Hey guys,
Since my last post didn't seem to attract many users, I have a very generalized question.
Is it normal for a recruiter to request an official transcript prior to first round interviews? I shouldn't even say first round, because it is only a phone interview. I'm already a little skeptical on the firms credentials, so sending an official transcript before I have even communicated with them seems a bit odd to me.
This is not at a BB.
Around 90% of the jobs I have applied for asked for unofficial transcript during the application process, but I've never had to submit official until the background check process so I'd say that's abnormal.
Maybe they want to extend offer quickly or something.
Sounds sketchy, I have never heard of APEX. If they want your transcripts they can pay for them from your school, otherwise they are just skimming your course list and using it to screen for the role and you are out the $15-$40.
GS is the only place I can think of offhand that may request them at the time of the application. Avoid this APEX if possible
do canadian banks check transcripts before interviews? (Originally Posted: 03/06/2008)
I've been reading around this forum and it seems that alot of the NY firms only check your resume and the cumulative gpa, and don't really check your individual marks and transcripts when selecting for interviews. Which is understandable due to the large amount of applicants. But how about for the big five canadian ibanks in Toronto?
I've had prior investment banking experience as a sophomore at a boutique firm but I received know interviews this summer (junior) at any of the big 5 through on campus recruitment. I've also interned part time at a hedge fund but I think the fact that I have a mediocore gpa and some c+'s in quantitative courses automatically dinged me right away. I'll be interning this summer at a slightly larger independent bank and really want to try again with the bigger ibanks for full time. Networking obviously is a must and I'll do that agressively this summer.
Any analysts in Toronto or students who have gone through the process want to comment..
They do. Transcripts were required for the initial screening, right? I'm sure they glance over them and the C+'s will stand out.
From what I understand, Canadian banks value marks more than those elsewhere. How do you define mediocre GPA? With your experience, I'd think a B+ could get you through.
I had a C+ that was not from first year and a 3.3, but still managed to get an interviews with 3 of the 5 big banks in Canada, but it was definitely a major focus in the interviews. I only made it to second round for one firm because they grilled me on why the C. I can also tell you that I was auto-dinged from the banks that I did not heavily network with. So doing your homework before the recruiting season does pay off.
By mediocore, I meant average or a cumulative gpa of around a B. They definately seem to care more about marks then in the states. ab123, so they excused the bad grades from first year?
I guess I have no choice but to start calling up department heads this summer. I realize that the gpa is an indicator of how hard you can work which is important for banking, but I would have thought that working 90 hours a week last summer would have been a sufficient indicator that I can work hard.
Yeah, they generally looked at my last 2 years, which on the whole were fairly good, except for the one C. I also found that the interviews were quite technical. They need to make sure you know your shit because the training programs are not as extensive as BB's in the US. I do not come from a finance or business background, but I was stilled grilled pretty hard on those questions.
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