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.