Any college seniors apply for an ib summer internship and then start the following year?

FarFromOver:

Interesting. I hear that it doesn't matter what your graduation date is though. Banks will recruit you for a summer internship and inform you that you will not start until the following year.

But what you are saying is that you changed your graduation date because you're going to stay in school for another year. I wonder if anyone has taken a summer internship and just sat back until they started full time the next year (if they received a FT).

Hope it all works out for you.

From what I understand seniors just aren't eligible for summer internships. I've heard that the only way to do it would be do what naija did and postpone your graduation date...otherwise I think you just have to wait until the fall and apply for FT.

Well, from my research and conversations with HR, they typically do not recruit graduates as summer interns. I asked quite a few banks this question before I decided to take the steps i took.

Maybe it is possible at a boutique but I am pretty sure that BBs/near BBs don't hire graduates as interns.

Also, I wouldn't be in school for an additional yr. I have fulfilled all the requirements for my major and first minor. I just declared another minor so that I had a reason to return. I do not plan to complete it and would be taking only 1 or 2 classes next semester.

To me, that's more like sitting back and relaxing until I resume full time next yr(hopefully). But i'll probably use the time more wisely and start working on my GMAT, and some NASD exams if the firm permits.

batmananalyst:

As for myself, I didn’t realize what I wanted to do until my last year of college (senior). During the fall semester of my senior yr, I applied for IB analyst jobs. I received several interviews, as well as many final rounds, but was unable to obtain an offer, mostly due to the fact that I did not have much tech finance exposure. Even though I knew a lot about industries and their business models (tech, biotech, real estate, and etc), probably more than many of the 1st yr analysts and interns, I had limited finance knowledge due to a lack of internship experience.

I tried to apply for an internship the following spring by trying to extend my graduation date to the next semester, so that I would be eligible. Unfortunately, the career center at my school are full of pricks and suspended me from their OCR, saying that this was unethical and violated their policies. Ironically, HR for many of the companies I talked to said that they did not mind, and if anything, they respected the determination and effort with which I was going about to try to get a "foot in the door". Luckily, despite being suspend from my campus OCR, which makes it very hard to look for an entry level job or internship, I was still able to talk my way into an internship in my senior yr, and get a full time job offer.

So, as long as you have the proper skills (intelligence, determination, and etc), it is still possible to get internship in your senior yr. You just have to be able to explain why you want the opportunity.

So did you return to school after the internship or you pretty much chilled for a yr and resumed with the next incoming class?