IB Prospects with Academic Misconduct ON TRANSCRIPT? Help ahhhhhhh

So, I messed up. Some background, I'm a current sophomore. I had a BB IB internship this summer (online now). I have a semi-solid finance network. I've got an ok GPA, 3.6-3.7

I cheated on a test, got caught. I went through the process, guess the COVID situation didn't change their lack of sympathy. I had some extenuating circumstances, they didn't care. The hearing outcome is both that I fail the class (harsh) and that on my TRANSCRIPT it says I failed the class because of violating the academic code.

I know this situation is bad. My mindset's gone from gunning for top-level IB or the like next summer to "I don't know what the fuck I'm going to do oh god." I messed up, this wasn't a good semester for me. But this shit is competitive as hell, I know. And this seems like an easy way to get auto-dinged from the best places at least.

My hope is that I can get an offer from my BB IB internship this summer, which isn't unlikely. I work my ass off the next two years of college. I don't have a goddamn clue what else though, or if even this is unrealistic.

Please be frank, but give me advice.

 
Most Helpful

You already have the internship, you're fine.. Only when it comes up, you can tell HR that the professor thought you were cheating and that it was your word against theirs.

During your internship focus on developing a reputation for integrity, and then you can use that to your advantage when discussing this matter with HR.

ONLY BRING THIS UP WHEN ASKED.

In the future, if you plan on cheating, do it right. Think it through, weigh the pros and cons and what you might have to do in order to deal with the cons.

 

HR doesn't look at transcripts for return offers. It may come up during onboarding for FT, but may not - in that scenario I agree with the above. Bring up only when asked and say exactly that, it was your word against theirs.

This isn't a life ending mistake, take a deep breath

Array
 

worst you can do is be FT at the bank you’re interning at.

the only time your transcript would come up is for FT onboarding background check. and even then Kroll may just confirm if you graduated and your GPA. they have to ask permission cuz of FERPA for transcripts but maybe you have to sign that right away I forgot. regardless I’m not sure they even go class by class looking at your grades. I doubt it would result in you getting your FT offer rescinded upon onboarding though, especially if you intern for 2 summers at the same bank.

this will come up again during MBA stuff if you do the 2+2 path but it will have been 6 years since the incident. you have to think about how to play it cuz you can’t say he said/she said and show remorse or you’ve grown etc. I’m not sure if it was just a he said /she said case but it seems like fucking up a kids life with no hard evidence. (again I’m assuming you’re not innocent as you said).

 

My bank didn't ask for a transcript during the application process, only during onboarding (which was about 2 months before start date and ~10 months after I accepted the job). I don't know what would happen if they saw an issue with the transcript, but you could absolutely accept a job without them seeing a transcript depending on the bank.

 

it’s been a long time for me so I’m hazy but I recall having to send across transcripts along with my application for OCR for junior SA recruiting. not sure if it was for all the banks or not. maybe it’s changed but I’m sure your target school OCR will give you the answers if you ask. it’s safest to stick with your current internship because who knows what the background check for onboarding will come back with before your second new internship (junior year). it’s a risk in my mind but others on here may know better.

 

Rerum veritatis ducimus molestias quia odio ipsam. Est corporis non perspiciatis alias molestiae et magni ipsam. In esse exercitationem et reprehenderit cum dolores. Et quidem sed quae itaque at.

Consequatur quidem blanditiis aut non. Ut quod et qui distinctio atque facilis. Fugit aut eius quia voluptas et. Odio sunt aut temporibus iusto non dolor. Excepturi voluptas est minus sunt eos exercitationem.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (89) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.8
10
Jamoldo's picture
Jamoldo
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...”