MedVision ad

is it possible to get into an IB with pass-credit GPA? (1 Viewer)

dexst8r

New Member
Joined
Apr 5, 2008
Messages
26
Gender
Undisclosed
HSC
N/A
has anyone got into an IB with pass or credit average?and is itz possible to get in with pass average if your extracurricular is the best?
 

geetarjoe

Member
Joined
Feb 9, 2007
Messages
67
Gender
Male
HSC
N/A
Credit average? Very big maybe if you've done something extraordinary in your extra-curriculars. Especially hard in this market.

Pass average? No way, not a chance.
 

RIZAL

Member
Joined
Sep 21, 2002
Messages
531
Location
Sydney
Gender
Male
HSC
2010
One of my best mates got in with a pass average and a 'non target' degree. And not just into any area either, FX trading in EDIT.

EDIT: ************

If you don't have connections, you can forget about it.
 
Last edited:

velox

Retired
Joined
Mar 19, 2004
Messages
5,521
Location
Where the citi never sleeps.
Gender
Male
HSC
N/A
Workmate had a Credit av in double degree from unsw and got several interviews. Extra curic nothing special but was over 70av.

Optiver takes wholesale traders with a CR average. Their prop trader requirements are a D average though.
 

Rorix

Active Member
Joined
Jun 29, 2003
Messages
1,818
Gender
Male
HSC
2005
For IBD, credit its possible, pass I'd imagine not.
 

Ralph

The Don
Joined
Feb 10, 2004
Messages
140
Gender
Undisclosed
HSC
N/A
dexst8r said:
has anyone got into an IB with pass or credit average?and is itz possible to get in with pass average if your extracurricular is the best?
*#Ck no! try putting your resume in at macdonalds
 

Newbie

is a roflcopter
Joined
May 17, 2003
Messages
3,670
Gender
Male
HSC
2003
i think it was possible with a credit average but with the current markets no.

and extracurricular would have to be standout, legitimate and leadership based; ie president of law society or finance society or a society you didnt create in your penultimate year for recruitment purposes.

best of luck with the upcoming interview season everyone
 

billbro

Member
Joined
Feb 6, 2004
Messages
250
Location
Sydney
Gender
Male
HSC
N/A
dexst8r said:
has anyone got into an IB with pass or credit average?and is itz possible to get in with pass average if your extracurricular is the best?
I highly doubt you would be much of a chance even with a credit average. The IB interns I know all have marks in the HD range and extracurricular activities. You might make it to the assessment stage... but considering the number of rounds and the calibre of the candidates I don't think there is much hope.
 

3li

Member
Joined
Mar 1, 2006
Messages
220
Gender
Undisclosed
HSC
N/A
wtf

they dont really look at ur avg afta u get a first round. the first screening process cuts out all the dropkickcs so if u get thru that based on ur cv and transcript then fromt hen on its all performance based.

there are several cr avg ppl in ib so its opossible. but some banks will cut out any lower than 75 in their screening for e.g. but overall there are still opps for cr avg so dont say that
 

billbro

Member
Joined
Feb 6, 2004
Messages
250
Location
Sydney
Gender
Male
HSC
N/A
3li said:
wtf

they dont really look at ur avg afta u get a first round. the first screening process cuts out all the dropkickcs so if u get thru that based on ur cv and transcript then fromt hen on its all performance based.

there are several cr avg ppl in ib so its opossible. but some banks will cut out any lower than 75 in their screening for e.g. but overall there are still opps for cr avg so dont say that
If you make it through it through the first round, then it is true that your academic performance is not really an issue. However, with the number of high quality candidates vying for those positions with similar skill sets, any differentiating factor will impact on the outcome - this obviously includes marks. Also, which IB you apply for is going to have an effect on the requirements necessary to be competitive.
 

youngone

Member
Joined
Jun 7, 2006
Messages
35
Gender
Male
HSC
2006
just a quick qu, are the avgs based on your entire degree or just ur commerce subjects. i ask coz im studying comm/law with a HD avg in comm but only a D avg when you combine both comm and law marks
 
Joined
Feb 7, 2005
Messages
665
Location
Sydney
Gender
Male
HSC
2005
Omnidragon said:
ah why would you want to get into an IB...
If you haven't figured it out, most of the young (i'll say it asian), go-getter, my-distinctions-distinguish-my-life posters in the commerce/business forum suffer from an epic superiority complex. Working at an IB (despite the public view of people that work at IBs) intends to counter this.
 

DexJnr

Member
Joined
Aug 27, 2008
Messages
58
Location
Sydney
Gender
Male
HSC
N/A
DigitalFortress said:
If you haven't figured it out, most of the young (i'll say it asian), go-getter, my-distinctions-distinguish-my-life posters in the commerce/business forum suffer from an epic superiority complex. Working at an IB (despite the public view of people that work at IBs) intends to counter this.
ha, that's a bit harsh mate and a sweeping statement..

not most but 'some'.
 

Omnidragon

Devil
Joined
Jan 4, 2005
Messages
935
Location
Melbourne
Gender
Male
HSC
2003
Uni Grad
2007
DigitalFortress said:
If you haven't figured it out, most of the young (i'll say it asian), go-getter, my-distinctions-distinguish-my-life posters in the commerce/business forum suffer from an epic superiority complex. Working at an IB (despite the public view of people that work at IBs) intends to counter this.
hahahahaha well said
 

MasterPUA

Member
Joined
Jul 8, 2008
Messages
83
Gender
Undisclosed
HSC
2007
DigitalFortress said:
If you haven't figured it out, most of the young (i'll say it asian), go-getter, my-distinctions-distinguish-my-life posters in the commerce/business forum suffer from an epic superiority complex. Working at an IB (despite the public view of people that work at IBs) intends to counter this.
I'd say that it's an epic INferiority complex. For these individuals, their sense of worth is tied to a transcript and a looming job offer.

This formulaic path in life is well documented by psychologists. IB wannabes have deluded themselves into believing that a particular job will give them the permission to behave in a certain way. I.e. they feel that the 6 figure salary and apartment gives them permission to act with confidence. These are the people who can get the girl but never keep the girl, because they do not have one iota of real confidence or ego.

The true guns at my bank are the people who have separated their sense of worth from their job. They do it purely for the love of the game.
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top