Comments on: Investment Banking Background Checks http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/ Career advice for ambitious college students and recent graduates: how to get a job in finance and how to maintain your sanity. Wed, 20 Aug 2008 15:24:04 +0000 http://wordpress.org/?v=2.5.1 By: Inquisitor http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-1228 Inquisitor Sat, 05 Jul 2008 23:54:03 +0000 http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-1228 See my response above - I would not bother for something like this. See my response above - I would not bother for something like this.

]]> By: Inquisitor http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-1227 Inquisitor Sat, 05 Jul 2008 23:53:42 +0000 http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-1227 Dina: I think you're probably fine here. If your GPA only dropped by 0.1 or so, that's very minimal... especially if it's well above 3.0. Personally I would not mention anything for something as small as this - they may check your GPA, but only to verify that it is at least in the range you gave. And I think they'll understand that due to timing and such it will not match up exactly. Dina: I think you’re probably fine here. If your GPA only dropped by 0.1 or so, that’s very minimal… especially if it’s well above 3.0.

Personally I would not mention anything for something as small as this - they may check your GPA, but only to verify that it is at least in the range you gave. And I think they’ll understand that due to timing and such it will not match up exactly.

]]> By: Dina http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-1220 Dina Sat, 05 Jul 2008 01:44:04 +0000 http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-1220 btw, I haven't turned in background check forms yet. maybe I should indicate this on my background check form? need your advice... btw, I haven’t turned in background check forms yet. maybe I should indicate this on my background check form?
need your advice…

]]> By: Dina http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-1219 Dina Sat, 05 Jul 2008 01:42:48 +0000 http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-1219 I have a question about GPA timeline. I had an internship last summer. This yr, I graduated. At the end of last summer, my internship boss referred my resume to some banks and funds. The GPA I put on my resume was 1 semester "older" (in other words, it has 5 semesters as opposed to 6 semesters, since before the end of summer, my 6th sem grades came out, but I didn't get a transcript for myself as I was in NYC, so I didn't average in the 6th semester grades into my GPA). I asked my boss if this was ok and whether it's better to give him my resume after I went back to school and saw my 6th sem grades. He said, it was ok, and grades r not that important. So I just updated my internship experience onto my resume. I signed my full-time offer last Dec (not w/ my internship company). I gave them the same resume as I gave my internship boss, 'coz I am afraid that they saw diff GPA version of my resume, and that's not good. Yet, averaging in my 6th sem grades, my GPA dropped by >0.1, but still well above 3.0. Very frankly, I didn't mean to puff my GPA or do anything dishonest. Now I am a little bit worried about background check. Although nobody asks for my transcript, and my school transcripts doesn't show GPA, I think background check companies can get my 6 sems of GPA if they really want. The background check process will be after I start. Do you think I need to explain to my HR about this? Or should I wait until if they ask me? Any advice? I have a question about GPA timeline.
I had an internship last summer. This yr, I graduated. At the end of last summer, my internship boss referred my resume to some banks and funds. The GPA I put on my resume was 1 semester “older” (in other words, it has 5 semesters as opposed to 6 semesters, since before the end of summer, my 6th sem grades came out, but I didn’t get a transcript for myself as I was in NYC, so I didn’t average in the 6th semester grades into my GPA). I asked my boss if this was ok and whether it’s better to give him my resume after I went back to school and saw my 6th sem grades. He said, it was ok, and grades r not that important. So I just updated my internship experience onto my resume.
I signed my full-time offer last Dec (not w/ my internship company). I gave them the same resume as I gave my internship boss, ‘coz I am afraid that they saw diff GPA version of my resume, and that’s not good. Yet, averaging in my 6th sem grades, my GPA dropped by >0.1, but still well above 3.0. Very frankly, I didn’t mean to puff my GPA or do anything dishonest.
Now I am a little bit worried about background check. Although nobody asks for my transcript, and my school transcripts doesn’t show GPA, I think background check companies can get my 6 sems of GPA if they really want.
The background check process will be after I start. Do you think I need to explain to my HR about this? Or should I wait until if they ask me? Any advice?

]]> By: Inquisitor http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-1166 Inquisitor Sat, 21 Jun 2008 21:51:01 +0000 http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-1166 James: If it was a misdemeanor (what I believe shoplifting is usually recorded as), it should not be a big deal AS LONG AS YOU DISCLOSE IT. Always disclose minor stuff like that on the form, they always catch people for being stupid and lying about small things so you have to be really careful there. James: If it was a misdemeanor (what I believe shoplifting is usually recorded as), it should not be a big deal AS LONG AS YOU DISCLOSE IT. Always disclose minor stuff like that on the form, they always catch people for being stupid and lying about small things so you have to be really careful there.

]]> By: james http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-1162 james Sat, 21 Jun 2008 06:48:10 +0000 http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-1162 What about shoplifting? Would that lose you a job? What about shoplifting? Would that lose you a job?

]]> By: Inquisitor http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-1083 Inquisitor Mon, 02 Jun 2008 17:41:58 +0000 http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-1083 Frank - you can still list it on your resume but I might note that it was not an official employment and definitely note it in any background check forms you submit that nothing was official and there may be no records. Frank - you can still list it on your resume but I might note that it was not an official employment and definitely note it in any background check forms you submit that nothing was official and there may be no records.

]]> By: Frank http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-1081 Frank Sun, 01 Jun 2008 08:01:34 +0000 http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-1081 What if you're a college student and you've done some informal interning where you've worked with some people at the firm but was not officially employed? What if you’re a college student and you’ve done some informal interning where you’ve worked with some people at the firm but was not officially employed?

]]> By: Inquisitor http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-572 Inquisitor Mon, 21 Apr 2008 04:55:22 +0000 http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-572 DRS: If you're referring to the "Related Coursework" section of your resume, they don't really care what you list there. So it's fine to omit subjects where you did poorly. Only way you would get in trouble is if you actually tried to hide something on an official transcript. DRS: If you’re referring to the “Related Coursework” section of your resume, they don’t really care what you list there. So it’s fine to omit subjects where you did poorly.

Only way you would get in trouble is if you actually tried to hide something on an official transcript.

]]> By: DRS http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-571 DRS Sun, 20 Apr 2008 23:33:18 +0000 http://www.mergersandinquisitions.com/2008/03/10/investment-banking-background-checks/#comment-571 how about omittance of subjects/modules you've performed poorly in the resume? or do they only care if you've lied about something you've mentioned? (if that makes any sense) does bending the truth come into it too? how about omittance of subjects/modules you’ve performed poorly in the resume? or do they only care if you’ve lied about something you’ve mentioned? (if that makes any sense)

does bending the truth come into it too?

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