Grade non-disclosure

Grade non-disclosure is a student-body or school policy that says MBA students will not tell on-campus recruiters their grades, and recruiters who want access to on-campus recruiting agree not to ask. Transcripts still exist. The registrar still records marks. The policy is a recruiting truce, not a pass/fail degree.

Not every school has it. Not every employer honors it off campus.

How it works

A student government votes the policy. Career services writes it into employer rules. First-year core curriculum can then be graded without every case comment becoming a consulting-filter. Employers that refuse the rule recruit off list.

The truce usually covers intern recruiting more tightly than boutique off-campus searches. A hedge fund that never signed the school’s employer policy will ask for a transcript. You will send it or lose the process.

Example: School A has GND. Consulting firms that want 30 interns sign the rule and do not ask GPA on the OCR form. A student with a 3.1 still interviews. School B has no GND. The same firms ask for a transcript and quietly drop the bottom quartile. GND changed who gets the first round, not who can do the work.

How it differs

Pass/fail grading is a transcript system. GND is a disclosure rule on top of letter grades. A core waiver removes a course; it does not hide marks.

Common errors

Treating GND as “grades do not matter” and bombing the only quantitative core. Posting a GPA on LinkedIn and then claiming the policy. Assuming every industry signed the truce.