Goldman Sachs Graduate Scheme 2026: The Ultimate Salary & Application Guide

Goldman Sachs Graduate Scheme — known internally as the New Analyst Programme — is one of the most competitive entry points into investment banking, markets and engineering in the UK. Unlike the Big Four, Goldman Sachs runs a genuinely rolling process with no single fixed deadline, and the most competitive roles can fill within 4-6 weeks of posting. If you’re comparing banking employers, see how it stacks up against Barclays or J.P. Morgan, or browse all open graduate roles on our jobs board.

How to Apply

Goldman Sachs’ selection process runs through three stages:

1. Online application — choose the division that matches your skills and interests; Goldman Sachs recruits from a wide variety of degree backgrounds, not just finance or economics.
2. HireVue video interview — a roughly 30-minute recorded video interview.
3. Superday — a day of back-to-back interviews with the team you’d be joining.

Because timelines vary significantly by division and many fill on a rolling basis, applying as early as possible in the window matters more than the official cycle dates. (Source: Goldman Sachs, New Analyst Programme)

Salary and eligibility

Goldman Sachs doesn’t publish one fixed graduate salary — pay varies significantly by division. Reported figures put the average Graduate Analyst base salary at around £72,000, with total compensation (including bonus) ranging from roughly £54,000 up to £130,000+ depending on division and performance; Investment Banking entry-level analysts report total compensation around £92,000. (Source: Glassdoor, Goldman Sachs Graduate Analyst salaries)

You don’t need a finance or economics degree to apply — Goldman Sachs accepts students from any academic background who are graduating with an undergraduate or graduate-level degree, and little to no prior work experience is expected.

Curious what that looks like after tax? Run it through Debut’s Paycheck Calculator.

Goldman Sachs graduate programme structure

The New Analyst Programme recruits into several core divisions:

• Investment Banking — M&A, capital markets and advisory work
• Markets — trading, sales and structuring
• Engineering — software engineering, infrastructure and data roles
• Global Compliance — regulatory and risk-focused work
• Legal — in-house legal support across the firm

Locations

The Goldman Sachs Graduate Scheme is headquartered at the firm’s London office — its largest in Europe and serves as the headquarters for Goldman Sachs International. Since 2021, Goldman Sachs has also built a growing Birmingham hub at One Centenary Way, now home to 550+ employees across Engineering, Human Capital Management, Legal, Audit and Compliance — so not every graduate route runs through London. (Source: Goldman Sachs press room)

How Goldman Sachs compares

Weighing Goldman Sachs against other banking employers? Compare structure and salary with Barclays, J.P. Morgan or BlackRock — or browse the full list on our Graduate Scheme hub. Run any offer through Debut’s Paycheck Calculator to see it after tax.

Benefits

Goldman Sachs offers a pension through the Goldman Sachs UK Retirement Plan (defined benefit or defined contribution sections depending on your service history), alongside comprehensive private healthcare, wellness programmes and crisis support services.

Application Deadlines

There’s no single UK-wide deadline — timelines vary by division, and Goldman Sachs recruits on a rolling basis for most programmes. For the 2026-27 cycle, applications typically open between June and August and close between September and October, but competitive divisions fill well before the official close, so applying as soon as a role opens matters far more than tracking a calendar date.

FAQ