At Goldman, Out of 17,000 applicants just 350 made the cut

From WSJ: Out of 17,000 applicants, just 350 college students made the cut and will begin their investment banking summer internships next week at Goldman Sachs offices around the world.

That is roughly the same yield as prior years, a 2% acceptance rate. It’s easier to get into Harvard or Stanford.

The 10-week program, which kicked off with an orientation on Thursday in the bank’s Jersey City offices, is supposed to immerse the summer analysts in the Goldman culture….

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