Hello,
I am a rising senior at top 50 liberal arts schools majoring in Economics. My GPA is a 3.0 unfortunately and I was just wondering how hard it will be to get an entry-level position at an investment banking firm. I am not interested in the tops firms-more small boutique firms.
Thanks
| +183 | Ideal College/Recruiting Timeline | 38 | 21h | |
| +72 | Lied on CV? | 54 | 1h | |
| +61 | Military Officer vs. IB analyst | 21 | 9m | |
| +26 | Amazing offer but I’m drowning in debt | 13 | 23h | |
| Got fired after 1.5 years as an Analyst, want to stay in Banking but I am confused | 9 | 5h | ||
| +25 | Is there a point to networking if you have (nepo)? | 7 | 2h | |
| +23 | Are Single Managers Just Not Hiring? | 10 | 3d | |
| +21 | Job Switch Advice | 5 | 2h | |
| +19 | NYC Consumer PE/Growth Funds with decent comp but amazing WLB? | 6 | 5d | |
| +19 | Trying to break into IB | 7 | 4d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Yes;
Most definitely. Top 50 means I'm willing to bet there is an alumni somewhere running a small IBD boutique or an analyst/associate somewhere.
Less than 3.0 just means you don't get the benefit of any OCR it doesn't knock you out of finance, just huge BBs and MMs and even that is 100% out of question.
Network, take a couple analysts or associates out to lunch/dinner, get to know them and make a connection. You'll get an in. I can guarantee if I'm hiring someone or even if I have sway and some kid comes and shows me he can do the work, he's willing to make an effort to make me like him and I like him, I'll probably choose him regardless of GPA, major or school.
Thanks UTDFinanceGuy, I appreciate the quick response. I go to DePauw University in Greencastle, IN. What do you think the annual salary of an entry-level analyst with a boutique investment/private equity firm would be? I am really not looking for a huge salary, just a place where I can learn and bunch and grow.
You most likely can't be an Investment or PE analyst without doing banking first, unless you have some serious connections (in which case you wouldn't be posting here). And not going to sugarcoat it, getting into IB with a 3.0 from DePauw is going to be tough. I would search LinkedIn for alumni at small firms in non-major markets. Networking is probably your only shot, good luck.
Very achievable. Spend your time networking and working on your personal pitch. Sometimes you need to prove to the BB that you are in fact smart and can be successful. Been there, done that. Just takes a little more effort.
Nobis officia ab distinctio sit fugiat repellendus velit. Ut et architecto facere. Ullam voluptas quae ullam aut. Suscipit repudiandae natus ab. Vero ex quia dolorem possimus magnam et beatae. Officiis sint quo eaque et ipsam.
Modi ea quidem numquam fuga amet temporibus. Non repellendus voluptatibus quam maiores et. Quia voluptas tempore voluptatem velit aut. Omnis amet eos et dignissimos corporis. Omnis rerum voluptatum exercitationem magnam adipisci reiciendis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...