Golden Days At Goldman Sachs - Summer Internship Experience
I was not sure initially about what to look forward to and whom to approach to get my doubts cleared, but my colleagues at GS helped me a lot to understand the firm’s core values, its business principles, and culture at large. For me, the most important thing is to understand whether we are a perfect fit for the role and firm and if the firm is a good fit for you.
Life, a spicy mix of a joyful conundrum, throws up many opportunities to us. Not in isolation, but always partnered with challenges, risks, and enigmatic circumstances. It is up to an individual to decide whether he stands strong in stormy situations or bows down to the tribulations of life. I, as someone coming from an ordinary South Indian family, have nothing other than sheer passion, dedication, and commitment to pave my own way out of an unendingly competitive world.
No different from any other crow, I had come to IIM Ranchi with loads of hope that I would find a great place to live and learn, and what I got is more than my expectations. I started my preparation for SIP, spending more time on what the firms across businesses require and look for in a candidate and tried to build skills that were essential while brushing up the technical knowledge according to that. I believe that the companies, irrespective of their domains look for candidates with great communication skills, creative brains, and conviction in thought and action, rather than just technical knowledge and academic merit. After that acute systematic preparation, I feel happy that my journey, filled with adventurous leaps, hardships, learnings, and emotional crossroads, finally ended at a colourful destination after my first year.
I joined Goldman Sachs to work with the Global Investment Research Division. Day one was very special to me, as we were introduced to the firm, its policies and rich tradition of 150 years. I was suddenly feeling a great sense of pride in being associated with GS. I must say that the two months that I got to spend at GS were the best days of my life. I started my journey with curiosity and ended it with enormous satisfaction. People around me, who hailed from prestigious institutions from across the world, were one of the biggest sources of constant motivation to work harder and push my personal bars higher.
I was not sure initially about what to look forward to and whom to approach to get my doubts cleared, but my colleagues at GS helped me a lot to understand the firm’s core values, its business principles, and culture at large. For me, the most important thing is to understand whether we are a perfect fit for the role and firm and if the firm is a good fit for you.
After the first week at work, I was more focused on gaining more insight into the daily work and a deep dive into investment research broadly.
People complain that the work hours are long and stressful but for me, it was like being at home with your friends around, doing what you always dreamt of doing. I was fortunate to have a supportive team and extraordinary friends who were always approachable amidst their highly busy schedules.
The most important person through my tenure at GS was my mentor. He was the one who I could readily disturb for the silliest of doubts, and always received a positive response with a smile. The way he nurtured a stranger to Investment.
Research into one who could recommend an investment opinion about a company was worth highly appreciating. I was never treated like an intern, as I was a part of the team’s important decisions, discussions, and debates. Allowing a young guy like me to comment on the highly experienced views of research analysts gave me confidence that I too had a say, and made me more responsible thereby.
As days passed by, I was only getting more humble, yet proud; smart, yet silly; head held high in the sky, yet feet firm on the ground. Every day made me a better individual as I was learning something, not just finance, but also life at large. As a spectator of this journey of mine, I could understand that difficult roads are those that actually lead to beautiful destinations.
After a two month dream come true at GS, I look forward to my life at IIM Ranchi, optimistically and curiously, to make each day count not just to make my life better, but also to add to the feathers of this great institute.
About the Author:
K Subhash is a student of MBA at IIM Ranchi. A Gold Medalist, Subhash has published several research papers in the areas of finance and analytics in reputed journals with high impact factor with ISBN/ISSN. Besides academics, he is interested in rural skill development & education and he is also the President of a Hyderabad-based NGO.
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Student Forum
Answered 2 months ago
Indian Institute of Management Ranchi is one of the top Management institutes in India. As per the NIRF ranking, IIM Ranchi ranking has shown a fluctuating trend. IIM Ranchi was ranked 15 in 2022 and 24 in 2023. Candidates can refer to the table below to know more about the rankings:
Ranking Body | Category | Rank |
NIRF 2025 | Management | 18 |
Outlook 2024 | MBA- Government | 7 |
IIRF 2024 | MBA | 15 |
NIRF 2024 | Management | 17 |
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Contributor-Level 10
Answered 2 months ago
A ranking trend of IIM Ranchi under the Management category by the National Institutional Ranking Framework created Ministry of Education, Government of India is mentioned below:
Ranking Body | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
NIRF | 21 | 15 | 24 | 17 | 18 |
This ranking data is taken from the official NIRF website, interested students can check the official website to confirm
C
Contributor-Level 10
Answered 2 months ago
For obtaining IIM Ranchi admission, appear for the prescribed entrance tests. Visit the official website of the IIM Ranchi to learn more regarding the eligibility details for their preferred course choice. Accepted exams include IPMAT and CAT.
A
Contributor-Level 10
Answered 4 months ago
The domain-wise the highest, average and median package offered during IIM Ranchi placements 2025 is presented below:
Domains | the highest Package (2025) | Average Package (2025) | Median Package (2025) |
|---|---|---|---|
Strategy and Consulting | INR 27 LPA | INR 20.49 LPA | INR 19.31 LPA |
Finance | INR 39.69 LPA | INR 20.19 LPA | INR 17.64 LPA |
IT Analytics | INR 27.94 LPA | INR 18.96 LPA | INR 18.37 LPA |
Operations Management | INR 25.13 LPA | INR 18.67 LPA | INR 18.5 LPA |
Sales & Marketing | INR 50.39 LPA | INR 19.07 LPA | INR 17.19 LPA |
K
Contributor-Level 10
Answered 4 months ago
The key highlights of IIM Ranchi placements 2025 for MBA, MBA BA and MBA HR programs are presented below:
Particulars | MBA Placement Statistics (2025) | MBA HR Placement Statistics (2025) | MBA BA Placement Statistics (2025) |
|---|---|---|---|
the highest package | INR 50.39 LPA | INR 35.3 LPA | INR 27.94 LPA |
Average package | INR 19.29 LPA | INR 19.02 LPA | INR 19.86 LPA |
Median package | INR 17.64 LPA | INR 18 LPA | INR 18.11 LPA |
Total recruiters | 81 | 26 | 34 |
PPO Percentage | 19.8% | 30% | 21.7% |
S
Contributor-Level 9
Answered 4 months ago
The course-wise average salary trend witnessed during IIM Ranchi placements over the past three years is presented below:
Course | Average Package (2023) | Average Package (2024) | Average Package (2025) |
|---|---|---|---|
MBA | INR 17.3 LPA | INR 18.69 LPA | INR 19.29 LPA |
MBA HR | INR 16.3 LPA | INR 18.37 LPA | INR 19.02 LPA |
MBA BA | INR 16.4 LPA | INR 19.13 LPA | INR 19.86 LPA |
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Contributor-Level 9
Answered 4 months ago
BFSI & Fintech sector emerged as the top recruiting sector during IIM Ranchi MBA placements 2025. The sector-wise placement distribution recorded during IIM Ranchi placements 2025 is presented below:
Sectors | MBA BA Placement Distribution (2025) |
|---|---|
BFSI & Fintech | 43.48% |
Consulting & Professional Services | 19.57% |
E-Commerce & Tech | 4.35% |
FMCG | 2.17% |
IT & ITES | 6.52% |
Manufacturing | 8.7% |
Others | 15.21% |
Sectors | MBA Placement Distribution (2025) |
BFSI & Fintech | 37.06% |
Manufacturing | 12.18% |
E-Commerce & Tech | 9.64% |
IT & ITES | 8.63% |
Consulting & Professional Services | 6.6% |
Automobile | 6.09% |
FMCG | 5.58% |
Others | 14.22% |
Sectors | MBA HR Placement Distribution (2025) |
BFSI & Fintech | 22% |
Consulting & Professional Services | 22% |
Manufacturing | 14% |
Energy Oil & Gas | 12% |
Automobile | 8% |
FMCG | 6% |
Media & Entertainment | 6% |
Others | 10% |
S
Contributor-Level 9
Answered 4 months ago
Find below the course-wise salary trends witnessed during IIM Ranchi over the past three years:
Course - highest package | 2023 (INR) | 2024 (INR) | 2025 (INR) |
|---|---|---|---|
MBA | 67 LPA | 37.8 LPA | 50.39 LPA |
MBA HR | 32.2 LPA | 33.97 LPA | 35.3 LPA |
MBA BA | 22.3 LPA | 34.91 LPA | 27.94 LPA |
Course - median package | 2023 | 2024 | 2025 |
MBA | 16.5 LPA | 18 LPA | 17.64 LPA |
MBA HR | 16 LPA | 18.22 LPA | 18 LPA |
MBA BA | 16 LPA | 16.88 LPA | 18.11 LPA |
Course - average package | 2023 | 2024 | 2025 |
MBA | 17.3 LPA | 18.69 LPA | 19.29 LPA |
MBA HR | 16.3 LPA | 18.37 LPA | 19.02 LPA |
MBA BA | 16.4 LPA | 19.13 LPA | 19.86 LPA |
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Contributor-Level 9







