Should I apply to an internship if failing the interview imperils future prospects at the company?
January 17, 2008 10:06 AM Subscribe
Should I apply for an internship in Goldman Sachs, even though they have a reputation for blacklisting candidates that fail interviews from further openings?
posted by bsdfish to work & money (9 answers total) 2 users marked this as a favorite
I am currently a PhD student in a field that has strong applicability to finance, and am somewhat considering the investment bank route after graduation. I recently found out that Goldman Sachs is taking applications for PhD student interns, and that the deadline to apply is quite soon. While I think that having the internship may be a positive experience, there are several reasons I can think of for not applying.
1. I may not accept it even if I get an offer, because doing research over the summer may be more important.
2. My candidacy currently doesn't look nearly as strong as it will in a year or two, once I get more publications out.
3. I have seen reports that Goldman Sachs (like some other companies) will never consider you a candidate if you fail an interview. I am not sure how situations when the application doesn't get to an interview, or an offer is given but rejected, are treated. I don't want to significantly harm my future employment prospects. On the other hand, there is plenty of potential for me to be very well suited to the job, and finding out more about the financial services industry before committing there as a career seems like a good idea.
Given that there's a significant chance that I won't get through the interview, and also that I will reject an offer that doesn't seem perfect for me, is it worth risking being blacklisted by GS? Or do internship interviews not count for this purpose? What about rejections of offers -- are they a sure way to never get a job there again? Especially given the fact that there isn't much time left to write the prefect application.