Where the hell do B students go
I've always been gifted academically and good enough socially to make it to a top bank doing IB. I have a brother (overrepresented, straight) that wants to come into finance but I'm hesitant because I have no idea where the B students end up in finance. Even among all the A students that want to go into IB and top finance jobs, many can't make the cut because of how few spots there are. What chance is there for a B student who is average in everything to make it big or just make a 6 figure salary honestly.
Why do some kids on this site think IB is end all be all? If your goal is a six-figure salary there are many roads more traveled and less stressful in life. Do some research.
Lame post. Lame thinking.
Source: B- student that made it into IB at a top MM.
same, gpa 2.9 at mid tier BB
2.0 GPA
$1-$4B AUM Real Estate Private Equity
Ok RBC
At my target, I’ve seen several B students make it into mid/top BBs (non-diversity, no family connections), while some A students failed to make the cut. GPA matters but it’s not the end all be all that you think it is
another B student in IB headed to PE here
I was a B student through high school, my older brother was an A student through high school but he's not the smartest either. While he was in college, he taught me how to finesse through school and the athletic recruiting process. I'm not the smartest person but it's not that hard to take the right professors and talk to the right kids and reasonably get a B+/A-. Gotta choose the right schools as well, can't be going to an MIT/UChicago and expect to get a 3.5+ if you aren't considered smart by most. Cmon you gotta be feeding this info to your sibling
Why did they get a B? Ask that question first. And A's capture some good data points but miss a lot too.
And what school are we talking here? A B student at MIT is probably pretty smart by any rate.
Two words: soylent green.
Wow, what a post! Tons of very very rich and successful people were B/C students. Or A students who went to state schools. Lots of A students won't make $100k that easily. Welcome to the real world, sure IB cares, but that is such a small part of the universe.
Full disclosure, I was one of those A students, but I know that is far from the reason for the career I've had.
B students get into IB. Not sure if you heard but there's this thing called networking which sets people apart
I got a job at an asset manager via alumni connections
3.2 GPA undergrad who had a solid enough career outcome ---> B school collected offers at multiple BBs and 2 EBs
What did you do pre b-school? And which tier of b-school did you attend?
Another front office division of a bank...semi target b school, no one had much of a problem getting IBD (provides effort was there)
Wait until you find out people with 2.7's and below are making $125k+ ... Book smart does not equal career intuitiveness nor does it correlate with compensation (most of the time)
If you think finance is the only place to make six figures, you should really educate yourself
2.4 gpa non target, 24 @ ~140k. GPA is trash.
Same boat as you, gpa can fuck off. Not once have I seen it affect my first three years when it's "supposed to matter" the most during that time
Along these lines, I believe that the average millionaire had a 2.9 college GPA (assume this would exclude millionaires who didn't go to college).
Lmao the MAJORITY of people who make 6 figures/are millionaires/ultra wealthy are not in IB, let alone high finance jobs. That's just a fact. This site has some very delusional 22 year olds.
I would question your social skills if you are describing your self as gifted academically. People who are smart do not usually feel the need to tell people how smart they are.
Careful with projecting your defeatist mindset onto others; plenty of students go much further in life regardless of their degree. A strong GPA isn't the only measure of success.
A student here from complete BFE undergrad (altho decent MBA), wasn’t making 6 fig salary immediately out of undergrad but eventually got there, even pre-MBA
Non-target here (international student) who started at a mid-tier BB's in its IB team back in 2012. Had a 3.35.
My room-mate also from Pakistan started at a Big 4 in their Corp Fin department based out of Chi. He was a 2.9.
2.9gpa, MM PE
Sales, Bartender, Server
Get as high a GPA as possible. Don’t let anyone tell u otherwise.
im quite a few years out of school but the ramifications for fuckin up can’t be understated.
Pathetic advice
Ramifications cannot be understated eh? Guess that's why you're not even in industry. But hey look at this forum. Turns out you don't even need a good gpa to be successful!
High GPA is better no doubt, but it's not a death sentence.
3.0 GPA student here, work in tech and earn a very nice salary and shut off my laptop around 5:30P-6P and don't check it until the next morning.
3.5 GPA at no-name regional college
At respectable MM shop
Real estate, baby.
If you actually know how to talk to women, can golf or ride a mountain bike, and aren't a complete weirdo who jerks off to how many hours you spend in an office on a Saturday, there's a spot for you.
So easy a cave man can do it.
So easy a cave man can do it.
Who do you think does it?
.
Ok, Simple Jack
The army.
Northwestern Mutual.
3.3 GPA, engineering, non-target. Did construction for a few years then B-School, now at great regional real estate developer and doubled my income.
Non-target ACC school with a 3.2 GPA. Industry focused MM
This thread is literally all the outliers. A large percentage of people with shitty GPAs can't get a start anywhere decent.
I just went through interview loops at 8 different tech firms, not a single one asked my GPA.
I just went through interview loops at 8 different tech firms, not a single one asked my GPA.
Well, you're probably an experienced hire. Good experience trumps everything else if you have had a chance to prove yourself.
Thats because they ALWAYS self-select out of the process for competitive finance jobs. There’s a strong correlation between career focus and GPA at the undergrad level, with a significant portion of the B students waiting until semester 2 of senior year to unfuck themselves. I know plenty of people in high finance jobs (myself inc), who were B students but didn’t let that get in the way of them finding their way to competitive finance jobs.
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