Summer After Senior Year of College?

Hello. Although I am only a rising sophomore, I have already begun to think of the future. My questions are:

1. What do people typically do the summer after their senior year of college? I am aware that most people graduate with a job offer and I imagine they start working in fall, so what do they typically do in the summer?

2. If the answer to the first question is nothing/volunteer/travel etc, would it be a good idea to pursue a pre-mba program such as the ones at Yale or Booth during the summer after graduation?

Side note: My original plan for this summer (between freshman and sophomore) was to do an internship for one month and the go on to Booth's program for another month. I was wait-listed but ultimately denied admission. I was therefore thinking that if I got wait-listed as a freshman, I might have a good shot at getting in the summer after graduation with a lot more experience, internship experience, and hopefully, an offer under my belt.

Thoughts?

 
Best Response

Firstly, I don't know if it's true that most people graduate with job offers - most of my friends outside finance haven't graduated with job offers in hand - not all industries recruit as early as finance, and you'd be surprised at the number of students who don't pursue internships etc as a way to land a job after graduation. I've heard people say "I'll graduate, enjoy my summer, and then start looking for jobs" more than a few times. I've also studied in the US and Australia and it's been the same in both places - keep in mind WSO is a very limited sample set.

To answer your questions:

  1. As you assumed, people typically relax/travel/volunteer etc.
  2. Hell no! If you're going into banking for a couple of years, take the break and enjoy your time off - I'm heading into IB full-time and I've had basically all the bankers I know tell me to do anything I need to to save up enough money to travel/do cool stuff the summer before work. Don't spend your time in a pre-MBA program.
 

The statement of most people graduating with an offer is based on stats I've seen for target schools, so they are probably not akin to non-targets/semi-targets.

A point I perhaps should have included it that these Pre-MBA programs are not all summer. Booth's program is 5 weeks and Yale's program is only two weeks. After knowing this, does it change your opinion?

"The illegal we do immediately; the unconstitutional takes a little longer."
 

You could also say if it's only for 5 weeks or 2 weeks, what's the point? Relax. Also, you're not even a sophomore yet - you have no idea how your interests will change and what you'll want to do after senior year. Don't try to plan too far in advance, just decide what you want to do around then - shit, you may get unlucky and have to spend all summer hustling to get a job, for example.

My stats about people not graduating with offers are based on my experiences at targets/semi-targets also

 

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