Hi all,
I’m deciding between applying to JPM and Goldman Sachs and was wondering which one is known for better training and support for analysts. I’m looking for a steep learning curve but also some structure, so ideally not being thrown into the deep end with zero guidance.
Any insights from people who’ve interned at either bank would be amazing. Thanks!
Hey! That's a great question, and what a fantastic position to be in, having your sights set on two top-tier firms. The good news is that both JPMorgan and Goldman Sachs are known for having excellent, well-structured training programs for their analysts. They invest heavily in their junior talent, so you're not going to be completely thrown to the wolves at either place.
The main difference often comes down to their approach and reputation. JPMorgan is frequently praised for its very thorough and foundational training. Their program is often seen as a comprehensive boot camp that builds a strong, structured base of core skills—think accounting, financial modeling, and valuation—before you even hit the desk. This kind of approach gives you a really solid platform to stand on, which seems to align with your desire for guidance and structure.
On the other hand, Goldman Sachs's training is also top-notch and highly structured initially, but the firm has a reputation for a more intense learning-by-doing culture once you're on the job. The learning curve is incredibly steep, with analysts often being given significant responsibility early on. While there's still mentorship and support, the guidance can sometimes be more on-the-fly and driven by the demanding pace of the work itself. This can be fantastic for accelerated learning, but it might feel a bit more like being "thrown in the deep end" at times.
Ultimately, the quality of your training and mentorship will depend most on the specific group and team you end up with, not just the firm's overall name. The personality of your direct manager and the team's culture will be the biggest factors in your day-to-day learning experience. My best advice is to use the rest of the recruiting process to ask thoughtful questions to your interviewers about their team's training style and how they support new analysts. That will give you the most accurate picture of where you’ll thrive.
Hey There!
Both JPMorgan and Goldman Sachs are known for strong analyst training, but the experience differs slightly. JPMorgan tends to provide a more structured program, with formal training sessions, clear onboarding, and consistent support from senior analysts and associates.
Many interns and new analysts appreciate the balance of guidance and responsibility, which helps ease the transition into the intense pace of banking.
Goldman, on the other hand, is often described as a steeper learning curve with slightly less hand-holding. Analysts can be thrown into live deals quickly, which accelerates development but also requires more self-direction. The upside is rapid exposure and responsibility, while the challenge is adapting fast without as much structure. If you prefer a bit more framework and support, JPMorgan may feel like the better fit. If you thrive on being pushed into high-pressure situations from day one, Goldman can offer that intensity. Both will prepare you well, but the style of training is where they differ.
Both JPMorgan and Goldman Sachs offer top-tier analyst training, but with slightly different vibes:
Goldman is known for a steep learning curve and expects you to pick things up fast. Training is solid, but the real learning often happens on the desk.
JPMorgan tends to have a bit more structured onboarding and support systems (mentorship, formal sessions, and smoother integration into teams).
If you're looking for a mix of intensity + support, JPM might edge out slightly. But at both banks, the learning curve will be sharp, and you'll grow quickly if you're proactive.
