Drastic drop in GPA after accepting ft offer?

I recently got a FT offer and was wondering if a drastic change in my GPA will have any impact on it. This is what the offer letter said, "This offer is contingent on satisfactory completion of the Company's drug screen, background verification process, and completion of your college degree." The reason I'm asking is because I'm doing a math/econ major and basically saved all of my upper div math classes for my senior year (so that I can have a higher gpa while recruiting).

The letter doesn't say anything about gpa; just that I finish my degree. The company is also a pretty big company so I'm certain HR is the only one that's going to see my transcript (and they're across the country and were pretty disconnected from my hiring process).

What do you guys think?

Comments (29)

Nov 3, 2015

How drastic? Will youre cumulative gpa remain above a 3.0? Rescinding an offer over bad gpa post offer has happened. I've seen it. But it was in the case of GPAs below 3.0.

Nov 3, 2015
Redacted:

How drastic? Will youre cumulative gpa remain above a 3.0? Rescinding an offer over bad gpa post offer has happened. I've seen it. But it was in the case of GPAs below 3.0.

It'll be around 3.1. I had a 3.5 gap previously. It's also because I transferred schools so i only have one year of grades as a cushion.

Nov 3, 2015

You should be fine. At most places it won't be an issue unless you fail a course or drop below 3.0. Even then, a lot of places won't care unless you fail to graduate.

Nov 6, 2015

You're probably okay. If you get a call from HR just explain what happened. Just try not to get D's and F's and let it slide even further due to senioritis, etc. If you were accepted under the notion of a 3.5 and let it slide all the way to 2.9, 2.8... that throws up a red flag. The absolute worst thing that can happen is if you don't get a satisfactory grade in a class which causes you to not graduate. That would definitely be an issue.

Nov 10, 2015

Depends on the company / HR. Something similar happened to me, everything worked out fine. Feel free to PM if you want, and I can give you better insight.

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Nov 10, 2015

A .2 drop is somewhat significant for grad school and potentially for employers depending on your past experience. Do your best not to tank. I understand how real the struggle is.

Nov 10, 2015

It's not like your job offer will be rescinded, unless there was some specific GPA requirement at the time of your graduation, which I've never heard of. However, your GPA will still follow you after you graduate, especially if you're looking to do grad school, or looking to switch jobs a couple years after you graduate UG. At a certain point in your career, you obviously can take your GPA off your resume, but it will certainly still matter for a period of time after you graduate. People with a bit more post-UG experience than myself can probably advise you better on when the point of "GPA irrelevance" actually happens.

Nov 10, 2015

MY GPA will be a 3.6, but my concern is for switching jobs, will I have to worry about them seeing a drop in my senior via transcripts, or no? Or do they just care about the actual number on the resume?

Nov 10, 2015

From my experience, it won't matter unless its a catastrophic drop. Even then, it won't affect you right now- only when it comes time to give you a return offer. This is for SA.

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Nov 10, 2015

Won't be too much of an issue. You got the offer for reasons other than your GPA.

Nov 10, 2015

You should be fine. Firms will run a background check to verify that you actually graduated and your majors match what you wrote in your application. As long as both of those check out you won't have problems.

Nov 10, 2015

With the SA stint already on your belt going into your JR year you should be in great shape for other SA positions come next summer. Regardless of GPA. Now if you wanted to step into top PE, HF or VC opportunities next year you might have a little trouble since these places for the most park seek the best of the best ie: people who did SA going into jr year and who have high GPAs

Nov 10, 2015

just make sure to work hard, socialize with the people, and snag a return offer. Even if you mess up your interview questions, I noticed that a lot of times kids would get benefit of the doubt if they'd already previously done an SA as a sophomore at a BB.

Nov 10, 2015

I was actually really surprised to see this but buy-side firms definitely look at undergrad GPA, even after your 2 year FT stint. A 3.5 should be fine but ideally you would want 3.7+ for it to not even be an issue. Normally I don't condone these alarmist posts but I can tell you first hand that GPA is definitely a data point for a lot of top buy-side places.

Nov 10, 2015
ideating:

I was actually really surprised to see this but buy-side firms definitely look at undergrad GPA, even after your 2 year FT stint. A 3.5 should be fine but ideally you would want 3.7+ for it to not even be an issue. Normally I don't condone these alarmist posts but I can tell you first hand that GPA is definitely a data point for a lot of top buy-side places.

3.7+ and it stops being an issue completely? Awesome. I have a 3.79 now and have been literally breaking my back to try to hit the 3.8 by the time I graduate. As you probabaly know an A- average is much easier to obtain than an A/A-!

Nov 10, 2015

that 3.7 is completely arbitrary. i'm sure the articulation of your knowledge during an interview matters more. especially when the first filter is simply a minimum of 3.5

Nov 10, 2015

I think what he meant was that past a 3.7, recruiters completely stop considering it as a point of issue. That is, they will never reject you for your GPA if it is 3.7+. Whereas if your GPA is a 3.6 or lower, they may harbor concerns over your academic competence. However, if you get the interview, the GPA is only secondary in importance. Your performance in the interview will be the principal decision maker for the company.

Nov 10, 2015

That's amazing you would think 2 years of solid work with the backing of your higher ups would be the focus...I mean at that point what does it really matter what you got in college, if you clearly have done an excellent job as an analyst?

Nov 10, 2015

In the sense that it can only really hurt you, not help you. Generally anything above a 3.5 I view as "fine." So you don't have much to worry about.

Not to diminish what ideating said here, but not all buyside firms look at/care about GPA. It's still on your resume and they do look at it, but I think it matters less for buyside than it does for getting into banking.

On my resume now, GPA and undergrad are at the very bottom and IBD experience is at the top since I've been working for 2 years. I've never once been asked about my GPA by anyone in any interviews (between 3.5 and 3.6).

I suppose some places do use it as a filter but unless you have a 2.5 I would not panic over this.

Nov 10, 2015

I think in a more updated version of my resume, I didn't even put a gpa. I just put the latin honor i received. I mean, if they ask, i'll of course tell them, but i think it's a non-issue (unless, as Dosk mentioned, the gpa is really really bad).

Nov 10, 2015

Use the fucking search function.

No. Always have an updated resume that you offer to the interviewers at the superday. Unless it's a significant drop, they won't mention it.

Nov 10, 2015

/.............

Nov 10, 2015
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Nov 10, 2015

I think- therefore I fuck