Advice on Re-Recruitment (Part 2)

Hi,

This is in relation to a post I previously made on re-recruiting.

I am currently a junior in college and set to graduate in May 2027. I went through investment banking recruiting for the summer after my junior year of college (Summer 2026), but I was not able to get an offer in investment banking. However, I did get an offer that I accepted at a reputable bank for transaction banking for Summer 2026, but I don't want to do that. Investment banking is my goal. I am now planning on re-recruiting by pushing my graduation date back and recruiting for Summer 2027 internships. I have a few questions about my transaction banking summer analyst role.

On my resume that I am using to apply for Summer 2027 investment banking internships, is it fine if I have "Incoming Transaction Banking Summer Analyst at Reputable Bank" for Summer 2026, even though "Reputable Bank" is expecting me to graduate in May 2027? Additionally, if I do get a return offer from "Reputable Bank" while also having an investment banking Summer 2027 offer, how do I navigate this?

One final question that I have is regarding the graduation date on my resume. Does it matter what I put on my resume in terms of graduating in December 2027 or May 2028? If I list May 2028 but end up finishing in December 2027, will that affect my eligibility? And vice versa as well? It's a little far out so not exactly sure about when I'm graduating. And also do banks favor seeing one graduation date over another, and if so, which one do they prefer?

11 Comments
 
Most Helpful

Here’s how I’d handle it:

  • Keep it factual: “Incoming Transaction Banking Summer Analyst, bank, Summer 2026” on the resume is fine. It shows you have a seat this summer.
  • If you’re pushing graduation to target IB SA 2027, list “Expected May 2028” now. It keeps you in penultimate-year filters. If you later finish in Dec 2027, just update it. Either date is eligible for SA 2027.
  • If the bank that hired you for transaction banking is expecting May 2027, let HR know you’re extending. That rarely affects a summer internship.
  • If you get a TB return and an IB SA 2027, take the IB SA. Decline the TB return professionally: thank them, say your long-term goal is IB, and you are pursuing that path next summer. No need to name the firm.
  • In IB interviews, frame the pivot as wanting deal exposure, modeling reps, and live-deal teamwork. Do not trash transaction banking.

Short answer on dates: Dec 2027 vs May 2028 does not matter much. You will start full-time with the July 2028 class either way.

OFFERGOBLIN.com | Earn your banking offer.
 

This is a huge help, thank you so much! I have a couple follow-up questions for you if you don't mind. In your third bullet you mentioned that I need to let HR know that I'm extending my graduation, but should I do that before or after I get the IB SA 2027? I would think I need to do that after I have secured an IB SA 2027, correct?

Again, thank you so much for your assistance!

 

Happy to help.

  • First, you haven't officially committed to extending or have the SA '27 so no need to say anything. Secure that first.
  • Second, keep TB on a need to know basis. You don't need to notify them rn, but even if you did they probably can't quickly find a replacement anyway so you'd be fine. Ideally, after you have commited to SA '27, you tell them after you've started the internship or at the end (so it's too late to shut you down). They may not like it because they intern'd you with expectation you'd be FT in '27 but things happen. It may affect your FT offer with them but you're in a situation where you have to risk it to go IB.

Does that make sense? General approach is keep quiet, land the SA '27, and let TB know as late as possible.

OFFERGOBLIN.com | Earn your banking offer.
 

I am thinking about two ways:

  1. Take a gap semester or gap year during my "senior" year. Then I can just make that up during the 2027-2028 school year.
  2. I could just take an online class during each semester of the 2027-2028 school year.

I'm not exactly sure which way to go yet. Most likely number 1, but I need to discuss more with my parents as they are paying for my tuition

 

Et esse corrupti itaque ipsum ratione odio quidem. Quo quia suscipit libero iusto. Quia qui sequi odio fuga est.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”