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11-20-2007, 01:38 PM
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#16 | | Member
Join Date: Apr 2007 Location: Lovett, EOLRRF!
Posts: 565
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undefined is kinda right that you don't NEED to go to a top b-school. However, the path is much, much more difficult. I know one guy who was in UT's business honors program with a 4.0, and the first question his interviewer asked him was "Why should I hire you over a 3.8 from Harvard?"
You need to work really hard and network like crazy just to get an interview, and once you're in there, you have to prove that you'd be better for the job than the ~20 other ivy kids all competing for the same position. Not impossible, but quite difficult.
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11-20-2007, 02:51 PM
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#17 | | Member
Join Date: Jan 2007
Posts: 861
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^^^stating the obvious....you dont need a 4.0 to get into Harvard but the closer you are to that 4.0 the better your chances... and No one said you need to go to a top business school to get into Banking...however as i said in another thread
Trust me...I'm sure some kid will write about a "cousin's boyfriend's sister's husband" who went to a non-target and is now working at BCG, Goldman,Lazard, Mckinsey, or the likes.
Of course I think truly great individuals will shine through anywhere. However hate to break it to you but, since people of epic intelligence and drive still want these jobs and are willing to fight like dogs for them, you've gotta make the investment of time and effort to be able to rock the Ivy on the resume. Read a paper on the signaling theory of education, it's a pretty compact argument.
Cruise around some of the Ibank websites. Or take a look at some of the Ibank intern resume books. ( Ill send you the ones I have) A lot of them have bios; every single one, magna and summa cum from good schools or went to Harvard, Princeton, Yale. Sure, it's pretentious as hell, but apparently there's something valuable about earning that cache.
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11-21-2007, 09:20 AM
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#18 | | Member
Join Date: Oct 2007 Location: NYU
Posts: 403
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oh that would be great if you could send me some...i'd love to read them!!
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12-05-2007, 09:49 PM
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#19 | | Junior Member
Join Date: Apr 2006
Posts: 273
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would a 3.5 from duke, decent connections and a summer's of work experience on buy side be enough?
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12-06-2007, 03:12 AM
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#20 | | Junior Member
Join Date: Jan 2007
Posts: 63
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I got an offer last summer with a 3.02 GPA...
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12-06-2007, 09:45 AM
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#21 | | Member
Join Date: Nov 2005
Posts: 738
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Yes, but I'm sure you'll agree that's not the norm.
A 3.5 is fine if you're applying to firms that recruit on your campus.
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12-06-2007, 12:23 PM
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#22 | | Junior Member
Join Date: Oct 2007
Posts: 110
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Plus, EECS a 3.02 at a school like JHU doesn't eliminate you as it normally would if you went to another school. These firms are smart. They know schools like hopkins and UChicago are tough because of grade deflation.
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12-06-2007, 07:49 PM
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#23 | | Junior Member
Join Date: Jan 2007
Posts: 63
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I'm pretty sure the only reason I got the offer was because during my interview I thought I didn't have a shot (because of my low GPA) so some of my responses were really bold/stupid.
For example, out of the blue one of the interviewers asked me to act like an apple. I did nothing for 2-3 mins, and then she said "well?" and I said "Oh I'm sorry but that was me acting like an apple"
I feel if the company recruits on your campus then anything above 3 is fine. However I would like to point out that I had very strong EC's - not related to banking but time consuming nonetheless ...
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12-07-2007, 01:38 AM
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#24 | | Junior Member
Join Date: Apr 2006
Posts: 273
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what bank was the offer from?
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12-07-2007, 01:40 AM
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#25 | | Junior Member
Join Date: Oct 2007
Posts: 110
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You generally don't disclose that kind of information online due to confidentiality reasons.
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12-07-2007, 03:06 AM
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#26 | | Junior Member
Join Date: Apr 2006
Posts: 273
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oh all right.
can u let me know if it was a bulge bracket or mid market?
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12-07-2007, 03:37 AM
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#27 | | Junior Member
Join Date: Dec 2007 Location: New Haven
Posts: 37
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I think if you're above a 3.5ish, from an Ivy (higher from a diff school), then what matters is what else is on your resume.
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12-07-2007, 09:25 PM
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#28 | | Junior Member
Join Date: Jan 2007
Posts: 63
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what bank was the offer from?
| I'm not comfortable naming the bank, however it isn't as famous/popular as Goldman, MS or JP etc.
It was more on the level of ML, Credit Suisse, UBS etc. Quote: |
I think if you're above a 3.5ish, from an Ivy (higher from a diff school), then what matters is what else is on your resume.
| I think that number depends on the GPA mentioned on the school's recruiting website. Usually as long as you meet their minimum requirements it all boils down to EC's and your interview.
Good luck!!
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12-08-2007, 02:42 PM
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#29 | | New Member
Join Date: Dec 2007 Location: California
Posts: 1
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Generally you want above a 3.5 to get into banking via on-campus recruiting. If your GPA is not that good you can still apply but spread your net very wide... boutiques, middle-markets, you should apply to everything in addition to the usual bulge brackets. You can always transition to a better bank after you do well somewhere else.
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12-08-2007, 08:29 PM
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#30 | | Member
Join Date: Jan 2005
Posts: 865
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i heard ibanking does not require any specific major. so you can major in anything, as long as you have a good gpa, internships, ecs and apply?
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