LinkedIn: It's no secret that if you goof off in college and end up with a low grade point average, you will probably kill your chances of going to an elite graduate school. But did you know that a lower GPA would likely cost you in salary and bonus as well?
That certainly seems to be the case, according to a new study of compensation in investment banking by WallStreetOasis.com. The study is based on the responses of 3,401 employees of both large and small investment banking firms who voluntarily reported their pay to the website.
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