Super Low GPA but rlly good experience

For context, i go to a semi target that places above its weight in IB (smu/tulane/w&l/wake). I am a rising sophmore and my gpa is a flat 3.0. This summer I am interning at a MM IB in my hometown that is well respected regionally. When I go back to school Im gonna grind my ass off (i just fucked around freshman year) and i think i can get a minimum 3.7. 


Does anyone have any advice for me? I'm assuming I just need to network my ass off for even first round interviews but please let me know any next moves.


Is IB even still an option for me?

 

many banks have a hard cutoff at 3.5 just to apply. if you can get at least a 3.65+ and network as hard as possible then you might have a shot. good luck!

 

Don't stress, my friend. The GPA cutoff is only a cutoff if you choose to fill in that section on the application. 

I come from a super non-target with a cumulative 3.29 and an English major. Landed a respectable junior summer NYC IB internship. Didn't bother filling out the gpa section and no questions were asked throughout the interview process. Over and out mate. 

 

Depends on the bank but for the most part yes banks recruit second semester of sophomore year with the process going until the end of first semester junior year. Definitely have a 3.5+ by second semester soph or else you’ll just get automatically filtered out regardless of resume or networking. Some banks like DB have second waves in the fall of junior year so ensure ur gpa doesn’t fall during recruitment as well 

 

Agree with the rest of this, but the reality is that the candidate pool is already too crowded and people reviewing resumes are looking for reasons to remove you rather than keep you.

I think not including your GPA is definitely the move unless it’s a 3.5. My group, for whatever reason, is a bunch of GPA hardos and only accept kids with 3.8+ or engineering 3.5+.

It’s super competitive right now so just keep that in mind, your experience sounds fine but realistically it’s nothing out of the ordinary. Just try to network hard, especially through your alumni network, and hope that carries you past the initial screen.

 

Analyst 1 in IB-M&A:

Will I get removed for not including GPA or how does that work?

At some places for sure but it’s better than not making it through the screen everywhere else.

Someone below made a very strong point, your only job in school is to do well. If I have go through 500+ resumes for 1-2 spots and need to lower that number to 15-20 for interviews, why wouldn’t I auto reject someone who is either stupid or doesn’t care enough to do well?

I think your best bet is to not include anything about your GPA.

 

some banks this will be a deal breaker but some you will be able to get through whole process without submitting a gpa. definitely a bummer to lose out on most BB/EB options but not the end of the world

 
Most Helpful

LOL dude what insight is a former intern likely to have after 10 weeks of formatting? Many (most?) first year analysts are still completely useless after 9 months.  I view GPA as a reasonably objective proxy for the ability to focus and meet deadlines. Stuff you need as an analyst.

This is a personal view. Someday you can go to bat for all the kids with 3.0s if you like.      

 

Accusantium officia a perferendis et. Et debitis deleniti ipsa neque eveniet. Asperiores cum nostrum rerum rerum est. Occaecati consectetur aperiam dolorem omnis laudantium repudiandae nam aliquid.

Illo rem adipisci voluptatem quis tempore. Animi natus qui nulla molestiae quia consequatur ipsam. Distinctio corporis deserunt ea inventore suscipit. Cumque non vitae ut dolorem quis pariatur. Nihil reiciendis et eius et laborum corrupti aperiam.

Sint eligendi culpa voluptas necessitatibus quo quisquam. Natus dignissimos aliquam sequi modi sed voluptatem. Perspiciatis quia necessitatibus excepturi est sapiente ullam nostrum.

Maiores suscipit quia laborum quis. Quaerat vitae voluptatibus et nam aspernatur excepturi deleniti praesentium. Sit commodi inventore quidem vel rerum sunt voluptatum pariatur.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.9%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 04 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • 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 (21) $373
  • 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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
10
numi's picture
numi
98.8
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...”