Discover your dream Career
For Recruiters

Goldman Sachs is teaching its female analysts how to code

It's not just JPMorgan. Goldman Sachs is also offering its juniors the opportunity to learn how to code, but only if they're women.

As part of its partnership with charitable organisation Code First Girls, Goldman Sachs is rolling out evening coding courses for young female staff who are interested in learning how to program.

In a memo sent last week to Goldman analysts, Jo Hannaford, head of EMEA technology at Goldman Sachs, invited female analysts aged 26 and below (in line with Code First Girls' age parameters) to apply to take part in evening coding courses in introductory web development, Ruby and Python in London. Each course is eight weeks long and involves one evening a week. Female analysts are being asked to sign-up on a first come, first serve basis. 

Goldman's initiative follows JPMorgan's decision to teach 300 new analysts in its asset management division and a third of all analysts entering its investment bankig division how to code in Python. “Coding is not for just tech people, it is for anyone who wants to run a competitive company in the 21st century,” said Mary Callahan Erdoes, head of JPMorgan Asset Management, when the initiative was launched last year. 

Morgan Stanley, meanwhile, is redesigning its trading floor to bring its traders closer to its technologists. 

Hannaford said she is very excited to be able to offer the courses to Goldman's female analysts, although there's little indication yet that coding lessons will become a standard part of Goldman's analyst program. 

Last month we reported that Goldman Sachs has increased pay for first year technologists with masters degrees to £98k ($128k). This is seemingly causing some friction with more senior technologists who are paid a similar amount, and to analysts in front office jobs at Goldman, who complain of being paid less. 

Have a confidential story, tip, or comment you’d like to share? Contact: sbutcher@efinancialcareers.com in the first instance. Whatsapp/Signal/Telegram also available. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t).

author-card-avatar
AUTHORSarah Butcher Global Editor
  • An
    Anonymous
    5 February 2019

    Why are Goldmans not giving the same opportunities to male staff and females over 26?

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Articles
Latest Jobs
Deutsche Bank
Senior Operations Analyst - Reconciliation Team
Deutsche Bank
Jacksonville, United States
QBE Insurance
Senior Analyst I - Actuarial
QBE Insurance
Sun Prairie, United States

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.