3 Comments
 

Based on the most helpful WSO content, here's what you need to know about how grades, including NC (No Credit) grades, can impact your profile:

  1. Impact on GPA:

    • NC grades do not affect your GPA directly. However, they are noted on your transcript as being less than a C grade.
  2. Perception by Employers and Schools:

    • Investment Banking (IB) Recruiting: Employers in IB typically scrutinize transcripts to verify GPA and academic performance. While NC grades don't impact GPA, they might raise questions during the review process. The primary concern is whether these grades reflect a pattern of poor performance or are isolated incidents.
    • Graduate School Applications: Graduate schools, such as Harvard Business School (HBS), look for indicators of academic and intellectual ability. A couple of NC grades might not be a deal-breaker, especially if you can explain them (e.g., due to illness). However, if these grades are in key quantitative courses, it might require additional explanation or evidence of your capabilities in those areas.
  3. Mitigating Factors:

    • Explanation: If the NC grades were due to illness, it’s important to be prepared to explain this context during interviews or in application essays.
    • Overall Academic Performance: Strong performance in other courses, particularly in relevant subjects, can help mitigate the impact of NC grades.
    • Supplemental Courses: Taking additional courses and performing well in them can demonstrate your academic ability and help offset any concerns about the NC grades.
  4. Holistic Review:

    • Both employers and graduate schools often take a holistic view of your application. This includes considering your work experience, extracurricular activities, and any extenuating circumstances that may have affected your academic performance.

In summary, while NC grades might raise some questions, they are not necessarily detrimental if you can provide a reasonable explanation and demonstrate strong performance in other areas.

Sources: Ask mbaMission about Business School Admissions, Depressed and missed recruiting...terrible grades...how to turn it all around?, How does Opt-in Pass/Fail look for IB Recruiting?, Poor academic performance early on from low tier semi-target —> quant options analyst at reputable fund (story)., Feeling like an outcast in this IB world - struggling academically.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Error facilis sed unde voluptas eius. Voluptatem doloremque neque nobis architecto nam optio aut. Nam est sunt voluptatum eum sint est minima voluptatibus. Expedita laboriosam rerum labore ea velit eius ut quibusdam. Quam et necessitatibus dolorum voluptatem molestias temporibus iure.

Quis nostrum quidem est ea unde commodi molestiae recusandae. Vel aut sint ex minima quasi unde atque fugiat. Aliquid molestiae reiciendis et rerum sit. Provident ipsam qui ipsum ducimus quae tenetur et. Non quis tempora autem explicabo qui aut consequuntur. Occaecati sed sed iure deserunt. Fugit accusamus aliquid nam qui ipsum deserunt.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
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...”