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Based on the most helpful WSO content, here's what you need to know:
Background Checks: During the onboarding process, a third-party firm will likely reach out to verify your previous work experience and academic records. They will ask for details such as dates, contact information, and other relevant data to confirm your background.
GPA Verification: While some firms may not initially check your GPA against your resume, discrepancies can be discovered during the background check phase. If your GPA is significantly different from what you reported, it could lead to complications, including the potential rescinding of your offer.
Updating Information: If you realize there is a discrepancy, it is advisable to update your resume and provide the correct information as soon as possible. You can explain that your resume was outdated and that new grades have come in, which is a common occurrence.
Potential Consequences: If the discrepancy is discovered, you might face consequences such as having your offer rescinded. However, some users have noted that minor discrepancies might not always lead to severe actions, but this is not guaranteed.
Honesty and Integrity: It's crucial to maintain honesty in your application process. Fudging numbers or misrepresenting information can harm your reputation and future career prospects in finance.
For more detailed advice, you can refer to the following threads: - https://www.wallstreetoasis.com/forum/investment-banking/lied-about-my-…</a">Lied about my GPA to get a summer analyst position but came to my senses - https://www.wallstreetoasis.com/forum/other-industries/big4-and-banks-b…</a">Big4 and Banks background check
If you need further assistance, feel free to ask!
Sources: Lied about my GPA to get a summer analyst position but came to my senses., Lied about my GPA to get a summer analyst position but came to my senses., I need your advice, Received an Offer - Now am I blacklisted?, Suspended from Target - Need Advice Please
Yep.
by how much
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