NYU Stern Undergrad Question

<p>I realize the importance of having good work/internship experience, but how much does a students' GPA matter for those graduating from NYU Stern in terms of placing into the TOP IB and BB companies? Are the kids who get job offers only those who were the superstars in the classrooms and get good GPA's? </p>

<p>Or does GPA not matter as much, and people with 3.0s-3.4's and such also have a good shot at those firms?</p>

<p>Normally to get into the top IBs you need a minimum of 3.5+ w/ good campus leadership positons and a solid demonstrated interest in finance on your resume. The 3.5 is a benchmark that you need to meet to qualify for the Resume Drop. Stern is a target school so kids w/ very high GPAs (3.7/3.8+) tend to get many interviews w/o too much work. </p>

<p>If you have below a 3.5 at Stern you won’t be able to drop your resume for the firms that have the 3.5 GPA cut off through the career center. However many students with <3.5 still get these interviews simply by networking - & this is the beauty of Stern. The opportunity to network is there year-round since you are in the city. If you have <3.5 then not only do you need to network very hard, but you also need a heck of a resume and a compelling reason why your GPA is low to explain during the interviews.</p>

<p>The great part about Stern is that kids with <3.5 will still have amazing job opportunities in finance provided that they took advantage of the city during the four years through year-round internships.</p>

<p>Thanks quertyzxc! </p>

<p>And you seem to know a lot about Stern. Would you mind answering these questions?</p>

<ol>
<li><p>Which companies have the 3.5 cutoff?</p></li>
<li><p>I always hear people saying companies “recruit” at colleges. Does getting “recruited” mean that you’ll most likely get the job once it is offered to you? Or does it just mean you get an interview?</p></li>
<li><p>Rumor has it that its really competitive and difficult to get a high GPA at Stern if you aren’t studying your ass off all the time… Is this rumor true? Or do only the people who slack off/come from lousy highschools say that?</p></li>
<li><p>I come from one of the nations top ranked schools and have a 93 uw (probs a 96-97 if it wasn’t bc of spanish lol) and 1540 sat (800M+740CR). How hard would I have to work to get a 3.7/3.8 or higher?</p></li>
</ol>

<p>Sure no problem.</p>

<p>1) Don’t have a list of all the companies but I believe its JPM, MS, GS, BAML and a bunch of other boutiques you may not currently have heard of. The boutiques will probably be a lot more strict with the GPA cut off and more selective in their process b/c they can’t afford to really make any bad hires. </p>

<p>2) Getting recruited means that the company will come to your school and host presentations & networking sessions and then open up a resume drop just for your school (as opposed to a resume drop online where you are being compared against everyone that applies). Then they will select some of the applicants and interview them and hand out offers based on the interviews. You are not guaranteed anything. If a firm thinks that not a single candidate they interviewed is qualified no offers will be given out, but this doesn’t really happen since there are always plenty of qualified candidates. </p>

<p>3) The rumor is more true than it is false. You don’t have to be studying your ass off all the time but you do need good time management skills and you do have to strategize a little bit. The hardest part about getting good grades in Stern is the Stern Curve. The quality of students is a lot higher than the max percentage of A’s that professors can give out and this leads to tough exams with high averages and you still need to study a fair amount to get the average score which will get you a B. </p>

<p>4) You will still need to put in a lot of effort to get a 3.8+. The trick is to just kill all of your easy classes and establish a decent GPA your freshman year when people kind of underestimate the curve. The fact that you come from a top ranked school in the nation is negligible since the majority of students here are from top ranked schools and there will be plenty of brilliant international students blow you out of the water.</p>