I've been receiving feedback from several upperclassmen and peers at my school that I have little to no realistic chance of being a strategy consultant at a top firm (MBB, Tier 2, Big4) straight out of undergrad with my GPA. As consulting deadlines approach, I find myself wondering if they're really right and if I am wasting my time applying.
To give you some context, I am a rising senior at a LAC that ranks quite consistently within the top7 on college ranking websites (think Bowdoin/Claremont McKenna/Wellesley), and I have a double major in economics and political science. My resume is nothing super impressive: I have a variety of experiences ranging from working with political campaigns and non-profits to private equity (search fund) and hackathons, but none were with big-name companies.
My cumulative GPA as of now is 3.15, and my major GPA is somewhere around 3.5. I am confident that I can/will bring these up by the time I graduate, but these are unfortunately the GPAs that I will be applying to jobs with. I currently only list my major GPA on my resume, but I am aware that some firms like Deloitte and KPMG straight up require a transcript with my application, meaning they will see my poor cumulative GPA anyways. I'd greatly appreciate if anyone can answer the following questions for me:
1. What are the approximate implicit GPA cutoffs for some of the major consulting firms? And if a firm has a GPA requirement of at least a 3.0 on the job description, is it REALLY possible that a candidate can be competitive with, for example, a 3.01 (any GPA that barely floats over the limit)? Is an applicant auto-rejected if he/she does not meet the limit?
2. Does GPA matter once you're in the interview stage?
3. (Deloitte specific) An alumni in Deloitte with the rank of a "client executive" was generous enough to promise me a referral. How high-ranking of a position is this role in the Deloitte corporate hierarchy?
4. Can anyone give me their stories or insights on how they navigated around a low undergrad GPA to land a role at a top consulting firm?