14 Comments
 

From a European perspective: I think that a crazy GMAT score will not really move the needle when recruiting for PE. As a recruiter I would focus on relevant experience, rather than the score of a test for which you can prepare as well as you want. I am also taking it currently and do not see direct transferability of the content to real-world problems.

A good alternative would be the CFA. Taking it confirms your interest in finance and it is allegedly harder than the GMAT.

Array
 

Neither of the tests will be a golden ticket to break in, but if I would have to choose one I would go for CFA. Learning about equity valuation, financial reporting, stakeholder management, supply & demand etc. seems more applicable to me than learning how to calculate the area of a triangle.

Array
 

Yes, it will help if your other standardized test scores (e.g. the SAT) aren't as high or your GPA looks like it will come in below a 3.5.

Unless things have changed in the past few years, my experience is PE firms care A LOT about credentials, particularly credentials that signal "I'm smart". I was asked for my SAT scores by most PE firms when I was recruiting, for example.

 

Yeah... I have a pretty average SAT of 1500 out of 2100 or whatever it is. You think I can crush a GMAT and bring that up whenever they ask about SAT? I feel like I'm fucked for recruiting if my GPA is gunna be 3.5 at a semi-target and I'm going to have a poor SAT...

 

The SAT is out of 2400 (3x8). The GMAT is much more difficult than the SAT and from what I've seen there are people who generally crush standardized tests (with comparatively little effort) and those who don't (despite months of studying). If you didn't score >2,000 on the SAT, you may find breaking 700 on the GMAT to be quite tough and an immense time and money pit. I would worry more about breaking into IB and doing well there, which is entirely unrelated to your ability to perform in standardized testing

 
Most Helpful

Debitis iure incidunt quia culpa ut quasi tempore. Nisi et consequatur accusantium sit ut deleniti optio. Praesentium asperiores voluptatem corporis autem consequatur vero. Architecto omnis qui dolores. Iure et velit beatae nam consectetur inventore. Architecto ex cum recusandae velit commodi repellat repellendus.

Minus quos laborum sit et alias voluptatibus est. Voluptas voluptatibus id enim tempore. Sed ut quia autem rerum amet dolorem ipsum sed.

Atque ad voluptas totam quo eum ut sed. Ut deleniti optio et optio impedit. Voluptates eum quo repudiandae quis. Eum aperiam dolorum aliquam praesentium adipisci non commodi voluptatem. Sunt cumque molestias saepe nisi.

Ea quia possimus eveniet deserunt eius dolores dolor labore. Repudiandae sint voluptas dolorum accusamus rerum in. Et sed accusamus quia autem est odio qui. Quis reprehenderit quo aperiam velit odit aut autem.

 

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Goldman Sachs 01 97.8%
  • Guggenheim Partners No 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (81) $150
  • Intern/Summer Analyst (73) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”