Does GPA matter as much for FT recruiting?

Rank: Baboon | banana points 155

Had a pretty rough semester and my GPA will probably be below a 3.3 by the end of the end year. Already locked in a SA gig at a strong MM for this upcoming summer. Looking to try and latter into a EB or BB for FT and was wondering if GPA still plays a huge role even though I already did a SA at a reputable bank. Am I screwed?

Comments (4)

Nov 26, 2017

In the eyes of potential employers, yes - your GPA is a huge marker of your professional ability. If you're unable to land good grades in courses when you have nothing else going on (save for health/extenuating situations), how will they know that you're able to do mind numbing work in 90+ hour weeks.

Congrats on the top MM offer. It's a great accomplishment, but you don't even know if you'll love/hate it there. Might be better to experience that and then gauge if it's worth transitioning to EB/BB. Network/etc so the doors are open, but if you secure a FT offer at this top MM shop, then you won't need to worry as much about your GPA. FT recruitment takes place one year from now for you, so you have the rest of this semester plus the spring to get your GPA back on track if that's truly what you're looking to do. Try to push at least a 3.5+ and your shots will be that much better for FT recruitment. FYI, it's much, much more competitive/tougher, especially at EBs, because the majority of banks (BB/EB/MM) look to take a huge % of their SA class, so you're competing for scraps of scraps.

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Nov 26, 2017

@southern_beta, congratulations on your offer. GPA matters very much for FT and will continue mattering past that if you decide to leave to PE, corp dev, or something else. That being said, enjoy your summer and don't worry about trading up come FT recruiting. You're in a good spot.

Nov 26, 2017

Coincidentally enough I also have a 3.3 and will be working at a MM bank this summer. I know that a lot of PE firms care a lot about GPA even after your two years in IB but how important is GPA for corporate development (esp companies that aren't like Google, Facebook, Snapchat etc)

Nov 26, 2017

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