Investment Banking breakthrough.

Funx2192's picture
Rank: Senior Chimp | 24

So, unfortunately this is the situation and I am a person to own up to my mistakes. I went to two colleges. I received a 3.11 G.P.A and a 2.65 for the second college. At the second college, they respectfully asked me to leave because they said we don't think this is the place for you to continue to be successful. Now, I need to go to another school and figure out a new school to get my degree. I'm basically B or B+ student. How do even explain this situation and especially the situation about what happened at the other schools. No Summer Analysts positions here and I really doubt getting a IB job after graduating.

Sincerely
Confused

Comments (27)

Jun 12, 2019

Before the a-hole trolls fill this thread with insults and roast you, I just wanna say that you will do just fine. If I were you I'd take a bit of time off (maybe sign up for the military?) and then continue/restart your education. Also what do you mean you are "basically a B student"? If that is the mentality then event the best offers won't help you. Also think about if you really want an IB job, or are there other fields that you like more. This is just my two cents. Take it with a grain of salt because I am not an education or career consulting professional. The fact that you are already on this forum snooping around and asking for help is a good start.

Good luck and I hope you find your way.

TL;DR : Sign up for the military and continue/restart your college education.

When life gives you kefir and flour, make some blins.
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Jun 12, 2019

I'm sorry, but I can't join the military due my physical health conditions and I have been permanently disqualified. I tried to join when I was 18 year old but my skin conditions, asthma, an overall physical well being was a 100% no. My parents are supportive but I need to finish my degree at another school and try to achieve my goal. I'm just worried and scared, I didn't go to a target school, semi-target or barely a non target. I'm just confused what to do with my life.

Jun 12, 2019

Is there a particular reason why you would like to do banking?

I know quite a few people who have not been so successful in academia but had their own niche sector (knowledge in military, literature, gaming etc). A number of them have turned their nerdy interest into a career path that they are extremely satisfied with. Why not empty your mind and take a week or so to think about what you are good at, and what you find most interesting?

Jun 12, 2019

Absolutely, I will take your advice and definitely think it over. To be completely honest, I love the markets here in New York. I am eager to see when they open at 9:30 A:M and when they close at 4:00 P:M. It's not about the money, I just love seeing the differences in changes of stocks and I love valuations, especially Discounted Cash Flows, Weighted Average Cost of Capital, Alpha, Beta, etc.

Jun 12, 2019

Ditch the banking chase and go into an area of commercial real estate that interests you. You're welcome

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Jun 12, 2019

I have nothing against commercial real estate but I always thought of myself as a finance guy. I will consider all options that are available. Real estate never really interested me to the comparison of financial analysts, associates or etc. I really just like the markets in general but I don't want to aim for the stars to fall short. I have one more chance left at a new school and a potential internship. This is legitimately my final chance and I am worried, scared, and confused.

Jun 12, 2019

have you tried learning to code?

just google it...you're welcome

Jun 12, 2019

Yes, I have tried to learn to code and I love programming. Unfortunately, the field seems extremely competitive and I don't know if I would be able to break through into that sector with that level of competition of adversaries.

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7,548 questions across 469 investment banks. The WSO Investment Banking Interview Prep Course has everything you'll ever need to start your career on Wall Street. Technical, Behavioral and Networking Courses + 2 Bonus Modules. Learn more.

Jun 12, 2019

Something is missing here. A college asked you to leave solely because you have a 2.65 GPA? That's a C+ average - they're kicking you out for it?

Jun 12, 2019

Unfortunately, no, they didn't kick me out. They said with that kind of G.P.A, you have absolutely no chance to acquire the dream job that you are wishing to acquire. They politely said to me "you need a fresh start somewhere else". When you transfer to another school, your G.P.A resets. So my first school was 3.11, my second school was 2.65, and hopefully if I am successful, I can get a 4.0 here in New York. Fortunately, I am lucky because I can apply for Excelsior scholarship at a state school which allows for free tuition for an undergraduate degree.

Jun 12, 2019

Have you thought about taking a year off between switching schools? It will give you a long mental reset, and when applying to jobs you can have the classic excuse of "wasn't mature enough but came back and got a 4.0."

Jun 12, 2019

Yes, I have. I have taken a few months off no longer than a year to get back into school. It's the difficultly of explaining why are applying to college again and aren't you starting to get a little old to be doing this. I understand there is no age limit but I don't want to look like the old guy if that is understandable.

Jun 12, 2019
Comment

just google it...you're welcome