Importance of GPA for Asset Management?

I am currently a Junior at a new school (semi target/target) this year, and pursuing a career in the AM field. I already have a gig lined up for the summer at a pretty solid shop, but feel I may want to re-recruit or pivot into a different area of the field (private credit) after this internship. However, I am concerned that my grades this semester might inhibit my ability to get into a better role. I just transferred to a new school this year as an econ major, and am getting beaten up badly by some of the weed-out courses this semester. My cumulative college GPA will likely be just above a 3.5 after this semester, and my GPA at this institution will not be pretty (barely above a 3.0). How much will this hurt my chances of getting looks at some higher regarded firms? I think my GPA probably matters a little bit less since this isn't IB, but not sure to what degree. My new school's econ department is pretty notorious for grade deflation (average gpa is a 2.9), not to mention the curriculum feels like it has absolutely nothing to do with anything I will need in this career. I was able to get pretty far in the interview process with great firms this past fall, ultimately got dinged and waitlisted a few times, but this was before I even had a GPA at my new school. I also have lots of internship and other field experience for my age, and feel I'm pretty qualified for most roles in AM, GPA aside. Any insight on this would be greatly appreciated, and hopefully calm my nerves a bit before finals start :/

9 Comments
 

Also a Junior In Econ. I’ll pass on some advise I got from this forum. If they don’t ask for it don’t put it. If it gets brought up in an interview hit them with: “I was told to not put my GPA if it is sub 3.5”. They will probably then ask you if it’s over a 3.0, which you respond yes to regardless of if it’s true or not. I got a sophomore internship in AM by doing this. Not endorsing lying but sometimes the ends justify the means.

 

Unfortunately, no one I know is too concerned about investment clubs at school. However, if you have three solid internships, that could be a game changer if you say good things in the interview. Nonetheless, you should try to get your GPA up if possible. A 3.3 with good experience might work okay, a 2.7 will be tougher to talk your way out of.

 

Itaque sint voluptatem perferendis reiciendis voluptas sed ipsa. Mollitia eligendi animi dicta natus ut. Sed sunt nesciunt incidunt ex occaecati id facilis. Quod aspernatur similique sit in.

Sit enim excepturi ad quis incidunt autem. Facere et officiis architecto illum aliquam reprehenderit. Molestias mollitia nisi ab provident aut voluptatem fuga. Fugit cum accusamus omnis eligendi repudiandae incidunt sed.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”