<p>Yes, but I'm sure you'll agree that's not the norm.</p>
<p>A 3.5 is fine if you're applying to firms that recruit on your campus.</p>
<p>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.</p>
<p>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.</p>
<p>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" </p>
<p>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 ...</p>
<p>what bank was the offer from?</p>
<p>You generally don't disclose that kind of information online due to confidentiality reasons.</p>
<p>oh all right.</p>
<p>can u let me know if it was a bulge bracket or mid market?</p>
<p>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.</p>
<p>
[quote]
what bank was the offer from?
[/quote]
I'm not comfortable naming the bank, however it isn't as famous/popular as Goldman, MS or JP etc.</p>
<p>It was more on the level of ML, Credit Suisse, UBS etc.</p>
<p>
[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.
[/quote]
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.</p>
<p>Good luck!!</p>
<p>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.</p>
<p>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?</p>
<p>^In short, yes you can major in whatever you like AS LONG AS you have strong quantitative and analytical skills.</p>
<p>excellent. </p>
<p>would you suggest i take a job this summer working for a midmarket buy side firm?</p>
<p>*eventual goal is an internship at a GS/JPM/Citi caliber bank during summer after junior year.</p>
<p>Yeah, absolutely. I don't know why anyone would want to work at Citi though, they are really struggling with the credit crisis.</p>
<p>i heard rumors that of those three only GS would be giving substantial bonuses as the others were all in the red for that year. but then it turned out that bonuses were at a record high. </p>
<p>so does that imply citi's bonuses were lower than the others?</p>
<p>Would a 3.5 from WashU's undergrad B school work for a summer internship with GS?</p>
<p>Double Majors Finance/Econ.</p>
<p>The hard part is getting the first interview...Then nothing matters except how you come off, and that's all on YOU. Of course, I can't speak too loudly since I'm barely a sophomore and have no Ibanking experience. Still...I've got two for sure interviews lined up next month (SEO and JPM. Still waiting on Lehman and GS), so I must be doing something right.</p>
<p>And to answer your question, I think your stats are fine</p>
<p>I know a few former i-bankers, and they all said the same thing: how you connect with the interviewer gets you further than what GPA/skills you necessarily bring to the table. One guy said that his being a fan of the Red Sox (I think?) was more important than his finance classes.</p>
<p>It just goes to show you how much YOU matter in the interview. Who wants to hire a jerk?</p>
<p>I'm a Comm. Major with a Business Administration minor at the University of Delaware. I have a 3.53 cumlative GPA. I know alot of companies in investment banking have laid of employees. Whats my chances of obtaining a summer analyst position with a frim like Credit Suisse in NY?</p>
<p>about the same as me getting promoted from an sa to managing director right after the summer. </p>
<p>seriously though, i think its really difficult if you're not at a target/don't have alums on the street that you can reach out to. </p>
<p>best advice would be to do something interesting, then try for a solid m.b.a. program</p>
<p>good luck</p>