I'm a financial industry professional with a keen interest in the career development and compensation structures of top-tier investment banks. I've spent considerable time analyzing the dynamics of internships at leading firms such as Goldman Sachs, and I'm here to provide you with a comprehensive understanding of what interns can expect in terms of compensation.

Goldman Sachs is renowned for its prestigious internships, which are highly sought after by students and recent graduates from around the globe. These internships offer invaluable experience and the opportunity to work alongside industry leaders. However, the specifics of intern compensation can vary depending on several factors, including the location, the role, and the duration of the internship.

While I cannot disclose exact figures due to the confidentiality of such information, I can provide an overview based on available data and industry standards. Interns at Goldman Sachs are typically classified into different roles, such as analysts, developers, and other specialized positions. Each of these roles may come with its own compensation structure.

According to self-reported data on job research sites like Glassdoor, a summer analyst at Goldman Sachs can expect to earn approximately $5,286 per month. This figure serves as a baseline and can be taken as a general indicator of what interns might earn. It's important to note that this is a self-reported figure and actual compensation can vary.

In addition to the base salary, interns may also receive other benefits, such as relocation assistance if the internship is in a different city or country, and meal allowances. Some interns might also have access to company-sponsored housing or subsidized accommodation, which can significantly reduce living expenses in high-cost areas.

The work hours for interns at Goldman Sachs can be demanding, often exceeding the standard 40-hour workweek. This is common in the investment banking industry, where long hours are the norm. However, the experience gained and the potential for a full-time offer upon graduation make the program highly attractive.

It's also worth mentioning that Goldman Sachs is known for its commitment to diversity and inclusion, and it offers a supportive environment for all interns. The firm provides mentorship programs, networking opportunities, and various resources to help interns succeed and grow professionally.

In conclusion, while the specifics of intern compensation at Goldman Sachs can vary, the general consensus is that interns are well-compensated for their time and effort. The experience and potential career opportunities that come with an internship at Goldman Sachs are invaluable, making it a highly competitive and sought-after program.

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He declined to say how many of those interns are analysts, how much they are paid, or how many hours they are expected to work. According to the job research site Glassdoor, which collects self-reported salaries, a Goldman Sachs summer analyst makes about $5,286 per month.Jun 18, 2015read more >>