11/17/12

Hey WSO,

Some users may recall older posts in which I talk about having a low GPA. I'm still doing internships and have delayed graduation yet again in an effort to find a job I'm comfortable with. I think (hope) I'll succeed, eventually, and with the help of WSO and my real-world connections.

However, one thing I've been considering is: how do I "fix" a low GPA out of undergrad? I'm from a non-target, which definitely doesn't help my situation. However, I'm at a stage where the circumstances that led to the low grades are no longer an issue.

- I can't do a MSF because my GPA is too low for an admit to any good programs (barring 800 on the GMAT, which I'm not counting on).

- I finished my undergrad program (120 credit hours), so I can't retake classes (nor do I have the money for it considering I'd have to retake a lot of them).

- I've considered a second bachelors degree from a NYC school: cheap enough to afford and finish in 1 year, but would only fulfill the express purpose of getting a good GPA. Baruch isn't exactly prestigious.

- Go to a lower-ranked MSF (or eventaully MBA). I don't like this option.

- Save a small country and win a Nobel Prize to offset the GPA. For some reason, I'm not confident I can do this (uplifting commentary is welcome).

Thus far, the second degree from a similar non-target seems to be the best option. I'm aware that it will only correct a grade deficiency (and even then, transcripts reveal all), but the number seems to be that important in applying for jobs in finance. If I can finish it within my 2-3 years as whatever I start out as, why not?

As well, I read of a member here who took a good number of MS courses at NYU (almost 10, IIRC) and got a 4.0 as an independent student. He used this to offset his 2.7 and get into a top-10 business school. This may be a consideration, but I don't have nearly enough money to do that right now.

Any advice?

Thanks for the help everyone, it has really helped throughout my (fledgling) career.

Comments (15)

11/12/12

You don't have enough money yet are looking to get another bachelors. That makes no sense. What gaurantees do you have that you will get a job you like when you get the other degree? None at all. Get a non-IB job and look to lateral or get a Masters once you can afford. Not every single IB/S&T etc. person is from a top Masters/MBA etc. I dont know why you assume this. Consider going through a staffing firm to break in and do a BO/MO role. In my opinion, you are going about it entirely the wrong way, accept your GPA and do what you can with it.

Frank Sinatra - "Alcohol may be man's worst enemy, but the bible says love your enemy."

Accepted.com In reply to yeahright
11/12/12

yeahright:
You don't have enough money yet are looking to get another bachelors. That makes no sense. What gaurantees do you have that you will get a job you like when you get the other degree? None at all. Get a non-IB job and look to lateral or get a Masters once you can afford. Not every single IB/S&T etc. person is from a top Masters/MBA etc. I dont know why you assume this. Consider going through a staffing firm to break in and do a BO/MO role. In my opinion, you are going about it entirely the wrong way, accept your GPA and do what you can with it.

I never said I needed a job in IBD, I'm asking what the most effective way to neutralize that bomb on my resume is.

"Accepting" it is not something I'm willing to work with given that I'm young, don't have serious obligations like family or debt, and can work harder than I will be able to in the future.

Equities are for chumps.

11/12/12

Tough to neutralize it right now. For MBA admissions you build an alternative transcript at a school like UCLA Extension, etc.

MM IB -> Corporate Development

11/12/12

http://mfe.berkeley.edu/academics/preprogram.html would be a cheap option at this point, and I know it will be looked upon favourably if you wish to apply to MFEs.

The extension programs or a second degree would both also be great options.

11/12/12

G.M.Trevelyan:
Whoever extends their education due to their gpa is absolutely pathetic in my mind. Your GPA sucks... who cares? It limits your options, sure, but get the fuck out of school and start doing something useful.

You obviously didn't read the post. Or your comprehension isn't very well-developed.

Equities are for chumps.

11/12/12

I would say just find a job, any job. Once you've worked for a year or so. Your GPA doesn't really come up when interviewing after that time. At least for me.

Network your face off, and keep looking to get better at that. Follow peoples advice, Stay positive.

Fear is the greatest motivator. Motivation is what it takes to find profit.

11/12/12

How low is low? A 2.8 would probably paired with a strong >700 GMAT get you into a tier 2 MSF, Rochester has a 10% of 2.8

11/12/12

G.M.Trevelyan:

Whoever extends their education due to their gpa is absolutely pathetic in my mind. Your GPA sucks... who cares? It limits your options, sure, but get the fuck out of school and start doing something useful.

You clearly visit this forum to talk down to other users. Grow up.

11/12/12

What is your GPA and GMAT score. Do you have any relevant internships or work experience.

Give me these three and Ill tell you which programs you are competitive for.

IMO, most people underestimate their MSF chances.

11/12/12

Going off the idea of a strong GMAT/weak GPA, let's say a 2.7, 730 a list like this might work:
Reach: Texas, Tulane, Vandy, Villanova
50-50: Illinois, Ohio State, Maryland, Rochester, Syracuse
Safety: American, Brandeis, Florida State, Wake Forest (MA in management, not an MSF)

Obviously you'll need to cut this list down to a more manageable number, but it's somewhere to start.

In reply to TNA
11/12/12

TNA:
What is your GPA and GMAT score. Do you have any relevant internships or work experience.

Give me these three and Ill tell you which programs you are competitive for.

IMO, most people underestimate their MSF chances.

PM'ed. Thanks a lot for the help, TNA.

Equities are for chumps.

11/16/12

I don't know how to help with your case but I can totally relate to this. My GPA was not high at all, barely satisfactory but what helps is that I finished my undergrad in an astonishing time frame.

I'm feeling like a star, you can't stop my shine---Ridin' Solo

In reply to Kassad
11/17/12

FSC:
TNA:
What is your GPA and GMAT score. Do you have any relevant internships or work experience.

Give me these three and Ill tell you which programs you are competitive for.

IMO, most people underestimate their MSF chances.

PM'ed. Thanks a lot for the help, TNA.

it would be helpful if you would share this in the comments - after all its anon acc
id appreciate it very much, however, i understand if you dont want to do it

In reply to Kassad
11/17/12

FSC:
"Accepting" it is not something I'm willing to work with given that I'm young, don't have serious obligations like family or debt, and can work harder than I will be able to in the future.

Honestly, I think you are going about this whole situation in the wrong way. You are thinking about taking pointless extra classes or re-doing undergrad degree!?!? This is like getting denied by a girl and then coming back to her in an hour with a new shirt on. Really not trying to be an ass, but I don't think taking more classes simply to get a high GPA is a good use of valuable time.

You don't need to "accept" a bad job, but you might need to get an OK job in the right direction and suck up it for 6-months to a year. I actually did just that, and now I have a great job. Adding degree upon degree isn't going to add the sort of value that solid work experience will. In my opinion, a graduate degree is much more valuable when paired with previous field experience (and I think employers would agree).

Like some others have said, I'd recommend getting into the general area of where you want to be in 5 years. Then apply for other, more favorable, positions; you might even be hired in at a more senior position which probably isn't going to happen with MSF and no solid work experience!

11/17/12

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