Interviewing Successfully

1.Come prepared for the interview - it is a great opportunity to find out more about Goldman Sachs and the industry. Feel free to ask questions - and have some questions ready!

2.Gather your thoughts about why you are interested in investment banking. What do you know about Goldman Sachs? What appeals to you about our firm and the division you are applying to?

3.Think about yourself and your stren

gths and weaknesses? What motivates you? What relevant skills have you acquired through work experience or other activities?

4.Relax when you are being interviewed. You are there because you are intelligent and well qualified - you just need to demonstrate it.

5.Initial impressions count but don't worry unnecessarily - the occasional slip is OK.

6.Develop empathy with your interviewer - watch for their cues.

7.Know the dress code and wear something appropriate.

8.Make a natural personal impact with handshake, your smile - and maintain eye contact.

9.Build rapport with natural interest and humour - be yourself - that's who we're interviewing.

10.Pause and think before replying hastily and don't be afraid to ask for a question to be clarified.

11.Be aware of your natural body language and watch your posture - try not to stare out of the window - and don't fidget!.

12.Think about the environment you are going into and the culture of the company you are trying to impress.

13.Rehearse your answers to difficult questions.

14.Switch off your phone before you arrive!


---tips from Goldman Sachs ---

再解释一些常用的词语---

Analyst

1. a person who studies financial markets and components of them to contribute strategic data

2. as in program at Goldman Sachs, the point of entry for highly qualified college graduates

Asset Allocation

the apportionment of an investment portfolio among the various asset classes or markets (cash, fixed interest, property, and shares) in line with the investment outlook of the investor or investment manager

Assets

the resources available to an individual or organization

Block Trade

a trade involving a large quantity of stock or large dollar amount of bonds. Loosely, a block trade would involve 10,000 or more stock shares or in excess of US$200,000 in bonds

Bond

In its basic form, a bond is a loan and reflects a promise by a borrower (the issuer of the bond) to repay the amount borrowed (principal) at a specific date in the future, at an agreed upon interest rate. The maturities of bonds vary significantly but are generally longer term and often longer than one year. Bonds also vary based on the type of issuer (corporate, municipal, government entity) and in their structure, such as coupon interest, yield, protection of principal, put and call features, tax implications, etc. Issuers use the bond markets to raise debt capital

Brokerage

a commission or charge by an intermediary, such as a stockbroker, for the execution of a transaction

Clearing and Settlement

process of completing a transaction

Commercial Paper

Commercial Paper is short-term, unsecured debt sold by corporations and financial institutions as an alternative to bank borrowings

Commission

payments made by the provider of a product to its seller for its sale/maintenance

Commodities

raw materials such as grain or precious metals. Contracts for purchase and sale of commodities are sold on commodities exchanges

Controllers

department that oversees financial accounts and transactions for the firm

Derivatives

futures and options on various commodities or securities

Disclosure

release of information relevant to a transaction. In a securities transaction, the dealer must disclose details of any commission or remuneration generated by the transaction and any other relevant interests they have

Due Diligence

obligation to be thorough and to proceed with care and caution in matters on behalf of the client

Equity

the value of the ownership of an investment

Equity Story

background research identifying strengths and weaknesses related to a stock, assessing institutional investors' interests in purchasing the stock, valuation, and supporting our banking professionals on the structural elements of the deal. "Research forms the bridge between the investors and investment banking."

Exchange Floor

location at a securities exchange where transactions take place

Financial Models

tools used to determine the value of an investment in a company, commodity, currency, government initiative, etc. To build a financial model, an analyst may consider past performance, current market trends, political climate and overall value of the issuer, for example

Fixed Income

interest-bearing notes, bonds and bills that pay a specified percentage of interest over the life of the loan

Future

a contract obligating the holder to buy or sell a commodity or security at a specific price on a specific date

Gearing

the relationship between ownership (equity) and associated borrowings. In a highly geared situation, the borrower has a high level of debt relative to equity. The higher the gearing the greater the risk and the greater the potential for profit or loss

Hedge Fund

a fund invested in a way to provide balance against risks taken as a result of other investments

IPO

(initial public offering) The first issue of stock or other securities by a company for sale to the public

Issue

a series or quantity of financial securities made available for sale

MTN

medium-term notes; bonds with a maturity of 2 to 10 years

Mutual Fund

a fund operated by an investment firm that raises capital from shareholders to invest in stocks, bonds, options, commodities or money market securities. These funds offer investors the advantages of diversification and professional management

Options

the right to buy or sell a commodity or security on a specific date for a predetermined price. The investor forfeits the investment money if the right is not exercised by the option expiration date

Portfolio Manager

a person responsible for the profitable direction of certain aggregated investments

Private Equity

investment capital provided by individuals or closely-held companies

Prospectus

the offer-document for a securities investment. The prospectus sets out details of the terms, fees and changes of what is to be offered, as well as that of all parties involved

Public Offerings

1. process and documents related to making securities available for sale to the public 2. volunteer services that Goldman Sachs employees provide to the communities in which they live

Qualitative Research

research into how an investment's results were achieved including the quality of the people, strategies, systems and infrastructure that achieved them

Quantitative Research

numbers-related research using statistical analysis of past performance of companies, products, segments, etc.

Red Herring

the popular name given to a preliminary prospectus because portions of the cover page are done in red ink

Repo

a repurchase agreement; an investment vehicle in which the seller agrees to buy back the securities for an agreed-upon price, usually at a stated time

Risk

what Goldman Sachs takes, strategically, in order to make money

Road Show

a marketing trip accompanying the client's senior management to investor presentations that explain the company's business objectives and strategy, and fielding questions from potential investors related to the offering

Syndicate

a group of investment bankers that agrees to purchase securities from an issuer for resale to the public

Tombstones

advertisements in the financial press placed to announce securities offerings

Traders

people who buy and sell securities for brokers, dealers, and for their own accounts

White Knight

a friendly acquirer sought by a company that is subject to an unfriendly takeover