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captainbhangra's picture

SAT scores?

right now i am at a community college in california. i took the SATs in high school and got a 1580 (out of 2400)... i know , but i also have a 28 on the ACT. Im hoping to transfer this year. Will investment banks ask for SAT scores? im trying to figure out if i should retake them. And if anyone has any other advice ill take that also !

thanks

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bearing's picture

No wasn't asked SAT scores

No wasn't asked SAT scores during any of my interviews and don't bother retaking the SATs.

Clueless Wanderer's picture

Some banks do ask.

Some banks do ask.

Hephaestus's picture

Almost ALL banks ask on

Almost ALL banks ask on thier applicatiosn. I think asking during interviews is pretty rare though.

philosophical monkey's picture

Yes, especially in a bad

Yes, especially in a bad market, banks will ask. It may be optional, but it's recommended (especially if you plan to apply for a scholarship, but those are generally for "diversity" candidates). If it's unusually high, put it on your resume. If not, leave it out. You only have to state one (either the SAT or the ACT), so don't worry about having to declare your lower score.

That said, if in all your wisdom you were to ever look into consulting with MBB, they would definitely ask.

jackofalltrades's picture

?

can you even retake SATs after you graduate high school?

mazer's picture

idiocracy

28 ACT? 1580 SAT? If you want to go into banking you at least need the aptitude to hit 30 and 2000...AT LEAST. my advice is to apply to accenture, i hear they recruit people of your calibur.

yesman's picture

matters more what school you

matters more what school you end up going to - some hedge funds are really picky about SATs (literally won't consider you if you're below 2250), but I haven't seen or heard of banks asking for them.

I'm years out of school and took the SAT when it was out of 1600. Score was good enough to get me into an Ivy, though not considerably high. I'm considering taking it again (there's no rule against it)....would be fishy though if somebody put 2 and 2 together and realized that my score should be out of 1600, not 2400.

....your focus right now should be on getting into the best school possible - career is a step after that

Clueless Wanderer's picture

Give Me A Break

mazer wrote:

28 ACT? 1580 SAT? If you want to go into banking you at least need the aptitude to hit 30 and 2000...AT LEAST. my advice is to apply to accenture, i hear they recruit people of your calibur.

Right, because a person who pursues a profession that requires addition, subtraction, multiplication, and division is really going to be hindered by a 28 on the ACT.

Please. A Sixth grader could be trained to do this shit

opt8's picture

Mazer comment was rude. In

Mazer comment was rude. In general, banks use SAT scores, GPA, and other data as qualifiers...with the goal to narrow down resumes into a manageable pile and finally onto an interview list. If you believe that an aspect of your application (experience, GPA, SAT, etc...) isn't competitive, there are other ways to get on the interview list- networking, international experience, previous internships, etc.

DiPietro's picture

I mean, with a 1580 on the

I mean, with a 1580 on the SAT youll probably be weeded out anyways, unless you do some serious work.

captainbhangra's picture

so should i retake either

so should i retake either test?

bigmonkey31's picture

you do go to a community

you do go to a community college so it is beneficial to do anything that will help your chances NOT getting weeded out of the large pile of applications.

people say that once you get the interview, it is all up to you, which is somewhat true.. but when it comes down to decision time, interviewers might say that they like you and all, but they may like someone else also. if your SAT is disclosed on your resume then they may use that to knock you.

CompBanker's picture

We always, always ask for

We always, always ask for SAT scores -- and always ask for an official record of them too. If you conveniently forgot them, that's too bad: You're going to have to go get them.

The choice to retake the exam is up to you -- do you feel you can improve significantly? If so, recognize that a score of 1580 / 2400 is pretty much a deal breaker.

~~~~~~~~~~~
CompBanker

nas2008's picture

Hey CompBanker, I have a

Hey CompBanker, I have a special situation, I go to Umich, and I just never had the chance to take SAT when I was in high school.

how do you guys deal with students that didn't the SAT or ACT?

bearing's picture

Your in college and you

Your in college and you never took the SAT or ACT?

Clueless Wanderer's picture

CompBanker, Why do you ask?

CompBanker,

Why do you ask?

I mean for 1) it was a test taken during the junior or senior year in high school and presumably the candidate is either a junior or senior in college 2) Investment Banking is not exactly rocket science...

Is it just for filtration purposes?

I always thought this was strange when I got asked back in SA interviewing days.