This year, a record 360,000 students who applied for the Goldman Sachs internship were accepted.

In 2017, Allison Berger was excited to participate in Goldman Sachs’ 10-week summer internship program. Berger said that he “treated on a lot of important and complex issues” that summer. Almost ten years later, Burger is Goldman Vice President of Global Banking and Markets.

“There was an incredible opportunity here. Many of the mentors here are women. My male colleagues have always been incredibly supportive,” Berger said.

Burger’s experience is a common experience at Goldman, considered one of the world’s leading investment banks. Every summer Goldman hires approximately 2,500-3,000 summer interns assigned to various sectors such as investment banking, engineering and sales. Goldman internships are considered a feeder for getting permanent jobs at investment banks. Most summer interns are usually hired as full-time analysts.

However, candidates face a lot of competition for summer positions. In the 2025 internship class, the bank received over 360,000 applications, up 15% from the 2024 program and 300% since 2018 when David Solomon became CEO. In fact, it’s harder to get a Goldman summer internship than to join Harvard, one of the most selective universities. Harvard, Class of 2025 It was accepted 2.58% of applicants had a 0.7% chance of candidates being selected for Goldman’s Summer 2025 internship class.

“We consider the Campa Pipeline to be a key component of the company’s future leadership. The Goldman Sachs Internship offers students the opportunity to roll up their sleeves, contribute directly to client projects, work directly with global colleagues, and develop skills to build a successful career.

almost one third It started out as a summer intern in Goldman’s latest partner class. Includes current powerful Goldman executives who started as interns Mark Nafmanglobal head of assets and wealth management. Kim Shotglobal joint head of investment banks. Kunal Shahjoint head of Goldman Sachs International and bonds, currency and goods or FICC. and Carrie Hariomember of the Global Accounting and GS Management Committee.

You can also have Goldman on your resume lead For an influential career outside of banking in finance, private equity or almost every other field. Famous examples include Amanda Baldwin, CEO of hair care brand Olaplex (1999 Goldman intern class), and Damola Adamolekun (2009 and 2010), CEO of Red Lobster. Then there’s Jon Winkelried, CEO of a private equity company. TPGI also started as a summer intern at Goldman.

Goldman on university campus

Goldman takes campus recruitment seriously. Throughout the school year, Goldman’s board of trustees led by CEO David Solomon usually visits universities across the country to inform candidates of opportunities. Investment Bank I was hired From over 475 schools in the 2024 internship class, 500 Universities Previous year.

Goldman targets Ivy League schools, but many other universities as well. Earlier this year, Solomon visited several schools in Texas, including Southern Methodist University, Texas Christian University, University of Texas Dallas University, and Paul Quin College.

This year’s intern crop started working at Goldman earlier this month as part of the summer 2025 class. Investment banks are now Recruitment For the class of 2026. Candidates usually apply for an internship that takes place in the summer between third and fourth graders in the year of their sophomore year.

In particular, Goldman interns receive the same salary as junior analysts ($110,000 to $125,000 for investment research) Analyst (in New York City), that amount is proportional to summer and there are no bonuses.

The competition for Goldman internships is open to candidates around the world, and it may seem like those with majors in finance and economics may have an advantage, but that’s not necessarily the case, Arthur said. Goldman is looking for qualities like great communicators and students with diverse experiences, she said. Investment banks are “open to evolving and impacting” and are looking for interns who aren’t afraid to fail, she said. “They should be able to take risks,” she said.

Berger recommends that candidates take their time to learn and understand investment banking and Goldman, and that it “fits your personal career skills.”

Of course, there is no harm in the applicant’s sincere interest in being a part of Goldman, Arthur said. “I have a real passion,” she said.

This story was originally introduced Fortune.com