Politics, nepotism and volatility - Investment Banking Associate Goldman Sachs Employee Review

2.0
Apr 8, 2016
Recommend
CEO approval
Business Outlook

Pros

Great brand. Huge network. Decent location in London. Great source of research and information.

Cons

Nepotism (and consequently the effects of entitlement) run rampant. No guidance so it's definitely sink or swim. Must have network to survive from Day1 so strive to build one before joining, which is hard. Review system is flawed - you can pick who reviews you and if someone doesn't pick you back it's never questioned even if they end up giving you a bad review (pure trickery)

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5.0
May 26, 2026
Recommend
CEO approval
Business Outlook

Pros

The learning curve is super steep.

Cons

Long working hours and high pressure.

3.0
Jun 30, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The firm encourages and supports to change teams, which is helpful in expanding experience or moving away if you aren't happy with your team

Cons

The promotion has become very opaque lately. They hardly give out promotions, but make you slog and overwork the whole year in the name of it. Basically, you have worked 200% and made to look like a fool by the end of the year.

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