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<p>Yes, if you get a good GPA you are most certainly NOT guaranteed a job in finance/consulting. It will only get you interviews (assuming you have other notable things on your resume to highlight), and after you get the interview, whether or not you get the job depends on your personality and your ability to answer technical questions. </p>
<p>Plenty of people have a good GPA, esp. considering that Penn and Cornell CAS both have an average GPA of at least 3.3/3.4 (I don’t remember the source, but you can search the forums, avg. gpa at cornell has been discussed before). You are by no means guaranteed a job in these areas.</p>
<p>However, I do think more high-end finance/consulting companies recruit at Penn… So you would have a better shot getting into one of these companies from Penn than from Cornell. For instance, McKinsey doesn’t even come to Cornell to do interviews – you have a very low chance at getting into McKinsey from Cornell (you won’t even be able to get an on-campus interview!). At least at Penn, you can do a resume drop and POSSIBLY get an interview.</p>