GPA cutoff for BB compared to MM
Is the GPA cutoff different for BB compared to MM IB? If so what is the difference. I understand for BB it is a 3.8.
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At a top MM (Blair/HL/etc) the application process is pretty comparable to BB application process- there really isn’t a big difference across requirements. You might get a few more non-targets at a MM, but they’re typically incredibly qualified in terms of GPA.
At a less well known MM (Lincoln, Cowen, etc), there definitely more wiggle room if people at the bank pull for you because the process is less structured. I would think you still want a 3.5+, but there’s probably a better chance if you’re below that if you have a great network
Thanks for your great response! When you say 3.5+ for lesser known MMs is that for targets or non-targets? Also would a 3.6 at a semi target be competitive for all MMs?
I firmly believe that
3.8+ no questions
3.7 gets no questions from any banks, but may get passed on
3.5-3.7 Wiggle room and higher likely hood of getting passed on
- 3.5 starts to get a little hairy below this.
Stating the obvious here, but the applicant's situation also makes a difference. There are specific characteristics that might move the goalposts a bit (I.e. target vs. non-target, athletes, prior experiences, diversity, network within bank)
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