Background Checks - Official transcript?

Has anyone ever heard of banks or background checking companies personally approaching your university to ask for an official transcript? Or 99.99% of the time do they just ask you to bring in your official copy if they want one?

Thanks

 

I think the way it works is that you authorize your school to send an official transcript directly to the employer. I'm pretty certain that your school can't release your grades to anyone without your prior approval (at least that's the way it works at my school).

 

the question is do banks request officials from each and every candidate.......or do they just make sure you're enrolled in that institution and spend more time looking at references?

 

b/c from what i know, common checks will ask you to confirm that you have provided true information about your education, work history, etc. and then it will ask you to consent to the organization to obtain any info thats reasonably required to confirm or clarify your claims.

im wondering if this allows a company to go to your school and just ask flat out for your official transcript....or if you would still have to provide your verbal consent for this piece of info.

 

can the offer be revoked? ie, you never displayed your GPA on your resume, nor did you provide transcripts, will they dissolve the offer made, due to a less then expected GPA? No lies made, only assumptions based on prior work experiences

 

My offer letters said the offer was subject to verifying information I had presented, that I graduate from college, and pass a drug test. If you never presented a GPA, nor told them what your GPA was, nor make nor wrote any comments that would indicate a GPA other than the one you have (i.e. if you told them you were graduating cum laude and you have a 2.0, that's a false representation) then you didn't make any untrue representations. They can't assume anything based on past work experience - there were 2 people at my intern employer with GPAs less than 3.0 (even though it was a BB).

The offer of course can (and probably will) be revoked if you actually lied about something - i.e. bumped up your GPA or fabricated work experience.

 

I was given a full cavity search.. Is that normal?

My MD does it just about every day actually. Anyone else experience anything like that?

-------------- Either you sling crack rock or you got a wicked jump shot
 

Any reasonable bank would make you confirm your GPA as a term of employment. Otherwise, you could say 4.0 and they'd have no way to check??? Yeah. Right. Does you much more harm than good to lie on your resume.

So, in short, yes, you should expect them to obtain your official transcript one way or another for you to stay employed.

 
Best Response

I refer to your post a few years ago:

rddunfie and rat4100: "can the offer be revoked? ie, you never displayed your GPA on your resume, nor did you provide transcripts, will they dissolve the offer made, due to a less then expected GPA? No lies made, only assumptions based on prior work experiences"

I have the exact same situation where I did not disclose my GPA on my resume, got called for a superday anyway and went through interviews to get an offer at this BB.

Now when they conduct bg check + ask for transcript. Do you they think they can renege their offeir based on a below expected gpa?

What happened in your case? I am really, really interested to know.

Thank you and hope you reply really soon

 

For one reason or another I did some complicated transferring. I did a semester at a university right out of high school, left and went to a community college, transferred to another university, left and did a summer session and a semester at a different community college and now ended up at my current Ivy. The only credits counting towards my degree here are from the most recent community college where I stacked up on classes and am only a year behind where I would have been had I went here all along. So out of my five institutions, only two of them will be applicable to my degree (most recent community college and current university). I was hoping these would be the only two I'm required to report and therefore the only two employers will verify, considering the other three are now useless. It just doesn't reflect well to have attended so many institutions, regardless of the reasons. On top of that, if I decide to pursue business school at some point, hopefully I would only have to send a transcript from my current university where I will obtain my degree, and then from the recent community college because some credits from there will appear on my official transcript.

 

Reiciendis et accusamus ducimus quia consequatur quam a. Repudiandae dolor quia autem facere cum. Modi et esse aspernatur ducimus quia cum.

Asperiores in deleniti dignissimos. Incidunt officia asperiores aut sapiente nesciunt est.

One of those lights, slightly brighter than the rest, will be my wingtip passing over.
 

Blanditiis et quibusdam quaerat explicabo. Ut saepe earum cum et facere expedita. Non dolorum vitae similique accusamus et. Quaerat rerum aliquid et et velit. Minus non iure dicta eos vitae quae.

Et quam corporis officia deserunt eum perspiciatis. Nisi facilis autem vel at excepturi modi sed. Adipisci vero quia neque maxime provident. Accusantium nisi vel dolorum laboriosam consequuntur in nulla.

Sapiente excepturi saepe quos veritatis alias eum consectetur. Optio optio occaecati quibusdam sequi eveniet qui.

Culpa amet quia accusamus possimus. Aut omnis error enim mollitia dolores nobis deleniti. Quos fugiat repellendus ut enim ut distinctio. Culpa asperiores sed perferendis quia ab ad sint dolores. Assumenda nulla omnis aperiam ut delectus quas. Quaerat dolor sed incidunt sit asperiores optio. Dignissimos soluta odio consequatur molestiae rem autem odio.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
DrApeman's picture
DrApeman
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...”