Delaying grad

Delaying graduation to re-enter the recruiting cycle can be a viable strategy, but it depends on your specific circumstances and goals. Based on the most helpful WSO content, here are some key considerations:

1. Improved GPA and Profile:

   • If you can raise your GPA to a 3.7 by December, it will strengthen your profile, especially for competitive roles in IB or PE. A higher GPA can help you meet cutoffs and stand out in applications.

2. Additional Internship Opportunities:

   • Delaying graduation gives you another shot at securing a summer internship, which is critical for breaking into IB or other competitive fields. Many users on WSO have successfully delayed graduation to pursue internships at BB, MM, or boutique firms, which later led to full-time offers.

3. Financial Considerations:

   • Taking out loans to delay graduation is a significant decision. Ensure that the potential return on investment (e.g., securing a high-paying IB or PE role) justifies the cost. If you're confident in your ability to leverage the extra time to land a strong internship or full-time offer, it could be worth it.

4. Recruiting Timeline:

   • Keep in mind that recruiting timelines are increasingly accelerated. Start networking and applying as soon as possible to maximize your chances. Cold emailing boutique firms and leveraging alumni networks can be effective strategies.

5. Alternative Paths:

   • If delaying graduation isn't feasible, consider other options like pursuing a master's degree (e.g., MFin or MSF) at a target school, which can reset your recruiting timeline and open doors to top firms.

6. Past WSO Success Stories:

   • Many users have shared success stories of delaying graduation to secure internships and full-time offers. For example, one user delayed graduation to complete a summer internship at a large bank, which led to a return offer. Another user pushed back their graduation date, improved their GPA, and secured interviews with BBs and regional IBs.

Ultimately, delaying graduation can be a strategic move if you use the extra time to enhance your profile, gain relevant experience, and actively participate in the recruiting process. However, weigh the financial and personal costs carefully before making a decision.

Sources: What to do as a rising senior at a non-target with no IB experience, Are transfers really screwed?, Missed SA 2019 recruiting - delay graduation for SA 2020?, GPA dropped below cutoff after accepting offer help!, Recruitment Set Back To "Normal"