Anonymous User wrote:Anonymous User wrote:Anonymous User wrote:Does anyone know whether grades are still in question during the callback stage? Is it fair to assume that if a firm thought my grades were too low they would just not give me a callback?
I ask because I seem to be out-performing my grades in terms of the callbacks I've been getting and am wondering whether I still have less of a chance of converting these callbacks into offers than someone with higher grades.
I would posit that grades are almost certainly in play with the exception of S&C which had nearly 100% offers to those it called back last year. Other firms extend offers to approximately 50% of those they call back (obviously the 50% figure is approximate). Presumably, grades would continue to be a factor... If you got a callback, it merely means that (1) you meet the grade cut-off (e.g. your grades do not make it impossible for you to get an offer) and (2) the interviewer who screened you thought you were a viable candidate based on personality.
So for firms which have offered around 50% or less to Stones, would median grades hold me back at the CB stage?
You are posting anonymously, so you might as well mention the firm that way someone can look at the actual statistics...
Obviously, median grades make you a less attractive candidate than someone with top quartile grades. That said, you may have better work experience or be a better "fit" for the firm in terms of personality. If you got a callback then the screener obviously thought you were a viable candidate. You were a more viable candidate than some people with better grades (e.g. Stones) who did not get callbacks. If 75% of a firm's offers go to Stones then you obviously are competing for fewer slots (e.g. the 25% of offers that go to non-Stones). However, it's very likely that fewer non-Stones received callbacks, so you are competing with fewer people for those fewer slots.
There is no mathematical formula. Obviously, grades are a factor. No one is going to assuage your anxiety and tell you grades don't matter. They do. However, you obviously overcame your grades and got a callback. Therefore, there is obviously something attractive about you. Go into the callback with confidence and do the best you can - you're in the running. You have a shot. Do your best. That's really all that can be said.