Lateraling with a low GPA

I recently graduated, and I'm currently going through the interview process with a small boutique bank. some former analysts have gone to BBs and EB after a year or two. The only problem is my gpa is terrible. I have a 2.9 from a non target. had a bad experience freshman/sophmore year which I ended with a 1.5, but I grinded my way back up, getting all As in my finance classes and making deans list etc. 
I have a good resume, internship experience in research and management consulting, and I have had no problems getting interviews if it doesn't come up. I was able to convince these guys to look past my gpa and got another round after an intro screen.

Eventually I would like to lateral cause this bank does M&A in an incredibly boring industry, and I don't want to spend 2+ years doing that. 

is GPA a factor when it comes to lateraling to a bigger bank? 


Comments (5)

Most Helpful
  • Analyst 3+ in IB - Cov

Na it won't matter. I myself had a terrible GPA, way way under 3.0 and currently at a MM and had an official offer in hand from a top BB (Jpm, GS, MS) to lateral over. All they care about after a year is that you have some experience and can do the job. Just do the best you can now, learn as much as you can and if spots open up at bigger banks, you'll be solid.

  • Intern in IB - Gen

does gpa matter during PE recruiting, i go to non target compsci finance major 3.0 gpa, will be working at ms/gs/jpm next year at a sloid group

  • Analyst 1 in IB - CB

Delectus molestias suscipit porro praesentium. Aliquid et dolorum nihil. Quia aut voluptate dignissimos a occaecati architecto asperiores quia.

Start Discussion

Total Avg Compensation

December 2022 Investment Banking

  • Director/MD (10) $613
  • Vice President (38) $392
  • Associates (220) $255
  • 2nd Year Analyst (139) $163
  • 3rd+ Year Analyst (19) $160
  • 1st Year Analyst (466) $153
  • Intern/Summer Associate (88) $151
  • Intern/Summer Analyst (337) $92