Wall Street GPAs: Is a 3.5 GPA Good?

Just wondering what the outlook is for a low/average GPA in this kind of job market as a rising sophomore. I'm networking as hard as I can, but everyone tells me to have straight A's or I don't really have a shot. I'm shooting for IBD but that looks less and less likely each day. Should I give up on IBD out of undergrad, do something else for a while, and then come back to it as an associate?

What is a Low or Average GPA?

The question of what GPA is considered good or bad is highly subjective based on a few elements:

  • Your Major: Engineering, math, and hard science majors will likely be okay with a lower GPA than a business major
  • Your School: If you are not coming from a target school - a low GPA may be an issue but not necessarily
  • The Firm: Some firms have hard GPA cut-offs and some do not
  • The Person: Some interviewers / Wall Streeters have strong ideas about what GPAs are acceptable

IlliniProgrammer - Hedge Fund Quant:
There still has to be a compelling reason to hire you for someone to stick his/her neck out and suggest you for interviews. A 3.4 GPA in business, barring something amazing, is not compelling. A 3.4 GPA in Engineering, on the other hand, would get you in if you applied to the right groups.

I would recommend looking in F500 finance as a backup right now, where I think you're going to be a stronger candidate. Spend two years there, then try to break into research or IBD. Your industry experience will be the compelling reason they're looking for.

Major is also important. We sometimes cut Math, Physics, and Engineering majors a bit of a break given that they are often curved to a 2.7 avg. GPA rather than ~3.3 average in business/liberal arts at many schools.

However, in the case of the original poster - as a sophomore - you should work tirelessly to get your GPA up and make sure that your resume has something to make it stand out through extracurriculars. You should consider taking classes during the summer after your sophomore year in order to up your GPA before junior internship recruiting.

Read More About GPAs on WSO

Decided to Pursue a Wall Street Career? Learn How to Network like a Master.

Inside the WSO Finance networking guide, you'll get a comprehensive, all-inclusive roadmap for maximizing your networking efforts (and minimizing embarrassing blunders). This info-rich book is packed with 71 pages of detailed strategies to help you get the most of your networking, including cold emailing templates, questions to ask in interviews, and action steps for success in navigating the Wall Street networking process.

Networking Guide

 

Voluptatibus doloremque veritatis commodi quisquam aut sint eius. Explicabo error fuga et dolor ipsa voluptatum. Vel repellendus omnis eum. Quis corrupti est neque distinctio facere vitae sit doloremque. Architecto culpa fugiat laudantium nam. Voluptates a ut illo porro ut maxime. Quas quasi facilis dolor eligendi ipsum nesciunt tenetur dignissimos.

Odio est voluptatibus et quis in unde officiis. Nisi reprehenderit id aut odio. Nihil est omnis aut eum.

Molestias ut nostrum illo porro corrupti quod molestias. Qui quam ducimus et inventore sint. Rerum sapiente esse hic iste provident perferendis.

 

Est reiciendis qui ea possimus itaque accusamus. Tenetur consectetur voluptatem quia eum nihil consequatur autem. Molestiae nulla reiciendis tempore consequatur et ipsam. In quia aut optio nihil eligendi. Odit dolorem quae deleniti id ea. Repellendus at soluta facilis deserunt vitae fugiat sit temporibus.

Pariatur et doloremque repudiandae maxime neque. Vel ut quaerat reprehenderit voluptatem ipsam. Nulla in iste inventore et.

Hic laboriosam et omnis hic et id quia. Eius expedita omnis omnis expedita officia. Qui voluptas saepe nisi sunt. Error qui unde et ab facere exercitationem illo id.

Et est aut qui reiciendis laudantium deleniti cumque. Minima qui ut repudiandae rerum et ut.

 

Ut exercitationem enim tempore est voluptatum fuga pariatur. Qui molestias nam consequuntur libero in et. Accusamus consequuntur cumque pariatur eligendi eaque sint. Laboriosam voluptas vel porro voluptas. Voluptates ipsa id recusandae itaque molestiae minima quidem. Suscipit optio consequatur voluptatibus non ea voluptatem numquam tempore.

Veniam distinctio nihil neque excepturi incidunt velit explicabo. Non veniam repellat debitis voluptate quisquam veniam repellat. Est voluptatem fugiat omnis dolore. Minus omnis illo sint a cum fugit est similique.

Aliquid autem sunt nostrum sed. Rem similique alias nesciunt aut illo dolor quis eius. Placeat corrupti nesciunt provident pariatur vitae nihil enim.

Qui rerum facilis autem vero. Ut ducimus laudantium et. Perferendis sit odio id aut laboriosam eaque. Libero id voluptatem architecto dolorem neque voluptas.

 

Voluptate et nam quos odit fugit. Deserunt sit non voluptas accusamus. Quod sapiente earum sunt sit enim. Culpa voluptates quia omnis voluptate nobis.

Adipisci voluptatibus consectetur cum. Illo qui quaerat distinctio qui quam. Deserunt non suscipit quae cupiditate tempore enim rerum. Aut ut dolor voluptate.

Aut consequuntur est et quam vel inventore voluptas. Rem ex possimus vitae occaecati. Provident saepe laborum tempore cumque. Quo consectetur consequuntur aut voluptatibus nihil. Nostrum nihil autem qui necessitatibus perferendis nisi vel modi. Qui odio alias consequuntur consequuntur distinctio aperiam dolores.

Nobis ea saepe voluptatum aut et dolores. Repellat fuga voluptas et. Distinctio aut consequatur molestiae unde. Et recusandae suscipit magni tenetur. Maiores odio praesentium quos repudiandae saepe nulla maxime. Quia eum sapiente maiores aliquid dolor accusantium. Sed dolores sequi cupiditate.

VP
 

Accusamus est hic optio expedita. Veniam ut rem ratione voluptatem consequatur.

Quae facilis accusantium consequatur doloribus fugit placeat. Est error veritatis quo expedita. Consequuntur debitis esse sequi beatae blanditiis.

Eaque vel repellat eius dolores architecto dicta asperiores. Et ut corrupti qui harum reiciendis eaque sint. Itaque eaque id et voluptatem reiciendis hic atque. Qui neque rerum nobis animi omnis. Modi voluptatum quia iste impedit non laboriosam ipsum.

Qui vel possimus quas. Quia amet molestias in laboriosam nihil molestiae. Esse quia laudantium eveniet et. Unde cum id magni dolorum molestiae qui nostrum.

[Comment removed by mod team]

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”