Did I screw the pooch? 3.3 GPA at Target

Hi Monkeys,

I am currently a sophomore at a (somewhat) target university. Think Michigan/UVA/Georgetown. Made some poor choices during my first year and grades tanked as a result. I am looking at a 3.4/3.5 if I run the table. Only thing I have to show is that I am involved in two of the better investing clubs at my school and have an internship at my schools angel investment fund. 

Am I mostly screwed for MM banking? As applications for SA begin to open I am starting to rethink my chances of getting into banking. Is it worth it to continue networking for banking or should I try to focus on AM/ER as alternatives.

Can this be overcompensated for with networking? Or am I screwed.

 

8 Comments
 

Based on the most helpful WSO content, here's what you need to know:

  1. GPA Concerns:

    • A 3.3 GPA at a target school like Michigan, UVA, or Georgetown is not ideal but not a deal-breaker. Many users have shared similar concerns and have successfully navigated the recruiting process.
  2. Networking:

    • Networking is crucial. As highlighted in various threads, reaching out to alumni, attending networking events, and leveraging any connections you have can significantly improve your chances. Personalized emails and follow-ups are key.
  3. Extracurriculars and Internships:

    • Your involvement in investing clubs and the internship at your school's angel investment fund are strong points. Highlight these experiences in your resume and during interviews to showcase your interest and practical experience in finance.
  4. Alternative Paths:

    • If you feel uncertain about MM banking, consider exploring Asset Management (AM) or Equity Research (ER) as viable alternatives. These fields also value strong analytical skills and financial knowledge.
  5. Improving Your GPA:

    • Aim to improve your GPA to a 3.4/3.5 by the time applications open. This will make you more competitive and demonstrate your ability to handle academic challenges.
  6. Persistence:

    • Many users have emphasized the importance of persistence. Even if you face initial rejections, continue applying and networking. Opportunities can arise unexpectedly.

In summary, while a 3.3 GPA may pose some challenges, it is not insurmountable. Focus on improving your GPA, leveraging your extracurriculars, and networking extensively. Consider alternative paths like AM or ER if necessary, but don't give up on your banking aspirations just yet.

Sources: How screwed am I??, Am I Screwed? Feeling desperate in job search despite strong academic profile, Accounting major, can't seem to break into IB, Did my GPA screw up my application?, Took an Associate job at a tiny firm, how screwed am I?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
[Comment removed by mod team]
 

Know a guy who went to my uni (semi target) who went to a LMM IB junior summer and lateralled to an EB for FT. His gpa was less than a 3.4. How? He grinded. Do the best you can academically but always remember "control the controllable's". Prep as hard as possible for technicals. Network aggressively and well. This is the way

 

As a senior recruiting for FT, I suggest you add a major and graduate in 5 years. That GPA will be a significant handicap in screening processes and it wouldn’t hurt to get more experience under your belt. It may feel tough to not graduate with your friends, but you have to do what’s best for you.

 

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