Goldman Sachs is one of the world’s leading investment banks, offering a range of financial services to a global client base that includes corporations, governments, financial institutions, and individuals. The firm has a reputation for excellence and a rigorous selection process that seeks to identify the best talent in the industry. Aspiring to work at Goldman Sachs is a goal for many, but the path to securing a position is challenging and requires thorough preparation.
One of the first hurdles in the recruitment process is the Goldman Sachs Aptitude Test. This test is a critical component of the selection process, designed to assess candidates’ cognitive abilities, problem-solving skills, and suitability for a role within the firm. The aptitude test serves as an essential filter, helping Goldman Sachs identify individuals with the analytical capabilities and mental agility required to succeed in the high-pressure environment of investment banking.
For job seekers aiming to join Goldman Sachs, understanding the aptitude test is crucial. This article is intended to provide a comprehensive overview of the test, including its format, the types of questions asked, and strategies to maximise your chances of success. Whether you’re a fresh graduate or an experienced professional, this guide will help you prepare effectively for the Goldman Sachs Aptitude Test, giving you the best chance of advancing to the next stages of the recruitment process.
Goldman Sachs Aptitude Test
Before delving into the specifics of the aptitude test, it’s important to have a broad understanding of what the test entails and how it fits into the overall recruitment process at Goldman Sachs. The aptitude test is a standardised assessment tool used by Goldman Sachs to evaluate a candidate’s intellectual capabilities and readiness for the demanding roles within the company.
Goldman Sachs Aptitude Test Format and Structure
The Goldman Sachs Aptitude Test is carefully designed to assess a wide range of cognitive skills through various question types. It is typically divided into several sections, each focusing on a different aspect of reasoning or numerical ability. Understanding the structure of the test is essential for effective preparation, as it allows candidates to allocate their time and focus appropriately during the exam.
- Numerical Computation: This section tests your ability to perform basic arithmetic operations quickly and accurately. The questions are straightforward but require careful attention to detail, as errors can easily occur if you’re not precise in your calculations. You might encounter questions involving addition, subtraction, multiplication, division, percentages, ratios, and more.
- Numerical Reasoning: This section is more complex, requiring you to interpret and analyse numerical data. The questions often present data in the form of tables, graphs, or charts, and you’ll need to draw logical conclusions based on the information provided. Numerical reasoning questions are designed to test your ability to think critically and solve problems using numerical data.
- Logical Reasoning: Logical reasoning questions assess your ability to think critically and solve problems based on a set of given information. These questions often involve puzzles, sequences, and patterns that require you to apply logic and reasoning skills to find the correct answer.
- Abstract Reasoning: In the abstract reasoning section, you’ll be asked to identify patterns and relationships between abstract shapes and figures. This section tests your ability to think conceptually and recognize trends or patterns that are not immediately obvious.
- Diagrammatic Reasoning: Diagrammatic reasoning questions require you to work with visual information presented in the form of diagrams. You’ll need to interpret the diagrams and use logical reasoning to solve the problems posed by the questions.
- Verbal Reasoning: The verbal reasoning section assesses your ability to understand and analyse written information. You might be asked to read passages and answer questions about the content, evaluate arguments, or identify grammatical errors in sentences. Strong verbal reasoning skills are essential for effective communication and comprehension in the workplace.
Each section of the test is timed, and the overall duration of the test can vary depending on the specific role you’re applying for. It’s important to manage your time effectively during the test, ensuring that you complete as many questions as possible without sacrificing accuracy.
Goldman Sachs Aptitude Test Types of Questions
The Goldman Sachs Aptitude Test includes a variety of question types, each designed to assess different cognitive skills. Familiarising yourself with these question types and practising them in advance can significantly improve your performance on the test.
Numerical Computation
Numerical computation questions are fundamental arithmetic problems that require quick and accurate calculations. These questions test your ability to perform basic mathematical operations and apply numerical concepts in real-world scenarios.
Question 1: Arithmetic operations (addition, subtraction, multiplication, division)
Example: Calculate the result of 35 × 8 − 24 ÷ 6.
Question 2: Percentages, ratios, and proportions
Example: If 60% of a quantity is 180, what is the total quantity?
Question 3: Averages, speeds, and distances
Example: If a vehicle covers 180 miles in 4 hours, what is its average speed?
Question 4: Profit and loss, simple and compound interest
Example: A product is bought for $150 and sold for $210. What is the profit percentage?
Question 5: Data interpretation (tables, graphs, charts)
Example: Based on a given graph showing quarterly sales, calculate the percentage growth in sales from Q2 to Q3.
Numerical computation questions require precision and a solid understanding of basic mathematical principles. Practising these types of questions will help you improve your speed and accuracy, which are crucial for success in this section of the test.
Numerical Reasoning
Numerical reasoning questions are designed to test your ability to interpret and analyse numerical data. These questions often involve more complex calculations and require a deeper understanding of numerical relationships.
Question 1: Number series
Example: Identify the next number in the series: 3, 9, 27, 81, …
Question 2: Data sufficiency
Example: Given two statements about a data set, determine whether the information provided is sufficient to answer a specific question.
Question 3: Inequalities
Example: Solve the inequality 4X − 5 < 11.
Question 4: Data interpretation (complex data sets)
Example: Analyse a financial report and determine which department had the highest increase in profitability.
Numerical reasoning questions often involve real-world scenarios, such as financial calculations or interpreting data from charts and tables. Practising these questions will help you develop the critical thinking skills needed to analyse numerical data effectively.
Logical Reasoning
Logical reasoning questions assess your ability to think critically and solve problems using logic and reasoning. These questions often involve puzzles, patterns, and relationships that require careful analysis.
Question 1: Puzzles (number, arrangement, seating, etc.)
Example: Determine the correct seating arrangement for a group of people based on the clues provided.
Question 2: Blood relations
Example: Given a set of relationships, determine how two individuals are related to each other.
Question 3: Directions
Example: A person walks 7 km east, then turns left and walks 5 km. In which direction is he now?
Question 4: Syllogisms
Example: Determine whether a conclusion logically follows from two given premises.
Question 5: Coding-decoding
Example: If ‘MOUSE’ is coded as ‘NVTUF’, what is the code for ‘HOUSE’?
Logical reasoning questions challenge your ability to think logically and apply deductive reasoning to solve complex problems. These questions often require you to think outside the box and consider multiple possibilities before arriving at the correct answer.
Abstract Reasoning
Abstract reasoning questions test your ability to recognize patterns, relationships, and trends in abstract shapes and figures. These questions assess your ability to think conceptually and identify underlying patterns that are not immediately obvious.
Question 1: Pattern recognition
Example: Identify the next shape in a sequence based on the pattern of changes observed in the previous shapes.
Question 2: Analogy
Example: Determine the relationship between two abstract figures and find a figure that matches this relationship.
Question 3: Series completion
Example: Complete a series of shapes by identifying the pattern that governs the sequence.
Abstract reasoning questions require a high level of attention to detail and the ability to think abstractly. These questions are often visual and require you to mentally manipulate shapes and patterns to find the correct answer.
Diagrammatic Reasoning
Diagrammatic reasoning questions involve interpreting diagrams and visual information to solve problems. These questions test your ability to understand and analyse visual data, often requiring you to identify patterns, relationships, or sequences within the diagrams.
Question 1: Figure completion
Example: Determine which piece completes a missing part of a figure, based on the pattern or design of the figure.
Question 2: Figure classification
Example: Classify a set of figures into groups based on shared characteristics or patterns.
Question 3: Figure analogy
Example: Identify which figure is to the second figure as the third figure is to the fourth.
Diagrammatic reasoning questions demand strong visual analysis skills and the ability to recognize complex relationships between visual elements. Practising these questions will enhance your ability to quickly interpret and analyse diagrams, a skill that is valuable not only for the aptitude test but also in many professional scenarios.
Verbal Reasoning
Verbal reasoning questions assess your ability to comprehend, analyse, and interpret written information. These questions are crucial for evaluating how well you can process textual information, an essential skill for effective communication in any role at Goldman Sachs.
Question 1: Reading comprehension
Example: Read a passage and answer questions about the main idea, supporting details, or the author’s intent.
Question 2: Critical reasoning
Example: Evaluate an argument presented in a passage and determine whether the conclusion logically follows from the premises.
Question 3: Verbal analogies
Example: Identify the relationship between a pair of words and select a word that shares the same relationship with another given word.
Question 4: Sentence correction
Example: Identify grammatical errors or awkward phrasing in a sentence and select the most appropriate correction.
Verbal reasoning questions are designed to measure your reading comprehension, logical thinking, and language proficiency. These skills are vital for communicating complex ideas clearly and persuasively, a key competency for success at Goldman Sachs.
With a clear understanding of the test format, you are ready to explore sample questions and answers. This will help you prepare effectively for each section
Goldman Sachs Aptitude Test: Questions and Answers
To help you prepare for the Goldman Sachs Aptitude Test, this section includes sample questions and answers for each type of question you might encounter. Practising these questions will not only familiarise you with the format of the test but also improve your problem-solving speed and accuracy.
Goldman Sachs Numerical Computation: Questions and Answers
Arithmetic operations (addition, subtraction, multiplication, division):
Question: What is the result of 56 ÷ 7 × 4 − 18 + 2?
Answer: First, perform the division: 56 ÷ 7 = 8. Then, multiply: 8 × 4 = 32. Subtract 18: 32 − 18 = 14. Finally, add 2: 14 + 2 = 16.
Percentages, ratios, and proportions:
Question: A company’s revenue increased by 20% from $500,000. What is the new revenue?
Answer: Increase = 20% of $500,000 = 0.2 × $500,000 = $100,000. New revenue = $500,000 + $100,000 = $600,000.
Averages, speeds, and distances:
Question: If a person travels 240 miles in 4 hours and then 180 miles in 3 hours, what is the average speed for the entire journey?
Answer: Total distance = 240 miles + 180 miles = 420 miles. Total time = 4 hours + 3 hours = 7 hours. Average speed = Total distance ÷ Total time = 420 miles ÷ 7 hours = 60 miles per hour.
Profit and loss, simple and compound interest:
Question: If you invest $1,000 at a simple interest rate of 5% per annum, what will be the total amount after 3 years?
Answer: Simple interest = Principal × Rate × Time = $1,000 × 0.05 × 3 = $150. Total amount = Principal + Interest = $1,000 + $150 = $1,150.
Data interpretation (tables, graphs, charts):
Question: Based on a bar chart showing the sales of different products, calculate the percentage of total sales attributed to Product B if its sales are $150,000 and the total sales of all products are $600,000.
Answer: Percentage = ($150,000 ÷ $600,000) × 100% = 25%.
Goldman Sachs Numerical Reasoning: Questions and Answers
Number series:
Question: Identify the next number in the series: 5, 11, 23, 47, …
Answer: The pattern is that each number is (previous number × 2) − 1. So, 47 × 2 = 94, and 94 − 1 = 93.
Data sufficiency:
Question: Determine whether the information given is sufficient to solve the problem: Is X > Y?
Answer: Given statements: (1) X + 2 = Y + 4, (2) X − Y > 1. Analyse whether one or both statements are needed to determine the answer.
Inequalities:
Question: Solve the inequality 3X + 7 > 2X − 5.
Answer: Subtract 2X from both sides: X + 7 > −5. Subtract 7 from both sides: X > −12.
Data interpretation (complex data sets):
Question: Analyse a given table of financial data to determine which department has the highest increase in revenue year-over-year.
Goldman Sachs Logical Reasoning: Questions and Answers
Puzzles (number, arrangement, seating, etc.):
Question: Four friends are seated around a table. Amy is not next to Bob. Claire is sitting to the left of Amy. David is directly opposite Bob. Who is sitting next to David?
Answer: Analyse the seating arrangement based on the clues provided.
Blood relations:
Question: Tom is the brother of Jerry, who is the son of Lucy. If Lucy is married to Mark, how is Tom related to Mark?
Answer: Tom is the son of Mark.
Directions:
Question: A person walks 5 km north, then turns right and walks 3 km, then turns right again and walks 2 km. Which direction is the person now facing?
Answer: West.
Syllogisms:
Question: Consider the statements: All cats are animals. Some animals are dogs. Therefore, some cats are dogs. Is the conclusion valid?
Answer: The conclusion is invalid based on the statements provided.
Coding-decoding:
Question: If the word “ROAD” is coded as “URDG,” what is the code for “SAND”?
Answer: Apply the same coding pattern to find the answer: “UCOF.”
Goldman Sachs Abstract Reasoning: Questions and Answers
Pattern recognition:
Question: Identify the next figure in a sequence where each figure rotates by 45 degrees clockwise.
Answer: Determine the correct figure based on the rotation pattern.
Analogy:
Question: Figure A is to Figure B as Figure C is to ____?
Answer: Identify the relationship between Figures A and B and apply it to find the figure that corresponds to Figure C.
Series completion:
Question: Complete the series of shapes: ▲, ■, ▼, ●, ____?
Answer: Identify the pattern governing the sequence and choose the correct shape.
Goldman Sachs Diagrammatic Reasoning: Questions and Answers
Figure completion:
Question: Identify the missing piece that completes a partially constructed figure.
Answer: Use visual reasoning to find the correct piece based on the pattern.
Figure classification:
Question: Group a set of figures into categories based on their shapes, sizes, or patterns.
Answer: Analyse the figures and determine which ones share common characteristics.
Figure analogy:
Question: Find the figure that completes the analogy: A is to B as C is to ____?
Answer: Identify the visual relationship between A and B and apply it to find the corresponding figure for C.
Goldman Sachs Verbal Reasoning: Questions and Answers
Reading comprehension:
Question: After reading a passage about economic trends, answer the following: What is the main argument presented by the author?
Answer: Identify the primary point or conclusion based on the passage.
Critical reasoning:
Question: Evaluate an argument that claims “If all businesses invest in technology, productivity will increase.” Is this argument valid?
Answer: Assess the logic of the argument and identify any assumptions or flaws.
Verbal analogies:
Question: “Teacher is to School as Doctor is to ____?”
Answer: Choose the word that best completes the analogy: “Hospital.”
Sentence correction:
Question: Identify the grammatical error in the following sentence: “Neither of the candidates were selected for the position.”
Answer: The correct sentence should be: “Neither of the candidates was selected for the position.” The word “neither” is singular, so it should be followed by “was” instead of “were.”
Synonyms and Antonyms:
Question: Select the word that is most similar in meaning to “abundant.”
Answer: The correct synonym for “abundant” is “plentiful.”
Question: Select the word that is most opposite in meaning to “intricate.”
Answer: The correct antonym for “intricate” is “simple.”
Now that you’ve seen examples of the types of questions you will encounter, it’s time to learn some strategies for success. These tips will help you perform your best on test day.
Tips for Preparing for the Goldman Sachs Aptitude Test
Preparing for the Goldman Sachs Aptitude Test requires strategic planning and focused practice. Here are some tips to help you maximise your preparation:
1) Understand the Test Format:
Familiarise yourself with the different types of questions you may encounter on the test. Knowing the format will help reduce anxiety and improve your time management during the exam.
2) Practise Regularly:
Consistent practice is key to mastering the different question types. Use sample questions and mock tests to gauge your progress and identify areas where you need more practice.
3) Focus on Weak Areas:
Identify the question types or topics that you find most challenging and allocate extra time to practise those areas. Strengthening your weaknesses will improve your overall performance.
4) Time Management:
During the test, time management is crucial. Practice answering questions within a set time limit to ensure that you can complete the test within the allocated time.
5) Use Quality Resources:
Use reputable study guides, online practice tests, and other resources specifically designed for aptitude tests. These resources can provide valuable insights and help you prepare effectively.
6) Stay Calm and Focused:
On the day of the test, stay calm and maintain focus. Read each question carefully, and don’t rush through the answers. If you encounter a difficult question, it’s okay to skip it and return to it later.
7) Review Basic Concepts:
Make sure you have a strong understanding of basic mathematical, logical, and verbal concepts. Reviewing these fundamentals will help you tackle more complex questions with confidence.
8) Take Care of Yourself:
Get plenty of rest the night before the test, eat a healthy meal, and stay hydrated. Taking care of your physical well-being will help you perform at your best.
Conclusion
Preparing for the Goldman Sachs Aptitude Test is a crucial step in your journey to securing a position at one of the most prestigious financial institutions in the world. By understanding the test format, practising consistently, and focusing on your weak areas, you can improve your chances of success.
The aptitude test is designed to assess your problem-solving abilities, logical reasoning, numerical skills, and verbal proficiency—all essential qualities for a career at Goldman Sachs. With dedication and the right preparation strategies, you can approach the test with confidence and demonstrate your potential to contribute to the firm’s success.
Good luck with your preparation, and remember that every practice session brings you one step closer to achieving your goal of joining Goldman Sachs.
FAQs related to Goldman Sachs Aptitude Test
1) Is the Goldman Sachs aptitude test difficult?
Yes, the Goldman Sachs aptitude test is considered difficult. It is designed to assess your problem-solving skills, quantitative ability, and logical reasoning. The questions are often challenging and require you to think critically and efficiently.
2) What comes in the Goldman Sachs aptitude test?
The Goldman Sachs aptitude test typically includes the following sections:
- Quantitative Aptitude: This section tests your ability to solve mathematical problems quickly and accurately. You can expect questions on topics such as arithmetic, algebra, geometry, and data interpretation.
- Logical Reasoning: This section assesses your ability to think logically and solve problems using reasoning and deduction. You may encounter questions on topics like puzzles, syllogisms, and blood relations.
- Verbal Reasoning: This section evaluates your verbal skills and ability to understand and analyze written information. You can expect questions on topics such as reading comprehension, sentence correction, and vocabulary.
3) What is the cutoff for the Goldman Sachs aptitude test?
The cutoff for the Goldman Sachs aptitude test varies depending on the number of applicants, the difficulty level of the test, and the company’s hiring needs. However, it is generally quite high. To increase your chances of clearing the test, it is important to prepare thoroughly and aim for a high score.
4) Is it hard to crack Goldman Sachs interview?
Yes, the Goldman Sachs interview is considered challenging. The interviewers are highly experienced and skilled at assessing candidates’ abilities and fit for the role. They may ask you a variety of questions, including technical questions, behavioral questions, and case studies. To increase your chances of success, it is important to prepare well, practice answering common interview questions, and research the company and the role you are applying for.
