By Andre Atallah, CEO of EP Advisory
Global Markets Summer Analyst · London · 2027 programme
London summer ad not listed, checked 15 October 2026Advertised window to 31 OctMissed it? Your options
Short answer: Goldman’s 2027 London Global Markets summer ad was live on 19 September 2026. It was not listed when we checked on 15 October 2026. Goldman has not said why.Check Goldman’s campus job list for it. The London sales and trading off-cycle internship was still listed when we checked on 15 October 2026.The London sales and trading off-cycle internship was no longer listed when we checked on 15 October 2026.Check the campus job list for the London sales and trading off-cycle internship. Both use Goldman’s student process: apply online, a HireVue video interview of about 30 minutes, then a Superday of two to five interviews.
Where are you now?
Independent guide. EP Advisory is not affiliated with Goldman Sachs.
Goldman calls its Markets area FICC and Equities (Sales and Trading). It “enables our clients to buy and sell financial products, raise funding and manage risk”. This page gives your routes today, then each stage of the process.
This playbook covers London, including for international students. For nearly 10 years, we’ve helped more than 5,000 professionals get hired. Want to know if your CV will pass screening in the UK? Check your CV for free: a score in 30 seconds, then a fix for each problem.
01/10
Your route to an offer
Pick your stage and tick each step when done. Facts are from Goldman’s own pages and ads. Prep times are our suggestions.
1. Apply: summer ad not listed1. Apply: check the job list
The summer ad is down, so plan your four Goldman choices.Check the job list, then plan your four Goldman choices. Prep 1 to 2 days.
2. HireVue: about 30 minutes
A video interview on HireVue, with no online test. Prep about 1 week.
3. Superday: two to five interviews
Interviews with people you could work with. Prep 2 to 3 weeks.
4. Decision: end of season
Goldman writes to you three times. The last message comes at the end of the season.
Your ticks save on this device.
02/10
The programme at a glance
One combined Markets ad, four applications a year, no online test. If Goldman has not published something, we say so.
Not listedCheck
London summer ad, checked 15 October 2026London summer ad, on the campus job list
31 Oct 2026
End of Goldman’s advertised window, no time
9 to 10 weeks
Length of the summer programme
4
Goldman applications a year, all divisions
None
Online test for sales and trading
Not published
Pay and number of places
Where these facts come from
- The ad. Goldman’s “FICC & Equities (Sales & Trading)” London summer ad was live on 19 September 2026, in a web archive copy. It was one ad for both FICC and Equities. It was not on Goldman’s campus job list when we checked on 15 October 2026.Check Goldman’s campus job list for it.
- Who can apply. Bachelors or Masters students “in their penultimate or final year of study” (Summer Analyst page). No grade bar or subject is published.
- Pay and places. The Times Top 100 entry says “£Competitive” and “No fixed quota”.
- Rank. “Goldman Sachs climbs to ninth place, its highest position for eighteen years” (The Times Top 100 Graduate Employers 2026-2027).
The desks, in Goldman’s words
Equities
Equities teams transact in “stocks and other equity-related products, including convertible securities, options and futures”.
Fixed Income, Currency and Commodities
FICC teams transact in “interest rate products”, “credit products, mortgages, currencies and commodities”.
Prime Services
Prime Services manages “the platform serving hedge fund clients within FICC and Equities”.
From Goldman’s FICC and Equities careers page.
03/10
What Goldman looks for in Markets
Goldman wants “dynamic, quick-thinking self-starters who have a real passion for the markets”. Show each trait with proof on your CV and in your answers.
A real passion for markets
Show it by: a view you formed, tracked and changed when the facts changed.
Quick thinking
Show it by: a fast decision you got right, and how you checked it.
Self-starter
Show it by: something you began without being asked.
Strong relationships
Show it by: trust you built over weeks, not one meeting.
Clear communication
Show it by: a hard idea you explained in plain words.
Sound risk judgement
Show it by: a risk you spotted early and raised.
What Goldman says, in its own words
- Markets. “The ability to communicate effectively and build strong relationships with clients and colleagues from a diversity of backgrounds and experiences is crucial.”
- Firm-wide. The CEO’s note to 2026 interns: “Raise the bar. Pair high standards with prudent risk management. Be thoughtful, escalate early, and take accuracy seriously.”
04/10Stage 1 · Apply
How to apply
Today
Not listed when we checked on 15 October 2026. The ad was live on 19 September. Goldman has not said why it came down.Check Goldman’s campus job list for the London summer ad. It was live on 19 September.
Goldman’s advert gave 15 August to 31 October 2026 as its window, with no closing time. Ads can come down before the window ends, as this one did.
The London off-cycle internship was still listed when we checked on 15 October 2026.The London off-cycle internship was no longer listed when we checked on 15 October 2026.Check the campus job list for the London off-cycle internship. See your options below.
Goldman reviews applications as they arrive. When an ad is open, apply as soon as you are ready.
1
Apply online
On higher.gs.com
2
Review
As applications arrive
3
HireVue
About 30 minutes
4
Superday
Two to five interviews
More on the four-application cap and the form
- Four a year. You get four applications a year across all of Goldman. Each business and city counts as one. A fifth is withdrawn automatically.
- One Markets ad. The 2027 London ad covered FICC and Equities together, so it used one slot, not two.
- The form. It sits behind a login on Goldman’s portal, so we have not seen its questions.
Your CV: do and don’t
Do
“Wrote a weekly markets note for 60 society members for 10 weeks, naming the main risk to each view”
A result with numbers and a risk. Our own example.
Don’t
“Passionate about trading”
A claim with no proof.
Our CV achievement examples show how to write those lines. Getting ready to apply for jobs in the UK? Check your CV for free: see it the way a recruiter does, then fix each problem.
Save Goldman Sachs and over 2,000 other UK schemes to one free calendar. See what closes next and what you have applied to.
Track my schemes freeFree account, no card.
Missed the summer ad? Your options
All of these were on Goldman’s campus job list when we checked on 15 October 2026.These ads were no longer on Goldman’s campus job list when we checked on 15 October 2026. Look there for new ones.Check Goldman’s campus job list for each of these. Each uses one of your four applications.
- London sales and trading off-cycle. The London FICC and Equities off-cycle internship was first listed on 19 September 2026. The ad says the programme “varies in length based on program/university for undergraduate students”. Goldman’s off-cycle page lists 3, 6 or 12 months, also for recent graduates.
- Other cities. A Paris sales and trading off-cycle was listed too. Older off-cycle ads were also listed in several cities, so check each start date.
- Quant Strats. A London FICC and Equities Quantitative Strats internship was first listed on 7 October 2026. It sits in Engineering, so it adds a HackerRank test.
- Next cycle. Goldman had not announced the next window when we checked on 15 October 2026.The next cycle’s ads were listed when we checked on 15 October 2026.Check the campus job list for the next window’s dates.Check the campus job list for the next window. In 2026 the window opened on 15 August, and this ad was live by 19 September. That is Goldman’s 2026 pattern, not a promise.
05/10Stage 2 · HireVue
The Goldman Sachs HireVue video interview
Sales and trading has no online test. If your application is selected, the next step is a HireVue video interview.
None
Online test for sales and trading
~30 min
The HireVue video interview
Not published
Prep time, answer time and retakes
Goldman: “you will be asked to participate in a video interview, which will take approximately 30 minutes to complete” (Prepare page). Only Engineering roles, including Quant Strats, add a HackerRank test.
Step through the HireVue
Welcome and device check
Read how many questions there are, how long it takes and the due date, then let the page check your camera and microphone. Employers set their own version, so yours may differ.
Practise first
Answer a practice question in Practice Mode, then watch it back to check you can be seen and heard before you start the real interview.
Read the question while prep time runs
Read the question while the prep timer runs down, and click Start Recording when you are ready or wait for the timer to end.
Record your answer
After a 3-second countdown your answer records while the response timer runs, and you click Done Answering to finish early.
The end
When you finish you see Interview Received, and if you were cut off you can resume from your last unanswered question.
Your moves
- Use the practice questions to check light, sound and framing.
- Use prep time to pick one story or one market move, not to write a script.
- Press Done Answering once your point is made.
Our own simplified drawings of HireVue’s screens, not screenshots. Timers and counts are examples, not Goldman’s settings.
The rules: allowed and not stated
Allowed
- Practice questions, as often as you like
- A camera and microphone check first
- Adjustments, if you ask Goldman
Not stated by Goldman
- Whether notes are allowed
- Prep time, answer time and attempts
- Any rule on AI tools
Goldman publishes no rule on AI tools for applicants. Write and speak in your own words. The allowed list is from HireVue’s FAQ and Goldman’s disability statement.
On the day: settings, device and scoring
- Settings. HireVue lets each employer choose: 0 to 5 minutes of prep, 30 seconds to 15 minutes per answer, and 1 to 5 attempts or unlimited.
- Reported. eFinancialCareers reports “30 seconds of prep and 90 seconds to answer (for Goldman Sachs and Morgan Stanley)”. It names no city or division. Goldman has not confirmed it.
- Device. A camera, a microphone and a quiet space. Use Chrome. Chromebooks are not supported.
- No going back. Once you submit an answer, you cannot return to it. Only the employer can approve a retake.
- AI scoring. Goldman does not say whether it uses it. Where used, it scores only your words, and you can opt out.
Practise the reported questions
eFinancialCareers reports these Goldman HireVue questions, from candidates’ posts online. It does not say which division. Goldman has not confirmed them. The notes and answers are ours.
Markets
“Talk about a recent event that impacted financial markets.”
What they’re testing: whether you follow markets.
Show a strong answer
- One event from the past fortnight: what moved, by how much, why, and which desk would care.
Risk
“How do you identify and assess the key risks in a new project or investment?”
What they’re testing: risk judgement.
Show a strong answer
- List the risks. Rank them by how likely and how costly. Say what you would watch, and when you would raise it.
Integrity
“If you accidentally sent an email containing confidential information to a client, how would you first respond?”
What they’re testing: honesty and speed.
Show a strong answer
- Tell your manager straight away, follow the firm’s process, and do not try to hide it. Then say how you would stop it happening again.
Motivation
“Why [this department], specifically, for the long term?”
What they’re testing: real reasons.
Show a strong answer
- Name the work Goldman describes: making markets and serving clients. Link it to something you have done.
City
“Why [this city]?”
What they’re testing: commitment to London.
Show a strong answer
- One reason about the work in London and one about you. Keep both true.
Teamwork
“Describe a time you had to work with a difficult team member.”
What they’re testing: partnership.
Show a strong answer
- What made it hard, what you did, the result and what you learned. Stay fair to the other person.
Go further: the best outside help
Our own picks, checked on 15 October 2026. We are not linked to any of these sites and earn nothing from them.
From Goldman and HireVue
- Prepare: how Goldman hires studentsGoldman Sachs careers · no account neededGoldman’s own steps: apply, a 30-minute video interview, then two to five final interviews.Free
- HireVue candidate FAQHireVue · updated 23 Jul 2025 · no account neededThree practice questions you can redo as often as you like before the real one.Free
- Recruiting scamsGoldman Sachs careers · no account neededGoldman interviews only on HireVue or a Goldman Zoom account. It never asks you for money.Free
Read
- Banking HireVue interviews: what they’ll ask youeFinancialCareers · 9 Sep 2026Questions Goldman applicants report, from markets to client confidentiality. Practise the type, not a script.Free
Skip “real Goldman question” packs and live AI answer tools. Goldman does not publish its questions. Answers read from a script sound scripted.
Next: build quick, accurate number skills for a trading interview with our guide to psychometric and logic tests.
06/10Stage 3 · Superday
The Goldman Sachs Superday
The final round is a Superday of two to five interviews. You meet “a cross-section of people whom you could possibly work with”.
FitYour stories and motivation
Why Markets · Why Goldman · Clients
MarketsPrep guides cover
Market view · Trade idea · Products
Prep guides cover market, product and fit questions for sales and trading (Mergers & Inquisitions). Not Goldman’s list.
Goldman: “Typically, we conduct between two and five interviews for campus hires, depending on the division” (Prepare page). It does not publish the London format: virtual or in person, or the question types.
What Goldman does and does not say
- Desks. Goldman does not say how summer analysts are matched to desks, or whether they rotate.
- Maths. Goldman says nothing about mental maths. Mergers & Inquisitions says sales candidates are “extremely unlikely to receive brainteaser or mental math questions”. It says to worry about them “only if you’re interviewing for trading roles”.
How to answer: our two frames
Goldman publishes no answer frame, so these are ours. Both reflect its value: “Pair high standards with prudent risk management.”
Market questions
The move
What moved, with one number.
The cause
Why it moved.
What next
What you would watch now.
The risk
What would prove you wrong.
Story questions
Situation
The setting, in one line.
Stake
What was at risk, and for whom.
Action
Two things you did.
Result
A number, and what you learned.
Follow-ups to rehearse
What would change your view?What exactly did you do?Why Goldman, not another bank?
See our guides on how to pass a job interview and the toughest interview questions.
Practise: one question at a time
Quoted questions come from eFinancialCareers’ reported Goldman list or a prep guide (Mergers & Inquisitions). Goldman has not confirmed them. Unquoted questions and all answers are ours.
Markets now
Trade idea
“Pitch me a stock (or FX, option, bond, or other trade ideas).”
What they’re testing: a view with a reason and a risk.
Show a strong answer
- The idea in one line. Two reasons, one coming event that could move it, the main risk, and where you would get out.
Market view
“Tell me about current events and how they tie into potential risk factors.”
What they’re testing: a daily habit.
Show a strong answer
- One event, the market it moved, and the risk it raises for a client. Practise on a recent episode of The Markets.
Rates
What happens to bond prices when interest rates rise?
What they’re testing: basic product sense.
Show a strong answer
- Existing bond prices fall, because their fixed coupons now pay less than new bonds. Longer bonds fall more.
Options
“Explain the Greeks and how they impact option prices.”
What they’re testing: product knowledge.
Show a strong answer
- Delta: how the option price moves with the underlying. Gamma: how delta changes. Vega: sensitivity to volatility. Theta: value lost as time passes.
Why Markets
Motivation
“Why do you want to work in banking/sales/trading/etc.?”
What they’re testing: that you know the work.
Show a strong answer
- Pick sales or trading. Name the work Goldman describes, such as sharing “trading ideas” with clients. Link it to something you did.
The firm
“How does Goldman Sachs make money?”
What they’re testing: business sense.
Show a strong answer
- Start with your division: Markets earns by making markets and serving client trades. Then name the firm’s other main businesses from its latest results.
Market interest
“What interests you about world markets?”
What they’re testing: “a real passion for the markets”.
Show a strong answer
- One market you follow, a view you formed, and how it changed when the facts changed.
Why Goldman
“Why Goldman Sachs?”
What they’re testing: a reason only Goldman fits.
Show a strong answer
- Name a desk you want from Goldman’s own Markets pages. Link it to something you did, then say why not another bank.
Clients and judgement
Clients
“If you had a disagreement with a client, how would you resolve it?”
What they’re testing: relationships under strain.
Show a strong answer
- Listen first and check the facts. Explain your view plainly. Escalate early if it touches risk or the rules.
Confidentiality
“How would you maintain client confidentiality between a manager and a client?”
What they’re testing: judgement and trust.
Show a strong answer
- Share only what each person needs, follow the firm’s rules, and ask for guidance when unsure.
Ethics
“If you were aware that one of your co-workers was doing something unethical, what would you do?”
What they’re testing: Goldman’s “Be thoughtful, escalate early”.
Show a strong answer
- Check what you saw, then raise it early with your manager. Do not ignore it or try to fix it alone.
Communication
“How do you manage a difficult conversation?”
What they’re testing: the ability to “communicate effectively and build strong relationships”.
Show a strong answer
- A real example: why it was hard, how you prepared, what you said plainly and how the relationship held up.
Numbers under pressure
Time value
“Would you rather take 100$ now, or 10$ each week for 10 weeks?”
What they’re testing: reasoning about time and risk.
Show a strong answer
- $100 now. The total is the same, but money now can earn a return and carries no risk of late payment.
Portfolio
“How would you invest a portfolio of $100m?”
What they’re testing: questions before answers.
Show a strong answer
- Ask first: the goal, the time frame and the loss the client can bear. Then a simple split, and how you would manage the risk.
Bond maths
“Do you know what metrics like duration and convexity mean?”
What they’re testing: product knowledge.
Show a strong answer
- Duration: how much a bond’s price moves when rates change. Convexity: how that sensitivity itself changes as rates move.
Estimate
“How many tennis balls can fit in a [Boeing] 747?”
What they’re testing: a method, not the number. M&I links these to trading roles.
Show a strong answer
- Say each step aloud: the cabin’s rough size, one ball’s size, then space lost to seats and gaps. Round as you go.
Your story bank: a worksheet to print or copy
Two stories for each trait Goldman names.
| Trait | Story 1 | Story 2 |
|---|---|---|
| Passion for markets | ||
| Quick thinking | ||
| Self-starter | ||
| Client relationships | ||
| Clear communication | ||
| Risk judgement |
Go further: the best outside help
Our own picks, checked on 15 October 2026. We are not linked to any of these sites and earn nothing from them.
From Goldman
- The Markets podcastGoldman Sachs · weekly · ten minutes or lessGoldman’s own weekly markets briefing. Build one market view you can defend.Free
- Careers in FICC and EquitiesGoldman Sachs careers · no account neededThe desks, and the traits Goldman looks for in Markets, in its own words.Free
Read
- Sales and Trading Interview Questions and AnswersMergers & Inquisitions · updated 2 Sep 2026 · no account neededA free guide to sales and trading questions: markets, products like the Greeks, and fit.Free
- Goldman Sachs interview questionseFinancialCareers · 2 Sep 2025Questions Goldman applicants report, from the Greeks to a $100m portfolio. Practise the type, not a script.Free
07/10Stage 4 · Decision
Decision and offers
The Superday is the final round. Goldman then writes to you, whatever the result.
Three messages
On receipt, with a status update later, and at the end of the season.
Rolling review
You “may hear back regarding different roles at different times”.
Safe contact
Goldman never offers a job without an interview, and never asks for money.
What Goldman does not publish
- Return offers. How many summer analysts get a full-time offer.
- Scale. Goldman says its 2026 internship programme had “2.5K+” interns worldwide.
Key dates: London, 2027 programme
15 Aug to 31 Oct 2026
Goldman’s advertised summer window, no closing time
19 Sep 2026
London Markets summer ad live
15 October 2026
Ad not listed when we checked
Now
Check the campus job list for the ad
Summer 2027
The nine to ten week programme
08/10
Visa sponsorship
Our reading: Goldman’s ads do not mention visa sponsorship. Do not assume this role is sponsored.
Goldman’s student pages say nothing either. If you need a visa, ask Goldman’s recruiters before you apply.
Need sponsorship? See our guides to UK companies that sponsor visas and staying in the UK after studying. This is general information, so check GOV.UK.
09/10
Key takeaways
Before you apply
- Goldman’s London Markets summer ad was live on 19 September 2026. It was not listed when we checked on 15 October 2026. Check the campus job list for it.
- The London sales and trading off-cycle internship was still listed when we checked on 15 October 2026.The London sales and trading off-cycle internship was no longer listed when we checked on 15 October 2026.Check the campus job list for the London sales and trading off-cycle internship.
- You get four Goldman applications a year, and each business and city counts as one.
- Sales and trading has no online test, only a HireVue video interview of about 30 minutes.
- The Superday is two to five interviews, and Goldman does not publish the London format.
- Prepare one market view you can defend, with its main risk.
- Goldman does not say whether it sponsors visas, so ask early.
When a scheme gives a close date, we email you a few days before it closes. Save Goldman Sachs once and the reminder is set.
Set my reminders freeFree account, no card.
10/10
Frequently asked questions
Is the Goldman Sachs Global Markets summer analyst application open?
Not in London. The ad was live on 19 September 2026. It was not listed when we checked on 15 October 2026. Goldman has not said why.Check Goldman’s campus job list. The London ad was live on 19 September 2026. The London sales and trading off-cycle internship was still listed when we checked on 15 October 2026.The London sales and trading off-cycle internship was no longer listed when we checked on 15 October 2026.Check the campus job list for the London sales and trading off-cycle internship.
When is the Goldman Sachs summer analyst deadline for 2027?
Goldman’s advert gave 15 August to 31 October 2026 as its window, with no closing time. Review is rolling, and ads can come down before the window ends, as the London ad did.
Are FICC and Equities separate applications at Goldman Sachs?
No. The 2027 London ad covered FICC and Equities (Sales and Trading) together, so it used one of your four applications.
Is there an online test for Goldman Sachs sales and trading?
No. The first step after you apply is a HireVue video interview of about 30 minutes. Only Engineering roles, including Quant Strats, add a HackerRank test.
How many Goldman Sachs applications can I make?
Four a year across all of Goldman. Each business and city counts as one. A fifth is withdrawn automatically.
What does Goldman Sachs look for in sales and trading?
Quick-thinking self-starters with a real passion for markets. Goldman also wants people who communicate well and build strong relationships with clients and colleagues.
Does Goldman Sachs sponsor visas for summer analysts?
Our reading: Goldman’s ads do not mention visa sponsorship. Do not assume this role is sponsored, so ask Goldman before you apply.
