Modern 2021 GPA Cut-Off

Is the GPA cut off in 2021 still 3.5+, especially with students being able to P/F classes etc to inflate their GPA? For anyone who has been on the recruiting side of things, how is a marginally better than 3.5 GPA viewed (still competent, etc)? 

Additionally, I know meeting the cut off is never enough, but if I were to not network would I still get looks anywhere? I am just curious how significantly disadvantaged I am, by just barely meeting the threshold. Comparisons between EB/BB/Top MMs are appreciated as well. 

Assume I am from a semi-target/low target.

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I’m not a recruiter but I doubt anyone will be able to give you a concrete answer, as GPA cut-offs vary wildly by bank and position. For example, a 3.3 from a target might be enough for MM IBD but is definitely not high enough for EB. If I had to put a number on it, I would say your returns start diminishing beyond 3.8 or so. At that point basically all doors are open to you as far as GPA goes and you should dedicate more time to networking or finance related clubs or something similar.

You’re coming from a semi-target, so with your GPA networking is super important. Banks are hurting for people right now, but that doesn’t mean they’re just taking anyone. The more networking you do the more you increase your odds of an offer. Like I said, I’m no expert, but if you network effectively, have some finance related clubs or extracurriculars on your resume, and keep your GPA around 3.5-3.6; you’ll likely land a few MM/BB offers. EB or straight to PE or something is much less likely though.

 

Hey I know you've said there is no concrete answer but in your opinion would a 3.8 from a non-target be okay? (Given Internship & ECs) 

 

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