Am I screwed... Low GPA. rising penultimate year

So with COVID 19 and classes going online, I didn't manage to focus that well and that resulted in bad grades this semester. I'm probably going to get a B in two of my courses, bringing down my CGPA to a 3.4. My major GPA is also going to be pulled down and it's only going slightly higher at 3.5. Am I screwed for recruiting next year?
I have relevant finance internships although they are local boutique firms, with one corporate finance internship in my freshman year and an upcoming one in asset management. Is there anything I should prepare (e.g. explaining my low GPA) for upcoming recruiting? Any advice would be highly appreciated. Thanks in advance!

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (3)

  • Prospect in IB - Gen
May 24, 2020 - 7:01pm

When you said low GPA in the title, I thought you were going to say something like a 2.7. I'm not sure how hard it is relative to a 3.7+ but I know several people at targets who got BB FO with 3.5s.

May 24, 2020 - 9:58pm

I was just worried because I know I will be competing with kids with a 3.9 CGPA and relevant experience. Also, any idea if firms will reject giving me an interview because of my low GPA, as they seem to have internal GPA cutoffs?

Start Discussion

Total Avg Compensation

June 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (35) $364
  • Associates (203) $232
  • 2nd Year Analyst (115) $151
  • Intern/Summer Associate (97) $145
  • 3rd+ Year Analyst (27) $145
  • 1st Year Analyst (420) $131
  • Intern/Summer Analyst (338) $82