I recently got back my final grades for this semester and I found out have a 3.1. It's my first semester as a Masters student and I'm at an Ivy school. I had a very rough semester and stretched myself way too thin. Essentially, I think I messed up my chances to get a good consulting job once I start applying this coming August. I believe I have everything else good to go otherwise. This semester, I've joined 2 consulting clubs, currently started my own start-up, and am networking decently. In Undergrad, I had a 3.8 GPA, and a batch of a great extracurriculars, including working in 2 research labs, as an intern for a healthcare startup, and successfully starting my own student organization. The issue is that school is beyond non-target, it's not even on the map.
All this rambling is me really just trying to ask if magically get a 4.0 next semester and end up with a 3.55 for my first year, do I still have a chance for a good consulting job? Could the same be said even if I get a 3.4 or a 3.3 after all this? Would appreciate some insight in the matter, good or bad. Just give it to me straight.