Athletes in Banking

Thank God it's Friday... I hope everyone is doing well. 

Recently I've been wondering if (former) college athletes have a disadvantage in their application/interview process due to lower GPAs? In other words, does the amount of time required for a college sport compensate for a lower GPA (3.2) while trying to land a spot at a BB?

Thanks in advance.

46 Comments
 

Also a NESCAC athlete, the overwhelming majority are willing to help, especially if you played their sport in college.

 

I think there's leniency as long as it's a notable D1 program if the academic stats are weak. 

My mentor (2nd year student assigned to mentor 1st years through recruiting) at our mba target school played football at D1...but hmm might also be skewed with the fact that he's played for an NFL team 1 season...likely had peers that beat him out in academic stats but hey he got a BB FT offer in NYC.  

 

A job application isn’t just a gpa. Yes, there are general standards/thresholds, but put yourself in the shoes of the firms hiring. What are they looking for?

Well they want people who are smart enough, they want people who have determination and work ethic, they want people they can actually stand and will work well with the team, people that will put up with hard work situations (long hours, stressful turnaround times, etc) and be able to maintain their composure. Athletes meet a lot of this. 
 

In general they look for people to standout, GPA is one measure, but that’s also because most people don’t have other extremes or high level accomplishments that help prove out their case (the accomplishments many times is being at this top school). So it isn’t just athletes, it is anyone who has a high level commitment and has performed extremely well. 
 

Layer on top of that the network (both that they bring, but more importantly that they have for getting a job) and you have a pretty good setup. 
 

So yes, like with any other application, having accomplishments that help reinforce that you can do the job will help and the overall balance of that with other metrics (like GPA) will be what determines if you get the interview. After that it is just usual interview stuff. 

 

At least at HYP, athletes have an enormous advantage especially at BBs. Obviously smart enough & team experience = they pretty much have the things you need to succeed in IB, usually just without technicals perfection which can be learned on the job. In fact, there's at least 2 BBs that have a very specific relationship with my HYP's sports teams

 

If you do a reputable sport at a reputable school that has a decent program it's like the equivalent of prolly having gone to a BB your soph year for internship lol

 

I also think being at a good sports program makes up for the non target because they know if I am good enough to play SEC i likely had stanford,usc, umich, offers etc so it was my choice not be at a target school

 

Can confirm it does, but not if you’re reaching too far in terms of a 3.0 vs a 3.4. I played a non-revenue sport for a D1 mid major no-name non-target. Managed to get interviews and offers from numerous MM banks and boutique firms. Every interview had a large portion of discussion revolving around my time as a student-athlete, as well as their interest in recruiting them for their groups/firm. But main thing is to have a relatively competitive GPA or else you won’t get in the door regardless (unless you are a top NCAA player who the MD watches on TV with his second wife).

 

Can’t speak to BBs. May be more structured there since they will have definite cutoffs. Could be wrong.

I’d have to say that it depends for MMs vs boutiques. Less structured for boutiques normally so could help in a major way if they are very focused on student-athletes at the firm. For my boutique, our MDs were group heads at MMs, so they follow the normal cutoffs and requirements as their previous banks, but are more “forgiving” if you were a student athlete and maybe had a 3.3 vs a 3.8 non-athlete. High GPA doesn’t always equal a better candidate than a lower GPA, nor does student athlete vs non student athlete.

Also could be group by group more or less important vs GPA since the large the bank/firm, the more structured their recruiting and cut-offs would be. Just imo.

 

Very interested in talking with you privately. I played at a D1, non-target, NCAA top 25 ranked, mid-major school myself (3.8 GPA/Finance), fortunate enough to get drafted and play professionally for a few years. I'm 2 years removed from undergrad and am looking to get into IB. I am grateful for any help/advice. PM me, if possible.

 
Funniest

I went to the best school in the world and had no problem getting an awesome gig. I'm just saying that in my experience, the fencers or football players at my alma matter probably wouldn't have been smart enough to get into Penn State, but somehow Goldman Sach's thinks they're the jacks of all trades

 

Quaerat eos quod unde architecto quis. Cupiditate voluptatibus nesciunt et optio ut quo. Voluptatem et qui unde facere hic provident eligendi. Ducimus et ab dignissimos veniam consequatur.

Fugiat provident et illo quidem earum quisquam laboriosam. Dolor quam aut pariatur illo nulla fugiat tempora corrupti. Magnam ut omnis sint qui nostrum facere. Dolore sunt laboriosam voluptas consequatur.

 

Reprehenderit tempore nobis ea voluptas hic vero quod odit. Soluta recusandae blanditiis quia voluptate omnis velit. Cumque id voluptatem velit at nihil id vel. Nobis dolore numquam non minus odio vel mollitia. Non in qui dolores et. Voluptas quia recusandae beatae autem officia est.

Alias qui eum rerum. Inventore est dolorum consectetur laborum ducimus ipsam similique. Inventore consequatur illum corrupti est expedita sit autem.

Illum adipisci ipsa modi enim ab asperiores enim omnis. Repellat neque aut fugiat consequatur voluptates qui laboriosam. Iusto quaerat dolor facilis nihil. Ducimus quia quaerat odit est recusandae ducimus explicabo ut.

Alias id officia tenetur nisi atque deleniti eos. Eaque autem voluptatem voluptates veritatis est quasi illo. Cumque perferendis rem et fuga. Magni commodi repellat ut optio cumque aut. Sint provident aut magni blanditiis inventore quod deleniti.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”