Note: This question assumes everyone attends a TARGET SCHOOL.
So the current most widely accepted fact about the way they sort through resumes is: Toss out cover letter; Look at GPA. If over 3.5 toss it into "interview" pile, if it's under, auto reject (without even looking at previous experience or other stuff).
But then again, I hear contradicting facts on this site:
1) "As a former recruiter, I've tossed out resumes with 3.9s" (implying they look at the entire resume, not just GPA)
2) "As a former recruiter, all I look at was the GPA. If it's below a 3.5, I toss out. If it's above 3.5, they get an interview" (implying that if 500 applicants have above a 3.5, then there will be 500 interviews)
3) "As a former recruiter, I've given interviews to kids with a 3.2 on their resume because I looked at his work experience and noticed he already interned at CitiBank." (implying they closely analyze a kid's resume and are open-minded over GPA)
4) "As a former recruiter, I don't even glance at their cover letters or work experience or clubs and activities. I just look at the GPA" (implying only the GPA matters - absolutely no excuses and nothing else will make up for a low GPA. not even work experience)
CLEARLY, all of those statements contradict each other! So what is it really? How do they really evaluate the resumes sent during a resume drop? If they got 150 applicants from Columbia, are they going to give all 150 applicants interviews if all of them have a GPA above a certain level? Or do they actually look at the entire resume? I've heard so many contradicting reports on WSO that I have no idea how resumes are evaluated.