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anon101's picture

fall intern or boost GPA

I am going to by a junior at a semi target. I have a 3.3 in Math/Econ. I am completing a internship at a hedge fund this summer, where I learned very little actual finance. Not sure as to whether I want s/t or ibd

Should I do a Fall internship at a small/unknown investment bank/PE/Hedge fund or should I boost my GPA to a 3.4

I know that 3.3 is very borderline, which is why i ask

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NooK's picture

Bank

If you can, try to shoot for both. It will be a challenge, but it will be worth it in the end. Personally, I'd go with the internship, I think it'll weigh much more than .1+ points on your GPA. The experience will be golden

anon101's picture

p.s.

doing both would be physically impossible as I would have to take extra classes to get to 3.4
and the internship would only be part time maybe 20hrs/week

NooK's picture

Internship!

anon101 wrote:

doing both would be physically impossible as I would have to take extra classes to get to 3.4
and the internship would only be part time maybe 20hrs/week

I would go with the internship. Having that experience, I think, outweighs .1+ points added to your GPA. 3.3 -> 3.4 isn't THAT significant

bearing's picture

Get as most relevant

Get as most relevant experience as you can since you need something to balance out that GPA

Alphaholic's picture

I Agree

I think experience is the best. That way, not only to you have something really solid on the old resume, you're also doing yourself a great favor: narrowing down what you like. Some might disagree...but I believe that's the most important part.

opt8's picture

As a junior, your

As a junior, your performance can still have a strong impact on your gpa...work hard and get it to a 3.5 for FT recruiting your senior year.

And yes, take the internship opportunity. Plus, you can do your hw in the commute. Cheers.

moundofdirt's picture

I second the notion. Getting

I second the notion. Getting as much relevant experience as possible is going to make you stand out more so than a higher GPA. Not sure what your ECs look like, but getting involved with more can never hurt.

cphbravo96's picture

Internship

the gpa boost seems much less significant. good luck

MessedUp's picture

I don't mean to hijack or

I don't mean to hijack or anything, but I'm also around a 3.3 right now. I plan on trying to bring it up and get an internship (I have 2 days off a week), so I was wondering what kind of financial places would accept someone with my low GPA?

Thanks

bearing's picture

What is your work experience

What is your work experience and did you have an internship the past summer? Also are you a senior or junior? If you’re a senior with a 3.3 and no work experience then you have to be realistic about your prospects. If you’re a junior I would work on bringing that up to a 3.5 by senior year and get some relevant experience.

anon101's picture

I am a Junior and and did a

I am a Junior and and did a summer internship at a hedge fund. no other substantial work experience aside from random min wage jobs to buy food and shit

Does my gpa matter after I get an internship offer though? From what I understand my GPA is basically meaningless for FT hiring in comparison to internship

I was just planning to boost it during fall semester before internship interviews

Would it be beneficial to bust myself to get it to 3.5 by end of entire academic year?

aachimp's picture

.

anon101 wrote:

Would it be beneficial to bust myself to get it to 3.5 by end of entire academic year?

do you really have to ask this question?