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There is a little joke in engineering @ my campus
As limit of GPA -> 0
Engineering Major -> Business Major
Now on a side note, I found that in non-engineering fields (Finance/I-banking/Consulting), my engineering degree was valued much greater than other applicant's business degrees. In fact, during a prominent consulting company interview round, I found that all the other business majors had to go through rounds of Case Studies and I on the other hand didn't have to go through any. Hell, even my initial offer was signicantly higher than the other business majors.
My point is that your engineering degree is pretty solid if you want to apply to traditionally finance oriented companies and even though your GPA is lower, it is expected--your coursework is alot harder.
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