Advice for an Undergrad - Sophmore at HYP

Hey guys. Thanks to everyone in the i-banking world who posts good information on here. So here's my situation: I'm a sophomore at HYP, majoring in economics, I play a varsity sport, and my GPA is a 3.0 and change. I know I am going to pursue an internship the summer after junior year, but I'm not sure if I should pursue one for this summer too. I know they're tough to get in the first place as a sophomore, but I want to hear what you guys think. Which would look better on a CV: spending a summer at LSE taking finance courses, or getting an internship at any i-bank (BB or boutique)? I'm thinking about applying to firms in in NYC and London. Are there any other options that may be good that I haven't considered yet?

Any advice I get will be great, especially from more experienced names like Mis Ind, ExGSBanker, and GhengisKhan. Thanks.

 

1st, what do you mean by 3.0 and change? 3.07?

2nd, if you can get an ibanking internship before junior year you have a huge advantage of most people out there

 
Best Response

For Harvard, Yale or Princeton, your GPA is light. It's early, but you need to get it moving upwards sooner rather than later. I understand that a varsity sport can significantly impact the GPA, but at the end of the day even with the varsity adjustment, you need to be closer to 3.4 than 3.0 to be competitive.

If you can get it, the internship will put you much further ahead than study abroad. Given that the GPA could pose a problem if it stays where it's at, start the search early.

LSE is a very good school, but summers or semesters abroad aren't always taken seriously, either by you or, as a result, by us. There's a reason people jokingly refer to LSE as "Let's See Europe".

Don't panic, you're a sophomore and it's early in the game.

 
GhengisKhan:
For Harvard, Yale or Princeton, your GPA is light. It's early, but you need to get it moving upwards sooner rather than later. I understand that a varsity sport can significantly impact the GPA, but at the end of the day even with the varsity adjustment, you need to be closer to 3.4 than 3.0 to be competitive.

If you can get it, the internship will put you much further ahead than study abroad. Given that the GPA could pose a problem if it stays where it's at, start the search early.

LSE is a very good school, but summers or semesters abroad aren't always taken seriously, either by you or, as a result, by us. There's a reason people jokingly refer to LSE as "Let's See Europe".

Don't panic, you're a sophomore and it's early in the game.

How is a full time program at a foreign MBA program seen, for a US native? Particularly the LBS MBA? (for associate level entry, of course)

 
bullmetaljacket:
I should have been more clear on the GPA. Yes, it's between 3.0 and 3.1.

You are going to need an impressive internship to have a chance. 3.0ish is probably the bottom 10-15 percent at your school.

 

3.0 is actually in the bottom 40%, but I see what you guys are saying. Thanks for the responses. I messed up royally first semester of freshman year, and have been working to get my GPA up. The good news I suppose, is that I have time.

 

HYP has probably a 3.4 median GPA (P might be lower these days because of their anti-grade-inflation policies) so you need to get your GPA up a lot.

 

is about 3.45-3.55 cumulative across all majors, with a bit of variation year to year. this is as per revised latin honors requirements capping latin honors to only top 50% of each class.

 

Does he really have that much time though? I'm wondering because I too screwed up bad last semester in my first year and am working to bring it back up.....if he's getting an intership third year then he will need to start the job search in the fall/winter of Year 3 which is only 1-2 semesters away....

 

Recusandae voluptatem recusandae omnis praesentium necessitatibus sint velit odio. Aut assumenda ut odio illo quidem quisquam iure fugit. Eveniet dolores molestiae dolorum quod rerum est. Vel ducimus et non asperiores. Et odit est amet odio suscipit suscipit aliquid. Ratione officiis magnam sequi tempore eos. Sed error facere ab officia maxime mollitia aspernatur quibusdam.

Ut ea voluptas consequuntur consequatur provident. Deserunt voluptatem ducimus sed velit sequi. Aperiam impedit ea aut inventore nobis repellendus. Quam exercitationem quis est sunt animi veritatis dicta. Sit totam enim eum aut enim.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
numi's picture
numi
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”