How often do Bankers have 4.0 GPAs
(Chimp, 3
Points)
on 8/4/06 at 5:15pm
How impressed are interviewers with a 4.0 GPA? I mean if a student has 5-6 internships/jobs before graduation, does that have equal or more value? Let say with a 3.7 - 3.8 GPA.
I think interviewers are
I think interviewers are very impressed with a 4.0 GPA. Especially IBanking jobs coming straight from undergrad --- GPA is all they have to go on. Of course if you are refering to enter BSchool, I think while a perfect GPA is extrememely impressive and attractive, there are also other factors that come into play. BSchool admissions look more for total package.
Thanks for the comments
Thanks for the comments
Disagree
A 4.0 with no work experience vs. a 3.8 with IBD internship gives the advantage to the second student. The fact that the 4.0 student did not bother to attempt to secure a summer internship speaks volumes about priorities. The 3.8 was probably juggling, at the very least, interviews and classes.
I would say a kid with a 3.3, great extra currics, an relevant IBD internships has a great shot at full time offers across the board. This is a generalization, but 4.0 students tend to lack the communication skills and oftentimes fail to establish rapport with interviewers the way a more rounded-out student can. But of course, once in a while you get a kid who has a 4.0, parties hard, and networks well.
Most ppl with 4.0's are
Most ppl with 4.0's are dorks, lol. But I will agree that once in a while you get someone with a 4.0 that has all of the above. Those are the ones that get almost every offer offer go to blackstone PE straight out of undergrad. I know two of them.
it's really playing the
it's really playing the expectations game. The advantage of having a 4.0 is that if you show social skills, it will help ALOT. If you are booooooring... go into research.
In my experience, it's the
In my experience, it's the 4.0 kids who can't handle being wrong or yelled at and are the first to break down.
Blackstone PE out of
Blackstone PE out of ugrad?
what school? Ivy?
one was at Harvard, the
one was at Harvard, the other at Warton
Wharton*
Wharton*
I hear Blackstone PE hours
I hear Blackstone PE hours are horrible. Would Carlyle or Bain Capital be better?
Don't expect good hours.
Don't expect good hours. You're never going to work 40 hour weeks in banking/PE/VC/HF.
"We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-
The 3.9-4.0 kids usually
The 3.9-4.0 kids usually don't go into I-banking, though most could get it if they wanted it. Either they're not prestige/money-obsessed, and so they travel for a year or try to get into the art world... or they are and go into law/med school and become doctors/lawyers. Or they are prestige-obsessed but see glory in ascetic poverty and go into (academic) grad school. 85+% of those get burned out of academia (a sinking ship that has uber-fucked a generation and a half with its collapsed job market) one way or another at varying stages of the process (some with degree, some with none; some, even, with postdocs). If they choose to enter business, it's rarely I-banking as they are underqualified for associate-level positions but overqualified (on account of their demonstrated intellectual ability, despite failure at achieving academic prominence) and further ineligible (too old) for analyst-level positions. A few of them make it into consulting, especially economics students. A few of them become quants. Some just take normal white-collar jobs that would have been available out-of-college. Many others end up getting no positions in any business and end up as bitter ex-academics, worthless to society despite their sterling GPAs, about which no one any longer cares.
I dunno, I know a few
I dunno, I know a few prestige/money hungry kids that are going into banking who have 4.0's and are insane. And by banking I mean he's doing PE for a 17B hedge fund. That's why you never hear from guys like him, he's pretty much on partner track. To be honest with you, I'm glad not many 4.0's go into banking... I'd be in trouble. lol
17B HF out of ugrad?
17B HF out of ugrad?
Some retarded comments
People with 4.0 are just like every else humans. Some are good communicators, some are not. Some are nerds, some are just very smart and work as a hard as a 3.7 kid.
4.0 cannot hurt you in banking given that you possess all the quality of a good communicator, chill personality, work experience, etc.
I know people who got in Lehman, ML, UBS with a 3.5/3.6 I also know people who are in with a 4.0.
"most 4.0 kids are just dorks." What the hell is that comment. Smart and driven people must be dorks?
Got to be able to answer those questions
Agree with Above
I have a somewhat related
fourkingsplus: The 3.9-4.0
Whoa it sounds like a frat in