Delaying grad for ib

I’m a sophomore at a target, and I’ve been thinking seriously about delaying graduation, so I wanted to get some perspective.

Freshman year was rough for me in a way I didn’t expect. I had some family stuff going on that genuinely had me considering dropping out. I got through it, but it definitely took a toll on my GPA and on how much bandwidth I had to figure out what I wanted to do career-wise.

On top of that, I’m in a pretty brutal major/school (within my target school). It’s not one of those where you can just grind harder and guarantee an A. It really requires a certain level of STEM background and natural problem-solving ability that I don’t think I fully have and I think GPA reflects that.

The thing is, I’ve realized (a little later than I should’ve) that I actually want to pursue finance/IB, I was delusional enough to think I could be a quant and clearly I'm not smart enough. For IB, I’ve always been drawn to it, but I never seriously considered it before because I had no family connections and didn’t think I’d be competitive because of that.

I don’t want to switch out of my major because I’m already far in, but honestly I don't like it and I don't think I would be able to build the skills necessary to get a job in the area of my major.  So delaying graduation by a semester is something I’m considering to recover my GPA, take a lighter load, and actually give myself a shot at recruiting.

My question is: could delaying graduation hurt you in IB recruiting? Is this a bad decision? Or is it something banks don’t really care about as long as I can tell a coherent story and my GPA improves?

On top of that, I’m trying pretty hard to land a sophomore summer internship, but a lot of people just don’t respond. Even when upperclassmen from my clubs refer me to someone, half the time the person never replies and I know that if I do delay my grad I would probably need a good sophmore year internship If anyone has advice on how to convert those referrals into real conversations, or what kinds of sophomore roles make sense that are feasible would help too.

7 Comments
 

Delaying graduation for IB recruiting can be a strategic move, especially given your circumstances. Here's what you need to know:

1. Delaying Graduation: Does It Hurt?

  • No, it doesn’t hurt if you have a strong narrative. Based on the most helpful WSO content, many candidates delay graduation to align with recruiting timelines, improve their GPA, or gain relevant experience. Banks care more about your story, skills, and performance during interviews than the exact timing of your graduation.
  • Key is a coherent story: You’ll need to explain why you delayed graduation in a way that highlights your growth and determination. For example, you could frame it as a decision to focus on academics, gain relevant experience, and better prepare for a career in IB.
  • Precedent exists: Many candidates have successfully delayed graduation to secure internships or improve their profiles. It’s not uncommon in the industry.

2. Improving Your GPA

  • Taking a lighter course load to recover your GPA is a smart move. A higher GPA will make you more competitive, especially since IB recruiting is highly GPA-sensitive.
  • Use the extra semester to take finance-related electives or courses that demonstrate your interest in the field. Even if your major isn’t finance, showing coursework in accounting, corporate finance, or financial modeling can help.

3. Sophomore Summer Internship

  • Importance of a sophomore internship: As highlighted in WSO threads, having a sophomore summer internship is crucial for junior-year recruiting. It doesn’t have to be at a top-tier bank; even a boutique or finance-related role can demonstrate your interest and build your resume.
  • Networking tips to convert referrals:
    • Follow up persistently but politely: If someone doesn’t respond, follow up after a week or two. People are busy, and a gentle nudge can make a difference.
    • Be specific in your outreach: When reaching out, mention something specific about their background or experience that resonates with you. This makes your message stand out.
    • Ask for advice, not a job: People are more likely to respond if you frame your outreach as seeking guidance rather than directly asking for a referral or internship.
  • Feasible sophomore roles:
    • Boutique investment banks
    • Corporate finance roles at Fortune 500 companies
    • Private equity or venture capital internships (even unpaid ones)
    • Financial analyst roles at startups
    • Wealth management or asset management internships

4. Recruiting Strategy

  • Start networking early: Use LinkedIn, alumni networks, and your school’s career center to connect with professionals in the industry.
  • Leverage your target school: Being at a target school gives you an edge. Attend on-campus events, info sessions, and career fairs to meet recruiters and bankers.
  • Prepare for interviews: Use resources like the WSO IB Interview Guide to master technical and behavioral questions. Practice financial modeling and stay updated on market trends.

5. Final Thoughts

Delaying graduation is not a bad decision if it helps you recover your GPA, gain relevant experience, and better position yourself for IB recruiting. Banks won’t penalize you for it as long as you can articulate your reasons clearly. Focus on networking, securing a sophomore internship, and building a strong story to explain your journey.

Remember, IB is all about persistence and preparation. Keep grinding, and you’ll get there!

Sources: Consulting Recruiting 2023, Non-Target Recruiting Guide Part I: Resume and Networking, CS Interns - Resist the temptation to email a banker/staff to ask about your internship, Can we get a list going of sophomore summer 2019 programs/internships? (Confused), How to Approach 2020 SA Recruiting as a Junior Transfer to a Target

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Most Helpful

Honestly, it sounds like you need to increase your volume. Also review what message you are sending them, short, sweet and relevant/relatable. If you goto a target there is really no reason that no one is responding other than you aren’t sending enough emails or your emails stink.

As for whether or not you should delay, I don’t think it would hurt you especially because you haven’t even recruited before, however, make sure your grade date on your resume shows the new date of graduation.

Lastly, before hurting yourself too much with taking easy credits I would try and boost your GOA while still maintaining your grad date, if you do this than you can recruit, see if it works out, if not you can still grad on time. If you take the credits now but don’t land anything you just put yourself in more debt for no reason. Also, make sure this is actually something you want, I feel like a lot of people out of anxiety pull the IB lever when in reality they only want this because they feel like it’s an easier thing they can just panic do. It’s truly not easier and has its drawbacks like everything else, just do you research

 

Thanks, I've sometimes felt that finance is kind of pigeonholey to be fair. For summer internship, you said I need to increase my volume which means I need to email more people at every firm doesn't matter seniority?

 

I mean ideally you do mostly analyst but really it matters most what kind of connection you have to them. Also, that your interaction with them matches their seniority

 

There are a lot of threads on this already. Did this personally and happy with the outcome. Had no problems and was never asked about it during interviews

 

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