So what is it really? Writing CFA Level 1 in June 2010. What’s the typical gpa cutoff for ib interviews here? Tell me a joke related to investment banking? I know that in investment banking, the consensus is that a gpa that of under 3.5 will generally get you dinged, but I was wondering if that is a hard cutoff. I have a gpa around 3.45 and I'm a mathematics and chemistry major. Part 6: Ok I meet the the above criteria, or I'm a minority (not asians though you don't count), or I'm a girl, now what? How about for experienced hires? 5 comments. I think it would be something like Abu Dhabi and Dubai. 75% Upvoted. May we wish you all the best in your search for another opportunity. Are all recruiters on WSO FAT LIERS? This is a pretty accurate representation of how the recruiting process works. Assuming GPA is higher than 3.5 --> experience is infinitely more valuable. I myself scan through 3 things -- school, ECs (plus if you're a varsity athlete), and work experience, then a quick glance to make sure your GPA is there and it's reasonable (i.e. If you have anything near what could be considered a low GPA, you need to have a prepared explanation for why your GPA is low. At this point in the process, your GPA is what it is, so I would suggest you put any thoughts about cut-offs or averages out of your head and just focus on what you can control (which is networking). (Originally Posted: 09/21/2013). People put too much focus on the GPA. I would focus on Houston banks and as previously mentioned middle market or boutique banks, not that buldge brackets will be impossible. You people don't want to work in investment banking. Sort by. Beyond those methods, your best bet is to go above HR, and work the professional network. New comments cannot be posted and votes cannot be cast. Unfortunately, the internship didn't go well. Getting around GPA Cutoff (Originally Posted: 01/18/2010). If over 3.5 toss it into "interview" pile, if it's under, auto reject (without even looking at previous experience or other stuff). A 3.7 is probably achievable with 3.9's and above in your next couple of semesters. During my ECM internship, the minimum was 9 am to 10pm - 11pm and the max I did was 9 am to 4 am (it happened some times). If you have 3.5 or less, you better have strong connections or work experience. New comments cannot be posted and votes cannot be cast, A subreddit for students, faculty, staff, and alumni at The University of Western Ontario in London, Ontario, Canada. Had the unhealthiest lifestyle I'd ever seen. The unofficial subreddit for the University of Alberta. This is WSB not r/feels, Breaking into Wall Street - good technicals but don't buy anything, everything you need to know is available online for free. "professional" = anything in fortune 500, banking, consulting, IT @ F500, accounting, back office even...there's probably more I did not mention or will the school still be seen as a target for online apps, etc? CLEARLY, all of those statements contradict each other! They ask for HBA1 grades as soon as you have them, but interviews are often determined prior to receiving those grades. Give 80% work to MDs who are being let go next quarter and 110% to MDs who land all the big deals. People suck at estimating how much time they spend working. How do you do laundry, or clean the apartment, you probably don't even have time to take a shower. Internships in accounting or finance help a lot, especially if you have a lower GPA. So the current most widely accepted fact about the way they sort through resumes is: Toss out cover letter; Look at GPA. Got an offer from a BB with a 3.3 non-target. The great GPA gets you into the first interview but it is hard to standout beyond that without some kind of "professional" internship on the resume. Family trouble (illness or death in the family), Difficulty adjusting to college / workload at beginning of college, 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF, Elite instructors from top BB investment banks and private equity megafunds, Includes Company DB + Video Library Access (1 year).