Best Response
StryfeDSP:
Dubyah became President with a 2.0 GPA. After learning that I'm convinced anything is possible regardless of GPA as long as you can network/have connections.

http://www.youtube.com/embed/ARUz21X1JDk?rel=0

To address OP's prompt - it can happen, but it's a function of: (i) the strength of the rest of your profile? (it should be bulletproof), and (ii) internal support (i.e. contacts and/or networking).

So let's call a target school GPA of X the "baseline" in terms of getting an interview, meaning it is the lowest level where GPA won't be a disqualifying "problem." This would require you to also have great experience on your resume, but again GPA X is our variable for the lowest level which could reasonably get you into an interview, from a target school, without someone pulling or you.

The reality for Goldman is X is probably around a 3.5 for non-engineers (Goldman considers them differently), and for each marginal tenth of a point lower, you're going to want proportionately stronger support. If you've got a 3.4, hitting it off with an employee or two during a job far and staying in touch over a few months might be enough to push you into the realm of possibility. If you've got a 3.3, maybe you're looking at a more involved/intensive alumni networking effort, starting many months, or even a year+ in advance. Below that is where you start to need some more extraordinary help.. this might be the realm where a relative or a family friend is necessary.. this is followed by family member at Goldman (in which case you wouldn't be asking). Relative or family member who is a Goldman client is another level, with some overlap to the above.

Please note that none of this is hard-and-true or definitive, and I could be completely off mark with the GPA levels. But I do stand behind the gradient of the relative efficacy of various forms of networking/internal support.

Of course, the trump card is and will always be father-is-a-sell-side-client-CEO. That's how the 2.7s of the world find their way into banking.

"There are three ways to make a living in this business: be first, be smarter, or cheat."
 
StryfeDSP:
Dubyah became President with a 2.0 GPA. After learning that I'm convinced anything is possible regardless of GPA as long as you can network/have connections.
Yeah, but I'm willing to bet none of our parents are/were the President of the United States.
 

Ut sit qui iste odit maxime tempora rem. Dicta et ullam odio est aspernatur error sunt. Ducimus et nam maiores quos.

"There are three ways to make a living in this business: be first, be smarter, or cheat."

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”