Does Goldman Sachs Asset management pay well? (2024)

Does Goldman Sachs Asset management pay well?

The estimated total pay range for a Asset Management Analyst at Goldman Sachs is $69K–$101K per year, which includes base salary and additional pay. The average Asset Management Analyst base salary at Goldman Sachs is $74K per year.

Can you make good money in asset management?

The higher the AUM, the higher the fees, and the higher your potential compensation. Assuming you're at a large AM firm with $100B+ AUM: if you start as an Associate (i.e., out of undergrad rather than an MBA program), expect something closer to hedge fund Junior Analyst pay: the $100K to $150K range.

What is the highest paying job at Goldman Sachs?

What is the highest salary in asset management?

Asset Manager salary in India ranges between ₹ 2.3 Lakhs to ₹ 16.0 Lakhs with an average annual salary of ₹ 6.6 Lakhs. Salary estimates are based on 1.2k latest salaries received from Asset Managers.

How much does a VP of asset management make at Goldman Sachs?

How prestigious is asset management?

What Are the Different Types of Roles in Asset Management? Although it may not have quite the cachet of investment banking, asset management is still one of the most prestigious and desirable areas in finance.

Is asset management a good career path?

For those who value stability and a good work/life balance but still want substantial compensation, asset management could be the perfect fit. However, the field is still quite competitive and intellectually demanding, so a degree and additional professional qualifications are a must.

Is Goldman Sachs a stressful job?

Working at Goldman Sachs can be difficult and stressful, especially in roles that require long hours and intense workloads.

Who pays more Goldman Sachs or JP Morgan?

Who pays more JP Morgan or Goldman Sachs? At the same role Goldman Sachs 100% pays more. Their bonus is set to be sometimes more than 100% your salary as you get more senior.

Does JP Morgan pay more than Goldman Sachs?

Salaries. Of the top 3 common jobs between the two companies, Goldman Sachs salaries averaged ₹5,76,376 higher than J.P. Morgan.

How many hours do Asset Managers work?

Differences in work lifestyle

Asset managers can work up to 50 hours a week, while investment bankers are likely to work from 60 to 70 hours a week. Investment bankers and asset managers sometimes work weekends, depending on their workloads.

Is asset management better than investment banking?

Investment banking professionals most definitely get higher salaries substantiated with longer working hours. Asset management professionals manage money for individuals, corporations et al., which implies that they have a set of clients to look after.

What company is the largest asset manager?

BlackRock, Inc. is an American multinational investment company. It is the world's largest asset manager, with $10 trillion in assets under management as of December 31, 2023. Headquartered in New York City, BlackRock has 78 offices in 38 countries, and clients in 100 countries.

What does an asset manager do at Goldman Sachs?

We provide investment management solutions across all major asset classes to a diverse set of institutional and individual clients. Bringing together traditional and alternative investments, we provide clients around the world with a dedicated partnership and focus on long-term performance.

How long does it take to become a VP at Goldman Sachs?

Instead, you start as an Analyst or Associate and get promoted by performing well and proving that you can work well with clients. If you start as an Analyst, it might take 2-3 years to become an Associate, and it might then take another 3-4 years to become a VP.

What is the hierarchy at Goldman Sachs?

The structure of Goldman Sachs is best exemplified by its career advancement process. Recruits start as Analysts and are then promoted to Associate, Executive Director/Vice President, and occasionally, Managing Director.

Is it easy to get into asset management?

You'll need at least a bachelor's degree in business, accounting, finance, or another related field if you want to work as an asset manager. Consider getting special financial certifications and designations if you want to work in special areas of the field or if you want to work with top names.

What GPA do you need for asset management?

A GPA or 3.5 or better is ideal, but make sure you have a minimum of a 3.0 if you want to get past most resume screens. Q: What is the best type of internship to get? Asset management or hedge fund internships are ideal, as long as they are front office internships.

Who are the big three asset managers?

Within the world of corporate governance, there has hardly been a more important recent development than the rise of the 'Big Three' asset managers—Vanguard, State Street Global Advisors, and BlackRock.

What is the average age of asset managers?

The average age of asset managers is 40+ years years old, representing 68% of the asset manager population.

Do you need a CFA to work in asset management?

Some people in pursuit of asset management careers may choose to complete an MBA program in lieu of, or in addition to, the CFA Program. That's certainly an option, but not all asset management firms view the MBA in the same light as the CFA charter.

What pays more asset management or wealth management?

It is generally understood that Asset Managers and Wealth Managers earn more or less the same amount of money: in any given bank, an Asset Manager will charge the same amount as their counterparts in Wealth Management.

How hard is it to get hired by Goldman Sachs?

Goldman Sachs is the premier investment bank in the world. With an acceptance rate of roughly 4%, it's harder to get into Goldman than it is to get into Harvard or Yale. Let me share how to get a job at Goldman Sachs from someone who did.

Is Goldman Sachs struggling?

But for the full year, Goldman struggled. Investment banking fees were down 16% from 2022, and trading in commodities, currencies and fixed income was down 18%.

What is the salary bump for Goldman Sachs?

NEW YORK, March 15 (Reuters) - The pay of Goldman Sachs' (GS. N) , opens new tab top three executives jumped by an average of nearly 24% in 2023, the Wall Street investment banking company disclosed in a filing on Friday, even as its profit fell last year.