Does Citadel Check Transcript?
Hey Everyone,
Around 2 weeks ago, got a call for an interview with Citadel. They clearly said they had a minimum GPA and my GPA is around 0.1 point away. Do they actually verify via your transcript at any point in this process? I'd hate to lose an opportunity like this because of an old mistake.
yes all MM funds do
How do they do it, do they ask you to mail it or something?
FWIW I had to send mine during background check.
Most of the time, you allow the third party that's conduction the background check to get it themselves directly from the school. Some firms will have you send it in. Don't EVER lie about your GPA, it generally gets caught and the consequences can follow you for a very long time.
what's the minimum gpa cutoff? and what role/location?
At my school our career center sent us some positions to apply for and it looked like their cut off was a 3.8. Not speaking from experience though so could be different.
For what it’s worth I had a 3.85 at the time studying quant finance and had a pretty good resume and was auto rejected for their quant trading internship program. So do with that what you will
Is this Citadel Securities? They've had some phenomenally talented interns these last couple of years. It's no surprise a lot of people are getting auto-rejected. Funnily enough, none of those guys ended up staying at the firm.
DM me, don't want to disclose too much info on here.
Wait so did you lie about your GPA (on your resume or application or wherever) or did you just apply despite falling under the cutoff? The former is a problem but I wouldn’t worry too much about the latter. If it gets to the point they’re doing a background check they’ve already decided to hire you and a 0.1 difference in your GPA shouldn’t matter. Although this is Citadel we’re talking about and they’re known for kind of being dicks.
They reached out to me and said they want to interview me. On the job description online, it said the specified gpa. At no point did I lie to them. Just wondering if it's even worth interviewing with them if they're going to shut me down anyway.
LOL no offense, but their time is more valuable than yours. If they're inviting you to interview, by all means take it, they're not in the business of doing interviews to non-viable candidates.
Lol none taken, alright sounds good.
This is not to nitpick - but I can't resist.
No one's time is more valuable than yours. Yes maybe from a monetary perspective because they (the interviewers) make more money their time is more valuable than yours.. But otherwise no dice. They are still human like you and eat, sleep, take dumps and want to get laid. This whole attitude of "I'm more important than you" or "My time is more valuable than yours" is a toxic one especially in our industry and it befuddles me given that all we really do is push money around.
Why? Because it is your life and your time that you will never get back. My conclusion is the same as @mmpm, despite my differing viewpoint. Take the interview - the least you will do is learn something. Do your best, knowing that the chances aren't great but with the aim of at the least learning something.
But don't give anyone, especially in this industry, an inch of preference over your self interests and that absolutely includes your time. People will take take take and rarely give back. I've learned the hard way as have many others.
Don't make the same easy mistakes others have before. Make your own new ones and learn from them.
Good Luck
Tell Ken Griffin it's revised and you have filed an 8-K with the SEC.
What?
Is this campus or experienced? If experienced, I thought GPA doesn't matter after couple of years of work experience.
Only 1.5 years out of school. Do you think they'll still care?
I would move forward since they reached out to you and it's only .1 off.
Best to stop overthinking and start preparing for those interviews. Nobody will give you a definite answer here. You’ve got given a chance - just take it and do your best. Only positive optionality from your perspective.
Move forward. I've worked at multiple MM and they verify employment, grades, and transcripts/education concurrently with the interview process. If the PM likes you and wants you, that 0.1 won't make a difference.
> If the PM likes you and wants you, that 0.1 won't make a difference.
True.
> and they verify employment, grades, and transcripts/education concurrently with the interview process.
Wrong.
They did for me. Didn't finish til after I'd signed offer. Maybe different for junior position, dunno.
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