Work Experience - Offsetting lower gpa
How many years out of school does and working in banking does it take to offset a lower gpa. I had a 3.2 but still got a banking job. How much work experience will it take to offset the low gpa and still get in to a good school, like top 15-20.
from what i've read, i don't think you can really "offset" a low gpa with work experience. whatever you do, your gpa is gonna be there and it's going to be considered. but if you had to compensate with one thing, i'd say you have to really get a strong gmat score. this way, they will know you have the intellectual ability to handle the coursework, which might have been a concern with a 3.2 gpa (although, a 3.2 isn't that bad if your major is engineering or physics or something really technical).
work experience always helps though. the top bschools' average student has about 4-5 years of work experience.
i'm no expert on this, but this is pretty much what i've gathered from reading various forums like gmatclub and the vault business school board.
you can do it but its a lot harder
Given if one has a low GPA, clearly he/she is not getting into I-Banking (straight out of school at least). Most of the people in this case (from what I've heard) take the MBA -> Associate route.
However, in order to get into a good MBA program, what is the right kind of work experience. Middle office (...maybe....)??
Obviously a good GPA is very important but a bad one won't doom you for life. I have a friend who had less than 2.5 at SMU undergrad. A couple years after graduation he decided he wanted to turn his life around. He aced the GMAT, got into UVA, and now has tens of millions.
If you really want it, you can do it.
tens of millions? what did he do, get into insider trading?
Yeah how did you know?! Obviously if you don't get a 4.0 GPA then the only way to be successful in life is to lie, cheat, and steal!
Moron.
That comment you made about your friend is very inspiring. If there's a will there's a way. I'm a firm believer in that. What does he do now, or what did he do to make tens of millions? (The insider trading joke was humorous but a bit immature). How difficult was it for him to ace the G-MAT?
Hey guys, no need to insult one another -- you can just use me as your punching bag...I'm used to it from my 2 years in iBanking. Opinions will be expressed on here all the time that we don't agree on.
That comment you made about your friend is very inspiring. If there's a will there's a way. I'm a firm believer in that. What does he do now, or what did he do to make tens of millions? (The insider trading joke was humorous but a bit immature). How difficult was it for him to ace the G-MAT?
awesome theres still hope for me
The more work experience you have [assuming good work experience] the less GPA matters. HOWEVER GPA is still taken into consideration and can be boosted to by a high gmat score. Basically marks demonstrate intellectual capability and your ability to handle course work. but note this: a person with perfect GPA and GMAT and no work experience has less of a chance then a person with an ok GPA and GMAT but lots of good work experience. Thats kinda the beauty of BSchool admissions; theres soo many factors that come into play that if you do poorly in one, you can offset it by other things; its the whole total package. just my 2 cents ^^
OH but it is very true that low GPA right from undergrad is hard to get into IBanking. I was merely refering to BSchool.
Its not what you know, its who you know at times
I wouldn't worry too much about something like a 3.2, because even at top tier school like HBS, the avg GPA tends to be something like 3.5, 3.6... I mean it's a pretty respectable GPA and all but it's nothign like what you'll find at the top law schools or doctoral programs.
Don't sweat the GPA. Good work experience and gmat score will seal the deal for you
I have a 3.0 GPA from my bachelors which I took finished 5 years ago. I have a 705 gmat score but no banking work experience. honestly what do you guys think are my chances of getting into the top business schools like Wharton? Any comments will be appreciated
It's all about putting a good story together and telling "your" story. Schools do want a diverse classroom so bankers aren't the only ones with a good shot of getting in. People from non-profit, operations, marketing, consulting, etc will all get into school if they can articulate the story of why an MBA and why now.
Is 2 years of ibanking enough work experience for bschool?
Often a lot of Ibankers go that route...so I would say yes if you can back up with a good GMAT.
As long as you advertise yourself well, you might be able to get by without great background.
Would you guys say two years experience as an analyst at an ib is enough to get into top b-schools? (assuming grades, gmat, etc. are ok?)
Boss...did you get an answer to that question? I ask because I am in that position now.
bump
Low GPA in engineering, great work experience (Originally Posted: 01/04/2016)
I am currently a junior studying engineering at a top 10 university in the #1 program for my major. I have a 3.31 cumulative GPA. However, I was invited to attend certain MBB social events. Mainly because I networked and had a few ppl refer me. Now moving into the actual application time, how would having this low GPA affect me. I know there are kids in my major also applying to MBB with 3.5+ GPAs. I also have strong leadership(president position) and good work experience(worked at 2nd tier consulting firm after sophomore year). Any advice would be appreciated.
A 3.31 is not a 'low' GPA for an engineering major.
With regards to your competition, it seems like you've networked and become friendly with enough people to be invited to an event. If you can continue to do this and leverage your network, I'm sure you will have a good chance of getting an offer.
Post-undergrad offers are tough to get at MBB. I wouldn't go so far as QGKZ and say a "good chance", but certainly still very possible.
Network into an interview. This is key.
After that your performance in the interviews will really drive your chances of getting an offer, and your resume will matter less.
The GPA gets you to an interview. The interview gets you an offer.
Will my work experience shine over my low gpa at a non target? (Originally Posted: 02/28/2018)
I go to a non-target school in southeast and have a 3.3 GPA, I have experience running 3 service organizations on campus in addition to having retail banking and more recently boutique IB experience in m&a as a sophomore. Is it possible to still get an internship with a BB next with my extra curricular and work experience over shadowing my lower non target GPA
Hey,
Here's my opinion on it: If the service organizations are well known around the country, ie: Red Cross, Unicef etc..., then it will certainly look good on your resume. If they are smaller cultural orgs, with only one branch then it will make close no difference on your resume. Your best bet at this point is to retake as many classes as possible this summer (if you can redo 5 classes then do it) and try to bring your GPA up.
Your retail banking and Boutique IB internship will look very good on the resume, given that you are only a sophomore rn. I would really focus on your story - why IB, why this industry and all that jaaz and try to fit your exp from retail/IB gig and explain how they give you a really good background for IB SA.
Additionally, I would focus more on middle market-lower middle market investment banks and network quite heavily them. Obviously, also network with BBs but don't get your hopes too high - although it's possible to break in, you should still make sure to have a good backup - middle market-lower middle banks.
Hope this was helpful - coming from an extreme non-target student who broke into IB.
This is the only thing that matters on your resume now "more recently boutique IB experience in m&a as a sophomore"
Rising Senior w/ PE & IB Experience but Bad GPA (Originally Posted: 07/30/2014)
Hey homies, I did a massive overhaul of my resume over the past couple days per suggestions from guys at my bank and was hoping I could get some input from you. Thanks for your help!
Get rid of your GPA if you're unsure about it.
Two different MM PE firms?
You should elaborate more on your bullet points. You have top and bottom margin to play with to fit more detailed elaborations of your bullets as well as getting rid of relevant coursework if you want. Otherwise it looks pretty solid.
Thanks for your input. I've worked at 2 PE firms, and then the IB. Any thoughts on if I should list what I did on each deal? My coworkers thought it would be best to just list the deal and then go into it in an interview.
Any other input, anyone??
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