About the Program
We are pleased to offer the Teach For America-Goldman Sachs Summer Internship Program for a second year. With the program, Teach For America aims to attract talented individuals to teaching who are also interested in paths to leadership in the business community and who can ultimately become effective advocates for educational equity. Goldman Sachs recognizes the excellence of successful Teach For America applicants and values the experience and skills that are built through the corps experience.
Through this program, Goldman Sachs will offer up to twenty paid summer internships to eligible African Americans, Latinos, and Native Americans who have also been accepted to the incoming Teach For America corps. The internship with Goldman Sachs takes place between the first and second years of teaching and is 8-10 weeks in length.
Goldman Sachs hires interns for a variety of roles within various divisions, including:
- Global Compliance
- Global Investment Research
- Human Capital Management
- Investment Banking
- Investment Management
- Legal and Internal Audit
Internships are designed to give a sense of the day-to-day activities of full-time Goldman Sachs employees. Interns in the program will work with teams on actual projects.
Candidates who are selected and commit to the intern program will receive a $5,000 stipend to assist with transitional needs prior to starting as corps members. The $5,000 stipend does not impact any intern’s eligibility for Teach For America’s transitional loans and grants, and will be paid upon the intern’s completion of Goldman Sachs pre-employment screening.
Summer Internship Program
Interns will attend a one day orientation session and a one day skill-building session during their first year of teaching. Both sessions will be held at Goldman Sachs’ offices in New York (travel and accommodations provided).
During the first week of the summer internship, interns will take part in a firm-wide orientation where they are introduced to the work culture and receive an overview of both the benefits and responsibilities of being a member of Goldman Sachs. Each division provides its own training workshops. These workshops focus on divisional strategies, the core skills required to perform, and hands-on practical applications and exercises. Interns do much of the same work as entry-level employees.
Application and interview process
Eligible candidates can indicate their interest in learning more about the program as part of Teach For America’s online application. Goldman Sachs will review the applications of accepted corps members who indicate interest in the program and will invite selected candidates for phone and in-person interviews. These interviews seek to assess critical thinking and problem solving; commercial focus; interest in financial markets; achievement and team orientation; impact and influence; and leadership potential. Following the initial interview, either one or two additional interview rounds will be conducted.
|Candidates apply to the corps and indicate interest in the Teach For America-Goldman Sachs Internship program on their online applications.||August 2011- October 2011**
|Select accepted corps members are invited by Goldman Sachs to apply for summer internships.|| February 2012
|Goldman Sachs conducts phone interviews with selected candidates. Advancing candidates are prepared for participation in Goldman Sachs Interview Super Day in April.||March - April 2012
|Candidates are offered summer internships and awarded the $5,000 stipend upon completion of the Goldman Sachs pre-employment screening.||Summer 2012
|Interns participate in Teach For America’s five week summer training institute.||Summer 2012
|Interns participate in a one day orientation session at Goldman Sachs in New York.||Fall 2012
|Interns participate in a one day skill-building session at Goldman Sachs in New York.||Spring 2013
|Interns participate in Goldman Sachs summer internships.||June - August 2013
|Interns complete their second year of teaching in the corps.||Summer 2014
**Goldman Sachs’ application process will begin in February. Accordingly, to be eligible for the summer internship program, interested applicants must apply to Teach For America by the October 26, 2011 deadline in order to be notified of their acceptance into the corps by January 17, 2012 and to commit to the corps by January 30, 2012.
Do I need a certain skill set, degree, or background?
Like Teach For America, Goldman Sachs seeks candidates from a broad array of academic disciplines and concentrations, such as liberal arts, applied math, sciences, engineering, and others. Whatever your discipline or major, you are encouraged to apply, provided you meet the diversity criteria and have demonstrated strong academic performance and professional drive.
In which Goldman Sachs office will the summer internship take place?
Most positions will be located in the NY/NJ office, with a case-by-case assessment for placement in one of Goldman Sachs’ other Americas locations.
How will I be kept informed about my candidacy?
Goldman Sachs will be in touch with all candidates who indicate interest by e-mail and/or phone in the spring of 2012.
For more information on Goldman Sachs, visit Careers at Goldman Sachs.