Resume Book From Summer... Top 3 BB

Just so that people that have been looking at MisInd thread don't get discouraged by thinking they wouldn't get into banking because of their gpa.
I'm going to type every GPA and not skip any page so that everyone would have a good feel about where they stand.

uva 3.61
upenn n/a
nyu 3.5
stanford n/a
montclair 3.96
mcgill n/a
denison n/a
upenn 3.6
fordham n/a
boston uni 3.51
nyu 3.5
iona 3.95
upenn 3.84
richmond 3.20
uva 3.57
stanford 3.5
chicago 3.8
columbia 3.9
wesleyan 3.5
boston u 3.82
mit 4.3/5.0
nyu 3.487
ohio university 3.7
harvard n/a
unc 3.58
yale n/a
india 2.9/4.33
chicago 3.78
delaware 3.56
berkely 3.82
rutgers n/a (this guy was a mlb player while attending rutgers)
brown 3.7
keio n/a
uva 3.20 (transferred from harvard to uva...this dude must be crazy)
upenn 3.6
brown 3.9
arizona n/a

the book is so long...and i pretty much have a life so i'm going to continue editing this post later. This resume book is from a top bank and although their some low gpa's, they've compensated with other things on their resume. Don't get discouraged easily or listen to someone spout about the school you went to or the gpa you have. What banks is not quantum physics.

disclaimer..the above post is my roomate's own. he is going to be working full time in this bank this coming may while i'm going to be interning in a different BB this summer.

 

This is only a partial list. How can you instantly disqualify multiple banks from only seeing a small handful of schools / GPAs?

CompBanker’s Career Guidance Services: https://www.rossettiadvisors.com/
 

Even with connections and SEO, I have a hard time believing that that's a "sample" of a bank's analyst class..way too many non-targets with low GPAs.

Also, I know that is not GS (having seen their resume book...plus there's even a facebook group for GS's summer 2006 analysts) and not Lazard (Lazard hires from like 8 schools and the class is way too big). I really doubt this is MS also. I've also seen UBS and Lehman's summer resume books and they didn't have anyone from Keio or Denison (2 schools I've never even heard of, so they would've stuck out when I saw the book!).

I call bullshit.

I think Miss Ind's post is more accurate, although a bit on the high side. There are a decent amount of people from ivy or equivalent schools with GPAs in the 3.5-3.6 range at BBs for the summer..getting 3.7+ helps bit you can still get in with a 3.5. Although, there are definitely more people in the 3.7+ range.

 

I'm not sure if all banks do this. But HR makes it and passes it around to all the summer interns and various people in the IBD also get it. I don't think you can get it as an outsider.

Some banks make it really interesting..they include an additional info sheet with each resume that asks "how you got the internship" (it's interesting to hear this from kids from non-targets), what is your GPA (since some people don't list it on their resume), and what is your SAT score (we had people with sub 1200 SAT scores haha). I think all banks should do that..makes it much more interesting.

 

yeah hr makes a folder out of everyones resume and gives each summer analyst. most of the people that don't have their gpa's listed are the mostly returning people. they have worked at the bank since sophomore year. the response to this thread is so funny with someone that hasn't stepped into a bank calling it bullshit. keep on feeding from online sources and keep thinking to yourselves that banking is quantum physics. You'll never get anywhere. I'm going to post the remaining gpa's prob tomorrow. keep in mind i'm going page by page and i haven't even gone a qtr way.

 
Best Response
mrlover1:
yeah hr makes a folder out of everyones resume and gives each summer analyst. most of the people that don't have their gpa's listed are the mostly returning people. they have worked at the bank since sophomore year. the response to this thread is so funny with someone that hasn't stepped into a bank calling it bullshit. keep on feeding from online sources and keep thinking to yourselves that banking is quantum physics. You'll never get anywhere. I'm going to post the remaining gpa's prob tomorrow. keep in mind i'm going page by page and i haven't even gone a qtr way.
I agree. Too many kids on here think that once they get into banking it will be MD's in Savile Row bespoke suits taking privately charted helicopters to their house in the Hamptons, while the analysts (all Ivy league with 3.8+) work 130 hour weeks building macros that create full blown 3 statement models at the push of a button.

Everyone revels in the fact that their job was so much harder to get into than everyone else and the glow of superiority around the entire office is enough to power one of the neighboring boroughs.

In all actuality, it's just a job. You have smart people, you have generally capable people, and you have not-so-capable people. These people have different GPA's from different schools and it doesn't always align itself in that order...

 
mrlover1:
yeah hr makes a folder out of everyones resume and gives each summer analyst. most of the people that don't have their gpa's listed are the mostly returning people. they have worked at the bank since sophomore year. the response to this thread is so funny with someone that hasn't stepped into a bank calling it bullshit. keep on feeding from online sources and keep thinking to yourselves that banking is quantum physics. You'll never get anywhere. I'm going to post the remaining gpa's prob tomorrow. keep in mind i'm going page by page and i haven't even gone a qtr way.

Well, I called it bullshit and I have stepped into a bank. Actually, I've stepped into almost every bank on Wall Street for internship or full-time final round interviews. And I spent 10 weeks interning at a bulge bracket bank, and attend an ivy where a lot of my friends interned at other banks, so I've seen quite a few resume books.

I have the resume book from the place I interned at sitting right here. I'm not going to post it though, since I see no need to self-identify the place I worked at this summer. But I can tell you, it looks better than the stats you posted up there. Yes, we have some people from non-targets with low GPAs, but only a very few people who are both non-target and low GPA, whereas you have a substantial number of such people in the list above AND a substantial number of people without GPAs listed and that's what makes your list so highly unusual for a BB. The only people in my summer class without GPAs listed on their resumes were in SEO (I believe SEO doesn't allow their interns to list their GPAs on their resumes when they send them to banks for the resume book). It makes no sense that there are so many people without GPAs listed...these are not "returning" interns..come on..how many people have summer internships at BBs before their junior year?

I have no idea why people keep trying to justify hiring non-targets with low GPAs by saying that banking isn't hard. I agree banking isn't hard work..but the reason banks prefer to hire "smart" people (aka ivy grad with high GPA) is because they are able to do the work quickly and correctly, and learn very quickly. And yes, there are plenty of instances where higher and creative thinking is required in ibanking...it's not all monkey work.

 

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