Taking Semester Off - Need Advice

I'm a rising senior right now, and I need some advice regarding my goals/future. I go to a semi-target school with a 3.4 GPA in Finance. Right now, I don't have an internship lined up, but I do have an opportunity to work at a regional boutique investment bank in August for 3 months. Now, this bank is in NYC and I go to school in the midwest. However, they also mentioned I can work from school and communicate over emails/phone/webcam.

Here's the tricky part: I might take a semester off and just focus solely on the internship. Has anyone done this in banking?

Here's my path planned out in my mind as of now:

Take Fall Sem off (internship) ---> Go to school Spring Sem (apply for SUMMER internship) ---> work/intern during summer ---> Go back to school in Fall for FT Recruiting

  1. Is this a viable option? Has anyone done this in banking?
  2. Or will I be in the same shape say if I went back to school and interned part time?
  3. Finally, how will FT recruiting be with a no-name boutique on my resume?

There's a lot of information, I know. I really appreciate your help. Thanks.

 

It depends what you will be doing at the bank. Make sure that you'll be treated more like a full-time analyst than an office assistant. If you do relevant work, then you'll have something that'll help you stand out.

--Death, lighter than a feather; duty, heavier than a mountain
 

Thanks for the input. Taking longer to graduate really doesn't matter for me. If I were to take a semester off, I'd be paying the same. And to me, the extra experience in banking is worth it. However, the only problem would be subleasing my apartment.

But, if I were to take the semester off though, is it possible to look for an internship in the spring even though I'm technically a senior? This is my #1 concern. Same with full time because I will be graduating a semester early.

 
Best Response

No, I meant what, like you said, going back to school for the spring and applying for summer internships and then interning during the summer. Then, I would finish my last semester the fall following the summer. Confusing, I know. But, my goal is to do banking at MM/elite boutique/possibly BB firms.

By the way, what do you mean it won't be prime recruiting season? At my school, Fall semester is prime time for FT recruiting in i banking. Spring semester is for the summer internships.

 

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