<p>Maybe you don’t realize this but EVERYONE applying to these types of internships has a great GPA. Unless your Jamie Dimon’s kid, your not gonna get a spot with less that a 3.6, 3.7. GPA is used strictly as a initial weed out of resumes. They take out everyone who GPA is below a 3.5 AND THEN start determining who is going to get the internship. Your GPA is nothing more than a easy way for them to filter people into a pool of potentials. Its not even a first step, more like a preliminary one. Its the rest of the resume that actually gets you in, your leadership activities, work experience, interests, and skills are vitally important to having a shot. I interned at JP and spoke to lots of recruiters who all said this exact thing. To succeed on Wall street takes a special breed of person; competitive, teamwork oriented, result driven, well rounded. You have to set yourself apart from the other 100,000 kids who are ivy league econ majors and stat minors. You have to show the ability to be truly passionate about SOMETHING, ANYTHING. And you have to know how to network. Look up your alumni network for people on wall street. 90% of them would be more than happy to help a fellow chicago kid get a job. If a recruiter knows that you’re able to network, it translates as the ability to build personal relationships with clients and coworkers. The true value of a potential intern can simply not be expressed in terms of a GPA. You’re smart, they know you’re smart, who cares, so is every body else. Ask yourself what else you are…then put that on a resume.</p>