Test Scores
Anyone have experience with banks requesting score reports for SAT/ACT? Wasn’t sure how common this was and heard mixed opinions on this.
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Career Resources
Based on the most helpful WSO content, banks do sometimes request SAT/ACT scores, but the practice varies. Some threads highlight that these scores are often used as a quick filter, especially for junior-level roles or when evaluating candidates from non-target schools. However, there’s also significant debate about their relevance, particularly for experienced professionals.
For example: - Some users argue that SAT/ACT scores are outdated and irrelevant, especially for candidates with years of work experience. - Others mention that certain firms, like Bain, have historically found correlations between ACT scores and performance, though this is not universally accepted. - A common sentiment is that while these scores might be requested, they are less critical than other factors like GPA, relevant experience, and technical skills.
If you’re applying to a bank and unsure, it’s best to be prepared to share your scores if requested, but don’t stress too much if they’re not stellar—other aspects of your application often carry more weight.
Sources: Is the SAT important? Wall Street Says Yes., ACT/SAT is more important than GPA, ACT/SAT is more important than GPA
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