17 Comments
 

School has a lot to do with it. Obviously an ivy means more than a state.

I would say if all things were equal, for instance both kids got an undergrad in finance from yale, kid A had a 3.6 and kid B had a 4.0; however, kid A had applicable EC's (president of business fraternity, internships, etc.) and kid B had nothing other than his GPA, kid A would probably be hired.

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.
 

This is supposing you are competing against kids from lesser schools. You would be better of if you used your time preparing for the interview or trying to network vs telling yourself that your 3.4 is better than a kid from XYZ school. GPA involves 10 seconds of the interview. Move on to better yielding activities.

 
Anthony .This is supposing you are competing against kids from lesser schools. You would be better of if you used your time preparing for the interview or trying to network vs telling yourself that your 3.4 is better than a kid from XYZ school. GPA involves 10 seconds of the interview. Move on to better yielding activities.

+1. You are competing for interviews (at least OCR) against people from your school, so the theory that a lower Ivy GPA is better than a higher state school GPA just doesn't hold. As often mentioned here, on WSO, some schools are notorious for inflating grades (whether it's true or not) and if the person interviewing you feels that way, they will stick a mental discount on your resume/GPA.

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so." - Ronald Reagan
 
Best Response
analystforhireNo no no Nefarious. All wrong.

It follows this formula, which is similar to the one used to rank banks that was recently posted:

Real, Un-"Ivied" Free GPA Flow = ((annual tuition)^2+0.5 * grade convexity * change in GPA from t - T)(1/Real GPA)(1/Average Annual Salary of New Graduates)

I didn't have my TI-83 when I posted, so I was unable to run a proper calculation.

Taking a quick look at your calculations, I spotted a minor error in calculation for the un-ivied GPA. You multiplied grade convexity by change in GPA from t - T. You are suppose to add the sum of : (annual tuition)(grade convexity) to the change in GPA from t - T.

The correct formula should look like:

((annual tuition)^2+0.5 * grade convexity + change in GPA from t - T)(1/Real GPA)(1/Average Annual Salary of New Graduates)

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.
 

I think Anthony is right. Most recent grads get jobs from on-campus recruiting, campus career fairs or networking with alumni - so they're competing amongst people from the same school.

 

The whole grade argument gets tiresome. Once you make it to a superday no one is paying attention to your grades. Get relevant internships, network, know your shit and you will be fine.

I really feel bad for people who consume their lives over grades. In 3-4 years you will remove the GPA from your resume and be done with it. This is not to say you should settle for a 3.0 or something, but do a cost-benefit analysis.

When I was at Syracuse I was taking 18 credit hours and working full time (50+ hours a week). I remember a stats class that had certain levels you could achieve. Once you passed the first test you had a guaranteed C, the second a B and the final an A. You know what, I passed the first test and moved on to higher value targets. My GPA took a little hit, but I had finite time and resources so I allocated them the best I could.

Focus on higher ROI activities. Once you have a 3.5 or better GPA you need to worry about other things.

 
Anthony .I remember a stats class that had certain levels you could achieve. Once you passed the first test you had a guaranteed C, the second a B and the final an A.

I wish when I was in college more classes were offered like that. I was a bartender and bar manager when I was in school and worked about 60 hours a week.

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.
 

Agree completely with Anthony, as usual. Once your GPA passes the initial stink test, then no one gives two shits about it. I'd hazard to say also that even in tiebreak scenarios, where the office members are going back and forth between two candidates that they liked, GPA does not play a factor. By that time no one is looking at your resume (either in the garbage or under a salad on someone's desk) and everyone has forgotten your GPA. They're all just thinking about how you presented yourself during the interview. 3.5 is topping off territory for banking. Only if you want a top law school or med school do you need to press any further on grades.

 

Agree dude. I had an 8am calc class that I missed on of the tests because I was falling asleep driving to school. Pulled over in a gas station and slept right through the test. Told the professor what happened and got a zero. That was 25% of my grade. I managed a 100 on the other test and luckily passed with a C+.

GPA only tells so much about a person.

 
Anthony .GPA only tells so much about a person.

This. If work ethic and responsibility was averaged into gpa, I would have had a 6.0/4.0

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.
 

Yeah, totally agree. I have pay stubs with 90+ hour weeks making 1/10th of what a banker makes. Always chuckle when people ask me about work ethic. Oh well, gotta play by the rules of the game.

 
Anthony .Yeah, totally agree. I have pay stubs with 90+ hour weeks making 1/10th of what a banker makes. Always chuckle when people ask me about work ethic. Oh well, gotta play by the rules of the game.

Yeah, I feel the same way. It's interesting how some people don't acknowledge it though, as if it wouldn't be a good indicator of success going forward, which seems weird because you think it should be just the opposite for IB/PE?ect.

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so." - Ronald Reagan
 

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