FAQs
Your undergraduate GPA is still important! Most banks, including bulge bracket banks and elite boutiques, still consider GPA during recruitment and expect it to be featured on your resume. These banks often filter candidates based on GPA, typically favoring those with a GPA above 3.5.
Does college GPA matter for investment banking? ›
The typical investment banker has a graduate degree in business from an Ivy League school or other top-tier university and superior educational credentials [i.e., excellent grades (minimum 3.50 GPA), active participation in business and investment clubs, and participation in at least one internship or summer program at ...
Is a 3.7 GPA good for investment banking? ›
GPA cutoffs vary by bank and by year. However, our users shared that between a 3.5 - 3.7 GPA will likely be okay coming from a target school. Coming from a non-target school it can be more difficult. However, there are always exceptions to the rule that can be made for candidates with great stories or connections.
Does undergrad matter for investment banking? ›
University degrees will continue to be required for jobs in finance, especially in the most competitive fields, such as investment banking and private equity. You are interested in a finance career, but you also want a good “Plan B” in case you graduate during a market crash or recession, or you decide against finance.
What is the target GPA for investment banking? ›
This is pretty simple - investment banks want to hire people with good grades in school. The closer you are to 4.0, the better. Anything 3.7 or above is considered a good GPA, and you probably won't get questioned about it.
What is the minimum GPA for BlackRock? ›
BlackRock will provide an annual expendable gift to fund two cost of attendance scholarships each year for undergraduate students with significant, demonstrated financial need who have successfully completed their first year of study with a minimum 3.0 GPA on a 4.0 scale.
What GPA does Goldman Sachs want? ›
Currently, a GPA around 3.7 is often preferred for interviews at large banks, while elite boutiques and bulge bracket firms like Goldman Sachs and Morgan Stanley may look for a GPA of 3.8 or higher. The average GPA of successful candidates often hovers around 3.85.
What GPA do you need for JP Morgan? ›
A: We value diverse degree backgrounds and experiences and while a GPA 3.2 (or equivalent) in your undergraduate degree is preferred it is not required. Our training programs are designed to allow everyone, regardless of major studied to succeed.
How to break into investment banking with low GPA? ›
Most online advice on this topic tells you to “network intensely” or “use your activities and work experience to compensate for low grades.” Yes, sure, that's all well and good… but even if you do that, you'll still need a cover story to address your grades and explain why they don't represent your potential.
Should I put a 2.9 GPA on my resume? ›
Once you have a few years of professional experience, your undergraduate schooling diminishes in importance. If you're still bragging about your GPA when you're 40, it might seem a little odd. So what are the general rules of thumb? Only put your GPA on your resume if it was 3.0 or higher.
For those seeking a career in investment banking, a bachelor's degree in finance is a prerequisite. Other potential acceptable majors include bachelors in economics or bachelors in business supplemented with a minor in finance.
What college do most investment bankers go to? ›
Investment banks tend to recruit from a variety of top universities, but some of the most common recruiting schools include Ivy League universities such as Harvard, Princeton, and Yale, as well as other prestigious universities like Stanford, MIT, and the University of Chicago.
Do investment banks care about your major? ›
Interviewers look at a resume top-down. The university name is on the first line and the major is on the second line. A business major is not required as banks want diverse analyst classes and open themselves to all majors. However, the vast majority of bankers are finance or economics majors.
What GPA is too low for investment banking? ›
Yes, GPA matters! Bulge bracket banks and almost all other investment banks will look at your GPA when applying for a job and you should include it in your resume. Typically banks screen resumes based on GPA and will often remove anyone below 3.5.
What GPA do I need for Blackstone? ›
Requirements: You must be attending Hight School or an accredited university as a full-time student, or have graduated from an accredited university within the past six months. You must maintain a minimum 2.5 GPA.
Do investment banks only hire Ivy League? ›
Three of the top schools that investment banks consistently interview and hire from include the University of Pennsylvania, New York University, and the University of Michigan at Ann Arbor. Beyond the top schools, the Ivy League schools, such as Harvard, are also key spots that investment banks look to hire from.
Is a 3.6 GPA good for finance? ›
The GPA that qualifies you best for a high waged role in the finance and economics industry is generally 3.5+. Otherwise, when less than 2.5, it doesn't qualify you for a noteworthy career position.
What GPA do you need for investment banking engineering? ›
Majoring in something different is not an excuse. If you can't learn the material independently, you don't have the discipline and drive required to get in. 2) Yes, you still need good grades (2:1 or above in the U.K., or 3.5 or above in the U.S. – and probably closer to 4.0 if you're at a non-target school).
What GPA do I need to be a financial analyst? ›
Minimum GPA: Minimum cumulative 3.3 GPA required, 3.5 GPA preferred. Certifications: All are optional: Chartered Financial Analyst® (CFA), Certified Public Accountant® (CPA), or MBA.