to list skills like “Excellent presentation skills,” “Employee Engagement guru,” “Analytical skills,” “Attention to detail” (they don’t have to be all soft skills, but being aware of at least a few of your strong soft skills is important). Make sure you have examples for each of your statements.

   If you have difficulties to think of these points, search online for job descriptions for similar job roles, and figure out which of those keywords appeal to you. Look for people on LinkedIn that have jobs similar to the one you are applying for. Their profiles often contain many keywords that you can use in response to this question.

   Now that you’ve gone through all your recent experiences, are there any points that repeat more often than others, or are especially important to you? These are candidates to be your Key Selling Points -highlight 3-5 of them.

2. About The Company

   Research the company and the role for which you're being interviewed. When researching the company, find out what skills and qualities they value the most. Carefully consider the job requirements. What is it that you will be responsible for?

   Now, write down 3-5 keywords from the job description that you find of utmost importance for this job role.

3. About The Fit

   Try to establish the match between your own highlighted keywords, and those of the job description. These are your Key Selling Points! You should normally limit yourself by 3-5 such keywords or phrases.

   Now, craft a story based on your career history. You don’t have to go in chronological order - you can start with your current or last job experience, and then go back to your previous ones, or focus on just the experiences that are relevant to your story, and only briefly mention the less relevant ones and only if needed.

   Select one point to highlight for each phase of your career. Make sure you ingrain your Key Selling Points in the interviewer’s memory - after the interview is over, you want them to remember you as someone who is strong at XYZ, or experienced in A, B and C.

   It's okay to focus more on stellar achievements and brag a little bit about them.

Pro Tip

Statistics

This question is asked 10.3x more frequently at Goldman Sachs than at other companies.

2. Tell me about yourself

How to answer

1. About Yourself

   What is your current occupation? Define yourself professionally in one statement.

   Pick 3 key skills that make you great at your work (your Key Selling Points). How have you applied these skills?

   Try to give some numbers to support your statement.

2. About The Company

   Your first step is to Research the company to find out as much as you can about what they do and their approach to their business and their employees.

   Based on what you know about the company and the job description, why are you interested in the position you are applying for?

3. About The Fit

   Now is the right time to show the fit between your skills and the company's requirements. Your answer works best if you emphasize your relevance. How do you do this? You will have already researched the company, studied the job description to identify their needs and possible pain points and prepared the relevant Star Stories that show how you addressed similar issues in the past. Your next step is to develop your Present-Past-Present approach.

   Start with the Present. Focus on the skills and experience from your most recent positions. What has enabled you to get the job done successfully and how this relates to what the employer is looking to accomplish.

   Next go back to the Past. Here is where your Star story comes in. Explain how you were able to use your skills and experience to accomplish a task that relates to an area of concern for the employer.

   Finally come back to the Present – summarizing the lessons you learned and how they shaped your response and approach today.

   Remember, the whole conversation is about the present, not the past. Just one sentence can summarize why your approach works, and its applicability and relevance to this position.

Pro Tip

Statistics

This question is asked 8% less frequently at Goldman Sachs than at other companies.

3. What is your greatest weakness?

How to answer

1. About Yourself

   No one is perfect and your interviewer doesn't expect you to be perfect either.

   While it is good to be honest and open, it will not help you to put yourself down.

   What's important is to find a weakness that you have overcome. How you turned what might be considered a negative into a positive.

2. About The Company

   Research the company (website, social media, etc) to learn about the company culture.

   What personal and professional qualities do they value?

3. About The Fit

   This is the time to clearly state a true weakness that you have overcome.

   Be as specific as possible and stay away from vague cliches like “I work too hard.” It would be difficult for anyone to try and explain how they overcame a weakness like that

   Mr. Simon emphasizes the Present-Past-Present method of responding to behavioral questions. When you are asked about your greatest weakness, you should be able to successfully use this approach as well. Here is an example of how someone might answer this question.

   Present - "I have always had a fear of public speaking, and believe this may have held me back in my career, especially when having to make presentations to management."

   Past - "Last year I learned about Toastmasters International and decided to join this group to help me gain confidence in myself and improve my ability to present to others in just about any situation."

   Present - "By overcoming this weakness I believe that it has made me a much stronger candidate for this position, someone you can count on to make presentations to management, conduct training and communicate at a high level."

   It's important to show how well you've overcome a weakness by motivating yourself and learning a new skill to grow professionally.

Pro Tip

Statistics

This question is asked 0% less frequently at Goldman Sachs than at other companies.

4. Where do you see yourself in 5 years?

How to answer

1. About Yourself

   What challenges do you like overcoming? Where are you starting from and where might you be going?

   For example, let's say the position you are applying for is junior accountant. It includes a wide range of tasks such as basic bookkeeping, financial analysis, and reporting. If accounting is your chosen field, then you would most likely want to move in the direction of obtaining your CPA so that you might step up to more responsibility as an accounting manager or senior auditor within the next 5 years. Your responses should make sense in how you see yourself growing in your professional career.

   However, at this point, if you are happy just where you are and want to further your current skills, that is also fine as long as there is a growth path for you that can be imagined and described.

2. About The Company

   Research the company to learn what career opportunities may be available in the department you are applying to, and what the trends are in the company in general.

   • Is the business expanding, are they opening new locations, or starting new projects?
   • Or are they heavily automating and cutting staff?

   Let’s say you are applying for a UX designer position for a brand-new product.

   In the future, if the product becomes a success - which is what the company hopes for - the company will hire more designers and you may become a lead designer, or you may become a product manager.

   On a side note: If you train your mind to be open to opportunities you will be amazed at how much this world has to offer to you!

3. About The Fit

   And, of course, try to see where the perfect fit lies between your own potential and aspirations, and the company’s trends and hopes.

   However, beware of the risk of showing too much excitement for future opportunities compared to your attitude towards the current position.

   As we said earlier, you must show interest and enthusiasm for the position you are applying for. If the interviewer senses that you are more enthusiastic about future growth than about the current position, they may conclude that you are not the right person for the job at hand.

Pro Tip

Statistics

This question is asked 39% less frequently at Goldman Sachs than at other companies.

5. Why did you choose your major?

How to answer

1. About Yourself

   This is your chance to highlight your strengths and how your major prepared you for your future plans.

   Your answer to this question should reflect your passion and interest in the field you chose. Be genuine.

   There’s every reason to display your passions and interest in your major. They will give interviewers a sense of who you really are.

   Think about who or what influenced your career choice and include the positive influences, not the negative ones.

   • How does this tie into your major?
   • How will you bring your passion and unique knowledge to the new company?

   Emphasize your strong people skills and excellent communication skills, allowing you to connect with others.

   Think of the skills and experiences you gained through your major, think back to assignments and projects from your studies, internships and previous jobs. Consider the skills you developed working on those projects.

2. About The Company

   Write down a list of skills and experiences you gained through your major studies.

   Then, look at the job listing itself.

   Match up any of your skills and experiences that relate to the requirements of the job. How can you apply them to your new position, as well as the future?

3. About The Fit

   Use this question as an opportunity to mention a few skills related to your chosen major that would also be relevant in the workplace.

   Point to a good culture fit.

   Be positive, showing your enthusiasm. Let them know you're excited to be where you are.

   Discuss what you enjoy about the industry you’re considering and why you could see yourself working in it. Even if your major is not directly related to the job, you can likely find connections between the two.

   This is also a chance to explain other ways you have developed skills that will fulfill the role you're applying for.

   For example, perhaps you were a biology major who is applying for a job in computer programming. You might explain that you took a number of online and extracurricular classes on programming to develop the skills needed for the job.

Pro Tip

Statistics

This question is asked 5.6x more frequently at Goldman Sachs than at other companies.

6. Tell me about your greatest professional accomplishment

How to answer

1. About Yourself

   In preparation for answering this question, list the top 3 professional accomplishments that you are most proud of. No need for lengthy descriptions, just a sentence or two for each one to help you recall each situation.

   Write down your Key Selling Points - your top 3-5 skills that make you a strong professional.

   Make sure you have developed the story behind each accomplishment and have a strong command of the details of what happened so that you can tell the story clearly and distinctly.

   Along with each accomplishment, mark which of your Key Selling Points they showcase. How exactly?

2. About The Company

   Based on your research of the company, what are their current needs?

   • What are the major projects going on?
   • What are the expectations for the position you are applying for?
   • Think about which of your accomplishment stories best fit their needs and expectations?

3. About The Fit

   Once you have decided on the appropriate accomplishment story, think how you will relate it in an interview and how you will make it relevant to the the job you are seeking. One approach is to use the Present-Past-Present technique.

   Let's say that the accomplishment was leading your team in installing a new billing system and bringing it in on time and under budget.

   You might start off in the Present by talking about the importance of having good leadership skills.

   Then move to the Past to relate your story about how you successfully lead your team in accomplishing the objective.

   Finally, come back to the Present to address how you will be able to help them reach their goals (the ones you learned about when researching the company) going forward.

   Be sure to keep practicing your accomplishment story until it flows naturally and convincingly.

Pro Tip

Statistics

This question is asked 53% more frequently at Goldman Sachs than at other companies.

7. Describe a time you worked on a team with individuals from different cultural backgrounds

How to answer

1. About Yourself

   Answering this question highlights your ability to navigate cultural differences at work.

   Think about your team experiences and times when you’ve had to overcome differences with colleagues.

   • How do you adapt to working with team members of different communication styles?
   • Are you open-minded enough to consider all their ideas even if you don't agree?
   • How do you handle the differences in attitudes and values between you and people from other countries or backgrounds?
   • Do you show respect and are you diplomatic with people who may hold different beliefs?

   Maybe you haven’t worked with people from different cultures, but you may have been studying or been friends with people from different backgrounds.

   Address your personal life, if necessary, and emphasize your curiosity and openness to other cultures.

2. About The Company

   A careful review of the job description, along with some research of the company will help you anticipate what aspects of global/cultural awareness are most important for a particular role in the company you are applying to.

3. About The Fit

   The ability to demonstrate openness, inclusiveness, sensitivity, and respect are the hallmark of a person capable of working with and understanding others and their individual differences.

   Your task is to prove to the interviewer your ability to build strong and caring relationships based on trust and shared goals.

   We recommend using the Present-Past-Present method to put forth your ability to work on a team with individuals from different cultural backgrounds.

   Start with the Present by telling the interviewer about your approach to teamwork - for example, your positive view of teamwork itself and how you believe that people from different backgrounds strengthen the team effort by adding perspective to the challenges it may face.

   Next, go back to the Past and use the STAR method to tell a story about how your experience helped you to create an open and inclusive workplace environment, so all team members felt empowered to contribute. You might say something like: “At my recent work, representatives of different cultures participated in one common project to fix our company's multi-national shipping problem. My understanding of how team members from different backgrounds, with different political views and various levels of English language skills had to effectively work together. My leadership enabled the team to bring our project to a successful conclusion.”

   Lastly, come back to the Present to ensure the interviewer that you are very comfortable working with team members from other cultures and possibly with different communication styles.

Pro Tip

Statistics

This question is asked 4.4x more frequently at Goldman Sachs than at other companies.

8. What is the biggest lesson you've learned from a mistake you made?

How to answer

1. About Yourself

   Do your best to tell a positive story about how the mistake was made, how you dealt with it and what learned from it.

   We all make mistakes from time-to-time. Answering some of the following questions will help you understand your own view of dealing with mistakes and their consequences.

   For instance:

   • How do you use a mistake to improve your abilities?
   • Are you self-aware enough to acknowledge failure and weakness?
   • Do you take smart risks?
   • How do you view success, failure, and risk in general?
   • Do you take responsibility for past mistakes instead of putting the blame on others?
   • If the situation repeats, what would you do differently? What would you do again?

2. About The Company

   Before the interview, look over the job listing, research the company.

   Try to think of a mistake you have made in the past that is not too closely related to the requirements of the job you are interviewing for. What kind of challenges might you face if you get the job here?

3. About The Fit

   It’s your opportunity to emphasize the skills or qualities you gained from your past negative experience that are important for the job you’re interviewing for now. The best way to answer a question like this is to use the Present-Past-Present method.

   Start with the Present by ensuring the interviewer that even though you have made mistakes in the past, the lesson that you learned is to always carefully double-check your work and to make sure you plan ahead for any possible contingencies.

   Next go back to the Past to relate a STAR story that will tell the interviewer about a time when you made a mistake but were able to make the right adjustment to turn a potential negative into a positive. You might say something like: "I was responsible to provide one of our best customers a time frame for completing an important project. In my eagerness to impress them I miscalculated how long it would take and we missed the deadline. The customer was very disappointed and we nearly lost their business. After my manager explained the problem to me I worked very hard to improve my approach to project management and meeting timelines and nothing like this has happened again."

   Finally come back to the Present to tell the interviewer that you have the ability to learn from negative experiences and going forward you will approach all tasks with a mindset that will enable you to adjust quickly.

Pro Tip

Statistics

This question is asked 2.9x more frequently at Goldman Sachs than at other companies.

9. If I gave you $40,000 to start a business, what would you start?

How to answer

1. About Yourself

   Let’s face it, we have all dreamed a little bit about starting our own business. Only some of us haven’t, and its usually because we do not have the financial means to do so.

   Some of us don’t know how to go about it or have the right entrepreneurial spirit to start into the unknown.

   However, if money was no object, and you have a great idea, what kind of business would you start?

   Ask yourself the following questions, they will help you concentrate:

   • What makes you happy?
   • What are you passionate about? What interests you the most?
   • What is the thing you are the best at?
   • Where could you leave the greatest impact?
   • Do you need a team for your business, or you want to work independently?

2. About The Company

   Research the company, its corporate website, its tone and mission, social media accounts.

   • What do they value in their employees?
   • What are their current goals?
   • What will your responsibilities be in this position?

   Review sites like Glassdoor to see how real candidates might have answered this question.

3. About The Fit

   You can go two ways with the answer to this question:

   1. You may genuinely answer that you have no interest in starting and running a business. You prefer working for a company in a job you really like and to have the opportunity for advancement to a position of... (insert your choice here).
   2. If you choose to name the type of business you would like to start, try not to think of one that would be in competition with the prospective employer. If you are interviewing with a CPA firm, you probably should not tell them you would like to start your own CPA business. You might just as well tell them you are not interested in the job.

   As we said, most of us never go down this road. However, if you wish to respond to this question, try to see where the perfect fit lies between your own potential and aspirations, and the company’s trends and hopes.

   Make the story of your “future business” so that you can highlight your Key Selling Points and qualifications which will match the requirements of the company.

   “Develop” a business plan using specific targets for what you want to achieve with the initial investment. Your skills and passions should be clear in this “business plan” to impress the interviewer.

   For example, “If I had 40,000 dollars, I would probably invest the money in an up and coming tech startup. I have always had a huge interest in technology and advancements, so this would be right up my alley.”

   The $40,000 is an investment and not a business you would run yourself.

Pro Tip

Statistics

This question is asked 23.8x more frequently at Goldman Sachs than at other companies.

10. Describe a time when you resolved a conflict with a colleague in your past role

How to answer

1. About Yourself

   Think of the times you had to deal with conflict.

   • What were the different ways you were able to address the situation?
   • If you were the cause of the conflict, how did you handle it and what role did the other person play in helping to resolve the conflict?
   • What were the key lessons you learned through your experience?

2. About The Company

   Research the company and its culture.

   • What do they value?
   • Is there anything that you can find about how they deal with conflict resolution?
   • Do sites such as Glassdoor give any indication of the kinds of conflicts that might occur and how they are handled?

   Reading comments on the company's social media posts often prove helpful to see how they react to customers' complaints.

3. About The Fit

   Consider the Present-Past-Present method to tell a story of how you addressed conflict and how it turned a negative into a positive.

   Start with the Present to expain to the hiring manager how you always ask questions and listen carefully to your coworkers perspective to understand both sides of an issue and apply your sense of fairness when it comes to resolving potential conflicts with others.

   Then go back to the Past using the STAR method to frame your story. Here is an example of how someone might relate just such a story:

   "My coworker, who started with the company about 6 months before me explained the process the department used for tracking certain data metrics. In my "wisdom" I thought I had a better way. Without telling my colleague what I was doing I went ahead and tried my own way. Unfortunately my way did not quite do the job and as a result we had to start again. He was naturally upset but I brought out my best listening skills to understand his perspective and we agreed to start again with the next reports. I learned a lesson and we have worked together very well since that time."

   Finally, come back to the Present to explain how you skills at listening to and doing your best to understand the other person's point of view is a valuable asset and makes you a strong candidate for the position.

Pro Tip

Statistics

This question is asked 57% more frequently at Goldman Sachs than at other companies.