What GPA is enough for blackstone? kkr? for junior summer
Trying to demistify what is really needed for these pe junior summer internship! if anyone could please give context that would be great
Trending Content - Investment Banking Forum
| +330 | Return Rates For Interns Are Falling? | 139 | 1h |
| +148 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 17 | 1h |
| +132 | Evercore > Goldman and I don’t think it’s particularly close anymore | 53 | 1h |
| +123 | I am a drunk MD AMA | 40 | 1d |
| +86 | UBS Offer Day | 30 | 17h |
| +66 | I hate Wells Fargo | 19 | 3h |
| +57 | An Outsider’s View of RX Banking Out of College | 6 | 6d |
| +51 | Santander IB? | 10 | 2d |
| +49 | No return offer - feeling like a failure is an understatement | 19 | 12h |
| +43 | WF Return offers | 28 | 1d |
Career Resources
If you're worried about GPA for a place like KKR/Bx, or "what is enough", then it's already over for you. Sorry, I can't explain it any better than that. Those that understand will understand.
GPA is not really the deciding factor here. I'd say 3.7+ is the bar to be competitive, but someone with a 4.0 is not automatically ahead - once you reach the minimum GPA it's about other things. Majority of their interns attend a target school (primarily Harvard/Wharton), are diversity, or have some amazing hook (founder of successful business, D1 athletics starter, etc). Also, a lot of their FT spots are held for people who interned there sophomore summer (often from the aforementioned target schools) who do a banking summer and then return to the PE shop for full-time.
There are 10 spots per firm so if you're not at a top target or a national standout, your chances are basically a rounding error. Of course apply but don't spend your whole sophomore year networking for that abysmal chance - you have better chances working your way into a top IB group that regularly places into MF PE
Thanks for the insights. Any info on return rate from SA stint for these MF PE?
SAs in these programs are hired with the intention of giving them a spot, so you have to mess up to not get one.
~80% is a good number to think about if you want one, but that is a lot of "we took 5 interns and 1 decided quickly they did not want the PE lifestyle and the no return was basically mutual"
I think KKR/BX are known to have slightly lower return rates but the sample sizes are so small that it's hard to say why. Again, similar to banking, if you do well + work hard there is a spot for you
Thanks! Starting my SA stint next summer and was very worried about the lower return rate, so I was a bit insecure and once even thought of going back to FT recruiting. That's a great mindset to have - work hard and stay humble.
4.2
I know a guy who did it. You don't have to be a "national standout" per se as the other commenter said, but you'd need a resume competitive enough for GS/MS but with an extra emphasis on strong networking skills.
Gpa is trivial. You need some serious networks and connections. And charm. And acumen. And aptitude.
Sed ea perferendis ea. Facilis aperiam porro est rerum maxime.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...