Say you're one of those people that didn't take college seriously (like barely graduated) and didn't develop that passion for investment banking that so many competitive Ivy League kids develop even before they start college. This means you did not get that 3.5 magic number that so many IBs want and you didn't get the internship in college that would get you a job at an investment bank. Now that being the case, you naturally didn't break in as an analyst after college.
I have heard of many careers where if you take time after college and show some major initiative, a poor GPA can often be overlooked or minimized.
Now that being said, if you had someone that showed some major initiative and "re-branded" themselves in some way (acing a masters in finance program that they did get into), how much will that poor undergrad GPA still haunt them if they tried to break into Investment Banking a few years down the road?
Will it limit their options to more lower middle market type of banks when all is said and done?
The more I read about trying to break into this profession if you didn't break in during college or even worse, screwed up that college GPA, the more I start to realize that not getting started during your college years is practically the worst decision you can make.
Edit: OP realized he was being an annoying dick to people of this forum and was kindly told to fuck off by the bright analysts and interns of this great board. Learning his lesson, OP departs from this part of WSO until he can get into an MFin program. If you have valuable advice for poor OP, PM him and he would be more than grateful to talk to you.