A lot of the firms I interviewed with in college had minimum GPA requirements even to talk to them. A 3.5 was preferred, but 3.2 was the cutoff. When I had worked for one firm a couple years and went back to my university to help with on-campus recruiting, we actually rejected a couple people that would have been great because their grades were at the cut-off. One guy in particular was really cool and smart, but had spent time in Europe studying abroad and traveling so his grades suffered a bit, but the partners didn't want to appear to be "lowering their standards". Dicks.
In my profession, I've learned that after the 1st job, GPAs and transcripts matter less and less.
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One step closer to the edge...
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