I know many people in investment banking/sales and trading that juiced their resumes. Many add things they didn't do or outright lie about their GPA. Are you at a disadvantage if you don't juice it?
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yes you are...I mean look at it, if someone lies and says they have a 4.0, they get interviewed and there is 1 less interview spot for you to take.
But should you lie? Absolutely no, all liars get caught...just look at the guy on here who lied and got fired 2 months after starting.
Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...
I can't recommend juicing anything on the resume.
You may not get caught (at first, or perhaps ever), but if that's the only way you can get your foot in, you don't deserve to be there. Deal with it.
It's that simple.
Do they get caught though? Princeton doesn't list your GPA on your official transcript. I know guys with 3.2s that juiced them into 3.6s. The reasoning goes, I would rather take a chance than not have an opportunity at all. And while I don't know anybody who has done this, I've heard people juice work experience as well. It's crazy.
I'm not promoting lying for your resume... But like stated above I think juicing your resume might just help you. I do not promote straight out lying, because blatant lies will get caught. But let's admit, most of the people "tweak" or improve their resume to make them look better in some way. And I really do not buy that crap that "oh, someone SOO talented and deserving did not get a chance to interview, because someone juiced their resume". Well, guess what, that means that he is not all that deserving, talented or better, that he was relying on that marginal spot....... just my opinion. I believe that it's just like advertisements and commercials, make yourself a more attractive package any way possible without blatantly lying or misleading.
Of course juicing happens, and yes, people do get caught.
Princeton may not list the GPA, but any asshole with an HP-12C handy can calculate it on the spot.
But let's take juicing as an expected value proposition: the posts here seem to imply an expected value of slightly less than 1.00 if you do juice (i.e. not taking into account even the slightest chance you'll get caught).
I maintain that the expected value may, in fact, be positive, but there lurks a nasty 6-sigma event possibility.
What's the result of getting caught? A shitty 6-sigma scenario. You not only lose the ride on the gravy train right now, but you're also screwed for the future. A lot of less-than-honorable character traits are tolerated in this business, but dishonesty simply is not (and cannot be) one of them.
Ask any good hedge fund manager--no matter what the potential upside may be for a bet that has extremely little chance of resulting in the disaster scenario, the mere chance of disaster renders the bet foolish.
It's simply a chance you can't afford to take.
not worth the risk. How about you try earning the spot? look what happened to this guy:
http://www.ibankingoasis.com/node/255
Take the saying "it's a small world" to heart because information travels quickly on Wall Street. You don't want to get caught in a stupid lie that could potentially be spread to all the banks and keep you from getting a job. I have a friend in HR and they talk to their respective colleagues at different firms to verify information about candidates. Don't think they would not pass along information regarding lies on a resume. Just not worth the risk.
Geez, is banking such a aspiration of yours that you'd be willing to compromise your integrity/self-respect/future for? That's pathetic.
No, not at all. I am just making a commnet from experience. Wasted college guys tend to brag. SAs getting full time offers off of lies, its not that uncommon.
HI DAN BUSH
its better to not lie, get rejected, go to a good MBA and then come in as an associate if its really something you want to do, instead of lying, getting accepted, getting fired 2 months later for lying, and getting black listed from the entire industry
Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...
Hi Pospie (Dan Bush). Stop trying to cover your back. We all know it's you. You must really be obsessed with that guy.
how cute, that is SO like Dan Bush......accusing people of being "really obsessed with" him
not to mention typos as well!
How about you just leave me alone? I don't know Dan Bush. I don't want to know DB. I think you know DB. I think you are DB. Bye.
I love it!.....Dan Bush also used short, to-the-point sentences one after the other....also those sentences were often a dead giveaway of pent-up frustration on the verge of exploding, and often contradicted each other (as yours do, in this case).
btw dan plz don't take any of this too seriously....we're iwlling to give u advice and overlook ur past behavior
Sup Dan?
isin't an applicants application confidential? if so, won't submitting it to a bank and having HR discuss it with other banks constitute a violation of privacy?
prospie you act more like Dan Bush compared to How to save a life.
1) Constant bickering with everyone 2) You showed up about the same time 3) You post at the same rate as him 4) How to save the life actually asks questions which Dan was never known for
Conclusion: You are Dan Bush
Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...
Who gives a fuck?
It's ironic that in a field where we make very broad and generous assumptions to rationalize a M&A deal that we get picky on resumes.
"...I bet in year 2 of the forecast we can easily recognize $250mm in additional revenue and with less costs!"
Just a thought...
HR reads thousands of these things every year, they are professional bs detectors, they will figure it out and you will be screwed eventually.
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