Bulge Bracket Investment Banks
Global Investment Research, Global Macro Research, Economics, PhD Fellowship-New York
SummerNo visa sponsorship
Posted 17 days ago
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This 10-week paid fellowship in Global Macro Research at Goldman Sachs offers Economics or Finance PhD candidates hands-on experience contributing to economic research that informs investment strategies. Fellows work closely with a Senior Economist to develop thematic written research, build quantitative models and analyze high-frequency data using tools such as Python, R, Stata, MATLAB or EViews. Responsibilities include data collection and cleaning, forecasting economic indicators, maintaining financial models, and drafting sections of team publications. The program provides training, mentorship and networking opportunities.
- Compensation
- Not specified
- City
- New York City
- Country
- United States
Currency: Not specified
Full Job Description
Global Investment Research, Global Macro Research, Economics, PhD Fellowship-New YorkNew York, New York, United States
GLOBAL INVESTMENT RESEARCH
From macroeconomic forecasts to individual stock analysis, our team develops tools and insights to help shape investment strategies for clients and the firm. Our analysts work on client-focused research in the equity, fixed-income, currency, and commodities markets, mining big data that enters markets around the world each day to identify game-changing insights. You’ll be part of a team that is intellectually curious, creative, analytical, and passionate about performing market research.
JOB SUMMARY AND RESPONSIBILITIES
This 10-week paid fellowship offers Economics or Finance PhD candidates an immersive opportunity to explore a career in Global Macro Research. Fellows will actively contribute to cutting-edge economic research, gaining hands-on experience, training, mentorship, and networking. The program is designed to enhance research skills, foster intellectual collaboration, and contribute to high-quality research outputs that shape investment strategies and influence economic policy.
Working closely with a Senior Economist and team, Fellow will:
- Engage in daily workflow and research processes within an economics research team.
- Generate unique, thematic written research on macroeconomic trends and their impact on financial markets.
- Develop and refine quantitative models to forecast economic indicators such as growth, inflation, and interest rates.
- Interpret and comment on high-frequency economic data releases.
- Build and maintain financial models relevant to macro-financial analysis.
- Conduct rigorous data collection, cleaning, and analysis using advanced statistical software (e.g., Python, R, Stata, MATLAB, EViews).
- Contribute to research projects and team publications, including drafting sections of reports.
QUALIFICATIONS
- Currently enrolled in a PhD program in Economics, Finance, or a closely related quantitative discipline.
- Expected graduation date: before the end of 2027.
- Demonstrated strong theoretical foundation in economics and exceptional quantitative analytical skills.
- Advanced proficiency in statistical programming languages (e.g., Python, R, Stata, MATLAB, EViews) and experience with large datasets.
- Proven capability for original and thought-provoking research.
- Meticulous attention to detail and strong organizational skills.
- Ability to work both autonomously and collaboratively in a fast-paced, dynamic research environment.
- Strong interpersonal and communication skills, with the ability to convey complex economic concepts clearly and concisely to diverse audiences.
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
We Offer Best-In-Class Benefits
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Read more about the full suite of class-leading benefits our firm has to offer.
