If class action is granted, the two former employees will be able to press the case on behalf of all female associates and vice-presidents in the company's investment bank, investment management and securities divisions.

Cristina Chen-Oster, a former vice-president and Shanna Orlich, a former associate, filed their suit in 2010.

The two accused Goldman of fostering a "boys club" atmosphere where binge drinking was common and meetings were held at strip clubs.

The case is In re: Chen-Oster vs. Goldman Sachs & Co, 10-06950, U.S. District Court, Southern District of New York

(Reporting by Tanya Agrawal in Bangalore; Editing by Saumyadeb Chakrabarty)