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FT immediately after SA?

Is it common to go directly to FT after the SA program ends, or do they often overlap? The reason I ask is because I will be looking to make the move to IBD come May (when I complete my MBA), and to date only have FA experience (from an insurance company no less, though I will have market exposure). I presume that in my case (low undergrad GPA from non-target), it would be wise to take the SA route before attempting FT, but I am worried that there is a year gap from SA to FT as many SAs are juniors; and I will be in my final year of my MBA.

Any insight would be greatly appreciated.

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