Back to WSO after a "hiatus"

Some of the members who've been here longer probably remember me. Anyways, I just figured I'd stop in and tell everyone how things are going and why I'm not on here much.

I wish I could say I'm so busy at my top-tier internship that I don't have time for WSO, but that's not the case.

I didn't get an ibanking based internship and every single person I've tried networking with hasn't helped me whatsoever aside from some words of wisdom here and there (that I do appreciate). Coming from a non-target, with this market, fucking sucks. The fact that my GPA is currently a "paltry" 3.1 right now. I used to have a 3.5 (which is average at best for this occupation anyways) and semester by semester my GPA has fallen due to me hating my school more and more, losing faith, losing motivation and so forth...

I'm now taking a summer class that'll effectively boost my GPA back up to a 3.3 (fucking C+ in an elective) and if I do well in the other class I did poorly, back up to the "healthy" 3.5, but so what? That'll just put me back to where I was a year ago.

I do have a "cool" internship at a recording studio, and it is a lot more hands on, but has absolutely nothing to do with ibanking.

I haven't given up hope, but I have become very dulled to the prospect of making it in ibanking. Learned that genuine interest/desire doesn't mean shit and that because my parents and I are immigrants with no connections whatsoever I'm on my own and will be on my own until I make it or not.

I'm at a point where I feel so apathetic that even the thought of some MD giving a rats ass about a non-target ugrad is laughable.

Well, hopefully the people I've followed on WSO are doing better.

Cheers

18 Comments
 

banking is so overrated. I've realized this now, but the fact that you're working at a recording studio is pretty cool. Not everyone becomes a banker and the smart people succeed no matter where they go to college or what they do for the first few years. Who knows, you might become an incredibly successful music director and that pays way more than banking and you get to date really hot women and actually have fun with your work. Bankers would never be able to get the same benefits. so cheer up mate and try hard for what you really see yourself doing

 
Best Response

It ain't over until it's over, and you might enjoy being at a recording studio more.

That said, I have a serious question though as to how you can call your interest/desire "genuine" if your GPA is declining continuously bc of decreasing motivation and faith. Having both parents as immigrants is no excuse, i would say a huge chunk if not close to the majority of new analysts in banking have a similar background. Neither is having no connections(though it certainly helps). Despite what people will tell you, all the people who I know who did excellent in recruiting this year worked there without any help.

Maybe it really is a case of you just not being suited for school and back luck, etc. But quite honestly I've hated school since I was 8 years old and that hasn't stopped me from gritting my teeth and doing what's necessary to stay ahead. Just take some time to do some introspection at least.

 

I want to go into banking so badly because I'm genuinely (that word) interested in business. I keep up with all the magazines, blogs, etc. My aspiration is not an analyst but to eventually work for a buyside firm.

The studio is pretty cool bc I do get to record and produce, but it's a laid back place and I don't learn any real "skills".

The school issue, it's long and believe me when I say I've been screwed over. Not crap like "a teacher hates me" but actually screwed over. An adviser labeling me under dropout instead of internal transfer which led to me not getting housing which meant I didn't live with any friend and rented an absurdly overpriced apt near school and becoming ostracized throughout the year. I tried transferring and of course my school fucked it up, not to mention a few that I applied to making mistakes.

I also have ADD, been tested etc. I seriously cannot pay attention in some BS class that I know doesn't help me in any way (I'm a finance major, but the classes pertain to corp fin. and very little use to me). What did pertain to ibanking I already knew before the class through self learning (proves a genuine interest).

I don't know where to look or what to do. I've tried google, my alumni, facebook, etc. I have been fortunate to only speak to nice people but they all end with "nothing I can do" and I'd rather have 10 assholes say fuck off and one give me a shot rather than politely denied by all of them.

 

Well on classes, I don't know if this is too late to say it, but you can always not go.

I've never gone to class in college bc I always fall asleep within ten minutes and hate listening to the teacher. Just read the powerpoint slides or the book chapters consistently. I had a 3.6 Average until I stopped even bothering to cram for classes.

To get through life you're going to have to do things you cant stand.

 

^Thanks for the words, but that doesnt really change much. The fact that most of my classes can be passed from just reading powerpoints shows how much they care about actually learning.

The classes are just a small part of a larger, much bigger issue.

 

Seriously, get off the pity party. Your grades suck because you aren't motivated and you go to a non target because you (presumably) didn't try hard in high school and you want people to say "awwww... well he really wants to be an ibanker."

Guess what, genuine interest is overrated. A desire to do well in finance when you can't even handle easy college classes is extremely overrated. Being a smart, motivated undergrad with drive is not. Look critically at yourself with an outsider's perspective and see if your view changes.

here is what I read from your post.

1) you want to do banking because you want money, not because you enjoy business 2) you expect other people to do favors for you when you have nothing to offer them 3) you are a quitter

Here is some advice: let your actions speak louder than your words.

 

I appreciate the words. ideating: I know what the fuck ostracized means... when they start hanging out with you less and less and admit that bc i dont live with them that we stopped hanging out to the point where they don't hang with me, yes that's ostracized... (I also see what you're trying to insinuate...)

pity? what pity? Did i once ask? no. i frequently visited WSO and kept up to date with a few fellow members, hence the post.

No shit my grades ailing are my fault, but not every situation is the same.

Me wanting money? if i really only cared about money i'd have been selling coke to these over-privileged college bastards...

Pardon the agitation to the few truly helpful ones, but I'm not a quitter, beggar or expect shit from anyone. Never have, and never suggested i deserved it.

And who the fuck said I was quitting?

 
Banking on Investments

No shit my grades ailing are my fault, but not every situation is the same.

What the fuck is this nonsense? Don't try to take responsibility for yourself and then follow it with "but (insert another excuse here).

Banking on Investments Me wanting money? if i really only cared about money i'd have been selling coke to these over-privileged college bastards...

Over-privileged college bastards? Dude, maybe they were over-priviliged (as compared to you, of course - it's all relative), but I doubt they made as many excuses as you do. Drop the fucking "woah is me" bullshit and quit making excuses for all your shortcomings.

Sad thing is, you don't even realize you're doing it.

 

Coming from a non-target, you really need to impress people. Coming from a non-target with a 3.1 GPA you have to literally blow people away.

I don't think anyone is impressed or blown away by someone who consistently projects the blame of his/her own shortcomings on outside factors. The bottom line is, your fault or not, its your life and you will face the consequences so you need to hold yourself accountable.

WTF does being an immigrant have to do with anything? Having ADD? Not living on campus? WTF are you talking about, bro?

You're a Finance major and a class that pertain to corporate finance class is of no use to you? Are you retarded?

All these excuses are pretty pathetic. Grow some balls and take some ownership over your life... otherwise forget about banking, even Frank & Marty's Gospel Records will throw you out on your ass.

You're a joke. Get your act together, man. This attitude's going to get you nowhere fast. The people you're up against will smoke you without even breaking a sweat.

Aside from my harsh feedback (which is intended to have a positive impact on your currently shitty attitude), what if you go to the DR tomorrow and as it turns out your DR's brother in law is a MD at a top BB bank. You go in for an interview and you obviously have to explain your GPA... what will you say?

  • I had no social life, so I was despondent and unmotivated.
  • I have ADD and a very hard time concentrating on boring stuff for long periods of time.
 

simple solution here -- man up, stop worrying about your shortcomings, and instead focus on how you can improve upon them and make the most of your situation. evidently your motivation and attitude are your biggest deterrents at the moment

​* http://www.linkedin.com/in/numicareerconsulting
 

Coming from a non-target and having a low GPA... if you get an interview its because they're giving you the benefit of the doubt and they're assuming you have a plausible explanation that slaps them in the face with why you can get the job done, why your GPA is low and why you couldn't get into an Ivy. Your explanations just affirm that you can't handle boring/long/tedious work, you're not self-motivated, and you can't make the social sacrifices while keeping your mindset in check.

 

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