Graduating Early: Good or Bad?

Hey! I've heard from multiple sources that graduating in 3 years can be bad because employers may automatically assume that you are too immature to handle jobs. In IBD, is that true? What about other finance or consulting professions?

 

Yeah, I was thinking about staying just one more quarter so that I have the benefit of the 3rd year internship. Then from Jan-June, I could travel Europe or hike on the AT or west coast or something like that.

 
Best Response

We hired a kid for full time who will graduate from an ivy in 3 years. He is arguably more mature than some of the analysts and associates currently working, so I wouldn't read too much into the issue. That being said, why would you want to leave school early unless you have a boring social life? Real life sucks man, yes you will save a year's worth of tuition, but there isn't a day that goes by where I don't think it would be awesome to go back to being a senior in college, knowing I just locked down a job and I had a few months left to live the dream without worry...

 

I finished up my course work two quarters early, and then waited until June to graduate so I could walk with my friends. Easily one of the best decisions I've ever made. 6 months of doing nothing before you show up for training is absolutely the way to go.

I would agree with you, but then we'd both be wrong.
 

if $ is no object, stay for five years. Take extra courses, do more research, more internships. Have more fun, fuck more bitches, have a blast. Do some crazy shit. Network your ass off. And then, after five glorious college years, get a great job.

Again, all this if $ is no problem...otherwise, make a discretionary decision. But stay in college - your penis, and your right palm, will probably thank you, as will your career and happiness.

To the starving man, beans are caviar
 

I graduated in 3 years, but never mentioned it in interviews. Interviewers who had the attention to detail to notice on my resume were impressed by my maturity level / competitiveness, those who didn't simply judged me alongside my older peers. I marketed myself as a Junior during SA recruiting (didn't go through FT recruiting). Worked out for me at the end. Some other kid marketed himself as a Sophomore with the option to graduate early and didn't see any success during a difficult SA recruiting year...so he ended up staying his full 4 years to get into IBD.

I can't help you decide if you should graduate early, but hopefully this answers your question with regards to perception during the interview process.

 

they know you're a sophomore...will they even make you a full time offer? or they know you have the graduating in 3 years option?

personally, you seem like you have your shit together and will get in IBD either way. which is great. I think you should stay another year/semester and relax and have a good time. you'll have the rest of your life to work.

 

What's your relationship with your MD like? Could you casually drop that you're toying with the idea? If you don't think you can wrap up the offer and decide to stay in school, you should be well set up for next summer. Assuming you have a solid GPA, you should at least be able to snag an internship at a better bank, even if it's not at a BB.

Also, would graduating early save you from piling on more debt?

Fwiw I graduated a year early from a state school and had only a year long PWM internship under my belt. Sounds like you have your shit together much more than I did on that front.

 

I would wait to talk to HR/other people you are working with until you are a few weeks into the internship. Depending on the bank, FT training takes place in July or August. If you prove yourself in those first few weeks there is a chance they might move you into the FT training program rather than finish up your internship. Worst case, you get a FT offer from them at the end of Summer, don't go back to school, and get a part-time job to hold you over until training starts again in the Summer.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 

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