Question for Ivey HBAs regarding grades
Hi I'm just wondering if anyone could elaborate on the question #1 from this thread from a LONG time ago: http://www wallstreetoasis com/forums/question-for-ivey-hba-students (had to remove periods after 'www' and before 'com' since I am a new user)
My question is exactly the same as question 1 from the above thread but, I don't really understand the responses given. So, as an Ivey student going into recruiting for SA positions, recruiters are ONLY going to look at your first semester Ivey grades? How is this even possible when you would be up against candidates from other US and Canadian schools who don't do Ivey's "2+2" system, in which case recruiters will be looking at their cumulative 3 year GPA? I just feel as though this places a ridiculous amount of weight on roughly 3 months of work and would be completely different from how recruiters would be evaluating candidates from other schools/programs. This seems like the equivalent of considering a 1st year business student for an SA position based off their 1st year, 1st semester grades (essentially it IS exactly equivalent). Can anyone shed any light on this? Thanks!
Side note: I'm aware that grades in themselves aren't going to get you the job. I'm just wondering how the hell companies/recruiters deal with the grades of Ivey students given the programs "2+2" structure.
Thanks again.
I am just in AEO1 stage, but I have talked to quite a few HBA1 already. If you are looking for Ibanking internship, the cut-off is around 83% average. Recruiters will mainly (especially for ibanking) look at your percentage in the first few months of Ivey before their interview.
Thats why it is so important to do well in the first 3 months of Ivey because after you secure your SA, you can just cruise through Ivey then nail the internship so you get a return offer. And trust me, even though recruiters know its only 3 months of evaluation, Ivey kids in Finance still fare much better than any other Canadian school(ie Queens, but if you are the top 5-10 candidate it doesn't matter. what matters is around top 10-40 ish) in terms of how many ppl do finance.
What's not to understand? If you made it into the HBA program that means you did well in your first 2 years of university, so there is no need to look at those grades.
The first 3 months of the HBA program are a more valid measure of your performance because the level of competition in that program is significantly higher than what you faced previously.
Because... I don't know if you go this school but, you're first 3 months represent absolutely nothing. Whatever jackass verbally masturbates the most in class or, gets lucky with good 48 and 24 hour report groups comes out on top. I don't know if recruiters are made fully aware of this but, it's a commonly accepted fact, even AMONG Ivey students. This is why I ask my question. The first 3 months of this program are in fact the least valid measure imaginable (I hope you honestly don't believe it's a "more valid measure"). So, I would assume they want to expand their sample set of grades and look at your previous 2 years? Anyways, this leads back to my point: does anyone know for a fact whether non-Ivey grades are examined or not?
Dude do you not read the comments? The guy above your post already said some firms do and some firms don't. Investment banking firms mostly look at the 3rd yr grades.
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