Am I Crazy??
I recently landed an SA 24 offer with a MM firm in SF (think around Baird). I'm really happy about it, but I really wanted to end up at a BB/EB. In addition, my location of preference is NY.
Is it worth it to change the expected graduation to 2026 (currently expected 2025) on my resume and apply to SA 25 positions, and if I land something significantly better, delay my graduation and do my upcoming internship as my "sophomore internship?" I think I can place much higher given all the experience I've gained from going through the process once already, and based on what I've been reading on here, it sounds like making a jump to a different firm for FT is extremely difficult (especially to a different city).
Is this even allowed/can I get in trouble for doing this? Is this something people ever do? And with the assumption that I'm incoming at some MM firm, what firms would you consider it for sure worth it to make a sacrifice like this? Delaying my graduation would suck... Sure maybe you'd do this for Goldman, but what about Barclays, Guggeinheim, UBS... where is the cut-off (in your opinion)?
Well, you're not crazy for considering all your options! It's important to weigh the pros and cons of each decision. Here are some things to consider:
Experience: You've mentioned that you've gained a lot of experience from going through the process once already. This is a valuable asset and could indeed increase your chances of landing a position at a BB/EB firm.
Location: If your preferred location is NY, then it might be worth considering a change. However, keep in mind that SF also has a vibrant finance scene and could offer great opportunities.
Delaying Graduation: This is a significant decision and could have both financial and personal implications. It's important to consider whether the potential benefits of a different internship outweigh these costs.
Changing Firms: It's true that making a jump to a different firm for FT can be challenging, but it's not impossible. It largely depends on your performance during your internship and the network you build.
Ethics: As for changing your expected graduation date on your resume, it's crucial to maintain honesty and integrity in all your professional dealings. Misrepresenting information could lead to complications down the line.
Firm Reputation: When considering whether it's worth it to make a sacrifice for a particular firm, consider factors such as the firm's reputation, the opportunities for growth it offers, and its culture.
Remember, there's no one-size-fits-all answer to this. It's a personal decision that depends on your career goals, risk tolerance, and personal circumstances. It might be helpful to discuss your options with a mentor or career counselor.
In this environment, I would be ecstatic that I have an offer at a known bank. Work hard and make sure you get the return. Then you can see if you want to recruit full-time or stay at your bank for a year. When the market inevitably turns around, you will be a sought after candidate for EB/BB.
Nah, I did this but with a +1 degree.
How big was the upgrade? Did you still do the older internship?
I don’t think your current internship offer will be valid since the point of the junior internship is to convert to FT offer. Not sure on that.
Congrats on Baird.
bump
You sir, are crazy!
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