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Goldman Sachs Summer Employee Interview Questions, Process, and Tips

Updated 20 May 2017

Goldman Sachs Summer Employee Interview Experiences

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Summer Employee Interview Questions & Answers

user image Abhijeet Krishnan

posted on 20 May 2017

Interview Questionnaire 

8 Questions

  • Q1. How would you code a linked list? Show the code
  • Ans. 

    A linked list is a data structure where each element contains a reference to the next element.

    • Create a Node class with data and next pointer

    • Create a LinkedList class with head pointer

    • Implement methods like insert, delete, search, etc.

  • Answered by AI
  • Q2. How would you design an elevator system for a building?
  • Ans. 

    Designing an elevator system for a building involves considering factors like capacity, speed, safety, and efficiency.

    • Determine the number of floors and the expected traffic flow in the building

    • Calculate the required capacity and speed of the elevators

    • Consider safety features such as emergency stop buttons, fire-resistant materials, and backup power supply

    • Implement efficient algorithms for elevator scheduling to minimi...

  • Answered by AI
  • Q3. What is the difference between OOP and procedural programming?
  • Ans. 

    OOP focuses on objects and their interactions, while procedural programming focuses on procedures and functions.

    • OOP organizes code into objects that encapsulate data and behavior.

    • Procedural programming uses functions to manipulate data.

    • OOP supports concepts like inheritance, polymorphism, and encapsulation.

    • Procedural programming is more straightforward and linear in nature.

    • OOP promotes code reusability and modularity.

    • P...

  • Answered by AI
  • Q4. When would Java be used over C/C++?
  • Ans. 

    Java is used over C/C++ when platform independence, ease of use, and security are important.

    • Java is platform independent, meaning it can run on any operating system or hardware that has a Java Virtual Machine (JVM). C/C++ code needs to be compiled separately for each platform.

    • Java has automatic memory management, reducing the risk of memory leaks and making it easier to write and maintain code. C/C++ requires manual me...

  • Answered by AI
  • Q5. Given 10 balls which weigh the same, except for one, and a beam balance, what is the minimum number of weighs to find the odd ball?
  • Ans. 

    The minimum number of weighs to find the odd ball is 4.

    • Divide the 10 balls into 3 groups of 3, 3, and 4.

    • Compare the weights of the two groups of 3 balls.

    • If the weights are equal, the odd ball is in the group of 4.

    • If the weights are unequal, the odd ball is in the lighter group of 3.

    • Divide the lighter group of 3 balls into individual balls and compare their weights.

    • The odd ball will be identified in the 4th weigh.

  • Answered by AI
  • Q6. Given an island in the center of a lake, and you are standing outside the lake, how would you reach the center?
  • Ans. 

    To reach the center of the island, one can use a boat or any other means to cross the lake.

    • Use a boat to reach the island

    • Swim across the lake if it's not too far

    • If the lake is frozen, walk or skate across the ice

    • If there is a bridge or causeway connecting the island, use it to reach the center

  • Answered by AI
  • Q7. Describe a time when you made a suggestion in a group and had it implemented
  • Ans. 

    I suggested a new marketing strategy in a team meeting and it was successfully implemented.

    • Suggested a new marketing strategy during a team meeting

    • Explained the benefits and potential outcomes of the strategy

    • Received positive feedback and support from team members

    • Collaborated with the team to refine and finalize the strategy

    • Implemented the strategy and achieved successful results

  • Answered by AI
  • Q8. Describe a time when you had to motivate people to work on something
  • Ans. 

    Motivated team members by setting clear goals, providing support, and recognizing their efforts

    • Clearly communicated the importance of the project and how each team member's contribution was vital

    • Provided necessary resources and support to help team members succeed

    • Recognized and praised team members for their hard work and achievements

    • Encouraged collaboration and teamwork to boost morale and productivity

  • Answered by AI

Interview Preparation Tips

Round: Test
Experience: There was a single coding question presented on the HackerRank platform. It was an algorithmic puzzle, where we had to code up a solution which passed the given test cases. Credit was given to solutions which passed the maximum test cases, but also which were readable and modularized.
Tips: Solve questions on online judge platforms like Codechef or HackerRank.
Duration: 1 hour
Total Questions: 1

Round: Technical Interview
Experience: The above questions were asked. I answered. The interviewer was helpful, and was discussing with me as well.

Round: Technical Interview
Experience: Questions were asked, I answered. The interviewer was a bit more strict here, and caught minor errors in terminology, but it was comfortable overall.

Round: Technical Interview
Experience: The interviewer asked a series of logic puzzles. Some were open ended, and prompted a lot of discussion with the interviewer.

Round: HR Interview
Experience: Very standard HR questions were asked

Skills: Coding Skills And Knowledge On Data Structures, Solving Logic Puzzles
College Name: Visvesvaraya National Institute Of Technology

Skills evaluated in this interview

Interview questions from similar companies

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Easy test not to hard.

Round 2 - Coding Test 

Moderate level of test , it is online.

Round 3 - HR 

(2 Questions)

  • Q1. Talk about yourself.
  • Q2. Why we should hire you?

Interview Preparation Tips

Interview preparation tips for other job seekers - Learn all subjects read fundamental subject as well.
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Hirevue on beha questions

Round 2 - HR 

(2 Questions)

  • Q1. Why bofa and why ibd
  • Q2. Previous intern experiences feedback
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Company Website and was interviewed in Sep 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Case Study 

One is about the profit improvement and the other one is about market entry

Round 3 - Behavioral interview 

(2 Questions)

  • Q1. Behavior and case
  • Q2. Working experience
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed in Nov 2022. There were 4 interview rounds.

Round 1 - Aptitude Test 

It was a Pymetrics test followed by MCQ situation based questions

Round 2 - Coding Test 

It was Coding round of 2 Questions on Hackerrank

Round 3 - Technical 

(1 Question)

  • Q1. Questions on Binary trees ,2-D DP and Linked List
Round 4 - HR 

(1 Question)

  • Q1. Why standard chartered

Interview Preparation Tips

Topics to prepare for Standard Chartered Summer Intern interview:
  • Data Structures
  • Algorithms
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via campus placement at Delhi College of Engineering (DCE), Delhi and was interviewed before Oct 2022. There were 5 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Aptitude Test 

Basic aptitude cat questions

Round 3 - Group Discussion 

Impact of covid on education

Round 4 - Case Study 

No. of red colour maruti cars in delhi

Round 5 - Case Study 

No. of coffee cups sold in dlhi

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and honest in your interview

I applied via campus placement at Indian Institute of Management (IIM), Lucknow

Interview Preparation Tips

Round: Case Study Interview
Experience: Estimate the sales of old television sets after 5 years. Nothing else was given. However relevant data was being provided when I asked for it.

A company wants to enter into the business of buying and selling old cars. Estimate the market potential in terms of the total sales of old cars in India.

A company produces 3 products. The cost and the profits per unit were given for individual products. The accountant offers a proposal to produce only the product that gives the highest profile per unit. Evaluate the proposal.

Skills:
Duration: 3
College Name: IIM Lucknow
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-

I was interviewed in Dec 2023.

Round 1 - Technical 

(1 Question)

  • Q1. Tell me about a time you approached confidentiality
Round 1 - Case Study 

Be thorough

Round 2 - One-on-one 

(2 Questions)

  • Q1. Why bain and not any other consulting?
  • Q2. Why consulting career?

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare case well and about yourself. Be confident and clear about what you say.

I applied via campus placement at Indian Institute of Management (IIM), Lucknow

Interview Questionnaire 

2 Questions

  • Q1. Tell me something about yourself
  • Ans. 

    I am a highly motivated and enthusiastic individual with a passion for learning and personal growth.

    • I am a quick learner and enjoy taking on new challenges

    • I have strong communication and interpersonal skills

    • I am a team player and enjoy collaborating with others to achieve common goals

    • I am organized and detail-oriented, ensuring that tasks are completed efficiently and effectively

  • Answered by AI
  • Q2. Tell me about some problems you faced working in a team in your previous company
  • Ans. 

    I faced communication issues and conflicting opinions while working in a team in my previous company.

    • Misunderstandings due to lack of communication

    • Difficulty in reaching a consensus due to conflicting opinions

    • Lack of clarity in roles and responsibilities

    • Difficulty in coordinating schedules and deadlines

    • Lack of accountability and follow-through

  • Answered by AI

Interview Preparation Tips

Round: Case Study Interview
Experience: There is a finance department with a car dealer. The other executives in the office question the use of finance department. Discuss.
Me: What are the current functions of finance department?
Interviewer: Normal operations of finance desks at a care dealer.
Me: So, they provide loan to customers
Interviewer: yes.
Me:Does other banks also have desks at the car dealer's showroom.
Interviewer: Yes, 5-6 other banks also sit there.
Interviewer: Around 10% or less than that.
Me: What are our loan rates like?
Interviewer: They are a little higher than other banks.
ME: Summarized the findings till now and stated the question that we need to explore.

Me: I would like to explore the fact that why would even 10% of people get their loans from the fin.Dept.
Interviewer: Ya, what can be the possible reasons?
Me: Maybe, they are not getting loans from other banks i.e. they are not that creditworthy.
Interviewer: yes, but why in that case a finance dept. bear the risk that a bank doesn't want to.
Me: Because, the finance dept. is internal to the car dealer, so they can charge higher rates and higher down payments. this can help finance dept. in reducing the risk of non-payment.
Interviewer: Ok, and what can be the other way in which an internal finance dept help the car dealer.
Me: The finance dept. can offer the customers to sell back their old car and buy new car again after 2-3 years and the finance dept will renew the loan.
Interviewer:Ok, why wouldn't a bank do that?
Me:Because banks lose their interest on the remaining loan. But an internal finance dept. can afford to lose some interest on the context of selling a new car and making profit on it.
interviewer: Fine.
Me: I would like to summarize the case once.


Tips: 1. Listening is very important component of the case interview. Listen to clues well.
2. Summarizing the case, and data once or twice in between the case at times help, when you have lots of data and you feel that you may have lost your focus.
3. Summarizing at the end of case interview in very important.

Round: Case Study Interview
Experience: A car service company is planning to open a huge service station which will service cars from all/major car companies.
Discuss the aspects that he should consider before opening such a station.
I started with one or two enquiries about the service station to gauge the scope of the case.
I came to know that we need to find out what cars will the station service, what are the services that we will offer etc.
I suggested that i will focus on one particular city and then start with the discussion. Interviewer was fine with it.
Key aspects that came out of the case:
1. Station should focus on few brands only which could help the station capture a hogh percentage of market
2.Station can offer three kind of services:
- Regular repair services: High volume, low profit
-Periodic car service : Mid volume, mid profit, regular customers
-Accidental services: low volume, high profit
I offered to provide last two services and forgo the first service.
Few more points were discussed related to a station in Delhi, where I talked about purchasing and driving patterns particular to Delhi and how few specialized services can help in generating more profit there.

Tips: Take some time and explore all possible options. A free and open mind is very important in a case interview.

Round: Case Study Interview
Experience: A manufacturer produces 3 products A,B and C. He currently concentrates more on A. But, his financial manager says that he should concentrate on C. The revenue, profit, units sold, time taken to produce a unit A, B and C
Tips: Do not get bogged down by too much data. See what is important for you.

Round: Case Study Interview
Experience: A telecom service operator incurs huge cost in communicating one-2-one with its customers. Help the firm in reducing its cost.
The firm may be communicating with its customers using three possible mediums:
-postal
-SMS
-Service calls


Focusing on Postal:
Postal billing is affected by few factors, such as:
-Distance of communication
-Frequency of communication
-Number of customers to communicate with
Distance of communication
After few questions, we came to know that the company sends all letters from a central hub. So distance can be reduced by sending the bills from each city office. A printing setup can be established in each city office and bills can be dispatched locally.
Frequency of communication
We can explore the option of not sending the bills each month. But, in that case customers won't be paying their bills also each month.
Suppose cost of a post in Rs 10.
@12% annual interest rate, for a bill of amount less than 500 Rs, interest lost for two months will be less than rs 10.
Therefore, for bills less than 500 amount, bills can be sent once in two months.
Number of customers
Customers can be asked for an option if they actually want paper bill or not.
But this option was rejected by interviewer on account that ideally all customers will want a paper bill.
The interviewer also agreed about the assumption that cost of sms or calls won't be that significant.

Tips: I didn't come up with interest rate and loss of interest rate and loss of interest concept on my own.
I thought about it but rejected it thinking that it may be out of scope of the case. But then the interviewer had to give me direct hints about this. Do not reject any idea on your own. Discuss it with interviewer and give him the option of rejecting or exploring it further. They would like to see the breadth of your thinking. So, any 'out of the box' idea can actually help during the interview.

Skills:
Duration: 3
College Name: IIM Lucknow

Goldman Sachs Interview FAQs

What are the top questions asked in Goldman Sachs Summer Employee interview?

Some of the top questions asked at the Goldman Sachs Summer Employee interview -

  1. Given 10 balls which weigh the same, except for one, and a beam balance, what i...read more
  2. Given an island in the center of a lake, and you are standing outside the lake,...read more
  3. How would you code a linked list? Show the c...read more

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