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Investment Banking Discussion Thread

Discussion in 'Business, Careers & Education' started by jslade, Mar 9, 2012.

  1. tj100

    tj100 Senior member

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    True, but that strategy at least got you to the point where you could explain yourself.
     


  2. mafoofan

    mafoofan THE FOO Dubiously Honored

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    lol

    Brilliant. This reminds me of a highly spirited internal debate we had over the term "GAAP EBITDA." It went deep into the night.

    So, yes, many junior bankers were nerds in college.
     


  3. Cantabrigian

    Cantabrigian Senior member

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    You didn't answer my question.
     


  4. OmniscientCause

    OmniscientCause Senior member

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    Anyones opinion on putting a trailing 4 semester gpa on a resume in addition to total? I like a few others didn't do so great freshman year. My last 6 semesters I made deans list 4/6 times with a gpa around 3.6. My freshman gpa was low enough to bring me down to 3.2 cummulative.

    And like somone else posted econ majors at my school did not have the luxury of grade inflation as fin/acct majors did. I took plenty of courses in all 3 and econ was by far the most difficult. Lowest grade I had in a Fin class was a B+ most being straight As
     
    Last edited: Oct 5, 2012


  5. Joffrey

    Joffrey Senior member

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    I know it's disappointing. I've been there. But these companies get butt loads of apps of highly qualified or connected candidates. They can't make time for every eager beaver who couldn't cut it in undergrad
     


  6. Dashaansafin

    Dashaansafin Senior member

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    Are you serious? 3.02 at a non target? What were you doing all day at school? We reject kids with 3.7s from Princeton who worked at Moelis, Lazard, etc. etc. with tons of ECs. What makes you think because you had "work experience" you can be excused??
     


  7. CalTex

    CalTex Senior member

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    read the last 15 posts or so and I am not experienced in the field but would it help the OP (guy with the low GPA) if he did some post-bac work?

    Assuming he can keep a 4.0?

    Or possibly get another BS?
     
    Last edited: Oct 5, 2012


  8. aspasp

    aspasp Senior member

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    put your major gpa on
     


  9. OmniscientCause

    OmniscientCause Senior member

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    My major gpa was a 3.4 so better then a 3.2 but the finance classes really pushed my gpa up....was 2 classes away from double majoring but they wouldnt let me take more classes at a time to fulfill it. I know sounds stupid
     


  10. Joffrey

    Joffrey Senior member

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    Or maybe find another obsession
     


  11. Khayembii Communique

    Khayembii Communique Senior member

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    Lol so it looks like this thread has run its course on being useful to me. Thanks for all the tips everyone.
     


  12. chogall

    chogall Senior member

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    nobody at the buyside looks at gaap ebita btw. but im sure its the only way at sellside associated to fudge the model to justify some crazy deal # that your md negotiated.
     


  13. chogall

    chogall Senior member

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    College is the new high school.

    But hey, guess that 3.0 justified my future children should get an engineering degree from cornell instead of places like cal/caltech/stanford. or liberal arts major.
     


  14. Texasmade

    Texasmade Senior member

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    That's because there's no such thing as GAAP EBITDA.
     


  15. mafoofan

    mafoofan THE FOO Dubiously Honored

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    No, there isn't. But there is EBITDA derived from a GAAP income statement. And there is EBITDA derived from a cash-based income statement.
     


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