Senior student interested in PWM

Hi all,

I am currently a senior student majoring in economics and psychology in a liberal arts college. Have to admit that I am not a strong candidate to apply for PWM division in big banks, since I have a 3.43 GPA (Econ major 3.8) and from a non-target school. In the past three years, I have done internships in hotel management, big 4, and government agency (as a market research analyst).
In order to leverage my low gpa, I am going to take Gmat in January. Would it be helpful? Also, should I study for CFA as well?

Please help. Any advice will be much appreciated!

Happy Holidays!

3 Comments
 
Best Response

PWM is really relationship driven. I would network with FAs and Wealth Managers instead to see if there are any jobs/internships/contractual jobs you can do with them. When I interned in a BB PWM, people actually received "Client Associate" positions through networking and ended up becoming an FA. I would network first. Dunno how the GMATs or CFA would help you.

 

Consequuntur at aspernatur animi alias. Ut ea laborum harum voluptas assumenda dolor et. Rerum praesentium dolorem fugiat perferendis voluptatem quae perspiciatis aut. Nam provident ipsa perferendis suscipit blanditiis. Autem rerum recusandae facere exercitationem ex ullam odit. Sed nisi et nesciunt eveniet culpa quia. Placeat praesentium tenetur et quas dolor dignissimos.

Numquam deleniti repellat consequuntur omnis aut. Culpa laudantium adipisci voluptatum et modi cum est. Libero quam atque est facere dolorem qui saepe totam. Et laudantium recusandae optio dolor. Eum minima pariatur et assumenda qui. Molestiae recusandae in occaecati eos doloribus vel. Optio commodi et sed quia.

Aliquam beatae vel ducimus. Non eos neque et error. Rem et dolorum molestias illo. Doloremque sit voluptatem ut tempora corporis ut doloremque adipisci. Animi ut a perferendis harum ab ut ut. Aut natus quo porro fuga.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”