Assessing My Chances with My Current GPA
Hello! I’m a freshman at Johns Hopkins University with a current GPA of 3.67 (though I’ve rounded it up to 3.7 on my resume). I expect to maintain around a 3.7 when I apply for junior summer internships. I’m majoring in Biomedical Engineering and either pursuing a double major or a minor in Economics (would that minor be a disadvantage?).
This summer, I have secured an unpaid consulting internship, and I’m also involved in research in Economics. Additionally, I hold a board position in the finance club.
I would greatly appreciate any advice! With a 3.7 GPA from a semi-target or non-target school, do I face challenges in accessing top bulge bracket firms? Should I seek off-cycle internships this winter in roles like private equity or any other area to gain experience?
I’ve done some networking and have formed some meaningful connections. For instance, I’m in discussions with a VP at Goldman Sachs (an alumnus from my university) who has been incredibly supportive, and I know several friends who have full-time offers at JPMorgan and Morgan Stanley.
My primary questions are: Is my GPA (3.67) competitive enough, and what other steps should I take to enhance my profile? What advice would you give to your past self?
Thank you for any guidance! I hope to one day offer support to others in return.
One response
Your GPA of 3.67 (especially if it trends upward to 3.7) is quite solid, particularly for a university like Johns Hopkins, which is well-regarded even if it isn’t considered a traditional “target” for investment banking. While top-tier bulge bracket firms often have high GPA cutoffs (like 3.5 or 3.6), they also factor in the overall context of your application, including experience, networking, and your personal narrative.
Here are some thoughts on your questions:
GPA Competitiveness: A 3.67 from Johns Hopkins shouldn’t automatically screen you out. While GPA is an important metric, firms look for well-rounded candidates. Your involvement in unpaid consulting, research in Economics, and leadership in the finance club can help complement your academic credentials.
Double Major/Minor: Pursuing an Economics minor could actually enhance your profile, particularly for a double major in Biomedical Engineering. It shows a strong quantitative background along with a broader understanding of market dynamics. Just ensure your course load remains manageable and doesn’t negatively impact your GPA.
Internships: Gaining any type of relevant experience is crucial, so pursuing off-cycle internships in private equity or other finance-related fields could definitely be beneficial. They can provide valuable insights into the industry and help you build additional skills and connections.
Networking: Continue nurturing the relationships you’ve built. Having a VP from Goldman as a connection is a huge asset, and maintaining these relationships will be key as you navigate the recruiting process. Make sure to express your interest in their firm and seek their advice on the recruitment process.
What to Work On: Continually develop your technical skills (Excel, financial modeling, etc.) and stay updated on market trends. Participating in case competitions or finance-related projects can also bolster your resume. Additionally, consider seeking leadership positions or responsibilities that showcase your initiative.
Advice for Your Past Self: Focus on holistic development—not just grades. Engage in extracurriculars, seek mentorship, and take on challenges that push you out of your comfort zone. Hard technical skills are important, but so are soft skills like communication, teamwork, and adaptability.
In summary, you’re in a good position, and with continued networking, relevant experience, and a strong application strategy, you shouldn’t feel discouraged about your GPA in relation to BB opportunities. Keep pushing forward, and best of luck!