Low GPA (really low);Screwed for full-time accelerated recruiting?

Applications literally just opened and I am freaking out. Well, I am currently a senior at a non-target in NYC. For personal reasons my GPA withstands a mere (2.2+). I managed to have three internships at my belt all being front-office finance positions during college, but the ship sank during my senior year. By the slight of a miracle, I was able to able obtain one stint at a M&A regional boutique this summer. (Don't even ask how, they were in need of summer analysts and I was literally first in line 5 minutes after the posting opened and no one applied for weeks after May which became immediate hire) So far, that particular boutique wont hire any inters for full-time. I sent emails over the summer but I only had one person telling me that I should just apply online (did not want to meet in person). My question to you guys is....

  1. Should I just keep networking, then apply to all banks?
  2. Pull the long shot of just applying to all the banks early (including MMB) and hoping for the best in time for graduation next year?

Thanks for reading!

13 Comments
 
Best Response

Trust me when I say, applying with that low of a GPA on your resume (regardless of the reason) or none and hoping for the best is simply not going to work. You need to get out there and grind your way to a job. Since you have some experience I would leverage those networks to try and get your foot in the door wherever you can. Introductions, meetings, phone calls, emails.. literally everything you can do to get some face time to give them reasons not to simply write you off and move to the next resume in line. So I guess I'm saying, you'll end up doing all of the above with the exception of hoping for anything by applying in blind.

 

Did they already or will the boutique bank give you a ft offer? If so, I don't really see what the problem is. There's nothing wrong with boutique IBD. If your cumulative is 2.2 then BB is going to be damn near impossible for IBD. Just try to network as much as possible and maintain good contact with your previous employers.

 

Get a list of boutiques in the city you want to work and cold call and email constantly and follow up on those contacts. Network as much as possible and make sure you know your shit. I have a crappy gpa and have landed quite a few interview and gotten to 2nd 3rd and 4th rounds just pounding the pavement

 

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