The difference between a 3.6 GPA and a 3.8 GPA really isn't much to recruiters - both strong GPAs - at that point it becomes what else do you have to offer - experience, ECs, school name, etc.

Secondly, while I am a huge believer in overcoming a low GPA or coming from a non-target school, there's a certain threshold you need to make or you won't have any chance whatsoever. I wonder if they will need to divide the euro zone into a growth bloc and a mature bloc, with two separate currencies. During my ECM internship, the minimum was 9 am to 10pm - 11pm and the max I did was 9 am to 4 am (it happened some times). Do you have a life ? At Penn, it seems that for BBs at least that the cutoff is 3.4/3.5. It's fucking hard. Another tip: know the deal makers around you. So what is it really? You look to see if people in that range also have amazing experience, then they get kept around. The MD liked me and pushed me into the process without having to apply formally online with a transcript. Did either bank receive equity infusions from the French government? Tho that hedge fund money won't be there.

Only comments I got on my GPA was that it was very strong.

You will certainly not get hired with a 2.5 GPA.

New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. Besides, we don't have the GPA written in our transcripts, and since we have a different notational system, we have to calculate the GPA ourselves and then submit it to the administration for approval (after having explained to the office person what it is and why we need such a mark). I know at my target, summa cum laude (3.9+ is top 10%). It probably confused the heck out of people who thought they were super qualified, but the process worked great for our bank.

If over 3.5 toss it into "interview" pile, if it's under, auto reject (without even looking at previous experience or other stuff). People suck at estimating how much time they spend working.

This guide will help you learn how to answer these questions and many, many more. Consulting firms have been edging up recruiting, with the big 3 applications due before Christmas break now. I've heard of some biases against athletes at Ivies because it's "how they got in". Don't just do IB for the money, you might hate yourself. Plus you won't get chosen for shit jobs anymore, you'll be on the money team. Yes I have time to shower lmao it's not that bad.

Bank. Join some clubs and get some case competitions.

Press question mark to learn the rest of the keyboard shortcuts. If not, do you have any other rec? Also if you're an incoming junior recruiting has already begun so if you want to, start now. Do you have a wife ?

They ask for HBA1 grades as soon as you have them, but interviews are often determined prior to receiving those grades. "professional" = anything in fortune 500, banking, consulting, IT @ F500, accounting, back office even...there's probably more I did not mention I worked as a summer analyst and was pushing 130 hours (total time at the office, including sleeping under my desk) at one point. Part 3: Why should I not do investment banking?

Don't send me your resume, don't ask for stock picks etc etc.

Banks provide dinner and Ubers home for free which is nice.

Now, I do have two internships already as well as multiple leadership positions in organizations and I am pretty solid on extracurriculars. Landed at an EB. Those who can't, post threads about how to do it on WSO. Its all about a well rounded and CLEAN resume in my opinion. have three roommates that work in IB, insane academics in college at top 10 business school, work 80-100 hrs a week and make 150k straight out of college.

He was an investment banker, started as your basic analyst but he was the best one in his small firm.

I can tell you guys across my group look at different things -- some look at school, some look at GPA, some look at work experience, some look to see if you're an athlete, some look at the whole package. The hours are long, you work 90-120 hours a week depending on deal flow and your bank. I internally transferred after my freshman year into McCombs with a 3.9.

1 year ago. I also go to an Ivy target school. share. They need to like you at the interview, so you need to be interesting and easy to get along with.

Actually, for many of the top banks, recruiting for Summer 2020 starts in January. Is there an updated GPA cutoff for BB junior internship opportunities 2015? ©2005-2020 Wall Street Oasis.

unless there were exceptional work experience or strong networks, and I was wondering what the criteria for the top 3 (GS/MS/JP) as well as for the rest of the BB's were in regards to IBD.

Recruiting starts in April. I know that this may vary person to person, but does anyone know the general rule here? You just need to show that you can thrive in a corporate setting. I had a mid-3.7 from a semi-target and got an offer from MS/GS. Banks prefer good experience to good GPAs (subject to a minimum in the 3.3-3.5 range). I've heard so many contradicting reports on WSO that I have no idea how resumes are evaluated. Chose Evercore over GS & MS for Full Time - Did I make the right choice?

Investment banking is providing advisory services for mergers and acquisitions, equity and debt offerings, etc etc. If they got 150 applicants from Columbia, are they going to give all 150 applicants interviews if all of them have a GPA above a certain level?

User @PowerMonkey", an investment banking vice president, shared: Once you have a pile of people you think are strong (approximately the number of interview slots open), you sit down with the rest of the team and compare notes. I do have a life.

or Want to Sign up with your social account? Greece, Ireland, and Spain need looser policy, which Trichet is certainly not interested in. WSO depends on everyone being able to pitch in when they know something. I realized that and slacked off this semester, losing the 4, for better or worse. You take your pile and get rid of everyone below a 3.0, unless they have a connection on the recruiting team pulling for them. helps get over a sub-par GPA.

my friend has a 4.0, and people usually ask if she has a life or not. Can confirm.

If you're working 100 hours a week and getting paid $150k a year your hourly wage is about $28/hr. Damadoran- forgot how to spell it but it's this Indian professor that is the shit at explaining financial concepts. In reply to Getting around GPA Cutoff by studentnel. Oh btw for proof that I'm in IB you can just ask u/theycallme1 's mom.

What’s the typical gpa cutoff for ib interviews here? Beyond those methods, your best bet is to go above HR, and work the professional network. IB doesnt even exist in Edmonton (fintards correct me if I’m wrong).

Why work the best years of our lives away?

If you can network really well and the committee reviewing resumes likes you, would they still be required to throw your resume out?

In addition, you need to have a convincing reason for why you want to do investment banking and why the path that you have taken has led you to this in terms of skills and experiences. Why even bother making 6 figures if you don't have time to spend it. See you on the other side!

Granted, I would take multiple stimulants (addy, Ritalin, etc.) All Rights Reserved.

What do you think is the minimum GPA to land a summer IB internship & full-time offer, coming from a target school? Your GPA on the other hand does matter, so try to pump it up or compensate with other things such as what I am describing below.

You make 6 figures out of school and have incredible exit opportunities including private equity, hedge funds, etc.

not even work experience).

They made profit in the last quarter ~€300m but three or four times fewer than BNP.

75% Upvoted. Sometimes all night. However, our users shared that between a 3.5 - 3.7 GPA will likely be okay coming from a target school.

one of my roammates quit IB to join a hedge fund (BAM) and makes 300k (without bonus calculation) at 25. think about that shit. It's not trading stocks. At worst, you may be able to gear your internship search for companies that will be a better fit or get good practice interviewing in a high stakes environment.

I don't think there is a risk of default. Are there Macro analyst positions within the sales and trading side of the institutions?

Close.

The MM investment bank I worked at was located in the South in city much smaller than NYC. Do everyone with a 3.5 GPA + target school really all are guaranteed interviews? ~ European lad trying to figure out why low GPAs are so common place on this forum. Press question mark to learn the rest of the keyboard shortcuts. It will save you from burning out trying to do everything for everyone. Is your MD throwing tens of pitches at you at all times? It's not an easy job. You're required to learn a shit ton of technical questions, have a story on why you want to be a banker, etc etc. If you meet the it was a hard major I'll give you the benefit, you get kept for another look.

How about for experienced hires?

It's still hard to actually get a job. to keep me going.

If you want a guarantee interview, know someone from the inside. Recruiting for Goldman Sachs, etc. Discuss any and all topics related to our proud school.