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What role does this play while looking for job in financial firms
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Yes academic record matters a lot specially for freshers. Most of the big companies (including Big 4) shortlist their applicants on academic records. Once a person has gained some experience and good command over his field then companies may ignore his / her academic background. It's advisable if you don't have a good academic background then start your career with a small / medium firm and after gaining some experience apply for big firms.
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