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JEFF VERSCHLEISER

Industry• Investment Banking

• Goldman Sacs

• Been working for 5 years

Work Place • 6am to 11pm

• Very intensive interviews through the day, 8 to 9 spread sheet a day

• Executive senior manager of private sector

QUESTIONS ASKED?

1. How does your boss measure you performance?

Compensation is determined by a number of factors, including the firm’s performance, divisional performance and individual performance.

We spend a great deal of time ensuring that people are compensated appropriately and we aim to provide highly competitive pay levels over the long term.

2. What changes or trends are happening to you industry?

Due to regulations by the government sector its more difficult to work on projects due to the restrictions.

3. Holiday and vacation policies

We offer a competitive vacation policy, based on level and years of service. This includes the nine widely recognized US public holidays and three floating holidays to be used for personal time, religious observance, or other special occasions. Most US employees will start with an additional three weeks vacation allowance.

MORE QUESTIONS

1. What do people leave this field?

• To put the problem in the simplest terms, the interests of the client continue to be sidelined in the way the firm operates and thinks about making money. Goldman Sachs is one of the world’s largest and most important investment banks and it is too integral to global finance to continue to act this way. The firm has veered so far from the place I joined right out of college that I can no longer in good conscience say that I identify with what it stands for.

2.What do you need to study to succeed in this field?

Education: pre-university.

Education: pre-university – grades.

Education: current university.

Education: previous university/other qualifications.

Leadership experience.

Language skills.

Computer skills.

3 TAKEAWAYS

• If you want to get a job at a investment bank you should be prepared to work hard for many hours.

• Always try to get the best grades you can because in the long run they do make a difference.

• Before choosing a field of interest you should deeply research it to see if that’s what you will be happy doing.

The End