GPA needed?

from what I've seen

if you come from a target school 3.2-3.5 minimum, if not you'll want to have like 3.5+

then for 1st/2nd tier 3.0-3.2 from target, and 3.3+ from non target

i had 3.2 from yale in sociology at a top bulge. it should be noted that IB is the most hyped and mystified professions there is. people go crazy in college -o i gotta do this business frat, that investment club.... its all bullshit, just a bunch of college guys and gals speculating. once you get here youll figure it out.

when you guys were still in college, did you attend the informational sessions?

i couldn't go to any of them...

my school had a recruiting site, on which you would post ur resume, and the recruiters would then contact you. if you are not exceptional, 3.7+, it would be absolutely neccassry to attend thr sessions

The bank (UBS LA) I worked at all the analysts had 3.7+ or Engineering as their major.

The grades needed to interview were generally 3.5+ to get a first round, 3.7+ to have a realistic shot at the job unless you destroyed the interview.

3.7 or Above. Even if you have a 3.7 or above, you should still go to all these info sessions and network with them unless you have some BB experience on your resume.

"Even if you have a 3.7 or above, you should still go to all these info sessions and network with them"

Those info sessions are bullshit. They pack a bunch of tools into a room like sardines and all the guys from the firm are mauled by a thousand little asian pricks. Going to one of them and fighting your way through the crowd to squeeze in a few questions at some banker who won't remember you is not going to get you an interview.

"The grades needed to interview were generally 3.5+ to get a first round, 3.7+ to have a realistic shot at the job unless you destroyed the interview."

This guy admits that he was working at UBS LA at the time, which is one of the most selective groups in IB on the planet, so take his advice with a grain of salt.

Those info sessions are bullshit. They pack a bunch of tools into a room like sardines and all the guys from the firm are mauled by a thousand little asian pricks. Going to one of them and fighting your way through the crowd to squeeze in a few questions at some banker who won't remember you is not going to get you an interview.

this is exactly what i was thinking

i attended an informational session last spring and found it nearly impossible to speak with anyone

Zara, I don't know where you go to school. However, here unless someone knows your name, you are not getting interviews unless you have an almost perfect GPA, or top tier firm experience.

what school do you attend?

yeah, seriously... because here, a lot of people get first-rounds at all sorts of ibanks.

on the other hand, the picture the guy painted of the info session banker (in business casual, if not jeans) getting mauled by thousands of over-eager asians in suits (at a freaking info session) is spot on. aside from the free catered food and a handful of interesting things said during the presentation, thoes things are worthless.

totally pathetic to need such a high gpa for, basically, addition/subtraction work that you'll be doing.

its probably that high, because you can be whatever major and still do ibanking. And as some of you know...classes in sociology/literature etc are a joke compared to other majors.

I attend one of the three schools the orignial poster listed. (UMich, Berkeley, UVA)

if u come from an ivy u need 3.0+ at a bulge. i cant say where i work, b/c i used my real name, but it is a top bulge and my analyst class had 3.0+

many 3.2-3.5 ers a few had lower 3.0-3.19 some higher 3.51-3.7, nobody had 3.71+ its all in the resume book

oh and you do know you can change your username? I changed mine to a lil bit less obvious

How about for Engineer majors? T_T

According to the 2006 summer resume book I received at the beginning of my internship, I remember seeing two or three people with GPAs 3.5 or below. Most people had 3.5 or above. Many people had 3.7 or above.

I guess it depends on the bank.

Median GPA 3.5

1st quartile= 3.2

3rd quartile= 3.6

dan, what tier is your bank in? BB? or MM?

bb, but most entrants accodirng to this resume book are from ivy, mit,cal tech, berk, stanford

so if those gpas seem low, bear in mind they're from top schools

that these people get such an advantage based on their achievements from 5 years ago(junior year of high school)

not much, but some. just be a persistent SOB and that'll heighten your chances

Not much. 15-25 is pretty well represented, but I'm not sure I'm familiar enough with the 35-45 schools to know if we hire any from them.

location is probably important too. i.e. a top 50 school in NY/NJ area, will be more likely to get invited for an interview than someone from a top 50 school from Cali

Hi Mis Ind, Does your resume books contain any people from Canadian Universities as well? I'm assuming your working at BB or 2nd tier. Thanks so much! ^^ oh and do the resume's list Major GPA's as well? And finally, does any one know if IBanks understand that Canadian Universities rarely give out 4.0 and 3.7s when compared to other universites? Thanks again.

Mis Ind, you mention that you went to a non-target. Curious as to which one..

the s&t resumes i went through mostly showed 3.5+, but there were more from non-targets than expected. remember, most likely you will be given a chance to turn in a different resume for the book after you get hired. in my opinion, you need different presentation strategies at different stages (getting into the firm vs. getting onto a particular desk). some people, myself included, take off their gpa if they think it's not strong enough.

what was your gpa?

Flashbang, one of the many.

Good one.

um I was actually asking H2O

I believe you.

still wouldn't hurt to know your number. I mean was it really that low, or low by Dan's standards(3.2)

why are you obsessed with me?

so i got a 3.2, i went to yale, you go to a "semi target" fuck off man

I have a 3.0 and I go to a regular state school, oh no I guess I'm fucked, I hope they don't do drug tests.

they do drug test