SAT scores?
right now i am at a community college in california. i took the SATs in high school and got a 1580 (out of 2400)... i know , but i also have a 28 on the ACT. Im hoping to transfer this year. Will investment banks ask for SAT scores? im trying to figure out if i should retake them. And if anyone has any other advice ill take that also !
thanks
No wasn't asked SAT scores during any of my interviews and don't bother retaking the SATs.
Some banks do ask.
Almost ALL banks ask on thier applicatiosn. I think asking during interviews is pretty rare though.
Yes, especially in a bad market, banks will ask. It may be optional, but it's recommended (especially if you plan to apply for a scholarship, but those are generally for "diversity" candidates). If it's unusually high, put it on your resume. If not, leave it out. You only have to state one (either the SAT or the ACT), so don't worry about having to declare your lower score.
That said, if in all your wisdom you were to ever look into consulting with MBB, they would definitely ask.
can you even retake SATs after you graduate high school?
28 ACT? 1580 SAT? If you want to go into banking you at least need the aptitude to hit 30 and 2000...AT LEAST. my advice is to apply to Accenture, i hear they recruit people of your calibur.
Right, because a person who pursues a profession that requires addition, subtraction, multiplication, and division is really going to be hindered by a 28 on the ACT.
Please. A Sixth grader could be trained to do this shit
matters more what school you end up going to - some hedge funds are really picky about SATs (literally won't consider you if you're below 2250), but I haven't seen or heard of banks asking for them.
I'm years out of school and took the SAT when it was out of 1600. Score was good enough to get me into an Ivy, though not considerably high. I'm considering taking it again (there's no rule against it)....would be fishy though if somebody put 2 and 2 together and realized that my score should be out of 1600, not 2400.
....your focus right now should be on getting into the best school possible - career is a step after that
Mazer comment was rude. In general, banks use SAT scores, GPA, and other data as qualifiers...with the goal to narrow down resumes into a manageable pile and finally onto an interview list. If you believe that an aspect of your application (experience, GPA, SAT, etc...) isn't competitive, there are other ways to get on the interview list- networking, international experience, previous internships, etc.
I mean, with a 1580 on the SAT youll probably be weeded out anyways, unless you do some serious work.
so should i retake either test?
you do go to a community college so it is beneficial to do anything that will help your chances NOT getting weeded out of the large pile of applications.
people say that once you get the interview, it is all up to you, which is somewhat true.. but when it comes down to decision time, interviewers might say that they like you and all, but they may like someone else also. if your SAT is disclosed on your resume then they may use that to knock you.
We always, always ask for SAT scores -- and always ask for an official record of them too. If you conveniently forgot them, that's too bad: You're going to have to go get them.
The choice to retake the exam is up to you -- do you feel you can improve significantly? If so, recognize that a score of 1580 / 2400 is pretty much a deal breaker.
~~~~~~~~~~~ CompBanker
Hey CompBanker, I have a special situation, I go to Umich, and I just never had the chance to take SAT when I was in high school.
how do you guys deal with students that didn't the SAT or ACT?
Your in college and you never took the SAT or ACT?
CompBanker,
Why do you ask?
I mean for 1) it was a test taken during the junior or senior year in high school and presumably the candidate is either a junior or senior in college 2) Investment Banking is not exactly rocket science...
Is it just for filtration purposes?
I always thought this was strange when I got asked back in SA interviewing days.
SAT score (Originally Posted: 08/18/2017)
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That's fairly close to a perfect score, so definitely won't "hold you back" in terms of IB. As for retaking it, I see no harm in it, especially if you know/feel you can do better on the CRW.
Obviously you want the best score possible going into application process for elite schools, but as long as the rest of your profile is strong, you should be a competitive candidate.
Will my SAT Score come back to haunt me? (Originally Posted: 07/23/2016)
I just recently got my SAT scores back, and I have a superscored SAT of 1440 (720 Math, 720 Verbal). But I have been reading that some companies will want to see your SAT scores years down the road. Will a 1440 make me not competitive as an applicant if an interviewer asks me to produce my scores? From your experience, how much have you been asked to produce your high school test scores?
Thanks
I would not be concerned about your SAT scores having a negative impact on future employment. If you're just getting your SAT scores back, I'm going to presume you have yet to even choose the University you will attend. You have more important stepping stones right around the corner that will have a greater impact on the competitiveness of you as an applicant down the road.
720 on each section isn't bad and won't negatively or positively affect you either way. In terms of the resume, I'd probably leave it off. You're kind of in the middle ground -- an average of 750+ will reflect well, 700 will reflect poorly (for front office finance), and a 700-750 won't be an advantage or disadvantage.
a 1440 is good enough to get you into a target which is really all that matters
Eh not really. I'm pretty sure OP means the new SAT which went back to two part. Converting this SAT to the old 2400 SAT puts it at a 2060 (690 M, 680 CR, 690 W)
The only one's who will care that much is MBB and a 1440 is 97th percentile. If it can get you into a target, you should be okay.
What to do on applications when your SAT score is in the 1500's out of 2400? (Originally Posted: 05/14/2014)
Lie, don't bother applying, put N/A, re-take despite completing undergrad already, or be honest and hope they give me a job on the spot for being so brave and honest? Yes my SAT scores are that bad. I did zero preparation for them and I got extremely comfortable taking my time on tests, checking my answers 3 times in high school. I'm not as dumb as my scores indicate, at least when it comes to math. I did a few hours prep for the GRE Quant and my score was 790 while my Math SAT score was in the low 600's. My Verbal was in the mid 400's for both exams and I did zero preparation.
Don't lie, don't put N/A, just don't put it on your resume.
Retake the GRE/GMAT if possible/you want to but be honest with yourself--generally speaking that mid 400 score is not something you can push up to 700+ just by putting in a couple hours. Whether or not you should retake depends on your GPA and whether you are at a target. If you have a 3.9 at a target, you've proven you have the horsepower. If you have a 3.9 at a non-target you might consider retaking. If you have below a 3.5 at a non-target I would strongly consider retaking and actually studying.
Some banks require it. Goldman Sachs and JP Morgan put an * to let you know it's a required field. I didn't know 80% of the words on the GRE. I guess I should have been reading books instead of playing video games all of these years. Always using Spark Notes to avoid reading those crappy books in middle/high school is coming back to bite me.
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