Im on a BB career website looking at SA roles now and for Back office positions, the min. GPA is a 3.5
For positions such as IB or Investment Management, the Min. GPA is a 3.2
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Is it easier to get an A at Wharton or at Penn State?
Also, all the BB IBD openings I've seen are 3.5 cutoff.
lol
It's probably harder to get the A at Penn state to be honest, where were you going with that?
I agree
If you took the an average kid and put him into a finance class and Penn State and the equivalent class at Wharton, you really think that he'd get a better grade at Wharton?
I think you'd be pretty surprised...
They did a study that found that private schools had far more grade inflation than public schools
Yes, but students are retarded at a non-target. You need to compare what people accomplish to get an A, not how many get one.
this is to some extent true at other target colleges, its just that that last number is like 35%. Still tough if you are completely out of your depth (i.e. taking accelerated Arabic for fun), but more manageable if you are casually interested. Which actually might be a good thing in a liberal arts university.
Nah, it's fairly easy to get As at Targets if you're not brain-dead. Most of the professors don't care at all, and tests are pretty easy to game. Essays might get graded harshly depending on the TA, but they tend to be fair. Unless you go to Princeton, a 3.5 at a top target isn't that amazing.
The official cut-off could be 1.5 for all it matters... when associates review your (uh, that is, our...) resumes, they have an unofficial cut-off in mind, usually a 3.5.
BB BOs get an outrageous amount of resumes. While FO positions at top BBs are recruiting about 10-15 target schools, while BO recruits from 50-60 schools that have much bigger student populations then the FO targets, the result is a pile of resumes, so with a 3.5 cutoff you cut down the amount of resumes you have to go through.
I went to a career fair at a large state university a few years back with my firm (BB) and got 200+ resumes out of which we could only interview 20 or so people.
this.
Wharton has exactly the same grade deflation policy as Princeton, and has had it for decades before Princeton's. Only difference is you can't major in things like english at Wharton and you are competing over the exact same courses for the vast majority of your career, so it really sucks.
The only good answer I can see here.
Are GPA requirements lower for BO/MO positions? (Originally Posted: 01/11/2012)
Well, are Middle Office GPA requirements to be considered for interviews lower than that for Front Office positions.
And let me get this straight, IF you get an interview, everybody is game right? I mean you could you potentially upstage a target kid with an higher GPA in an interview?
Who cares, the min may be 3.2. Most people will still have 3.5+.
For some reason, MO/BO positions have higher GPA requirements. JPM FO requires a 3.2 GPA JPM MO/BO requires a 3.5 GPA This is the case since an A at a state school is not the same as an A in Wharton.
Yes everyone is game when you get an interview since the GPA is what gets you the interview. However, it is ultimately up to the interviewer. They might be biased and prefer "target' students to non-target etc.
You have it backwards. FO is 3.5 or more.. MO/BO is usually above 3.0
.
GPA's don't matter as much when you Network, Network, Network. Anything above a 3.3 with solid networking should not be a huge problem. I didn't say it won't be hard, but with the right work you'll be ok.
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