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Goldman Sachs new grad / entry level salary 2026, sharing my offer and what I've heard from classmates

consultant_cam · 4 replies

Got an offer from Goldman for an Analyst-level SWE role (class of 2025, starting summer 2026). Posting this because when I was searching I kept finding 2022-2023 data which is pretty stale at this point.

My offer: Base: $110,000 (NYC) Year-end bonus: $20,000-$25,000 typical for first-year analysts based on what older analysts told me. It's discretionary so it can vary. Sign-on: $20,000, prorated clawback if you leave before 18 months I think. Read the agreement carefully. No RSUs at entry level, or at least not in my offer. Some specialized teams may differ, I didn't see any equity in mine. Total first-year comp: around $130-135k realistically, maybe up to $145k if bonus is strong.

For context, my other offers were from a mid-size fintech at $125k base / $25k bonus (no equity) and from a consumer tech company at $145k base / $20k RSU per year. GS came in below the tech comp but the name, the training program, and the exit ops made it worth it for me personally.

Some classmates on the markets / securities side had slightly different structures. One person mentioned a $15k "market adjustment" on top of base, so there may be some variation by division.

The analyst program itself is pretty structured. They put you through formal training for several weeks before you join your desk. I don't have much to say about the role itself yet since I haven't started, but that was appealing to me as someone who wanted real onboarding instead of being thrown in immediately.

Feel free to ask what I know. I'm not an expert but I went through the whole process so I have some reps.

4 replies

newgrad_neil

Was the recruiter upfront about bonus expectations or did you have to ask specifically? I'm in the offer stage and the bonus range feels vague.

jp_newgrad

I had to ask directly. The recruiter said "around $20-25k for strong first-year performance" but kept saying it's discretionary and depends on team and firm performance. I'd push them to give you a historical range if possible. Asking "what did analysts at this level earn in 2024 and 2025" is totally fair.

finance_faye

The $110k NYC base is consistent with what I've seen for 2025-2026 class. Markets analysts in some divisions get slightly more because of the on-call nature but engineering base tends to be in that range. The training program is genuinely good, especially the financial markets content even if you're on the engineering track.

tired_recruiter

One thing worth knowing: GS often extends return-offer timelines. If you're a returning intern make sure you have your deadline in writing, the verbal timeline sometimes slips.