Goldman Sachs, a global investment bank acknowledged in media about its plan to increase campus hiring by 30%. Goldman’s Bengaluru office which now employs the largest number of engineers after its New York headquarter is poised to upsurge their engineering team.
Goldman intends to increase not just lateral hiring but will also ramp up campus recruitment numbers by 25-30 per cent this year to make a larger momentum into technology. Goldman has been actively engaging with campus through its GS Quantify engineering challenge. GS Quantify engineering challenge is a unique problem solving contest where you get to work on real-world problems from different areas of quantitative finance that are similar to those encountered by Goldman Sachs engineering teams every day. The program has witnessed more than 2,700 students participating till date.
Gunjan Samtani, Co-Chief Operating Officer at Goldman Sachs, was quoted in media saying, “Hiring engineers is a top priority for us in India. We are leading the push into innovative technologies like machine learning and data analytics through this talent pool.”
In the last four years, the organization’s campus hiring has increased from 120 in 2014 to 250 in 2017. To support its increased hiring, Goldman is planning to include three to seven new IITs in its compass. Earlier Goldman was hiring from eight IITs i.e. Banaras, Bombay, Delhi, Guwahati, Kanpur, Kharagpur, Madras and Roorkee, and four NITs - Allahabad, Surathkal, Trichy and Warangal.