At a Glance
- Tasks: Dive into global macro research and contribute to impactful economic analysis.
- Company: Join Goldman Sachs, a leading global investment firm with a commitment to diversity.
- Benefits: Enjoy a paid fellowship, competitive vacation, health services, and professional development.
- Why this job: Gain hands-on experience in economics while shaping investment strategies and influencing policy.
- Qualifications: PhD candidates in Economics or Finance with strong analytical skills and programming proficiency.
- Other info: Collaborative environment with mentorship and networking opportunities.
The predicted salary is between 36000 - 60000 £ per year.
Application Deadline: 6th February 2026
Global Investment Research (GIR) provides investment recommendations by generating fundamental research and analysis of companies, industries, markets and economies. GIR analysts, economists and strategists help our clients achieve superior returns through our creative, differentiated investment insights and ideas. Our clients include mutual funds, hedge funds and pension funds, among others.
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.
Key Responsibilities
- 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.
Global Macro Research, Economics, PhD Fellowship, London London · United Kingdom · Associate employer: Goldman Sachs Bank AG
Contact Detail:
Goldman Sachs Bank AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Macro Research, Economics, PhD Fellowship, London London · United Kingdom · Associate
✨Tip Number 1
Network like a pro! Reach out to current or former fellows and employees in Global Macro Research. A quick chat can give us insider info on what they look for and how to stand out.
✨Tip Number 2
Show off your skills! Prepare to discuss your quantitative models and research during interviews. We want to see how you think and approach problems, so be ready to dive deep into your work.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. This will help us refine our answers and boost our confidence before the real deal.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we often have tips and resources available there to help us along the way.
We think you need these skills to ace Global Macro Research, Economics, PhD Fellowship, London London · United Kingdom · Associate
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Global Macro Research fellowship. Highlight your relevant skills, experiences, and how they align with the responsibilities mentioned in the job description. We want to see your unique perspective!
Showcase Your Research Skills: Since this role involves generating thematic written research, include examples of your previous research work. Whether it's a thesis or a project, we love seeing how you approach complex economic concepts and present them clearly.
Be Clear and Concise: When writing your application, clarity is key! Use straightforward language and avoid jargon where possible. We appreciate candidates who can communicate complex ideas simply and effectively.
Apply Through Our Website: Don’t forget to submit your application through our official website. It’s the best way to ensure your application gets the attention it deserves. Plus, it’s super easy to do!
How to prepare for a job interview at Goldman Sachs Bank AG
✨Know Your Economics Inside Out
Make sure you brush up on key economic theories and current macroeconomic trends. Be prepared to discuss how these concepts apply to real-world financial markets, as this will show your depth of understanding and ability to think critically.
✨Show Off Your Technical Skills
Since the role requires advanced proficiency in statistical programming languages like Python or R, be ready to demonstrate your skills. Bring examples of past projects or analyses you've conducted using these tools, and be prepared to discuss your approach to data collection and analysis.
✨Prepare for Case Studies
Expect to tackle case studies or hypothetical scenarios during the interview. Practice articulating your thought process clearly and concisely, as this will showcase your analytical skills and ability to communicate complex ideas effectively.
✨Ask Insightful Questions
Prepare thoughtful questions about the team’s research focus, methodologies, and recent projects. This not only shows your genuine interest in the role but also demonstrates your proactive approach to understanding the company’s work and culture.