No GPA on resume; never been questioned; disclose or not?

Hi all,

Quick background: non-target, 3.2 GPA, decent finance internships, and many E Board leadership positions. I knew my only chance is to NETWORK like crazy, which I sure as hell did.

I'm currently talking to a few guys at a very good firm. I've had several calls now and to my surprise, no one has brought up that my resume doesn't include a GPA. I do have some good reasons for my cumulative GPA being low (basically failed freshman year due to many reasons, so think about trying to recover with permanent 0.0 and 1.0s on my transcript. Then, got very high 3s and 4.0s in subsequent semesters).

My question is - should I just own up to the elephant in the room and explain the situation or would I be prematurely shooting myself in the foot here? Also, could it be that these bankers already made assumptions and just don't care at this point after so many interactions?

Appreciate it guys. If there's already a thread on this, pls feel free to link it.

Thanks,

 

Yeah man, I think it might even be 3.4 or 3.5.

I'm just wondering because people always say, good networking can overcome a low GPA - and it seems like I'm actually on the path to doing it. It's just strange that no one has asked, which makes me wonder if they're giving me a "pass" (contingent upon exceptional demonstration of technical knowledge, of course)

 
Most Helpful

Most BBs have a 3.4/3.5 minimum and that is generally for targets. Many BBs have a 3.8 cutoff for non targets, see below my comment from another thread

Number Crunching Warrior:
To go with this, when I was recruiting from my non-target I spoke with a couple VP alumni at a BB bank (think Citi/CS/BAML) and within five minutes they told me that it was great that I had a high GPA because the cutoff is a 3.8 for non-targets even if they recommended me. Not saying it is impossible, but it will be extremely difficult to go to a BB

I think the best route is to prioritize GPA over the next couple years and get it as high as possible. If you can work at a MM or boutique bank and graduate with a high GPA a lateral move will definitely be possible.

You'll probably get less responses if people see you have a low GPA so might be worth leaving off until they ask, but do understand that once you get pushed through for interviews, it will be extremely difficult at BBs coming from a non-target to overcome the GPA factor

“If you ain’t first, you’re last!” - GOAT
 

There is a difference between the minimum to apply, which is what you guys are referencing, and the minimum to get hired fulltime. The latter is the same for everyone, but the former varies based on target/nontarget and is not always a strict cutoff

 

You will probably get asked if it moves further along... either at a superday or by HR. As long as you're being honest about it, shouldn't be a huge issue. 3.5 is generally the floor but if you can network in they may be less strict about it.

You're doing the right thing now, continue on and make sure you're talking to multiple banks.

Array
 

Hey Eloquence,

Thanks for the feedback. I'm thinking the same - it's probably gonna come up eventually. That's why I'm contemplating on just "owning up" to it and telling it as a part of my story. Of course, the reservation is still there because nobody wants to look back and say, damn I sabotaged myself.

You think I might as well just go for it?

 

Curious about this for PE recruiting. Let's say my GPA goes from 3.65 to 3.8 (I know a lot of PE places have cutoffs). Headhunters have said that Sophomore-Senior GPA is fine. Since you work in PE, what are your thoughts?

 

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