Bad grades due to traumatic incident.... what is my chance in finance?
I got a 1:1 in my second year of college, that's a 78% grade. Unfortunately I suffered a severe form of trauma in my third year of college (documented by the police, etc.. . ) and I began to spiral in a 2 - 3 year long extreme mental crisis which I am currently recovering out of. Long story short, my college gave me an unclassified degree due to poor grades. Here is the grade system in the UK
1:1
2:1
2:2
2:3
Unclassified
Fail.
A 2:1 is a minimum requirement to work at most major companies. I have ADHD as well. I used to be the president of the Investment and Trading Society etc.. at my college as I was very into investing and finance and so I formed that society. I have decent extra-curriculars, with myself playing on the football team.
With a 78% in my second year of college and great mental health, I was on the right track and I wanted to become an investment banker. Since then I've changed to the point where I want to be an asset manager. But now that I've received my degree results, I think it's gonna be pretty hard to convince anyone to give me a job. I just wanted to know if asset managers give grounds for compassion and extenuating circumstances?
What do you think? Do I still have a shot at asset management?
If not, then should I go for audit. At last then, I can get into TAS then investment banking later on. Or would investment bankers discriminate against me for grades in 4 - 6 years time? I guess the question is, do I even have a shot at audit?
Absolutely apply this recruiting cycle, and if you have no luck you know your answer. Very sorry to hear about your incident.
Unpopular answer but if you have decent a-levels I would apply to undertake a second degree, you’ll be fast tracked to second year and you’ll be able to get a 1:1/2:1 as you did in second year. As you said most firms require a 2:1 and even firms which changed policy such as PwC still require a 2:2.
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