Comments on: How to Overcome a Low GPA in Investment Banking Interviews https://mergersandinquisitions.com/low-gpa-investment-banking/ Discover How to Get Into Investment Banking Wed, 04 Jan 2023 12:04:25 +0000 hourly 1 https://wordpress.org/?v=6.2.2 By: M&I - Brian https://mergersandinquisitions.com/low-gpa-investment-banking/#comment-773140 Wed, 21 Dec 2022 19:06:23 +0000 https://www.mergersandinquisitions.com/?p=26596#comment-773140 In reply to Maria.

You can theoretically get into IB with a 3.1 GPA, but it will not be easy, and if you’re not at a top target school, it will be even harder. Internships and networking always help, but there are still some limits, and if yours were all in China/HK, banks in places like the US and UK will tend to discount the experience a bit.

My recommendation here would be to aim for something a bit less competitive, like corporate banking, work there for a few years, and use your experience to make a lateral move into IB. Your GPA will be less of an issue at that point because bankers will focus more on your deal/client experience in CB.

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By: Maria https://mergersandinquisitions.com/low-gpa-investment-banking/#comment-773093 Wed, 21 Dec 2022 00:38:05 +0000 https://www.mergersandinquisitions.com/?p=26596#comment-773093 Hi Brian,
My story may be really harsh… I experienced my self-reflection and reconstruction during my university four years. However, it truly affects my GPA and I only got a cum GPA of 3.13. Do I still have any possibility to get an internship position in the top investment banks? I created my own data analysis and stock projection project with LSTM, and I have dual degree with finance and psychology. Will these things kind of compensate my low GPA? My undergraduate school is TOP 50 based on US. News. Also, I worked in three companies for internship which are well-known in China mainland and HK. I really understand that my GPA will be a difficult problem, but I also want to acquire more info now so that I can decide what I should in the next step…

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By: M&I - Brian https://mergersandinquisitions.com/low-gpa-investment-banking/#comment-767175 Mon, 24 Oct 2022 03:12:47 +0000 https://www.mergersandinquisitions.com/?p=26596#comment-767175 In reply to Tsemaye Kekema.

Yes, or also list your undergrad GPA.

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By: Tsemaye Kekema https://mergersandinquisitions.com/low-gpa-investment-banking/#comment-766349 Mon, 17 Oct 2022 13:19:56 +0000 https://www.mergersandinquisitions.com/?p=26596#comment-766349 I am an Msc Finance Student and first semester exams have not come up based on which an initial GPA can be generated. Is it advisable to put an expected GPA behind my Msc in the banking applications I am sending at the moment?

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By: M&I - Brian https://mergersandinquisitions.com/low-gpa-investment-banking/#comment-759294 Tue, 30 Aug 2022 23:10:06 +0000 https://www.mergersandinquisitions.com/?p=26596#comment-759294 In reply to Ben.

With a GPA in that range and a “top 40 school” (by which I assume you mean something in the bottom of the top 40), you don’t have a good shot at IB roles unless you can greatly improve your GPA and/or do a ton of networking very quickly, well in advance of when summer internship applications open (typically a year or more before the internships begin).

If you cannot do that, then yes, you should focus on other roles for now. Corporate banking, Big 4, independent valuation firm, the list goes on. I assume that you are also not a 1st year student in university, which makes this even harder (due to the speed and early start dates of the recruiting process).

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By: Ben https://mergersandinquisitions.com/low-gpa-investment-banking/#comment-759251 Mon, 29 Aug 2022 17:15:45 +0000 https://www.mergersandinquisitions.com/?p=26596#comment-759251 Hello Brian,
I’m a current student at a top 40 school in the US, majoring in mathematics and finance. I currently have a 3.24 gpa, with internship experience at a hedge fund and in incubator as a data analyst. I want to apply to investment banking roles for when I finish college, do you think that with that GPA I have enough or should I focus on other jobs?

Thank you!

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By: M&I - Brian https://mergersandinquisitions.com/low-gpa-investment-banking/#comment-753232 Wed, 20 Jul 2022 19:38:45 +0000 https://www.mergersandinquisitions.com/?p=26596#comment-753232 In reply to Ernest.

My guess is that your actual problems are your GPA and university. GWU is not a target school, and your GPA is below the minimum level that most banks want to see, so you’ll have to fix or overcome those to have a good chance.

Since you cannot “fix” those quickly, you will probably have to network aggressively and focus on smaller banks at this stage. The LatAm experience hurts you a bit, but the major issues are your GPA and university.

So… I would start by going on LinkedIn and/or your alumni network and reaching out to bankers at mid-sized-to-smaller firms to set up informational interviews and ask about recruiting for summer internships next year. The process moves very quickly now, but you can still find various firms that will recruit into the fall.

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By: Ernest https://mergersandinquisitions.com/low-gpa-investment-banking/#comment-752258 Wed, 13 Jul 2022 19:36:11 +0000 https://www.mergersandinquisitions.com/?p=26596#comment-752258 Hi Brian, I’m a undergraduate student at GWU with a 3.11 Overall GPA & a 3.3 major GPA graduating in May 2024. I have been applying to name bank IB junior year internships and have been either rejected or ignored by firms. I have a strong resume but all my work experience has been in Latin America, where I am from, although I am a US citizen. I am really hoping to get an IB internship for summer 2023 in order to break into IB. What do you suggest I do to increase the chance of getting an IB internship?

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By: M&I - Brian https://mergersandinquisitions.com/low-gpa-investment-banking/#comment-745151 Wed, 08 Jun 2022 18:31:08 +0000 https://www.mergersandinquisitions.com/?p=26596#comment-745151 In reply to Madhav.

If you are already that successful on your own, there is really no reason to join a bank or any other normal company. Just keep investing and growing your capital. If you don’t like Indian culture and attitudes toward wealth/professions/status, leave the country.

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By: Madhav https://mergersandinquisitions.com/low-gpa-investment-banking/#comment-742753 Wed, 01 Jun 2022 20:45:14 +0000 https://www.mergersandinquisitions.com/?p=26596#comment-742753 In reply to M&I – Brian.

I have a poor high school GPA and a decent one U.G GPA, but I’ve been researching and investing in equity since sixth grade and now I’m going to turn 21 next year and have making big six-figure gains from investing. Private equity is my game, and I’m writing a book about it and Founded a real estate marketing company. Should I strive hard to get into banks, or should I simply be a retail investor since I wanted to work at a well known bank to satisfy my parents and society. Being an entrepreneur in India is difficult. Even attaining results and gaining money isn’t enough for Indian parents since we as Indians cherish high-level positions (which is not wrong in any way). I prefer my present work and equity investment and because of it I can afford all of the extra luxury and posh things  that just a few 20-year-olds can. My family is constantly pressuring me to acquire a job in the government sector or banking sector. What jobs can I acquire at a bank if I have investment skills?

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