So basically, now would definitely be a good time to start studying. Business Insider interviewed a former Goldman Sachs analyst, and he dropped a truth bomb that no one wants to hear.
In the dog eat dog world of Wall Street, you have to do everything you can to stand out among the crowd. In 2015, Goldman Sachs had 59,000 applicants for roughly 2,900 summer intern positions. So, yeah, the odds are not in your favor (or however that Hunger Game quote goes).
According to the analyst, grade point average is “the first thing you look at on the résumé, and it should be 3.6, preferable 3.7 or higher.” Well, there goes ya boy’s promising future as a Wall Street investor. Looks like I won’t be getting a job at Goldman Sachs anytime soon.
The analyst seems to get how real it is out here, even offering advice on how to make your GPA, seem more, uh, respectable. “Show it to 2 decimals if the decimal is under 5,” the person said. “But if the second decimal of the GPA is over 5, round to the nearest 10th.” What he’s basically saying is that if your GPA is 3.83, don’t round down. But if it’s 3.65 or 3.66, then round up and show it as 3.7.
So go out there and grind people.
To read more of the financial analyst’s resume tips, check out the full Business Insider article here.
Bad News People, Wall Street Says The Most Important Thing On Your Resume Is Your GPA
