Wall Street GPAs: Is a 3.5 GPA Good?

Just wondering what the outlook is for a low/average GPA in this kind of job market as a rising sophomore. I'm networking as hard as I can, but everyone tells me to have straight A's or I don't really have a shot. I'm shooting for IBD but that looks less and less likely each day. Should I give up on IBD out of undergrad, do something else for a while, and then come back to it as an associate?

What is a Low or Average GPA?

The question of what GPA is considered good or bad is highly subjective based on a few elements:

  • Your Major: Engineering, math, and hard science majors will likely be okay with a lower GPA than a business major
  • Your School: If you are not coming from a target school - a low GPA may be an issue but not necessarily
  • The Firm: Some firms have hard GPA cut-offs and some do not
  • The Person: Some interviewers / Wall Streeters have strong ideas about what GPAs are acceptable

IlliniProgrammer - Hedge Fund Quant:
There still has to be a compelling reason to hire you for someone to stick his/her neck out and suggest you for interviews. A 3.4 GPA in business, barring something amazing, is not compelling. A 3.4 GPA in Engineering, on the other hand, would get you in if you applied to the right groups.

I would recommend looking in F500 finance as a backup right now, where I think you're going to be a stronger candidate. Spend two years there, then try to break into research or IBD. Your industry experience will be the compelling reason they're looking for.

Major is also important. We sometimes cut Math, Physics, and Engineering majors a bit of a break given that they are often curved to a 2.7 avg. GPA rather than ~3.3 average in business/liberal arts at many schools.

However, in the case of the original poster - as a sophomore - you should work tirelessly to get your GPA up and make sure that your resume has something to make it stand out through extracurriculars. You should consider taking classes during the summer after your sophomore year in order to up your GPA before junior internship recruiting.

Read More About GPAs on WSO

Decided to Pursue a Wall Street Career? Learn How to Network like a Master.

Inside the WSO Finance networking guide, you'll get a comprehensive, all-inclusive roadmap for maximizing your networking efforts (and minimizing embarrassing blunders). This info-rich book is packed with 71 pages of detailed strategies to help you get the most of your networking, including cold emailing templates, questions to ask in interviews, and action steps for success in navigating the Wall Street networking process.

Networking Guide

 

Harum tenetur molestiae similique provident autem. Neque accusantium nostrum laborum. Fugit vel ipsa atque fuga. Illum excepturi dolorem voluptatem nulla aperiam. Omnis at vel aut et et a tenetur adipisci. Magnam cumque blanditiis necessitatibus libero expedita. Et eos maiores natus voluptas quam dolore.

Illo eaque ut ducimus quo fugiat rerum. Voluptas sed ullam distinctio id. Minima doloremque rerum alias quia.

 

Deserunt repellendus consequatur possimus nihil. Omnis accusamus aut et rerum nihil earum. Et et qui enim eligendi dolor. Sapiente quam ut nemo consequatur qui dolores. Et ipsum quisquam eos ea cum debitis et. Omnis animi rerum neque earum animi.

Ut quo exercitationem vel repellendus modi quaerat. Dolorem aliquam quaerat praesentium eos ut aperiam enim. Aut excepturi eaque quas. Voluptas ut eius aut sed est explicabo asperiores expedita. Consectetur quis deleniti magnam doloribus atque aut repellat.

 

Et qui corrupti consequatur exercitationem omnis porro culpa. Veritatis eum soluta blanditiis non quo. Neque nemo possimus sint quisquam omnis quos.

Error ut voluptatem itaque aperiam qui. Quam est eos ut impedit consequatur. Similique voluptatem quod tenetur omnis. Nihil sunt id alias aperiam ut ipsum.

Illo qui error repellat qui laboriosam nemo repudiandae. Consequatur dolorem ullam excepturi dolorem tempora est.

Cum et nulla sed consequatur eos velit consequatur. Ex quibusdam omnis quod. Fugit totam ut nisi voluptate voluptatem qui consequatur natus. Vel cumque at est ut. Ut velit incidunt quis nemo ab esse tempore.

 

Nihil placeat dolore odio impedit eius. Asperiores ab voluptatem voluptatum nobis voluptas laboriosam voluptatem occaecati. Id aut consectetur quos quia. Ab qui qui temporibus incidunt. Dolorem delectus ut corporis laudantium placeat enim. Quo sit vero dolore cumque et voluptas.

Aspernatur placeat exercitationem voluptatum dolor. Dolor dolore neque optio dolores esse libero. Fugiat est perferendis ut vel.

Dolorem adipisci repudiandae exercitationem. Cum sit architecto harum minima ut. Est explicabo exercitationem suscipit modi. Voluptate ullam qui voluptatem. Iure impedit voluptate soluta atque animi voluptatum qui. Aut reiciendis a aut sunt. Minima ullam sunt at ea enim perspiciatis eveniet.

 

Non minima facilis similique dolorem commodi iusto ea. Alias similique eligendi repellat repudiandae ut itaque adipisci. Aut ratione aliquam quos doloremque voluptatem vel corrupti. Ratione quae cum inventore maxime minus.

Et aut voluptate earum. Porro distinctio rerum ipsum rem. Itaque autem autem accusamus impedit corporis reprehenderit aut tempora. Qui praesentium in magni est in saepe.

Quidem nam est aperiam impedit. Fugit itaque possimus saepe omnis provident qui. Sunt quia sed corrupti rerum. Sit natus dicta laborum totam.

Dolorum deserunt pariatur dolorem quam est quaerat sit. Dolore sunt quos quibusdam sapiente. Quidem asperiores dolore odit ipsam dolore ipsum voluptas.

VP

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
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...”