The Goldman Sachs assessment is the bank's selection process for analyst, associate and experienced-hire roles: an online application, a HireVue video interview that is assessed rather than merely recorded, a coding test for technology roles, numerical reasoning in some divisions, and a final superday of five to eight back-to-back interviews across divisions. The HireVue stage is the distinctive one. At most employers the video interview is a screening formality; at Goldman it is a substantial, technically loaded stage covering motivation, a technical finance question and a markets question, and candidates routinely underestimate it.
Know your technical finance cold before the HireVue, not before the superday: DCF, LBO, M&A accretion and dilution, and comparable company analysis. Rehearse recorded answers out loud: speak to the lens, structure every response, and land the point in the first ten seconds. Read the financial press daily so the markets question is a conversation rather than an ambush. Then build the stamina for five to eight interviews in one day. Goldman does not publish cut scores, and they vary by division and intake.
What Is the Goldman Sachs Assessment?
Goldman Sachs is one of the world's most prestigious investment banks, and its recruitment process reflects a performance-driven culture: rigorous, technical, and compressed into a small number of high-stakes stages. Unlike the Big Four, Goldman does not lean on a long battery of psychometric tests. The weight sits on the HireVue interview and the superday, which means preparation is less about test technique and more about technical fluency, structured communication and endurance.
The one structural thing to internalise is that Goldman's process is front-loaded with technical content earlier than most banks. A finance question you would expect in a final-round interview elsewhere can appear in a recorded video interview here, answered against a timer with no interviewer to prompt you.
The Goldman Sachs Hiring Process, Stage by Stage
- 1Online application (30-45 minutes). CV, cover letter and an application form. Goldman places significant weight on academic performance and on what you did outside the classroom.
- 2HireVue video interview (30-45 minutes). Five to seven pre-recorded questions covering motivation, technical knowledge and behavioural competencies.
- 3HireVue coding test (technology roles, 60-90 minutes). For technology roles, a coding challenge is included within the HireVue assessment.
- 4Numerical reasoning (some divisions, 20-30 minutes). Not every division uses one, and the format varies by division and year.
- 5Superday (full day). Five to eight interviews, on site or virtual, across different divisions. A mix of technical, behavioural and fit interviews.
Goldman's process differs by division, region and year: some divisions add a numerical test, technology roles add a coding challenge, and the number of superday interviews moves. Do not assume a stage exists, or does not, from a forum thread about another division. Your invitation email names the platform and the stages you will actually face.
Which Tests and Publishers You Will Meet
| Publisher | Questions | Time | Difficulty | Notes |
|---|---|---|---|---|
| HireVue video interview | 5-7 questions | 30-45 minutes | Hard | AI-assessed. Motivation, a technical finance question, a markets question and behavioural competencies |
| HireVue coding test (technology) | Coding challenge | 60-90 minutes | Medium-Hard | Included inside the HireVue assessment for technology roles |
| Numerical reasoning (some divisions) | Data interpretation | 20-30 minutes | Medium-Hard | Format varies by division and year. Comparable to SHL-style items |
| Superday interviews | 5-8 interviews | Full day | Very Hard | Technical, behavioural and fit, across divisions and seniority levels |
- Publisher background: HireVue: how the platform structures a one-way interview and what it captures.
- If a numerical test appears in your division, practise the construct here: numerical reasoning.
- Division detail, roles and reported assessments sit on the Goldman Sachs company page.
Our video interview training covers setup, framing, pacing and how to structure an answer with no interviewer to read. It is the stage candidates underprepare most.
Practise video interviewsThe HireVue Video Interview in Detail
You get a question on screen, a short preparation window, and a recording timer. There is no interviewer, no follow-up, and no way to recover a weak opening. Goldman's HireVue is AI-assisted, which candidates find unnerving, but the practical implications are mundane and controllable: speak clearly, look at the camera lens rather than at your own image, and structure your answers so that the first sentence contains the point.
The question set is where Goldman differs from most banks. Expect roughly five to seven questions covering: why Goldman, why this division, a time you demonstrated leadership, a technical finance question, and a markets or current-events question. That means the technical preparation you might have scheduled for the week before the superday needs to be done before you press record.
- Structure every answer. Lead with the answer, then support it. A recorded answer that builds slowly to a point usually runs out of time before it gets there.
- Prepare the markets question deliberately. Read the financial press daily and hold one view you can defend, with a reason and a counter-argument.
- Do not read from notes. It is visible, and it removes the fluency the format is measuring.
- Control the setup. Quiet room, stable connection, camera at eye level, light in front of you rather than behind. Our video interview guide covers the technical setup in detail.
The Coding Test (Technology Roles)
Technology candidates sit a coding challenge inside the HireVue assessment, typically 60 to 90 minutes. The content is standard for a bank at this level: data structures and algorithms, with an emphasis on writing correct, readable code rather than exotic optimisations. Practise medium-difficulty problems until the common patterns (hash maps, two pointers, trees, sorting) are automatic, and get used to writing under a clock rather than in a comfortable editor with the internet open.
Numerical Reasoning
Some Goldman divisions use a numerical reasoning test and the format varies by division and year, so prepare the construct rather than a brand. Expect data interpretation: a table or chart, a question that requires locating the right figures and applying one or two operations, and options close enough together that an order-of-magnitude estimate will not settle it. Read the question before the data, check units and footnotes, use percentage multipliers, and cap each question at roughly 60 to 75 seconds.
Worked Example: Walk Me Through a DCF
A classic Goldman technical question. It can appear in a recorded HireVue answer with a two-minute timer, or in a superday interview with an interviewer waiting to interrupt you.
Give a complete, correctly ordered walkthrough in about ninety seconds, not a definition, and not a lecture.
Project unlevered free cash flow for five to ten years: EBIT x (1 - tax rate) + D&A - CapEx - change in working capital. Calculate a terminal value using either the Gordon growth method or an exit multiple. Discount both the projected cash flows and the terminal value at WACC. Sum them to get enterprise value. Subtract net debt to get equity value. Divide by shares outstanding for value per share. The wrong answers are diagnostic: valuing the company off a P/E ratio describes comparable company analysis, not a DCF; adding up assets and subtracting liabilities is a book-value calculation; applying a dividend discount model to every company misapplies a method built for stable dividend payers.
Project free cash flows, discount at WACC, add terminal value, subtract net debt. The point is not that a DCF is difficult. It is that the answer has a fixed order, and an interviewer can hear immediately whether you have run one or only read about one. The same is true of an LBO walkthrough, an accretion and dilution analysis, and comparable company analysis. Know all four in this level of detail before your HireVue, not before your superday.
The Superday
The superday is Goldman's final round: five to eight back-to-back interviews with analysts, associates, vice presidents and managing directors, testing technical knowledge, behavioural competencies and fit. It is intense by design, and the failure mode is rarely a single wrong answer. It is fading: giving a sharp answer in interview one and a tired, unstructured version of the same story in interview six.
- Rehearse for stamina, not just for content. Run four to six mock interviews back to back, without breaks, at least once.
- Stay consistent. Interviewers compare notes. The same story told two different ways reads as a story that was constructed rather than lived.
- Quantify everything. Goldman's culture is performance-driven, and quantified achievements travel better than adjectives.
- Bring commercial awareness. Read the WSJ, FT and Bloomberg daily in the run-up. Be able to discuss a recent deal or market move and why it matters.
- Prepare behavioural answers in STAR form. Our STAR method guide covers how to keep them tight enough to survive an interrupting interviewer.
How Goldman Sachs Scores You
There is no published pass mark at any Goldman stage, and there is no single global cut-off: the bar differs by division, region, role and intake, and each stage is read alongside the rest of your application rather than in isolation. Where a numerical test is used, results are reported as a percentile against a norm group of comparable applicants, which is why a raw percentage does not translate into a pass or a fail. Interviews are scored against competencies and technical accuracy, and the superday decision is made by a group of interviewers comparing evidence. Any specific threshold you find quoted online is a guess.
Your 3-Week Preparation Plan
- 1Days 1-3: Technical foundations. DCF, LBO, accretion and dilution, comparable company analysis. Write each walkthrough out, then say it out loud in under two minutes.
- 2Days 4-7: Markets habit. Read the financial press daily and keep a one-line note on each significant story. By the end of the week you have a set of views rather than a memory of headlines.
- 3Days 8-10: Behavioural stories. Eight to ten STAR stories, quantified. Map them to leadership, resilience, teamwork and commercial judgement.
- 4Days 11-13: HireVue rehearsal. Record answers to the five likely question types against a timer. Watch them back. Fix the openings first: the first ten seconds do most of the work.
- 5Days 14-16: Division-specific technicals. Go deeper on the division you applied to. Technology candidates: switch this block to timed coding problems.
- 6Days 17-19: Superday simulation. Five interviews back to back with a friend, no breaks. Notice where your energy and structure collapse, then fix that specifically.
- 7Days 20-21: Taper. Light review, no new material. Confirm your setup and sleep properly. Cramming the night before reliably lowers performance.
MakingMoves.ai covers 50+ test categories with 113,000+ practice questions, and the AI coach pressure-tests technical walkthroughs and STAR answers rather than just marking them right or wrong. The free preview gives you 4 questions per test and 5 AI coach messages. Paid plans are GROW at EUR 19,95 per week, PRO at EUR 49,95 per month, and MAX at EUR 79,95 per month.
Common Mistakes
- Saving the technicals for the superday. Goldman asks a technical finance question inside the recorded video interview. If you are not ready then, there is no superday.
- Reading from notes on camera. It is visible and it undermines exactly the fluency being assessed.
- Having no view on the markets. 'I read the FT' is not an answer. A defensible opinion with one counter-argument is.
- Fading during the superday. Six interviews is an endurance event and it needs to be rehearsed as one.
- Vague achievements. Goldman's culture is quantitative. 'Improved the process' loses to 'cut turnaround from nine days to four'.
- Chasing a rumoured cut-off. Goldman does not publish one, and it varies by division and intake.
Numerical, logical and situational judgement practice, free: 4 questions per test plus 5 AI coach messages, no payment details required.
Browse the free testsFrequently Asked Questions
The core assessed stage is a HireVue video interview of about 30-45 minutes, with five to seven questions covering motivation, a technical finance question, a markets question and behavioural competencies. Technology roles also sit a coding test of 60-90 minutes inside the HireVue assessment. Some divisions use a numerical reasoning test, and the format varies by division and year.
The superday is Goldman's final round: typically five to eight back-to-back interviews with analysts, associates, vice presidents and managing directors, across different divisions. It tests technical knowledge, behavioural competencies and cultural fit, and interviewers compare notes afterwards, so consistency across the day matters.
Prepare it as a real interview, not a form. Know your technical finance (DCF, LBO, accretion and dilution, comparable companies) because a technical question is part of the standard question set. Rehearse to camera against a timer, structure every answer so the first sentence carries the point, and hold a defensible view on a current market story.
Goldman does not publish a pass mark, and there is no single cut-off: the bar varies by division, region, role and intake, and each stage is read alongside the rest of your application. Where a numerical test is used, results are percentiles against a norm group rather than raw percentages. Any threshold you see quoted online is a guess.
No. Goldman hires from all degree disciplines. For investment banking and markets roles you do need to demonstrate strong quantitative skills and genuine financial knowledge regardless of what you studied, which is what the technical questions exist to test.
Goldman's HireVue interview is AI-assisted. In practice the controllable implications are ordinary: speak clearly, keep eye contact with the camera lens, structure your answers, and make sure your audio and lighting are clean. Nothing about the technology changes what a good answer is.
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Read the assessment tipsIngmar van Maurik is the founder of MakingMoves.ai and Assessment-Training.com. With 10+ years in psychometric assessment design, he has helped over 1 million professionals prepare for job assessments.