Can you get en entry-level job at an investment banking firm (small or large) with a 3.0 GPA?

Hello,

I am a rising senior at top 50 liberal arts schools majoring in Economics. My GPA is a 3.0 unfortunately and I was just wondering how hard it will be to get an entry-level position at an investment banking firm. I am not interested in the tops firms-more small boutique firms.

Thanks

5 Comments
 
Best Response

Yes;

Most definitely. Top 50 means I'm willing to bet there is an alumni somewhere running a small IBD boutique or an analyst/associate somewhere.

Less than 3.0 just means you don't get the benefit of any OCR it doesn't knock you out of finance, just huge BBs and MMs and even that is 100% out of question.

Network, take a couple analysts or associates out to lunch/dinner, get to know them and make a connection. You'll get an in. I can guarantee if I'm hiring someone or even if I have sway and some kid comes and shows me he can do the work, he's willing to make an effort to make me like him and I like him, I'll probably choose him regardless of GPA, major or school.

"It is better to have a friendship based on business, than a business based on friendship." - Rockefeller. "Live fast, die hard. Leave a good looking body." - Navy SEAL
 

Thanks UTDFinanceGuy, I appreciate the quick response. I go to DePauw University in Greencastle, IN. What do you think the annual salary of an entry-level analyst with a boutique investment/private equity firm would be? I am really not looking for a huge salary, just a place where I can learn and bunch and grow.

 

You most likely can't be an Investment or PE analyst without doing banking first, unless you have some serious connections (in which case you wouldn't be posting here). And not going to sugarcoat it, getting into IB with a 3.0 from DePauw is going to be tough. I would search LinkedIn for alumni at small firms in non-major markets. Networking is probably your only shot, good luck.

 

Pariatur ut expedita ea in qui. Nihil nemo labore qui quia at.

Voluptatem corrupti qui esse. Dolores commodi laborum autem quis earum nihil expedita facere. Officiis qui autem dicta quia et consequatur voluptatem dolorem.

Rerum quas dignissimos autem est eligendi dolor. Atque et voluptates cum aspernatur ea ut vitae. Rerum cumque est dolorem officia tempora fuga consequatur omnis. Natus velit velit accusantium eos modi quisquam a. Eius incidunt reprehenderit distinctio dolor. Quis nemo dolorum voluptatum qui possimus magni.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”